Taxation in the NIL space

Taxation In the NIL space

Join us for an exciting online event where we delve into the world of Name, Image, and Likeness (NIL) taxation. Learn about the implications of NIL deals on taxes and how to navigate this evolving landscape. Whether you're an athlete, agent, or just curious about the topic, this event is perfect for gaining insights and knowledge. Don't miss out on this opportunity to expand your understanding of taxation in the NIL space!

Date: December 5, 2024

Time: 3P to 4:30P CST

Location: Online (Zoom link emailed to attendees 10 mins before start time)

Register now to secure your spot and be part of this informative event!

Format:

• 50 to 55 mins presentation
• 15 to 20 mins Q & A session
• Responses emailed after event ends.

Discussion topics:

NIL compensation

non-cash vs cash

Compensation from publicly traded companies

cash versus cash + stock

Income reporting

w2, 1099-NEC, 1099-MISC, 1099-K

Tax brackets (scenario)

Quarterly tax projections

Estimated taxes

LLC, Sole Proprietorship, C Corp, S Corp

Converting to a corporation

Year end savings

tax strategies for 2024

vehicle purchasing options.

Target audience:

Student athletes (SA) with NIL compensation

approaching tax brackets between 24%-37%

Parents or legal guardians of SAs

Collectives seeking group taxation training for SAs

Sports agents who want to offer tax advisory

on an on-demand basis for a portfolio of clients.

Host or Publisher Verlin Taylor