Nothing is certain but death and taxes. DMX is facing big trouble from the federal government for allegedly avoiding paying millions in taxes. The rapper/actor was arrested on Thursday and faces major jail time.
According to CNBC, X allegedly concealed millions of dollars in income to avoid paying $1.7 million to the IRS. "While earning millions from hits like 'X Gon' Give it to Ya,' DMX didn't give any of it to the IRS," Joon Kim, the acting U.S. attorney for the Southern District of New York, said on Twitter.
According to an indictment, the rapper (real name: Earl Simmons) is charged with tax evasion, evasion of assessment of income tax liability, corruptly endeavoring to obstruct administration of IRS laws and the failure to file a U.S. individual income tax return. Authorities claim that the rapper went out of his way to maintain a cash-only lifestyle and didn't have a personal bank account as a means to evade his tax responsibility. Authorities allege that his 2013 bankruptcy filings were also inaccurate.
The 46-year-old is slated to be arraigned in Manhattan today. X's lawyer says that he plans on pleading not guilty plea. He also said that X has been focused on making music and that he's been "charged over the failure of others to do what he hired them to do."
TMZ shares that X faces up to 44 years in prison if he's convicted of all 14 counts against him.
[Photo: Getty Images]
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