such as their non-profit status, filing in the state, and notes to consult with tax advisor for both the donor and recipient
I don't find the rulings any more than common sense, shouldn't have been a surprise to anyone
seperately, I do wonder about the 'noise' and detraction from an education with NIL. particularly for a full schollie athlete, you are getting an education, NIL is a distraction, and would seem to detract from studies and learning.
every athlete should question whether they even want to be involved with NIL. I get if it's huge money, just for the most part seems like the return on time invested dealing with it might not be time well spent to begin with when your degree is what you are going to parlay long-term. Previous Message
Won't impact the Beach much, but a lot of these type of organizations are going to be forced to disband...
https://www.espn.com/college-sports/story/_/id/37939005/some-nonprofit-nil-collectives-not-qualify-tax-exempt
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