The Standard Deduction

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The Standard Deduction podcast is hosted by Creative Planning President Peter Mallouk along with Tax Directors, Candace Varner and Ben Hake. This podcast is a thoughtful, informed discussion about ideas, trends and developments in taxes related to personal wealth management. Our mission is to educate and inspire people to make better financial choices through knowledge, tools and strategies that ensure a more prosperous future. We believe that education and planning are key components to financial success. Come explore relevant financial topics with our team.

Candace Varner, Ben Hake, Peter Mallouk


    • Apr 13, 2022 LATEST EPISODE
    • monthly NEW EPISODES
    • 8m AVG DURATION
    • 27 EPISODES


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    Latest episodes from The Standard Deduction

    Taxation on Investment Income Explained

    Play Episode Listen Later Apr 13, 2022 8:17


    The Standard Deduction podcast is hosted by Tax Directors Candace Varner and Ben Hake. This podcast is a thoughtful, informed discussion about ideas, trends and developments in taxes related to personal wealth management.Our mission is to educate and inspire people to make better financial choices through knowledge, tools and strategies. We believe that education and planning are key components of financial success. Come explore relevant financial topics with our team.Important Legal Disclosure: creativeplanning.com/important-disclosure-information/Have questions or topic suggestions? Email us @ podcasts@creativeplanning.com

    Itemized Deductions, Tax Credits, and More to Be Aware of This Tax Season

    Play Episode Listen Later Mar 14, 2022 16:56


    Listen to The Financial Considerations of Being Your Own Boss: https://creativeplanning.com/education/podcast/the-financial-considerations-of-being-your-own-boss/The Standard Deduction podcast is hosted by Tax Directors Candace Varner and Ben Hake. This podcast is a thoughtful, informed discussion about ideas, trends and developments in taxes related to personal wealth management.Our mission is to educate and inspire people to make better financial choices through knowledge, tools and strategies. We believe that education and planning are key components of financial success. Come explore relevant financial topics with our team.Important Legal Disclosure: http://bit.ly/2DC250bHave questions or topic suggestions? Email us @ podcasts@creativeplanning.com

    Home Sweet Home Sale Exclusion

    Play Episode Listen Later Feb 14, 2022 10:00


    Read more about the current real estate market: https://creativeplanning.com/education/article/is-it-smart-to-buy-real-estate-right-now/The Standard Deduction podcast is hosted by Tax Directors Candace Varner and Ben Hake. This podcast is a thoughtful, informed discussion about ideas, trends and developments in taxes related to personal wealth management.Our mission is to educate and inspire people to make better financial choices through knowledge, tools and strategies. We believe that education and planning are key components of financial success. Come explore relevant financial topics with our team.Important Legal Disclosure: http://bit.ly/2DC250bHave questions or topic suggestions? Email us @ podcasts@creativeplanning.com

    It's Tax Season – Don't Panic!

    Play Episode Listen Later Jan 10, 2022 13:56


    Read more about tax documents and deadlines: https://creativeplanning.com/education/article/2021-tax-filing-important-documents-and-deadlines/Make some new year's tax resolutions: https://creativeplanning.com/education/article/five-new-years-tax-resolutions/ The Standard Deduction podcast is hosted by Tax Directors Candace Varner and Ben Hake. This podcast is a thoughtful, informed discussion about ideas, trends and developments in taxes related to personal wealth management.Our mission is to educate and inspire people to make better financial choices through knowledge, tools and strategies. We believe that education and planning are key components of financial success. Come explore relevant financial topics with our team.Important Legal Disclosure: http://bit.ly/2DC250bHave questions or topic suggestions? Email us @ podcasts@creativeplanning.com

    Adding a Pinch of SALT to the Holiday Season

    Play Episode Listen Later Dec 13, 2021 9:17


    Hear more about the Build Back Better Act tax proposals: https://creativeplanning.com/education/podcast/tax-legislation-proposal-changes-life-comes-at-you-fast/Read more about the California SALT workaround: https://creativeplanning.com/education/article/california-latest-state-to-add-state-tax-workaround/Learn more about Festivus: https://youtu.be/HX55AzGku5Y?t=34 The Standard Deduction podcast is hosted by Tax Directors Candace Varner and Ben Hake. This podcast is a thoughtful, informed discussion about ideas, trends and developments in taxes related to personal wealth management.Our mission is to educate and inspire people to make better financial choices through knowledge, tools and strategies. We believe that education and planning are key components of financial success. Come explore relevant financial topics with our team.Important Legal Disclosure: http://bit.ly/2DC250bHave questions or topic suggestions? Email us @ podcasts@creativeplanning.com

