Platinum rap icon and business mogul, Rick Ross released an official statement elaborating on the details of his current dealings with the Internal Revenue Service (IRS).

As you recall, it is being reported that Ross owes an estimated amount of $5.7 million dollars in back taxes.

[READ: Rick Ross is Tardy For His Taxes! Owes $5.7 Million to IRS… ]

The popular rapper sent over a statement regarding the stories and he states?it was a prior accountant who screwed up the matter, but his current team has got it all under control.

Read the full OFFICIAL statement below…

Rick Ross’ publicists over at ‘The Chambers Group’ sent over the following official statement regarding the matter:

I’ve been fortunate enough to experience financial success on a large scale through both my music career and my many business ventures. With this type of financial success comes financial responsibility. As artists we are blessed to be able to make money, but on the same note, are held accountable for our federal tax obligations just like everyone else.

I am fully aware of my current dealings with the IRS. This issue arose from an incorrect filing by a prior accountant for the 2012 tax year. ?My new team of accountants have corrected the prior filing, and as anyone who has dealt with the IRS understands, it is a process.

We have already satisfied a large portion of these issues and I can assure you that we are working very closely with the IRS to bring a full resolution shortly and will continue moving forward in a positive direction!

William “Rick?Ross” Roberts II

What do you think of Rick Ross’ official statement regarding his reported $5.7 Million tax debt?