IRS Wants MC Hammer To Pay Tax Penalties

Time to pay up…the tax man plays no games.

According TMZ:

MC Hammer says the IRS is shamefully out to get him … belatedly demanding penalties on taxes he fully paid 7 years ago.

Hammer famously went belly up in 1996 — declaring bankruptcy and in the process losing everything, including his master recordings and most worldly possessions.

Hammer got out from under his debt by anteing up more than $7 mil in 2007, and that amount included more than $1.4 million to the IRS.

Now — 7 years later — hammer says Uncle Sam has just demanded another $1.4 mil — this time for penalties and interest on the delinquent 1996 taxes.

Hammer thinks it’s a travesty, and has filed legal docs asking a judge to block the IRS from collecting because of basic principles of fairness.

- See more at: http://bossip.com/947701/mc-hammer-says-irs-is-out-to-get-him-after-demanding-he-pay-tax-penalties/#sthash.IvSePT4Y.dpuf