    Tax Legislation Proposal Changes: Life Comes at You Fast

    Play Episode Listen Later Nov 8, 2021 13:12


    Read more about the latest tax updates: https://creativeplanning.com/education/article/important-updates-to-president-bidens-tax-plan/All of Creative Planning's latest articles and podcasts can be found here: https://creativeplanning.com/education/Listen to more about the Child Tax Credit: https://creativeplanning.com/education/podcast/the-child-tax-credit/Follow Creative Planning on social media:LinkedInTwitterFacebookThe Standard Deduction podcast is hosted by Tax Directors Candace Varner and Ben Hake. This podcast is a thoughtful, informed discussion about ideas, trends and developments in taxes related to personal wealth management.Our mission is to educate and inspire people to make better financial choices through knowledge, tools and strategies. We believe that education and planning are key components of financial success. Come explore relevant financial topics with our team.Important Legal Disclosure: http://bit.ly/2DC250bHave questions or topic suggestions? Email us @ podcasts@creativeplanning.com

    Tax Reform: A Biannual Tradition Unlike Any Other

    Play Episode Listen Later Oct 11, 2021 10:53


    To read more about the tax proposals: https://creativeplanning.com/education/article/2021-tax-legislation-update/To hear more about Roth conversions: https://creativeplanning.com/education/podcast/all-you-need-to-know-about-roth-ira-conversions/To see a Schoolhouse Rock flashback about the legislative process: https://youtu.be/OgVKvqTIttoTo reach out to us with podcast questions and feedback: podcasts@creativeplanning.com The Standard Deduction podcast is hosted by Tax Directors Candace Varner and Ben Hake. This podcast is a thoughtful, informed discussion about ideas, trends and developments in taxes related to personal wealth management.Our mission is to educate and inspire people to make better financial choices through knowledge, tools and strategies. We believe that education and planning are key components of financial success. Come explore relevant financial topics with our team.Important Legal Disclosure: http://bit.ly/2DC250b

    All You Need to Know About Roth IRA Conversions

    Play Episode Listen Later Sep 29, 2021 16:44


    Learn more about the backdoor Roth strategy: https://creativeplanning.com/education/article/explainer-video-backdoor-roth-ira-strategy/ The Standard Deduction podcast is hosted by Tax Directors Candace Varner and Ben Hake. This podcast is a thoughtful, informed discussion about ideas, trends and developments in taxes related to personal wealth management.Our mission is to educate and inspire people to make better financial choices through knowledge, tools and strategies. We believe that education and planning are key components of financial success. Come explore relevant financial topics with our team.Important Legal Disclosure: http://bit.ly/2DC250bHave questions or topic suggestions? Email us @ podcasts@creativeplanning.com

    The IRS Dirty Dozen

    Play Episode Listen Later Aug 11, 2021 14:01


    Official IRS website to search for tax exempt organizations/charities: https://www.irs.gov/charities-non-profits/search-for-tax-exempt-organizations The Standard Deduction podcast is hosted by Tax Directors Candace Varner and Ben Hake. This podcast is a thoughtful, informed discussion about ideas, trends and developments in taxes related to personal wealth management.Our mission is to educate and inspire people to make better financial choices through knowledge, tools and strategies. We believe that education and planning are key components of financial success. Come explore relevant financial topics with our team.Important Legal Disclosure: http://bit.ly/2DC250bHave questions or topic suggestions? Email us @ podcasts@creativeplanning.com

    The Child Tax Credit

    Play Episode Listen Later Jul 7, 2021 8:06


    In this episode of The Standard Deduction (they're certain their kids will just love it), Tax Directors Candace Varner and Ben Hake explain and discuss the nuances of the Child Tax Credit which was expanded in 2021. They tell you what you need to know about eligibility, opting out and navigating the account creation process on the IRS website. The Standard Deduction podcast is hosted by Tax Directors Candace Varner and Ben Hake. This podcast is a thoughtful, informed discussion about ideas, trends and developments in taxes related to personal wealth management.Our mission is to educate and inspire people to make better financial choices through knowledge, tools and strategies. We believe that education and planning are key components of financial success. Come explore relevant financial topics with our team.Important Legal Disclosure: http://bit.ly/2DC250bHave questions or topic suggestions? Email us @ podcasts@creativeplanning.com

