A tax court petition filed by the pop icon challenges an IRS deficiency notice asserting that she owes them $2.7 million in tax and penalties. The IRS audited Beyoncé for 2018 and 2019, prohibiting millions of dollars' worth of deductions in legal and professional fees, a charitable contribution carryover, and some real estate operating expenses. Yikes.
And TikTok told me Billionaires don't pay taxes.
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