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Lamar Odom to IRS: Fines are a business expense...

Discussion in 'Sports and News' started by TigerVols, Nov 9, 2010.

  1. TigerVols

    TigerVols Well-Known Member

    LO is a one smart cookie...

    http://blogs.forbes.com/williampbarrett/2010/11/09/lamar-odom-seeks-tax-deduction-for-nba-fines-and-fitness-fees/
     
  2. Stitch

    Stitch Active Member

    Interesting move, but logical. What does he get for $175,000 in fitness fees? I assume a chef is part of the deal.
     
  3. spnited

    spnited Active Member

    Players have been deducting fines as business expense for years.
     
  4. poindexter

    poindexter Well-Known Member

    Declares his slick Web site, “Lamar has experienced more breathtaking highs and shattering lows than most people can imagine.”

    [​IMG]
     
  5. Mizzougrad96

    Mizzougrad96 Active Member

    I remember one telling me after a big fine, "I can write it off."

    I have no idea if that's true.

    I might be totally wrong here, but doesn't the money from fines go to charities?
     
  6. Gator

    Gator Well-Known Member

  7. BDC99

    BDC99 Well-Known Member

  8. linotype

    linotype Well-Known Member

    "His erection lasted for well over four hours but it turned out to be rigor mortis."
     
  9. Mr. Sunshine

    Mr. Sunshine Well-Known Member

    That is terrible ... and hilarious.
     
  10. BDC99

    BDC99 Well-Known Member

    No shit. Very rarely does anything I read here make me laugh out loud in the office.
     
  11. Chef2

    Chef2 Well-Known Member

    I bow in your general direction.
     
  12. Songbird

    Songbird Well-Known Member

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