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Thread: Elfrid Payton

  1. #49

    Default

    Quote Originally Posted by Boomer View Post

    So I hope EP chooses this chart as it gives him $400K more his first year!!! Which is correct???

    Sounds like you're trying to audit EP before his first check clears!

    Dude is making money! Bottom line.

  2. Default Re: Elfrid signs with Magic

    Quote Originally Posted by axg8750 View Post
    Sounds like you're trying to audit EP before his first check clears!

    Dude is making money! Bottom line.
    ---Learned a long time ago---Tain't what you make--it is what you keep---I had heard that the LSU coach is paid through a corporation in Texas to avoid state sales tax!!

  3. #51

    Default Re: Elfrid signs with Magic

    Elfrid signed for 120% of the number for his slot. That's what most guys sign for and is the max deal he could get


  4. #52

    Default Re: Elfrid signs with Magic

    Quote Originally Posted by Boomer View Post
    --I had heard that the LSU coach is paid through a corporation in Texas to avoid state sales tax!!
    Then that is a complete violation of the law and I am sure it is not true. I have worked in enough states and for enough companies as a consultant.

  5. Default Re: Elfrid signs with Magic

    Quote Originally Posted by MelRock View Post
    Then that is a complete violation of the law and I am sure it is not true. I have worked in enough states and for enough companies as a consultant.
    Mel are you sure that it just isn't the portion of the salary that comes form the state and the rest of non-public funds are under the corporation in Texas?? I am trying to think where I saw this but EP will not pay taxes for State income tax as Florida has none!!!

  6. #54

    Default

    Quote Originally Posted by Boomer View Post
    Mel are you sure that it just isn't the portion of the salary that comes form the state and the rest of non-public funds are under the corporation in Texas?? I am trying to think where I saw this but EP will not pay taxes for State income tax as Florida has none!!!
    Public vs private income doesn't matter when determine state tax liability. If you work in Louisiana when you make the income you pay Louisiana tax.

  7. #55
    douglas's Avatar douglas is offline Ragin Cajuns of Louisiana Ragin' Cajuns Fan for Sure

    Default Re: Elfrid signs with Magic

    Yes, the hatter does receive a portion of his check from a corporation in Texas.


  8. Default Re: Elfrid signs with Magic

    Quote Originally Posted by douglas View Post
    Yes, the hatter does receive a portion of his check from a corporation in Texas.
    --Ah justification---Heard today on Rush the added amount the L James would pay it he left the no income tax state of Florida---$2.7 mil-Lakers ----Houston and Dallas --O---!!!

  9. #57

    Default Re: Elfrid signs with Magic

    But the guy lives and work in Baton Rouge, you pay Louisiana taxes. If he lived in Texas it would make a difference, but he would still pay Louisiana taxes for the work he did in Louisiana as a non resident. One year I had to file tax returns for 4 different states.


  10. Default Re: Elfrid signs with Magic

    Quote Originally Posted by MelRock View Post
    But the guy lives and work in Baton Rouge, you pay Louisiana taxes. If he lived in Texas it would make a difference, but he would still pay Louisiana taxes for the work he did in Louisiana as a non resident. One year I had to file tax returns for 4 different states.
    ---Get a new CPA!!! lol

  11. Default Elfrid Payton settles in after shaky beginning in first summer start for Magic

    He knows how to play the game of basketball. So you never count Elfrid Payton out." Payton, who averaged 19.3 points a game as a junior for the Ragin' Cajuns, was at his best when he was able to penetrate. He threw up a lob in the first quarter that ...


  12. #60

    Default Elfrid Payton- Pub on BleacherReport

    We're not talking about the best prospects or the guys with the most potential. These are the prospects who are going to come into the league and start immediately growing and maturing as players.

    http://bleacherreport.com/articles/2...fastest/page/4


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