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Category: sports & tax

Warren Buffett Offers $1 Billion For Perfect March Madness Bracket

Kelly Phillips ErbJanuary 21, 2014July 23, 2020

What would you do with a billion dollars? Pick a perfect March Madness bracket and Warren Buffett will help you find out…

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Braves New World? Taxpayer Funding Remains A Concern As Atlanta Rushes Towards New Stadium

Kelly Phillips ErbNovember 13, 2013July 18, 2020

When I was in elementary school, I had two career paths in mind: shortstop for the Atlanta Braves or trial lawyer. This was the result

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Former NFL Star Cites Concussions, Receives Prison Sentence For Role In Tax Fraud

Kelly Phillips ErbNovember 7, 2013May 18, 2020

Former Philadelphia Eagles wide receiver Freddie Mitchell has been sentenced to 37 months in prison for his role in a tax fraud scheme.

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Bayern Munich Keeps Winning Even As Their Chief Faces Trial For Tax Evasion

Kelly Phillips ErbNovember 5, 2013July 19, 2020

Bayern Munich just keeps winning as it marches towards the UEFA round of 16… But Bayern Chief Uli Hoeness isn’t having the same kind of luck. This week, Hoeness found out that he will face a trial on charges of tax evasion with respect to millions of Euros he kept hidden from German taxing authorities.

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Maradona, Football’s Former ‘Golden Boy,’ Served In Italy For $53M Tax Debt

Kelly Phillips ErbOctober 18, 2013July 17, 2020

Diego Maradona, football’s “Golden Boy” has been served with papers in Italy allowing tax officials to freeze his assets in an effort to pay off tens of millions of dollars in outstanding tax liabilities.

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Footballer Messi Trades Pitch For Court To Answer Criminal Tax Charges

Kelly Phillips ErbSeptember 28, 2013December 4, 2019

Despite reports that footballer Lionel Messi had cleared his tax debt, he and his father appeared in court this week for a scheduled hearing on tax fraud charges. What does it all mean for the star?

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Football Players Prove What’s Right With Kids, Wrong With Sales Tax

Kelly Phillips ErbSeptember 9, 2013July 16, 2020

We read a lot about what’s wrong with kids today. This story, about four football players from Division III William Paterson University, is all about what’s right with kids today – and what’s wrong with sales tax.

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Footballer Messi Scores Hat Trick, Clears Tax Debt As Season Rolls

Kelly Phillips ErbSeptember 6, 2013July 16, 2020

After months of speculation that Lionel Messi and his father, Jorge Horacio, might settle their tax case with Spanish authorities, the football superstar has made a “corrective payment.”

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Back To School: Can You Deduct The Cost Of Playing Sports?

Kelly Phillips ErbSeptember 5, 2013May 20, 2020

It’s Back To School Week on the blog! All week long, I’ll be answering your questions about school and tax – complete with fun giveaways. Next up: Playing sports while in school can be expensive. Are there are tax deductions or credits available to offset those costs?

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Bolt Strikes At Diamond League Games, Says UK Races Hinge On Tax Laws

Kelly Phillips ErbJuly 28, 2013July 13, 2020

Usain Bolt said he wouldn’t race in the U.K. after the Olympics unless they changed their tax laws… and they did, extending the laws in place for the Olympics for the Diamond Games. But is this a trend?

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