Beyonce Father Mathew Knowles Tax Trouble [PHOTOS]: Superstar Dad Owes More Than $1 Million Tax Debt, Record Label Losing Profit? Will Beyonce Help?

By Dominique Zonyee (d.scott@mstarsnews.com) | May 13, 2013 10:26 AM EDT

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The more money the more problems, and for celebs who are cashing big checks it seems as though the most popular problem is paying taxes.  The man responsible for the career of one of the biggest superstars in the world Mathew Knowles, Beyoncé's father is the latest celeb to make the IRS failure to pay taxes list. 

Knowles was slapped with a $1.2 Million bill for 2010 and 2011 incomes.  According to TMZ reports, Knowles made $485,575.95 in 2010 and 2011 in $728,004.89, taxable income all of which he failed he taxes on.  For those two years alone, Knowles owes $1,213,580.84.

Although Knowles no longer manages his daughters Beyoncé, Solange, and Kelly's careers, he is the owner of Music World Entertainment Group, home to some of the biggest gospel acts in the country.

Bey parted ways with her father in replace of her husband Jay-Z's Roc Nation management in 2011 and the already top paid talent continued to rack in the millions. While Knowles is still cashing out from his days with Bey and Destiny's Child, is the result of losing his top earning client leaving him in financial trouble?

Maybe he forgot and will pay up?

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