Belfast Telegraph

Tuesday 16 September 2014

Warwick files for bankruptcy

Dionne Warwick has filed for bankruptcy

Singer Dionne Warwick has filed for bankruptcy as she owes nearly 10 million US dollars (£6.5 million) in back taxes.

In a Chapter 7 petition filed this month in New Jersey, Warwick lists liabilities that include nearly seven million dollars (£4.6 million) owed to the Internal Revenue Service for the years 1991 to 1999 and more than three million dollars (£1.9 million) in business taxes owed to the state of California. Warwick lists her current address in South Orange.

The singer of classics such as Walk On By, I Say A Little Prayer and Do You Know The Way To San Jose? also lists about 21,000 dollars (£13,000) in monthly income and about the same amount in monthly expenses.

Warwick's publicist said the singer has paid back the actual amount of the taxes but that penalties and interest have accumulated over the years.

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Your Horoscopes by Russell Grant

Virgo:

You'll have to make an emotional appeal to your boss. Unless things change, you might have to find another job. You're a very tolerant person, but you can't handle toxic behaviour. A colleague who takes great pleasure in making everyone feel miserable should be reprimanded. Make it clear you aren't the only person who is suffering from their abuse. Explain how this bully is ruining morale. It's a system wide problem that needs to be nipped in the bud.More