#424 Tax Planning For Student Athletes

Hey there, college athletes! The NCAA recently announced a new rule allowing you to profit from your Name, Image, and Likeness (NIL). This is great news, but it also means that you have new financial responsibilities to consider. That's why it's important to learn about tax planning now.By understanding tax planning strategies, you can maximize your earnings and make the most of your opportunities. For example, you might want to set up a business entity to receive your endorsement income and ...