Category: Mo Money Mo Problems
The IRS Claims That Beyoncé Owes $2.7 Million In Back Taxes, But She Says Otherwise
I think Beyoncé is in her ordinary people era by reminding us she does the same things we do. Or, in this case, things we sometimes don’t do since our favorite alien superstar is currently having issues with the IRS. The IRS claims that Beyoncé owes $2.7 million in back taxes and penalties, but instead of digging into her wig budget and paying them to go away, she has countered by filing a petition in U.S. Tax Court. And like Shakira with the Spanish Tax Man before her, Beyoncé claims that she doesn’t owe Uncle Sam another dime.
Priscilla Presley Is Contesting An Amendment Made To A Trust For Lisa Marie Presley’s Kids Following A Big Life Insurance Payout
As we know, the last few years of Lisa Marie Presley‘s life were marked by tragedy and struggle. Right up to the bitter end and, apparently, beyond. Even though she had cause for celebration earlier this month following the success of Baz Luhman’s Elvis at the Golden Globes, that celebration was cut short two days later when she died unexpectedly following a cardiac event. Now, even in death, it seems the ghosts of her past are determined to fuck with her in the afterlife by pitting her mother, Priscilla Presley, and her daughter Riley Keough, against each other for control of a soon-be-be flush trust fund set up for her now 14-year-old twin daughters back in 2010, thanks to a pair of life insurance policies. TMZ reports that Priscilla is contesting a possible “fraudulent” 2016 amendment to the trust, which names Riley (as well as her brother Benjamin Keough who sadly died by suicide in 2020) as trustees, overriding the initial trustees, Priscilla and Barry Sigel. Barry was Lisa Marie’s former business manager, who she sued in 2018 for allegedly mismanaging her funds and causing her to be $16 million in debt.
Cardi B Will Donate To Charity After Getting Dragged For Thinking About Buying An $88,000 Purse
Cardi B. She likes dollars, she likes diamonds, she likes stunting, she likes shining, she likes million-dollar deals… where’s her pen? Bitch, she’s signin’! But what Cardi really, really likes are purses that cost as much as a college education. Several weeks ago she and Offset stirred up controversy (and a discussion about racism) when he bought his wife multiple Birkin bags and literally posted the ($128,662.50) receipts. Back in the summer, he raised eyebrows by buying 2-year-old Kulture her own pink $20,000 bag. Then, yesterday Cardi tweeted that she was mulling over whether or not she should purchase an $88,000 purse. Now, rappers flaunting their wealth is not exactly a new thing. But many social media users were pissed, sharing their own financial woes and pointing out that many can barely afford to feed their families during the pandemic.
Woe Is Robert De Niro Who Claims That He’ll Be “Lucky” To Make $7.5 Million This Year Due To The Pandemic
Now for a heartbreaking story that will fill you with the sads. Robert De Niro was forced to cut his ex-wife’s monthly American Express limit from $100,000 to $50,000. Said ex, Grace Hightower, who he split from in 2018, responded by requesting an emergency order to raise her allowance back up to six figures.
But Robert says he’s taken a massive financial hit during the pandemic because the Nobu restaurants and luxury hotel he has stakes in have been closed (or partially closed) since March and aren’t making any money. Despite the Nobu brand receiving between $11 million and $28 million in PPP loans (the data released earlier in the week only disclosed the sum in ranges). Nobu-hoo, Nobu-hoo. An American tragedy. So basically, De Niro needs dinero. Continue reading
Lindsie Chrisley Denies Selling Out Her Parents As Todd Chrisley Sues The Georgia IRS
Todd Chrisley and his wife, Julie Chrisley, may have been cleared of tax evasion on a state-level but that doesn’t mean they don’t want to keep the legal drama flowing. It seems that they want to get some recompense for the pain they went through being audited (the horror!) and are now suing an IRS agent claiming he had a shady relationship with their daughter, Lindsie Chrisley and was using her to get information on them! Well Lindsie is calling bullshit: her dad is the only one who uses scandalous information against those in the family.
John Singleton’s Family Is Fighting Over His Estate As He Remains On Life Support (UPDATE)
There was some sad news over a week ago when it was reported that director John Singleton was in the hospital after what was described as a mild stroke. Things got worse when it was revealed that the stroke was anything but mild and John was actually put in a medically induced coma. Things are now moving over into even worse territory, as now it’s being reported that while John is still in a coma his family is already fighting over all his money.