Leaders.com
  • Login
  • Subscribe
  • Business
  • Leadership
  • Wealth
  • Master Classes
  • Business
    • Entrepreneurs
    • Executives
    • Marketing and Sales
    • Social Media
    • Innovation
    • Women in Business
  • Leadership
    • Personal Growth
    • Company Culture
    • Public Speaking
    • Productivity
    • Hiring
    • Social Issues
    • Leaders
  • Wealth
    • Investing
    • Cryptocurrency
    • Retirement
    • Venture Capital
    • Loans and Borrowing
    • Taxes
    • Markets
    • Real Estate
  • Master Classes
  • Login
  • Subscribe
Taxes

Steph Curry of the Golden State Warriors was subject to nearly $1 million in jock taxes in 2019 (Photo by Ezra Shaw/Getty Images)

By Hannah Bryan Leaders Staff

Hannah Bryan

Hannah Bryan

News Writer

Hannah Bryan is a news writer for Leaders Media. Most recently she was a reporter for the Sanilac County News...

Full bio


Learn about our editorial policy

Jan 30, 2023

The Tax Remote Workers Should Watch For

Professional athletes are often forced to pay income tax to every state they’ve visited—a little-known rule that could come into play for remote workers.

Key Details

  • “Jock tax” is the fee professional athletes often have to pay to every city or state they visit during their season. 
  • Other professionals who travel—like travel nurses or freelance graphic designers—aren’t subject to a similar tax because there’s no easy way to track where an individual travels and works during the year. Athletes, however, are on TV while working in different cities and states.
  • This tax often goes unnoticed, but with more workers taking advantage of remote-work benefits, something similar to the jock tax could come into play for more people. 
  • In addition to the $13,900,000 in federal taxes and $5 million in California state taxes that Golden State Warrior basketball star Steph Curry was subject to on his $37,457,000 salary during his 2019 season, he was subject to an additional $945,000 in state jock taxes to 17 other states and one Canadian province.

Why it’s news

With more workers traveling across the country due to the flexibility of remote work, a tax similar to the jock tax could be imposed on remote workers. As far back as 1990, Philadelphia attempted to tax athletes, doctors, and lawyers who visited the city for work. 

Already, half of the U.S. states that charge income tax collect taxes from visitors who work for at least one day in the state. Others only tax visitors if they work in the state for a set period of time, ranging from days to weeks. 

Typically, states only go after high-income earners with trackable schedules, like athletes, because it would be too difficult to track the average remote worker. However, with the number of remote workers multiplying over the last several years, states could start to change their approach. 

This tax method isn’t necessarily a greedy grab for more income tax. States could potentially lose money that would otherwise be gained from permanent residents’ income tax if major businesses start hiring out-of-state workers. Taxing out-of-state visitors could be one way for states to recoup their losses. 

It’s unlikely states would tax visitors who only stop in the state for a few days, but visitors who stay longer could be fair game. States could even regulate that big businesses need to track the general location of their employees for tax purposes, The Hustle reports. 

Legislation to protect remote workers has been considered before, but the bills have often stalled in Congress. However, the growing number of remote workers could force Congress to pay closer attention. 

Mobile Workforce Coalition is one of several organizations asking Congress to intervene on the federal level by imposing a 30-day grace period for any remote worker visiting another state.

Home / News / The Tax Remote Workers Should Watch For
Share
FacebookTweetEmailLinkedIn

Related Stories

Side Hustles—One Answer To a Recession

by Hannah Bryan Leaders Staff
Business

2 hours ago

side hustle

More Americans are working extra jobs, or side hustles, to create additional cash flow while expenses rise.

