Everyone knows that the ultimate goal of the olympics is to return to your home country with a medal or two (or eight, if you're Michael Phelps) draped around your neck!
But what you may have not known is that the highly coveted bling can actually burn quite a hole in your pocket!
That's right! The Internal Revenue Service collects a hefty bonus any time an American Olympian earns a medal! How much, you ask? Oh, just
Tags: 2014 sochi olympics, bill, bonus, business blitz, internal revenue service, irs, medals, olympians, olympics, sochi olympics, tax exemptions for american medalists act, taxable income, taxes, zportz