Tennis superstar Caroline Wozniacki walked away from her $1.45 million paycheck (by accident!) after placing at the U.S. Open. If you walked away from your paycheck, could you skip paying the tax on it?
Read MoreCategory: sports & tax
Back To School 2014: Deducting The Cost Of Playing Sports
(UPDATE: The giveaway is now closed. We have our winners! See the comments for more info.) So the good news at my house first: my
Read MoreLeSean McCoy & The Infamous 20 Cents: Why Hitting Your Server With A Low Tip Hurts More Than You Think
The Philadelphia Eagles have found themselves in the spotlight this week not for posting good numbers on the field (they’re sitting atop the NFC East
Read MoreBig Dreams, Big Dollars, Big Stakes At Little League World Series
This week, Mo’Ne Davis made Sports Illustrated history: she became the first Little League player to make the cover of the sports magazine in its
Read MoreCharles Barkley Offers To Pay Funeral Costs For Youngest Carjacking Victims
On July 25, 15-year-old Keiearra Williams, 10-year-old Joseph Reed, and 7-year-old Terrence Moore were selling fruit for a church fundraiser in Philadelphia when they were
Read MoreSpanish Court Moving Forward With Messi Tax Evasion Case
Less than a month after Lionel Messi earned the 2014 World Cup Golden Ball (for those of you who don’t follow soccer, it’s the award
Read MoreNFL Fines, Suspends Ray Rice: Is The Hit To His Wallet Tax Deductible?
On February 15, Baltimore Ravens running back Ray Rice got onto an elevator with his then-fiancee, now-wife Janay Palmer in Atlantic City, New Jersey. When
Read MoreMoney Literally Flying At World Cup: Is It A Clever Attempt At Tax Avoidance?
The Ghana soccer team continued to make headlines this week. No, folks weren’t still talking about their impressive battle against Team USA early in the
Read MoreWorld Cup Mania: Figuring Out FIFA, Soccer, & Tax
We are in full World Cup mode at my house. My kids are huge soccer fans (you may know this if you’re a regular reader)
Read MoreAs NBA Finals Continue, Tax Incentives Lure 76ers Into New Jersey
(Update: The final number on those tax credits, which was previously not available, is said to be $82 million.) What was the difference in Thursday’s
Read More