Archive for the ‘Publications’ Category

ProSport CPA Featured in GQ Article

Monday, April 25th, 2016

GQ magazine featured an article on NFL players and their financial decisions in April’s edition of the magazine. The article, Show Yourself the Money by Ben Austen, chronicled the efforts by leaders in the industry to help educate professional athletes on their business decisions.

ProSport CPA’s President, Dr. John Karaffa, shared valuable insight with the author on how NFL players tend to make riskier financial choices than warranted. Dr. Karaffa’s general advice to professional athletes is to be conservative with their investment dollars, investing in safe, tax-advantaged ways. Professional athletes make the most they’re probably going to make in their lifetimes at a young age, when they know very little about personal finance. Therefore, their financial decisions are very critical during their playing careers, so they can maximum how long their money will last during their early, long retirements.

GQ (Gentlemen’s Quarterly) is the premier men’s magazine that focuses on fashion, style, and culture for men. GQ has a massive international following with a readership of 1 million print subscriptions and 4 million viewers online.

For more information or to speak with a financial professional, knowledgeable about taxes for professional athletes, please contact Dr. Karaffa at (804) 363-9684 or visit us at www.prosportcpa.com.

http://www.gq.com/news-politics/newsmakers/201304/nfl-mba-program

The MBA Program for Retired NFL Players

BasketballElite Interview with John Karaffa

Monday, June 24th, 2013

BasketballElite caught up with John Karaffa of ProSport CPA at this year’s Portsmouth Invitational Tournament. ProSport CPA provides expert tax, accounting, and financial education services to professional athletes, including over 100 professional basketball players in the NBA, WNBA, and overseas.

For more information or to speak with a financial professional, knowledgeable about taxes for professional athletes, please contact Dr. Karaffa at (804) 363-9684 or visit us at www.ProSportCPA.com.

CLICK HERE FOR VIDEO >>>>> John Karaffa – Super CPA’s Advice for Pro Athletes

Richmond Times-Dispatch Profiles ProSport CPA

Monday, May 27th, 2013

The Richmond Times-Dispatch caught wind of ProSport CPA’s great story and ran a feature article on Memorial Day. Professional athletes, such as Virginia Tech’s Danny Coale who now competes for the Dallas Cowboys, realize the importance of having trusted, quality advisors on their team.

For more information or to speak with a financial professional, knowledgeable about taxes for professional athletes, please contact Dr. Karaffa at (804) 363-9684 or visit us at www.ProSportCPA.com.

http://www.timesdispatch.com/business/investment/article_4f0d8970-e00d-5830-bd6d-4f6ddf72cb96.html

2013-05-27 Richmond Times – ProSport handles accounting needs for pro athletes

Fox News Features ProSport CPA in Article on California’s Tax Hike

Friday, February 1st, 2013

Fox News enlisted the help of ProSport CPA’s founder, Dr. John Karaffa, in a highly-circulated article about California’s income tax rates. The article, Millionaire Athletes Flee States With High Income Taxes by Joshua Rhett Miller, analyzed Phil Mickelson’s recent comments about California’s newly-enacted tax increase on millionaires.

In the article, Dr. Karaffa commented about California being “already a very high tax state and it’s getting to a point where folks have to make a business decision as well as a lifestyle decision.” The Mickelson case helps to bring state taxation issues to the forefront as hot topic for professional athletes. Since taxes are a professional athlete’s largest expense, it is even more important than ever that professional athletes seek out quality, professional Certified Public Accountants to assist them fulfill their tax obligations.

Fox News is the most-watched news channel in the United States with a distribution of over 90 million subscribers.

For more information or to speak with a financial professional, knowledgeable about taxes for professional athletes, please contact Dr. Karaffa at (804) 363-9684 or visit us at www.prosportcpa.com.

http://www.foxnews.com/sports/2013/01/30/federal-state-tax-hikes-could-send-athletes-migrating-to-tax-friendlier-states/

2013-01-30 Fox News Article on California Tax Rate Hike

ProSport CPA’s President, John Karaffa, Named Accountant of the Month by Accounting Today

Friday, December 7th, 2012

Accounting Today magazine named Dr. John Karaffa its Accountant of the Month. The article is available online currently and will appear in the January 2013 edition of the magazine. More can be found by accessing the article online.

Accounting Today is a leading provider of online business news for the tax and accounting community, offering breaking news, in-depth features, insightful editorial analysis, and a host of Web-related resources and services.

For more information or to speak with a tax professional, knowledgeable about international taxes for overseas pros, please call Dr. Karaffa at (804) 363-9684 or visit us at www.prosportcpa.com.

