Tom Brady could face huge tax implications, like $21,500 huge, if he gives cornerback Malcolm Butler his brand new 2015 Chevy Colorado he won for being named MVP, according to Forbes. That’s more than 60 percent the value of the truck.
Preparing your taxes is never a joyful experience. Even if you think that you're going to get a hefty refund, the process is time consuming and oftentimes complicated. So realizing that the 2014 tax season is fast approaching likely isn't cause for rejoicing. And that's before you find out why this year could deliver the most frustrating tax season yet!
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