Damon Dash Tax Evasion: Roc-A-Fella CEO Hit With $2.8M Bill From IRS

Apparently, being CEO of a major record label is not enough to make ends meet, just ask Roc-A-Fella CEO Damon Dash who has been hit with a $2.8M bill from the IRS regarding back taxes from 2005-2011.

In 2005, Dash forgot to cut the IRS a check for $2,614,918.10. In 2011, his oversight was slightly less ($187,544.20).  

However, in spite of once making enough that his taxes were over 2 million dollars, Dash claims he's struggling.

In a lawsuit that alleges Dash never paid back a $200K+ loan, Dash put his finances (or lack thereof) on display.

Via AllHipHop:

"I am currently several months behind paying my personal bills," Damon Dash said in the filing. "For instance, I am currently over $100,000 behind in rent for the only home in which I live and at risk of being evicted."

Damon Dash also has to pay $24,000 every three months to his ex-wife Rachel Roy, $20,000 per-month in garnished wages, $4,341.10 a month for his son Christian and over $40,000 per-month in outstanding tax obligations.

"I'm an independent businessman and this is what comes from business," Dash continued. "I have the guts to fight my battles on my own and it's entertainment to everybody else because I'm so cool about it."

What do you think of the news that Damon Dash is struggling? 

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