Boston Bruins taxed employees who received Stanley Cup rings

[tikigods 76]

Shocker. The Jacobs are the cheapest focks on this planet. Why people in Boston follow these dbags is beyond me.

 

Vancouver sports radio host Matthew Sekeres tweeted out an interesting lead today:

 

“Am told by 2 NHL sources that #Bruins owner Jeremy Jacobs forced employees to pay tax on 2011 Stanley Cup rings. About $7K per ring. Some support staff couldn’t afford the tax up front, so players stepped up and covered the cost so they could get rings too.”

 

Read more at http://www.rantsports.com/nhl/2012/11/29/nhl-rumors-did-the-boston-bruins-pay-taxes-on-stanley-cup-rings/#hOUxpsz7z5tg9yfv.99

[titans&bucs&bearsohmy! 2,745]

I would think you would have to pay tax on it... it is something if value...

[tikigods 76]

I would think you would have to pay tax on it... it is something if value...

 

The owners usually cover that. The Jacobs are focking cheap dbags.

[MedStudent 56]

Shocker. The Jacobs are the cheapest focks on this planet. Why people in Boston follow these dbags is beyond me.

You follow a team because of the players and the players stepped up big time. Class players unlike those French slobs up north,

[Mile High Drunk 13]

We are better without hockey anyway.

[tikigods 76]

You follow a team because of the players and the players stepped up big time. Class players unlike those French slobs up north,

 

The ones with 24 Stanley Cup rings?

[MDC 7,099]

We are better without hockey anyway.

 

:thumbsup;

[Thornton Melon 603]

Shocker. The Jacobs are the cheapest focks on this planet. Why people in Boston follow these dbags is beyond me.

 

 

 

Geez, I always followed them because I love hockey and they're my local team. But that's just me.....

 

That said, the Jacobs' have always been the cheapest bastages in the sports world. What's more, they never gave a rat's ass about hockey.

 

Tax question: Couldn't they just have said the rings were gifts? Jacobs wouldn't have to pay gift taxes because the value would be under the $1.5 million (or whatever it is these days) exclusion. If the rings were less than $10K, he wouldn't even have to file gift tax returns. Which makes me wonder what the value of the rings actually is. Is the article saying the employees owed $7K in taxes??? That would mean the rings are worth ~$28K.

[tikigods 76]

Geez, I always followed them because I love hockey and they're my local team. But that's just me.....

 

That said, the Jacobs' have always been the cheapest bastages in the sports world. What's more, they never gave a rat's ass about hockey.

 

Tax question: Couldn't they just have said the rings were gifts? Jacobs wouldn't have to pay gift taxes because the value would be under the $1.5 million (or whatever it is these days) exclusion. If the rings were less than $10K, he wouldn't even have to file gift tax returns. Which makes me wonder what the value of the rings actually is. Is the article saying the employees owed $7K in taxes??? That would mean the rings are worth ~$28K.

 

I grew up rooting for all Boston sports except the Bruins. The Jacobs are cheap as fock and care little about their fans. They're lucky to have Peter Chiarelli as their GM. He is a good guy and a great GM.

 

Rumor has it they made everyone who received a ring pay the taxes on it. All other ownership groups cover the tax, such as the Red Sox, Celtics, and Patriots.

 

40 years to win a ring and they can't even do that right. Fvcking tards.

[JT 137]

All other ownership groups cover the tax, such as the Red Sox, Celtics, and Patriots.

 

 

Entitlements.

[Reality 3,086]

We are better without hockey anyway.

 

Are we without it? Who knew?

 

[Bert 1,128]

Tax question: Couldn't they just have said the rings were gifts? Jacobs wouldn't have to pay gift taxes because the value would be under the $1.5 million (or whatever it is these days) exclusion. If the rings were less than $10K, he wouldn't even have to file gift tax returns. Which makes me wonder what the value of the rings actually is. Is the article saying the employees owed $7K in taxes??? That would mean the rings are worth ~$28K.

 

Gift tax exclusion for individuals in the US is $13,000 per individual. I believe in an employee employer relationship a company has to with hold income tax on any "gift" over $50. The gift is viewed as compensation.

[TimmySmith 2,782]

Give the rings back.

[tikigods 76]

Give the rings back.

 

Tim Thomas melted his down into a tin foil hat.

[Frozenbeernuts 2,101]

Gift tax exclusion for individuals in the US is $13,000 per individual. I believe in an employee employer relationship a company has to with hold income tax on any "gift" over $50. The gift is viewed as compensation.

I get a $75 credit from my company for work boots, the gov taxes me on it. Kind of double taxing really. I get paid the $75 in which I get taxed for income, I buy the boots and get taxed on the $75, then when my company reimburses me I get taxed on the $75 again.

[tikigods 76]

I get a $75 credit from my company for work boots, the gov taxes me on it. Kind of double taxing really. I get paid the $75 in which I get taxed for income, I buy the boots and get taxed on the $75, then when my company reimburses me I get taxed on the $75 again.

 

We're talking about a gift that was given to employees....then after they gave them the "gift" they attached a bill to it.

 

Typical Bruins.

 

Sort of like Tim Thomas refusing to go to the White House with his team because of his individual rights.

 

Boston can't win anything without somehow fvcking it up being stupid.

[Blitzen 0]

You follow a team because of the players and the players stepped up big time. Class players unlike those French slobs up north,

 

Yeah cause Milan Lucic is ALL class.

