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re: Post-Spring Transfer Portal Thread
Posted on 5/5/24 at 10:08 am to mrbroker
Posted on 5/5/24 at 10:08 am to mrbroker
quote:
Donating to an NIL is not a tax write off so Bama or any U cant just take in funds and divert as some of you have posted.
When revenue sharing happens, donors can go back to donating to the AD as a tax write-off. At least that is my assumption.
1
Posted on 5/5/24 at 3:37 pm to Diego Ricardo
quote:if that happens, you can be sure that ad donations will have to be kept completely separate from player payments. It won't be allowed where rich donors can write off paying players on their taxes
When revenue sharing happens, donors can go back to donating to the AD as a tax write-off. At least that is my assumption.
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