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re: TJ Moe speaks obvious truth about CFB unionizing
Posted on 3/29/14 at 3:52 pm to Gravitiger
Posted on 3/29/14 at 3:52 pm to Gravitiger
The IRS does state that if part if your scholarship received requires you to work example student teach that part is taxable and hence if they receive money to play football as a condition to their scholarship as an employee it is taxable and that is what will happen here. So for that the code or law is already there.
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Posted on 3/29/14 at 3:57 pm to TideWarrior
They will be able to still take the education deduction and I agree that some changes will have to occur but IRS will have nonissue seeking that change
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