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Replies: 15
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Paw Warrior [4887]
TigerPulse: 100%
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NIL< IRS
Dec 15, 2022, 2:19 PM
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All these youngsters are going to bump against the Feds. And it won’t be pretty. Parents for the most part poor and ignorant Sam will have no pity.
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All-Pro [708]
TigerPulse: 95%
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Re: NIL< IRS
Dec 15, 2022, 2:22 PM
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Most likely each university has an Accountant dealing with this for them, if that is even within the rules of the NIL.
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Paw Warrior [4887]
TigerPulse: 100%
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Re: NIL< IRS
Dec 15, 2022, 2:31 PM
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No I think so much moola is going under the table that people are going to get f’d.
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Associate AD [1084]
TigerPulse: 100%
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Re: NIL< IRS
Dec 15, 2022, 2:52 PM
[ in reply to Re: NIL< IRS ] |
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By now most schools should have an accountant either taking care of it or telling them how to. That's part of Clemson's Reign program. I assume other schools have followed suit.
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Associate AD [1084]
TigerPulse: 100%
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Game Changer [2040]
TigerPulse: 100%
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Re: NIL< IRS
Dec 15, 2022, 2:57 PM
[ in reply to Re: NIL< IRS ] |
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I believe under the rules that would be a illegal benefit if it is not offered to every college attendee of that university or as an elective class. Because the Universities cannot be a contributor(gifts, financial,ect) with NIL
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Rival Killer [2622]
TigerPulse: 83%
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Re: NIL< IRS
Dec 15, 2022, 2:57 PM
[ in reply to Re: NIL< IRS ] |
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no...that would make too much sense.
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TigerNet HOFer [124246]
TigerPulse: 100%
66
Posts: 66015
Joined: 2006
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Son of Sam is writing off billions in college debt, no?
Dec 15, 2022, 2:24 PM
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What's a few more from the taxable incomes?
Spit-ballin' here of course...
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Orange Blooded [2141]
TigerPulse: 89%
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doubt they have the man power...
Dec 15, 2022, 2:28 PM
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and it's an unfair fact that certain segments of the population can own private businesses w/o fear of penalty for failing to pay federal income taxes. I personally know some who have been in business for over 20 years and never paid a dime, some have never even filed.
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Paw Warrior [4887]
TigerPulse: 100%
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Re: doubt they have the man power...
Dec 15, 2022, 3:27 PM
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Folks with accountants can deal with the USA. We are entering a zone of highly poor folks who are gonna get SCREWED by the Gubment/law turds of the USPenal System
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Rival Killer [2622]
TigerPulse: 83%
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Re: NIL< IRS
Dec 15, 2022, 2:53 PM
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There you go creating issues that aren't real.
fat chance these schools don't have advisors in the department.
I bet you believe the children using litter boxes in school story.
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Offensive Star [330]
TigerPulse: 90%
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Re: NIL< IRS
Dec 15, 2022, 2:57 PM
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Congrats on making “Message Board Genius” on Twitter lol
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Valley Legend [12203]
TigerPulse: 64%
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Posts: 15216
Joined: 2006
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Re: NIL< IRS
Dec 15, 2022, 3:03 PM
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They are no different from every other American, if you earn money, you owe taxes.
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Paw Warrior [4887]
TigerPulse: 100%
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Re: NIL< IRS
Dec 15, 2022, 3:35 PM
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Horse hockey Some of these folks never had to file tax due to low income. Today, nobody care about this spit from a school standpoint Everybody technically is an independent contractor. Wait for the Supreme Court decision
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Tiger Titan [50838]
TigerPulse: 100%
58
Posts: 20641
Joined: 2015
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Mostly poor and ignorant parents?
Dec 15, 2022, 3:09 PM
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What do you base this on? Please be specific.
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Paw Warrior [4887]
TigerPulse: 100%
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Re: Mostly poor and ignorant parents?
Dec 15, 2022, 3:39 PM
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Look under.
BLawM=202 soon2 b3 l
Sure u will find it.
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Replies: 15
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