In the Media: NCAA Athletes Sure to Face Tax Hit as Endorsement Checks Arrive

Dr. John Karaffa, CPA/PFS, CFP

Mar 5

The NCAA may need to let college athletes work with financial advisers now that the organization has said it will move toward a system that would let the athletes benefit from marketing themselves, several tax professionals said. Current NCAA rules bar athletes—who generally aren’t paid beyond the value of a scholarship—from hiring agents.

Sam McQuillan

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This article was originally published by Bloomberg Tax, ProSport Accountants does not claim ownership of the content.

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In the Media: NCAA Athletes Sure to Face Tax Hit as Endorsement Checks Arrive

This article was originally published by Bloomberg Tax, ProSport Accountants does not claim ownership of the content.

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