Podcasts about retirement tax services

Steven Jarvis is the CEO of Retirement Tax Services, and he joins the show today to share why he opted for a career in accounting and tax preparation instead of financial planning. If you're interested in improving tax planning within your advisory firm, bridging the gap between financial planning and tax strategy, or learning how to add more value to clients through tax expertise, this episode is for you! Listen in as Steven shares his career journey from working at a Big Four firm to leaving just before making partner to start his own tax firm, specializing in helping financial advisors serve their clients more effectively. You'll learn where most advisory firms fall short when it comes to tax planning, strategies to strengthen your expertise in this area, and more. You can find show notes and more information by clicking here: https://tinyurl.com/3hzmp5a5 

Fan favorite Micah Shilanski is back on the Retirement Tax Services podcast to answer advisor questions on Roth conversions. Steven and Micah take it in turns to give insight and expertise and a whole list of questions that came from a recent RTS webinar all about the practicalities of getting Roth conversions done. Over 1,000 advisors registered for the event so I'm sure you can imagine just how many questions there were. Listen in as Micah and Steven get in the trenches of what advisors just like you want to know about Roth conversions https://zurl.co/pH62

Send us a textOn the latest episode of The Get Ready Money Podcast, I spoke with Steve Jarvis, Certified Public Accountant and CEO of Retirement Tax Services about changing the way we think about money and tax planning.In this episode we discussed:Why you shouldn't tip the IRSEvery money decision has a tax impact.The importance of being open to talking about money. What to look for in a tax professional. How advisors can provide value through tax planning. Steven Jarvis, CPA is the CEO and Head CPA at Retirement Tax Services, a tax firm focused on working with financial advisors to change the world one tax return at a time. With over 10 years of experience (and counting) as a CPA, Jarvis has the hands-on experience to create actionable content for his audience. He has been featured in industry publications including Advisor Perspectives and regularly produces content for financial advisors through the Retirement Tax Services website and the Retirement Tax Services Podcast. His experience covers written content, public speaking at leading industry conferences and 3 years as an adjunct professor in the graduate business school at Whitworth UniversityConnect with Steve Jarvis: Retirement Tax Services WebsiteLinkedInPodcast:The Retirement Tax Services Podcast https://retirementtaxservices.com/podcasts/Book:Don't Get Killed on Taxes: 20 of the Most Common Reasons You're Sending Too Much Money to the IRS (Amazon) Mentioned in this episode:“There is not even a patriotic duty to increase one's taxes. Over and over again the Courts have said that there is nothing sinister in so arranging affairs as to keep taxes as low as possible. Everyone does it, rich and poor alike, and all do right, for nobody owes any public duty to pay more than the law demands.” Judge Learned Hand. Support the show

In this episode, Matthew Jarvis teams up with Steven Jarvis, CPA, from Retirement Tax Services, to unveil the hidden pitfalls of IRA management that could cost your clients dearly. Discover how to navigate IRA rollovers without wiping out your client's retirement dreams. Learn why treating your client's IRA like a personal piggy bank is a recipe for disaster, and how to avoid these self-dealing traps. You'll also gain insights into transforming your practice through proactive and intentional tax planning strategies that set you apart from the competition. Don't let tax complexities derail your clients' financial future. Intentional Tax Planning and Avoiding Costly Mistakes with Guest Steven Jarvis, CPA [Episode 266] Resources in today's episode: - Matt Jarvis: Website | LinkedIn - Steven Jarvis: LinkedIn | Website - 8606 Masterclass - 37 Point Masterclass On Reviewing Tax Returns - 2nd Annual Tax Summit  

Each week I recap the implementable ideas from this week's full-length podcast.  Consider me the accountability partner you didn't ask for, but always needed!Here are the Action Items to Tuesday's podcast: My NEW Favorite Focus Hack for Increased Productivity (and a few other tools!)LINKS FROM THIS EPISODECheck out the Retirement Tax Services  2024 Tax Planning Summit here!Find the Best Self Journal I use here!Get your gummies here (and follow these instructions!)Click Shop > Product Category - Society Gummies > Brilliant Gummies 1-pack Subscription (NOT SINGLE PURCHASE! Way cheaper!) > Create SubscriptionEpisode 16: 8 Productivity Hacks to Work More Efficiently - Here!Episode 12: Designing Your Perfect Schedule to Get it All Done in Less Time - Here!Download the Family Tree Template HereEnroll in The Perfect RIA Masterclass HereConnect with Libby on LinkedIn Here!Get on the Systems to Scale Group Coaching Waitlist HereSuccessful businesses don't get built alone. You need community! You need collaboration! Join us in The Efficient Advisor Community on Facebook.Check out more FREE resources and our FREE video library at http://www.theefficientadvisor.comLooking for all the resources from this episode? Check out this episode's webpage for show notes, transcripts, downloads and more!

