![Name, Image, and Likeness (NIL) Income for College Athletes [DOWNLOAD]](https://ledgergeneral.com/wp-content/uploads/2024/01/nil.png)
by Taxing Subjects | Jan 8, 2024 | Tax Tips and News
Name, Image, and Likeness (NIL) income, or income gained from personal brand influence, has opened opportunities for student-athletes in college athletics. With the additional income stream comes new tax implications, however, that many student-athletes have not...
by Ledger General | Jan 8, 2024 | Tax Tips and News
The Ledger General offices will be closed on Monday, January 15 in observance of Martin Luther King Jr. Day. We honor the work of Dr. King and support his fight against discrimination.
by Taxing Subjects | Jan 5, 2024 | Tax Tips and News
The IRS has announced new penalty relief totaling around $1 billion to approximately 4.7 million individuals, businesses, and tax-exempt organizations. This relief is aimed at those who did not receive automated collection reminder notices during the pandemic, which...
by Taxing Subjects | Jan 4, 2024 | Tax Tips and News
The Internal Revenue Service updated and modified guidance surrounding an assortment of clean energy credits and other provisions over the closing days of 2023. Some of the changes will be in effect next tax season, while other alterations will not be realized for a...
by Ledger General | Dec 15, 2023 | Tax Tips and News
The Ledger General offices will be closed from Monday, December 25 through Monday, January 1. We wish you a safe and peaceful holiday!
by Taxing Subjects | Dec 8, 2023 | Tax Tips and News
In a recent announcement, the Internal Revenue Service (IRS) has decided to delay the implementation of the new $600 Form 1099-K reporting threshold for third-party payment organizations. The decision to treat 2023 as a transition year comes in response to feedback...
