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IRS says not so fast my friend on NIL "donations"
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Pirate1 Offline
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Post: #1
IRS says not so fast my friend on NIL "donations"
07-01-2023 05:04 PM
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Purple n Gold Offline
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Post: #2
RE: IRS says not so fast my friend on NIL "donations"
Interesting how this will unfold. I wonder if there will be some sort of limit or stricter regulations to come from this.
07-02-2023 02:02 PM
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ghostofclt! Offline
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RE: IRS says not so fast my friend on NIL "donations"
clt hopes the NIL athletes saved money to pay taxes
07-02-2023 02:26 PM
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bluebacker Away
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RE: IRS says not so fast my friend on NIL "donations"
(07-02-2023 02:26 PM)ghostofclt! Wrote:  clt hopes the NIL athletes saved money to pay taxes

Don't worry, if they didn't they will just ask us to pay for that too.
07-02-2023 03:02 PM
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Poseidon Offline
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Post: #5
RE: IRS says not so fast my friend on NIL "donations"
The IRS is doing what is does best; creating more work for themselves and the law firms the IRS agents leave the agency for.
(This post was last modified: 07-02-2023 03:28 PM by Poseidon.)
07-02-2023 03:27 PM
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ghostofclt! Offline
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RE: IRS says not so fast my friend on NIL "donations"
(07-02-2023 03:02 PM)bluebacker Wrote:  
(07-02-2023 02:26 PM)ghostofclt! Wrote:  clt hopes the NIL athletes saved money to pay taxes

Don't worry, if they didn't they will just ask us to pay for that too.

clt says they will want free tuition and free wi-fi
07-02-2023 08:48 PM
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bluebacker Away
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RE: IRS says not so fast my friend on NIL "donations"
(07-02-2023 08:48 PM)ghostofclt! Wrote:  
(07-02-2023 03:02 PM)bluebacker Wrote:  
(07-02-2023 02:26 PM)ghostofclt! Wrote:  clt hopes the NIL athletes saved money to pay taxes

Don't worry, if they didn't they will just ask us to pay for that too.

clt says they will want free tuition and free wi-fi

It's not just that. They also want the free tuition and the free wi-fi to sponsor their NIL and pay them money - in addition to being free.

College 'sports' is a fukked up mess. From top to bottom.

It's essentially morphing into crappy minor league professional sports without adult supervision right in front of our eyes.
07-02-2023 10:41 PM
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CoastalJuan Offline
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RE: IRS says not so fast my friend on NIL "donations"
(07-01-2023 05:04 PM)Pirate1 Wrote:  IRS/NIL

I know that ECU's collective is running donations through a local charity to keep the tax shelter in place.
07-03-2023 04:26 AM
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