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A1000MILES;4636299 said:^^^Well erbody can't stab a nigga in the club and get away with it...
A1000MILES;4636299 said:^^^Well erbody can't stab a nigga in the club and get away with it...
Kushington;4636318 said:A1000MILES;4636299 said:^^^Well erbody can't stab a nigga in the club and get away with it...
if jay was stupid he coulda made just as many bad decisions as anybody
"you are now looking at one smart black boy...mama aint raise no fool...put me anywhere on gods green earth, ill triple my worth"
Gooner;4636343 said:this shit is sad
black caesar;4635064 said:Man i hope this is a lesson to everyone out there. The IRS is not playing with ya'll. PAY YOUR TAXES. You're not beating the government at this. Ask Wesley Snipes, and Ron Isley about that.
loch121 said:Beanie Sigel is headed back to the big house. The Broad Street Bully was sentenced to two years in prison on Thursday (July 12) after he pleaded guilty to failing to file federal income tax returns.
According to Philadelphia's local Fox affiliate, the former Roc-A-Fella rapper is scheduled to report to prison on September 12. Sigel failed to pay more than $728,000 in federal income taxes, reports say. It is estimated that the 38-year-old Philly MC, whose real name is Dwight Grant, earned more than $3 million between 1999 and 2005, but only paid $10,000 in taxes. Things could have been worse for Beans as he was facing up to three years in prison.
http://www.mtv.com/news/articles/1689470/beanie-sigel-prison-sentence-taxes.jhtml
mrrealone;4636796 said:D@mn!
I hope this passes quick for him. I was just jammin a new mixtape from him a couple of days ago too....
usmarin3;4637264 said:BEANS got the same opportunity as Cam, Cam ran with his opportunity and milked the shit for all it was worth.
Sion.;4636548 said:Gen. Stasia;4634894 said:"Nothing in the World is worst than wasted Talent" - Robert Dinero
mostvigorousone;4635990 said:Didnt kelis just get hit up for taxes? Why is this all happening around the same time?
Turfaholic;4634951 said:Damn. These niggas needa start hiring accountants or get 1 as apart of they contracts
It really isn't his fault tho.... when you're signed to a label your an asset of the company and you're in debted to them. A lot of the times execs, ARs, etc. charge shit to the artist (asset) like parties, shows, jewellry, marketing dollars (especially if the album flop to save the label money and their own reputations at the expense of the artist SMH), kinda like if you have a business, you charge certain things to the assets and write those assets off to offset losses (a little more complex but you get the idea). That's why you see all these artists getting hemmed up with these tax issues. The IRS can't tell the difference, how Lauryn Hill aint drop no album in what a decade ? End up owing millions in taxes ?? Think about it.
It's not his fault, whoever was in charge of promoting his projects and helping his career at the time when these fees accumulated is an asshole for that shit and should be the one sitting in a can. Crazy how this isn't illegal - yet. This is another example of why rappers need to find good financial advisors and lawyers they can trust - not these bogus ass "HipHop lawyers" or "HipHop financial advisors" SMFH..... Beans can't do shit about it, he spent his life being an enforcer for niggas and just like an enforcer he ended up being the "cat's paws" for someone else's fuck ups.
Sad...... God Beanie Sigel did not deserve this.
Turfaholic;4637278 said:usmarin3;4637264 said:BEANS got the same opportunity as Cam, Cam ran with his opportunity and milked the shit for all it was worth.
nah, Cam was already in the business before Beans. So he was a little bit more educated about the shit.