Record-Breaking IRS Estate Tax Payment Reveals Late Texas Billionaire Was Way Richer Than Anyone Knew

Record-Breaking IRS Estate Tax Payment Reveals Late Texas Billionaire Was Way Richer Than Anyone Knew

Prior to February 28, 2023, the largest estate tax payment that had ever been paid to the IRS was a $1 billion payment made in January 2017. Considering the fact that most millionaires and billionaires […]

Michael Jackson’s Mother And Kids’ Trust Cannot Be Funded Amid IRS Dispute

Michael Jackson in concert at Wembley performing in front of HRH Diana Princess of Wales on 16th July 1988

The late King of Pop, Michael Jackson‘s estate, is still embroiled in a tax dispute with the IRS that has yet to be settled. According to court documents obtained by The Blast, the singer’s mother, Katherine […]

Beyoncé Disputes IRS Claim She Owes $2.7 Million in Unpaid Taxes, Penalties

Beyoncé Disputes IRS Claim She Owes $2.7 Million in Unpaid Taxes, Penalties

Beyoncé filed a petition last week challenging an IRS claim that she owes $2.7 million in unpaid taxes and penalties.  According to the Notice of Deficiency, obtained by Forbes, Beyoncé owes $805,850 for 2018, along with $161,170 in penalties. […]