About The Position

Proven provides fractional CFO, CHRO, CMO, COO services, outsourced accounting, and HR support to growth-stage companies. We're expanding our services to address the unique tax needs of college athletes. Position Overview We're seeking an experienced tax professional to join us as a 1099 contractor specializing in tax preparation and planning for college athletes receiving NIL income. This is an emerging market with significant growth potential as thousands of student-athletes navigate complex multi-state tax obligations for the first time. The Opportunity College athletes are now receiving substantial NIL payments but face unique challenges: - Income reported on 1099 forms with no withholding - Multi-state tax obligations based on game schedules (similar to professional athletes) - Limited financial knowledge and family support - Need for estimated tax planning and quarterly payments This role offers the opportunity to build a specialized practice serving a growing market with guaranteed payment through our partnerships.

Requirements

  • Active CPA, EA (Enrolled Agent), or tax attorney credential
  • 3+ years of tax preparation experience
  • Experience with multi-state tax returns
  • Proficiency with tax preparation software (TurboTax Professional, ProSeries, Lacerte, or similar)
  • Strong understanding of:
  • 1099 income taxation
  • State income tax allocation rules
  • Estimated tax requirements
  • Self-employment tax considerations

Nice To Haves

  • Experience with professional athlete tax returns or multi-state taxation
  • Familiarity with apportionment rules for athletes/entertainers
  • Knowledge of NCAA sports and college athletic schedules
  • Experience building scalable tax preparation systems
  • Comfort working with young adults and families with limited tax knowledge

Responsibilities

  • Prepare federal and multi-state tax returns for college athletes receiving NIL income
  • Calculate state tax obligations based on athletic schedules and game locations
  • Develop estimated tax payment schedules and withholding recommendations
  • Create templates and systems for efficient, scalable tax preparation
  • Advise athletes and families on tax planning strategies
  • Coordinate with NIL agencies for payment deduction and processing
  • Build repeatable processes as the practice scales
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service