The Vikings apparently can’t win for losing. First, they had to deal with the soap opera that is Brett Favre and the Green Bay Packers - in case you somehow remarkably missed the drama, Favre talked to the Vikings about a position on the team - as a result, the Packers, who have indicated […]
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IRS Special Agent Jeff Novitzky has a special interest in the hearing for seven-time Cy Young Award winner Roger Clemens. Novitzky has been at the helm of a five-and-a-half-year investigation into steroids in professional sports including drug […]
When it comes to Super Bowl, folks think chili, beer and commercials. They also think gambling. It’s one of those games that inspires a lot of big money, sure, but also enormous numbers of side bets and the ubiquitous office pools.
What does gambling have to do with tax? Plenty. Gambling winnings, […]
Taxpayer asks:
Hello,
My husband’s business gets letters from people asking for cash donations/sponsorships. Specifically, when students write to us asking for sponsorship for a People to People Ambassador program for their son/daughter to attend, or Cheer camp sponsorship for their cheerleading daughter to attend, or asking for a sponsorship for their child’s go-kart racing hobby […]
Penn State University has released the official salary of Joe Paterno and the news is BIG. Really BIG.
And why? Because it’s… get this… $512,664.
No missing digits here.
The provost at the University of Alabama should be weeping by now. And the folks at the University of South Carolina should demand a refund from […]
One of the most closely guarded secrets in the history of sports is about to be revealed: exactly how much does JoePa get paid?
The Pennsylvania Supreme Court has ruled that the Penn State University football coach’s salary must be made public. The request had initially been made by a newspaper (The Patriot-News in […]
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While my Phillies weep silently, waiting for next season, there are tax consequences galore to consider in Boston. Huh? Check out this great post at TaxProf Blog
Tags: Boston-Red-Sox, Green-Monster, Jordans-Furniture, Monster-PromotionShare This
No, that’s not a typo. These days, it seems, it is all about the dollars. Even in college sports - or maybe especially in college sports.
The headline on this week’s Philadelphia Inquirer, Sunday Edition, blared “Raising Funds - and eyebrows” - the story about the push to raise money for colleges through athletics […]
Issuing a stern “cheater, cheater, pumpkin eater” warning to New England Patriots coach Bill Belichick, the NFL handed down a steep fine which will cost the Super Bowl coach $500,000. The Patriots were fined half of that, $250,000, in the same scandal for stealing an opponent’s defensive signals. And adding to the “ouch” […]
As a bunch of folks predicted, Barry Bonds’ record-breaking home run ball (756) will be sold at auction.
The fan who caught it, 21 year old Matt Murphy, says he can’t afford to keep it because of the tax consequences. He reportedly said that “several people told him he would be taxed on the souvenir” […]
tax news, tax info and tax policy - and it’s not as boring as you think!
Written by Kelly Phillips Erb [email] for b5media.
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