As a professional athlete or entertainer, your body is your business. The Game Plan practice of Daszkal Bolton provides accounting for athletes and entertainers, including tax planning and compliance services as well as financial management consulting. Our accounting for athletes Game Plan helps athletes and entertainers maximize their wealth while reducing taxes. Our CPA experts specialize in tax planning and preparation, risk management, financial forecasting, budgeting and investments in a discreet and prudent manner to adhere to the needs of our high-profile clients. While you develop a game plan on the field, we take care of your Game Plan away from the sidelines to plan your financial needs, goals, and eventual retirement.
Unlike most professions, professional athletes and entertainers face a unique set of challenges in handling current and future finances. In fact, it’s near impossible task to handle on your own. You need an accountant you can trust to protect your money while understanding your financial planning needs. Our accounting for athletes team includes financial planners, CPAs and tax experts, as well as with bankers, attorneys, wealth managers and insurance professionals.
Our goal is to simplify your financial life and offer the guidance you need to secure a financial well-being for years to come. This means we offer more than basic accounting for athletes. We stand by your side to ensure the advice we offer as well as that of your agent, insurance broker, banker, attorney and other professional advisors is consistent and unified. Our wealth management and tax planning is comprehensive. Dependent on your goals, we begin with your anticipated earnings and move toward cash projections to ensure the most effective and beneficial tax plan for your earnings.
The accounting professionals at Daszkal Bolton will handle your bills to review bank accounts for identity theft and other fraudulent charges. We will provide you with a monthly financial statement so you know exactly what your net worth is, what you have, your expenses and your income. We act as liaisons between you and your trusted advisors which include bankers, attorneys, agents and others to give you peace of mind about your future.
Get ahead on your financial Game Plan accounting process today and contact the Professional Accounting CPAs at Daszkal Bolton to find the Game Plan solution that is right for you.
Perhaps more so than any other taxpayer, the professional athlete has been unfairly penalized by exclusions in the TCJA. With tax deductions eliminated, what are they to do?
Many athletes simply don’t have the experience in managing large sums of money or understanding the ramifications of the high-dollar assets they are purchasing. A qualified accountant can help the athlete establish positive savings and budgeting behaviors from the start. In fact, the best time for the athlete and accountant to meet is before the athlete signs their contract and receives a signing bonus.
To learn more about sports and entertainment accounting at Daszkal Bolton, simply fill out our contact form, or call (561) 367-1040.
We are pleased to announce that the Daszkal Bolton team has joined CohnReznick, effective March 1.
