Michael Jacksons Estate Battling Irs

Written by Bogutz and Gordon

Posted on Apr 21, 2016

Estate taxes are assessed on the value of a person’s assets at the time of death.  In that regard, Michael Jackson’s estate and the IRS have very different numbers.  The IRS: $434 million-plus. The estate? $2,105.  The two are battling it out, and likely they will settle on a number somewhere in between.