PGA Tour golfer John Daly in tax trouble

May 29, 2010

Crowne Plaza Invitational- Round One

I hope John Daly, the flamboyant professional golfer, gets a nice piece of the $6.2 million purse at this weekend's Crowne Plaza Invitational at the Colonial Country Club in Ft. Worth.

He needs it to pay the more than $1 million in federal taxes he allegedly owes Uncle Sam.

According to the Detroit News Tax Watchdog blog, the IRS has filed a $1,050,733 lien against Daly with the Shelby County, Tenn., Register of Deeds.

The official paperwork indicates that Daly owes income taxes from 2007 and 2008. The address on the lien is his home in Memphis, Tenn., which is currently on the market with a $698,000 asking price.

Daly has made a lot of bad moves in his life and career, but you've got to admit he's fun to watch on the course, for his powerful drives as well as to see which pair of Loudmouth golf pants he's wearing! 

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Those procrastinating filers aren’t a problem. In fact, the IRS appreciates taxpayers who take time to fill out their 1040 forms correctly. It also is grateful that tax submissions are spread out a bit, especially now that the IRS is a leaner agency. Processing returns is easier when they arrive throughout the year instead of in massive bunches.

But enough about Uncle Sam’s tax collection issues. The focus now is on all y’all who filed for extensions, giving you another six months to complete your return. Since your new mid-October due date will be here before you know it, let’s get started now on meeting it.

The ol’ blog is here to help you finish up your extended Form 1040. You can start with January’s tax tips page, which has links to the rest of the year’s tips by-month collections. You also can peruse various tax categories for more tailored advice by clicking on the More Tax Posts drop-down menu at the top of this (and every) page.

And to make sure you don’t miss your new filing deadline, the count-down clock below will let you know just how much time you to file by Oct. 15. At the latest.e. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

Comments
  • CJ Texas

    Wait just a minute here….
    So, John Daly (PGA Open) owes $1M+ in back taxes and continues playing golf.
    While Jim Thorpe (PGA Senior) owes $2M in back taxes and goes to prison for 1 year (could have easily been 2 years).
    If my math is correct, John Daly should at least be serving 6 months in prison.
    Hmmmmm!!

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