According to AllHipHop.com, in 2007 the IRS created an “issue management team” to track unclaimed tax money from athletes and entertainers. The team is also investigating a number of record labels and artists, who ran money through their non-profits for commercial gains.

“A few years ago, they concluded that athlete and entertainer taxes might be escaping their radar. So they reinstated a division to only deal with this area,” said Bill Zysblat of the global touring/accounting company RZO Productions.

A number of rappers have fallen into tax troubles since
2007. Artists and executives like Suge Knight ($6 million), Nas ($3 million), DMX ($1.5 million), Lil Wayne ($1 million), Swizz Beatz ($645,000), Snoop Dogg ($598,000), Fat Joe ($140,000), Method Man ($40,000) and numerous others have had to account to the IRS in the past year alone.

History is no lie; pay now or you will pay later!

(Source)