James Van Der Beek, a well-known star, recently passed away after a battle with cancer. But before he was diagnosed with the disease, he was faced with huge tax debts.
A report in TMZ offers insight into his financial struggles before being diagnosed with stage 3 colorectal cancer in 2023.
In 2021, an IRS tax lien was sent to Dawson’s Creek star and his wife Kimberly in November 2021 after failing to pay $95,438.31 in 2018 and $173,890.31 in 2019, for a total of $269,328.62.
But a year later, the couple paid off the debt in full and the same year the IRS lifted the lien. The following year, however, the late actor suffered a shocking cancer diagnosis, whose treatment took away his wealth in the following years.
At the time of his financial struggles, Beek’s friends stepped forward and helped his family pay the down payment on a 34-acre home in Texas that they were renting.
The late actor’s spokesperson confirmed this to People in a statement People“James secured a down payment on the Texas ranch for the family with the help of friends through a trust so they could move from rent to mortgage.”
In addition, Beek’s inner circle also set up a GoFundMe page after his death – raising $2 million – to help his family financially, perhaps revealing for the first time the depth of the secret money problems they had.
