Floyd tax issues?

[champion4ever]

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.

[.!WAR MIKEY!.]

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

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.

heres an example of how things might work

floyd fights pac...makes 200 mil or whatever...floyd fights connor..makes 200 mil or whatever...that he has to report....

floyd takes 3 million dollar monthly checks(estimate...not sure of exact number)...he doesnt take lump sums...he actually may have not seen a dime yet from the actual pac fight....so floyd has expenses yet has to report an income of 200 mil for a couple of those years while only touching 36 mil.....

floyd aint the smartest guy ive ever seen...but hes not totally dumb either....its possible that floyd will see a 2-3 million dollar check till hes 60 or so....

again everything I intitally said holds up

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.

[GhostofDempsey]

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.

[Curt Henning]

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

[.!WAR MIKEY!.]

floyd is paying himself though with his own money......hes not getting money from the illinois state lotto lol

Okay floyd is paying himiself with owe money no **** lmfao but his taxes are already PAID, he gets paid 200 million, check goes straight to accountant, accountant does their magic (PAY HIS TAXES & EXPENSES) and cut mawyeather a new check with he free-&-cleared tax free money, mayweather then setup some fund where he get put on "allowance" and allocates to himself a monthly amount.

okay cool... plausible thats why I said if he does have tax issue its from outside his boxing money where they are cutting the checks directly to mawyeather.