Willie Nelson Part Five
It’s Willie Nelson Part Five, and let’s get into it, so you can hear my new album from iTunes.
IRS and later career (1990–present)
In 1990, the IRS seized most of Nelson’s assets, claiming that he owed $32 million. In addition to the unpaid taxes, Nelson’s situation was worsened by the weak investments he had made during the early 1980s. In 1978, after he fired Reshen, Nelson was introduced by Dallas lawyer Terry Bray to the accounting firm Price Waterhouse. To repay the debt Reshen had created with the IRS, Nelson was recommended to invest in tax shelters that ultimately flopped...Read More