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3/18/13 3:20 PM
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HexRei
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KingofBJJ - 
Leghound - 
jiujitsufigher7 - You see it's called source deductions, every american that has a job pays his taxes when he gets a pay cheque. At the time you do your tax return (once a year) most people get a tax refund from the government. There's no such thing as an employee not paying taxes, the government takes it from your pay cheque. Unless you are being paid under the table and your employer doesn't remit to the IRS, but I'm sure the UFC would remit the money to the IRS from a fighter's pay cheque, just like every employer does in America.

I'm not a CPA (though I was one class away from also finishing an accounting major before I realized I never wanted to do that shit or work with the people in my classes) but can say with 99.9% certainty that someone who spells 'check' as 'cheque' lacks authority when talking about how things work in the USA.


Not to cut hairs here, but many English speaking people outside the US spell it as "cheque". They also spell Theater as "Theatre" and realise as "realize".

Just saying.

That's kind of what he was getting at. Other countries don't have the same tax laws.
3/18/13 3:22 PM
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MartinLav
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jiujitsufigher7 - There's a big difference between not doing your tax return and not paying taxes. The IRS is not stupic, actually they just announced that there is over $1 billion in unclaimed tax refunds I read last Friday from people that don't do their tax returns. Nick Diaz anybody? The guy is so lazy he doesn't do his taxes. The IRS deducts taxes from wages, any pay cheque Need got in the last 10 years the IRS already took a good chunk of it. Nick may actually be owed a refund, but you can only get a refund for the last 3 years. The IRS is probably laughing at Nick, why would they arrest a guy the US government owe tax refunds to? Ain't gonna happen.

He's not an employe. He dosen't have any deduction. He has to file and pay taxes.
3/18/13 3:23 PM
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HexRei
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KingofBJJ - I am a bit confused on what Nate has said and what is being said on here.

A friend of mine who one front row seats and access to the back stage said that he had seen Silva cutting handwritten checks out to these guys. I'm no expert but a handwritten check doesn't show what taxes are being witheld.

Secondly, perhaps Nate was not talking about taxes being witheld from his checks, but rather that he has not filed Income Taxes. Or maybe he filed, but never paid the ones he said he owed?

Third, what does Nate have to do with this?
3/18/13 3:24 PM
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HexRei
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big_roy_fan - 
HexRei - 
big_roy_fan - 
HexRei - 
big_roy_fan - maybe he was confused because in canada, when u buy st uff there is tax on it,
and he is like 'i never paid taxes in my life' because he now thinks that the us and canada have similar tax systems.

discuss thanx.

california has a sales tax u goof

i'll take that as a light hearted joke.

sorry i don't know the tax systems of the 50 states, could care less since i'm canadian.

no it was just a statement of fact that made completely invalidated your post. so we can stop discussing it thanx.

well, fuck you then

VTFD.

And I couldn't have asked for a happier ending.
3/18/13 3:30 PM
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soldave
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Reggie Warren Jr - 
UGCTT_ Lay'n'PrayNINJA - 
jiujitsufigher7 - I've got an MBA with a major in accounting and I'm a licensed CPA in two states.

I can assure you that Nick Diaz cheque gets a deduction sent to the IRS. The IRS will get the taxes right off the UFC paycheque. They aren't stupid. There's no way that big cheque to a pro fighter that can spend it all would go without deductions. You don't even need to have a job for the IRS to take your money. Any big pay cheque the IRS takes the money right away, they do not wait for you to do a tax return. Win big at a casino? The tax man takes it before you go home. Win a lottery ticket? Same thing. The purses of prize fighters are certainly taxed at source. The UFC pays Nick Diaz taxes from his pay cheque.
You are wrong. They are independant contractors. Most of them file taxes quarterly. ZUFFA does not take payroll taxes out. Phone Post

100% truth....UFC doesnt deduct taxes from their checks!


