At WilkinGuttenplan, our dedicated team of experts help our professional sports clients manage their financial affairs in order to help sustain the lifestyle they desire for many years after their careers have peaked. In today’s fast changing world one never knows when that will be, so careful cooperative planning is extremely important.
Our professionals will work with you to develop immediate and long-term financial and tax strategies and create a detailed financial plan for the future. Throughout the entire process, maximizing your wealth and minimizing your taxes is our main focus.
Our areas of expertise include tax planning and preparation, budgeting, forecasting, accounts payable and other concierge / family office accounting services. Our professionals are familiar with your needs and well prepared to help you manage your financial affairs both, personally and professionally.
Wealth Management / Tax Planning, Preparation and Compliance
Our wealth management and tax planning process is extensive. We begin by reviewing your anticipated earnings and long-term cash projections. We discuss your financial goals with you and then work with your financial team to implement strategies to increase your wealth while minimizing you tax liability. And since we prepared over 1000 tax returns for athletes, we are familiar with multi-state and international taxation and any applicable deductions.
Our services include:
- Preparation of federal, state and local income tax returns
- Planning and implementation of tax minimization strategies
- State residency planning
- Teaming up with your investment advisors to have a coordinated plan
- Philanthropic planning and execution
- Estate and trust planning
- Charitable giving strategies
- Concierge/Family Office Services
For athletes, the time spent not working is often spent on family, travel and business-related issues. WilkinGuttenplan has a suite of concierge/family office services designed to significantly reduce stress in our clients’ lives while ensuring their financial security.
Concierge/Family Office Services we provide include:
- Maintenance of bank accounts
- Bill payment services
- Personal recordkeeping
- Cash flow management
- Create/implement monthly budgets and accounting reports
- Produce forecasted cash flow statements
- Assistance in achieving financial objectives and goals
Our goal is to work as a part of your team of advisors helping to secure your future and give you the peace of mind that only experienced CPAs can accomplish.