Taxation of Professional Athletes

Hoosiers love their sports. It’s no secret! Professional athletes can also make big bucks. It’s no secret either. But, have you ever wondered what the tax consequences of those big salaries are? If so, I would like to invite you to an important and exciting upcoming IndyBar CLE on August 31 at IndyBarHQ! During this program, representatives from the Indiana Department of Revenue will discuss Indiana’s tax laws as they apply to professional athletes while in Indiana. Stephen Madden and Chris Russell, Indiana Department of Revenue will be speaking on this topic. Hope to see you there! Register now.

This article was submitted by Amanda Gillen, KPMG. If you would like to submit content or write an article for the Tax Section, please email Deneen Fitzgerald at dfitzgerald@indybar.org.

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