Key Highlights
- Understanding Income Streams: Jeff Locke breaks down the three main income types for NFL players—W2, 1099 endorsement income, and investment income—and their tax implications.
- Rookie Tax Mistakes: Sam Acho discusses common missteps in charitable giving and introduces the concept of a donor-advised fund to enhance giving strategies.
- Avoiding Tax Penalties: Zach Miller shares his personal experience of overpaying taxes and emphasizes the importance of integrated tax and investment strategies.
- Strategic Tax Planning: Insights into deferring investment income to reduce tax burdens during a player's career.
Quotes
- "The rookie mistake that I see from NFL players is they're giving, but not giving well." – Sam Acho
- "You don't want any more income coming in. You want to defer as much as you can to when you're done playing." – Zach Miller
For more details and inquiries, reach out to AWM Capital at 602-989-5022 or visit awmcap.com.
