*Rick Ross is addressing reports that he owes Uncle Sam some $5.7 million in back taxes.
The Miami rapper, aka William “Rick Ross” Roberts II, is $5.7 million short on taxes from 2012 to 2014, according to TMZ. That’s $4.6 million for 2012 and just over half a million in 2013 and 2014, respectively.
Rozay’s reps are now blaming it on an “incorrect filing” by a “prior accountant.”
“I’ve been fortunate enough to experience financial success on a large scale through both my music career and my many business ventures. With this type of financial success comes financial responsibility,” he said in a statement released Tuesday by his reps. “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.”
He added, “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.”
The feds have issued a tax lien, according to the report, and the rapper faces jail time if he doesn’t pay up.