Singer Mary J. Blige Owes IRS $3.4 Million in Back Taxes
Posted on Jun 19, 2013
Even with all of the financial planning resources they have at their fingertips, celebrities are not immune to tax law violations. The most recent celebrity to grab headlines for their tax woes is R&B singer Mary J. Blige. It has been reported that she has been hit with a $3.4 million tax lien for failing to pay her federal income taxes over several years. This lien is on top of two other separate liens from authorities in Saddle River, New Jersey, and Westchester County, New York, where she owns homes. She received notice of the New Jersey lien in February and the New York lien in March.
In addition to not paying her federal taxes, it is also alleged that she hasn't paid state taxes either. She owes $574,907 from 2009, $2.2 million from 2010 and $647.604 from 2011. She also owes the state of New Jersey $901,769 in back taxes.
On top of her tax problems, Blige was also recently sued by the Bank of American in New York State Supreme Court. The bank said she took out a $500,000 loan and did not pay the entire amount back. They are suing her for the unpaid principal, plus interest owed. This comes out to about $514,000. Signature Bank also sued Blige and her husband Martin Isaacs back in November for defaulting on a $2.2 million loan.
Blige's representative says, "Mary has been and is continuing to work her new team to resolve all these issues as quickly as possible."