Sports & Entertainment
Centered in the heart of the mid-Atlantic region, our team specializes in the various fields of financial management services needed by the everyday athlete and entertainer. Capaldi Reynolds & Pelosi’s Sports and Entertainment team partners with athletes and entertainers as they tackle the unique financial challenges they face, both during their careers and over the long term.
Much like a quarterback needs their offensive line to provide support and protection during a game, today’s athlete and entertainer needs the protection and support of solid financial managers and accounting teams to help navigate ever-changing and dynamic economic changes to help maximize growth opportunities and limit financial risk. Capaldi Reynolds & Pelosi and CRA Financial have collaborated to form a specialized team of accountants and financial managers poised to aid our athletes and entertainers with services such as:
- Federal and multi-state tax compliance, consulting, and planning solutions
- Financial Management Services
- Personal CFO Services
- Retirement Planning
Industry Insights
Charitable Giving Strategies
While there may be a lot of wisdom in the proverb “May your charity increase as much as your wealth,” there can also be wealth in properly planning your charitable giving. This wealth is derived from the economic benefit that can result from tax savings achieved by...
Non-Grantor Trust: A Tool for Estate, Asset Protection and Income Tax Planning
While there are many forms and types of trust, this article highlights some of the various beneficial structures that encompass the use of non-grantor trusts. The use of non-grantor trusts to achieve estate, asset protection and income tax planning should be...
Should I Give My Home to My Children?
I am often asked whether it is a good idea for elderly parents to transfer their home to their children. I always ask: “Why do you want to do this?” The most common reason is to protect the house in the event one or both of the parents need nursing home care. First, I...
New Status for Therese Connell
Therese Connell, one of the firm’s Partners and Director of its Estate and Trust department, marks 25 years with the firm this year. She has decided to move to part-time status at Capaldi Reynolds & Pelosi effective August 31, 2018. Therese has served in her...
Social Security: Types of Benefits and Marriage/Divorce Considerations
There are a many different benefits offered by the Social Security Administration, and knowing your options and requirements is essential. Don’t expect the Social Security Administration to know who you married, who you divorced, whether your spouse or ex-spouse died,...
NEW JERSEY HEALTH INSURANCE MANDATE
New Jersey Health Insurance Mandate to be effective in 2019: In response to the repeal of the Affordable Care Act’s (ACA) federal health insurance mandate that will become effective in 2019, legislation was signed on May 30, 2018 by New Jersey Gov. Phil Murphy whereby...