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World News Story: Tax Law Eats Into Pro Athlete Paychecks

Professional athletes may lose tens or hundreds of thousands of dollars due to the alterations made to a tax law earlier this year, MarketWatch reports. Individuals are no longer able to deduct more than $10,000 from their state and local taxs. They also cannot take itemized deductions for work expenses or investment fees. Players in…


Posted: 2018-12-07 15:45:14

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But about 20 years back, it was a whole different story. At the dawn of the 1980s, the team was slowly sliding off the American sports horizon, even as the NBA began flowering into a televised cult of ...

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World News Story: Tax Law Eats Into Pro Athlete Paychecks ...

(Fri, 07 Dec 2018 20:46:00 GMT)

One of the worst examples of an athlete being cheap with tipping is the story of Derrick Coleman. The former NBA star led a group of six to a restaurant and they had a great time consuming and actually overspending on their meal.

Global News Report on Twitter: ""#WorldNews Story: Tax Law ...

(Fri, 07 Dec 2018 20:54:00 GMT)

Global News Report @robinsnewswire Flying the web for trusted world news reports and shopping discounts 24/7. Retweeting for opinions, useful information, and the many voices of Twitter.

7 News Special Report: 'What Farmers Face' - WWNY-TV

(Tue, 27 Feb 2018 14:41:00 GMT)

The plight of the dairy farmer is not a new one, but it's possibly the worst it has been in generations. In the first of a two part special report, 7 News reporter Garrett Domblewski tells us ...

Alex Rodriguez gets CNBC pilot to help broke athletes - NY ...

(Tue, 17 Jan 2017 02:11:00 GMT)

"It's a story we hear all too often. A pro athlete heads into retirement, only to find themselves in financial free-fall. With no more games to play or big paychecks to cash, the future can often ...

Top 20 Athletes Who Are Incredibly Cheap | TheSportster

(Fri, 30 Nov 2018 20:33:00 GMT)

One of the worst examples of an athlete being cheap with tipping is the story of Derrick Coleman. The former NBA star led a group of six to a restaurant and they had a great time consuming and actually overspending on their meal. The six spent over $700 in food and alcohol which would lead many to assume Coleman isn’t cheap.

The Portland Winterhawks Ask Lawmakers for an Exception to ...

(Wed, 24 Jan 2018 13:41:00 GMT)

Instead of regular paychecks, players for the Winterhawks get room and board and earn college scholarships. Because players are classified as amateurs, they aren't eligible for standard employment ...

Pro athletes' pads: Towering hilltop mansion with over-the ...

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A Portland professional athlete scored on a towering hilltop house with a cantilever pool deck that was once listed at close to $6 million. It sold for $3.15 million in August.

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“Eats a lot of gas, but it gets me back and forth.” And after jumping from one friend's house to the next, Thumper found a home close to work. Randy adds that most of the bills have been paid off.

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