Snoop Settles Up
The Tax Watchdog blog is reporting that Snoop Dogg has fully paid his $476,338 IRS bill. A lien reflecting that amount was originally filed by the IRS in December 2008. Typically, the IRS does not release a lien until after the liabilities associated with the lien are fully satisfied. Snoop should also request that the lien be withdrawn. A lien withdrawal actually removes the lien from the taxpayer’s credit history.
Unfortunately, some other battles between hip hop artists and the IRS don’t have the same fairy-tale ending. See Ja Rule.