How much will it cost you in additional income tax dollars to play in Canada? With professional sports leagues operating in both Canada and the US, athletes and their representatives should understand the international income tax consequences of playing across the border. Failure to do so could cost hundreds of thousands of dollars in additional […]
With the large fines being imposed by the National football League this past month as well as the talk of possible suspensions in the future for head-to-head tackles, I decided to review the tax implications for both fines and suspension to learn which scenario has the best tax consequence for athletes. This article will address […]
In a time when budget crunches have increased the need for revenue among states, Massachusetts has offered their taxpayers the unique opportunity to assists the state by paying more in taxes. Although the state income tax rate in Massachusetts is officially 5.3%, the state provides the opportunity for residents and non-residents to pay income tax […]
