Young Buck's Nashville home was raided by gun-wielding feds and IRS agents this morning. According to TMZ, the agents "ransacked" the former G-Unit member's home in an attempt to repossess items that would help pay off his ... wait for it ... $300,000 tax debt. The feds left Buck's house with anything that wasn't nailed to the floor including recording equipment, furniture and jewelry.

The rapper doesn't deny failing to pay Uncle Sam. "This IRS situation came about because I trusted accountants, lawyers, and managers to handle my business for me while I focused on making music," Buck told TMZ. "From now on, I am going to stay on top of my own business." Sounds like a good plan, Buck.