so TBE is still having IRS problems??? is this why he's fighting overseas like manny? lol. all i want to know is will there be VADA testing. fighting overseas seems kinda shady right Dunn? i mean if you want to do something shady then fighting overseas would prolly be your best bet. if floyd knocks this japanese guy out, WE ALL know why. ...
okay he gets monthly checks so what lmfao. The way you tried to explain him dealing with his taxes was wrong. You dont OWE taxes for money you haven't received.
what you saying it makes mayweather sound stupid as fuck, he reporting 200 mil a year for a few years but only giving himself 3 mil a month? (numbers are trivia)
again you do not have to pay taxes on what you havent recieved. If win the lotto and take the installments you dont have to pay taxes on 1 billion dollars the first year even though you only take home 10 million worth of installments.
again everything I intitally said holds up
floyd is paying himself though with his own money......hes not getting money from the illinois state lotto lol
Last year he paid the IRS $29M in taxes. Not sure if that settled his account. If he is having any money issues it is likely due to his lavish spending, not sure what his tax situation is now.
so TBE is still having IRS problems??? is this why he's fighting overseas like manny? lol. all i want to know is will there be VADA testing. fighting overseas seems kinda shady right Dunn? i mean if you want to do something shady then fighting overseas would prolly be your best bet. if floyd knocks this japanese guy out, WE ALL know why. ...May doesn't do VADA. He does USADA.
lmfao wtf is you talking about?
I telling dude how I doubt floyd owes taxes or what not but explained to him how his theory is wrong when it comes to paying taxes, you writing a damn book about what? how floyd makes money lmfao IDGAF.
and FYI allen iversion doesnt had nothing to do with that fund wasnt even his idea, nike did it on his behalf cause they knew he was gonna be another dummy.
it was reebok actually.....and dont u think someone like haymon or ellerbe are capable of setting floyd up if they think hes going to be a "dummy"????
the dummy here is you...you dont know **** really about anything.....thats why you cant understand what im talking about
floyd had total control over his shows...from concessions to souveneirs.....everything....the gate...the whole show...thats part of his investment portfolio....he pays himself out monthly.....yes he has real estate and other stuff too...but his fights are part of his investments because he and haymon took full control of his shows
you are out of your realm....stop trying to talk money
yeah from his other investment not from his boxing lol. He owns property, so of course he has monthly checks coming in.
his "investments" include total control on his fights...from souveneirs to concessions...its been broken down in several articles....how haymons concert promotion background spilled over into boxing with floyd fights in particular...floyd had total control and owned the entire show...that is also part of his investment portfolio.....floyd disperses his money to himself in monthly installments.....
allen iverson is often thought of as broke...but several people in the know have told us that he actually has like 50 mil in an account that he cant touch until a certain age...cant remember the exact age...if its 50 or 55 or whatever....but everyone assumes hes poor because he was playing in garbage leagues
ahhh matter of fact...i just found the details
https://basketballforever.com/2016/09/15/allen-iverson-saved-reebok-going-broke/
In 2001, Iverson made a decision that would inevitably save him from his future self. He signed a very unique endorsement deal with Reebok. In addition to paying $800,000 a year for life, Reebok set aside $32 million in a trust fund that Allen will not be able to access until he turns 55 in the year 2030. This deal came to light when Allen’s ex-wife filed for divorce. As a result of the divorce, Allen will inherit half the trust fund in 2030.
trust me...you dont know floyds financials and how hes got himself set up...people keep hoping hes going broke...hes got some smart people around him that wont let it happen
you only have to report on money you receive lmfao, he doesnt have to report 200 million if he hasnt received it yet. he getting his money in installments 3mill a month he only has to report the money he took in for that entire year 3x12= 36 million so he only has to report 36 million.
and PS I dont believe for a second mayweather is on some payment plan.
and if floyd does have tax problem im not saying he does, it will most likely be from the non boxing money he takes in that he doesnt turn in the checks to the accountant first so they do their magic and then cut him a check/deposit the free and clear money into his account.
floyd has stated on several times on video interviews that he stakes monthly checks
I mean Floyd gambles a lot and he blows money A LOT. Don't be surprised if his return to boxing is about money. Not likely taxes, but maybe just spending too ******* much money. As a Floyd hater, I have to admit that I dont think he's returning for money. I think he's returning for legacy because Pacquiao is still boxing and of course "Finito" Lopez going 51-0
IF I was rich like these foo's I'd sell the fucc out & move from this money stealing country.
Listen my brother...My fellow human being, the guy who I would be fighting alongside of when the green men came from Mars... I would be doing you a grave injustice to let you believe what you have posted.
The only way to fight the IRS is to structure your resources like truly rich people structure theirs. Period. There is no national line that prevents the IRS, and while there are nations that are more tax friendly if you earned your nut here you will pay the man.
Heres the secret: Don't be an earner, be a biznis man... And don't own your stuff, create a fascimile to own it. And finally? pay the broker 1% to moniter your life insurance, and borrow against it for 2% and return it... That way you don't pay the tax man, you replenish your estate, and you hold on to your stuff which belongs to a fictional being.
