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Writer and researcher Jamie Hopkins, managing partner of wealth solutions at Carson Wealth, discusses at length with Jeff and Bruce the current Democratic tax plan making its way through Congress. They discuss realistic outcomes of the bill and ramifications for advisers and clients. They also discuss crypto, the new Carson headquarters building and the Bain Capital investment.
RED ALERT...RED ALERT!!! THE NEW BIDEN TAX PLAN IS UNVEILED
Biden's "Billionaire" tax is the big talking point for his 2023 budget plan. What is it? How will it work (if at all)? How has a similar tax worked for other countries? And what will it mean for his approval rating? The House took the Marijuana Opportunity Reinvestment & Expungement (MORE) Act to the floor on Friday in an effort to legalize cannabis at the federal lever. With over 90% of Americans supporting the legalization of marijuana on some level, this should make our two-party system look pretty bad. Red Pill vs Blue Pill - Florida's "Don't Say Gay" Bill. Which pill would you swallow? Tune in for the arguments!!Dan's Monologue on recognizing the order of consequences.
Our favorite episodes from Year 2.In this episode, Aaron and Trishul look back on their second year of podcasting. In the beginning, they focused on the process, recording one conversation at a time, and eventually, they established a consistent habit. To wrap up Season 2, our hosts recount their favorite episodes of the year. So which ones did you enjoy the most? Listen to the end to find out.Episode ReferencesMMS #52. 1st year retrospective: Our favorite episodes and what you missed.Trishul's Favorites from Year 2MMS #86. How does your True Tax Rate compare with the wealthiest Americans?MMS #72. How many people actually beat the market?MMS #61. The market's at an all-time high (again!). Now what?MMS #60. What's the best way to beat Bitcoin Madness? We uncover facts that nobody ever told you.MMS #59. Stock options are risky business. Here's when they can actually make sense.Aaron's Favorites from Year 2MMS #67. If you are in this lucky minority, the Biden Tax Plan will burn you.MMS #82. Are you overlooking this stellar asset class?MMS #77. What's the real limit on 401k contributions? It's much higher than you think.MMS #74. This hidden benefit of financial independence changes everything.MMS #73. Is direct indexing the future of investing?MMS #65. The most important financial advice for someone in their 20's.Podcast DescriptionWelcome to The Mind Money Spectrum Podcast where your hosts Aaron Agte and Trishul Patel go beyond traditional finance questions to help you explore how to use your money to achieve the freedom you want in life. Aaron is a Financial Planner from the Bay Area, and Trishul is a Wealth Manager on the East Coast. For more information about Aaron, check out GraystoneAdvisor.com. And for more information on Trishul check out InvestingForever.com. We thank you all for listening, and stay tuned for our latest episode on our website, MindMoneySpectrum.com.
We discuss "scoring" with Brigham Young University Professor John Barrick. Scoring is the process used to determine how much revenue a tax bill will generate, or how much revenue a spending bill will consume. Scoring is a major part of every tax bill, including the Biden's Build Back Better plan. For example, the most current scoring of the BBB can be found here. More information can be found here:jct.govhttps://www.jct.gov/operations/frequently-asked-questions/https://www.cbo.gov/about/products/ce-faqClarification: One listener emailed and let us know that in the episode, there is a reference that some may interpret as scoring including behavioral effects only since 2003. To be clear, behavioral effects have always been taken into account in JCT scores.
Jeff and Scott discuss a recent report released by Senator Elizabeth Warren's office entitled "Tax Dodgers: How Billionaire Corporations Avoid Paying Taxes and How to Fix It" available here. We discuss the weaknesses in the report, including the language to describe tax avoidance, and the facts underlying the data in the report. We describe how the report does not appear to provide many insights, but instead appears designed to incite anger against large profitable corporations.
