Football, Going Concern, Sports, Tax Law, Television

A Tax Break For Burning Down Your House? Yep. That Sounds Like A Buckeye To Me.

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Kirk Herbstreit, ESPN commentator and former quarterback of The Ohio State University football team, let the fire department burn down his house. As fans from Michigan know, this is classic Buckeye behavior.
Herbstreit thought he’d get a tax deduction for his charitable gift of flammable substances. “Not so fast, my friends.”
Click on the link below to read the full story.
IRS Doesn’t Care for Kirk Herbstreit Burning Down His Own House [Going Concern]

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