“Live Like a College Student,” Karaffa says.

January 15th, 2018 Off

John joins other finance pros to offer tips for spending less and saving more.   Read the article here.   2018-01-02 The Normal Person’s Guide to New Year’s Resolutions – Spending Less and Saving More

NHL Players’ Salaries Shrink by Millions After Taxes

October 15th, 2017 Off

What do National Hockey League athletes really make? The players are lucky to see about a third of their original salaries after federal taxes, state taxes, and other financial obligations. Read More at Bloomberg

Think Playing Quarterback Is Tough? Try Sorting Out an Athlete’s Tax Bill

September 15th, 2017 Off

Some professional athletes may score giant signing bonuses and big paychecks, but they also can be sidelined by tax troubles. Three tax experts who specialize in pro sports reveal a few surprises that routinely blindside new players. Read More at NerdWallet

Tax Hints for Pro Gamers

February 11th, 2017 Off

As a gamer competing in eSports, you’re facing some big financial decisions and filing taxes needs to be a high priority. Some pro gamers are taking too many chances with the Internal Revenue Service (IRS) by not complying with U.S. tax laws. Different countries have different rules regarding income that must be declared. Americans, no […]

ProSport CPA Featured in Accounting Today

January 31st, 2017 Off

“Tax season is when we’re at our best,” John Karaffa said. “We prepare for it the entire off-season.” Check out ProSport CPA’s mention in Accounting Today. Look under the subhead “Starting All Over Again.” This is why we are THE Tax Pro for the Pros®! http://www.accountingtoday.com/news/making-the-best-of-busy-season

Tax Hints for Overseas Pro Basketball Players

December 20th, 2016 Off

You’re facing some big financial decisions and filing taxes needs to be a priority. Some American athletes are playing a dangerous game with the Internal Revenue Service (IRS) by not complying with U.S. tax laws. Others are passing up valuable opportunities to receive refunds from their host countries. As Americans, no matter where we earn […]

ProSport CPA’s John Karaffa on NBA Radio’s Above The Rim (Sirius XM)

May 27th, 2016 Off

NBA Radio on Sirius XM invited athlete tax expert, Dr. John Karaffa of ProSport CPA, on the program to discuss the tax ramifications of playing professional sports in the U.S., Canada, and overseas. Hosts Joel Meyers and Antonio Davis shared their intrigue with the vast complexity of tax filings for professional athletes and expressed great […]

ProSport CPA Featured in GQ Article

April 25th, 2016 Off

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 […]

Tax Hints for Canadian Football League (CFL) Players

December 1st, 2015 Off

For Americans playing in the Canadian Football League (“CFL”), along with learning the playbook, absorbing the foreign culture, and taking care of business on the field, filing taxes should be of paramount concern. Some American imports, however, are playing a dangerous game with the United States’ Internal Revenue Service and the Canada Revenue Agency by […]

BasketballElite Interview with John Karaffa

June 24th, 2013 Off

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 […]