I hate to be a complete cynic here...... but has anyone else noticed the HUGE increase in athletes that set up free camps or their own foundation announced about every other week on the web.
Like I said... don't mean to be cynical..... but I can't help but believe their is some tax advice going in the "gray area" of the IRS tax code that's behind all these free camps and non-profit foundations.
I know.... I know.. lots of athletes want to give back to their community. I don't question that at all, but come on............. there are thousands of foundations out there, not everyone has to set up their own.
Anybody know the scoop?
Like I said... don't mean to be cynical..... but I can't help but believe their is some tax advice going in the "gray area" of the IRS tax code that's behind all these free camps and non-profit foundations.
I know.... I know.. lots of athletes want to give back to their community. I don't question that at all, but come on............. there are thousands of foundations out there, not everyone has to set up their own.
Anybody know the scoop?
