This Butler Alum Helps Professional Athletes Do Their Taxes
By Megan Collins ’22 We patiently anticipate the feeling every year: Your heart racing as you inch closer and closer to the edge of your seat. There are less than ten seconds left on the shot clock. You hear that distinct sound of sneakers squeaking on polished hardwood floors, and the uproar of the […]
Odd Job: Professional athletes have super-complicated tax returns. This guy can help.
Playing all over the country means that basketball players and other sports stars need to file in multiple states. Enter: ProSport CPA. By Luke Winkie Doing your taxes is frustrating, but doing your taxes when you’re accumulating paystubs in a variety of states, precincts, and countries can make an annoying process downright draconian. Uncle Sam […]
NCAA Athletes Sure to Face Tax Hit as Endorsement Checks Arrive
Vote suggests sports governing body is softening stance on divisive issue Comes amid legislative action at state level The NCAA may need to let college athletes work with financial advisers now that the organization has said it will move toward a system that would let the athletes benefit from marketing themselves, several tax professionals said. […]
6 Tax Breaks for Homeowners
By Devon Thorsby Whether you’re gearing up to file your taxes this year, researching what’s ahead for next year or simply contemplating the benefits to buying a house in the future, there’s a lot to consider. Under the Tax Cuts and Jobs Act, which takes effect for tax filings for the 2018 calendar year, […]
‘Pros should only work with pros’
By Roger Russell With the 2018 National Football League season underway, many of John Karaffa’s clients are very hard at work. Karaffa, the founder and president of ProSport CPA, limits his practice to professional athletes and coaches, and currently numbers among his clients more than 500 athletes in all major professional leagues, with over […]
Richmond Times-Dispatch Profiles ProSport CPA
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 […]
AICPA Campaign Profiles John Karaffa
Certified Public Accountant Marketing Campaign Profiles Dr. John Karaffa of ProSport CPA The American Institute of Certified Public Accountants (AICPA) has chosen Dr. John Karaffa as one of its key members for the recent advertising campaign to attract new entrants into the profession. Start Here, Go Places (www.startheregoplaces.com) was created by the AICPA to inform […]
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