(The BoomBox) — Hip-hop pioneer Doug E. Fresh owes the IRS a pretty penny, apparently failing to pay over $2 million in taxes. According the Detroit News, the beat boxer owes $2,276,848 million in taxes. In an attempt to collect on the hefty bill, the IRS filed a lien against Fresh with the New York City register’s […]
(Chicago Tribune) — Illinois got a holiday boost when its tax amnesty program brought in more money than anticipated, one of the few bright lights in a grim financial year for state government. The amnesty program brought in $547 million, with the state’s cut amounting to about $331.9 million. That’s about $82 million higher than […]
Whatever the District nets from its imminent tax amnesty period isn’t free money — not all of it, anyway. The fiscal 2010 budget included $20 million that officials estimated the “tax compliance initiative” would generate. But the success of recent amnesties elsewhere suggests D.C. will raise more, if not significantly more, during the two month program. […]
(Washington Business Journal) — A handful of Washington area businesses and individuals are among the more than 75 entities listed by Maryland and Virginia officials as being delinquent on tax bills. The list runs the gamut from a JJ Muggs, a closed restaurant in Alexandria, to King’s Kids Child Development Center in Capitol Heights. JJ […]