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.
