The Personal CFO and Why You May Need One

The Personal CFO and Why You May Need One

Every sophisticated enterprise, from a mid-sized company to an international corporation, from a major record label to the “loan out” company of a rock star or professional athlete, needs a Chief Financial Officer (CFO). This top-level executive supervises and coordinates the efforts of the accounting team, attorneys, and everyone else involved in the organization’s finances. Read more about The Personal CFO and Why You May Need One[…]

In the News: Bloomberg

In the News: Bloomberg

It’s hard to tell whether or not Maxwell’s finances ‎are part of an intelligently planned and thoughtfully engineered blueprint. I would imagine that the family inheritance / trust was constructed by a highly competent estate tax attorney. Harvey Is quoted by Bloomberg in this fascinating article entitled: “Mystery of Ghislaine Maxwell’s Wealth Hangs Over Sex-Abuse Read more about In the News: Bloomberg[…]

Can a 2020 Payroll Tax Cut Save the Economy? Here Are the Pros and Cons

Can a 2020 Payroll Tax Cut Save the Economy? Here Are the Pros and Cons

As the COVID-19 pandemic rages on, America continues to struggle with the dual questions of how to safeguard public health, and how to revive an economy that has been put on emergency hold. As a way to both ease suffering and stimulate economic growth, President Trump and others have suggested declaring a payroll tax holiday Read more about Can a 2020 Payroll Tax Cut Save the Economy? Here Are the Pros and Cons[…]

In the News: Bloomberg Tax & Accounting

In the News: Bloomberg Tax & Accounting

We are awaiting Congress for appropriate clarification regarding expense deductibility when Covid-19 SBA PPP loans are forgiven and the usual taxable income from debt forgiveness pursuant to Internal Revenue Code (IRC) Section 61(a)(12) is determined to be tax-free income. Harvey is asked by Bloomberg Tax to quote on this hot topic in the attached article Read more about In the News: Bloomberg Tax & Accounting[…]

How Do Some Star Athletes Build Wealth While Others Lose It All?

How Do Some Star Athletes Build Wealth While Others Lose It All?

In this age of slow-motion replays, we often see a championship determined by whether a single toe or seam of a ball grazes a few millimeters of chalk. Yet for many athletes, such a game-changing moment is just the beginning of a lifetime spent tiptoeing the fine line separating financial well-being from monetary distress. To Read more about How Do Some Star Athletes Build Wealth While Others Lose It All?[…]