Rick Ross Makes Official Statement in Response to Owing IRS $5.7 Million
Yesterday, news broke that Rick Ross was in trouble with the IRS, as they are claiming he owes $5.7 million in unpaid taxes. TMZ originally reported the story, and stated that the rapper allegedly owes millions of dollars in back taxes from the years 2012 to 2014.
As a tax lien has been given to the MMG head honcho by the feds, his rep has released a statement in response to his new legal woes.
"I’ve been fortunate enough to experience financial success on a large scale through both my music career and my many business ventures," the statement reads. "With this type of financial success comes financial responsibility. As artists we are blessed to be able to make money, but on the same note, are held accountable for our federal tax obligations just like everyone else. I am fully aware of my current dealings with the IRS. This issue arose from an incorrect filing by a prior accountant for the 2012 tax year."
The statement continues, "My new team of accountants have corrected the prior filing, and as anyone who has dealt with the IRS understands, it is a process. We have already satisfied a large portion of these issues and I can assure you that we are working very closely with the IRS to bring a full resolution shortly and will continue moving forward in a positive direction!"
While we wait and see how this situation plays out, we can only hope that Rozay gets it fully resolved before the feds start taking his assets. What do you think of the rapper's response to this new issue?