There is no other way... The IRS on the occult level uses the desire to own and to earn against you.
get over myself?? i thought when fighters fight overseas its because they have tax issues? being paid very well doesnt mean he doesnt have tax issues lol. maybe this is why he's fighting again to pay off the tax he owes?
Be aware of something though....Japan is one of the worse taxing countries. You get taxed more in Japan than in Europe. And inheritance? They take most of it...Japan also has one of the best fan bases for lucrative fight sports... Its an interesting proposition as to what floyd is trying to do.
You are intimating that Floyd is fighting overseas to not pay tax in this country...He would have to be in a real pickle to be in such a a position given the tax rate he is paying in Japan and the IRS cannot be stopped at the border of another state either.
I don't pretend to understand what is going on either at this point. But just keep in mind the tax situation in Japan.
So the point of this thread is because Manny is near broke and has tax issues and was Forced to fight in kuala lampur Floyd must also have tax issues. That is utterly retarded. Yet we have all the usual suspects co-signing this.
Look guys I get you hate Floyd because he is superior to the Manny’s, Ggg’s, and Canelo’s of the world. I get he frustrates you guys by winning all the time. He flosses money and acts above the boxers you guys love. He makes all of you feel inferior which says more about all of you then it does him.
But come on guys, don’t co-sign a blithering idiot out of hate. You guys should all be happy that you all can read better than Floyd, don’t beat women, have never been to jail, and never failed at Investing in soda.
You guys are all winners. You make an honest living. Floyd is just a loser that continually gets over. You guys are the ones the kids should look up to.
What could be better than being an NSB poster whose passion is hating on Floyd?
someone once told me fighting overseas means 2 things --
1. tax issues
2. peds
So the point of this thread is because Manny is near broke and has tax issues and was Forced to fight in kuala lampur Floyd must also have tax issues. That is utterly retarded. Yet we have all the usual suspects co-signing this.
Look guys I get you hate Floyd because he is superior to the Manny’s, Ggg’s, and Canelo’s of the world. I get he frustrates you guys by winning all the time. He flosses money and acts above the boxers you guys love. He makes all of you feel inferior which says more about all of you then it does him.
But come on guys, don’t co-sign a blithering idiot out of hate. You guys should all be happy that you all can read better than Floyd, don’t beat women, have never been to jail, and never failed at Investing in soda.
You guys are all winners. You make an honest living. Floyd is just a loser that continually gets over. You guys are the ones the kids should look up to.
What could be better than being an NSB poster whose passion is hating on Floyd?
wow dunn?? i asked a honest question. why is it wrong for me to ask this? i was told when fighters fight overseas its because they have tax issues.
floyd never fought overseas until now. dont you think its weird? and he's taking less money to fight also. to me this seems like he's trying to make a quick money so that he can use that to pay the taxes he owes.
So the point of this thread is because Manny is near broke and has tax issues and was Forced to fight in kuala lampur Floyd must also have tax issues. That is utterly retarded. Yet we have all the usual suspects co-signing this.
Look guys I get you hate Floyd because he is superior to the Manny’s, Ggg’s, and Canelo’s of the world. I get he frustrates you guys by winning all the time. He flosses money and acts above the boxers you guys love. He makes all of you feel inferior which says more about all of you then it does him.
But come on guys, don’t co-sign a blithering idiot out of hate. You guys should all be happy that you all can read better than Floyd, don’t beat women, have never been to jail, and never failed at Investing in soda.
You guys are all winners. You make an honest living. Floyd is just a loser that continually gets over. You guys are the ones the kids should look up to.
What could be better than being an NSB poster whose passion is hating on Floyd?
Every super rich dude has IRS problems lol, its cat and mouse between them and very smart accountants.
Floyd will always be a multi-millionaire just on his net worth interest which would be astronomical on nearly a billion dollars.
But those very smart accountants also steal your money and hide it away into untraceable accounts if you are uneducated and loose with your money.
Dudes still looking for a L to give Floyd...Castillo, the government and whatever else mfs feel is a L for Floyd...The King has ZERO losses on his record and who gives a funk about his money or personal problems?!!...dudes act like that shizz be important smh
nah brah.. no one is trying to give L's to floyd. he does that on his own with his daily life. i aint sweating any of that.. im just asking a honest question because when its a different fighter fighting overseas, its because that fighter has tax problems, at least that's what they say.
Dudes still looking for a L to give Floyd...Castillo, the government and whatever else mfs feel is a L for Floyd...The King has ZERO losses on his record and who gives a funk about his money or personal problems?!!...dudes act like that shizz be important smh
Floyd can fight a Japanese 122lb kickboxer at the MGM Grand and make ~$80m? Gtfoh.
oh shiiet, so floyd is not a draw then???? thought his fans said floyd could come back and fight anybody and will still make big money?
Floyd is the Bill Gates of sport. He can afford to pay a 100 IRS bills and still have enough to buy a small island. It would take like 500 accountants 20 years to count his income. People are just jealous. Also, he's black.
50 cent said floyd is on an allowance and gets his money monthly........ he's probably not broke
50 Cent and Floyd are beefing, but there's no doubt in my mind that he's gotten the whiff of Haymon/Floyd's lawyer convincing Floyd to lock away basically all of his money in investment assets that pay out a regular residual to him (which he supplements with the appearance money and the side businesses).