As the race begins to gear up for the 2020 presidential election, Michael Avenatti has made it clear he's thinking of throwing his hat in the ring.

But the Daily Beast has revealed that Stormy Daniels' lawyer has more than a few money woes he may have to answer for on the campaign trail.

Avenatti has personally owed at least $1.2million in federal taxes and his law firm Eagan Avenatti once owed $2.4million in taxes, the site revealed.

The allegations may come as a surprise to those who at least knew of Avenatti and his second wife Lisa Storie-Avenatti.

The pair lived a lavish life full of multi-million dollar homes, private jets, and frequent trips to Cabo, the French Riviera, and Paris.

Michael Avenatti - who is considering a 2020 presidential run - has personally owed at least $1.2million in federal taxes and his law firm Eagan Avenatti once owed $2.4million in taxes, according to a new report

Details of the couple's spending habits came out after Storie-Avenatti filed for spousal and child support amid the pair's divorce.

'We traveled extensively throughout the world and, when not flying privately, we always flew business class and stayed at five-star hotels,' she said in one filing.

'I had unfettered use of credit cards that were in my name. My American Express bill was historically on average of $60,000 to $70,000 per month, and was paid in full each month.'

Storie-Avenatti said the couple spent nearly $20,000 a month on groceries, another $20,000 on clothes, $12,000 on nannies, and $27,000 for vacations, gifts, and entertainment.

The allegations may come as a surprise to those who at least knew of Avenatti and his second wife Lisa Storie-Avenatti (pictured), who enjoyed a lavish lifestyle

The pair - who recently divorced - enjoyed multi-million dollar homes, private jets, and frequent trips to Cabo, the French Riviera, and Paris

She said Avenatti had a full-time pilot that was paid $100,000 a year, and owned two private jets worth $9million total.

She revealed that the couple had bought a home in Laguna Beach for $7.2million and sold it five years later, in September 2015, for $12.6million.

After the couple divorced, Storie-Avenatti said the lawyer moved into a $14,000-a-month apartment and stopped paying the $100,000-a-month lease on the couple's home in Newport Beach, where she still lived with their three-year-old child.

She said he continued to go on exotic vacations, and even once flew himself and a friend, plus the friend's dog, to a villa.

Storie-Avenatti said the couple spent nearly $20,000 a month on groceries, another $20,000 on clothes, $12,000 on nannies, and $27,000 for vacations and gifts

'While I continue to pay all the bills I can afford and to support our son, Petitioner continues to vacation and race cars,' she wrote in the filing.

In July, Avenatti was ordered to pay $31,981 a month in child support and $124,398 a month in spousal support, in addition to $185,000 in attorney's fees.

But his days in court aren't coming to an end.

Avenatti has also been embroiled in a long-running dispute with former Eagan Avenatti colleague Jason Frank.

In 2016, Frank claimed the firm owed him millions in unpaid compensation.

He filed for a demand for arbitration against the firm, which was found by a three-judge panel to have 'acted with malice, fraud, and oppression' against him.

A trial of arbitration was set for March 13, 2017. But 12 days before it was due to start, a creditor from Florida petitioned to place Eagan Avenatti in bankruptcy over a $28,700 debt.

Eagan Avenatti then asked for the trial of arbitration to be placed on hold amid the bankruptcy case.

Even the US bankruptcy judge was suspicious, saying the creditor's petition had a 'stench of impropriety' and that she wondered if it could be a 'collusive filing'.

The bankruptcy case was dismissed months later after Avenatti personally guaranteed a $4.85million payout to Frank in March.

Avenatti has enjoyed rising fame since he began representing Stormy Daniels, even walking the red carpet at the MTV Video Music Awards in August

But he has been in an ongoing dispute with former Eagan Avenatti colleague Jason Frank (pictured), who is trying to collect a $10million judgement he won against Avenatti's firm

But Avenatti never paid, and in May a US bankruptcy court judge ordered the firm to pay $10million in the legal dispute.

When the case hit headlines, Avenatti lashed out at the press for caring about the story and tried to turn the focus back to Daniels, Trump, and Michael Cohen.

