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Sadly, no mulligans from the IRS

12:53 pm by Rob Wilson

CARY, NC - SEPTEMBER 25:  Jim Thorpe watches his drive during the first round of the SAS Championship at Prestonwood Country Club held on September 25, 2009 in Cary,  North Carolina.

Pro Golfer Jim Thorpe Faces Prison After Failing to Pay Income Taxes

Thorpe, who won three times on the PGA tour and has had even greater success on the champions tour, pleaded gulilty to failing to pay over $2 million in income taxes.

He faces a maximum of 2 years in prison and a $4.1 million fine.

Income tax  is one of the first things that professional athletes and entertainers must make sure is taken care of.  Aside from tax evasion being against the law, their returns are very easily targeted by the IRS.  Remember when Richard Hatch won Survivor and thought he could get away with not paying the taxes on his winnings?

Filed Under: Blog Posts, Taxes

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