Lil Wayne owes 12 Million to the IRS

Yes people, another one attempts to give Uncle Sam the slip. According to reports, Lil Wayne owes the IRS 12 Million (You read correctly 12 Million big ones). Young Tunechi failed to pay in 2011 and 2012. TMZ reports Lil Wayne aka Mr. Dwayne Carter Jr owes 5.8 Million for 2011 and 6.3 Million for 2012. neglected to pay his taxes for 2011 and 2012, resulting in quite the tax lien.

Wayne has had finance issues previously back in 2008 and 2009, he was ordered to pay 7 million dollars for back taxes. Wayne cleared that tax debt in 2012 and should plan on clearing up this one soon, considering Weezy is reported to be worth 135 Million dollars . According to Yahoo!music the rapper spokesperson for the artist said the issued is being investigated, Lil Wayne’s tax attorney and accountants are looking into the matter.

Wayne is getting ready to release a new album, Tha Carter V, in May as some of you might heard from the announcement Drake made during the NBA All-Star weekend.

 

 

Ian Jackson
Editor-In-Chief
Founder/Owner of All Bay Music Magazine, Owner of TheRapManager.com