According to reports, the legendary singer is being accused of refusing to pay $125k in back state taxes, just two two years after a judge discharged her massive $10 million debt in her second bankruptcy case.
Official records filed in California on August 17th show that the state filed a tax lien against the Braxton Family Values star, accusing her of failing to pay $124,316 in taxes. Braxton, who filed bankruptcy in 1996 and 2014, explained last year that she had to file for bankruptcy a second time due to the millions of dollars in debt related to her health problems that forced her to cancel a series of Las Vegas concerts.
The State of California will reportedly begin seizing Toni Braxton’s assets and property if she doesn’t settle the debt.
SOURCE: Jasmine Brand | PHOTO CREDIT: Getty
Unbreak My Timeline: Black Twitter Had The Best Reactions To Toni Braxton’s Biopic [PHOTOS]
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Anytime Pebbles is around, money is NOT to be made by anyone else. #ToniBraxtonMovie— Preston Mitchum, he/him (@PrestonMitchum) January 24, 2016
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L.A. Reid must hate Lifetime, they keep making movies about all the artist he stole from. #UnbreakmyHeart— 🧐 (@HaStyleTweets) January 24, 2016
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Read your contract before you sign. Have a lawyer read it. Have a financial professional read it. Have Jesus read it.... #UnbreakmyHeart— Nicole (@IHeart_Nicole) January 24, 2016