A guy posted the below on twitter that deductions are made straight from the cheque, he has a couple fighters in the UFC, they aren't American though so maybe its different....

alex uwc ?@alexukmma1
Nick Diaz claiming he's never paid taxes. He's so full of shit UFC deduct tax direct from fighters cheques. He needs to lay off the weed!
3/18/13 3:35 PM
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HexRei
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WHAT DO ANY OF YOU KNOW ABOUT BIRD LAW?

3/18/13 3:55 PM
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Jack_Bauer
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HexRei - 

 

WHAT DO ANY OF YOU KNOW ABOUT BIRD LAW?


Says the guy who knows nothing about the law. You really can't....and I'm not saying I agree with it......it's just that bird law in this country, it's not governed by reason.

3/18/13 4:06 PM
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hooke
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ya'll fightin with a troll
3/18/13 4:07 PM
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jiujitsufigher7
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OK guys, check it for yourself. Here are the withholding tax guidelines for Massachussets. Taxes ought to be withheld from every performer, whether you are a musician that performs on a concert or a boxer or an MMA fighter. The promotion or whoever pays the performer has an obligation to withhold income taxes.
3/18/13 4:08 PM
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jiujitsufigher7
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http://www.mass.gov/dor/docs/dor/publ/pdfs/performers.pdf

Here's the link to the Massachussets legislation I just talked about. Other states are similar.
3/18/13 4:14 PM
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jiujitsufigher7
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Now here's the catch in Massachussets if you read that legislation I provided a link in my post above you will notice that taxes have to be withheld for payments over $10,000 to performers. So if a cage fighter makes a purse of $8,000 the promotion is not obligated to withhold taxes. But when we are talking about a high paid fighter like Nick Diaz of course all taxes are taken by the UFC from his purse.
3/18/13 4:16 PM
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HexRei
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Edited: 03/18/13 4:18 PM
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jiujitsufigher7 - OK guys, check it for yourself. Here are the withholding tax guidelines for Massachussets. Taxes ought to be withheld from every performer, whether you are a musician that performs on a concert or a boxer or an MMA fighter. The promotion or whoever pays the performer has an obligation to withhold income taxes.

ummm... massachussets? has the UFC even had an event there? Oh I see there was one. ONE. I think you literally just googled "performers tax withholding" and linked the first result.

In any case, I'm sure they comply with state law as necessary, but for example Nevada hosts the most UFC events, many fighters reside there, and has no income tax. I think federal law would be the main concern here as a result since of course that will be quite broadly applied.
3/18/13 4:19 PM
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UGCTT_CreepysStacheWax
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jiujitsufigher7 - Now here's the catch in Massachussets if you read that legislation I provided a link in my post above you will notice that taxes have to be withheld for payments over $10,000 to performers. So if a cage fighter makes a purse of $8,000 the promotion is not obligated to withhold taxes. But when we are talking about a high paid fighter like Nick Diaz of course all taxes are taken by the UFC from his purse.
Zuffa checks do not have taxes pulled out of them. Ive been to the bank with a friend who cashed it. Phone Post
3/18/13 4:36 PM
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goldenboyart
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If you spell it as "cheque," then I'm not listening to a goddamn thing you have to say about US tax law.

I'm so gald I wasn't the only one who noticed this dumbass spouting all kind of stupid shit. Everyone knows that if you're classified an independent contractor which is what UFC fighters are if I'm not mistaken, then they are responsible for filing their own taxes. Same with a business owner. You pay quarterly taxes but YOU have to do it. And certainly IRS as no control over Pride checks either. Would be up to Nick to take out the correct amounts and pay into the State and Federal Tax departments.

This McDonalds worker posing as a Fake CPA doesn't know how the real world works yet.

