Lil Kim reportedly (and finally) settled her longtime disagreements with the Internal Revenue Service (IRS) over tax debt. According to court documents obtained by RadarOnline, Kimberly Denise Jones agreed to a $1.4 million settlement with the federal tax agency. However, its exact details remain unspecified, as is the date on which she discharged the tax debt in question. Furthermore, some of this discharge dated back all the way to 2003, and this settlement means that the federal government can no longer seize her assets to satisfy the debt. The largest debt she owed was reportedly in 2008, where she had to cough up around $400,000.
While it's been a long history of arguments and payments for Lil Kim, that didn't stop her from performing and continuing to inspire others. In fact, as of late, many female rappers shouted her out as an influence, which is unsurprising considering her long reign as one of rap's queens. For example, Ice Spice recently named "The Jump Off" MC as one of her biggest inspirations along with Nicki Minaj. When it comes to her artistry, that speaks louder than any settlement agreement.
Lil Kim Reaches Settlement With IRS
Another female superstar to praise the 48-year-old for paving the way was Megan Thee Stallion. "My mom was a rapper, right?," the Stallion expressed on RapCaviar Presents. "She was a female rapper, but I had never heard of women being rappers ever because my mom was listening to UGK, Three 6 Mafia. My daddy [listened to] Lil Wayne, like, we only listening to men in the house. But one day, my mom put on Lil Kim. Damn! She raps harder than a lot of these guys!"
Not only that, but Lil Kim often shows these artists the same amount of love, as she did recently to Cardi B. "Cardi is like the love of my life," Kim expressed in an interview. "You don’t even know. Like, she makes me laugh… we talk a lot. People have no idea. But she’s my little sister but she’s really my big little sister. Believe it or not, she directs me on a lot of things like ‘No, this is what I want you to do’…and I’ll be like ‘Ok that makes sense’. We just laugh a lot too." For more updates and news on Lil Kim and her impact, stick around on HNHH.