On July 4th, 2025, One Big Beautiful Bill Act (OBBBA) was signed into law by President Donald Trump. The legislation has been branded as the president’s signature tax and economic policy to help working class Americans. The question you, as the reader, are asking is if you will benefit from the new law?

On December 12 th , 2025, Quinn Hughes was traded from the Vancouver Canucks to the Minnesota Wild in a blockbuster trade that shocked the hockey world. The Norris Trophy winning Hughes was born in Florida, grew up in Michigan, and attended the University of Michigan before being drafted by the Canucks. As a high profile, prolific athlete, his tax situation will be scrutinized. Hughes' background on paper provides the opportunity for him to have established himself as either

One of the most marketed elements of the new OBBA is the creation of 530A Bank Accounts, branded as “Trump Accounts.” It is important to note that there is a provision to allow these accounts to be open but they are not available for contributions until July 5th, 2026. When they do come on, it’s important for parents to make the most informed decision when planning for their children’s future and putting them in the best position to meet long-term goals.

The perceived percentage of tax to be paid by Jalen Hurts and Patrick Mahomes on their Super Bowl bonuses will be absorbed by their home...

How Florida, Tampa, & Vegas have taken advantage of their tax situation to capture four of the last five Stanley Cups. Introduction This...

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A comprehensive look at both the US and Canadian tax stance on how signing bonuses are taxed and the overall affects these policies have...

AFP Consulting, LLC is proud to announce that Alan Pogroszewski and Kari Smoker’s article, Name Image and Likeness: Three words that...

How deferred compensation in athletes’ contracts has California scrambling to stop this money from escaping taxation within that state....

Signing bonuses are common, but how they are taxed is often misunderstood. Introduction There are many factors that need to be taken into...

With student athletes now able to profit from their likeness in the form of name, image and likeness, Universities like their...

Team fines are not taxable to fund administrator as long as they are properly categorized. As practice starts, a teammate got stuck in...

Judge Rules Pittsburgh’s Facility Fee is a Violation of Pennsylvania’s Constitution and Prohibits the City from Collecting It UPDATE AS...

Draft prospect Shane Wright falls from first overall to fourth and in the process reaps the financial reward. By: Alan Pogroszewski...

Introduction On June 30, 2021, the National Collegiate Athletic Association (NCAA) released a statement allowing college athletes to...

Whether you are a seasoned veteran or a rookie navigating tax season for the first time, it can prove to be an extremely stressful time...

How the Pandemic, Covid-19 Protocol and the bubble have affected how the Jock Tax is Calculated and Reported Introduction During the...

Trainer tips have always been considered income and should be reported and included on your tax return. However, a change in law means...