With football season in full swing, members of Congress are taking another hit at the NFL’s tax exempt status: a second bill has been introduced which aims to eliminating tax exempt status unless the Washington Redskins yank their name. Does it have enough support to make a difference?
Tennis superstar Caroline Wozniacki walked away from her $1.45 million paycheck (by accident!) after placing at the U.S. Open. If you walked away from your paycheck, could you skip paying the tax on it?
Over the past few days, like many of you, I’ve been glued to the NFL draft board (Forbes’ Darren Heitner had great coverage here). It was exciting to see who was picked first (Houston took Jadeveon Clowney); who bit on Johnny Manziel (sorry, Cleveland) and where Michael Sam, the first openly gay player to be drafted in league history would go (St. Louis took him 249th). Interest in the draft has been, as ESPN commentator Mel Kiper, Jr., explained, “through the roof” which is great for the NFL. But wouldn’t it be cool if we had the same level of …
Planning to play for Buffett’s billion dollars? Or maybe just a dip in the office pool? Here are some tips to consider as March Madness begins…
It’s over. Today, Uli Hoeness announced that he would not seek an appeal of his tax conviction and would, instead, head off to jail.
It was a quick sentence but a powerful one: Bayern President Uli Hoeness was sentenced to more than three years in prison for evading taxes.
Want to win a billion dollars? Here’s your chance.
FC Barcelona has paid $18.5 million to Spanish tax authorities amid allegations of improprieties related to the signing of Brazilian super star Neymar. Refusing to admit any wrongdoing, the club referred to the transfer as “voluntary.”
What’s the biggest soccer news to come out of FC Barcelona in recent months? Tax debt. Now that Messi has resolved his tax issues, the team has to grapple with questions over the Neymar transfer.
As our athletes medal in Sochi, the chatter has again started about whether those medals – and the associated bonuses – should be exempt from federal income tax. Is it appropriate? Or necessary? I say no to both. And here’s why.