Joe Biden has talked about how his tax plan is cost neutral, where the increases in taxes on the wealthiest Americans will offset the costs. Maya MacGuineas recently took a look at the numbers to find out if that's true. The Build Back Better Act is set to cost $2.1 trillion as it's currently written. It relies on a number of sunsets and expirations to keep the costs down. If the plan's temporary policies were made permanent, the costs would increase by an additional $2.2 trillion. When the federal government is trying to make a bill seem cost neutral, they often build expiry dates into the legislation, knowing full well that Americans will get hooked on those programs and then demand they be renewed. This makes the cost of the program appear lower and much more palatable on the front end. The Build Back Better Act has several such gimmicks built into it including extending the child tax increase, the earned income tax credit, and setting universal Pre-K and childcare to expire after six years. These are things that are likely to be around for the long term. The most expensive provision would cost roughly $1 trillion to make permanent. Universal Pre-K and childcare subsidies would cost over $400 billion a year when combined if extended beyond their expiration dates. As written, the Build Back Better Act will increase the deficit by $800 billion over the first five years and then taper off from there for a net additional cost of $2.2 trillion. If the legislation were made permanent without additional taxation, it would add nearly $1.5 trillion to the deficit over five years and increase the total debt by $3 trillion by 2031. The Build Back Better Act relies on short-term policies and arbitrary expiration dates to lower the cost. This allows the government to present the bill as cost neutral, although any extensions will have to be funded by debt. History serves as a model, and it's fairly likely that those short-term programs will become permanent in time. The tax rules have recently been updated for 2022. Because of higher than usual inflation in 2021, the index for inflation has increased as well. The standard deduction has modestly increased from $25,100 to $25,900 for married couples. The personal exemption is not coming back until 2026. Under the current law, the standard deduction will be reduced when the personal exemption returns and will end up with a net neutral effect. Capital gains tax rates remain the same, but the tax brackets are changing. The federal state tax exemption for decedents dying in 2022 will increase to $12.06 million per person. The gift tax exclusion jumps from $15,000 in 2021 to $16,000 in 2022. The Roth IRA is not changing to adjust for inflation because that would require an act of congress. 401(k) contribution limits are being adjusted alongside Roth 401(k) and 403(b) plans. Roth income limits will go up slightly in 2022 from $204,000 to $214,000. This is something that should definitely be changed because the cost of living is not the same all over the country. There has been no change to the provisional income thresholds. If inflation continues to go up and Social Security is increased to keep up, there are going to be more people that bump into Social Security taxation.
We discuss some of the not-so-talked-about provisions in the Build Back Better tax plan, including (but not limited to) tax credits for journalists and ebikes, credits for electric vehicles, and some of the complications that arise when trying to provide tax incentives only under specific circumstances. We discuss tax credits, refundable credits, phase outs, tax incidence, and more.
CFG Retirement Website: https://cfgretirement.com/CFG Retirement Phone Number: 952-657-7470Vince Oldre email: vince@cfgretirement.comThere are a number of proposed changes to tax law currently being debated in Congress. And while they parameters seem to change by the day, here are some key proposals that could impact your financial future. Vince Oldre of CFG Retirement and Jon Gay break them down into three categories: Retirement accounts, State and Local Taxes (SALT), and Estate Taxes.Retirement Accounts:New RMD rules may require distributions not just based on age, but by the total value of the accounts.Roth conversions, specifically "back door Roths" could become a thing of the past. State and Local Taxes:The amount of state and local taxes you can deduct from your federal return may increaseEstate Taxes:The 2017 Tax Cuts and Jobs Act is set to expire in 2026. This could affect the top tax bracket as well as the thresholds for estate taxes.The Pass Through Deduction of 20% for business owners
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
We discuss the recent proposal for a billionaire's tax. We describe the tax, discuss how it could force the very rich to pay more in tax, and the possible complications of such a tax.
