All Articles Tagged "celebrities taxes"
Damon Dash can’t seem to beat the IRS. Maybe he should take a lesson from fellow industry-mate turned prisoner, Ja Rule, and strive to settle his debts before he ends up in jail.
According to Detroit News, Dash, who has been in trouble with the IRS since at least 2008 , has skipped out on another tax bill and the IRS has now filed a $2,984,364 lien against him on June 30 with the New York City Register’s Office.
Dash’s problems became public in 2008 when he faced foreclosure on two downtown condos in New York and had his luxury SUV repossessed due to unpaid legal fees. He couldn’t keep up with his $78,500 monthly mortgage payment on his two residences that he bought for $7.3 million according to Forbes and by 2010, one of his Tribeca condos was sold in a foreclosure sale for $5.5 million.
The 40-year-old former Roc-a-Fella manager is going it alone, as Rachel Roy filed for divorce from Dash in 2009. She seems to be doing well for herself with her Rachel Roy fashion line. Maybe she can spare some cash to her former flame and settle his debts once and for all.