Young Bucks house raided by FEDS for $300k tax Debt

4 Aug

Rapper Young Buck

 

 The Feds has raided former G-Unit member Young Bucks Nashville, TN home yesterday for  $300,000 worth of unpaid tax debt.  According to HipHop wired.com, since leaving G-Unit, Buck has had problems with the IRS, unfortunately he has blamed 50 cent for stopping him from making an income.  Buck has issued a statement about the raid saying,  

“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 continues,  

“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.  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.”  

I hate hearing about situations such as these with rappers, its unfortunate that artist are working and depending on their accountants and assistants to get things done and in most cases there not.   

Buck we wish you the best on your efforts to get your finances in order and back in the game.  Good Luck!

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