Don't Outkick Your Coverage - Tax Issues for Pro Athletes

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

Advanced Preparation

None

WebCE® is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. For more information regarding WebCE administrative policies such as refunds, cancellations and concerns, please contact Support Services at 877-488-9308.

Find this course for your license:

License or Certification

Regulator

Type