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  1. C

    When will the IRS focus on NIL payments?

    If a person is paid an exorbitant amount of money for a job that normally would cost much less, they have been given a wage plus a GIFT. Gifts over a certain amount are subject to a gift tax...paid by the giver. In addition, the gift portion of the payment is not deductible as an expense...
  2. C

    The economic cost to the University with a poorly performing basketball team

    Call it the Flutie Effect or whatever, but there is hard evidence that when your men's basketball team makes the tournament, it can boost student enrollment by 3% the September after the tournament and 4-5%the year after that. So, when our men's team does not perform well enough to make the...
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