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re: NCAA met with Cecil, Cam and Mama Newton
Posted on 11/13/10 at 12:04 pm to BamaScoop
Posted on 11/13/10 at 12:04 pm to BamaScoop
quote:
Sounds like they are all trying to get their story straight. I think Cecil is going to just say frick it and tell the truth that Auburn paid him. It's not a criminal act, he can't go to jail for accepting money I dont think.
It could be a criminal act in the eyes of the IRS
4
Posted on 11/13/10 at 12:17 pm to sugatowng
quote:
It could be a criminal act in the eyes of the IRS
If it went to his church, he is fine. If he accepted it personally before December 31st 2009, he would be in trouble, but if the payments began this year, he still can file an appropriate tax return.
LMAO if Cecil got paid and files a 1040-EZ like nothing happened. He should use some of that 200k to get a good CPA and possibly a tax lawyer.
Posted on 11/13/10 at 12:17 pm to sugatowng
quote:
It could be a criminal act in the eyes of the IRS
just pay the tax in April
Posted on 11/13/10 at 12:55 pm to sugatowng
quote:
It could be a criminal act in the eyes of the IRS
nope. the boosters gave directly to a church 501C3. quite ok.
but its a felony to do extortion, which the FBI thinks this may be.
this can have a very sad ending, with both father and son in orange jump suits.
Posted on 11/13/10 at 1:47 pm to sugatowng
quote:
It could be a criminal act in the eyes of the IRS
That's his biggest worry.
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