Rapper/Producer Swizz Beatz Owes IRS $2.6 Mil
By IBTimes Staff Reporter | November 13, 2012 5:42 AM EST
Rapper and hip-hop producer Swizz Beatz is in millions of dollars worth of trouble with the IRS.
TMZ reports that the 34-year-old entertainer, whose real name is Kasssem Dean, owes the federal government $2.6 million in unpaid taxes.
The news source suggests that Beatz is living his own lyrics, "You ain't getting none from me or my bank."
Beatz is no stranger to tax issues; New York State filed a lien against him in 2010 for $98,246.18 in unpaid state taxes.
SOHH also noted that he has had tax liens against him filed with the New York County Clerk, the Rockland County (N.Y.) Clerk, and the Somerset County (N.J.) Clerk. In conjunction with his ex-wife, R&B singer Mashonda, Beatz reportedly owes taxes as far back as 2006.
There has been no word from Beatz, but sources suggest that the Grammy winner is not wanting for money.
He and wife, Alicia Keys, are in the process of signing a $12 million agreement to buy Eddie Murphy’s Englewood, Calif., mansion, the Daily Mail reported. The couple has placed their New York home on the market for about $17.95 million.
In addition, Forbes named the producer the 16th highest paid person in hip-hop in September, for having earned $7 million over the last year.
Beatz has produced for several famous names such as Beyonce, Chris Brown, Dr. Dre, DMX, and Kanye West.
He started his own record label, Full Surface, when he was 23.
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