Al Michaels is one of sports broadcasting’s best-known conservatives, and the NBC announcer cracked wise with one of the right’s most classic myths: that income taxes these days are extraordinarily high.
Court filings unearthed this week reveal that banks, the IRS, and a casino are lining up to collect from former star NFL running back Clinton Portis. Even worse, it looks like the bank is trying to foreclose on the house Portis bought for his mother in 2004.
Today, April 15th, is Tax Day. And you think this is a problem for you, because you are ever-so-slightly disorganized. But today should be the one day you thank the Lord On High that you are not also a NASCAR driver, because doing a NASCAR driver’s taxes is a pit of the deepest, darkest, hottest hellfire. UPDATE
If you still haven't settled up with Uncle Sam, Amazon's offering terrific prices on H&R Block Tax Software, today only. Prices start at just $17 for the Deluxe edition (compared to $45 when purchased directly from H&R Block's website), and stretch up to $37 for Premium & Business (compared to $80).
Tax season is upon us. From now until April, Americans get to enjoy the annual reminder that Uncle Sam is not the cool uncle.
2014 is in the rear view mirror, so in the next few months, we'll all have to settle up with Uncle Sam. If you're a sane person with fairly standard finances, you use software to do this, and several of H&R Block's offerings are heavily discounted today on Amazon.
ESPN has been in Connecticut since its inception in 1979, transforming Bristol from a doorbell-manufacturing town with a borrowed name and little else to the roosting place of the Worldwide Leader in Sports. In return, the state has been very forgiving to ESPN come tax time.
Manny Pacquiao claims he has had to borrow tens of thousands of dollars to send relief to victims of Typhoon Haiyan, because his bank accounts have been frozen by the Philippine government as it pursues $50 million in back taxes it claims he owes.
Zach Lowe on how Tennessee's "jock tax" affected Chris Johnson, who signed two 10-day contracts last season with the Grizzlies: "Johnson earned about $54,000 from those two 10-day deals (eight games played) and had to start his tax prep with a fat $7,500 check to the ownership group that waived him." [Grantland]
A Spanish prosecutor has formally filed a complaint against Barcelona striker Lionel Messi and his father, accusing the two of submitting fraudulent tax returns for four years.
Last week Republican Senator Tom Coburn of Oklahoma introduced an amendment to a bill called the Marketplace Fairness Act (the so-called "Internet tax") that would revoke the tax-exempt status of sports leagues. This is the news, and Think Progress has covered it nicely here. Also news, to most people: Sports leagues…
Bank of America Stadium is a perfectly modern and lovely venue that hosts 10 football games a year. But Panthers owner Jerry Richardson wants more! He wants new escalators! A new video board! Better wi-fi in the stadium! And he wants you—the fan who already pays to attend games—to pay for most of the upgrades.
This past weekend, wealthy golfer Phil Mickelson took some time during a press conference to express his displeasure with the current federal and state tax codes. Like Gerard Depardieu, Mickelson finds the burden of being a multi-multimillionaire in a confiscatory socialist political system too much to bear. Here's…
We called this one a couple of months ago, but the Dolphins and owner Stephen Ross made it official today—they want to make $400 million worth of renovations to Sun Life Stadium, and they want state and local governments to pay for some, possibly most of it.
The lease on Ralph Wilson Stadium was set to expire in July, and, while team owner and president Ralph Wilson has long said that the Bills wouldn't move while he was alive, Ralph Wilson is 94, and the Bills seemed to be inching further away from Buffalo every season. "Home" games in Toronto's Rogers Centre every…
According to public records, Lindsey Vonn owes more than $1.7 million to the IRS in "delinquent federal taxes."
Those of you who are not Darryl Strawberry will be spending the next few days on your tax returns. Here are a few practical things—and a number of not-so-practical things—that every sports fan should know about his or her taxes.
Over the summer, we learned that former NBA player Latrell Sprewell was officially Wisconsin's worst tax scofflaw, thanks to the state's public list of the top 100 delinquent taxpayers. Back then, Sprewell owed more than $3.5 million—but as of this week, he's no longer on the list. Anthony Mason, who last played with…
Infographics: we have them! Click to enlarge. Turns out that by moving to a state with one of the highest income tax rates in the nation, Albert Pujols has a legitimate claim to not worrying about the extra "$3 or $4 million a year" he's getting from the Angels. Meanwhile, the zero state income tax is the reason every…