Long you live and high you fly And smiles you'll give and tears you'll cry And all you touch and all you see Is all your life will ever be.
There is a major problem there that is mentioned. He was already taxed on it. This will make him giving it back much more difficult.
I wonder if the organization is the one that actually found it, or if they were clueless until Westbrook's accountants found the error while doing his taxes.
Man, I notice when $20 is unaccounted for in my checking account. Must be really nice to accidentally misplace a seven digit amount without noticing for a while.Originally Posted by YardRat
That is something of an income tax nightmare. How exactly do you report "giving back" $3 Million? Is it possible to file a negative income? Or does he have to claim a capital loss, which allows him to deduct $3000 / year in his itemized deductions? heh, that would really suck.
Still searching for that offensive rhythm.