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Tax trouble ahead for youth sports leagues?
LorisKnight
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8-31-2007 6:31 AM
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business
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sports
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taxes
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/4e019410-3edd-4173-8b56-f42c0de596f3/58195C2B-02EB-4797-BBEF-DC77574EE681/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://dontmesswithtaxes.typepad.com/dont_mess_with_taxes/2007/08/tax-trouble-ahe.html" href="http://dontmesswithtaxes.typepad.com/dont_mess_with_taxes/2007/08/tax-trouble-ahe.html" style="font-size: 11px;">dontmesswithtaxes.typepad.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://dontmesswithtaxes.typepad.com/dont_mess_with_taxes/2007/08/tax-trouble-ahe.html"><SPAN>Congratulations to the young boys of summer from Warner Robins, Ga., who won this year's Little League World Series championship. Those kids sure knew how to make it exciting, with a <A href="http://sports.espn.go.com/sports/llws07/news/story?id=2992252" target="_blank">walk-off home run</A>.</SPAN></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://dontmesswithtaxes.typepad.com/dont_mess_with_taxes/2007/08/tax-trouble-ahe.html"><SPAN><IMG border="0" src="http://dontmesswithtaxes.typepad.com/photos/uncategorized/2007/08/29/little_league_pitch_2.jpg" title="Little_league_pitch_2" alt="Little_league_pitch_2" /> And yes, my congratulatory post would have been on the blog immediately after Sunday's game instead of four days later if the Little Leaguers from Lubbock had been the champs. But they still deserve applause for <A href="http://www.kcbd.com/Global/story.asp?S=6984138&nav=3w6y" target="_blank">taking third in the tournament</A>.</SPAN></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://dontmesswithtaxes.typepad.com/dont_mess_with_taxes/2007/08/tax-trouble-ahe.html"><SPAN> I love football -- <NOBR>Texas, you</NOBR> know. <NOBR>Babies wrapped</NOBR> in <A href="http://www.dallascowboys.com/" target="_blank"><NOBR>Dallas Cowboys</NOBR></A> blankets as soon as they are born and all that. -- but I really, really like baseball. And the Little League series, along with <A href="http://dontmesswithtaxes.typepad.com/dont_mess_with_taxes/2007/07/sports-break.html">Cal Ripken</A>'s camps and competitions, are a good way for kids to participate in the "nicer," per comedian George Carlin's <A href="http://www.baseball-almanac.com/humor7.shtml" target="_blank">commentary</A>, sport.</SPAN></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://dontmesswithtaxes.typepad.com/dont_mess_with_taxes/2007/08/tax-trouble-ahe.html"><SPAN><STRONG><SPAN>Who's on first? The IRS:</SPAN></STRONG> Too often, though, adults mess things up. We all know about the poor sportsmanship of some parents. Now we have tax and administrative issues being mishandled by the organizing grownups. </SPAN></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/58195C2B-02EB-4797-BBEF-DC77574EE681/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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