In a recent memorandum issued by the Office of Chief Counsel, the Internal Revenue Service (IRS) concluded that many "NIL Collectives" may not qualify as tax-exempt under Section 501(c)(3) of the Internal Revenue Code of...more
6/27/2023
/ 501(c)(3) ,
Colleges ,
Fundraisers ,
Internal Revenue Code (IRC) ,
IRS ,
Name and Likeness ,
NCAA ,
Policy Memorandums ,
Student Athletes ,
Tax Exempt Entities ,
Universities