MediaTakeOut.com learned that rapper Bow Wow is in a WORLD OF TROUBLE!!! The clothing store, which he owns with his mother, just got RAIDED by the IRS.
As the photo's show - the LAW ENFORCEMENT agents - physically seized property of the business - and rolled POLICE TAPE around it.
So why is this a problem. Well because BUSINESS DEBTS to the IRS generally transfer to the OWNERS of the business. As MediaTakeOut.com uncovered, bankruptcy generally WILL NOT protect you from IRS claims.
That means that the IRS debt - which was owed by the company - is now likely owed by Bow Wow and his mom.
Hey Angela Simmons, make sure you don't leave anything YOU LIKE over at your boyfriend's house. You know, just in case . . .
I KNEW LITTLE BOW WOW WAS A RASCAL!!! I NEVER LIKED HIS AZZ ANYWAYS SO THATS GOOD FOR HIM!
HIDE YA WIFE,HIDE YOUR GIRLFRIEND,HIDE YO EXGIRLFRIEND BECAUSE MIKE HARRIS IS SMASHIN ERBODY OUT HERE!! #justsayin
*** the lil homie stays losing. Too bad cuz all I do is win. Illest blogger on twitter so follow me
*** I was jus at his movie premier in hollywood o well lol
***! Told folks abt this yesterday... um um um. Sad times...
wow thats not a good look
Bow Wow has a business?
WHERE'S THAT LOTTERY TICKET WHEN YOU NEED IT BOW WIZZY. YOUNG MONEY CASH MONEY...
I MEAN NO MONEY
wow....i hope he pay them taxes...
ITS PROLLY HIS MOM'S BUSINESS.
THINK THE POLICE TAPE WAS A BIT MUCH THO.
FOLLOW ME ;)
So that's why dude went bakk to Angela, where da $$$$ at!!
gotta pay your dues.
Snizzle & *** Mike ARE STRAIGHT UP *** MEN IN ATL ....watch for the upcoming show.
THE REAL *** OF ATLANTA...
clothes wasn't cute anyways
(R3COGNiZ3 R3AL *** WH0 NOT!]
He should of invested his money into something productive like making a center of children to go to after school in Detroit or Atlanta. He wouldnt have IRS problems! Give back to the community.
Shii HAPPENS he goin come back and yall still goin shop there when u in the "A"
Add it BISHES
and get the TWITTER YA HEARD!!!!!!!!!!!!!!
HE CAN JUST SUE MTO FOR ALL THE STOOPID STORIES THEY PUT OUT ABOUT HIM..........
AND THEN PAY THE IRS BACK.......
OR JUST SET UP A DATE WITH HIS MOM AND RUSSELL .........I DUNNO
***! They After Black Folk Aint they?!!!!
Hmmm maybe he was using it for other things. What do they call those fake businesses folks set up to get out of paying the IRS or funneling money. Like a dummy business or something like that.
YOU OBVIOUSLY NEED A BETTER LAWYER!!!
Background checks exist for a reason. Never dive into a property with doing your homework...smh.
Good his clothes were some sh*t anyway all midget clothes for small n*ggas
Stay on top of your finances people!
Stupid people do stupid things. How in the hell does Boweezy think he can run a fortune 500 company if you can't run a tiny *** boutique the correct way? Lesson of the day: Jus cuz you a rapper dont mean you smart
First of all, Its not even Bow Wow's store, its just his moms. Bow Wow owns his
own store. I swear to god MTO need to fix there facts. and it was taxes, they aint
filing no law suit.
I never get happy over someone having money problems. It comes with life. But honestly his mom probably wasn't equipped mentally to run her own business. Just my opinion.
Have to pay Uncle Sam or they will come after you
I just don't understand how these celebrities always seem to fail at paying the gov't when it comes to their businesses when you see the lil mom & pops restuarants, corner stores, ets succeeding for years & years. SMDH...makes no sense....
MIKE HARRIS IS SEXY AS HELL..
BOW WOW WAS CUTE WHEN HIS HEAD MATCHED HIS BODY..BUT NOW NOT SO MUCH..LOL
FOLLOW ME AT twitter.com/justjaszie
Too Bad....Maybe Angela simmons will help him....Who knows..
