Aaron Carter looking forward to making money again after wiping away tax debt
Pop star Aaron Carter is looking forward to becoming a big success on tour again after handing over $2 million from his profits last year (13) to pay accountants and lawyers helping him battle tax debts.
The grown-up child star has just embarked on a massive 80-date tour of North America and Europe, and this time the money he makes will go directly into his bank account after wiping away a six-year financial crisis in February (14) and becoming a savvy businessman in the process.
The I Want Candy singer tells WENN his parents' bad management
skills left him cradling a massive debt when he turned 18 eight
years ago, and he's been battling to settle that ever since.
He says, "I have become a money guy now because I turned 18 years
old and got hit by all those taxes and liens from my parents'
negligence, and that is what really, like, prevented me from doing
any business with anybody. It blacklisted me. Anyone who was
interested with working with me had to take on this $2.2 million
debt.
"Now, I could be an accountant tomorrow. I've learned so much. I
just resolved all those issues. I got a Chapter 7 bankruptcy, which
is a full discharge. I went through the state of Florida and they
contacted the White House and they dropped it because none of it
was my fault. And that just happened - February 6th of this
year.
"All last year, all of that money I was making on the After Party
tour was going to accountants and tax attorneys and all of these
people who needed to help me resolve this issue. I grossed over $2
million on tour and that was a shocker.
"Now, I'm OK with the fact I had to file for bankruptcy for a
problem that my parents instilled on me (sic) when I was 12 and 13
years old. Now, I have to prove myself and build it all up
again."