April 2025

Investing in the Home Team: How NIL Collectives Can Maximize Tax Savings

B2C, Blog, Individual Strategies /

Sports fans know that team loyalties run deep. Committed supporters of college and even high school sports teams now have even more opportunities to make major investments in up-and-coming athletes. In 2021, student athletes were granted licensing rights for the first time, allowing them to earn income on the use of their “name, image, and […]

Investing in the Home Team: How NIL Collectives Can Maximize Tax Savings Read More »

Tax Planning for Student Athletes: Working with NIL Collectives

B2B, Blog, Individual Strategies /

When you think of up-and-coming business opportunities, you likely don’t think of student athletes. As a result of recent court cases, athletes have gained the ability to receive a financial profit anytime their “name, image, and likeness” (or “NIL”) is used. For college and even high school athletes, NIL deals are becoming more and more

Tax Planning for Student Athletes: Working with NIL Collectives Read More »

Investing in the Home Team: How Tax Planning Can Help Student Athletes

B2C, Blog, Individual Strategies /

Most student athletes dream of taking home the championship trophy or being drafted onto a professional team. Whether or not this is what their future holds, athletes on well-loved college and even high school sports teams can build a career here and now—thanks to something called “name, image, and likeness” (NIL) rights. A pivotal 2021

Investing in the Home Team: How Tax Planning Can Help Student Athletes Read More »

Tax Planning for Student Athletes: Entity Selection as a Tax Strategy

B2B, Blog, Individual Strategies /

In recent years, college athletes at NCAA Division I schools are faced with a new opportunity: turning their burgeoning sports career into a profitable business. Before 2021, student athletes were prohibited from earning income on the use of their “name, image, and likeness” (or “NIL”). However, a pivotal court case overturned this rule and gave

Tax Planning for Student Athletes: Entity Selection as a Tax Strategy Read More »