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Lil Wayne Pays Off Million Dollar Tax Debt

(theBoombox)


04:33:30PM (ET) Monday,February 7,2011.

While other rappers just can't seem to stay out of trouble with Uncle Sam, Lil Wayne is doing the opposite. The Young Money CEO, reportedly paid off his over $1.13 million tax lien originally filed in June of last year. According to the documents, Weezy cleared up the debt last November, and is listed as a self-employed small business owner in Miami.

Last year, the IRS filed a $1,138,760 million dollar lien in Dade County, Fla., against the New Orleans native's charity One Family Foundation. Wayne was accused of skipping out on taxes in 2004, 2005 and 2007. Unfortunately, Wayne is no stranger to failing to pay taxes, in 2008 the IRS filed a $977,840 lien against the 28-year-old, which he paid off that same year.

Now that his finances are back in order, the rapper can continue to focus his energy on his career. Wayne is said to be releasing his 'The Carter IV' album sometime this year and will head out on his I Am Still Music tour on March 18. Fans have already showed up in droves to support his official return to the stage selling out one venue in as little as 30 minutes.


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