John Karaffa Again Recognized as “Super CPA”

Tuesday, November 1st, 2011

Virginia Business has again recognized Dr. John Karaffa, the Founder of ProSport CPA, as one of its 2011 “Super CPAs” in the categoy of Individual Taxation. Virginia Business identifies the “best of the best” of the Certified Public Accountant (CPA) profession through this special program that highlights Virginia’s top CPAs for their contributions to their profession and to the prosperity of the Commonwealth of Virginia. Dr. Karaffa was a winner of the same award in 2010. The full results were released in the November edition of Virginia Business.

Dr. Karaffa’s company, ProSport CPA, is a tax, accounting, and financial education firm that specializes in helping professional athletes. More information is available at www.prosportcpa.com.

Dr. Karaffa Published in Virginia Business and Disclosures Magazines

Monday, September 19th, 2011

Virginia Business, with a readership of over 77,000 business decision makers across Virginia, and Disclosures, the official publication of the Virginia Society of CPAs with a readership of 10,000, each published an article recently penned by Dr. John Karaffa, the Founder of ProSport CPA. The article was published in the July/August edition of Disclosures and the September edition of Virginia Business online.

The article, Build Your Niche Practice with Preparation, Introspection, and Opportunity, provided insight to aspiring small business owners on how to successfully live out their dreams. The article profiled how the author combined his professional career and personal interests into a successful sports accounting niche practice and provided guidance on how to build a successful business.

Dr. Karaffa’s company, ProSport CPA, is a local tax, accounting, and financial education firm that specializes in helping professional athletes. More information is available at www.prosportcpa.com.

Links to the two articles are below: 

http://disclosures.vscpa.com/DigitalAnywhere/viewer.aspx?id=8&pageId=14

http://www.virginiabusiness.com/index.php/opinion/article/build-your-niche-practice-with-preparation-introspection-and-opportunity/314066/

FORUM Magazine Publishes Article by Dr. John Karaffa

Thursday, May 5th, 2011

John Karaffa Featured in Strayer University’s FORUM: Advancing Academic Discourse Winter/Spring 2011 Edition

An article written by Dr. John Karaffa, President and Founder of ProSport CPA, was published in the Winter/Spring 2011 edition of Strayer University’s magazine, Forum: Advancing Academic Discourse. Forum is the semiannual academic newsletter of Strayer University. The mission of Forum is to provide a venue for Strayer University faculty and academic administration to discuss issues affecting adult learners and share experiences that further professional growth.

The article written by Dr. Karaffa provided recommendations to Leaders in the National Football League, NFL Players Association (NFLPA), and NFL Teams to help them increase NFL player awareness about making better financial decisions. Recommendations revolved around the categories of (1) disabilities and injuries, (2) NFL pensions, (3) careers after football, and (4) financial education.

Dr. Karaffa’s company, ProSport CPA, is a local tax, accounting, and financial education firm that specializes in helping professional athletes. More information is available at www.prosportcpa.com.

The full article is attached Strayer University Forum Winter-Spring 2011

John Karaffa Recognized as “Super CPA”

Sunday, September 26th, 2010

Virginia Business has recognized Dr. John Karaffa, the Founder of ProSport CPA, as one of its 2010 “Super CPAs” in the categoy of Individual Taxation. Virginia Business identifies the “best of the best” of the Certified Public Accountant (CPA) profession through this special program that highlighs Virginia’s top CPAs for their contributions to their profession and to the prosperity of the Commonwealth of Virginia. The full results will be released in the November edition of Virginia Business.

Dr. Karaffa’s company, ProSport CPA, is a tax, accounting, and financial education firm that specializes in helping professional athletes. More information is available at www.prosportcpa.com.

Dr. John Karaffa profiled in the Journal of Accountancy

Thursday, July 1st, 2010

ProSport CPA Founder Tapped for Prestigious Accounting Journal

Dr. John Karaffa, President and Founder of ProSport CPA, is profiled in the July issue of the Journal of Accountancy, the leading journal in the accounting industry. The magazine selects Certified Public Accountants in all walks of life to profile in each issue. Dr. Karaffa’s background proved quite interesting for the journal, as his past jobs included stints as a Chief Financial Officer, Controller, Professor, Coach, and Professional Basketball Player.

Dr. Karaffa’s company, ProSport CPA, is a local tax, accounting, and financial education firm that specializes in helping professional athletes. More information is available at www.prosportcpa.com.

The full article can be found at http://www.journalofaccountancy.com/Issues/2010/Jul/20102722.htm.

Karaffa – Journal of Accountancy July 2010