NFL Drops Tax-Exempt Status

In Tax News by Daniel Friedel

This week, in a statement to Congress and team owners, NFL commissioner Roger Goodell announced that the National Football League will voluntarily give up its federal tax-exemption status. Since the announcement, two questions remain: (1) who volunteers to start paying federal income taxes? and (2) the NFL had a pass from paying taxes, seriously?! Whats the Play? In light of the …