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Category: sports & tax

Life & Tax Lessons Learned From Sports

Life & Tax Lessons Learned From Sports

Kelly Phillips ErbJune 24, 2021August 2, 2021

If you know me, you know that I love sports – especially basketball. And you couldn’t have scripted a better Game 7 in the Eastern

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Diego Costa Adds To List Of Soccer Players Pleading Guilty To Tax Fraud

Kelly Phillips ErbJune 4, 2020July 31, 2020

La Liga players may not be on the pitch yet, but at least one player is still making news: Atlético Madrid striker Diego Costa had

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Gambling On The Super Bowl? You Bet The IRS Is Watching

Kelly Phillips ErbFebruary 2, 2020April 9, 2020

I finished a disappointing fourth place in this year’s Fantasy Football. Even worse: I was beaten by a 13 year-old. That might explain why I’m

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Super Fan Wins 100 Years Of Football Tickets Plus Offset To Cover Taxes

Super Fan Wins 100 Years Of Football Tickets Plus Offset To Cover Taxes

Kelly Phillips ErbApril 26, 2019November 4, 2019

Gregory R. Hampton, a New York Giants fan, might have been the biggest winner in the National Football League (NFL) draft. Hampton won 100 years

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Super Bowl Gamblers Risk Big Dollars, But Even Small Bets Can Have Tax Consequences

Super Bowl Gamblers Risk Big Dollars, But Even Small Bets Can Have Tax Consequences

Kelly Phillips ErbFebruary 3, 2019October 30, 2019

Who’s going to win Super Bowl LIII? So far, odds-makers have the New England Patriots edging out the Los Angeles Rams for the win in

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Giving Up Fight, Ronaldo Will Plead Guilty To Tax Fraud

Giving Up Fight, Ronaldo Will Plead Guilty To Tax Fraud

Kelly Phillips ErbJanuary 21, 2019October 30, 2019

He originally vowed to fight tax charges against him, but Cristiano Ronaldo is now expected to plead guilty to tax fraud. In 2017, the soccer superstar was

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Bobbleheads Exempt From Tax After Court Ruling

Bobbleheads Exempt From Tax After Court Ruling

Kelly Phillips ErbDecember 4, 2018November 13, 2019

The Ohio Supreme Court ruled 5-2 that the Cincinnati Reds aren’t required to pay taxes on promotional items that they give to fans who attend their games.

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If You’re Betting On Football Season, Don’t Forget Taxes

If You’re Betting On Football Season, Don’t Forget Taxes

Kelly Phillips ErbSeptember 7, 2018July 1, 2022

This morning, I was greeted on my laptop with two words: Draft Day? It seems that my brother is eager to get our fantasy football

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Sánchez Sits Out: Tax Issues May Be To Blame

Sánchez Sits Out: Tax Issues May Be To Blame

Kelly Phillips ErbJuly 17, 2018July 10, 2022

Manchester United was missing Alexis Sánchez at the start of its US tour. The forward was reportedly denied access to the United States due to a tax fraud conviction.

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World Cup Countries With The Highest & Lowest Tax Rates

World Cup Countries With The Highest & Lowest Tax Rates

Kelly Phillips ErbJuly 13, 2018July 10, 2022

Exactly how big a bite does the tax man take from players? Depending on the country, top tax rates can range from 13% to over 50%. Here’s a glimpse at the top tax rates for each of the countries in the Round of 16.

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