Tuesday, March 27, 2012

IRS Will Garnish Nas’ Checks After The Rapper’s Debt Climbed To $6 Million

Nas

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sources thisbeatgoes.com Nas will be handing over a portion of all of his earning to the IRS
after the federal government filed documents in the state of Georgia to have Escobar’s wages garnered. The IRS has apparently secured the cooperation of publishing giants BMI and ASCAP in order to lock the rapper in to paying the $6 million he owes.
Just last month, the IRS tacked on an additional $339,000 on to the rapper’s tax bill from money he owed the government back in 2010 and filed a lien against the rapper’s property. According to TMZ, the Queensbridge rapper’s debt has climbed steadily since 2010 when he first came under the scrutiny of the IRS after the tax agency claimed he owed the government over $3 million.
The rapper’s money issues apparently don’t end with his tax debt, although last year a judge dropped his child support payments from $50,000 to $25,000, but it looks like Nas has debts to pay elsewhere including $3,860 he apparently held back from the landlord of his apartment in New York.
Nas’ tenth studio album ‘Life Is Good’ might go a long way to help him repay some of the money he owes and the rapper just dropped the album’s second single ‘The Don’ which featured production from Salaam Remi, Da Internz and the late and legendary Heavy D. The record’s first single, ‘Nasty,’ came out through iTunes last August and made Rolling Stone Magazine’s ’50 Best Singles of 2011.’
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