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Models pose during Kanye West Yeezy Season 3 on February 11, 2016 in New York City.

Lil Kim Reportedly Hit With Federal Tax For $188,000

After filing for bankruptcy in May, Lil Kim has been hit with a federal tax lien of $188,000, Bossip reports. A document obtained by the publication states that the lien stems from income Kim acquired in the 2006 tax year. The barcode on the document is dated April 30, 2018.

When Kim filed for bankruptcy, TMZ reported that the rapper had already incurred $1,845,451.74 in unpaid taxes. She also is said to owe $2 million on a loan for her New Jersey home and $186,000 in legal bills.

Kim has remained optimistic throughout her money troubles. She shared some advice to fans in an Instagram Live video shortly after reports of her bankruptcy surfaced: “If you’re God’s child, you can’t be touched, boo!” The rapper is reportedly offering to pay $5,500 a month to a creditor in order to settle her debts.

After being sporadically active in music over the past few years, Kim is preparing a new album — her first since 2005’s The Naked Truth — for release in 2018. She recently released “Spicy,” a new single with fellow Brooklyn rapper Fabolous. In a recent interview with Entertainment Tonight, she was very much herself as she continued her feud with Nicki Minaj, insisting she had no idea who the rapper was while praising Cardi B.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Hotnewhiphop

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