Nobody likes tax season. In the United States, federal taxes are confusing and stressful. This is because tax accountancy companies like Intuit and H&R Block lobby the federal government to keep tax filing complicated so that you’ll continue to pay them to do your taxes for you.
However, contrary to popular belief, the Internal Revenue Service (IRS) is actually pretty reasonable if you mess up or file late. That is until you start owing them a lot of money which you continually refuse to pay what you owe. One method of punishment is through the filing of a tax lien. In short, this grants the government a legal claim to your property in order to settle your tax debt if you do not pay.
Lil Pump Issued Second Tax Lien Over $2M Tax Bill
That is exactly what has happened to Lil Pump. According to Radar Online, the rapper has been issued two tax liens over the past two months. Both liens relate to unpaid taxes over the last four years. Pump purportedly owes a hair under $1.95 million after paying just $90,000 in taxes since 2019. The vast majority of this bill comes from the $1.65 million in unpaid taxes for 2018. Furthermore, this number likely does not include his 2022 taxes, whose filing deadline was last week Pump’s reported net worth is somewhere in the region of $12 million.
However, the rapper seems unfazed by both his tax bill and the mounting efforts of the US government to get what they are owed. Pump has not released a statement regarding his tax bill. Furthermore, he is not trying to hide his earnings. He recently performed at Penn State University, who reportedly shelled out to bring him to the school. An Instagram post about the show asked which college he should visit next. Additionally, recent Instagram posts include trips to Thailand, claims he was going to drop “40k” at a strip club, and a post showing large piles of cash and jewelry. It’s unclear what the next step for the federal government will be. However, Lil Pump may soon be facing legal action over his unpaid bill.
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