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R&B diva Toni Braxton is neck deep in financial problems yet again. Braxton now faces a lien from the IRS, and her bankers are claiming she is behind in mortgage and loan payments.
Braxton is certainly no stranger to financial difficulties. About 10 years ago, the singer's money problems became tabloid news, when she owed $3.9 million to creditors and was forced to sell everything, even her Grammys, to pay off the debts.
Last year, she and her now-estranged husband, Keirston Lewis, were wanted by the state of California for allegedly owing nearly $80,000 in back taxes.
U.S. tax officials have now filed a lien against Braxton and Lewis for a reported $396,000 for the 2007 and 2008 tax years.
As if the award-winning singer didn't have enough going on with Uncle Sam hot on her trail, now news sources are stating that Braxton also owes $900,000 in loan payments and that bank officials are suing her for the money.
The buck seems to stop way too often for Braxton; she allegedly is also in default of her mortgage payments. Ironically, just six months ago, the 'Another Sad Love Song' songstress was on the verge of foreclosure on her California home.
Braxton has battled money and health issues over recent years and has always seemed to jump back on her feet.
Hopefully, she'lll be able to 'Breathe Again' and her debtors will give her more than 'Seven Whole Days' to get her act together.
Tick...tock.
Comments: (70)
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By: Jade on 4/06/2010 12:22PM
Why bring a Sister down really? Shame on you Ruthy! Usually money problems, could be linked to emotional issues. I tend to not balance my check book when things are out of hand in my life; emotionally.
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By: M. Alexander on 4/06/2010 9:25PM
Toni Braxton should know better by now ! When one is blessed to earn the amount of money that Braxton has earned, her number 1 priority should be protecting her money and making wise sound financial investments but apparently that isn't the case here because for the second time she's having money issues !
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By: Greg on 4/07/2010 1:37PM
Bringing a sister down?...lol Are you kidding? She needs to pay her taxes just like anyone else! Why do BW always want to over look BW when they get caught? But, rake a BM through the coals? Having money, and success sure didn't help her keep a man, but that's typical for the vast majority of BW...same old game! BW just can't either get a man, nor keep one! That's why men of any race is even borthering to get with them...no future!
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By: Barry on 4/07/2010 9:03PM
Why would a sister (Toni) bring herself down? This one is on Toni.
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By: carla ford on 4/06/2010 12:23PM
Damn Toni, sounds like you should've taken a crash course in money management YEARS ago. I was wondering why all of a sudden I'm seeing Toni pop up all over-she's trying to get that paper-and fast.
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By: carmen robles on 4/07/2010 7:29AM
that's funny but true..............
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By: Mimi on 4/07/2010 10:17PM
IF I AM NOT MISTAKEN, TONI HAD TO CANCEL HER GIG IN VEGAS BECAUSE SHE BECAME SICK. TONI ALSO HAS A SON WITH SPECIAL NEEDS.
THOSE OF YOU WHO ARE TALKING ABOUT TONI AND HER FINANCIAL SITUATION NEED TO MAKE SURE YOU TAKE CARE OF YOUR BUSINESS AND DON'T WORRY ABOUT TONI.
TONI HAS NOT ASKED ANY OF YOU TO PAY HER BILLS...SO ALL OF YOU COMPLAINING ABOUT HER ARE JUST UGLY, JEALOUS AND HATEFUL.
TONI'S BILLS ARE NOT YOUR BILLS...SO WHY DO YOU GIVE A DAMN IF SHE PAYS THEM OR NOT?
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By: Tonya on 4/06/2010 12:49PM
What is it with these celebrites not wanting to pay their taxes?
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By: walt on 4/06/2010 1:21PM
I think that some entertainers think that paying taxes is for the "working people" and not them. Although its a matter of responsibility, I kinda feel sorry for her. She's a talented artist and has had a phenominal career. Why can't this happen to the garbage, non singing artists and the no talent having rappers?? LOL
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By: ann on 4/07/2010 7:40AM
Yeah thats what I say. Do they not know they have to pay taxes on any earned income? Seems this kind of thing has happened to 50% of the stars. YOU GOTTA PAY JUST LIKE THE REST OF US WORKING CLASS STARS YOU ARENT EXEMPT FROM TAXES!!!!! They have financial managers handling their money why arent they taking out the taxes? Sounds like these starts need to open their eyes and start taking more of a interest in whats going on instead of spending so much.Oprah signs her own checks she is hands on with every dime and so is Bill Cosby.
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