Fines vs. SuspensionsWith a rash of suspensions and fines among NHL players this past month, we explore the tax consequences of these two forms of punishments...
Fines from Leagues and TaxationWere you fined by your team or the league this past year? The Internal Revenue Service [IRS] considers fines an ‘ordinary and necessary’...
Not Playing, But Still PayingThe Cautionary tale of Darryl Strawberry’s Battle with the IRS Darryl Strawberry’s tax and financial troubles tell a cautionary tale...
Are Suspensions More Beneficial?With the large fines being imposed by the National football League this past month as well as the talk of possible suspensions in the...