When in debt, Uncle Sam will collect. Unfortunately, Young Buck found this out the hard way this morning after the IRS raided his Nashville, TN home. The invasion was due to a $300,000 unpaid tax bill. Although Buck was able to keep his crib and vehicles, agents seized his platinum plaques, jewelry, and furniture.
“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…
Despite the seizure, Buck remains optimistic and views it as a lesson learned.
“Things you go through in life make you who you are and I’m alright! 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.”