Mathew Knowles, Beyonce‘s father, made a whole lot of money when he managed his daughter, everyone knows that. But what everyone didn’t know, was that he was not paying taxes on the money that he made.
Well, somebody knew, the federal government knew, because they slapped him with some serious liens for it. According to TMZ, the government wants back taxes from 2010 and 2011. In total they say Matthew Knowles Owes $1,213,580.84!
Since Beyonce is one of the highest paid acts of all times, it’s not shocking that he owes so much, as he was her manager. But what is sort of shocking is that he made so much off his daughter but didn’t handle his tax bill. We’re not saying he was the one with the checkbook though.
As we’ve stated before, often times celebrities etc, hire accountants that genuinely can not handle sums of money that high. Or they just flat skim money off the top of what they are accounting for and the celebrity has no idea what is going on until they are being called by Uncle Sam.
The reason this particular situation is surprising is that Matthew Knowles is known for being meticulous with just about everything he does. We figured he’d be micro-managing that too.
Oh well, we hope he figures it out. And we would be lying if we said we didn’t wonder if he was waiting for his super rich and powerful daughter Beyonce to swoop in and save the day. After all, she probably made 10 times what he owes dancing as just one of her former selves in that new Pepsi commercial. We’re just sayin!
[Editor’s Note] Calls to Kelly Rowland were not returned.
READ MORE HOT ENTERTAINMENT COVERAGE ON THEURBANDAILY.COM:
Beyonce’s Daddy Mathew Knowles Owes Over 1 Million in Taxes was originally published on theurbandaily.com
Stress Management Program | Register Today!
Shannon Sharpe Reveals “It Took A Lot” For Him Not To Put Hands On Skip Bayless Following ‘Undisputed’ Disrespect, Social Media Reacts
Rest In Power: Notable Black Folks Who We’ve Lost In 2023
Krayzie Bone ‘Fighting For His Life’ In LA Hospital, Per Report
Listen To The Steve Harvey Morning Show Live Right Here!
Shannon Sharpe Loses His Mind & Chugs Liquor After Brittany Renner Reveals Her Body Count, Social Media Reacts
When The Family Feuds: 10 Public Celebrity Sibling Beefs That Got Ugly
Monica Is Now A Blonde. And The Bombshell Looks Like She is Having Fun.