Whether the Chiefs win or Lose the State of Missouri is the big winner on Sunday. Introduction Win or lose the State of Missouri will cash in this weekend with the Kansas City Chiefs appearance in this year’s Super Bowl. With the game being played at Raymond James Stadium in Tampa Bay and in a state […]
Blog Posts Tagged with "Super Bowl"
Although all income is subject to federal tax, where the bonuses from this year’s NFL playoffs and Super Bowl becomes interesting is at the state level. With this year’s Super Bowl in Tampa, Florida, a state that does not levy income tax, this does not mean that Patrick Mahomes and his teammates will not face state tax issues regarding this year’s bonus.
As the Los Angeles Ram’s advance to his year’s Super Bowl the State of California ends up the ones paying! INTRODUCTION When the Los Angeles Rams defeated the New Orleans Saints in overtime to advance to this year’s Super Bowl in Atlanta Georgia, Saints fans were not the only ones who mourned the loss, the […]
Introduction As Tom Brady leaves Minneapolis empty handed following a disappointing loss to the Philadelphia Eagles in Super Bowl LII (52), he soon could be met with a substantial tax bill from the State of Minnesota to be paid next April 15th. All athletes are subject to the jock tax, but it should be noted […]
Introduction When taxpayers from Minneapolis and the state of Minnesota contributed $498 million of the $1.027 Billion to build US Bank Stadium, they envisioned days like Sunday, when the stadium will be the location of Super Bowl LII (52). However, the 66,665 fans in attendance and a worldwide television audience will not be the only […]
Even though Tom Brady lowers his non-resident tax by over $20,000 by playing in this year’s Super Bowl in Texas, his home state of Massachusetts will make him pay, win or lose Although all income is subject to federal tax, where the bonuses from this year’s NFL playoffs and Super Bowl becomes interesting, is at […]
Peyton Manning is going out in style with two last wins. One over the Carolina Panthers in the Super Bowl and the other over the California Tax Board. Situation: This past off-season, Peyton Manning restructured his contract and converted a portion of his base salary into $4,000,000 in performance bonuses. By winning the Conference […]
Cam Newton eyes a Super Bowl ring while California has visions of taxing his salary. This Sunday at Levi Stadium in Santa Clara California, in addition to the 75,000 fans at the game and an expected television audience of over 188 million, the action on the field will also attract the attention of tax authorities […]
Peyton Manning eyes a second Super Bowl ring while New Jersey has visions of taxing his salary. This Sunday, fans of the National Football League (NFL) will not be the only ones paying attention to the players in this year’s Super Bowl. Tax authorities from the State of New Jersey will also be keeping a […]
January 1, 2012
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