We speak with forensic account Mitchell Benson of Savran Benson about the Biden Tax Plan and infrastructure bill and the impact of issues like the advanced child tax credit, PPP loans and tax enforcement, the potential impact on changes to the corporate tax and capital gains rates, as well as possible changes to the estate tax law. Mitchell Benson specializes in matrimonial litigation support, real estate tax planning and compliance, and tax and consulting for individuals and closely held businesses. He has been a partner with Savran Benson LLP for over 30 years. He is a member of the American Institute and Pennsylvania Institute of Certified Public Accountants, having served on various committees and in leadership positions. Savran Benson LLP | Certified Public Accountants and Consultants *audio editing, voice over & music by Nick DeMatteo
November 1, 2021 In this episode we kick things off with a look at Meta, FaceBook's virtual universe. Tim warns of the counter party risks of keeping your money in the bank, and discusses updates to “The Biden Tax Plan.” John highlights the fact that most depository insurance funds do not have anywhere close to enough funds to cover all deposits, with some funds not even able to cover 1% of deposits. Next Tim explains that all debt can never be paid off because by virtue of the currency creation process there will always be more debt in the system than there is currency to pay off the debt. And last we take a look at the Top 40 US Hip-Hop tracks. 5 out of the top 10 are Let's Go Brandon raps with Bryson Gray and Loza Alexander beating out popular names like Lil Nas, Drake, and Kanye West for the number 1 and 2 spots. Enjoy this episode of Tim and John Show! FaceBook META - https://www.youtube.com/watch?v=gElfIo6uw4g http://www.2045.com/ https://wallstreetonparade.com/2021/10/bidens-nominee-omarova-has-a-published-plan-to-move-all-bank-deposits-to-the-fed-and-let-the-new-york-fed-short-stocks/ https://www.cnbc.com/2021/10/27/jack-dorsey-worries-about-hyperinflation-these-experts-disagree.html https://www.cnbc.com/2021/10/29/treasury-secretary-yellen-says-its-appropriate-and-fair-that-wealthy-pay-more-in-biden-bill.html http://itunescharts.net/us/charts/songs/hip-hop/ Let's Go Brandon by Loza Alexander - https://www.youtube.com/watch?v=qr_F_XQrukM Let's Go Brandon by Bryson Gray - https://www.youtube.com/watch?v=29sUKmwbtcc https://linktr.ee/TimAndJohnShow Join Our email list at bit.ly/timjohnemail To learn more about John Sneisen's work please go to https://theeconomictruth.org/ Join the conversation in Tim and John's Discord community: https://discord.gg/vkxUkqg Itunes: https://bit.ly/libertyadvisor Podcasts: https://libertarianadvisor.podbean.com/ Livestreams: https://flote.app/TheLibertyadvisor You can find us on other content platforms by following the link below https://thelibertyadvisorshow.com/showlinks/ Learn more about Tim's services: www.thelibertyadvisor.com Free 15 min Investing Consultation www.bit.ly/booktimp Subscribe to our emergency text list and receive a free ebook “How it's Rigged – The Economy” Text LibertyAdvisor (one word, no spaces) to 71441
To help finance President Biden's proposed spending binges, congressional Democrats are pushing a bill called the Tobacco Tax Equity Act. This proposed tax law would not only raise tobacco taxes but also result in a chain reaction of undesirable scenarios. Steve Forbes on Biden's tobacco-tax-hike scheme and why this proposed legislation is a big mistake.Steve Forbes shares his What's Ahead Spotlights each Tuesday, Thursday and Friday.
This week we talk to Ritholtz Wealth CFO Bill Sweet. Bill has had a very unique career, which started serving our country in the military and also included a stint in his family's tax business prior to his work at Ritholtz. We talk about the lessons Bill has learned in his career and how others can benefit from them. We also take an in depth look at the Biden tax plan and cover the major points investors should be aware of in it. And we discuss what he has learned as an early adopter of direct indexing for clients. We hope you enjoy the discussion. ABOUT THE PODCAST Excess Returns is an investing podcast hosted by Jack Forehand (@practicalquant) and Justin Carbonneau (@jjcarbonneau), partners at Validea. Justin and Jack discuss a wide range of investing topics including factor investing, value investing, momentum investing, multi-factor investing, trend following, market valuation and more with the goal of helping those who watch and listen become better long term investors. SEE LATEST EPISODES https://www.validea.com/excess-returns-podcast FIND OUT MORE ABOUT VALIDEA https://www.validea.com FOLLOW OUR BLOG https://blog.validea.com FIND OUT MORE ABOUT VALIDEA CAPITAL https://www.valideacapital.com FOLLOW JACK Twitter: https://twitter.com/practicalquant LinkedIn: https://www.linkedin.com/in/jack-forehand-8015094 FOLLOW JUSTIN Twitter: https://twitter.com/jjcarbonneau LinkedIn: https://www.linkedin.com/in/jcarbonneau
The White House and congressional Democratic leaders are pushing a chilling proposal that would destroy all vestiges of your financial privacy. Watch out! Steve Forbes on the IRS' plans to monitor and track every bank account and on why, if this assault is not stopped immediately, everyone will be a target.Steve Forbes shares his What's Ahead Spotlights each Tuesday, Thursday and Friday.
