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It doesn't figure that rappers would be particularly conscientious taxpayers:
Louisiana authorities issued a statement that the rapper Mystikal could face more jail time for failing to file taxes for two consecutive years. David Dugas, the U.S. Attorney of Baton Rouge, and Michael Nelson, a Special Agent in Charge of the New Orleans IRS field office reported that Mystikal, born name Michael Tyler, could face up to one year prison for each of the two years that have gone unpaid.
Jail time may actually be a good career move in Mystikal's business, but I wonder if tax charges carry the same cachet among hip-hop fans as, say, assault, murder or drug charges?
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The items included in the Tax Update Blog are informational only and are not meant as tax advice. Consult with your tax advisor to determine how any item applies to your situation.
Joe Kristan writes the Tax Update items, and any opinions expressed or implied are not neccesarily shared by anyone else at Roth & Company, P.C. Address questions or comments on Tax Updates to
Comments
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Hmmm....
"Bust-a-Roth?"
"Baby Got 401(k)?"
"Shake Ya 1099?"
Posted by: hgstern | August 16, 2005 9:13 AM