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Tuesday, January 10, 2017

Nas Settles His $3.5 Million Bill With The IRS

Posted by DJ Yeroc on 4:35 PM

nas-ig-firstNas had a stretch of forgetting to pay his taxes between 2006 and 2010 and ended up owing the IRS $3.5 million, which he just paid.

The Feds reported that Nas owed $804,782 for 2006, $1,779,453 for 2007, $615,600 from 2008 and $339,005 from 2010, for a grand total of $3,538,900.

That’s the kind of lien that will get you tossed in jail. So it’s a good thing the 43-year old wasn’t found to have committed tax fraud, and was ultimately able to settle up with Uncle Sam.

However, his tax problems are still not over.

Nas continues to owe the state of Georgia $426,000 for 2007. That amount includes about a $60,000 penalty, $57,000 in interest and a $71,000 “collection fee.”

Nas hasn’t dropped an album since 2012’s Life is Good, although there have been rumblings he might be headed back to the studio.

The post Nas Settles His $3.5 Million Bill With The IRS appeared first on hiphopearly.



from hiphopearly http://ift.tt/2iCGmIC

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