It’s that time of year again, the leaves are beginning to change, and the smell of fall is in the air. Along with the change from summer to fall is the start of another football season. The NFL kicked off another season last night with the Kansas City Chiefs playing the Detroit Lions on Thursday... Continue Reading →
[1] Last week, Allegheny County Judge Christine Ward struck down a fee levied by the City of Pittsburgh against visiting professional athletes’ wages, calling the fee an unconstitutional tax under Pennsylvania law.[2] The fee was originally challenged in court in November 2019, spearheaded by three athletes, including New York Islanders right-winger Kyle Palmieri, former Pittsburgh... Continue Reading →
In the first tax year with name, image, and likeness compensation implications, NCAA athletes must comply with both federal and state tax laws. Death, taxes, and name, image, and likeness (“NIL”) compensation. NCAA athletes are permitted to profit off their NIL. With this newly granted right, athletes must comply with the applicable United States tax... Continue Reading →