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Give a little credit to NDSU... its not just because SDSU is making mistakes.
If NDSU doesn't have the penalty and pick, they probably score a TD from the 4 making it 28-7, and you could probably call game.
I expected the offense to show some issues here and there with a completely new staff and a lot of new skill players, but probably not this much.
The defense? Its been the same staff. Sure there are some new players, but goodness they have had the same system for these 5 years. It makes no...
For 99% of these athletes, no it won't be. Most of these guys are going to make less than a couple hundred k.
For the others, any tax advisor worth their salt will figure it out.
All of these athletes will be receiving a 1099 as they are not viewed as employees. Any decent tax professional would advise them to set up a LLC, file a 2553 and flip them to a SCorp. Then pay a reasonable wage and avoid some SE tax. Some pretty basic but slam dunk things.
Instead they'll pay...
Depends on their tax liability from prior year. To avoid penalties and interest they have to pay in 100% of their prior year tax liability if AGI is less than 150k; more than 150k and they would need to pay in 110% of prior year tax liability. This is regardless of filing status.
NDSU alum here and from my perspective SDSU shows up for the NDSU game because its viewed as their championship every year. I live in/grew up in SoDak (also related to Stieg) and work with many SDSU alums... NDSU is their biggest rival and they take things to a different level for that game...