Joel Griffith, Research Fellow of Financial Regulations at The Heritage Foundation, joins Tim to discuss the Biden tax plan. See omnystudio.com/listener for privacy information.
Biden tax plan is getting updated, but will it even pass?In this episode, Trishul and Aaron discuss updates to the Biden tax plan as it makes its way through Congress. Most of the changes target the top 1% of income earners. For example, there's talk of increases to income taxes, capital gains taxes, corporate taxes, and even estate taxes. But will any of this even make a dent in the pockets of billionaires? While Biden is trying to target income inequality, his plan does little to address wealth inequality. So Trishul outlines one radical idea that could change everything.Episode ReferencesMMS #67: Biden Tax Plan proposalMMS #77: Mega Backdoor Roth 401kMMS #86: True Tax Rate of wealthiest AmericansMMS #37: How the rich never pay a dollar in taxesMMS #38: The US tax system is screwing you overKitces.com: Analyzing Biden's New "American Families Plan" Tax ProposalProPublica: Peter Thiel's $5B Roth IRAProPublica: How the Wealthy Avoid TaxesAmerica's Billionaire's Pay an Average Income Tax of 8.2%WSJ: What Peter Thiel's Roth IRA Means for YoursBiden Backs Tax on Billionaires Unrealized GainsThermal RunawayDemocrats Seeking $3.5T DealTax BracketsHead of HouseholdPodcast DescriptionWelcome to The Mind Money Spectrum Podcast where your hosts Aaron Agte and Trishul Patel go beyond traditional finance questions to help you explore how to use your money to achieve the freedom you want in life. Aaron is a Financial Planner from the Bay Area, and Trishul is a Wealth Manager on the East Coast. For more information about Aaron, check out GraystoneAdvisor.com. And for more information on Trishul check out InvestingForever.com. We thank you all for listening, and stay tuned for our latest episode on our website, MindMoneySpectrum.com.
Rate & review the Simply Financial Podcast on ITunes
Rate & review the Simply Financial Podcast on ITunes
Laura Gay, a former small MSO shop owner and now a certified Mergers & Acquisitions Professional (M&AP), spoke with us in Episode #12 and since then the auto body shop landscape has changed even more so I wanted to have her back on for a much needed update! Today Laura talks about the Biden Tax Plan that will affect sellers in 2022, what consolidators are now doing and things to think about whether selling or buying.To talk with Laura directly you can email, text or call her.Email: laura@consolidationcoach.comPhone: 301.399.8675Website: ConsolidationCoach.comConnect with Laura Gay on LinkedIn: https://www.linkedin.com/in/laura-gay-b5b576156/_____________________________ Connect with Micki on LinkedIn Now! :) https://www.linkedin.com/in/micki-woods-36374121/ For more info on Micki's Marketing Services to help you grow your shop's revenue click here: https://collisioncentermarketing.com or email Micki directly at micki@mickiwoods.com _____________________________ To suggest any topics of discussion or to be a guest on Body Bangin', please email our team at admin@mickiwoods.com Support the show (https://www.patreon.com/bodybangin)Support the show (https://www.patreon.com/bodybangin)
Glenn Thompson of Pennsylvania, is urging Democrats and all of rural America to join in the call for changes to President Biden's tax plan.
Congress is debating a sharp rise in the corporate tax rate, and the Biden Administration claims that these exactions won't affect you, that only big corporations will have to fork over more cash. Don't believe it! Steve Forbes on how Biden's corporate tax hike will hit consumers and, especially, how it will hurt the middle class!Steve Forbes shares his What's Ahead Spotlights each Tuesday, Thursday and Friday.
Interview with Jamie HopkinsBiden administration tax plan: Implications for advisers and retireesKeeping track of different relevant billsEffect on marriageHow this might all settle outThe crypto wash rule inclusion and how that might help cryptoCrypto ETF prospectsRoth IRA conversions, back door or otherwiseRoth vs. other retirement optionsCarson Group developmentsBenefits from the Bain investmentRelated Article: The impact versus the job: Lessons on making a noble professionRelated Article: Democrats slim Biden tax planGuest Bio: A nationally recognized writer and researcher, Jamie Hopkins is a regular contributor to Forbes, InvestmentNews and MarketWatch. A highly sought-after speaker in the financial services industry, Jamie has also been featured on Wall Street Journal podcasts, NPR and Fox radio, and has made multiple appearances for NBC10 Philadelphia, PBS and USA Today.
