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Is it legal??????? (OU / Bomar scandal reported on TexAgs - 7 months ago)

940,740 Views | 2440 Replies | Last: 14 yr ago by Jock 07
BRAVO 1/124CAV
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AG
WOW these guys at Big Red were sooooooo stupid as to use actual payroll they are open to federal criminal charges for deducting these guys payments on the dealerships tax returns when they actually did no work. FED TIME in the BIG HOUSE for someone for Tax Fraud. All this on top of getting your university in hot water with the NCAA that's GGGGREAT!
RightWingConspirator
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AG
Didn't want this classic to pass by without my participation.

Wow!

TAF
TAMU1990
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AG
Does anyone think the rivalry between us and OU will start to become more heated? It's always been friendly on the surface, with some respect mixed in with hate.

If an Aggie helps bring down the OU machine, I don't see how it can't be taken up a notch.

Agoholic
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I'm in on this!

I can't give the guys that ripped him too much flak, I would have dismissed him as a troll as well. But, it is awesome that this turned out to be true. Funny stuff.
mae1778a
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1111 baby!
markel
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AG
DRUDGEREPORT....Smoking Gun?
NoACDamnit
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How would that be tax fraud? It appears the dealership paid their payroll taxes and that Bomar reported the income. Does the government care how much work you do to earn your paycheck?
bonfireag95
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Yes!! I made it!
highwayman
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in
MSCAg
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I don't see how the dealership broke any federal laws. You as an employer are allowed to pay your employees however much you want, as long as you report it to the IRS.

Wasn't key piece of evidence OU finding out that Bomar reported $18,000 in income for his taxes?
RCR06
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yesterday this post was at 85 now its at 1117. thats almost as crazy as this being posted on texags first.
WarHymn77
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My first time to post on TexAgs, but a longtime admirer. Thought I'd make my debut on what has become a truly historical thread.

BTW, great job AggieGrant06 for starting something that at the very least has been a source of entertainment. However, I doubt that the folks north of the Red River are very amused at the moment. I'll be shocked if Sportscenter does not jump on this at some point.
Long Live Sully
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Just in case anyone is hungry... They will be ready about 7:30....



Gimme a cow pie and fries...

[This message has been edited by Cow Hop Ag (edited 8/6/2006 6:38p).]
sharp
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Jock 07
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directions please
CrockerAg98
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Now the challenge will be to see who gets to post their class year.
Bonfired
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...makes worthless contribution to thread, leaves...
Raptor
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mmmmmmmmm...ribs
Long Live Sully
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AG
6 miles SE of Fredericksburg.. Follow the aroma.
Michael Carroll
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What will TexAgs do next? Come up with a cure for cancer? Broker peace in the middle east? How about this one? We get some Old Ag who has a girlfriend of wife working at a car dealership in Austin?
O'Doyle Rules
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great job texags.
Shaft
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Just need to post in THE TexAgs thread.
CDub06
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AG
Sure... I'm in.
Shaft
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quote:
Thank you for submitting your vote to TexAgs.com

Currently, your vote is the 13 vote in support of this message. There are also 1 votes objecting to this message.


Well, now we know ColleyvilleAg06 is back to reading this.
war hymn aggie
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this thread is dynamite!!!
cone
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quote:
WOW these guys at Big Red were sooooooo stupid as to use actual payroll


They're either INCREDIBLY arrogant or INCREDIBLY stupid. Most likely both.
Lsal
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AG
Holy crap, I posted on Pg 6 like yesterday, and look now!
WordAggie98
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Might as well get in on this while the gettin's good.

[This message has been edited by WordAggie98 (edited 8/6/2006 6:58p).]

[This message has been edited by WordAggie98 (edited 8/6/2006 6:59p).]
BQ88
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Wow!!!!!!
Cocos
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I got too tired after pg 25...

Has anyone posted "All your conspiracy are belong to us?" yet.
Long Live Sully
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AG
nm


[This message has been edited by Cow Hop Ag (edited 8/7/2006 9:17a).]
TK03
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quote:
This is way better than CU@Kyle, Paul Durbin, and Fish pond manager all put together...


With his inside info, am I the only one who suspects Aggiegrant06 is, after all, Paul Durbin?
94DCAg
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I recall reading this back then. This week I was scratching my head thinking I'd heard about the payroll scandal before but convinced myself I was thinking about Peterson's extended $0 trial lease.
Cuterebra
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quote:
...they are open to federal criminal charges for deducting these guys payments on the dealerships tax returns when they actually did no work.


I am a bit slow on this, so please explain. If the dealership paid payroll taxes on their wages and the players filed tax returns(as I understand they did), then why would the Feds care? The IRS just wants a piece of every transaction, and it looks like they got it.

If they pressed charges every time someone collected paycheck for work not done then half of the general board would be in the clink.

How is this a criminal matter? (As if the NCAA violations were not enough.)
PlanetAggie
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Will this post change some of the arrogant replies "outside" information sometimes brings on this board?

Probably not. But a few out there might slow down on the draw.

I live in OKC. Good times on the news here.
 
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