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Friday, June 15, 2012

R Kelly taxes

R Kelly taxes, R. Kelly owes millions in unpaid taxes, report claims R&B icon R. Kelly is deep in debt to the IRS, according to gossip site TMZ . The unpaid taxes are the latest in a string of bad financial news for the crooner, as last year he was reportedly unable to make payments on his Chicago mansion and was hit with a $2.9 million foreclosure lawsuit.TMZ reports that the R. Kelly, the Grammy Award-winning R&B star, owes a cool $4.85 million in unpaid taxes.
The singer owes money for every year between 2005 and 2010. In 2005, he failed to pay nearly $1.5 million, according to TMZ.

This is only the latest bad news for the financially-strapped singer. Last summer, it came to light that Kelly had failed to make mortgage payments on his Chicago-area mansion for more than one year -- he was then slapped with a $2.9 million foreclosure suit. The 11,000-square-foot Olympia Fields home went on the market in December with an asking price of $1.595 million.

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