Earlier this week it was revealed that MMG rapper Rick Ross owed $5 million dollars in unpaid taxes to the IRS. Now Rick Ross releases statement about unpaid taxes!!!

Flip and get the FULL statement from Rick Ross…

CelebNMusic247.com got word that Rick Ross, who brags about his money, flexes his Maybach.

Not only that, Ross can also be seen (above) standing in front of his private jet. A luxury that comes with a high price tag. With all the monies spent on frivolous things like cars, jets, chains and more, hip hop moguls NEED to stop bragging. If they did that, their back taxes has come to the forefront.  Rosay owes taxes on the past four years.

Why do rappers always brag about their riches on social media? If they just pulled it back they would be such targets for the IRS.

Now Ross has issued a statement regarding his financial ordeal. He says he’s going through the proper steps to resolve it.

Rick Ross had this to say about his back taxes to the IRS:

“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. 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.”

Rick Ross also says that he’s experienced a lot of financial success in his career. He understands with financial success comes financial responsibility.

Thoughts?