So it's the Monday after the Super Bowl and most of you are suffering from some kind of hangover. Whether it was caused by food, booze or you're simply wallowing in a lack of a Peyton Manning comeback, this day should really be a national holiday (even non-football fans can agree on that notion). Melancholy, indigestion and cocktail flues aside, the other certainty that comes with the SB is gambling. And we're not talking friendly-poker-game gambling, we're talking recklessly wagering on every single aspect of the biggest spectacle in sports gambling. Two of the most creative wagers we've seen so far was the betting on rating for the Focus on the Family (featuring Tim Tebow and Mamma Tebow!) ad and the betting the spread between Kim Kardashian's measurements and Reggie Bush's rushing and receiving production. Both of which are completely ridiculous, yet sheer genius. Regardless of where you put your money yesterday (we took the overs on Archie Manning appearances and lost), there are plenty of big winners from yesterday's game. And now that we have a government who is feverishly trying to close a deficit gap, the question remains: will the IRS more aggressively pursue taxpayers for their unreported gambling winnings? If you're a degenerate loser than this obviously doesn't apply to you but if you're lucky enough to find some extra scratch in your pocket, you're legally obligated to report that income next year. Our government is looking for solutions anywhere possible, so it's entirely possible that you could find yourself on the wrong end of an IRS-issued shotgun if you're leaving your winnings off next year's 1040. Look, it's not that crazy and the pols need all the ideas they can get. You've been warned.
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An accountant for a Jersey City church was arrested today on charges he swindled the house of worship out of more than $40,000 by pocketing tax payments and spending some of the money in casinos and restaurants, officials said.
“A bond of trust has allegedly been broken with these parishioners,” said Hudson County Prosecutor Edward DeFazio of the charges against Hector L. Sanchez, 59, of Jersey City.
The accountant for the Fountain of Salvation Christian Church on Communipaw Avenue was arrested in South Orange this morning and charged with theft by failure to make required disposition, DeFazio said.
Wouldn’t think it to look at the guy.
Jersey City man accused of stealing $40K from church funds [NJ.com]
