Yolanda Adams’ IRS Issues

Posted on March 7th, 2008 - By Bossip Staff

Categories: News, Wesley Snipes

Posted by Bossip Staff

yolanda adams34

Yolanda Adams has her IRS game on Wesley Snipes status:

Houston gospel singer and radio host Yolanda Adams is under investigation by the Internal Revenue Service. The agency has asked a federal judge to force the entertainer to turn over documents after she failed to show up for an appointment last month to explain her financial affairs. The agency is trying to determine her tax liability and how to collect on the debt. According to filings in Houston federal court, the IRS probe stems from two million-dollar mortgage loan applications. A 2005 Ocwen application said Adams earned $40,000 a month and listed $8 million in assets — including an $800,000 trust account, $4.9 million in other personal holdings and jewelry worth $1.5 million. That document said she owned a Lexus and a Hummer. A subsequent Chase home loan application listed $3 million in assets, including a business worth $1.5 million, a Mercedes-Benz and a Range Rover. She owns a home worth more than $2 million in Houston’s Royal Oaks Country Club subdivision.

The federal government has asked a judge to order Adams to appear with “records, papers or documents” or explain why she should not be forced to comply with the summons. They believe that somebody has either overreported deductions or underreported income. The IRS is not an agency that is easy to avoid. Generally, if they want information, you’re going to have to give it to them.”

She better not play with the IRS, they are serious about getting their paper.

Source

  • jojo

    Hey someone get Willie Nelson and Hammer on the phone and channel Sammy Davis Jr. and Redd Foxx to talk to this woman.

  • The Devil Is A Liar

    Now I know she’s going to get her an R&B album out soon because she gotta make some money to pay those bills. She’s such an opportunist.

  • I’m Just Me

    WOW!!!

    Everyone plays with their money thinking they can’t get caught

    FED GOV doesn’t care if you are famous or not….you will give them their pay!!

  • NotoriousOne

    DAAAYYUMMM, feeling her pain. Just started doing work on taxes this year and the IRS does NOT play!! The IRS WILL get they money! And they usually get theirs FIRST!

  • Rev.Mosley James Evans and the Piece Within Choir

    When it comes down to it we are all human. Just because you sing about your faith doesnt mean you follow all man made rules. It doesnt make her a bad person or a hypocrit, just another civilian trying to get over. I’ve never heard her sing a gopsel song about paying taxes or false finances.

  • Rev.Mosley James Evans and the Peace Within Choir

    Sorry choir I spell your name wrong in my last post. forgive me.

  • 6 Figgas aka Knotx

    Mo’ money, mo’ problems.

    YA is obviously a smart woman, but going MIA from an IRS meeting was like pourin’ gas on the fire. She’d better squad up her chips now…

  • mr mr

    don’t play with the IRS…

    in the immortal words of Ike Turner:

    “F$#k up today, you’ll be frying fish tomorrow.”

  • bree

    what is it with the Gospel Community and Taxes? all the money the congregation gives up to you and you still hesitate to pay taxes?..come one

  • bree

    on*

  • irritated by haters

    She is married to a retired professional athlete. Which would explain a large portion of her wealth. I’m shocked that this article doesn’t even mention her husband. Always a spin huh? Her wealth is not in any way unusual for the spouse of a professional athlete.

  • Cher

    Ok. So she told the bank that she had more money than what she did to get some house.

    HOW ABOUT THE IRS GO AFTER HILLIARY CLINTON! NOW SHE HAS SOMETHING TO HIDE.

  • pm

    Do you really think these people do their own taxes with that much money.. Her accountants made some mistakes that will be corrected after they they will be fired. She will beat the case like everyone else. What would she look like doing her own taxes on some damn turbo tax software or something lol

  • mjoylaw

    @ irritated by haters

    Arent’ they divorced? She’s divorced from her daughter’s father the athlete.

    Anyways, Yolanda’s been a servant; she’s been singing about the good news for a while now. That doesn’t mean she’s perfect or foolproof from making mistakes or having problems in her life.

    Most of the time artists are not all that savvy about their business and they trust in other people who then let them down or don’t do their job and that’s how they get in trouble.

    This probably all started from some crooked help..let’s give Yolanda the benefit of the doubt and pray for her and her daughter also. Have IRS problems is NO JOKE..just ask Ron Isley

  • NotoriousOne

    @ Cher…

    “HOW ABOUT THE IRS GO AFTER HILLIARY CLINTON! NOW SHE HAS SOMETHING TO HIDE.”

    Cause those shady a*s politicians know how to hide their money. It’s not that you hafta pay a grip in taxes if you got bank, it’s all about knowing how to minimize your money on paper! Trust, there is ways!

