Kashyap Bakhai, CPA, ABV, CAA, MST, is a principal in the Tax and Accounting Department and is a member of the firm’s Management Committee. He heads the Sports and Entertainment Group at MBAF. Kashyap has been in practice since 1985 and has represented numerous large and mid-size family owned businesses, high net worth individuals, V.C. founders, professional athletes and entertainers, hospitality, telecommunication companies, real estate investors, wholesalers/distributors, international clients, automotive dealerships, technology start-ups, and restaurant franchisees.
He combines his technical tax knowledge with his broad business experience to meet the unique needs of each client. Kashyap is regarded in the professional community as one of the best tax minds in South Florida, having lectured and written extensively about complex tax matters. He services the clients in a proactive and concerned manner. Kashyap has successfully represented numerous clients against the Internal Revenue Service and various state tax agencies. He has consulted and provided forensic and expert testimony in the music industry, athlete financial matters, trust and fiduciary accounting matters. Kashyap is also an IRS Certified Acceptance Agent (CAA) and provides pre-immigration tax planning to new U.S. tax residents.
Since 1996, Kashyap has provided business valuations analysis for large and mid-size businesses, investment partnerships and business entities. His experience also includes numerous due diligence projects both from the buy and sell side as well as assisting clients in identifying prospective business and growth opportunities. He has authored on topics such as the tax benefits of LLCs, year-end tax planning, qualified Subchapter S subsidiaries, state tax domicile, small business stock (QSBS) planning, business valuation, and international taxation. He is the author of the book “The Sports Accounting Playbook”, winning Tax and Financial Strategies for Professional Athletes.
- American Institute of Certified Public Accountants
- Florida Institute of Certified Public Accountants – Miami-Dade Chapter, Past President; Federal Income Tax Committee, Past Chairman; Estate Planning Committee, Past Chairman
- Accredited in Business Valuation (ABV)
- IRS Certified Acceptance Agent (CAA)
- National Association of Certified Valuators and Analysts (NACVA)
- FIU Council of 100
- Greater Miami Chamber of Commerce – Leadership Miami
- South Florida Hindu Temple – Board Member
- United Way of Miami-Dade – Tocqueville Society
- Florida International University – Master of Science in Taxation
- State University of New York – Master of Accounting
- University of Bombay, India – Bachelor of Science in Commerce
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