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Thursday, December 26, 2024
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    tax law

    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 Athletics
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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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    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