Busta Rhymes Owes IRS Over $780,000 In Back Taxes

BUSTA RHYMES OWES THE IRS OVER $780,000 IN BACK TAXES

(AllHipHop News) Either hip hop artists have the worst accountants or do not take paying taxes seriously. Today (May 28th), reports surface that Busta Rhymes owes the Internal Revenue Service over $780,000 in past due taxes.

Busta reportedly failed to make tax payment of $611,000 in 2008 and $178,000 in 2012.

In 2012, Busta Rhymes released Year of the Dragon, his first project after signing with Cash Money Records in 2011. Busta informed Vibe in February that he is planning to release his upcoming album Extinction Level Event 2 on July 4th.