Quijano: Wanted: Cornermen for Manny vs. the taxman

-A A +A

By Jingo Quijano

Last Round

Sunday, December 15, 2013

THE plot thickens. Just as I feared, there was more than what meets the eye when it came to the issue of producing the certified true copies of tax returns required by the Bureau of Internal Revenue.

To recall, sometime in 2011, an accounting firm named VisionQwest was hired purportedly to review Manny’s finances and tax issues. One of those tasks was to check Top Rank’s financial records pertaining to Manny’s earnings.

However, VisionQwest was subsequently fired, to be replaced by another accounting firm and has since then sued Manny for alleged unpaid fees amounting to $649,016.95.

I’m not privy to the status of this suit but if anything, this demonstrates that all might not be spic and span in terms of IRS concerns when it came to Manny’s compliance.

IRS RECORDS. Obviously, if you request a document from the IRS such as certified true copies or Certifications on taxes paid, said office would in all likelihood exercise prudence by double-checking its records as a matter of procedure. This might be the reason why Bob and company were dragging their feet on this issue.

And now, is if to confirm our worst fears, a Notice of Federal Tax Lien dated Nov. 22, 2013 directed to Manny has reportedly been issued by the IRS covering the period of 2006-2010 for the total amount of $18, 313.668.01.

Koncz has downplayed this claiming that recent stories contain “serious errors.”

We’ll see how this plays out, but for Manny’s sake I pray that he gets his financial affairs in order. The taxman might prove to be his toughest foe yet and it doesn’t help if the wrong people are in his corner.

BRONER VS. MAIDANA. One last big fight before the year ends, and perhaps it’s but fitting that it features one of the sport’s brightest young stars and one touted to be the next pound-for-pound king.

Or maybe the next Floyd Mayweather Jr. as Adrien Broner himself loves to proclaim.

Love him or hate him, “The Problem” is obviously talented. He’s undefeated in 27 fights, 22 inside the distance. He’s a defensive wizard much like his idol and is a slick, smooth counter-puncher.

Of course, he’s also a narcissist who struts and preens around the ring like a popinjay. He loves to pander to himself, and thinks he’s the apotheosis of fistic perfection.

He’s just the kind of opponent that someone like Marcos Maidana would like to beat up pretty bad.

BANGER. “El Chino” is the complete anti-thesis of Mr. Broner. A blue- collar fighter who likes to bang, he doesn’t say much but simply takes it to his opponent.

He first came into prominence in 2009 when he stopped the widely popular Victor Ortiz and made him quit on his stool inside 6 rounds.

He also lost a close decision to Amir Khan in a fight that had the latter on the verge of a stoppage loss in the last round. In 2011, he won over a come-backing Erik Morales and in his last fight, stopped Josesito Lopez in 6 brutal rounds.

Will he be the one to shut Broner’s big mouth?

MY TAKE. I think Broner is one big self-aggrandized-doofus, but at the end of the day, skills pay the bills.

Maidana is too one-dimensional in his approach, and his style is perfect fodder for a slick, sharp-shooter like Broner.

Ergo, my dislike for Broner’s antics will not get in the way of my predicting him to come out on top of this fight. But having said that, I will be rooting for Maidana all the way.

Confused? Let me give you a simple analogy.

Think of it as a schoolyard fight. My best friend is up against the resident bully. Do I think he’s going to beat him? Hell no, I think he’s going to get his face smashed.

But I’m rooting for him anyway and hope he’ll land that Hail Mary shot. That’s that.

LAST ROUND. It’s on Christiana Rei Guttierez who celebrates her birthday this week. Cheers!


Published in the Sun.Star Cebu newspaper on December 15, 2013.


DISCLAIMER: Sun.Star website welcomes friendly debate, but comments posted on this site do not necessary reflect the views of the Sun.Star management and its affiliates. Sun.Star reserves the right to delete, reproduce or modify comments posted here without notice. Posts that are inappropriate will automatically be deleted.

Forum rules: Do not use obscenity. Some words have been banned. Stick to the topic. Do not veer away from the discussion. Be coherent and respectful. Do not shout or use CAPITAL LETTERS!
2013 Bar results out

FOREX: US$ 1.00 = PhP 44.420

Bangko Sentral ng Pilipinas

Philippine Lotto Results

Gamesort iconCombinations
Swertres Lotto 11AM8-9-8
Swertres Lotto 4PM4-5-2
Swertres Lotto 9PM6-0-7
EZ2 Lotto 9PM04-02
public media
Plus and Special
Channel 14

Today's front page

Sun.Star Cebu front page for April 17, 2014

Other front pages

Sun.Star Jobs
  • SunStar Celebrity
  • Filipino Abroad
  • Habemus Papam
  • Obituary
  • Sun.Star Zup!
  • Sunstar Multimedia
  • Sinulog
  • Technology
  • Festivals
  • ePaper
  • Philippine Polls
  • Pacman blog
  • goodearth
  • tell it to sunstar
  • Calamity Report
  • Pnoy