Overview
Venture into the nuanced world of taxation for high earners, whose income streams span multiple states or even international borders. Drawing from compelling real-life scenarios in sports and entertainment, and referencing pivotal cases like the Supreme Court's NCAA v. Alston, this course demystifies several federal, state, and international tax principles.
Learning Objectives
- recall IRS initiatives and underlying causes behind such actions that impact high-income taxpayers, including professional athletes and entertainers
- recall tax impacts realized by professional athletes resulting from passage of the Tax Cuts and Jobs Act
- identify key outcomes resulting from the Supreme Court Case NCAA v. Alston
- remember rules and guidelines related to "name, image, and likeness" issues
Tax Year: 2023
Designed For
CPAs, Enrolled Agents, CRTPs, and other tax professionals and financial advisors
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