Earlier this week, TMZ claimed Bubba Sparxxx owes the State of Georgia nearly $30,000 in back taxes. Upon reading the story, the rapper felt compelled to contact the gossip site and set the record straight. He actually owes roughly 10 times that amount to the federal government, thank you very much.

"I was having a good time and just wasn't attentive to a lot of issues," the Southern MC said, explaining why is debt is so large. "My main issue was Mr. Tax Man, which I neglected because of doing things I had no business doing."

The "Ms. New Booty" rhymer is prepping his first album since 2006, and he says he plans on using the income to get right with the government. He's also enlisted some helpful professionals and made positive changes in his life.

"I have stopped partying and hanging out," Sparxxx said. "I got a tax lawyer and a business accountant to get my tax situation handled."