Dumbass can't even get the right US spelling of "Check" right. What a douchbag preaching to others. jiujitsufigher7 needs to go back to flipping burgers because if he was someone's CPA they would sue his ass for negligence, LOL....Canada much A'
3/18/13 5:24 PM
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kizzy
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Jjf give it up you're wrong and you obviously don't kno how taxes work in the u.s. I worked a job for 8 months and received a check every week with no tax deductions and my boss 1099 me at the end of the year and I had to pay the IRS. If the UFC deducted his taxes out of each fight check then why would Dana be making a huge deal out it during his media scrum after the post fight presser. He said he was gonna call nicks attorney and talk to him to help nick settle this situation, he wouldn't be worried about the kid if he knew that in the fight game taxes are deducted out each fight check.

And i also go by the motto if you spell check cheque then you don't kno shit.
Your obviously not American if you spell it like that then how are you gonna argue with Americans that know how our tax system works.
3/18/13 5:26 PM
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kizzy
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I believe your also the same guy that tried to correct me not to long ago when you were wrong then too. U also knew shit on that topic too haha
3/18/13 5:28 PM
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donniecloud
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Back to the original thread for a sec, Yahoo/MMAWeekly are reporting that Nick did not get arrested.

http://sports.yahoo.com/news/nick-diaz-posts-photos-causing-201828119--mma.html
3/18/13 7:58 PM
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KingNeptune
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Damn, my thread got highjacked!!! Phone Post
3/18/13 8:01 PM
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DamonMMAWeekly
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Nick did not get arrested but two of his friends that were with him did get detained. Here's the story I did --> http://bit.ly/135xWzz

Also UFC fighters are independent contractors and are responsible for their own taxes. That's why during the fighter summits every year they give a big speech on taxes and finances. Remember Cowboy Cerrone talked about his tax problem not too long ago also.
3/18/13 8:09 PM
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jiujitsufigher7
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Uneducated fools (quoting GSP here), I showed you the legislation and still don't believe. It doesn't matter if Nevada has no income tax you still have to remit the federal portion of the income tax to the IRS.

I'm not arguing this anymore. Some of you fools crossed the line and had you talked to my face what you wrote here you'd be in the hospital by now. Quoting GSP again I would put the worst beating you've ever experienced on you.
3/18/13 8:13 PM
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Altofsky
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You're a very poor troll. Stop.

3/18/13 8:53 PM
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Kneeblock
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jiujitsufigher7 - Uneducated fools (quoting GSP here), I showed you the legislation and still don't believe. It doesn't matter if Nevada has no income tax you still have to remit the federal portion of the income tax to the IRS.

I'm not arguing this anymore. Some of you fools crossed the line and had you talked to my face what you wrote here you'd be in the hospital by now. Quoting GSP again I would put the worst beating you've ever experienced on you.
Woof ticket Phone Post
3/18/13 8:56 PM
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BruceWayne23
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Trollololololololololol
3/18/13 9:08 PM
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Carl Sonnen
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The Citrus Heights police are pretty uptight, so he is lucky they didn't hassle him more. I lived there for a few years and my opinion of them is quite low. There was no way he was driving through Citrus Heights randomly back from the airport to Stockton. You just drive south on the freeway back to Stockton, not through town. I lived in Stockton for a long time also. If they had oil on them, they probably stopped by one of the cannabis clubs on their way home. Sacramento has some good clubs left, even after the pheds raided a bunch of shops last year. There are only a few one way streets I can even think of around there and they are over by the city hall and police station, a few blocks from where I used to live. Call me next time for a ride home, Nick. Also, I do taxes, lol.
3/18/13 9:57 PM
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Papi Chingon
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DamonMMAWeekly - Nick did not get arrested but two of his friends that were with him did get detained. Here's the story I did --> http://bit.ly/135xWzz

Also UFC fighters are independent contractors and are responsible for their own taxes. That's why during the fighter summits every year they give a big speech on taxes and finances. Remember Cowboy Cerrone talked about his tax problem not too long ago also.

I remember Cerrone talking about that too. He was asked what toys he'd be buying with his bonus (maybe even a double bonus?) check and he said he was send all of it straight to the IRS since he owed a lot of money.

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