[mikelowry]

Quote: Originally Posted by ODogg

We were discussing him and the IRS. Selling the rosters and all that, well who knows. Getting $80,000 or whatever the hell he really made off of selling them and not reporting that income to the IRS is most certainly illegal.

Oh, I was confused by your "wheels spinning" reference. I couldn't tell if that was directed towards NCAA infractions or IRS infractions or like you've already got something cooking with the IRS or NCAA?

If he didn't pay taxes on $80,000 then he'd be in come trouble with the IRS. It appears he's an LLC (Limited Liability Corporation) so his personal assets could not be touched usually. IRS can go back as many as 7 years and the general rule is pay back what you owe plus 12%...

So as you can see $20k in unpaid taxes @ 12% per year can add up quickly.

My question for Fairdale is what in the world got him going on rosters in the first place, and does he have good typing skills lol.