Young Buck's House Raided By IRS
The federal government raided Nashville rapper Young Buck’s residence Tuesday morning (August 3rd) over a $300,000 pastÂ tax bill, the rapper has released.
The agents forcibly came to the rapper’s home with shotguns and seized recording equipment, jewelry, furniture, and his platinum plaques, a statement said.
That rapper has had serious issues with back taxes since leaving G-Unit and his lawyers even filed a motion to protect his assets.Â That didn’t prevent the raid.
Buck said he was saddened by the raid and it has actually taken away much of his ability to generate revenue.
"The worst part of this isn't the material stuff--that will all be replaced. It's what it does to the people around me. They took my kids' Playstation, my assistants' computers, and baby's mothers' jewelry. They took my home studio so I can't even record," he said.
The federal officials didn’t take Buck’s house or his vehicle.
Young Buck says he has already started paying closer attention to his finances and hopes for a dramatic change.
"I have a new team in place, but I am also paying full attention now. Nothing like this will ever happen again. This is a huge wake up call for all entertainers to stay on top of your own trusted employees and team members, and replace anyone that was put in place by your record label if the situation you have goes sour,” he explained. This IRS situation came about because I trusted accountants, lawyers, and managers to handle my business for me while I focused on making music. From now on, I am going to stay on top of my own business."
For his fans Buck simply said, "Things you go through in life make you who you are and I'm alright!”