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?[…]
Harvey quoted in a breaking news topic about a major sports figure: “Most brokerage account agreements stipulate the use of binding arbitration in the event of a serious disagreement between the parties,” said Harvey Bezozi, a Florida accountant with athletes and entertainers as clients. “Arbitration is less formal and less costly than litigation, the parties Read more about In the News: The Athletic[…]
Harvey’s practice is focused on helping superstar entertainers, athletes, business owners, innovators, and wealthy families with their sophisticated tax planning and tax minimization matters. No wonder Forbes contacted him the day before SuperBowl LIV (54) to get his advice on how Super Bowl Rings are handled for tax purposes. Please enjoy the article entitled All You Read more about In the News: Forbes[…]
President Donald Trump often claims most people would never understand his taxes, and uses this as a defense of his refusal to share his tax returns with Congress or the public. Because it involves such a clear break from tradition, the President’s stubborn insistence on keeping his tax records private just feels wrong. However, it Read more about IRS Tax Wizard Speculates On What’s In President Trump’s Tax Returns[…]
There is nothing new about people moving from a northern state to the mild climate of Florida in their later years. Yet when octogenarian billionaire Carl Icahn recently announced plans to relocate not only his residence but also his entire business from New York to Miami, he was thinking about more than just warm, sunny Read more about How to Save Taxes by Moving From New York to Florida[…]
Harvey was quoted in an article written by Oliver Bullough (a genius reporter) on today’s most sophisticated asset preservation and protection strategy as follows: “The smart people want privacy,” explained Harvey Bezozi, a Florida financial adviser and tax expert who blogs under the name Your Financial Wizard. “South Dakota offers the best privacy and asset Read more about In the News: The Guardian[…]
For anyone seeking to preserve family wealth, developing a strategy to minimize estate transfer taxes is critical. Without a well-crafted mechanism to pass assets down to children, grandchildren, and future heirs, recurrent taxation can erode the value of an estate with each successive generation. By protecting your wealth from repeated exposure to transfer taxes—as well Read more about Enduring Generational Wealth – Dynasty Trusts & How the TCJA Enhanced Them[…]
Harvey has a unique “niche” tax practice. He only handles extremely large and complicated IRS problem cases, many for very famous celebrities and other well-known people, and almost all of his tax cases come from attorney insiders (music business; lobbyists; medical elite; mergers & acquisitions counsel) and informed CPAs. Even the most experienced tax resolution Read more about In the News: Tax Pro Today[…]