Wednesday, June 23, 2010

Reggie Bush and the IRS

Paul Caron, who always has his eye out of a sports/tax link, reports on efforts by the IRS and California to recover back taxes on the benefits Reggie Bush received from an agent while at USC. The NCAA's infraction report found that Bush received about $300, 000 and may owe (with interest and penalties) as much as $ 200,000.