When it comes to pain, WWE Superstars have Extreme Rules. The rest of us have April 15’s tax deadline. Find out what you can and can’t claim on your 2010 tax returns with the help of Superstar-inspired tax scenarios – including bonus scenarios, exclusive to WWE.com. It all comes to you courtesy of the April 2010 issue of “WWE Magazine,” on newsstands now, featuring 26 exclusive covers.

TAX INQUIRY 7
Is CM Punk’s Straight Edge Society a nonprofit organization?

The Accountant Says “For the SES to become an official nonprofit, Punk needs to apply for 501(c3) exempt status and be approved by the government. It’s not easy, but once accepted, his group would be exempt from income and sales taxes, which means they would save money on things like hair trimmers and wrist tape. In the meantime, Punk can take solace in knowing that he won’t have to pay any taxes on tobacco or alcohol, which are substantial in some states.”

Source: wwe.com