IOOONO WHO THIS "OTHER" PERPETRATOR CLAIMING TO BE MIKE HARRIS IS, BUT I'M THE REAL MIKE HARRIS AN' I'MA TELL YA RIGHT NOW THAT I FCUCKED LIL' BOW-WOW BECAUSE HE'S ***, TOO! IN FACT, THAT WAS ME PUSHING IT IN HIM IN THAT VIDEO CLIP THAT WAS LEAKED ONTO THE INTERNET! YES, EVEN THOUGH I AM A "BOTTOM" MYSELF, I FCUCKED LIL' BOW-WOW UP THE *** BECAUSE HE CAME OVER MY HOUSE DRESSED UP AS HIS ALTER-EGO (LIL' MAMA) AND I COULDN'T HELP IT!!!! SO GET IT RIGHT, MTO......THE REAL MIKE HARRIS IS JUST AS SISSY AS THEY COME AND I LOVE BEING ***!!! I LOVE MENS, BOYZ AND SKINNY JEANS!!!! SKITTLES IS MY WAY OF LIFE! I JUST WANT MY SISTER, MINDY TO STOP TELLIN' OUR FAMILY BUSINESS ON HERE!! SO WHAT? WE REALLY ARE FLORIDA 'BAMAS....I JUST GOT THE GOLD TOOK OUT MY TEEF A COUPLE OF MONTHS AGO BECAUSE A BIG BRUTE OF A BOY TOLD ME I LOOKED COUNTRY WITH IT! SO I LET HIM TAKE IT OUT AND HE KEPT IT!! BUT NOT BEFORE HE SKEETED IN MY MOUTH TO ACT AS A LUBRICANT!!!!
MIKE HARRIS IS HERE AND ***!!
This is his mom's store! She should have paid the taxes! Not kow kow
thank you mto lol!!!!!! no wonder t caldwell acting all sugary to miss angela simmons on twitter sending her RT's and wondering why bow wow won't leave her alone its all about the $$$$$$$ I see now that caldwell she one stupid *** wrench now she blame on her bookers on twitter dumb ***
Momma ain't paying her taxes , smh
Follow me on Twitter @ Dannyspice
smdh why Lil Wayne's daddy Baby didnt help him out? he just got a record deal with cash money and a new movie
and I'm not surprised at all. bow wow is not making any money. his last two albums sucks in my opinion and plus he hasn't got a hit since the wanted album. now his new coming up called lottery ticket which its not going to make to the box office plus I found out his director stole the script and right now he in court about to get sued for millions. I don't get it bow wow be on youtube ustream talking *** I got this I got that showing all them dollar bills where did they get all that money from loan shop????? he dumb as hell just like his momma
dang, i was just there the other day. smh. the boutique was not that awesome but they did have some
Ole copy and paste pyramid scheme scam/spam postin nicca!
Get your finances in order people.
ITS HIS MOMS BUSINESS MTO UGH!! YALL NEVR EVER EVER HAVE YALL STORY CORRECT!!
ALL THAT MONEY AND U CANT PAY YOUR TAXES???? HOW UNFORTUNATE. -_-
LMFAO HOPEFULLY HIS NEW MOVIE DO GOOD, LOL BUT I THOUGHT HE WAS BIG BALLIN. MUST NOT BE, HE CNT HELP HIS MOM OUT ON HER BUSINESS
are u serious????!!!! I was at his premiere last ***. yeah bow better pray and hope his movie do good. pay ur taxes ppl. that's a shame though.
Wow, even his mother is taller than him. Poor thing.
Woowwww! Guess everything that glitters really ain't gold. Smh.
Ole lord angela will hear this leave him and be seen with rob kardashian this wkend. With her *** fugly face.
Oh Oh lil nugga caught up...guess he better use dat lottery ticket money to get outta dis
Whatever..don't he got a movie coming out? I aint seeing it tho..i dont support bad black movies that look underbudget lol (i.e. Tyler Perry Movies lol)
thats just his mom store not his
@true beauty- I agree with 97 % of ur posts. I hate tyler perry flicks.
husband on this blog. I saw her tweet explaining about her situation. You can have a million ppl working for you. You are still responsible so Pay your taxes woman. you too busy worrying about your son's affairs, too worrying about is your *** ass son getting back with ciara or ang get yourself together and grow the *** up real talk and that goes to your son as well. Get it together and handle your business!!!!
Bow, WhatEVER you do, stayAWAY from illuminatti !
It's not worth it !!!!
