Last season, the NFL generated $10.5 billion in revenue, of which a solid $1 billion was profit. That’s a lot of money. And yet despite basically being able to fill a Scrooge McDuck tower thousands of times over, the NFL has been a tax-exempt non-profit organization — until today. [More]
non-profits
After Decades Of Raking In Mountains Of Money, NFL Finally Decides To Abandon Not-For-Profit Status
Donate To Consumerist And Get A Tax Deduction
Tax Cat here, taking over from my cousin Holiday Cat, to remind you of an important deadline: You have until midnight on Friday to make a donation to Consumerist and use it as a deduction on your 2010 taxes. Consumerist? Tax deduction? That’s right. Consumer Media LLC, a not-for-profit Delaware limited liability corporation, publishes The Consumerist. We’re looking to raise $10,000 in the next few weeks. Help us now, and 2011 will be an even more awesome year for this site. That is why you should give us some money. Also: there are other reasons. [More]
Walmart Rips Off Girl Scout Cookies
Walmart is selling cheap knockoffs of Girl Scout signature Thin Mint and Tagalongs cookies, says a former Cookie Mom and blogger CV Harquail. She writes, “It’s not discriminating against women, strong-arming suppliers, polluting neighborhoods or racing to the bottom of the China Price. No, this time, it’s closer to home, and in my case, really close to home. This time … Walmart is knocking off the Girl Scouts.”