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Cashflow Strategies for the Sports & Entertainment Industry

KROST

This is one of the articles in the KROST Industry Sports & Entertainment Issue, titled “Understanding the Complexities of Tax for Professional Athletes” by Alan Lo. The post Cashflow Strategies for the Sports & Entertainment Industry appeared first on KROST. CPA, MAcc & Randall Poe.

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IRS cracks down on illegal sports betting

Accounting Today

The Internal Revenue Service's Criminal Investigation division is targeting illegal activity tied to sports betting as the pro football season gets underway.

Sports 118
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Client Accounting Service Strategies for Success in the Sports & Entertainment Industry

KROST

This is one of the articles in the KROST Industry Sports & Entertainment Issue, titled “Client Accounting Service Strategies for Success in the Sports & Entertainment Industry” by Stacey R. The post Client Accounting Service Strategies for Success in the Sports & Entertainment Industry appeared first on KROST.

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How States Tax Sports Betting: A Comparative Analysis

Withum

When it comes to sports betting, taxes play a crucial role in shaping the industry. In May 2018, the Supreme Court invalidated The Professional and Amateur Sports Protection Act (PASPA), a federal law enacted in 1992 restricting sports betting in most states. The state levies a tax rate of 36% on sports betting revenue.

Sports 59
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Let’s End Tax Break Giveaways for the Fat Cats of Pro Sports

CPA Practice

By Girard Miller, Governing (TNS) With Super Bowl LVIII fresh on our minds, it’s a good time to think twice about the local economics of professional sports. Since the days of the Roman Colosseum, humans have reveled in their spectator sports in huge arenas. Local officials face enormous political pressure to cater to these cravings.

Sports 98
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The best accounting software for a social or sports club

Reckon

Managing the finances of a sports club or association can pose certain challenges. Many local sporting clubs and associations work within very tight financial constraints, often relying on volunteers to help manage the finances. But what should you be looking for in good accounting software for your sports club or association?

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Withum Extends Its Agreement With Premier Sports Network for 2024

Withum

Premier Sports Network is pleased to announce it has extended its agreement for a second year with Withum, a Top 25 Public Accounting and Advisory firm in the US. As a Player Care Partner at PSN, Withum has been able to grow its sports desk and portfolio, working closely with some of the highest-performing athletes in US sports.

Sports 59