Key Details

  • A 2022 survey from Insuranks found that 93% of Americans have some sort of side hustle in addition to their full-time or part-time job. 
  • Of those who work side hustles, 80% have a full-time job. Both full-time and part-time workers say they dedicate 13 hours per week to their side hustle. 
  • Though a side hustle cuts into available free time and may add some stress, the majority of respondents planned to continue working the side hustle and say the inconvenience was worth it. 
  • Most people working side hustles are doing so to have extra cash, whether that cash is needed to pay for necessary expenses or for spending money. 
  • However, working a side hustle can have its downsides. Depending on the side hustle, a worker may need additional insurance or pay more taxes. 

Go deeper

FacebookTweetEmailLinkedIn

Apple Heads To Hollywood 

by Tyler Hummel Leaders Staff
Entertainment

5 hours ago

AppleTV+ is shifting its attention from streaming exclusivity to the releasing first-run feature films into the theaters. 

Key Details

  • Apple is planning to spend $1 billion annually to produce theatrically released films, anonymous sources tell Bloomberg. 
  • This marks a change for AppleTV+ plus, which has exclusively released its content on its streaming service, a move that could bring greater brand awareness to the smaller platform. 
  • The company already has several high-profile exclusives set to release this year, including Martin Scorsese’s Killers Of the Flower Moon and Ridley Scott’s Napoleon—which could see these potential Oscar contenders receiving theatrical releases. 
  • AppleTV+ reportedly has between 20 million and 40 million subscribers, making it one of the smaller contenders in the “streaming wars.”  

Go deeper

FacebookTweetEmailLinkedIn

DOE Bets On Risky Energy

by Savannah Young Leaders Staff
Environment

Mar 25, 2023

ARPA-E Fast Pitch - Dr. Jenifer Shafer, Dr. Robert Ledoux, and Dr. Ahmed Diallo

The Department of Energy (DOE) is hosting its annual ARPA-E, or Advanced Research Projects Agency–Energy, conference with many innovations focusing on carbon reduction.

Key Details

  • ARPA-E funds risky energy projects that have difficulty receiving private sector investment.
  • The agency has given out some $3.3 billion to more than 1,400 projects since 2009, according to Bloomberg writer Ari Natter.
  • ARPA-E projects have led to some $11 billion in private sector funding, the formation of 131 companies, and 934 patents, according to the Energy Department.
  • Recent efforts showcased at the conference focus on decarbonization, including microbes that can absorb elements needed for batteries and carbon-negative cement.

Go deeper

FacebookTweetEmailLinkedIn
An attendee tries Google Glass during the Google I/O developer conference on May 17, 2013 in San Francisco, California.
Business

Mar 25, 2023

Tech Too Good To Be True

by Savannah Young Leaders Staff
Productivity

Mar 24, 2023

Working Nine To Five … Well, It’s Not That Simple

by Hannah Bryan Leaders Staff
OpenAI, the parent company of ChatGPT, CEO Sam Altman, has acknowledged the AI risks and potentially dangerous outcomes of ChatGPT
Business

Mar 24, 2023

Companies Scrambling For A.I. Regulation

by Savannah Young Leaders Staff

Recent Articles

Leadership

Mar 22, 2023

Creating Loyal Employees Is About More Than Just the Paycheck

If you think simply paying your employees more will gain their loyalty, think again.

Business

Mar 20, 2023

Worried About ADHD At Work? Here’s How It Might Actually Help You

Neurodivergent people often have a high level of creativity and innovative thinking.

Productivity

Mar 17, 2023

Unlocking Your Inner Drive: How to Motivate Yourself

Make real progress by trying out these techniques for boosting your self-motivation.

  • Business
  • Leadership
  • Wealth
Join the Leaders Community

Get exclusive tools and resources you need to grow as a leader and scale a purpose-driven business.

Subscribing indicates your consent to our Terms & Conditions and Privacy Policy

Leaders.com
  • Privacy Policy
  • About
  • Careers
  • Cookie Policy
  • Terms
  • Disclosures
  • Editorial Policy
  • Member Login

© 2023 Leaders.com - All rights reserved.

Search Leaders.com