Offset’s $2.3 million tax crisis adds pressure to divorce with Cardi B

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00:00Offset's $2.3 million tax crisis adds pressure to divorce with Cardi B.

00:05Offset faces over $2.3 million in taxes as his divorce from Cardi B unfolds.

00:11Court filings show the IRS and Georgia Department of Revenue placed multiple liens against his assets, intensifying pressure.

00:19Offset's tax crisis marks a difficult chapter in a successful career.

00:23As one-third of Migos, he helped hit number one with bad and bougie.

00:27After Takeoff's 2022 death, they disbanded.

00:30Offset's debt includes a federal lien of $486,426.35 for 2,023 taxes and a Georgia claim for $266,702.21 for 2021.

00:47With interest and penalties, the total exceeds $2.3 million amid divorce proceedings.

00:54Tax agencies can garnish wages, freeze accounts, or place liens.

00:58Cardi B filed in August 2024, the couple share three children, and Offset has requested half of Cardi B's assets.

01:07Offset's solo run includes Without Warning with Metro Boomin and 21 Savage, Father of Four, Set It Off, and Chiari.

01:15Highlights include Ric Flair Drip, Clout, Jealousy, and Bodies.

01:20Entertainers juggle royalties, touring, and endorsements, creating tax complexity.

01:26A federal lien is a claim against property.

01:28A state lien gives Georgia's Department of Revenue priority.

01:32If unpaid, the IRS can escalate to garnishment or seizure.

01:35Offset and Cardi B married in 2017, welcomed culture in 2018, wave in 2021, and a third child in 2023.

01:47Collaborations like Clout, Blurred Romance, and Artistry before their relationship fractured in late 2023.

01:54Rapid earnings, inconsistent touring, and complicated business structures can trigger missed filings or penalties.

02:00Options include an IRS payment plan, an offer in compromise, asset liquidation, and tax attorney representation.

02:08In addition to this, we will be able to find out more information.