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IRS now interested in Clemens

January 6, 2008

As Astros fans, the hubby and I watched Roger Clemens’ sad attempt on 60 Minutes to bully viewers into believing he didn’t take performance enhancing drugs.

Rocket_painting_ralph_verano_2
The Rocket’s connection to the Houston baseball club was the only thing he had going for him in our house.

His annoying UT Longhorn affiliation was strike one.

Being a Yankee was definitely strike two.

Now steroids. He’s officially out.

Since misery, especially among sports fans, loves company, we went surfing for reactions on the interview. I recommend Richard Justice’s blog item, along with its comments from program viewers.

But the more intriguing tidbit we ran across was word from Newsday that Roger’s protestations apparently have attracted the unwanted attention of Jeff Novitzky.

Novitzky is the IRS special agent responsible for the indictment of Barry Bonds on felony charges of perjury and obstruction of justice.

Very interesting.

Even though nothing came of the IRS investigation into Bonds, it was clear why tax officials had questions. As blogged here, the feds suspected the San Francisco slugger might have funneled tens of thousands in cash from autographed memorabilia sales to his then-girlfriend in order to avoid paying taxes on the income.

I wonder what tax improprieties Novitzky might think the Rocket has committed.

Rocket (giclee on canvas) by Ralph Verano; available at ArtSmart

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TAX-SAVVY WAYS 
TO WRAP UP 2026

It’s over! With October’s extended filing deadline behind us, it is now time to focus on year-end moves to reduce your 2026 tax bill. 

You’ll find ways to do just that on the Tax Tips page (see the More Tax Posts drop-down menu at the top of the blog), as well as the separate tax tip pages for each month, notably October through December. If you’re on the Tax Tips page, you’ll find a monthly list at the end of this column. If you’re on another blog page, you can head straight to the October tips; at the bottom of that tips page you’ll find links to all the other 11 months’ collections of tax advice.

Not to spoil what you’ll find in that tax advice, but it does cover such things as tax deductions for charitable donations, investment moves that could reduce tax due, and ways to max out your tax-favored retirement savings. 

Finally, as the year winds down, things get hectic. There are lots of other things to occupy our time, like the much more fun upcoming holidays. But don’t lose sight of taxes, since timing is key. To be of use, most tax moves must be made by the end of the tax year. That’s Thursday, Dec. 31, which also is the last business day of the year. 

So that you don’t miss that final tax year deadline, also keep an eye on the countdown clock below. It will keep you on top of just how much time is left to make important, tax-saving moves. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

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