How to Track NIL Expenses So Your Tax Pro Can Maximize Deductions
For student-athletes earning income through Name, Image, and Likeness (NIL) deals, effectively tracking expenses is crucial. Keeping detailed records helps your tax professional maximize your deductions, reducing your taxable income and saving you money. Here’s a guide to effectively track your NIL expenses. Understanding Deductible Expenses Before tracking expenses, understand what qualifies as deductible: Create […]