Imagine you’re a top-tier high school athlete scrolling through scholarship offers. You’re looking at facilities, coaches, game-day vibes, but then it hits you: how much of that NIL cash are you keeping? Well, if Arkansas is on your list, your...
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Arkansas Just Made NIL Income Tax-Exempt
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Join our 250K+ subscribers
Subscribe05 MAY 2025 / ACCOUNTING & TAXES
Arkansas became the first US state to make Name, Image and Likeness (NIL) income tax-free, increasing potential earnings of student-athletes from endorsement deals. Critics argue that this policy could undermine state resources, but proponents contend it will boost recruitment and revenue through ticket sales, tourism, and alumni donations.
Imagine you’re a top-tier high school athlete scrolling through scholarship offers. You’re looking at facilities, coaches, game-day vibes, but then it hits you: how much of that NIL cash are you keeping? Well, if Arkansas is on your list, your...
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