Thursday, June 07, 2012
Lauryn Hill could face prison time for not filing taxes
Eight-time Grammy winner Lauryn Hill has been charged with failing to file income tax returns for several years with the IRS,the U.S. attorney's office in New Jersey announced Today.Hill earned more than $1.6 million during 2005, 2006 and 2007, the three years that she failed to file returns, federal prosecutors said. Hill's primary source of income is royalties from the recording and film industries, prosecutors said. She also owns and operates four corporations: Creations Music Inc., Boogie Tours Inc., L.H. Productions 2001 Inc. and Studio 22 Inc. She is scheduled to appear before a federal magistrate on June 29. She could face a maximum penalty of a year in prison and $100,000 fine on each of the three charges.
Source: Huffington Post