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OUR INSIGHTS SUITE
Tax Strategy, CFO Insights & NIL Finance for Founders and Athletes


When Should an NIL Athlete Elect S-Corp Status?
An S-Corp election can save NIL athletes thousands in self-employment tax but only at the right income level and only with the right setup. Do it too early and you are paying for payroll, compliance, and accounting that costs more than you save. Here is exactly when NIL athletes should elect S-Corp status and when to wait.

MJ Cunningham, EA
May 103 min read
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Best Business Structure for NIL Athletes (LLC vs S Corp)
Personal income, LLC, or S-Corp? The wrong NIL business structure costs college athletes thousands in unnecessary taxes every year. Here is exactly which structure makes sense at each income level, when an LLC stops being enough, and when an S-Corp election could significantly reduce your self-employment tax bill.

MJ Cunningham, EA
May 33 min read
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Do College Athletes Need an LLC for NIL Income?
Not every NIL athlete needs an LLC right away and forming one too early without a plan can create more problems than it solves. Here is exactly when a college athlete should form an LLC for NIL income, when personal income is fine, and when an S-Corp election could change everything.

MJ Cunningham, EA
Apr 293 min read
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Should NIL Income Be Paid to the Athlete or a Business? (LLC vs Personal Income)
Getting paid NIL income the wrong way could cost you thousands in taxes you did not have to pay. Before you sign your next deal, find out whether your NIL money should go directly to you or through an LLC, and when an S-Corp election could change everything.

MJ Cunningham, EA
Apr 233 min read
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