Professor Anders Walker, a Constitutional and Criminal Law professor at Saint Louis University School of Law, joins the STLTaxLawyer to discuss the $3.5 trillion spending bill moving through Congress that includes raising taxes by $2.5 trillion.
Pennsylvania Republican Glenn "GT" Thompson is urging everyone to become familiar with President Biden's tax plan as it applies to farms and ranches, and why it's could have a devastating impact.
President Biden's plan for inherited real estate will impact more families than we think. Realtor Taunee English sounded the alarm that the unintended consequences of the administration's proposals would significantly affect the hardworking middle class. Key points covered in this episode: ✔️The proposed tax law changes only apply to those individuals whose income is above $1million, which only affects .03 percent of the US population. But buried in those tax law changes are pressing details most of us need to be aware of. It's the potential change in the step-up in basis on your primary residence, both when you're alive and when you are trying to pass it on to the next generation. ✔️ The 1031 Exchanges have been a vital tool for mom and pop housing providers to support liquidity and encourage investments. Real estate investors maximize the use of the 1031 exchange to save on capital gains taxes from the sale of a property. This tax strategy leaves more to pass on to the children and heirs. What happens can be quite the contrary should the Biden tax proposals roll out. ✔️Reach out, talk to your congresspeople and let them know that you're not in favor of these particular real estate tax changes and the implications that they will have on you and your family. ✔️ As the government is bent on raising taxes, you've got to pay attention to managing your finances wisely and paying taxes strategically. Master your money and go from feeling a little bit of self-doubt to feeling safe, secure, and ultimately in control of your financial destiny. I invite you to come and apply for a financial breakthrough session with me. Taunee English has been a Realtor whose niche is probate and estate sales for over 15 years and a Broker for 6 years. She was named 2019 Realtor of the Year for Greater Los Angeles of Realtors Association. Website: https://asktaunee.com/ FB: https://www.facebook.com/AskTaunee IG:https://www.instagram.com/asktaunee/ LinkedIn: https://www.linkedin.com/in/asktaunee/ _____________________________________________________________ Felicia Gopaul, CFP, is the Premier Women's Wealth Builder dedicated to your financial success! Ms. Gopaul is a Money Confidence Catalyst and author of an Amazon best-selling books "Preparing for the Five Ds: Divorce, Disability, Downsizing, Disasters, and Death" and "Local Business Mavericks - Volume 20: Insights & Innovation From Top Local Business Owners, Professionals & Community Leaders." She is also a speaker and Certified Financial Planner Ambassador (only one of 50 people in the United States). She teaches accomplished, successful and educated women to heal their money mistakes, rebuild their wealth, and ultimately reclaim their power. Her business, Financial Control Mastery, teaches women to honor themselves through their money and actions. Know more and visit www.FinancialControlMastery.com
We examine some of the most significant elements of the Biden tax plan proposal and what some of its details may mean for your financial strategy in both the near term and the long term.
Welcome to the latest episode of WhatTheFs, lucky episode number 13! WhatTheFs episodes are my weekly take on fads, films, finance & fun, with friends, and have been dropping regularly every friday. I do know they have become sort of a weekly ritual for some of the committed listeners and their families, so thanks for your support. I strive to keep in touch with whatever the F is happening around the world, so that five minutes with me over the weekend should make your next five days happy, make you money, or both! Paanch taaza minute mein paanch din ka jaaykedaar mazaa.In today's episode, titled Buy, Borrow, Die? Better call Rak…I am delighted to share with you two items that are BOATs - Best of All Times. A streaming series recommendation that ranks amongst the very best, is a totally bingeable series on par, and dare I say, even better than its predecessor ‘sequel'. And the ultimate estate management, tax savings & capital gains avoidance strategy called Buy, Borrow, Die! And why the Biden Tax Plan could be like the Taliban :-)A bonus lawyer joke is in there too ;-) It's all good, man!I enjoy putting these episodes together every week, and I do hope you enjoy listening to them. If you do, please also share with your friends & social circles and recommend they subscribe too. Hearing back from you on my newly launched Facebook Page What The Fs will also help me make these better aligned to listener tastes.Here are the links to subscribe to it on all major podcast directories, and share it with your friends...Buzzsprout: https://feeds.buzzsprout.com/1721890.rssApple Podcasts:https://podcasts.apple.com/us/podcast/whatthefs/id1570521351Spotify: https://open.spotify.com/show/49d8IxKEcCOoFK4vhgyFmH...@What_TheFs is my twitter handle...hope to see you there too.Bfn...Till next week then!
