Anonymous wrote:Anonymous wrote:They make way too much, unfortunately time available for work is limited to evenings and weekends. But if you do the math they get paid between 15 to 20k per team. each team takes about 6 hours worth of work per week. For about 12 weeks in the fall and another 12 in the spring and another 20 or so in tournaments. Maybe a total of 160 hours per team so between 95 to 125 per hour.Anonymous wrote:Not enough to quit their day job.
Plus travel time to training and games. Plus tournaments. Plus player meetings. Plus dealing with crazy parents. Plus summer and winter sessions. No one is getting rich coaching youth soccer.
Anonymous wrote:They make way too much, unfortunately time available for work is limited to evenings and weekends. But if you do the math they get paid between 15 to 20k per team. each team takes about 6 hours worth of work per week. For about 12 weeks in the fall and another 12 in the spring and another 20 or so in tournaments. Maybe a total of 160 hours per team so between 95 to 125 per hour.Anonymous wrote:Not enough to quit their day job.
They make way too much, unfortunately time available for work is limited to evenings and weekends. But if you do the math they get paid between 15 to 20k per team. each team takes about 6 hours worth of work per week. For about 12 weeks in the fall and another 12 in the spring and another 20 or so in tournaments. Maybe a total of 160 hours per team so between 95 to 125 per hour.Anonymous wrote:Not enough to quit their day job.
Anonymous wrote:Most restaurants do not report cash transactions because it is a "cash" transactions and they know they can get away with it.
My daughter takes private soccer lesson at $100/hr and I actually asked the coach if he actually pays taxes on coaching soccer when parents pay him cash or personal check. He laughed at my question and said absolutely not.
Why would he pay tax if he can get away with it? It is very hard, if not impossible, to prove a cash transactions.
Anonymous wrote:Anonymous wrote:Most restaurants do not report cash transactions because it is a "cash" transactions and they know they can get away with it.
My daughter takes private soccer lesson at $100/hr and I actually asked the coach if he actually pays taxes on coaching soccer when parents pay him cash or personal check. He laughed at my question and said absolutely not.
Why would he pay tax if he can get away with it? It is very hard, if not impossible, to prove a cash transactions.
Because....it’s illegal?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Not enough to quit their day job.
Coaches with 2 teams can make 40-50K a year. Supplement that with private training, couple of camps in the summer, ... it's a living.
Yeah if you live 100 miles outside the beltway.
Even if inside the beltway, very rare the person that is making 20k per team. Maybe DA with A license. In most cases the high would be about 15k. Not enough to quit their day job.
Wow. 15K is pretty low. How many hours does a coach have to spend in total?
My son played D1 tennis at South Carolina and he is now coaching tennis on weekend for $90/hr. He coaches on both Sat. and Sunday from 7am-12pm on public courts next to where he lives between April and October. He clears about 25K per year and it is tax free. He day job is an accountant.
The travel club should charge more money so that they can pay coaches more. 15K is too low, IMHO.
Your son is a bad accountant.
I beg to differ. A great account shows their clients all of the legal ways to reduce tax liabilities. I empathize “legal”.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Most restaurants do not report cash transactions because it is a "cash" transactions and they know they can get away with it.
My daughter takes private soccer lesson at $100/hr and I actually asked the coach if he actually pays taxes on coaching soccer when parents pay him cash or personal check. He laughed at my question and said absolutely not.
Why would he pay tax if he can get away with it? It is very hard, if not impossible, to prove a cash transactions.
Because....it’s illegal?
If anyone ever drives above the speed limit, you’re doing it illegally. Hence, I assume you drive like a grandma.
Anonymous wrote:Anonymous wrote:Most restaurants do not report cash transactions because it is a "cash" transactions and they know they can get away with it.
My daughter takes private soccer lesson at $100/hr and I actually asked the coach if he actually pays taxes on coaching soccer when parents pay him cash or personal check. He laughed at my question and said absolutely not.
Why would he pay tax if he can get away with it? It is very hard, if not impossible, to prove a cash transactions.
Because....it’s illegal?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Not enough to quit their day job.
Coaches with 2 teams can make 40-50K a year. Supplement that with private training, couple of camps in the summer, ... it's a living.
Yeah if you live 100 miles outside the beltway.
Even if inside the beltway, very rare the person that is making 20k per team. Maybe DA with A license. In most cases the high would be about 15k. Not enough to quit their day job.
Wow. 15K is pretty low. How many hours does a coach have to spend in total?
My son played D1 tennis at South Carolina and he is now coaching tennis on weekend for $90/hr. He coaches on both Sat. and Sunday from 7am-12pm on public courts next to where he lives between April and October. He clears about 25K per year and it is tax free. He day job is an accountant.
The travel club should charge more money so that they can pay coaches more. 15K is too low, IMHO.
Your son is a bad accountant.
I beg to differ. A great account shows their clients all of the legal ways to reduce tax liabilities. I empathize “legal”.
You emphatize?
Anonymous wrote:Most restaurants do not report cash transactions because it is a "cash" transactions and they know they can get away with it.
My daughter takes private soccer lesson at $100/hr and I actually asked the coach if he actually pays taxes on coaching soccer when parents pay him cash or personal check. He laughed at my question and said absolutely not.
Why would he pay tax if he can get away with it? It is very hard, if not impossible, to prove a cash transactions.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Not enough to quit their day job.
Coaches with 2 teams can make 40-50K a year. Supplement that with private training, couple of camps in the summer, ... it's a living.
Yeah if you live 100 miles outside the beltway.
Even if inside the beltway, very rare the person that is making 20k per team. Maybe DA with A license. In most cases the high would be about 15k. Not enough to quit their day job.
Wow. 15K is pretty low. How many hours does a coach have to spend in total?
My son played D1 tennis at South Carolina and he is now coaching tennis on weekend for $90/hr. He coaches on both Sat. and Sunday from 7am-12pm on public courts next to where he lives between April and October. He clears about 25K per year and it is tax free. He day job is an accountant.
The travel club should charge more money so that they can pay coaches more. 15K is too low, IMHO.
Your son is a bad accountant.
I beg to differ. A great account shows their clients all of the legal ways to reduce tax liabilities. I empathize “legal”.