April 12th, 2012 by faye
Singer-songwriter Montell Jordan has responded to the reports about the tax lien filed against him after he failed to pay his taxes. Montell says that he has already paid his $617,000 tax bill, claiming that it hasn’t made its way into the IRS yet.
Previous reports said that IRS filed a Federal Tax Lien against 43-year-old Montell Jordan, claiming that he owes $617,987.06 in back taxes from the years 1999-2001. According to the Federal Tax Lien, the government first filed a tax lien against him back in 2004. However, the singer hasn’t paid the taxes since, leading the authorities to refile it last month. Jordan’s total debt amounts to $627, 987.06 – and if he doesn’t settle his tax lien issues, the IRS can go after his property in court.
Meanwhile, Montell Jordan said that he paid his debt to the IRS years ago by selling his music catalog. However, the money’s been sitting frozen in an account administered by the U.S. Trustee Program, a division of the Department of Justice that oversees bankruptcy cases.
Montell Jordan filed for bankruptcy back in 2004, saying he is still disputing some of the IRS penalties he has incurred. Jordan expects the money to be released to the IRS in a few weeks when he settles negotiations over the penalties, at which point the case will be closed.
April 11th, 2012 by faye
R&B singer Montell Jordan is in debt of more than $600,000 in taxes to the IRS, this according to the reports.
The 43-year-old singer owes the IRS back taxes from the years 1999-2001. According to the Federal Tax Lien filed against Montell Jordan, the government first filed a tax lien against him back in 2004. However, the “This Is How We Do It” singer hasn’t paid the taxes since, leading the authorities to refile it last month. Jordan’s total debt amounts to $627, 987.06 – and if he doesn’t settle his tax lien issues, the IRS can go after his property in court.
The second R&B artist to sign with Def Jam Recordings, Montell Jordan has made one of 1995′s biggest hits with his debut single, “This Is How We Do It.” The Los Angeles native had begun singing in talent shows and church choirs as a boy, eventually moving to nightclubs while pursuing an education at Pepperdine University. Following his college graduation, Jordan spent seven years looking for a record deal, which he finally secured after meeting Paul Stewart, the president of PMP Records. Jordan and Stewart flew to New York, where Jordan sang for Russell Simmons and was promptly signed to a contract
As of 2010, Montell Jordan has left the music business to become the worship leader at Victory World Church in Atlanta. He has been married to Kristin since June 1994. The couple have three children and are expecting the fourth in May 2012.