by A-Ray | Apr 21, 2026 | NIL Tax
Having a business structure as a student athlete might not be a bad idea. They offer many advantages, and depending on the structure could be a great tax saving vehicle.The most common entity structure I see are LLCs. BUT, does that mean an LLC always make sense?...
by A-Ray | Apr 18, 2026 | NIL Tax
You’re a student athlete, making good NIL dollars and you’re only paying taxes in April. I’m afraid you’re doing it wrong. (This doesn’t just apply to student athletes. ALL ATHLETES, self employed people, I’m talking to you!)When you earn NIL income, the government...
by A-Ray | Apr 17, 2026 | NIL Tax
Student‑athletes think NIL is only taxable when CASH MONEY hits their account. Nope!If you receive anything of value in exchange for a service (e.g., a post, appearance, promotion, etc.) That’s taxable income.Shoes? Taxable.Gear? Taxable.Hotel stays? Taxable.A...
by A-Ray | Apr 16, 2026 | NIL Tax
EVERY NIL DOLLAR IS TAXABLE!! A lot of athletes are surprised when they file their taxes, or don’t file in some cases, and they get hit with a nice tax bill.All income from NIL activities is considered taxable income. That includes non-cash compensation. That car you...
by A-Ray | Apr 15, 2026 | Uncategorized
Calling all professional service providers!! Student‑athletes need you, your expertise, your knowledge, your experience, and your perspective. They’re navigating contracts, taxes, brand opportunities, and financial decisions that many adults struggle with, and they...
