Dionne Warwick, whose music has consistently sold since her debut in the 1960s, filed for Chapter Seven bankruptcy this week. It turns out the singer owed the IRS over a million dollars in back taxes.
According to an article in Rolling Stone, Warwick tried to pay what the feds were due. However, penalties and interest foiled her efforts to set the books straight with Uncle Sam and, presumably, state government tax authorities.
The 72-year-old Warwick can now move forward financially, although her credit score is probably shattered for the remainder of her days. Don't be surprised if Dionne makes a lot of personal appearances, so that she can make her reported $20,000 per month "living expenses."
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