    Tax Savings With Retirement Plans

    Play Episode Listen Later Jun 7, 2021 15:02


    In this episode on The Standard Deduction, Tax Directors Candace Varner and Ben Hake discuss the various types of retirement plans available and the pros and cons of each. The Standard Deduction podcast is hosted by Tax Directors, Candace Varner and Ben Hake. This podcast is a thoughtful, informed discussion about ideas, trends and developments in taxes related to personal wealth management.Our mission is to educate and inspire people to make better financial choices through knowledge, tools and strategies that ensure a more prosperous future. We believe that education and planning are key components to financial success. Come explore relevant financial topics with our team.Important Creative Planning legal disclosure: http://bit.ly/2DC250b

    Rewriting Tax History

    Play Episode Listen Later May 31, 2021 7:01


    In this episode of The Standard Deduction, Tax Directors, Candace Varner and Ben Hake discuss when and why an amended return may be a good idea.The Standard Deduction podcast is hosted by Tax Directors, Candace Varner and Ben Hake. This podcast is a thoughtful, informed discussion about ideas, trends and developments in taxes related to personal wealth management.Our mission is to educate and inspire people to make better financial choices through knowledge, tools and strategies that ensure a more prosperous future. We believe that education and planning are key components to financial success. Come explore relevant financial topics with our team.Important Creative Planning legal disclosure: http://bit.ly/2DC250b

    All You Need to Know About Capital Gains

    Play Episode Listen Later Apr 7, 2021 8:52


    In this episode of The Standard Deduction, Tax Directors, Candace Varner and Ben Hake discuss planning, mitigating, and deferring capital gains.The Standard Deduction podcast is hosted by Tax Directors, Candace Varner and Ben Hake. This podcast is a thoughtful, informed discussion about ideas, trends and developments in taxes related to personal wealth management.Our mission is to educate and inspire people to make better financial choices through knowledge, tools and strategies that ensure a more prosperous future. We believe that education and planning are key components to financial success. Come explore relevant financial topics with our team.Important Creative Planning legal disclosure: http://bit.ly/2DC250b

    2020 Stimulus Payments and Tax Deadlines

    Play Episode Listen Later Mar 8, 2021 7:27


    In this episode, Director of Tax Services Candace Varner and Tax Director Ben Hake discuss:How 2020 Stimulus payments and proposed additional stimulus payments affect your 2020 tax returnClaiming college aged dependentsTax deadline updatesThe legislation discussed in this episode is in progress as of the release date, the income thresholds noted may change in the final bill.The Standard Deduction podcast is hosted by Tax Directors, Candace Varner and Ben Hake. This podcast is a thoughtful, informed discussion about ideas, trends and developments in taxes related to personal wealth management.Our mission is to educate and inspire people to make better financial choices through knowledge, tools and strategies that ensure a more prosperous future. We believe that education and planning are key components to financial success. Come explore relevant financial topics with our team.Important Creative Planning legal disclosure: http://bit.ly/2DC250b

    What's the Deal With Withholding?

    Play Episode Listen Later Feb 8, 2021 8:10


    In this episode, Director of Tax Services Candace Varner and Tax Director Ben Hake discuss:Why do we have withholding and is it determined?Common issues and fixesEstimated taxes & penaltiesThe Standard Deduction podcast is hosted by Tax Directors, Candace Varner and Ben Hake. This podcast is a thoughtful, informed discussion about ideas, trends and developments in taxes related to personal wealth management.Our mission is to educate and inspire people to make better financial choices through knowledge, tools and strategies that ensure a more prosperous future. We believe that education and planning are key components to financial success. Come explore relevant financial topics with our team.Important Creative Planning legal disclosure: http://bit.ly/2DC250b

    New Year New Tax You

    Play Episode Listen Later Jan 11, 2021 5:57


    In this episode, Director of Tax Services Candace Varner and Tax Director Ben Hake discuss:What you can do now for 2021 taxesTax document organization for 2020Changes in 2021 charitable deductionsThe Standard Deduction podcast is hosted by Creative Tax Directors, Candace Varner and Ben Hake. This podcast is a thoughtful, informed discussion about ideas, trends and developments in taxes related to personal wealth management.Our mission is to educate and inspire people to make better financial choices through knowledge, tools and strategies that ensure a more prosperous future. We believe that education and planning are key components to financial success. Come explore relevant financial topics with our team.Important Creative Planning legal disclosure: http://bit.ly/2DC250b