  • da darkness

    the irs better stay off of God’s people

  • vjhe

    Wow, I didn’t know she lived in Royal Oaks. I suppose that’s the hot spot for Houston celebs.

    Also, Obama should be more concerned about the Tony Rezko trial than Hillary’s finances. We’ve only seen the tip of the iceberg on that.

  • imrightdammit

    She’s gonna be leading the San Quintin Gospel Choir if she don’t stop playing. IRS is no joke. Why niccas gotta be greedy and try to get over? If you aren’t ridin’ dirty, you won’t have to keep looking over your shoulder.

  • Just Sit and Be Pretty

    I absolutely love Yolanda Adams so I hope it works out for her!!

  • Dolla Bill

    You can’t run or hide from the taxman..suckas! LOL

  • BellaY

    Oh please, its just not Gospel people who cheat. Remember Tammy Faye Bakker and her husband? Most ministers are liars and cheats. The government lets them live tax free so they can continue to spread lies to the masses.

  • Mr. Dee

    “HOW ABOUT THE IRS GO AFTER HILLIARY CLINTON! NOW SHE HAS SOMETHING TO HIDE.”

    the bottom line is most self employed black folk avoid taxes, ask yo homeboyy Ronald Isley, Jessie Jackson, and Jermain Dupree!!!

    they just made an exapple out of wesley casue the IRS KNEW he could have paid his tax debt but choose to blame his accountant….

    Don’t worry when Tony Rezko hit the witness stand this summer, Barack will be finished…casue he aint paid no taxes either…but I’m sure Oprah will let him hold a hot million….

  • Lu-Lou

    Say it ain’t so… Please pray for this Sista, I listen to her every morning!!! Lawd have mercy!

  • Crazy Ass Rodney

    The gott damn IRS…GO AWAY!!!

  • WHATEVA

    Yolanda is ballin! too bad she forgot to give the fed’s their cut, not a good move.

  • Wenzel Dashington

    Yolanda was living like one of those shady preachers.

  • kia the original

    lets just hope that this is just a misunderstanding. i have personally never bought a cd from her but i think that her message is uplifting. hopefully this will end up in good hands and that she beats this the right way and that all is continued to be good!!!

  • Trusted Source

    OH MY! I HOPE SHE CAN CLARIFY THE SITUATION. IMA KEEP QUITE UNTIL THE TRUTH PREVAILS. GOOD LUCK MA’AM!

  • I’ll BARACK ON w/ AnyObama!!

    Luv me some Yolanda. i really hope she survives this.

  • http://www.myspace.com/ro_tex Rotex

    I hope she survives this too. And i hope this is just a misunderstanding.

  • http://www.myspace.com/ro_tex Rotex

    I like her, and the fact she does gospel.

  • GD

    For those people who are judging and condemning her because she sings gospel, please…gimme a break. I don’t care how much gospel she sings, and how much God she knows, she still has one thing in common with you and I: she’s still human so please…gimme a break! SHE’S NOT PERFECT, she’s still a person. I know Yolanda won’t let this one downfall mess up her entire life, with all the money she’s earned throughout her career, I’m pretty sure she’ll hire the right people she needs to help her to get it together. We love Yolanda!

  • nique

    @da darkness

    The Bible tells us to “Give to Caesar what is Caesar’s, and to God what is God’s.” (Matthew 22:21). God’s people live in the world and we have to follow the laws that are in place just like everyone else, or pay the consequences. Being a Christian is not a tax break.

  • Lyn

    Cher

    Ok. So she told the bank that she had more money than what she did to get some house.

    ***ITA Cher***

    All Yolanda Adams did was try to get a nice home. I am sure that because of her status she probably bought a house big enough for her family and to accomodate her celebrity status which is understandable. $2million on a new home in an exclusive area is about what it takes these days.

    Ms. Adams “inflated” her assets which probably included a lot of secured and unsecured. I’m betting the vehicles are unpaid for or barely paid in full. The cash she listed could’ve been “float money” just to prove she had assets to back up a $2million loan.

    The US Govt and IRS piss me off always messing with the little folk. Damn Shame since 99% of the IRS executives and the FDIC, FEderal REserve, US Senate, Congress, and Telecom/Utilities conglomerates have run this country into a financial hell with their crooked arses.

  • lightskinblackwoman

    This sites confirms The mother of all races Eve was ( A Black Woman) as for Adam he may have been White because Black genes were dominant and White genes were recessive and that a recessive cannot produce a dominant.But Eve a (Black) mother of all races………………………… thats why we have different shades of races today…………………………………….because a white woman has Recessive Genes cant’ produce darker races and the black woman has the Dominant Genes that means the blacks have the strongest genes of all races…………. she can produce all skin tones………………Dominant

    im so proud to know the truth!!! we are the domiant geans black women god made us the first ones this is why black women have way more body extoic faces more skin tones then any body. adam was white. read it will tell you about black eve.

