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Old 08-05-2010, 01:35 AM   #1
Rnlvifov

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Default IRS Hits Wyclef With $2.1 Million In Tax Liens
http://www.thesmokinggun.com/documen...lion-tax-liens

IRS Hits Wyclef With $2.1 Million In Tax Liens

Presumed Haitian presidential candidate owes for 1040 returns


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Wyclef Jean IRS Lienshttp://www.thesmokinggun.com/file/wyclef-jean-irs-liens?page=0

AUGUST 4--Wyclef Jean, who appears ready to announce his candidacy for Haiti’s presidency, owes the Internal Revenue Service more than $2.1 million, according to federal tax liens filed against the musician, The Smoking Gun has learned.

In May, the IRS filed a $724,332 tax lien against Jean. Last July, the agency filed a $599,167 lien against the performer. And a $792,269 lien was lodged against Jean in July 2007. The liens cover taxes due on Jean’s individual 1040 returns for 2006, 2007 and 2008. Copies of the liens, which were filed at the Bergen County clerk’s office in New Jersey, can be viewed at left.

In 1998, Jean--whose given name is Nel Wyclef Jean--purchased a $1.85 million home at 8 Cameron Road in Saddle River, where he lives with his wife Claudinette and their family. The three IRS liens were filed against Nel W. Jean at the Cameron Road address.

Other records show that Jean, 37, has previously been the subject of two smaller tax liens filed against him by the State of New Jersey and the New York State Tax Commission, both of which were eventually satisfied.

Following the Haitian earthquake, TSG reported on Jean’s questionable handling of the finances of his charitable foundation. Along with filing tax returns years late, Jean used his foundation to pay himself and a business partner more than $410,000 for rent, production services, and Jean's appearance at a benefit concert.
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Old 08-05-2010, 02:04 AM   #2
heennaRaf

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Sounds like he needs a better accountant and that he'll settle it up quickly, just like he has in the past. Perhaps a nice Republican will show him how to hide his money in offshore shell companies rather than actually pay his tax obligations.
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