Financial troubles are once again plaguing Toni Braxton. According to newly published reports, the singer has fallen behind in her taxes and owes the IRS $396,000. Toni and her husband, who are now separated, were hit with a lien on their property March 26th- this in addition to also being sued for $900,000 in delinquent loan payments. The singer also reportedly defaulted on her mortgage last year.
Toni’s money problems date back over a decade ago to when she first filed for bankruptcy. Toni’s troubles seemed to disappear as she signed a new deal with her record label and did a long time stint in Vegas. However, those ventures fell apart as Toni suffered from health issues that caused her show to close down and her record deal fell apart resulting in her manager suing her.
Since then Toni has found a new label and is scheduled to release her “Pulse” album on May 4th.