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Why Washington, DC Will Never Have A Jock Tax
Today, Washington, DC will see its first postseason baseball game since 1933. One of the benefits a state (and sometimes city) gains when one of its teams makes the playoffs is unplanned tax revenue
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The Truth on Taxation of Olympic Gold Medals
Controversy arose this week when Americans for Tax Reform (ATR) produced an analysis which stated that gold medal winners would return to the United States to face a tax bill of $8,986 as a
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The Open Championship, A Taxing Golf Tournament
With the British Open…er…The Open Championship getting underway yesterday, now is a good time to review the UK’s taxation rules on non-resident athletes. Not only will the golfers in this week’s tournament be liable
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New Orleans Hornets $37M Tax Break Approved
The New Orleans Hornets will receive a projected $37 million tax break over the next 10 years after the Louisiana senate passed legislation to keep the team at home in the Bayou. With a
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Top NFL Draftees’ Tax Considerations
Probably the worst-kept secret in sports ahead of tonight’s NFL draft is that Andrew Luck will be taken by the Indianapolis Colts and Robert Griffin III will be playing for the Washington Redskins. As
Read More »Nothing ‘EZ’ About Athlete Tax Return
Because of the prevalence of the jock tax, athletes and their tax preparers have much to contemplate when filing their returns. Below is a list of four major considerations when preparing athlete tax returns:
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