Messi & Ronaldo Accused of Tax Evasion Americans love a champion, and every year, sports fans get to see new champions crowned. We've got a World Series, a Super Bowl, and NBA finals that drag on for months. We've got the Kentucky Derby, the Indianapolis 500, and...
Profit & Tax Blog
Tax Collectors Target “Netflix and Chill”
Chicago Residents Pay 'Amusement' Tax A generation ago, "serious" filmmakers flocking to Hollywood set their sights on movies, not television. Visionary directors like Martin Scorsese and Francis Ford Coppola redefined their craft with a new generation of...
Don’t Drink the Kool-Aid
Tech CEO Creates New Religion Cryptocurrencies like Bitcoin, Bitcash, and Ethereum rest on a foundation of "blockchain": a continuously growing public transaction ledger consisting of records called "blocks" that are linked together and secured using cryptography....
More Important Than Taxes?!?
Chipotle Moving HQ - Big Tax Implications! Last month, we wrote that New York money manager AllianceBernstein is moving its headquarters and 1,100 employees from a slick black Manhattan skyscraper to the steaming concrete jungles of Nashville, TN. It's going to be...
Manly Men Doing Manly Things in a Manly Way
Back in the early 80s, a group of Democratic legislators decided to room together to cut the cost of staying in Washington for the three nights or so per week that Congress is in session. The motley crew included Representative George Miller of California (owner of...
IRS Scuttles Tax Breaks for Pirate Victims
Do Pirates Still Exist? It's 1715 in the Caribbean and the Golden Age of Piracy is at its peak. The War of Spanish Succession is over, and thousands of privateers are left without gainful employment. From bases hidden away in the Bahamas, buccaneers like "Calico" Jack...
She Did It!
Early on Saturday morning, 29 million Americans woke up to take a break from school shootings, Russian collusion, and partisan gridlock to watch a California woman achieve a rare fantasy. The woman in question watched the sun rise as plain old Meghan Markle. But by...
Have You Taxed a Ford Lately?
Losing Production Time Impacts Company Profits But Also Millions In Tax On May 2, fire broke out at the Meridian Magnesium Products of America plant in Eaton Rapids, Michigan. The factory supplies components to Audi, BMW, Daimler, Fiat, GM, Tesla, Jaguar and Mercedes....
Free Agent Scores Spicy Signing Bonus
Corporations Can Play "Free Agent", Too Baseball is back in swing, and several teams have already made it clear that they won't be contending for playoff berths. The Cincinnati Reds are leading that sorry pack, the first team to lose 20 games in the season. But the...
No Business Like Shvo Business
He Dodged More than $1 Million in Taxes The lights of Broadway have long shone bright as the show business capital of the United States. (Hollywood may have the movies, but it's just not the same. And Vegas? Puh-leaze.) New York theatres attract millions of visitors...













