Trending

Beyoncé Takes On The IRS Over $2.7 Million Tax Liability

  • Beyoncé is challenging the Internal Revenue Service in U.S. Tax Court.
  • The 41-year-old singer filed a petition seeking a redetermination of an almost $2.7 million tax liability imposed by the IRS in Notice of Deficiency for the years 2018 and 2019, according to Forbes.
  • For the taxable year 2018, the IRS assessed that the “Lemonade” hitmaker owed an additional $805,850.00 in taxes and $161,170 in penalties, per the Notice of Deficiency dated Jan. 18.
BACK TO HOMEPAGE