Singer and songwriter Ne-Yo, known for his R&B hits and smooth vocals, is facing financial difficulties due to alleged back taxes owed to the IRS. The IRS has filed a federal tax lien against Ne-Yo, claiming that he owes a staggering amount of $3,166,811.68 for the year 2020.
Ne-Yo, whose real name is Shaffer Smith, is now facing a federal tax lien from the IRS. The lien asserts that Ne-Yo owes a substantial sum of $3,166,811.68 in back taxes for the year 2020. This significant amount highlights the seriousness of Ne-Yo’s tax issues and their potential impact on his financial stability. The IRS takes tax payment obligations seriously and employs various measures, such as tax liens, to recover outstanding debts.
In addition to the tax lien, Ne-Yo and Crystal Renay have been given a separate lien by Crowe Custom Countertops for work done on a property in Alpharetta, Georgia. Ne-Yo and Crystal Renay are also facing a separate lien for unpaid taxes owed to the City of Atlanta. Although the specific amount owed is unknown for now, this further highlights the extent of Ne-Yo’s financial challenges and the need for resolution to prevent further legal and financial consequences.
Ne-Yo’s financial troubles come on the heels of his divorce from Crystal Renay. The couple finalized their divorce in February, reaching a settlement that outlined the division of assets and financial responsibilities. As part of the settlement, Ne-Yo agreed to pay Renay a lump sum of $1.6 million and provide her with a new car valued at $150,000. Additionally, Ne-Yo is required to pay Renay $12,000 per month in child support for their three shared children. The settlement also includes a monthly alimony payment of $5,000 for the next three years. These financial obligations further compound Ne-Yo’s financial challenges, requiring him to manage his tax debts alongside his divorce-related payments.
In addition to his divorce settlement, Ne-Yo has recently encountered legal issues with his ex-girlfriend, Sade Bagnerise. Ne-Yo filed a lawsuit against Bagnerise, demanding a DNA test to establish the paternity of their child and seeking court-mandated child support. While Ne-Yo acknowledges his biological fatherhood of their older child, Braiden Bagnerise, he has expressed doubts regarding the paternity of their second child, Brixton Bagnerise.
Ne-Yo’s financial troubles, including the federal tax lien and additional liens related to property work and unpaid taxes, illustrate the complexities he faces. The alleged back taxes owed to the IRS amounting to over $3 million, coupled with his divorce settlement and ongoing legal issues, present significant obstacles for the singer. Ne-Yo must navigate these challenges, working towards resolving his tax debts and managing his financial obligations, both to the IRS and his ex-wife. As the situation unfolds, it remains to be seen how Ne-Yo will address and overcome these financial hurdles.