Scott sat down with CPA, Garrett Nyberg of Boroff & Nyberg LLP in studio to discuss all things taxes and accounting. Topics discussed include, Biden's proposed tax legislation, tax planning preparedness, and on-going best practices for both business and personal taxes. Connect with Scott on LinkedInConnect with Garrett on LinkedInFor more on The Optimized Advisor Podcast click here For more on Boroff & Nyberg click hereFollow us on LinkedInFollow us on InstagramFollow us on Facebook**This is the Optimized Advisor Podcast, where we focus on optimizing the wellbeing and best practices of insurance and financial professionals. Our objective is to help you optimize your life, optimize your profession, and learn from other optimized advisors. If you have questions or would like to be a featured guest, email us at optimizedadvisor@mailpcwest.com
We drop in on Kevin Long, our CEO, as he shares his thoughts on the proposed Biden Tax Plan. Topics include 1031 exchanges, adjustment to the step up in basis, and an increase to capital gains tax.
CrossBorder Solutions Director of International Tax Michael Desimone joins Chief Economist Mimi Song to discuss what the Biden administration's 'Made in America' tax plan has in store for MNEs, especially those with operations in low-tax jurisdictions. CrossBorder Solutions
The Biden tax plan has gotten a lot of attention lately as there are quite a few ambitious proposed changes to the tax laws thatContinue reading
During this episode, we're going to examine some of the most significant elements of the Biden tax plan proposal and what some of its details may mean for your financial strategy in both the near-term and the long-term.
With a new administration in Washington, alterations to the tax code are likely on the horizon. But, it's important to distinguish from several myths floating around. On this episode, Paul and Ema walk you through the realities and the probabilities of whether each proposal will be made into law, and will also let you know how they may potentially impact your finances. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app
Josh Jalinski, The Financial Quarterback is joined by Louis W Pierro, founder, and principal of Pierro, Connor & Strauss, LLC. Louis's law, practices in the areas of Estate Planning, Estate and Trust Administration, Business Succession Planning, Elder Law and Special Needs Planning. Mr. Pierro has been selected to the Best Lawyers in America, The Best Lawyers in New York, Super Lawyers of the Hudson Valley, Top 25 Lawyers in Upstate New York, NY Times Top Attorneys in NY, and he was selected by his peers as “2018 Lawyer of the Year” for Elder Law in New York's Capital Region. In this segment, Josh and Louis talk about the corporate tax rate increase and whether President Biden should extend the QBI (Qualify Business Income Deduction) to ALL small businesses. Listen to the Financial Quarterback live every Sat/Sun 9am EST on WOR AM710. Follow Josh on Facebook, Twitter and YouTube. Visit Jalinski.org for more information, and pick up his latest book, Retirement Reality Check now.
In this episode, Aaron and Trishul go through President Biden's tax plan, which could be enacted with a Democrat-controlled Congress. Increasing income, corporate, and long-term capital gains taxes; eliminating the step-up in basis; and reducing estate tax exemptions may seem monumental, but likely, these changes will only affect about 1% of us. Even so, some of Biden's other proposals could lower taxes for the wider population, such as a new retirement account contribution credit, and increased credits for children and dependents. Nothing is set in stone yet, but knowing what may come can still allow you to better prepare for the future.Episode ReferencesMMS #32. These estate planning tips can save you big time.MMS #37. How to get rich and never pay a dollar in taxes.Kitces.com: Biden Tax PlanSlide Deck: Biden Tax PlanIncome Percentile CalculatorNet Worth Percentile CalculatorKitces.com: Marginal Tax RatesMAGISection 1202IRAs Payable to TrustsFidelity: Taxes Post ElectionManaging Concentrated Stock Wealth by Tim KochisHow did the TCJA change business taxes?Why Amazon Pays No Corporate TaxesPodcast DescriptionWelcome to The Mind Money Spectrum Podcast where your hosts Aaron Agte and Trishul Patel go beyond traditional finance questions to help you explore how to use your money to achieve the freedom you want in life. Aaron is a Financial Planner from the Bay Area, and Trishul is a Wealth Manager on the East Coast. For more information about Aaron, check out GraystoneAdvisor.com. And for more information on Trishul check out InvestingForever.com. We thank you all for listening, and stay tuned for our latest episode on our website, MindMoneySpectrum.com.
