Noah Rosenfarb, CPA’s Post

Noah Rosenfarb, CPA

I Teach Successful Entrepreneurs How To Pay Less Tax

3w

For so many athletes, the focus is on maximizing their contracts, endorsements, and performance bonuses—like that $765 million over 15 years. But what about the money you get to keep after taxes? That’s where real wealth-building begins. Smart tax planning isn’t just for the off-season—it’s an all-year game. #AthleteWealth #SmartMoneyMoves #TaxPlanningTips #FinancialFreedom #LegacyPlanning #WealthStrategies #ProactivePlanning

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Transcript

As we welcome Juan Soto to the Mets. Hey, it's your favorite third generation CPA, Noah Rosenfarb. And I wanna give a shout out to Juan Soto. Congratulations on your massive contract. The only downside is you're going to be paying somewhere around 42 to 45% in income tax and so on. If you're listening and you're trying to find ways to pay less, I've got a bunch of great ideas for you. But maybe the one that's the simplest, easiest and might make you feel the best is a strategy I have where you can purchase seeds. Discount and later on donate them and get a charitable contribution deduction. As a result of this, you'd be able to double your money in the investment of purchasing the seeds and benefiting from the charitable contribution tax credit. So in your case, you might over the course of your contract be able to purchase let's just say about $200 million worth of seeds and those seeds I could sell you for $50 million and when you make. At $200 million worth of charitable contributions, you're based on your tax savings, you would save just slightly under $100 million in taxes. So you're $50 million investment would turn into about 95 million of tax benefits. So you'd profit nearly $45 million on a $50 million investment. And in addition, those seats are going to get planted in the ground to feed hungry families. So Juan, if you want to do something great for the world and. For yourself, reach out to me at dualharvest.org or talk about tax.com. Hope to speak to you soon.

Simon Chappuzeau

Simon Chappuzeau

I make writing with AI easy for small marketing teams (while always cooking dinner for my family)

3w

Such a crucial point! It's not just about how much you make — it’s about how much you keep. Smart tax planning turns short-term wins into long-term wealth. Love the reminder that it's a year-round strategy, not just an off-season checklist. 👏

Tax & Financial Strategist | Serial Entrepreneur | Real Estate Investor

3w

Great post!

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Noah Rosenfarb, CPA

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