1 February 2008
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, no matter whether [...]
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14 September 2007
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” factor, NFL [...]
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