Karaffa Maintains a Work-Life Balance

January 30th, 2019 Off

John joins other CPAs to discuss keeping family, exercise, and fun in balance during busy tax seasons. Read the article here. 2018-09-10 Not Desk Jockeys – Journal of Accountancy    

MLB Champs Face Steep Tax Burdens

January 30th, 2019 Off

Bloomberg asked John Karaffa how playoff bonuses are taxed. 2017-11-03 BNA Tax (Bloomberg) – World Series Bonuses Subject to Steep Income Taxes

Most Pros Will Benefit from Lower Tax Rates

January 30th, 2019 Off

John shares some of the advice he offers clients for improving their tax situation. 2017-12-19 The Accountants’ Full Employment Act – Accounting Today  

Pro Athletes and Team Trades

January 30th, 2019 Off

In the Daily Tax Report, John explains how players might be financially affected during trades. 2018-03-13 BNA Tax (Bloomberg) – Sports Team Trades

California Tax Rates Can Prove a Heavy Burden

January 30th, 2019 Off

John tells Fox Business how high-tax states affect the pros. 2017-02-22 Fox Business – Lakers California Tax Rate An Obstacle  

Tax Season Trials for CPAs

January 30th, 2019 Off

“We’re at our best,” says John Karaffa of his firm, ProSport CPA. 2017-01-31 Accounting Today – Making the Best of Busy Season

6 Tax Breaks for Homeowners

January 16th, 2019 Off

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, […]

Everything Your New Year’s Resolutions Will Do to Your Brain and Body: Spending Less and Saving More

January 3rd, 2019 Off

By Adam Elder   How long does it take before it starts to feel like a success story, rather than a punishment? You probably heard this stat from earlier this year: 40 percent of adults don’t even have 400 bucks to cover an emergency if they needed to. No surprise, then, that spending less money and saving […]

‘Pros should only work with pros’

September 11th, 2018 Off

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 […]

John Karaffa Discusses 2018 Tax Changes with Accounting Today

January 15th, 2018 Off

Among CPAs, it’s common to hear a major piece of tax legislation called “The Accountants’ Full Employment Act” — and the Tax Cuts and Jobs Act is no different. Having passed in the Senate in the early hours of Wednesday, and with only a purely procedural second vote in the House due Wednesday morning, the […]