Category Archives: Tax Issues

State Tax Burdens and the NFL Player – Watt vs. Manning


When J.J. Watt (pictured on left) the 2012 NFL Defensive Player of the Year suits up to face the Jacksonville Jaguars on December 5, 2013, the Houston Texans’ defensive lineman will try and help his team win a road game. Even if Watt fails to record a sack of the opposing quarterback or if his favored team fails to win the game, Watt will still have successfully tackled the “state tax man.” Continue reading

Tax Considerations of Winning the Lottery

Lotto Trouble coverImagine you win a large lottery jackpot. Untold and unexpected millions will cascade down upon you. You show up at a news conference and a reporter asks the question, “What are you going to do with your winnings?” Continue reading

Tax Implications of Same Sex Marriage

Fordham EmblemThe recent Supreme Court decision in United States vs. Windsor is a real game changer for same sex couples who are legally married. This decision will confer on these couples the same rights, privileges, or detrimental treatment, that federal tax law currently imposes on heterosexual couples. Continue reading