Saturday, March 9, 2013

Former NFL Player owes $4.6 million to IRS

   Bill Romanowski retired after 16 years with the NFL, playing for the Niners and the Raiders at one time, apparently invested $14 million plus in a horse breeding company.

   The IRS now says it was a not-for-profit that went sour and the deductions he took over 6 years are not deductible. Therefore, he owes, he owes, he owes.

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