Accounting Services for Professional Athletes
Professional athletes, bodybuilders, coaches, trainers, and anyone else who works within the sports industry require a different level of accounting support than the average business. At Todd's Accounting Services, we understand the complexities of accounting for the sports industry and possess the experience to efficiently manage your finances and save you money on taxes.
While you're busy training, we'll handle the accounting and tax issues associated with things like royalties, endorsements, and merchandising agreements. We'll also leverage tax regulations to make sure you retain more of your income. We'll review your entire financial picture to develop a creative strategy that reduces tax exposure and maximizes your wealth.
Our goal is to give you the peace of mind of knowing that your money is being managed properly. When you work with us, you can feel confident that all appropriate financial controls are in place to protect your assets. We'll also ensure that your state and federal taxes are calculated correctly and paid on time to avoid any tax penalties.
Accounting and Tax Strategies for Athletes
- Accounting and bookkeeping services
- Financial planning
- Wealth management
- Royalty tracking
- Licensing and royalty audit services
- Profit participation audits
- Evaluation and improvements of internal controls
- Budgets for managing costs
- State and federal tax planning and compliance
- Income tax preparation for entertainers
- Cash flow reporting and maintenance
Contact our Miami, FL accounting firm now at 786-242-0555 or request a consultation online to learn more about our specialized accounting and tax services for professional athletes.