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McCourts Investigated by IRS

4/20/2011 6:35 PM PDT BY TMZ STAFF

The Internal Revenue Service is investigating the finances surrounding the L.A. Dodgers as well as Frank and Jamie McCourt ... sources connected with the team tell TMZ.

McCourt IRS Investigation

TMZ has learned of the investigation in the wake of Commissioner Bud Selig's announcement that Major League Baseball has taken over the financial operation of the team.

Sources tell TMZ ... the IRS investigation was triggered by a number of disclosures surrounding the McCourt divorce.  In particular, IRS agents are interested in the fact that the McCourts took $145 million from the team and paid no taxes (certain court documents place the figure at around $105 million, but we're told it's actually $145 mil).

The IRS is also interested in the fact that the McCourt children have drawn a salary from the team but performed no apparent services to justify the payout.

And the IRS is focusing on certain team losses that were carried forward.

And we're told the California Franchise Tax Board is also looking at the situation.


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29 COMMENTS

No Avatar
16.

Jim in Cali    

BOOM, the Mccourts are DONE in LA

1244 days ago
17.

writenow    

Mainstream reporters just don't get the real juicy stories come out of Family Court. Remember when Ron Burkle tried to get the laws changed so he wouldn't have to reveal where he was hiding his money? Helpful Democrats passed the law....but the Judge threw it out as unconstitutional. Next Burkle tried to say he was worried about Identity theft. No dice there, either. But there's so much more. See Familylawcourts.com. Check out the pedophile therapists and fake attorneys, too.

1244 days ago
18.

Thomas    

You shouldn't jack with the IRS. Tax evasion means prison is in your future. No probation.

1244 days ago
19.

DizzKid    

Karma a Bitch.

1244 days ago
20.

Lydia    

Jamie fought so hard to have the team declared community property! Bet she reqrets that now. Now that the Dodgers are community property, she's as responsible as Frank for not paying income taxes and may have to go to prison. Probably means she'll have to part with her precious real estate to help pay the IRS & State of CA off. This story gets better by the minute.

1244 days ago
21.

john johnson    

this is all on the the shoulders of the fighting mccourts as well as a jackass otherwise named bud selig. take a better look at the operations of EVERY team in major league baseball. poor don mattingly, he don't deserve this.

1244 days ago
22.

Dolly    

I was watching your show with my young Goddaughter when all of a sudden you showed a gross picture of women kissing each other. We were upset and hope you will not do it again. Thank you.

1244 days ago
23.

Gabbyu    

They should change their name from McCourt to McCrookS!!!

1244 days ago
24.

dd    

Jail time coming.....

1244 days ago
25.

Sonja    

Good all these rich folks and huge corporations making multi million if not billions in profit and paying no taxes is criminal.

1244 days ago
26.

Liz    

These rich guys never learn all he had to do was pay her and be done with it. Now MLB is in charge of the Dodgers money and worse yet the IRS is coming for him which will also bring down his children for the pay with no work scheme. Frank Mecourt will be lucky not to end up in prison.

1243 days ago
27.

Dawn79    

Geez I was into the IRS for $300 and those "nice people" came after me hardcore!! How the hell do these douches get away with owing that kind of money!!!

1243 days ago
28.

Rockchick    

I hope they haul Frank & Jamie McCourt off to jail soon...they have messed up the Dodgers soooo bad and have the players wanting to be traded becuz of their GREED...the sons don't deserve the money they are being paid either..Run the McCourts out of LA...they are douchbags

1138 days ago
29.

Rockchick    

Part II...Bryan Stow getting beat up was the straw that broke the camel's back along with the very public divorce that won't go away....Yes they should have to pay back the money they EMBEZZLED from the team.....I hope the IRS hangs ALL of the McCourts ....btw, I had to pay back $900. to the IRS or go to jail....are the McCourts exempt...Oh wait a minute their money does the talking for them...Frank is a douchbag for buying the team with loans....

1138 days ago
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