"It has been reported that I signed a new record deal, and that I did this to pay taxes," Hill wrote. "Yes, I have recently entered into an agreement with Sony Worldwide Entertainment, to launch a new label, on which my new music will be released. And yes, I am working on new music."
Although the vocal legend wrote "the dollar amount reported [of her business deal] was inaccurate," she neglected to provide an exact figure of what she's making from this deal with Sony. Hill failed to pay taxes from 2005 to 2007 on her $1.8 million income, which has left her owing $504,000.
This new online letter touched upon the conspiracy tones of last year's Tumblr post explaining her decision not to pay taxes for three years. "Only a completely complicated set of traps, manipulations and inequitable business arrangements could put someone who has accomplished the things that I have financially in need of anything," Hill wrote. "This is an old conflict between art and commerce."
Although we wish Hill was returning to music just for the love of the game, we can't help but be psyched at the prospect of someone with a flawless track record like her getting back in the studio. So... thanks IRS!