Update: State Dept. of Revenue Seize Bow Wow’s mother’s store

Update:

It has been confirmed that Taste boutique in Atlantic Station was seized by the state department of revenue for non-payment of state taxes.

Taste is owned by Teresa Caldwell, mother of rapper Bow Wow, real name Shad Moss. I take no pleasure in writing this story. I know I sometimes poke fun at a lot of celebrities in what some may say is a malicious manner. But ultimately, our jobs as bloggers is to report celebrity news, negative and positive.

Due to the recession, the last five years has seen record increases in IRS levies and seizures, and the IRS has the entertainment community in its cross hairs. Rappers have bragged for years about their monetary wealth while showing off their flashy cars and expensive jewelry in music videos. Well now the IRS is listening and taking notes.

According to HipHop blog, the IRS has formed an “issue management team” with the goal of scrutinizing unclaimed tax money from athletes and entertainers. With the information they’ve collected, the IRS has cast a wide net and reeled in some big fish, such as Wesley Snipes, Young Buck, Wyclef Jean, Method Man, Foxy Brown (who owes almost a mil), Xibit, Fat Joe, and others.

Originally posted on Aug. 12, 2010, 7:09 pm:

Loyal reader Dalioness writes:

Hello Sandra…I have a piece of news for you that I’m not sure if you care to post or not but according to a friend of mine who works in the Atlantic Station area, Bow wow’s mom’s store in Atlantic Station had yellow police tape all around it saying it was closed due to Tax Liens…I guess she needs to win the lottery to pay her taxes!

Thanks, Dalioness

P.S. could you post some pics of Chiwetel Ejiofor in the morning wood section…Thanks

Calls to the store, which closes at 9pm, have gone unanswered. Hopefully this is not true, but just in case, I have someone heading over there right now to confirm.

misslexi21

sheesh why do people have such a hard time paying taxes when they make so much, well I don’t know about her case but still if you don’t pay THE TAX MAN COMETH
Ebony
T.Y’z Cha Cha

Chiwetelu Umeadi Ejiofor MMMM HMMMM Loved him in the movie with Tyrese, Mark Wahlberg, Andre 3000 and them. Was it called Brothers?
Ebony

