Bow Wow has denied that he owes thousands of dollars to the taxman, refuting claims that were made earlier this week. 

TMZ reported that the Cash Money signee owed the government more than $91,000 in unpaid taxes since 2006. "TMZ saying they are about to runa story on me thats once again ‘Not True’ as im sitting in my beautiful condo as of RIGHT NOW that they said i dont have anymore," he wrote in an open letter to fans. 

In the letter, the rapper was also forced to explain the repeated delay of his forthcoming album Underrated, putting the blame on himself and not on the record label.

Bow Wow performing on Chris Brown's F.A.M.E. tour...