The IRS and the estate of Michael Jackson are little far apart when it comes to determining how much the estate owes in taxes. From TMZ:
— The Estate valued Michael’s interest in a trust that owns songs by MJ and the Beatles at ZERO! The IRS says its more like $469 million.
— There’s another MJ trust the Estate claims is worth $2.2 mil. The IRS says it’s worth $60.6 mil.
— The Estate valued the Jackson 5 master recordings at $11.2 mil. The IRS says $45.5 mil.
See what I mean? Get the full story here.