Chiwetelu is fine as Fu@k
Anna

I guess she needs to win the lottery to pay her taxes!
~~~~~~~~~~
LOL. Does everyone own a Boutique?
https://www.createspace.com/3393054 iscream

Guess she needs to do like Kandi and get a stripper pole and give some lessons in the boutique.
Al-Ameera

How many times to I have to say it, there is NO escaping the IRS! Geez get over it already!

And yes I agree, Chiwetel is fine. My husband and I ran into him on 5th ave in the Ferragamo Store. Mmmm, oh he was really nice too, and tall. I wanted to take a pic but my husband GTFOH. LOL

Anyway, did you know he was Nigerian?
Daisy

As someone who is currently paying back the IRS I wont say to much about that but her store is overpriced and she doesnt have any cute clothes to me.
FreeToSpeakUp

So Sandra…you’re just going to ignore my email< guess you didn't sense the urgency?
Candi Apple

Bow Wow you gotta help your momma out. What she wasn’t keeping her books?what is the problem with these people?

Damn, I does appear as if everybody has a boutique. The need to invest in vidda vida vegamin water. Think outside the normal celebrity bullcrap.
OutsidetheBox

I agree Daisy…sort of…it is very easy “to owe” Uncle Sam taxes…

Internet shooping? Sending it to your home state (from another)requires you to fill out a form AND pay the taxes that would be collected had it been bought in your state… :/

Not everyone agrees with the tax man but they will make you pay for not agreeing. Its one of the world’s greatest monopolies.
Candi Apple

Correction

It does appear

They need to invest
OutsidetheBox

Ohhh chit @Free. I hope youre well, E-sister! Miss you!
FreeToSpeakUp

OTB, what in the HAYUL you doing on here late night?!?!?!?!?!
OutsidetheBox

I did not know he was Nigerian! @Al-

Just saw him in Salt. He has a husband face.
FreeToSpeakUp

Miss you too boo< working hard for the dollar ya dig I saw ya'll had it going on with big lip Tasia yesterday
OutsidetheBox

Damn! I cant pop in????

I cant get my fix cause its night? I smoke my best chit at night!
OutsidetheBox

Chit me too! Im at work!

But i do log on from home at night too. Most times its quiet and they are not as chatty as the daytime folks…or maybe im too chatty.
FreeToSpeakUp

Yall kidding about the Chiwe dude right
Candi Apple

LOL I said the same thing… Not that hot
FreeToSpeakUp

OutsidetheBox says:

Damn! I cant pop in????

I cant get my fix cause its night? I smoke my best chit at night!

—————————————–

I almost dropped my dayum computer, you stooopid! You putting in overtime?

BTW, you’re the real culprit for that daytime drama
Daisy

@OTB Was Salt good? I owe because I cashed out a 401K plan and didnt pay taxes #OUCH
FreeToSpeakUp

Candi, I thought I was bout some shumthin I ain’t never seen before

#fail and #disappointed
Candi Apple

Never once did I think damn boo.
FreeToSpeakUp

Show me Michael Vick (minus the herpe), Columbus Short (at 6 feet), Gucci Mane (w/no stomach), C-Murder(before he was a killer)
Candi Apple
OutsidetheBox

@Daisy I liked Salt but I like those kind of agent/FBI-chase type movies…if you do you will really like it.

@Free…not OT my lazy ass dont get here till 10:30ish and be trying to leave at 5:30… which translates into not enough time for my projects. Forgive my late reply… I was in the other post responding to an asinine assertion.

“BTW, you’re the real culprit for that daytime drama” You like the way i ask them leading questions huh?
OutsidetheBox

Show me Michael Vick (minus the herpe), Columbus Short (at 6 feet), Gucci Mane (w/no stomach), C-Murder(before he was a killer)

Columbo could get it short. And I said husband face for the Nigerian. You know when you mature you start looking past that chit LOL but for real he has a “nerd” swag that I love!
http://mylifeinthesun782.blogspot.com Ms. Everything

I know from seeing my parents go through it entertainers being self employed often have a hard time paying taxes not because they don’t have it just because its a lot easier paying your taxes when you have someone taking the bulk out of your paycheck. They don’t have that luxury so its easy to forget, calculate wrong, say you’ll pay at year end and get hit with a huge amount, they don’t always have accurate records there’s a long list. Not to mention that most are rich but not business minded at all and so many hire accountants that aren’t properly handling business, the celeb doesn’t think about checking up on them and its the star that gets screwed in the end. Its sad but happens to everyone from small time entertainers to the big ones. Bow Wow’s mom hopefully it can be fixed easily but the same goes for small business owners who may not have a full staff to double check and make sure these things are done. Plus a lien doesn’t mean she hasn’t paid any taxes, it could simply be a small portion she hasn’t paid that they are going after. The IRS does not pay whether its $20 or $20 million
FreeToSpeakUp

@ OTB

As long as I can keep the blame on you. I was ROLLING yesterday with you calling “Twan” #priceless
OutsidetheBox

Girl soon as I saw that number SMH I already knew!

