Certainly not breaking news just curious how it ls handled. I know the article is more about the donors and collectives but Im interested in how the recruits handle taxes. Do the collectives pay the tax before giving receuits payment?
You know damn well most of those kids dont think or care about taxes. Some of them could owe big money with little future earnings ops to pay taxes.
profootballtalk.nbcsports.com
You know damn well most of those kids dont think or care about taxes. Some of them could owe big money with little future earnings ops to pay taxes.
IRS says NIL collectives are not tax exempt
One of the perceived benefits of giving money to one of the many NIL collectives that have emerged in recent years is that the donation possibly becomes a write off.
profootballtalk.nbcsports.com
