The Tax Man Strikes AGAIN!

Fat Joe will not be on any summer stages this year. 

It's being reported that Joey is being sentenced to four months in federal prison for tax evasion. Although the rapper admits to neglecting his tax responsibilities, he blames "fancy guys in bow ties" for failing to  pay $718,000 in taxes from 2007 through 2010.

Aside from four months in the pen, Joe must pay a $150,000 fine and serve one year of supervised release. He informed U.S. Magistrate Judge Cathy Waldor that he will repay the entire sum of what he owes.