Another Reason To Hate The IRS
Winning stuff is fun! Winning donuts...amazing! However, not when you have to pay taxes on your donuts. The IRS strikes again.
DeadSpin.com has the details about Bob Choate, who won a year's supplies of free doughnuts from Shipley's Do-Nuts:
Bad: He received 315 coupons for doughnuts and coffee, each values around $3. As with all large prizes, he would have to declare it on his taxes. It turned out to cost him $237, even though as of last month, he had only used eight coupons.
Good: Lawrence Shipley, owner of the Houston chain, has offered to reimburse Choate for his tax hit. In exchange, Choate will donate the same amount to a charity of Shipley's choice. The Astros have apologized for the trouble, giving Choate a Jeff Bagwell signed baseball.
Although most people loathe the IRS...they will find you!!!! You've been warned....I could go for donuts.