Category Archives: IRS

Richard Dent owes IRS over $1.1 million

Posted on April 27, 2011 by Roy Kessel

Newly elected Hall of Famer Richard Dent owes more than $1.1 million in delinquent federal taxes to the IRS, according to public records and a report by the Detroit News. The former Chicago Bears defensive end had a $1,160,056 tax … finish reading Richard Dent owes IRS over $1.1 million

Posted in Athletes, Daily Digest, Football, Hall of Fame, IRS, NFL, Taxation | Leave a comment

Kansas ticket official sentenced to almost 4 years

Posted on April 11, 2011 by Roy Kessel

A former consultant for the University of Kansas has been sentenced to nearly four years in prison for his part in a $2 million ticket scalping conspiracy that he helped to conceal according to this AP report. U.S. District Judge … finish reading Kansas ticket official sentenced to almost 4 years

Posted in Arrests, College Sports, Daily Digest, Financial crimes, IRS, Police Blotter, Ticket Prices, Universities | Leave a comment

Fiesta bowl advises IRS it will review political contributions

Posted on February 18, 2011 by Roy Kessel

The Fiesta Bowl has told the Internal Revenue Service it is reviewing political campaign contributions and whether key bowl officials received excessive benefits according to an AP report. The Arizona Republic reports the disclosures appear in the bowl’s 2009-2010 federal … finish reading Fiesta bowl advises IRS it will review political contributions

Posted in Bowls, College Football, Daily Digest, Football, IRS | Leave a comment

PAC targets Orange Bowl; seeks IRS involvement

Posted on January 10, 2011 by Roy Kessel

The Playoff PAC has brought the Orange Bowl into its sites with a focus on the Orange Bowl Summer Splash. Playoff PAC filed a complaint with the IRS regarding the cruise hosted by Orange Bowl organizers for athletic directors and conference … finish reading PAC targets Orange Bowl; seeks IRS involvement

Posted in BCS, Bowls, Charities, College Football, Daily Digest, Football, IRS, NCAA, National Gov. Bodies, Universities | Leave a comment

Steinbrenner trust may be hurt by estate tax loophole

Posted on October 5, 2010 by Roy Kessel

When estate plans are set up for the ultra wealty, they typically try to protect all value created during their lifetime by using the exemptions which are in place.  These same exemptions may also cause them to lose some of … finish reading Steinbrenner trust may be hurt by estate tax loophole

Posted in Baseball, IRS, MLB, Officiating, Owners, REPURCUSSIONS, Suspensions, Taxation | Leave a comment

Senator wants to tax FBS schools

Posted on October 4, 2010 by Roy Kessel

Senator Charles Grassley wants the IRS to pursue taxing the athletic departments at FBS schools under the belief that these entities are not serving their tax exempt purposes.  As the head of the Senate Finance Committee, Grassley has asked schools … finish reading Senator wants to tax FBS schools

Posted in College Football, College Sports, Commissioners, Conferences, IRS, NCAA, Universities | Leave a comment