Sunday, March 9, 2008

Yolanda Adams and the IRS

The IRS is at it again. They caught another one. First Wesley and now Gospel Singer, Yolanda Adams. Yolanda didn't show up to an appointment with the IRS last month to explain her financial/money affairs.

Various news sources, like Eurweb.com, states: "According to filings in Houston federal court, the IRS probe stems from two million-dollar mortgage loan applications. A 2005 application said Adams earned $40,000 a month and listed $8 million in assets – including an $800,000 trust account, $4.9 million in other personal holdings and jewelry worth $1.5 million. That document said she owned a Lexus and a Hummer. A subsequent home loan application listed $3 million in assets, including a business worth $1.5 million, a Mercedes-Benz and a Range Rover. She owns a home worth more than $2 million in Houston’s Royal Oaks Country Club subdivision."

Yolanda better start praying, once the IRS is on you, that's it!!!

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