“Playing with my money is like playing with my emotions”- The IRS
Beanie Sigel will be heading to court on Thursday, April 12th to receive a sentence related to charges of tax evasion:
The rapper could face up to three years in prison but his lawyer indicated at an earlier plea hearing that Sigel would call the government’s calculations of the taxes he owes into question.
The government filed three counts against the rapper in 2010 for failing to file taxes between 2003 and 2005 amounting to a total of at least $348,000 owed on Sigel’s taxable income of $1 million. Beanie Sigel pleaded guilty to the charges in August 2011 which might lend the rapper’s request to review the government’s estimates some leeway.
If Beanie Sigel is sentenced, a jail term could put his upcoming collaborative album with Scarface on hold. The two rappers recently revealed that they were working on an LP which will be called ‘Mac and Brad’ after their 2008 track of the same name which originally appeared on Beanie Sigel’s debut album ‘The Truth’ in 2000.
Poor thang! Just when things were starting to look up for Beans, he just signed a deal with EMI and has plans to drop a mixtape later in the year. Now he’s facing time and might actually become “State Property”. Where is Jay Z??? Dame Dash?? Freeway?