Katie Davis Quoted in article by OnFocus

What is the tax picture for NIL collectives? James Moore partner (and Higher Education Team leader) Katie Davis discusses the topic in an article by OnFocus.

An established voice in collegiate athletics accounting, Katie has spoken several times with media outlets about the tax impact of name, image and likeness (NIL) policies. NIL affects institutions, organizations and student-athletes alike.

Now with the IRS challenging the tax-exempt status of NIL collectives, the situation is even more complicated. In the OnFocus piece, Katie cites the importance of cooperating with the IRS and following through with your annual reporting requirements.

You can read the OnFocus article here.