Today on the Lawyer You Know we breakdown the tax implications of the new president. In this podcast, we compare the Trump VS Bidens Tax plan and try to make predictions on how the new tax plans will affect Americans.Featured in video:Peter TragosGeorge TragosWatch on youtube -> https://youtu.be/pYfBLkWNRHg✅ For business inquiries contact me at office@greeklaw.com✅ Let's connect: www.tragoslaw.comTwitter - @tragoslawInstagram - /tragoslawFacebook - /tragoslawTikTok - /tragoslawYoutube - Lawyer You Know
Featuring Special Guest Shane Rosenthal! Now the new administration is in, do you want to know more about the Biden tax proposals? In this episode, we talk about the Kobe Bryant helicopter crash with a guest helicopter pilot (Shane Rosenthal) and the potential Biden tax proposals. The discussion delves into spatial disorientation, VFR flying, donut hole Social Security taxes, long-term capital gains, and more!
More insurrectionist arrests, we'll fill you in on the latest. Also, you're going to hear that Biden is about to raise taxes. We'll tell you why that's a bunch of malarkey.The Senate confirmed New Mexico Rep. Deb Haaland as Interior Secretary, making her the first Native American to lead a Cabinet department and the DOI.Julian Brave NoiseCat is the Vice President of Policy & Strategy at Data for Progress and an Indigenous environmental justice activist and will be joining us to discuss this historic senate confirmation. --- Send in a voice message: https://podcasters.spotify.com/pod/show/its-news-to-us/message
Today, Jack discusses fraud, Biden tax plan, and the vaccine for the rest of the world. Thanks for listening!! --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/jacktalkspolitics/support
In this episode of tax break, Steve and Loren are joined again by Miller & Chevalier tax Member Jorge Castro to discuss some of the business-specific tax proposals that have come from President-Elect Joe Biden. Jorge served on the Obama-Biden Transition Team in 2008 and provides perspective about how the incoming Biden administration is currently assessing these issues. We discuss significant general corporate changes, international tax changes, other domestic possibilities, and areas for bipartisan agreement. Thanks to our guest, Jorge Castro: https://www.millerchevalier.com/professional/jorge-e-castro ********* Questions? Contact us at podcasts@milchev.com. tax break is not intended and cannot be relied on as legal advice; the content only reflects the thoughts and opinions of its hosts. tax break is a podcast about tax law, brought to you by Miller & Chevalier and hosted by Steve Dixon and Loren Ponds. We'll provide you with perspective on select tax issues that will go deeper than what the tax press covers, but not so deep that you'll have to pull out your regulations or read treatises to follow along. The aim of tax break is to focus only on the tax law issues that we find interesting. Subscribe to tax break wherever you get your podcasts.
Today we dive knee deep into the Biden Tax Plan and discuss is it good or bad. We greatly appreciate you opinion if you can leave comments below! So watch and let us know your opinion. #DNC #motivation #RNC #blackpodcasters #applepodcasts #podcast
The election of Joe Biden may lead to higher taxes, but will you be affected? In Episode 2, we'll take a look at who will pay more if Biden's tax proposal is implemented. Data used in this episode was found at www.taxfoundation.org. Produced and edited by Alex Van Abbema
We are analyzing The Joe Bidden Tax Plan and the Donald Trump Tax Plan today on the Finance Rebel Show. Both tax plans are proposed plans and will have to be enacted by congress and or executive order.
Millcreek Commercial President, Kevin Long, explores the political climate around 1031 exchanges with DC insider and CEO of Colliers Inter-Mountain, Lew Cramer.
This week Brent is joined by special co-host Darren Case to talk about how Covid-19 has changed estate planning and to prognosticate about the BidenContinue reading