sports & tax Can Williams get a tax break for her tirade? December 2, 2009 Share Share on Facebook Share on Twitter Pinterest LinkedIn Email Can Williams get a tax break for her tirade? Following on the heels of my Belichik post last year… can Serena Williams properly deduct her record fine for bad behavior? Last Updated on December 2, 2009 Author Kelly Kelly Erb is a tax attorney and tax writer. Prev Post Ask the taxgirl: Cash Payments December 2, 2009 Next Post Ask the taxgirl: Child Support December 3, 2009 Related Posts Super Fan Wins 100 Years Of Football Tickets Plus Offset To Cover Taxes April 26, 2019 Super Bowl Gamblers Risk Big Dollars, But Even Small Bets Can Have Tax Consequences February 3, 2019 Giving Up Fight, Ronaldo Will Plead Guilty To Tax Fraud January 21, 2019 Comments Michael 10 years ago Reply FYI, your photo is Venus, not Serena Kelly Post Author 10 years ago Reply Thanks Michael, duly noted and fixed! CWA 10 years ago Reply Kelly, Good post and an interesting question. However, I would have thought that Serena, other than her endorsement contracts, would be an IC regarding tennis income proper. Those prizes are awarded by the WTA. Is she an employee of them? Kelly Post Author 10 years ago Reply I was asked a similar question over in the comments at WalletPop. I assumed (perhaps erroneously) that most of her prize money and endorsements are run through a closely-held company. She wouldn’t be an employee of the WTA but she could be an employee of “Serena Williams Enterprises” or some such. I don’t know this for sure but I would be extremely surprised to see her report it all on a Schedule C… Write A Comment Cancel Reply Save my name, email, and website in this browser for the next time I comment. This site uses Akismet to reduce spam. Learn how your comment data is processed.