Former RHOA Star Peter Thomas Allegedly Owes $450k In Back Taxes From Over A Decade Ago
Peter Thomas is in hot water with the IRS–again.
Former Real Housewives of Atlanta star Cynthia Bailey’s ex-husband, Peter Thomas, allegedly owes back taxes from over a decade ago. According to Radar Online, the entrepreneur owes $450k in back taxes for an Atlanta restaurant that shut down in 2010.
The restaurant was called Uptown Restaurant & Lounge and, while it was running, Peter allegedly failed to make a total of 10 payments.
Apparently, the missed payments were able to fly under the IRS’ radar–until now.
When the eatery officially closed its doors, Peter blamed The Great Recession, which began in 2007 and ended in 2009. Peter is being accused of not paying his taxes from December 2008 to December 2009.
The ex-reality star could lose his assets if he doesn’t pay his debts off promptly. As of this report, he still hasn’t covered the $450,399.52 bill that he owes.
Since his past restaurant failures, Peter has opened Bar One in Miami, which appears to be doing well.
Peter has a history of financial troubles, especially in terms of owning restaurants. In 2019, theJasmineBRAND exclusively reported that he was forced to close his Charlotte bar over a tax lien. He racked up more than $200,000 in unpaid taxes. The sports bar–called Sports One Charlotte–was said to return without Peter. According to a source, the bar fell off the map due to Peter’s inability to juggle his finances for multiple projects. At the time, Peter was working on Bar One.
That same year, he was arrested for allegedly writing fake checks. He was released after 6 days and denied the claims.
His ex-wife, Cynthia Bailey, sued him for an unpaid loan in 2020. They have since made a private settlement.
Cynthia and Peter wed in 2010, the same year they began starring in The Real Housewives of Atlanta. They divorced in 2017.
Peter hasn’t directly addressed the accusations.
Do you think Peter should give up on restaurants for good? Leave us a comment and let us know!