By: Amanda Anderson-Niles
Beyonce says she owes a lot of her success as one of the world’s wealthiest entertainers to the hard work, business sense and resilience of her father Mathew Knowles. Although the former salesman quit his job to help Beyonce become a huge star, things between them have been rocky and eventually led to her dropping him as a manager. And things for Mathew have been hard ever since. Not only is he having baby mama drama thanks to an extramarital affair that led to him fathering a son outside of his marriage to Beyonce’s mom Tina Knowles, but he’s not making as much money as he was when he was managing one of the world’s biggest stars. And it’s being reported that he now has the IRS to worry about considering that he owes them millions in taxes. TMZ reports:
The Good News: Beyonce’s dad, Mathew Knowles, raked in BOATLOADS of cash during the years he managed B’s career … we’re talkin’ millions.
The Bad News: The IRS says he still owes all sorts of taxes on some of that income — over $1.2 MILLION.
Uncle Sam just filed a ridiculously large lien against Knowles, claiming he needs to cough up some cash from the years 2010 ($485,575.95) and 2011 ($728,004.89) … all totaled, $1,213,580.84.
Mathew Knowles may have tax problems to handle now and no Beyonce on his roster any longer, but he’s still taking a stab in the music industry by managing UK girl group From Above. He’s hoping the new girl group could be the next Destiny’s Child.
Matty you are not above the law pay them damn taxes!!! LOL
Karma. He shouldn’t cheated on his wife and destroyed his family. Pay up Mathew.
*shouldn’t have
Wow! That’s a lot of money to pay the IRS. I’m sure he wishes he still managed Beyonce. LOL.
Damn. That sucks.
You can’t f-ck with the IRS.
Uh oh.
Well his cell will be right next to the GREAT Miss Lauryn Hill!
Pay your taxes people!!!