Singer Burke’s Managing Partner, Matthew Burke, recently sat down with the entertainment banking team at City National Bank to discuss tax strategies for athletes as part of CNB’s ongoing Building Your Team interview series:

Players need to make sure their agent will be working with a CPA. We work with agents and help them formulate different scenarios for signing bonuses, residency alternatives, tax entity structuring of endorsement deals, and future income that may qualify for the new QBI (Qualified Business Income) deduction under Section 199 Cap A — a change in the tax law that permits a deduction not previously available.

Check out the full interview here: Building Your Team: Tax Strategies for Professional Athletes With Matthew Burke