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Over the weekend we reported that the King of the South, T.I. and his wife, Tameka “Tiny” Cottle, were dinged by the IRS for back taxes to the tune of $4.5 million. Whoa!

Well, in a statement to US Weekly, T.I.’s representative says the rapper/actor plans to “speak with the right parties to resolve the issue.”

Specifically it was reported the IRS planned to seize a car, his Atlanta home and a Rolex watch to cover the two years of unpaid taxes. In 2012, the T.I., whose government name is Clifford Harris, owed $1,397,283.47 and $3,173,476.39 from 2013.

Harris, according to a Daily Mail report, is worth $215 million. He also has a few clothing lines, businesses like Atlanta hot-spot Club Crucial, Vibe Restaurant and Lounge and the Hustle Gang record label. This year, he was on the Forbes List of highest paid rappers after making $75 million from his businesses and reality show, TI & Tiny: The Family Hustle on VH1.

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