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Category: sports & tax

Pacquiao Balks At Fighting In Vegas, Claims Taxes Are Too High

Kelly Phillips ErbFebruary 12, 2013July 6, 2020

(Update: A reader sent an email last night suggesting that Pacquiao’s manager’s tax calculation of $10 million was too high since all of Pacquiao’s income

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Pay Taxes On Your Super Bowl XLVII Winnings? You Can Bet On It

Kelly Phillips ErbFebruary 3, 2013July 7, 2020

This year, you can bet on everything from the winning team to who will score first and which Harbaugh brother – or both – will sport a cap during the game. What does all of this mean come tax time?

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Michael Vick Making A Financial Comeback

Kelly Phillips ErbOctober 4, 2012June 28, 2020

Michael Vick’s troubled days may be over (if you don’t count his turnover problems this season) but he’s apparently still fodder for the tabloids. The

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U.S. Olympic Medalists Won’t May Not Pay Tax On Winnings, Exempt Or Not

Kelly Phillips ErbAugust 10, 2012June 24, 2020

I’ll confess: I’m still on an Olympic tear at my house. My family and I have watched the end of the USA/Japan women’s soccer match

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President Obama Throws Support Behind Tax Break For Olympic Athletes

Kelly Phillips ErbAugust 6, 2012June 24, 2020

Even President Obama has Olympic fever, it seems. That’s the only plausible explanation for the latest word that the President is throwing his support behind

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Going For Tax-Exempt Gold On Olympic Medals

Kelly Phillips ErbAugust 2, 2012June 24, 2020

I love the Olympics. I make no apologies. I love the whole spectacle from the tacky opening ceremonies to the lovefest that is the closing

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Olympians Get A Free Pass On Taxes At The London Games

Kelly Phillips ErbJuly 28, 2012

Okay, best part of the 2012 Olympics so far? I say David Beckham in a speedboat because David Beckham in anything is always going to

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Saban Suggests Penn State Tickets Should Be Taxed To Pay For Scandal

Kelly Phillips ErbJuly 20, 2012June 17, 2020

“The most powerful coach in college football” has weighed in on the Jerry Sandusky child abuse scandal. Nick Saban, coach of the Alabama Crimson Tide

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Federer’s Wimbledon Win Pays Off For Some In Britain

Kelly Phillips ErbJuly 12, 2012June 17, 2020

While many across Britain were devastated last week by Roger Federer’s victory at Wimbledon over hometown darling Andy Murray, others had something to celebrate: money

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From L.A. Dodgers To Alleged Tax Dodgers: The McCourt Saga Continues

Kelly Phillips ErbMay 31, 2012June 16, 2020

It’s got to be hard to be a Dodgers fan these days. All-Star center fielder Matt Kemp just came off the DL only to find

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