Dionne Warwick Files for Bankruptcy!

Singer Dionne Warwick files for bankruptcy after owing back taxes for 10 million dollars. Warwick best known for hits like ” That’s What Friends are For” and ” I Say a Little Prayer” filed a chapter 7 petition in US bankruptcy in an New Jersey court last Thursday.

Ms. Warwick, 72, claims that her monthly expenses exceed over 20,000 a month and the best solution was to file. On the petition to the Internal Revenue Service  it claims Warwick owes 7 million dollars in taxes from 1991 to 1999 and also owes business taxes to the state of California for 3 million dollars.

Warwick’s publicist released a statement on her behalf:

“In light of the magnitude of her tax liabilities, (Dionne) Warwick has repeatedly attempted to offer re-payment plans and proposals to the IRS and the California Franchise Tax Board for taxes owed,” Kevin Sasaki said in an email Tuesday. “These plans were not accepted, resulting in escalating interest and penalties. Although the actual amount of back taxes owed has been paid, the resulting penalties and interest has continually accrued.”

All I have to say is why don’t people make sure their taxes are paid. You know uncle sam is coming to get his. This makes no sense how I see all these celebrities with these tax issues. I hope this works out because Ms. Warwick is to old for this craziness. I would be pissed that her psychic friends didn’t tell her this shit was coming.