*** DAMN ***!!! LOL
Whomp whomp..hopefully they get thru it
what the hell is fredfrinstone talking about, this illunanti thing has nothing to do with this situation Pay your taxes!!!!!!! if they can go out and buying sneakers bling bling 400k cars they can pay their taxes ***. we are living the time of the end now!!! war still on, the government is losing funds every single day!!!!!!!!! irs is nothing to play with!!!!!!! I don't feel sorry for pll like bow and his tired *** mom they should be ashamed of themshelves
if you don't handle your business you going to get exactly what you deserve. I'm done
I DIDNT EVEN KNOW BOW WOW EVEN HAD A CLOTHING STORE. I GUESS WE LEARN SOMETHING NEW EVERYDAY
*** EVERYBODY PAYING!1
to over it, it's really bow mom store cuz she owns it he just brought the property for her. that's all. she had that store since 05. but still dag, maybe soulja boy is right about bow his orange lambo was rented. I remember he was on mtv cribs when he had his first temporary condo he hardly had no food in the fridge and he was jacking internet service. dag smh.
mto you don't have to worry about angela as I was at the red carpet she didn't even take pics with him at all plus she walked passed me twice with sum dude. I'm sure she know. she be back with Rob or she moved on with somebody else
For some reason I think its minor. That young *** got paper...
Y bow wow look like a broke down sisqo r is it the otha way around lol his money aint strong no month if jd goin broke bow wow gotta b broke by now he aint made a hit since hmmmm
Bow Wow you better step it up. I aint a supporter of Bow but I aint against dude he aight in my book.
well stupid iz as stupid does....heres a pinhead 1 song rapper who i never liked really cause he only sang one song bowwowyippy yo yay,,,made millions,,all good him and his mumma had no brain to investments ok so this is whats popin now sell ur mercedes benz you bought for kristmass or take back the pinky ring that was ah lil somthin somthin and cost $40,000 what an idiot bowwuw u iz stupid u and jermain iz on the same stupid farm
Typical pretentious Atlanta niccas for ya...smh...fake ballin done caught up to them...smh...she done worked that boy like he was a Hebrew slave since he was in diapers, and now it has come to this...the IRS *** wit them...all this time, they have not been handling business...black folks know they don't handle business properly...that's why I seldom patronize Black businesses unless they have all their ducks in a *** row...that b!sh knew they was having tax trouble...at best she could've just *** it down herself, for the sake of Bow Wow's reputation, instead of making them *** come padlock his ***...just done took the man's dignity...messy pretentious niccas for ya...and I bet ole bug eyed Angela Simmons still want to be wit that nicca...he is trying to do her like Swizz doing Alicia...that "tax man" back-up plan...he prolly done licked that b!sh's *** something fierce trying to convince her to be wit him...so he could use her money to bail him and his unorganized mammy out of debt...he knew this was coming...
Uncle Sam don't play!!
That says Georgia Department of Revenue not Internal Revenue Service....two totally different entities
hold up wait a minute i just seen bow wow on mtv cribs showing his million dollar high rise condo then his exotic cars and his jewelry so how in the hell is it that he cant pay the taxes on his business?
That little *** Bow Wow thinks he's to much anyways. I never liked his a$s.
LMFAO!!!! @mindyharris *** HILARIOUSSSSSS!
its state taxes not federal. which also means there was on raid or seizure. the state did what most states do, they notify you of a lien and if you dont respond they padlock the place. and its not police tape, police tape is only used at crime scenes.
....no raid or seizure. typo
Cannot stand bowwow have never liked him or his ghetto money hungry mother wtf do angela c in this f*aggot!
another sorry azz, uneducated, rich-too-soon black entertainer.
dayum get ya'll shii together, I can't stand rich folk that don't know how to pay their daYum billz but can go & open biznezzez, sell drugz, fight dogz..SMDH..giMMe a break!
WOW!!! @ ***...
*** , I wouldn't say that. Bow Wow has been doing okay. I even forgot about that scandal. things will work out for him.
HELL NAW DHATS *** UP *** BOWWOW MII EX...
If the notice is from the Georgia Department of Revenue, why is MTO saying the IRS seizes control of the business? I don't live in Georgia, but wouldn't that be related to state taxes?
*** That sucks...I'm sure he'll bounce back
~Most dating websites cost between $25-$60 per month!! So we said to
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*** these stories suck today !
I don't get it these ig *** can afford cars, jewelry, and dumb sh"t but won't pay their taxes. Just dumb!
Wow!! did they find his *** porn stash?? Probably left it at Omarion's crib!!lol