What is a Qualified Opportunity Zone? This is the story of an entrepreneur who deferred 100% of his capital gains tax on the sale of his business. This blog is for the entrepreneur who owns a business and thinks one day he might sell. One of the unknowns about...
How to Invest as an Athlete? Investing can be a complicated topic, but it doesn’t have to be. The goal of investing is quite simple, position your money now to reach a specific goal in the future. I call this starting with the end in mind. Every great decision...
What is a Donor Advised Fund? A Donor Advised Fund (DAF) is a great tool to consider for those with extraordinary income. Today we will break down what a Donor Advised Fund is, who should consider a Donor Advised Fund, and what tax benefits you will receive....
Picking a Financial Advisor for Athletes As an athlete, one of the hardest things to do is to make money playing sports. Less than .05% of high school athletes will ever become professional athletes. Choosing a financial advisor for athletes should be easy but...
7 Ways for Professional Athletes to Reduce Their Tax Bill Professional athletes are blessed with large incomes in short windows. The downside of that large income is a large tax bill. One that often becomes the single largest expense for any professional...
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JLS Wealth Q1 Market Commentary
Being drafted is a culmination of years of hard work. To maximize this time in your life, let us look at the 5 steps every athlete should take BEFORE you sign your first contract. 1. Build Your Team Who should be on your team? Wealth Manager | This is your financial...