Updated over 8 years ago on . Most recent reply
Accepting an upfront payment for a 10 year contract
Hello all,
I have a very wired yet interesting question. If I were to except an upfront payment of $300,000 for signing a 10 year contract, what would be the benifets for the people giving me the payment be (if any)? Can they right it off on taxes? Would I take 33% out of that size of a payment for taxes?