IRS ‘Froze’ My Accounts Attributable to Thousands and thousands in Owed Taxes

Kanye West lately claimed he owed thousands and thousands in taxes after the IRS put a maintain on 4 of his financial institution accounts.

The “Heartless” rapper, 45, alleged that his “finance individuals” advised him he wanted to “pay plenty of taxes” through the Monday, November 28, episode of the “Timcast IRL” podcast.

“I’m speaking about actually discovering out that they had been attempting to place me in jail this morning,” West stated. “However I discovered — OK, in order that they froze, they put a $75 million maintain on 4 of my accounts. After which they stated, ‘You owe plenty of taxes.’”

After sharing that it took him about “six hours” to determine how a lot “lots” was, the Yeezy designer shared that the overall amounted to “round $50 million.”

In the course of the episode, West admitted that he was “clearly not probably the most financially literate individual on the planet” and needed to ask “completely different CFOs” whether or not what he owed certified as “tax evasion.”

“So now I’m having — I get to truly learn to run an organization. I get to learn to, you recognize, to rely, actually,” he stated, explaining that he “stopped rising” as soon as he turned well-known at age 24. “It’s like I didn’t even know the place to place the cash.”

The information comes only a few days after the “Gold Digger” artist revealed his plans to run within the 2024 presidential election.

The “Stronger” crooner initially launched his marketing campaign by way of his newly resurrected Twitter account on November 24. West captioned a sequence of marketing campaign adverts with the hashtag “#Ye24.”

The Chicago native has been the topic of a number of controversies over the previous few months. In October, West made headlines after he wore a “White Lives Matter” shirt to his Paris Style Week present. Whereas a number of stars, together with Gigi Hadid, Hailey Bieber, Diddy and Vogue’s Gabriella Karefa-Johnson have since referred to as out West for his alternative, he has solely doubled down on his stance.

Weeks later, West wrote a number of antisemitic messages on Instagram and Twitter, through which he alleged that he needed to go “loss of life con 3” on Jews.

“I’ll say I’m sorry for the those that I damage with the ‘loss of life con’ 0,” the Grammy winner ultimately stated throughout an October interview on Piers Morgan Uncensored, although he added that he didn’t remorse the antisemitic remarks. “I really feel like I induced damage and confusion. And I’m sorry for the households of the those that had nothing to do with the trauma that I had been by way of, and that I used my platform the place you say damage individuals damage individuals. I used to be damage.”

West’s feedback have subsequently misplaced him multimillion-dollar model offers, with Adidas, Balenciaga, Hole, Vogue and CAA (Artistic Arts Company) all reducing ties.

On Tuesday, November 29, Us Weekly confirmed that West and ex-wife Kim Kardashian had settled their divorce after their preliminary cut up in February 2021.

In line with the paperwork, KKW Magnificence founder, 42, and the “Well-known” crooner will obtain joint custody with “equal entry” to their 4 kids: North, 9, Saint, 6, Chicago, 4, and Psalm, 3. The settlement additionally states that the musician pays the truth star $200,000 a month for baby help and is answerable for 50 p.c of their youngsters’ instructional and safety bills.

Final week, Rolling Stone revealed a report revealing that Yeezy staff had written an open letter to Adidas accusing West of mistreatment within the workplace and inappropriate actions towards staffers, and alleged that West beforehand confirmed bare footage of his then-wife to individuals on the firm. 

West has continuously mentioned the challenges of coparenting. In September, he claimed he needed to “scream” about what his youngsters had been “carrying.”

“I do have a voice, however I needed to struggle for it,” he stated throughout an look on Good Morning America. “That hurts you when you need to scream about what your youngsters are carrying. It was all a disregard for one thing I co-created. I co-created the youngsters.”

The Skims founder, nevertheless, slammed her ex in February for his “fixed assaults on me in interviews and on social media.”

“Divorce is tough sufficient on our kids and Kanye’s obsession with attempting to manage and manipulate our scenario so negatively and publicly is simply inflicting additional ache for all,” Kardashian wrote by way of Instagram on the time.