Navigating the Complex Tax Maze for Student Athletes - 0.2 Nano CPE

Student Athletes Face a Tax Landscape That Changed Overnight.

Between scholarships, NIL income, sponsorships, and side work, today’s student athletes often cross multiple tax thresholds without realizing it. Families and advisors who miss these nuances can trigger unexpected tax bills, lost credits, or compliance issues.

This course provides a clear, practical path through the rules so you can guide student athletes confidently and correctly.

Learning Objective

Recognize the key tax considerations affecting student athletes, including scholarship taxation, NIL income reporting, and the impact on credits and financial aid.

Course Description

This 14-minute nano-learning course explains the unique and evolving tax issues facing student athletes. Participants learn how scholarships, NIL income, self-employment taxes, education credits, and financial aid interact—and how to help families avoid common compliance mistakes.

Who This Is For

Tax and accounting professionals advising student athletes, families, or clients receiving education-related benefits and NIL income.

Why It Matters

Student athletes often earn income without understanding the tax consequences, while families may assume traditional student tax rules still apply. Advisors who understand this evolving landscape can prevent filing errors, preserve education benefits, and help clients make informed decisions as income opportunities expand.

Author / Instructor

Lee T. Reams, Sr., BMSE, EA
Lee T. Reams, Sr., EA is the Editor-in-Chief of CountingWorks and a long-time leader in tax education. He has helped shape professional learning in the tax community through decades of course development, writing, and speaking.

Course Details

This course qualifies for NASBA continuing professional education credit. CountingWorks, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Help Student Athletes Avoid Costly Tax Surprises

Start Navigating the Complex Tax Maze for Student Athletes and gain the clarity needed to advise confidently in a rapidly changing tax environment.