  • monie (in the middle)

    imrightdammit

    She’s gonna be leading the San Quintin Gospel Choir if she don’t stop playing. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

    LOL!!!

  • Sandra

    SMH .. as Christians we ought to be immune to all these materialistic possessions!

  • bree

    nique said..

    Being a Christian is not a tax break.

    ***********************

    but being Jewish is!

  • Laura

    pm- Some people really think that celebs do their own taxes. Looks like she may have had bad accountants. I am sure she will get it straight. You guys have hate for Christians but love for thugs.

  • Oh well, just follow the laws next time – unless you have Wesley Snipes as your lawyer, you gotta pay and even he had to pay …

    i love the irs [sarcasm here] they don’t care if you owe them $4.00 or $4,000,000 they come after EVERYONE!!!

  • Steeloz

    All this “she’s just human…man made laws” that str8 bullsh*t excuse for not being responsible. SOB’s that molest children are human, that don’t excuse the fact that they need their asses kicked, strung up and punished.

    A lot of “so-called negro christians in America”,got it twisted. This was greed.

  • http://www.gravatar.com 1TruDiva w/The PlatinumVocals! will be the guest speaker for WESSSIIIDDDDDEEEEE!

    Damn Yogi!

    They comin’ at you hard! I hope you get your sh*t in order girl!

    Dammit, I say—

    Dammit!

  • yolanda

    This to shall PASS

  • shawn

    i`m not surprised i have always said everytime you see a black person taking religion overboard, you have to look at him with suspicion, here is another proof

    those who say she`s human are just as stupid as she is

  • yes i said it

    the irs is a muthaf*ckin’ mob. to all those fake azz gangstaz out there yall ain’t nothin’ compared to the government.. them muthaf*ckaz will leave you azz naked, they don’t give 2 f*ckz as long as they have their money.

  • http://www.gravatar.com 1TruDiva w/The PlatinumVocals! will be the guest speaker for WESSSIIIDDDDDEEEEE!

    I think Yolanda (like many others in the industry) got caught up. She’s been around long before “The Battle is the Lord’s” yet people thought that she just stepped into the game.

    All of a sudden, the money’s comin’ at her—HARD! I think if she’d get some people involved in her finances that really have her best interests at heart then set up something with the IRS, she’ll be OK. It’s not too late!

    How many of us has gotten ” a small windfall” and lost our minds? I know I have–time and again. One good thing about common sense and intermingling material things is that–prayerfully we take care of our bidness first then let everything else fall into place. What’s the sense in me driving a Benz when I can’t afford the upkeep? Had to really think about that before I made the conscious decision to purchase one. That especially goes for the IRS and taxes ’cause Lord knows, Uncles Sam’s gonna get his cut!

    Lol!!!!!!!!!!!!!!!!!!!!!

  • http://www.gravatar.com 1TruDiva w/The PlatinumVocals! will be the guest speaker for WESSSIIIDDDDDEEEEE!

    Lol @ all the folks calling her out because of what she does.

    She sings, dammit! I can’t ever recall the sista ever askin’ anyone to give her money. The only difference between her and Alicia Keys is their style of music yet mufukkas is acting like she owe them rent! LMAO!!!!!!!!!!!!!!!

    I can think of far more people who solicit money from poor unsuspecting souls yet you wanna throw salt at Yogi!

    Creflo Dollar <—-the name says it all.

    Tammy Dollar <——his sidekick!

    Rev. Ike <—-damn near ’caused my Grandmother a 2nd mortgage with them red prayer cloths! Lol!!!!

    PLUS—- All the churches nowadays that sell their CD’s, books and sh*t at the end of the service!

    PULLEEEEZE!!!! You guys need more people! Lol!!!

  • http://www.gravatar.com 1TruDiva w/The PlatinumVocals! will be the guest speaker for WESSSIIIDDDDDEEEEE!

    @ GD–

    Let ‘em have it! Lol!!!!!

    You reppin’ my girl!!!!!!!!

    LMAO!!!!!!!!!!!!!!!!!!!!

  • http://www.gravatar.com 1TruDiva w/The PlatinumVocals! will be the guest speaker for WESSSIIIDDDDDEEEEE!

    @ GD–

    You ain;t never lied! I clown some folks but people like Yolanda isn’t one of them. I’ve had the opportunity perform with her on several occassions and I have nothing but love for the sista! She’s down-to-earth, not pretentuous and some of the other negative things that perfomers seem to gravitate to once the fame hits ‘em. Lol!!!

