As Hip-Hop Wired previously reported, MC Hammer seems to be having some new issues with the IRS. Well Hammer has come out disputing reports that he owes Uncle Sam about $625,000 in back taxes and says that the money he allegedly owes is from 15 years ago when he had his initial financial problems with the government. Hammer stated,
“I paid the IRS 100 percent of their claim. In the past year or so, they decided–wrongly–that I owed them additional taxes from 15 years ago. I am contesting this claim through my tax attorneys and my case is making its way through the IRS appeal process. I hope to be successful.”
Hammer is currently being featured on “Hammertime,” a television show on the A&E network. He also added,
“I think the IRS claim is wrong and unfair. When there was a sum of $7 million dollars available, the IRS took the amount they said was due them. Now they want to come back for more now that it’s 15 years later? That’s just not right and I’m fighting that nonsense.”
Hammer said that the alleged past due amount of approximately $625,000 is not related to his current successful business ventures and have no impact on them. Hammer owns or works on several businesses including Dance Jam, his own record label, production company, and musical appearances, as well as other ventures.