Rick Ross Drops $4.6M To Settle Tax Debt With The IRS: Report

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Rick Ross performs on the main stage on Day 3 of Wireless Festival 2018 at Finsbury Park on July 8, 2018 in London, England. (
Rick Ross handed over a few M's to the IRS.

Rick Ross won't have to fear the IRS seizing any of his asset or his money in the future after he cleared his multi-million dollar debt with the IRS.

Rick Ross recently settled his $4.6M debt with the IRS, TheBlast reports. Official documents reveal that The Department of Treasury filed a Certificate of Release of Federal Tax Lien after Rozay coughed up the money to the IRS. The MMG boss paid $4,617,370.86 for a tax bill that was left unpaid for over a year. Ross was originally hit with the tax lien in 2016. The IRS told Ross that if he didn't clear his debt with them, they'd begin the process to seize his assets. 

Now that Rozay handed over $4.6M to Uncle Sam, he won't have to worry about the IRS seizing his income to satisfy his debt.

Aside from Rozay clearing his debt, he also claimed victory in his legal battle with 50 Cent over his "In Da Club" remix which landed on 2015's Renzel Remixes. The judge threw out the lawsuit, claiming Fif didn't have a valid argument because he didn't own the copyright or the master recordings of the song. 

Now that the lawsuit was thrown out and his debt has been settled, hopefully, we'll get his forthcoming project, Port of Miami 2 before the end of the year. 


About The Author
Aron A. is a features editor for HotNewHipHop. Beginning his tenure at HotNewHipHop in July 2017, he has comprehensively documented the biggest stories in the culture over the past few years. Throughout his time, Aron’s helped introduce a number of buzzing up-and-coming artists to our audience, identifying regional trends and highlighting hip-hop from across the globe. As a Canadian-based music journalist, he has also made a concerted effort to put spotlights on artists hailing from North of the border as part of Rise & Grind, the weekly interview series that he created and launched in 2021. Aron also broke a number of stories through his extensive interviews with beloved figures in the culture. These include industry vets (Quality Control co-founder Kevin "Coach K" Lee, Wayno Clark), definitive producers (DJ Paul, Hit-Boy, Zaytoven), cultural disruptors (Soulja Boy), lyrical heavyweights (Pusha T, Styles P, Danny Brown), cultural pioneers (Dapper Dan, Big Daddy Kane), and the next generation of stars (Lil Durk, Latto, Fivio Foreign, Denzel Curry). Aron also penned cover stories with the likes of Rick Ross, Central Cee, Moneybagg Yo, Vince Staples, and Bobby Shmurda.
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