Cyrus Langhorne
Maybach Music Group‘s Rick Ross is all about cherishing moments. This weekend, Ricky Rozay reflected on the day he received the key to Memphis.
Yung Renzel went to Instagram Sunday (November 13) and flexed his Memphis relationship following the launch of one of his Wingstop chicken wing restaurants.
Earlier this week, Ross issued a statement to address his publicized tax woes.
“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. 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. 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!” (Statement)
Earlier the same day, Ross rival 50 Cent poked fun at the IRS situation.
Hours prior, buzz developed about Ross owing $5.7 million to the government.
The IRS went through 3 years of Ross’ taxes, and claims he owes about $5.7 mil of cold hard cash. The back taxes are from 2012 to 2014. According to the docs — obtained by TMZ — Ross owes a little more than $4.6 million in 2012 alone, and then about $570,000 a piece for ’13 and ’14, respectively. The feds have issued a tax lien, and if Rozay doesn’t pay up they could haul away his stuff to cover his nut. (TMZ)
