Steve Nash’s recent signing revives international income tax debate Steve Nash is a two time league MVP who has played in the NBA since being drafted by the Phoenix Suns in the 1996 entry draft. Nash, from Johannesburg, South Africa, was raised in British Columbia and with his recent free agent status had many Canadians […]
Please note: the IRS has increased scrutiny of employee business expenses–specifically business miles. So to verify the business miles you drove during a tax year, it’s important you know how the IRS defines business miles for a professional athlete and how to document your legitimate business miles. Here’s what the IRS considers to be legitimate, […]
How much will it cost you in additional income tax dollars to play in Canada? With professional sports leagues operating in both Canada and the US, athletes and their representatives should understand the international income tax consequences of playing across the border. Failure to do so could cost hundreds of thousands of dollars in additional […]
