Archives For david selig

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Rihanna’s ex-accountants have fired back at the pop singer, claiming she, not they, are to blame for millions of dollars lost.

New York-based tax practitioner David Selig revealed that his sources heap high praise on the reputation of Rihanna’s former accounting firm, Berdon LLP.

More on Selig and his firm here.

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Rihanna’s latest hit is called “Where Have You Been?” She’s asking that question about millions of dollars that went missing following an unsuccessful tour and an alleged mismanagement of her funds, and now she’s bringing her ex-accountants to court.

New York-based tax practitioner David Selig says that the federal audit could ultimately show whether or not the singer’s accountants did their job correctly. If the audit shows the accountants mismanaged funds, or worse, misappropriated them, Rihanna could successfully sue over the losses in court.

More on Selig and his firm here.

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Perhaps the miseducation of Lauryn Hill also included tax laws. The Grammy award winner owes three years worth of taxes, spanning a period from 2005 through 2007 when she allegedly made over $1.6 million.

New York-based tax practitioner David Selig does not think this will end well for Hill, especially in light of her comments that she intentionally didn’t file taxes due to the “underground” life she was living. The singer faces a maximum of one year in jail, and while Selig doesn’t agree with the sentence, he believes jail time is almost inevitable.

More on Selig and his firm here.

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Somebody call 911… another singer has allegedly not paid his taxes. TMZ reports that Sean Kingston owes the IRS over $131,000 dating back to money he made in 2009.

New York-based tax practitioner David Selig believes the discrepancy may have arisen from a 1099 form that Kingston could have simply ignored. With new technology in place, Selig notes that the IRS is able to find and correct previous “misses” on their part.

More on Selig and his firm here.

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TMZ reports that The Dream, a big time producer behind such hits as Rihanna’s “Umbrella,” recently had a state tax lien filed against him by Georgia for $117,401. If he had initially paid his taxes, he would’ve owed almost half of that. But since 2007, penalities and interest have accrued on the outstanding debt.

New York-based tax practitioner David Selig isn’t completely buying the story – noting that no one, not even state governments, are perfect. Selig believes it would be in Dream’s best interest to hire representation and make sure that in fact, he did owe the money that Georgia says it’s due.

More on Selig and his firm here.

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Federal tax practioner David Selig talked about the seriousness of the charges that hip-hop artists Method Man and Swizz Beatz face on “The Ralphie Radio Show.”

Visit Selig online here.