Mayweather agrees to pay back $5.6 million in back taxes

[Al Haymon]

The one where it says nothing about paying taxes for wages earned.

I happen to know a little bit about law and finance. I'm very interested to hear his reply.

[Kris Silver]

"Difference is, all my ****s paid for".

[madhive]

If he payed it off before they took it out of his purse, then why didn't he pay it off from the very begginning? Plus why are people saying Hoya payed it off for him, someone have a source for that.

[shabs]

u guys are haters who cares how much money he has im sure he has plenty more than all of us that are our here on are computers ....lol

[Al Haymon]

If he payed it off before they took it out of his purse, then why didn't he pay it off from the very begginning? Plus why are people saying Hoya payed it off for him, someone have a source for that.

It says that he has a tax attorney. There are two ways he could have played it:


1) have the attorney negotiate with the Sr. Agent. Strike a deal, and just pay the negotiated amount when you get paid.

2) Get an advance from GBP's line of credit, and GBP just re-coups that money when the distributor pays them.

Not a big deal either way. His mistake was to not be negotiating all along. This never should have become public. He owes from 2007. That's nothing.

Think about it:
Chavez owes TWICE the amount, and JCC owes from the 90's, and you are just now hearing about it. And the IRS knows that JCC doesn't have any $10 million paydays coming his way.

[larry x]

cool..now that thats out of the way lets move on

[VipersThunder]

"Floyd has -- and I will absolutely attest to it -- more than satisfied every tax obligation that he has," Morse said. "As of today, as of some time ago, which I can't tell you when, he owes zero to the IRS."

How do you more then satisfy a tax debt? Did he pay extra? Scum lawyer.

[2501]

Which article of the Constitution are they violating?

What article of the constitution gives an IRS agent the right to break down my door and hold me a gun point?

[Guest]

I paid 5600 in back taxes a couple of years back.

I wonder if they'd just take it from his bank accounts like they wanted to do with me (and could've done had i let it slip any more)

Ultimately BFD.

Irs caught him. They catch a lot of us, so you don't wanna get to cute with them.

[2501]

I paid 5600 in back taxes a couple of years back.

I wonder if they'd just take it from his bank accounts like they wanted to do with me (and could've done had i let it slip any more)

Ultimately BFD.

Irs caught him. They catch a lot of us, so you don't wanna get to cute with them.

I paid 10K in back taxes in 2003. I had a levy on me which took 1/2 of my paycheck until I called and worked out a payment plan. It is almost impossible to get ahold of them during business hours, btw.