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Terrence Howard’s Gotta Pay Nearly $1 Million in Back Taxes

March 5, 2024
in Celebrity
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Terrence Howard – Depositphotos

*Terrence Howard, most likely greatest identified for his position in Fox’s “Empire” and flicks like “Hustle & Move” and “Iron Man,” has discovered himself in sizzling water with the IRS.

Final yr, the federal authorities filed a grievance towards Howard for allegedly owing tons of of 1000’s of {dollars} in again taxes.

The IRS claimed that Howard had not paid his taxes for 5 years, from 2010 to 2019, leading to a hefty invoice of $578,000. Regardless of a number of makes an attempt to contact him and resolve the difficulty, Howard failed to reply or seem in courtroom to defend himself.

In consequence, a federal decide lately dominated in favor of the IRS, ordering Howard to pay $903,114.72, studies TMZ. This quantity consists of the unpaid taxes, penalties, and curiosity accrued over time.

It’s unclear why Howard ignored the federal grievance and failed to handle the difficulty. Whereas he stays energetic on social media selling his tasks, he has not publicly commented on the tax evasion case.

Howard now faces the duty of repaying Uncle Sam a major sum of cash, which may have critical penalties if left unresolved.

It serves as a stark reminder that even celebrities aren’t exempt from their monetary obligations to the federal government.

Umm, err, inform that to Donald Trump.

MORE NEWS ON EURWEB: Cam Newton Takes Accountability and Expresses Regret for Scuffle At Youth Soccer Camp | WATCH

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