Although he was listed at No. 7 on Forbes' Hip-Hop Cash Kings this week, earning a reported $17 million in the past 12 months, Swizz Beatz doesn't exactly have his taxes in line.
According to a report by TMZ, the super-producer is in debt to Uncle Sam (aka the IRS) for nearly $900,000.
IRS records show that Swizzy (real name: Kasseem Dean) and his estranged wife Mashonda have an $842,644.52 tax lien against them.
Calls to Violator Management, who manages the producer's career, were not returned at press time.
By comparison, as reported by TMZ, former NFL legend Bernie Kosar owes $228K, while Mini-Me, otherwise known as Verne Troyer, has a $300,000 lien against him.
Swizzy is not the only one who may be going through financial woes. Michael Jackson has been long rumored to have his own money issues, but a recent report claims the King of Pop is stealing money from his brothers.
The New York Post's Page Six gossip column is reporting that Michael Jackson owes his brothers -- Jermaine, Tito, Marlon and Jackie Jackson -- to the tune of $840,000 in royalties paid from his long list of hits as the Jackson 5.
It is also said that Michael hasn't spoken to his brothers since his widely publicized child molestation trial three years ago.
Since they haven't spoken, it's unlikely he will join his siblings at the BMI Urban Awards where they will be presented with a lifetime achievement award.
Source: BallerStatus.com
According to a report by TMZ, the super-producer is in debt to Uncle Sam (aka the IRS) for nearly $900,000.
IRS records show that Swizzy (real name: Kasseem Dean) and his estranged wife Mashonda have an $842,644.52 tax lien against them.
Calls to Violator Management, who manages the producer's career, were not returned at press time.
By comparison, as reported by TMZ, former NFL legend Bernie Kosar owes $228K, while Mini-Me, otherwise known as Verne Troyer, has a $300,000 lien against him.
Swizzy is not the only one who may be going through financial woes. Michael Jackson has been long rumored to have his own money issues, but a recent report claims the King of Pop is stealing money from his brothers.
The New York Post's Page Six gossip column is reporting that Michael Jackson owes his brothers -- Jermaine, Tito, Marlon and Jackie Jackson -- to the tune of $840,000 in royalties paid from his long list of hits as the Jackson 5.
It is also said that Michael hasn't spoken to his brothers since his widely publicized child molestation trial three years ago.
Since they haven't spoken, it's unlikely he will join his siblings at the BMI Urban Awards where they will be presented with a lifetime achievement award.
Source: BallerStatus.com
