Mayweather Jr. Caught between Taxman and Pacman

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Floyd Mayweather Jr. is pondering this next move. Faced with a deadline by boxing promoter Bob Arum, the American boxer has to make a decision that will have implications on himself both inside and outside the ring. Arum is waiting impatiently, as is the rest of the boxing world, for Mayweather Jr’s decision on fighting famed Filipino boxer Manny Pacquiao, nicknamed the Pacman.

Manny is widely held to be the best pound-for-pound boxer in the world. He has the speed, skill, endurance and power to defeat any boxer in his weight category, including Mayweather Jr. The American’s critics believe that Mayweather Jr is afraid of the Pacman, judging from the failed talks to bring the two boxers together thus far.

But there may be a more subtle reason why Mayweather Jr is ducking Manny Pacquiao. And it has gotten even the battle-hardened, previously undefeated Mayweather Jr. shaking in his boots. It’s the IRS.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Darrin Mish, Tampa Tax Attorney, The Law Offices of Darrin Mish, P.A. | Attorney Advertising

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