'I'm disgusted by the press' fascination with my personal business and my personal life,' he said.

'Who cares? What does my personal business have to do with the case? Nothing.'

And this week Avenatti remained unfazed by the case, which will be decided by a Los Angeles Superior Court judge on Monday.

'Jason's claims are completely bogus,' he said. 'Regardless of what happens on Monday, Jason owes me and my law firm over $10million.'

Avenatti has claimed that Frank stole his clients, an allegation Frank's lawyer called 'delusional'.

On top of all this, in January the IRS claimed that Eagan Avenatti owed $2.4million in taxes.

It received $1.5million in March, but in July said the firm still owed $880,582 and claimed the firm and Avenatti himself had 'made misrepresentations to the detriment of the United States', the article states.

Meanwhile, rental company the Irvine Company filed to evict Eagan Avenatti last month, claiming it owed $213,253 in rent for an 8,371 sq ft suite (pictured) and three storage spaces

The IRS asked that Eagan Avenatti be found in contempt or that the bankruptcy case be reinstated, according to the report.

In August a plan for Eagan Avenatti to pay $75,000 a month until the taxes are paid in full was approved in bankruptcy court.

Avenatti said that 'the firm has paid everything' to the best of his knowledge.

The lawyer has recently been trying to separate himself from his former law firm, claiming he divested his interest in Eagan Avenatti in the last year and now operates under Avenatti & Associates.

Avenatti has also found himself in legal trouble after he acquired Seattle coffee chain Tully's Coffee, which owes nearly $5million in federal taxes and $2million in state taxes

It was the excuse he used last month when rental company the Irvine Company filed to evict Eagan Avenatti, claiming it owed $213,253 in rent for an 8,371 sq ft suite and three storage spaces.

'None of these obligations are my responsibility,' Avenatti told the Daily Beast.

But just last month Avenatti himself signed an answer to the Irvine Company's complaint, claiming the firm had made repairs to the suite and that they should be subtracted from the owed rent.

And in a July filing in the IRS bankruptcy case, Avenatti said he had 'ownership interest in two separate law firms', according to the article.

'One is EA. The other is not. I maintain both of my offices at EA's Newport Beach office,' he wrote.

And during a hearing in the bankruptcy case, Avenatti said Avenatti & Associates owned a 100 percent stake in Eagan Avenatti.

But Avenatti's disassociation with his own law firm seems to be a strategy he has used before.

In December 2012 Avenatti acquired Seattle coffee chain Tully's Coffee, partnering with Grey's Anatomy star Patrick Dempsey and forming Global Baristas.

By August 2013, according to The Daily Beast, Dempsey was suing Avenatti, claiming the lawyer obtained a $2million loan to help run the company - despite telling Dempsey he already had the funds to acquire and operate Tully's.

On top of all that, Avenatti had pledged Tully's assets as collateral for the loan.

The case was quickly settled, but the problems only continued.

Avenatti hasn't been shy about his desire to go against Donald Trump in the 2020 presidential election - but now he will also have to deal with his money woes becoming very public

There are nearly $2million in state tax warrants and nearly $5million in federal tax liens against Global Baristas, the report states. It also owes more than $350,000 in unpaid rent.

Meanwhile, all of Tully's locations were shuttered this year after Global Baristas was accused of failing to pay for rent or trademarking fees on the locations.

But Avenatti claims he sold Global Baristas to new owners for $27,785,000, saying he 'exited at the right time' and that the unpaid taxes are 'not my responsibility'.

'I only do legal work for the company,' he said. 'Basically, they're just another client now.'

Avenatti was listed as president of Global Baristas as recently as February, and Storie-Avenatti listed Tully's coffee shops among the couple's assets in January.

It should also be noted that Global Baristas paid a $200,000 retainer for Eagan Avenatti's bankruptcy case in Florida.

A complaint has since been filed against Avenatti with the State Bar of California by David Nold, who is representing a former Tully's Coffee landlord, the report says.

Nold wrote to the California bar: 'In essence, he bought a company out of bankruptcy and then used it for a "pump and dump" scheme to deprive federal and state taxing authorities of millions of dollars'.