Little was left to speculation or gossip sites, as DMX’s issues made it to ABC News. Born Earl Simmons, the New York rapper plead guilty to tax evasion late last year (2017). He admitted to using several bank accounts as well as cash transactions to hide his real income.
According to ABC, prosecutors discovered that DMX’s “multi-year scheme” hid “millions of dollars” from the organization. “Today, Earl Simmons admitted to systematically cheating on his taxes. By insisting to be paid in cash whenever possible and having royalty payments diverted to the accounts of financial surrogates, Simmons concealed hundreds of thousands of dollars of income from the IRS,” said Joon H. Kim, acting United States attorney for the Southern District of New York.
Though Kim made it clear that Simmons broke the law, he said that DMX opted to do the right thing by agreeing to a guilty plea. “Simmons made a choice between ‘Right or Wrong,’ and did the right thing, admitting his guilt, and agreeing to pay his tax liabilities,” he continued. “No matter who you are or whatever fame you may have achieved, the law applies equally to all, and no one is exempt from the shared obligation to pay our taxes.”
Right or not, DMX — alongside Ma$e and Master P — is in for a huge bill. Just like Nas…
At the beginning of the new year, several outlets reported that Nas had finally paid the IRS off. He had been going back and forth with the IRS since 2009 over back taxes from 2006. After interest and numerous late fees, his debt went from about $150 thousand to about $275 thousand.
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