Tax Consulting
for Athletes & Influencers

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Customized support for your success

  • Support every career in the best possible way
  • Understanding the person as an individual
  • Maximize potential

Finsports, in cooperation with Lena Backhaus tax advisors, keeps your back free so that you can focus on the essentials. We help you to keep a clear overview of your finances and your tax obligations. We put our expertise to work for athletes and influencers working in a variety of fields. Together, we strike a balance between athletic performance and financial security.

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Individuality for every customer
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  • Our vision

Focus on people

Preparation of personal and business tax returns

We make your tax filing simple and straightforward and guarantee efficient processing of your tax returns. Trust our expertise and save your time and nerves

Professional and reliable accounting services

Our experienced accountants ensure that your finances are always accurate and up to date, so you can focus on your core business. Transparent, reliable and competent.

Preparation of financial statements

We prepare your financial statements in a precise, timely and tax-optimized manner in accordance with the latest legal requirements and help you to present your company in a financially clear manner.

Preparation of personal and business tax returns

We make your tax filing simple and straightforward and guarantee efficient processing of your tax returns. Trust our expertise and save your time and nerves

Professional and reliable accounting services

Our experienced accountants ensure that your finances are always accurate and up to date, so you can focus on your core business. Transparent, reliable and competent.

Preparation of financial statements

We prepare your financial statements in a precise, timely and tax-optimized manner in accordance with the latest legal requirements and help you to present your company in a financially clear manner.

Business startup consulting

Start your business successfully - with our comprehensive start-up consulting. From the business idea to the implementation, we accompany you every step of the way. We help you choose the right legal form, create a business plan, answer tax and business questions, and apply for funding. Together we lay the foundation for your sustainable and successful future.

Specialization in sports and influencer segment

We specialize in the unique needs of the sports and influencer segments. Whether you are an athlete, coach, influencer/content creator or musician, we offer customized advice and comprehensive support in tax and financial matters. Leverage our experience and network to position your brand and keep your finances secure and transparent.

Foreign Affairs

International activities require special expertise - especially for influencers and athletes. We offer tailored advice on all cross-border tax issues. Whether it is income from abroad, double taxation or optimizing your tax situation, our experienced team will support you competently and reliably so that you can concentrate on your career.

Business startup consulting

Start your business successfully - with our comprehensive start-up consulting. From the business idea to the implementation, we accompany you every step of the way. We help you choose the right legal form, create a business plan, answer tax and business questions, and apply for funding. Together we lay the foundation for your sustainable and successful future.

Specialization in sports and influencer segment

We specialize in the unique needs of the sports and influencer segments. Whether you are an athlete, coach, influencer/content creator or musician, we offer customized advice and comprehensive support in tax and financial matters. Leverage our experience and network to position your brand and keep your finances secure and transparent.

Foreign Affairs

International activities require special expertise - especially for influencers and athletes. We offer tailored advice on all cross-border tax issues. Whether it is income from abroad, double taxation or optimizing your tax situation, our experienced team will support you competently and reliably so that you can concentrate on your career.
Book a free consultation now

We advise, moderate and support, so that we can be your sparring partner for ideas, visions and diverse life concepts.

  • Lassen Sie uns gemeinsam erfolgreich sein

Das Feedback unserer Profissportler

We now have a fantastic website that perfectly encapsulates the essence of our company thanks to them. Their service has exceeded all of our expectations, making us extremely happy.
Samantha Milner
Mindful LLC
We now have a fantastic website that perfectly encapsulates the essence of our company thanks to them. Their service has exceeded all of our expectations, making us extremely happy.
Samantha Milner
Mindful LLC
We now have a fantastic website that perfectly encapsulates the essence of our company thanks to them. Their service has exceeded all of our expectations, making us extremely happy.
Samantha Milner
Mindful LLC
  • You have questions?

Our experts provide the answers

Fair play is important to us. You can take advantage of the services you need on an individual basis.

If you earn less than the basic tax-free amount of currently €11,604, you do not need to file a tax return. If you earn more money, then it depends on which income you earn. If you are employed by an association and therefore have income from employment, your employer will deduct income tax from your salary on a monthly basis. You can claim additional expenses on your income tax return. If you earn income outside of employment that exceeds the basic exemption amount, you are required to file a tax return.

Through your association, you generate income from employment. If you enter into cooperations with partners and receive remuneration for this as part of your self-employed activity, you also generate commercial income, which must be declared in your tax return.

Expenses that are related to your income. In the case of employment, these can be, for example, work-related travel expenses, trips to the training facility and training equipment.

Expenses that are related to income can be taken into account as business expenses. As an influencer, this can include travel expenses, such as accommodation costs and travel expenses, but also purchases that are necessary for exercising the profession, such as costs for a camera, IT or special software.

As sole traders, athletes and influencers have the privilege of determining their profit by preparing a revenue-surplus account. This means that income and expenses are only taken into account when payments are received or made. The obligation to prepare a balance sheet only applies from an annual turnover of €600,000 or an annual surplus of €60,000.

In the area of tax law, the registration of a trade is irrelevant. Here, the actually realized facts are taken into account.

The principle of worldwide income applies in Germany. Subject to bilateral agreements between Germany and other countries, income earned worldwide is taxable in Germany. In bilateral agreements / double taxation agreements with other countries, an allocation is made as to where income is taxed and, if applicable, how much income is taxed and how double taxation can be prevented.

Benefits in kind are to be recognized as operating income at fair market value. The fair market value is the price that could be achieved in the ordinary course of business in accordance with the nature of the asset in the event of a sale. You should keep records of this.

As a sole trader, the small business limit within the meaning of Section 19 UStG applies. If your income does not exceed the limit of €22,000, you can make use of the small business regulation and you are generally not obliged to pay VAT, provided that the invoices are issued without VAT. It may be worthwhile to waive the small business regulation.