View Single Post
Old
11-29-2012, 07:24 PM
  #107
Alicat
City of Champions!
 
Alicat's Avatar
 
Join Date: Jul 2005
Location: Titletown
Country: United States
Posts: 24,132
vCash: 500
If they were given as gifts then anything over $13k is taxed by the Federal Govt at 35%. You would also be taxed the same amount by the Commonwealth of MA.

The rings were around $30k each and employees were taxed on $17K. Jacobs was following the law.

__________________
The Butler did it. In the end zone. With a pick!

I am Boston Strong
6.15.11
4.15.13

Alicat is offline   Reply With Quote