    Charitable Giving Strategies

    Play Episode Listen Later Dec 7, 2020 5:48


    In this episode, Tax Directors, Candace Varner and Ben Hake discuss:Changes to charitable deductions due to the CARES ActPicking the best type of assets to donateWays to maximize the tax savings of your donationsThe Standard Deduction podcast is hosted by Tax Directors, Candace Varner and Ben Hake. This podcast is a thoughtful, informed discussion about ideas, trends and developments in taxes related to personal wealth management.Our mission is to educate and inspire people to make better financial choices through knowledge, tools and strategies that ensure a more prosperous future. We believe that education and planning are key components to financial success. Come explore relevant financial topics with our team.Important Legal Disclosure: http://bit.ly/2DC250bHave questions or topic suggestions? Email us @ podcasts@creativeplanning.com

    Why Does the Tax Law Work that Way?

    Play Episode Listen Later Nov 13, 2020 6:40


    In this episode, Director of Tax Services Candace Varner and Tax Director Ben Hake discuss:Why the way we earn our income impacts our taxesWays that the IRS allows taxpayers to reduce their taxesIncentivizing taxpayers with credits and deductionsThe Standard Deduction podcast is hosted by Tax Directors, Candace Varner and Ben Hake. This podcast is a thoughtful, informed discussion about ideas, trends and developments in taxes related to personal wealth management.Our mission is to educate and inspire people to make better financial choices through knowledge, tools and strategies that ensure a more prosperous future. We believe that education and planning are key components to financial success. Come explore relevant financial topics with our team.Important Creative Planning legal disclosure: http://bit.ly/2DC250b

    Biden Harris Proposed Tax Changes and Opportunities

    Play Episode Listen Later Oct 13, 2020 6:36


    In this episode, Tax Directors, Candace Varner and Ben Hake discuss:Proposed changes to tax lawImpact to taxpayers at various income levelsPossible planning opportunitiesThe Standard Deduction podcast is hosted by Tax Directors, Candace Varner and Ben Hake. This podcast is a thoughtful, informed discussion about ideas, trends and developments in taxes related to personal wealth management.Our mission is to educate and inspire people to make better financial choices through knowledge, tools and strategies that ensure a more prosperous future. We believe that education and planning are key components to financial success. Come explore relevant financial topics with our team.Important Legal Disclosure: http://bit.ly/2DC250bHave questions or topic suggestions? Email us @ podcasts@creativeplanning.com

    What to Know Before Selling a Home

    Play Episode Listen Later Sep 8, 2020 6:43


    Director of Tax Services Candace Varner and Tax Director Ben Hake discuss the tax consequences of selling a home. They reveal that business owners who've sold a commercial property may be in for an unpleasant surprise when a substantial gain in their primary home's value is realized. Listen in as we explore these topics in the latest podcast episode.The Standard Deduction podcast is hosted by Tax Directors, Candace Varner and Ben Hake. This podcast is a thoughtful, informed discussion about ideas, trends and developments in taxes related to personal wealth management.Our mission is to educate and inspire people to make better financial choices through knowledge, tools and strategies that ensure a more prosperous future. We believe that education and planning are key components to financial success. Come explore relevant financial topics with our team.Important Creative Planning legal disclosure: http://bit.ly/2DC250b

    How To Social Distance From The IRS

    Play Episode Listen Later Aug 11, 2020 6:44


    Director of Tax Services Candace Varner and Tax Director Ben Hake discuss why not to panic if you hear from the IRS. They share that many inquiries are nothing more than customary and reveal the personalized online tools that can help prepare you for any conversation or reply. Listen in as we explore these topics in the latest podcast episode.The Standard Deduction podcast is hosted by Tax Directors, Candace Varner and Ben Hake. This podcast is a thoughtful, informed discussion about ideas, trends and developments in taxes related to personal wealth management.Our mission is to educate and inspire people to make better financial choices through knowledge, tools and strategies that ensure a more prosperous future. We believe that education and planning are key components to financial success. Come explore relevant financial topics with our team.Important Legal Disclosure: http://bit.ly/2DC250bHave questions or topic suggestions? Email us @ podcasts@creativeplanning.com

