IRS Claims Its Share of Olympic Gold, Silver, and Bronze

As the medal count increases for U.S., Chinese, and other athletes at this summer’s Olympic Games in London, all that hardware is generating significant tax obligations.  Alex Knight is a partner with the Atlanta tax and accounting firm Habif, Arogeti & Wynne, LLP.  In a recent conversation, WABE’s Steve Goss talked with Mr. Knight about the financial aspects of Olympic competition, and how the definition of being an ‘amateur competitor’ has changed…

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