June 08, 2020
IRS Rules Target Coaches at Duke, Notre Dame, Hospital Chiefs
The law doesn’t apply to employees at many public colleges. That means Clemson University football coach Dabo Swinney is able to duck the tax on his more than $9 million salary, as is University of Kansas basketball’s Bill Self on his $4 million income. Those institutions can claim tax-exempt status as a government unit, and not as a tax code section 501 organization.