If the IRS challenges the tax-exempt status of a name, image, and likeness (NIL) collective, the collective must understand how best to respond. Our Federal Tax Group details what NIL collectives need to know to make the cut....more
The rise of superconferences may not be the only sea change in Division I college athletics. Our Education Team tackles the NCAA president’s attempt to address how schools cater to their student-athletes’ ability to cash in...more
Our Federal Tax and Exempt Organizations teams tackle the implications of the IRS chief counsel’s conclusion that nonprofit organizations created to pool donations and develop paid name, image, and likeness (NIL)...more