Allhiphop.com has been covering the Beanie Sigel court proceedings concerning unpaid taxes. It is reported that Beanie will be sentenced to prison on July 12,2012. Sigel will have time to prepare financial documents, in an attempt to clear up any discrepancies with regard to how much owes to the IRS.
Beanie Sigel, born Dwight Grant, is accused of failing to report income to the federal government, from 2003-2005. Sigel claims he owes over $350,000 to the IRS, on over $1 million worth of income he earned during the years in question. The government disputes that amount. Prosecutors say the rapper owes upwards of $750,000 in taxes. At a hearing, the judge gave Beanie Sigel until April 26 to turn in documentation for the years in question.