    Recognizing and Refuting Common Tax Misconceptions

    Play Episode Listen Later Jul 6, 2020 5:29


    Peter Mallouk and co-hosts, Director of Tax Services Candace Varner and Tax Director Ben Hake, discuss common tax misconceptions as the extended July 15 filing deadline approaches. They reveal clients' oft-asked questions, and why some are non-issues after all.  Listen in as we explore these topics in the latest podcast episode.The Standard Deduction podcast is hosted by Tax Directors, Candace Varner and Ben Hake. This podcast is a thoughtful, informed discussion about ideas, trends and developments in taxes related to personal wealth management.Our mission is to educate and inspire people to make better financial choices through knowledge, tools and strategies that ensure a more prosperous future. We believe that education and planning are key components to financial success. Come explore relevant financial topics with our team.Important Creative Planning legal disclosure: http://bit.ly/2DC250b

    Payroll Protection Program (PPP) Updates

    Play Episode Listen Later Jun 8, 2020 4:35


    Peter Mallouk along with co-host, Director of Tax Services Candace Varner and Tax Director Ben Hake, discuss the Payroll Protection Program, better known as PPP. They recap its origins, intentions and the latest changes since its Spring introduction. Listen in as we explore these topics in the latest podcast episode. The Standard Deduction podcast is hosted by Tax Directors, Candace Varner and Ben Hake. This podcast is a thoughtful, informed discussion about ideas, trends and developments in taxes related to personal wealth management.Our mission is to educate and inspire people to make better financial choices through knowledge, tools and strategies that ensure a more prosperous future. We believe that education and planning are key components to financial success. Come explore relevant financial topics with our team.Important Creative Planning legal disclosure: http://bit.ly/2DC250b

    The Financial Considerations of Being Your Own Boss

    Play Episode Listen Later May 11, 2020 4:45


    Peter Mallouk and co-hosts, Director of Tax Services Candace Varner and Tax Director Ben Hake, discuss the financial factors of self-employment. They recap what you need to consider when deciding to transition from employee to consultant or sole practitioner. Listen in as we explore these topics in the latest podcast episode.The Standard Deduction podcast is hosted by Creative Planning President Peter Mallouk along with Tax Directors, Candace Varner and Ben Hake. This podcast is a thoughtful, informed discussion about ideas, trends and developments in taxes related to personal wealth management.Our mission is to educate and inspire people to make better financial choices through knowledge, tools and strategies that ensure a more prosperous future. We believe that education and planning are key components to financial success. Come explore relevant financial topics with our team.Important Creative Planning legal disclosure: http://bit.ly/2DC250b

    Episode 3 – Recognizing the Inherent Costs of Real Estate Investments

    Play Episode Listen Later Apr 6, 2020 6:20


    Peter Mallouk and co-hosts, Director of Tax Services Candace Varner and Tax Director Ben Hake, discuss the realities of real estate investing. They explore why you might be motivated to add property to your portfolio, and what you may learn along the way. Listen in as we explore these topics in the latest podcast episode.The Standard Deduction podcast is hosted by Creative Planning President Peter Mallouk along with Tax Directors, Candace Varner and Ben Hake. This podcast is a thoughtful, informed discussion about ideas, trends and developments in taxes related to personal wealth management.Our mission is to educate and inspire people to make better financial choices through knowledge, tools and strategies that ensure a more prosperous future. We believe that education and planning are key components to financial success. Come explore relevant financial topics with our team.Important Creative Planning legal disclosure: http://bit.ly/2DC250b

    Are Cryptocurrency Profits Taxable?

    Play Episode Listen Later Mar 9, 2020 5:07


    The Standard Deduction podcast is hosted by Creative Planning President Peter Mallouk along with Tax Directors, Candace Varner and Ben Hake. This podcast is a thoughtful, informed discussion about ideas, trends and developments in taxes related to personal wealth management. Our mission is to educate and inspire people to make better financial choices through knowledge, tools and strategies that ensure a more prosperous future. We believe that education and planning are key components to financial success. Come explore relevant financial topics with our team.Important Creative Planning legal disclosure: http://bit.ly/2DC250b

    Episode 1 - Considerations Before Moving to a New State to Save Taxes

    Play Episode Listen Later Feb 3, 2020 7:04


    Peter Mallouk and co-hosts, Director of Tax Services Candace Varner and Tax Director Ben Hake, discuss the role of state income taxes when families consider moving. Can a physical move just be a series of financial offsets? Listen in as we explore these topics in the latest podcast episode.

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