Celebrity Tax Lien – Floyd Mayweather
The IRS still has Floyd Mayweather Jr. on the hook for $7.2 million in taxes from 2010, according to records that show a Federal Tax Lien filing.
That’s on top of the $22.2 million the undefeated boxer nicknamed “Money” owes in 2015 taxes for the year he earned $200 million to fight Manny Pacquiao.
Mayweather’s public bravado about his wealth doesn’t match up with county records in Las Vegas and his own petition to the U.S. Tax Court in Washington.
A petition filed by Mayweather last week argues that as wealthy as he is, he doesn’t have the cash on hand to pay his debt for 2015. The IRS refused a direct request by the fighter to pay in installments until he is paid for the McGregor fight, and the agency said it intends to levy Mayweather.
About the Author
Gregory McCauley Jr., Esq.
Tax Attorney · Villanova University School of Law · Admitted in Delaware, New Jersey, United States Tax Court
Gregory McCauley Jr. is an experienced tax attorney who has personally represented more than 1,000 clients in matters ranging from civil tax controversy and IRS examinations to criminal tax defense, U.S. Tax Court litigation, and complex business disputes. His practice is built on a foundation his c...
