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

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TigerVols

Well-Known Member
Joined
Feb 25, 2003
Messages
24,519
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/
 
Interesting move, but logical. What does he get for $175,000 in fitness fees? I assume a chef is part of the deal.
 
Declares his slick Web site, “Lamar has experienced more breathtaking highs and shattering lows than most people can imagine.”

images
 
spnited said:
Players have been deducting fines as business expense for years.

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?
 
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Go ahead and heap scorn on me:

While I am fighting the traffic everyday and working the salt mines every day to provide for my family, I really don't give a **** about a guy ODing on a weeklong **** bender at the bunny ranch.
 
If you ever send me to a site named "yahoo celebrity" again, I will reach in to the interwebs and strangle you.

DW got a tip on that site while he was palling around at a North Clark Street bar yesterday afternoon ...
 
Tell the truth, you hang at the same Chicago bars that Richard Marx does.
 
My wife and I went to the bar at Shaw's Crab House and had a drink and seafood cocktail appetizer this summer.

You guys been there?
 
My wife and I went to the bar at Shaw's Crab House and had a drink and seafood cocktail appetizer this summer.

You guys been there?

I have. My office has a big shindig there every summer for the new interns. The place I've spent the most time in in the city is a little hole-in-the-wall on Dearborn near the South Loop called "Brando's." It's modeled after a speakeasy, and has a front and back bar. $2 Old Styles. I would meet my one friend from law school there when he was clerking at the federal courthouse.
 

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