RJJ owes $3.5 million to IRS, no wonder he's still fighting.

[No Contest]

Shit, thats alot of back taxes....he should have done like the politicians do, put all his money in swiss bank accounts or costa rica or some shit. Then just declare bankruptcy.

[fan johnny]

Shit, thats alot of back taxes....he should have done like the politicians do, put all his money in swiss bank accounts or costa rica or some shit. Then just declare bankruptcy.

It don't work like that... They used to have a offshore companies that earned the money for them that way money is not declared as income for the individuals. But now a days the IRS goes after all that stuff like that. What they do now is set up a record label or other start up company and write off all the losses. But it looks like Floyd & Jones forgot to hire an accountant.