[tikigods 76]

Yeah cause Milan Lucic is ALL class.

 

Fvcking goons. I can't even figure out one player on that team I would want in Montreal.

[drobeski 3,061]

Fvcking goons. I can't even figure out one player on that team I would want in Montreal.

The Canadians

[tikigods 76]

The Canadians

 

Doofus.

 

I'm the only person who voted for your dumb, Pollack ass in the GOTY poll.

[Bert 1,128]

I get a $75 credit from my company for work boots, the gov taxes me on it. Kind of double taxing really. I get paid the $75 in which I get taxed for income, I buy the boots and get taxed on the $75, then when my company reimburses me I get taxed on the $75 again.

 

The credit/reimbursement the company gives you is only taxed once unless your company is screwing you.. The taxes on the purchase are state and local taxes not federal taxes.

[MDC 7,099]

Did the Bruins win the cup? I seriously haven't seen a hockey game in like 25 years.

[drobeski 3,061]

Doofus.

 

I'm the only person who voted for your dumb, Pollack ass in the GOTY poll.

[Thornton Melon 603]

I grew up rooting for all Boston sports except the Bruins. The Jacobs are cheap as fock and care little about their fans. They're lucky to have Peter Chiarelli as their GM. He is a good guy and a great GM.

 

Rumor has it they made everyone who received a ring pay the taxes on it. All other ownership groups cover the tax, such as the Red Sox, Celtics, and Patriots.

 

40 years to win a ring and they can't even do that right. Fvcking tards.

 

Yes, I know. They're cheap. I've been watching the Bruins since before the Jacobs brothers took over. When they got the team, it became public knowledge very quickly that these guys were cheap Jewish businessmen who knew nothing about the game of hockey. But that didn't make me change my loyalties. The players are the ones I'm watching on the ice.

[tikigods 76]

Yes, I know. They're cheap. I've been watching the Bruins since before the Jacobs brothers took over. When they got the team, it became public knowledge very quickly that these guys were cheap Jewish businessmen who knew nothing about the game of hockey. But that didn't make me change my loyalties. The players are the ones I'm watching on the ice.

 

This.

 

This is why you're paying for your rings.

 

How could you not love guys like Bourque, Neely, Reggie Lemelin, Andy Moog, Linesman, etc? Those teams in the late 80s were littered with some great players. As a Habs fan, I have nothing but respect for them. It's just a shame they had an owner that was not committed to anything but the bottom line.

 

Having spent the majority of my life living in northern New Hampshire, when I first moved here we only got two channels: CBC and a Maine market ABC station. I'm literally 40 mins from the Quebec border. We got the Expos, Alouettes, and Habs. At some point, after we got cable, WSBK and NESN were available.

[TimmySmith 2,782]

Tim Thomas melted his down into a tin foil hat.

is it the same type that makes people believe that NHL teams can levy taxes?

[tikigods 76]

is it the same type that makes people believe that NHL teams can levy taxes?

 

Thomas is a libertarian. I'm sure he was pretty pissed that he had to pay taxes on it....probably not because the Jacobs Jokers made him but that the government has no right to tax anything period.

[tikigods 76]

http://boston.cbslocal.com/2012/12/03/sources-significant-progress-made-towards-ending-nhl-lockout/

[Thornton Melon 603]

http://boston.cbsloc...ng-nhl-lockout/

 

We've seen this before. I won't believe it until the puck actually drops.

[shotsup 832]

I don't even remember that the Bs won the cup. Who did they beat ? If asked I would say the Kings are reining champions.

[The Elevator Killer 521]

That's nothing. When I worked for Infousa, they would give away office supplies as sales spiffs. To make it worse, then they would come around to get you to sign for them so they could TAX you on them. I told them to keep thier focking paper clips.

[Recliner Pilot 61]

I knew Mass was fukked up, but how the hell do they give sports franchises the ability to tax private citizens.

[Franknbeans 46]

The ones with 24 Stanley Cup rings?

another bandwagon fan

[patweisers44 814]

How could you not love guys like Bourque, Neely, Reggie Lemelin, Andy Moog, Linesman, etc?

 

Cam Neely at his peak (albeit for far too short a time) was a stud. Fock Ray Bourque and his BS Stanley Cup with the Avalanche..

[Mungwater 593]

Did the Bruins win the cup? I seriously haven't seen a hockey game in like 25 years.

 

I remember you watching when the flyers and Blackhawks played for the cup

[Patriotsfatboy1 1,432]

I knew Mass was fukked up, but how the hell do they give sports franchises the ability to tax private citizens.

They do withholding for payroll all the time. The rings were just classified as compensation.

[Recliner Pilot 61]

They do withholding for payroll all the time. The rings were just classified as compensation.

So?

 

The OP said they taxed their employees.

 

Withholding isn't the same thing as taxing.

[Patriotsfatboy1 1,432]

So?

 

The OP said they taxed their employees.

 

Withholding isn't the same thing as taxing.

 

Cut tiki some slack. He is from the backwoods and is a Canadiens fan.

[tikigods 76]

another bandwagon fan

 

I liked how the Bruins couldn't give tickets away...then they win and now Boston is all about the Bruins.

 

Typical.

 

For the record, we haven't won since Patrick Roy left.

[Recliner Pilot 61]

Cut tiki some slack. He is from the backwoods and is a Canadiens fan.

While Tiki is a moron, I was addressing your feeble attempt to defend his OP.

 

 

HTH