He betta sit down somewhere with that! I’ont even know why ppl try to cheat anymore. For real.
FreeToSpeakUp

@ Candi & OTB

I understand all that maturity stuff, but Olewaley just don’t make the cut. So sorry My line is perfect in MY book (Master P voice) Uhhhhhhhhhhhhhhhhhnnnnnnnnnnnnnnnnnnnnnnnn
http://mylifeinthesun782.blogspot.com Ms. Everything

Play not pay lol
FreeToSpeakUp

@ OTB

I had tears in my eyes. Er’body was on a roll, I was just too busy to double dutch that convo
Candi Apple

I don’t see this happening to the smoke shops (Arabs), Grocery stores (Spanish), chicken spots (mixed), Pizza shops (italian), Chinese resturants (chinese), nor even the many 10 dollar discount stores. No excuses Shad’s Momma (black) Do Better
Candi Apple

yeah I called and left one of my enemies numbers for him to call back. I said I was beyonce. She post everything on face book but she has not said anything about him calling her.
OutsidetheBox

Candi you aint chit!
FreeToSpeakUp

@ Candi
Fabulous City

Al-Ameera says:

Anyway, did you know he was Nigerian?

August 12, 2010 at 7:40 pm
———————————
his name says it all: 100% Nigerain. I used to stalk him and met him once in the UK. Him and Clive Owen are my british crushes….
FreeToSpeakUp

@ Candi

You have a point. Sometimes the blacks aren’t business oriented. If there are other races, there’s a small ratio.
Fabulous City

FreeToSpeakUp says:

Show me Michael Vick (minus the herpe), Columbus Short (at 6 feet), Gucci Mane (w/no stomach), C-Murder(before he was a killer)
————————
http://mylifeinthesun782.blogspot.com Ms. Everything

It isn’t just blacks with tax problems unfortunately when it comes to blacks many weren’t brought yp to be as discerning and on top of their financial affairs especially those that didn’t come from much. But tax problems haunt all races in the entertainment industry and elsewhere. It is not just a black thing
OutsidetheBox

Yeah all the stuffs moms taught, finance was not one of them. I had to learn the good old fashioned “free” credit cards in college way. :/
kwall

I had to log BACK in JUSSSST to comment on Chiwetelu….I watched that daggone movie “Talk to Me” like 50-11 times to see his FINE AZZ…

Oh and Teresa….pay your taxes mama.
FreeToSpeakUp

I am so glad my parents gave me the attention I needed in my youth because as an adult I do not crave attention from anyone, especially from strangers. I love myself therefore I am happy in my skin and thoughts. I become wiser as age and with time I collaborate experiences in my life which support my opinions.

#miseryalwayslovescompany

Love,

FreeToSpeakUp
kwall

C-Murder(before he was a killer)
——————————————-
girl YESSSSSSSSSS. peep my views on southern rappers from earlier today. folks be tambout how monica LOVES her a thug but corey is fine TO ME…not mad at her about him…

*you and kijafa or whatever her name is can KEEP ron mexico (vick) ANNNNND his gatdayum “gift”…
OutsidetheBox

Free sit cho bougie self down! Ole cul-de-sac living ass!

Thats it! Im going home. Oh chit….Project Runway at 9. Im finna be speedingggggggggggggg *Rick Ross voice*
Daisy

Not this BS again
OutsidetheBox

One more for you:
FreeToSpeakUp

@ OTB

Your parents never taught you to save or manage your money? I’m sure they did but out of your own independence you decided to spend your money how YOU wanted. My family was not rich but far from broke and I was taught how important your credit is, saving money and managing money. Right now I teach my daugther the value of a dollar. In high school, money management is taught, learning to bookkeep, write checks, understanding bank statements
http://mylifeinthesun782.blogspot.com Ms. Everything

Sigh… it just doesn’t stop and Lord knows I’m not in the mood. Grow up and stop making something out of nothing

#somewomenstuckinhighschoolmentality
#peopleneedtolearnwhentogiveitupalready
FreeToSpeakUp

@ Kwall

But Mike is fine, I said minus that “gift”
ricanlbc

Lots of new peeps on here…must have opened registration.
FreeToSpeakUp

@ OTB

Drive safe boo boo Oh and takes one to know one valley girl!
Candi Apple

FreeToSpeakUp says:

@ Candi

You have a point. Sometimes the blacks aren’t business oriented. If there are . August 12, 2010 at 8:32 pm
__________________________________________
Candi Apple

Free
If there are other races, there’s a small ratio
August 12, 2010 at 8:32 pm

___________________________________

Doing it again hopes it works out better
kwall

Right now I teach my daugther the value of a dollar. In high school, money management is taught, learning to bookkeep, write checks, understanding bank statements
———————————————-
somebody PLEASE teach my 15 yo this ish. i been trying but THAT lil heffa gonna have bad credit by 19…18.5! will have a pocket FULL of money and spend hers, her daddy’s (his fault), her stepmomma’s (her fault too…) AND both of her grandma’s. then try to return back HERE broke. i left her lil azz at home just as PLAIN on tax free last weekend. tole her “I BEEN saving mine…while you been plotting on it. BYE!” sat her lil broke self right on up in here with her hair done, fiyah outfit on…no money to go play. her grandmother felt pity on her lil money grubby azz…i was FRESH OUT!
