Rihanna in Trouble With the IRS ?
Rihanna may be in trouble with the IRS after the organization launched an investigation into her 2008-2010 tax returns. The singer is placing blame on her former accounting team.
The 24-year-old Barbadian pop star reportedly fired her accountants from Berdon accounting firm in 2010 and recently alleged that they defrauded her. A suit filed with the Manhattan federal court alleges that Rihanna lost revenues and profits amounting to "tens of millions of dollars."
Although Rihanna alleges that the Berdon firm made millions off of her "Last Girl on Earth" tour in 2009, the New York Post reported that the singer lost out on a great deal of money due to what she has alleged to be "gross mismanagement."
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From 2007 to 2010, the singer reportedly only received six percent of her touring income while the accounting firm received an alleged 23 percent. Although Rihanna ended her relationship with the firm two years ago, the singer still reportedly suffered from lasting results of their decision-making up until this past February.
The singer lost $2 million dollars in an eight-bedroom house that had "extensive damage from moisture and water intrusion," according to Rihanna's suit, the New York Post reported. Michael Mitnick, an accountant from Berdon, reportedly told Rihanna to purchase the home which "would be a good investment," the court documents alleges, according to the Post.
However, Mitnick reportedly failed to tell the singer about the specifics of her own financial system. Now that the IRS is auditing the singer, she is reportedly seeking unnamed damages from Berdon accountants Mitnick and Peter Gounis.
While the singer is sorting out her financial issues, she is also mourning the death of her grandmother, Clara "Dolly" Braithwaite who recently died after a battle with cancer.
"Goodbye Gran Gran Dolly," Rihanna tweeted to her late grandmother. "Get your beauty rest until I see you."
