Steve Piascik fields Beverly Hills office to cover roster of clients.
Steve Piascik is a suburban Richmond, Va., accountant who didn’t imagine he’d ever be headed to Hollywood. But his clients – many of whom we see on TV every
Sunday – demanded it.
Last summer, Piascik, chief executive of his eponymous accounting and business advisory firm, rented some space in Beverly Hills and set up an office – his firm’s first outside of the Old Dominion. Now he says he’s spending most of his business time on the West Coast.
Piascik specializes in providing tax and business advice to professional athletes. The firm’s clients include members of almost every National Football League team as
well as pro basketball and baseball players, and golfers. Many of them live in the L.A. area and they prodded Piascik to open a local branch.
“They were asking us to do it,” he said. “As we grew our relationships with the tremendous amount of clients in Southern California, it made sense for us to open out here.”
Rather than tie his pricing to the athletes’ incomes, Piascik charges a flat fee for different services, many of them tailored to the unique needs of pro athletes. For example, a typical eight-state NFL tax return – athletes have to file in each state in which they play road games – costs $2,950.
Piascik has three professionals working out of the Beverly Hills office, and plans to have between 10 and 20 over the next year or two.
“There’s no doubt in my mind this office will be bigger than our Richmond headquarters over the next three to five years,” he said.
– Matt Pressberg