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Category: sports & tax

Wells Report Points Finger At Patriots, Brady: What Comes Next?

Kelly Phillips ErbMay 6, 2015

On February 1, 2015, New England Patriots quarterback Tom Brady took home his fourth Super Bowl ring and his third Super Bowl MVP trophy when

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Fix The Tax Code Friday: NFL, Money & Tax Exempt Status

Kelly Phillips ErbMay 1, 2015July 27, 2020

Earlier this week, the National Football League (NFL) announced that it would voluntarily give up its tax-exempt status. The NFL has been tax-exempt since 1942

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Widow Of Former Pacers Owner Sues IRS For $21 Million, Says Team Became An 'Embarrassment'

Kelly Phillips ErbApril 28, 2015

Last year, the Indiana Pacers found themselves in a National Basketball Association (NBA) showdown with the Miami Heat. As the regular season was winding down,

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NFL Will Give Up Tax-Exempt Status, Calling It A 'Distraction'

Kelly Phillips ErbApril 28, 2015July 27, 2020

On February 15, 2014, Baltimore Ravens running back Ray Rice got onto an elevator with his then-fiancee, now-wife Janay Palmer in Atlantic City, New Jersey.

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Wahlberg And Diddy Bet $250,000 On Mayweather & Pacquiao Fight

Kelly Phillips ErbApril 25, 2015

On May 2, “The Fight of the Century” is happening in Vegas. If you have somehow missed out on the hype, the fight features star boxers

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Famous Tax Cheats: Pete Rose, Baseball Player

Famous Tax Cheats: Pete Rose, Baseball Player

Kelly Phillips ErbApril 18, 2015October 17, 2020

Peter Edward Rose, one of the most famous faces in baseball, turned 74 last week. He still holds more records than any other player in

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9 Tournament & Tax Tips On The Road To The Final Four

Kelly Phillips ErbMarch 29, 2015

There are a few things you can reliably count on this time of year: The winds are a little less biting. The daffodils are finally

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Brady Passes On Super Bowl Prize As Butler Hauls In Truck & Tax Bill

Kelly Phillips ErbFebruary 8, 2015

New England Patriots’ cornerback Malcolm Butler might have snagged that Russell Wilson interception that lead to the Patriots’ win at Super Bowl XLIX but quarterback

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Salaries, Ads, Security: How Much Did Super Bowl XLIX Cost?

Salaries, Ads, Security: How Much Did Super Bowl XLIX Cost?

Kelly Phillips ErbFebruary 1, 2015November 19, 2020

In my house, today is all about Super Bowl XLIX. Yes, we’d rather see the Eagles playing (to be fair, we didn’t expect that to

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NFL Flagged With Another Challenge To Tax-Exempt Status Because Of Redskins

Kelly Phillips ErbNovember 15, 2014

With football season in full swing, members of Congress are taking another hit at the NFL’s tax exempt status: a second bill has been introduced which aims to eliminating tax exempt status unless the Washington Redskins yank their name. Does it have enough support to make a difference?

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