    I say–Keep ya head up Yogi! It’ll work out!

  • joy

    I like her. Many celebrities also think she is talented. I learned her blog is very hot at “wealthydater. com”. It’s a dating site for celebrities and wealthy people.

  • statim08

    You reap what you sow.

  • http://www.gravatar.com 1TruDiva w/The PlatinumVocals! will be the guest speaker for WESSSIIIDDDDDEEEEE!

    ^^^^^^^^^Huh?

    So I guess she reaping what’s possibly a bad business decision?

    Oh. OK. That explains it! I guess I’ll “reap what I sow” by continuing to give my African American brothas and sistas the chance to advance in the business world. I guess I’ll “reap what I sow when I see that one of ‘em is really not cut out for this yet continue to hold on to them ’cause they need a job–hoping for the best.

    Yup! Teach ‘em all the ends and outs but clutch my Longchamp close to my chest!

    Yeah, Yolanda! You’re reaping what you sow. Sorry ’bout those bad business decision by trusting someone with your money and all the other sh*t people don’t even know about you while steady throwin’ shade!

    SMH @ ignorance at it’s finest!

  • My Business

    Dawg I thought somebody was fighting and yall on here having Bible study! *********DEAD***********

  • http://www.gravatar.com 1TruDiva w/The PlatinumVocals! will be the guest speaker for WESSSIIIDDDDDEEEEE!

    GIRL–

    Ima ’bout to lose the little religion I got! Lol!!!

    How you doin’ tonight?

  • http://www.gravatar.com 1TruDiva w/The PlatinumVocals! will be the guest speaker for WESSSIIIDDDDDEEEEE!

    Why I just think about the “two pieces of chicken” and now I’m

    .

    .

    .

    .

    R…O…T…F…L…M…A…O???!!!!!!!!!!!

  • My Business

    @ 1Tru are you still in the house I had to leave and check my myspace and fry me some shrimp at the same time.

  • The Devil Is A Liar

    imrightdammit

    She’s gonna be leading the San Quintin Gospel Choir if she don’t stop playing. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

    LOL. This is an example as to why you have to know what your money is doing. “Make the money, don’t let the money make you.” — Diamond

  • The Devil Is A Liar

    Gospel singers should definitely be making money like rappers, but they should be spending it like rappers. The should be living in a smart manner and handling their business in an HONEST, professional way.

  • The Bear

    I can totally see her having the stack she listed on the mortgage application. What does Yolanda charge per concert appearance? $8000 to $10,000? I think more. If she only has 4 or 5 appearances a month thats $40 g’s per month right there and we all know she does more than 5 shows per month. Then there’s cd sales, Royalties, and she has a syndicated marning radio talk show.

    So I don’t think she overstated her assets on the mortgage application at all but I do pray that they can come up with a settlement that will allow her to keep most of her stacks.

  • The Bear

    Pls excuse the spelling… its early.

  • Lucy

    The bible says it’s easier for a camel to pass through the eye of a needle than it is for a rich man to get into heaven. these fake gospel people kill me!

  • Alexander O’Neal

    Dawg I thought somebody was fighting and yall on here having Bible study!

    ^^^^^^^^^^^^^^^^^^^^^^^^^

    lol, aint that the truth…

  • PIMP DADDY

    only god can judge me.

  • Joke

    what a joke! someone just her pictures to hot ones and then uploaded to the rich men seeking affairs club sugarcupid.com.. you know it is a rich men seeking sugar babies site.. so it says she is looking for a s*gar daddy! lol

  • TheLady

    *GOSSIPED

  • Sandie

    All she has to do is sell the 1.5 Million dollars worth of jewelry & pay them.

    I don’t feel sorry for her. She is, or was living like the sick prosperity pimping preachers. I mean, how in the world can you have One and a half MILLION DOLLARS in jewelry. That’s greed.

  • C

    WAKE UP!

    DON’T YOU RECOGNIZE THE ENEMY COMING INTO GOD’S TERRITORY. YOLUNDA’S LIFE HAS BLESSED AND IS STILL BLESSING MANY ALL ACROSS THIS NATION. DON’T YOU RECOGNIZE THE ENEMY DOESN’T LIKE THAT! SUPPORT HER, GIVE HER ADVICE, ASSIST HER IN CARING THE GOSPEL INTO HURTING LIVES. BUT DON’T DIS HER. SHE HAS A TRUE TALENT. YEAS, SHE IS HUMAN, I HOPE YOU ARE!!!!!!!!!!!!!!!!!!!!!!!!

blog comments powered by Disqus