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Toph Reflects on Annual Trips With Ashley — Sans Kids! Transformative Tech for Top Leads Toph Wins an 80% Cut in Couple’s Tax Bill Ashley’s Corner: The Great Pre-Christmas Purge Creamy Thai Carrot and Sweet Potato Soup Lil’ Kim Settles the Latest Tax Lien
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THE QUEEN OF RAP PAYS OFF THE IRS — AGAIN TOPH’S TAX NIGHTMARES
Recording artist Kimberly Jones, also known as the Queen of Rap, has fielded almost as many IRS tax liens as major music awards. Jones, whose stage names include Lil’ Kim and QueenBee, recently paid the IRS $150,775 to settle a lien the agency filed last May over taxes owed for 2022, according to records
obtained by In Touch Weekly, a celebrity news site. The lien was the latest in a long series of IRS enforcement actions against the pint-sized rapper, the recipient of 10 major music awards including a Grammy. The IRS previously hit Lil’ Kim with liens covering at least 11 years of back taxes. As of 2012, when she reportedly owed the IRS $1 million, a spokesperson told the news site TMZ that Jones had hired attorneys who were working “cooperatively and diligently” with the IRS to resolve the debt. Jones was still under water in 2018, when she sought Chapter 13 bankruptcy protection in New Jersey. In court filings, Jones said her IRS debt had mounted to $1.5 million. She reported assets totaling $2.57 million and liabilities of $4.08 million. Most of her debt was related to a $2 million mortgage on her seven-bedroom, 6,000-square-foot home in
New Jersey. She also reported owning a 2005 Bentley and a 2000 Mercedes Benz.
Jones later asked the court to dismiss her bankruptcy claims, saying she had worked out a loan modification with the bank to avoid foreclosure on her home. Her request was granted. Jones later reached an agreement with the IRS, leading to the release of tax liens totaling about $1 million, according to In Touch Weekly. In a career spanning nearly a quarter-century, Jones has sold more than 15 million albums and 30 million singles worldwide. Known for risk- taking and luxurious fashion choices, she lived on the streets of New York for a time as a teenager before rising to fame. As her talent for freestyle street rap became evident, she was drawn into the world of professional rappers by her friend Christopher Wallace, The Notorious B.I.G. The pair later made a gold record together.
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