Lil Wayne is having a hard time keeping his head above water. Sources say that he’s still having money problems and now it’s due to the IRS. According to reports, the Young Money CEO is $12.8 million in debt with Uncle Sam. The debt stems from several tax liens, which date back to 2011. The IRS’s records show that Lil Wayne owes payment for three separate liens: $5,843,92, $6,311,132, and 868,079.89. Although the Lil Wayne and Birdman has called a semi-truce, his $50 million lawsuit against Cash Money Records is still pending. The mismanagement of money is evident over there at Cash Money/Young Money. It’s just sad that Lil Wayne has to feel the brunt of it.
