09 Jan, 2025

An accountant for NBA stars describes the 'very advanced' technique of making ready taxes for professional athletes — from 'jock tax' to scorching tub write-offs

Professional athletes’ taxes are advanced as a result of they pay taxes in almost each place they play. John Karaffa, president of ProSport CPA, instructed Insider that athletes’ tax returns are as thick as reams of paper. From submitting in a number of jurisdictions to distinctive write-offs, Karaffa stated it is a “advanced” course of. […]

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