Archive for Taxation

4 results.
Sep05

Is Legalized Sports Betting Coming to a State Near You?

by caseyjohnson on September 5, 2012 at 9:09 AM
Posted In: Business Organizations, Entertainment, Internet, Journal, Law, MLB, NBA, NCAA, News, NFL, NHL, Other Law, Other Sports, Sports, Taxation

In early August, the MLB, NBA, NHL, NFL and NCAA sued New Jersey claiming the state’s plan to allow sports betting violates federal law and threatens the “character and integrity” of sporting events. The leagues say New Jersey’s proposed legislation […] ↓ Read the rest of this entry…

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Mar27

Ja Rule May Go to Prison For Tax Evasion

by Bethany Litwin on March 27, 2011 at 2:58 PM
Posted In: Entertainment, Law, Music, Taxation

In the latest celebrity tax case, rapper Ja Rule has admitted to failing to pay taxes on approximately $3 million in income and may face up to three years in federal prison. Ja Rule joins the ranks of several other […] ↓ Read the rest of this entry…

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Jan25

Taxe$…. WHHHAAATTT??

by Kellen Bradley on January 25, 2011 at 7:39 AM
Posted In: Bankruptcy, Entertainment, Law, Movies, Music, Other Entertainment, Taxation, TV

It’s hard to believe that celebrities and musicians, who work so hard for their money (or hardly work?), somehow think the Federal Government isn’t going to notice if they’re stiffed their share.  These media icons serve as role models to the masses, but while […] ↓ Read the rest of this entry…

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Oct04

BCS Games Accused of Abusing Tax-Exempt Status

by ericwrobinson on October 4, 2010 at 4:21 PM
Posted In: Law, NCAA, Sports, Taxation

The anti-BCS group Playoff PAC has filed a complaint with the Internal Revenue Service accusing certain BCS bowls of abusing their 501(c)(3) tax-exempt status.

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