Beyonce Knowles` father owes over $1.2 million in taxes
Matthew Knowles - who managed his daughter during her rise to stardom as a teenager with Destiny`s Child until 2011 - has been issued a lien by the US tax department, the Internal Revenue Service (IRS), to claim two sums of unpaid tax, TMZ reports.
Matthew, 61, reportedly owes $485,575.95 for 2010 and $728,004.89 for 2011, adding up to $1,213,580.84 for the final two years he was guiding Beyonce`s career.
The music businessman previously admitted he found it "incredibly painful" to cut professional ties with his 31-year-old daughter.
He previously stated: "It was hard for me to let her go - it was hard for both of us to let each other go. And let`s be clear on that. She didn`t let me go, we both let each other go. That`s a big difference.
"This was not a normal ending of a business agreement. This was a dad and a daughter and it was incredibly painful and it had some difficulties."
Despite Matthew claiming it was joint decision for him to stop being her manager, Beyonce - who has 16-month-old daughter Blue Ivy with her rapper husband Jay-Z - has admitted their split has taken a toll on their personal relationship.
In her recent HBO documentary `Life Is But A Dream`, she explained: "It took a while for me and my dad to have an understanding. When I turned 18 and started handling my business more, he went into shock. And we had our issues. I`d say `No` to something, and he`d book it anyway. Then I`d have to do it because I`d look bad [if I didn`t] ... Every time he pushed me, I got stronger. I had to sacrifice my relationship with dad. I had to let go."
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