It’s always a good idea to review your financial investments before the end of the year. Capital losses on securities are deductible up...

If you’ve received a letter from the IRS, don’t panic. Just call us soon. The IRS sends millions of notices to taxpayers during the late...

As a professional athlete, you can claim your summer training expenses as deductions against your earned income. Items like workout...

Want to know the status of your refund? If you e-filed you may receive refund information within 72 hours after the IRS has acknowledged...

If you are an employee, coach, or professional athlete at the minor league level and your organization does not offer you a retirement...

Have you seen your W2’s yet? The IRS requires that all employers forward their wage slips from the previous year to all employees by...

Think you’re eligible for credits you didn’t claim in a previous year’s tax return? Then, file an amended return and claim a credit for...

Be sure to organize your papers. This minimizes the time and expense its takes to prepare your taxes—and frees our advisors to...

Cleaning out the basement or garage this summer? Donating used equipment or autographed memorabilia is a great way to earn goodwill and a...

As a professional athlete you are taxed on income earned in states in which you perform services. Your team will withhold state tax on...

Even the simplest mistake can delay the processing of your return and refund. One of the most common mistakes according to the IRS is...

If you sold stock during the past year, the sales price of that stock is taxable, but you can offset that amount by any cost related to...

The Cautionary tale of Darryl Strawberry’s Battle with the IRS Darryl Strawberry’s tax and financial troubles tell a cautionary tale...

As a professional athlete or coach, you may deduct your business mileage. This includes miles driven to and from any arena other than...

Angles Pay $23,368,000 More Because of State Income Tax Rate The Anaheim Angels of Los Angeles captured the most sought after free agent...

Are Athletes Overpaid or Well Paid? At the heart of this debate is marginal revenue produced. If the marginal revenue produced by an...

Trading Spaces and Moving Expenses With training camp just around the corner for the NHL and NBA and all the athletes who change teams...

Please note: the IRS has increased scrutiny of employee business expenses–specifically business miles.  So to verify the business miles...

How much will it cost you in additional income tax dollars to play in Canada? With professional sports leagues operating in both Canada...

With the large fines being imposed by the National football League this past month as well as the talk of possible suspensions in the...