Candi Apple

trying to make my bold magically appear. I did something wrong the last time the entire sentence disappeared
FreeToSpeakUp

@ Kwall

I believe you have to start it out early. I admit at times I want to buy her certain she doesn’t need. I feel like I work hard so I play hard. I sit my daughter down and tell her the difference between wants and needs now and she’ll be 8
kwall

girl @59…I been trying to teach this lil miscreant azz gal about the value of a dollar FOREVER…prollem was and still IS…she is spoiled! she was my only for 10 years…and is her daddy’s oldest…doesn’t help that my sister, his sister, and again both sets of grands…will spend their LAST on her. i mean their LAST. her granddaddy tambout he drove to her school and gave her his LUNCH money for the week b/c she called and said she needed it…WHY this girl TOOK his lunch money plus some she had been hoarding…and bought a pair of coach sneakers with the money! your granddaddy gonna LOSE FIVE pounds this week and you WEARIN that man lunch money on your FEET! and i wanted to DIE when he called to apologize that it “wasn’t more”…i was HAWT! i did not even have the heart to tell him what the $$ bought…but she will get on the phone and call down the line til she get it.
Lovely One

“IRS has formed an “issue management team” with the goal of scrutinizing unclaimed tax money from athletes and entertainers.”

I really hope this is not true. If so, this gets a huge side eye from me. I guess the Pres evens out the coke vs crack jail time and the govt finds another way to target minorities.
OutsidetheBox

damn kwall!!!! Yo baby ain’t chit! I think I love her! My teen is like that cause she was “sickly” 2pds at birth. Heifer overweight like Heifer (ren &stimpy) and dint but shiat but snacks. She got all the good chit.

@Free hail no! I mean they said money don’t grow on trees but that’s it. They spoiled me..messed me up but them cards learned me real quick!

Ontopic: damn, Teresa. Pay them folks so AHA can give them folks some HUD.
lexdiamonz

is it true that Chiwetelu Umeadi Ejiofor is marrying some chick from ATL that he got knocked up last year? sandra spill the tea
http://www.twitter.com/simply_tash simply_tash

This is not a good look at all… specially as Bow wow has a movie coming out next week!
http://www.youtube.com/watch?v=tKKxPtP6XjQ renegadesince1985

“IRS has formed an “issue management team” with the goal of scrutinizing unclaimed tax money from athletes and entertainers.”

I really hope this is not true. If so, this gets a huge side eye from me. I guess the Pres evens out the coke vs crack jail time and the govt finds another way to target minorities.
_________________________________________________________________________

I don’t think it has anything to do with race…Last time I checked, all athletes and entertainers weren’t minorities…That being said, those people earn millions of dollars every year and are notorious for not paying up. I get taxes taken out of my check before I even see it…they don’t. If I gotta pay then these rich bastards need to pay up! The country is in a recession so they need to collect from these wealthy people and stop harassing the people that truly don’t have it.

I especially hope they go in on the rappers…buying million dollar homes, driving $500,000 cars and chit….talkin bout you got this and that….
cheeks8683

Well if my memory serves correctly if you are self-employed you have to pay your taxes quarterly…Did they have to put up the CSI crime tape tho? Man I bet she will have a bomb liquidation sale going on, I heard they have the best candles…
MsShayinGA

Just read Ms. Teresa’s twitter comment about the situation and she said

“Ppl please make sure u pay close attention to who’s handling ur books and ur business. Because I didn’t. Thanks for all the positive energy”

She went on to say she is always making sure others are straight and this is a lesson learned.

As always, another case of letting others take care of your business and the client not being aware of the dealings. HAVENT PEOPLE LEARNED FROM OPRAH?? She has time and time again said to write your own checks and to handle your own business affairs. Why arent folks getting the memo??
http://youtube.com/hushvisionfilms BK2ATLMAN

See everyone is not business savy, she probably either put up the money or got someone to put the money up for the business and partnered with her friend and let the friend run it.. People if you got the money make sure to hire you a consultant for the first 6 months to help you get your shit right… And worst is there a lien and the business is only a few months old?
danjas

well how long has the place been open?
lexdiamonz

celebs just putting their name on ish and not doing the legwork serves her right bow wow mamma
aqtpie

Well dayum, hopefully she gets everything straightened out!
http://www.747DesignGroup.com ATL_Reese

Just because people have money, that doesnt make them smart.. Lots of these people put their trust into other people to manage their money and accounts, and you never know who is spending who’s money.. We see it all the time, so this isnt new……