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Friday, July 11, 2025
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    Nov 30, 2024; Tucson, Arizona, USA; Arizona State Sun Devils wide receiver Derek Eusebio (83) drinks out of the Territorial Cup at the end of the game against the Arizona Wildcats at Arizona Stadium.
    College Sports
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    IRS Says Tax Enforcement of Nonprofit NIL Collectives Is 2025 Priority
    Many NIL collectives are registered as tax-exempt organizations.
    December 2, 2024
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    Athletes
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    States Want Tax Reform As Ohtani’s Deal Deferrals Stir Controversy
    California legislators heighten their push for new tax rules around deferred compensation.
    April 15, 2024
    IRS
    Executives
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    IRS to Start Auditing Sports Owners
    Audit increase comes with the agency’s increased enforcement budget.
    February 15, 2024
    Resellers who passed $600 in ticket sales on marketplaces such as StubHub and Ticketmaster now need to report their activity to the IRS.
    Commerce
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    IRS Lowers Threshold to Tax Ticket Resellers for Sports, Concerts
    The IRS lowered its ticket sales threshold from $20,000 to $600.
    September 25, 2023