Steven Jarvis, CEO of Retirement Tax Services, joins todays show. We cover:Tax topics that advisors actually focus on for their clients (hint: it's way less of an investment product focus than you'd think)How advisors do and don't network with Centers of Influences like CPAsWhat it's like to get an IRS letter or audithttps://retirementtaxservices.com/about/

Join expert finance marketer Olivia Luper in an engaging conversation with Steven Jarvis, CEO of Retirement Tax Services, as they dive into the world of tax planning. Discover how financial advisors can legally minimize tax liabilities for their clients, and learn valuable tips to incorporate tax strategies into your own marketing plans. Olivia and Steven also share insights, experiences, and best practices to help you effectively communicate tax savings to your clients. Don't miss out on this must-watch discussion on optimizing tax efficiency in retirement! #taxplanning #financialadvisormarketing Connect with Steven here: Website: https://retirementtaxservices.com/ LinkedIn: https://www.linkedin.com/in/stevenajarvis/ If you'd like to learn more about Lexicon's FinGrowth marketing plans, hop on our newsletter list: https://lexicon-advisor-marketing.ck.page/3b08474277

Ben Franklin certainly wasn't thinking of podcasts when he uttered these famous words but on this weeks episode our resident CPA is joined by attorney to talk about the importance of addressing both death and taxes for your clients. Anne Rhodes is the Chief Legal Officer at Wealth.com, a company doing for Financial Advisors around Estate Planning what Retirement Tax Services is doing on taxes: providing an expert solution for Financial Advisors to serve clients at a high level while staying in the driver's seat of the relationship. Steven and Anne share their expertise on why these topics are so important and how Financial Advisors can set themselves apart by embracing tax and estate planning. https://bit.ly/3rSC1JG

When explaining taxes to your clients, it should be as detailed and in-depth as possible to make sure they understand it as well as you, right? How about instead, you simplify something that is complex and, in turn, empower your clients to take action? In today's episode, Matt is joined by Steven Jarvis from Retirement Tax Services to discuss why you need to focus on certain areas of tax planning and why explaining tax strategies as simple as possible and being proactive leads to a better understanding and a higher level of trust. https://bit.ly/42tNagP

In this episode, Steven's guest is Jeremy Straub, the CEO and Founder of Coastal Wealth. Jeremy has over 20 years of experience in the industry with multiple firms and shares his experience with the power of differentiation (including through tax planning) and the value behind having systems and processes for getting things done. A conversation that at times may feel scripted because of how closely it aligns with so many of Steven's constant refrains, this episode shows that there are consistent themes to what works in practice for the greatest advisors across the country.

Steven Jarvis, CEO and Head CPA at Retirement Tax Services, author, and podcast host, joins Matt on today's episode of Bridging The Gap. Steven's firm is helping financial advisors transform the way they deliver tax planning, how tax planning is integrates with wealth management, and how advisors can incorporate more tax planning into their client services.Steven dives into how advisors can find the time to incorporate tax planning into their firms and better utilize our time around helping our clients with tax planning. He shares common myths about tax planning from his book, how every money decision has a tax impact, and how simply referring clients to a CPA may not be enough.Steven shares his experience in the industry, why he started Retirement Tax Services, key factors that make tax planning great, and how we can deliver value to our clients. Advisors are the quarterback of the relationship between client and CPA, and Steven walks us through how do bridge these two components of financial advisory to ensure our clients' needs are met.Steven Jarvis Bio:Co-founded by Steven Jarvis, CPA, Retirement Tax Services (RTS) specializes in the unique needs of taxpayers who are in, approaching, or planning for retirement. What makes RTS unique is that it works in partnership with your existing Financial Advisor to make your life easier and ensure that you are not leaving the IRS a tip (aka overpaying). While most tax preparers see filing a tax return as the finish line, that is just step 1 in our process.Steven Jarvis, MBA, CPA, is also RTS's CEO & Lead Tax Wiz. Steven has a Bachelor of Science in Accounting and a Masters of Business Administration. He is a Certified Public Accountant (licensed in Washington State, no. 30681) with over ten years of accounting experience with some of the Nation's largest firms, including BDO USA, LLP, and CliftonLarsonAllen LLP. Steven is also a former adjunct professor of accounting in the MBA program at Whitworth University. And when he is not focused on taxes, he is a Dad, Husband, and Triathlete.Follow Us And Find More Content For Financial Advisors and Wealth Management Firms At:www.mattreiner.comYouTubeTwitterLinkedIn

He's baaack! I've talked about this before on the podcast… but integrating tax planning into our business changed everything. I think when we started collecting tax returns, plugging them into our software, doing analysis, looking for areas of opportunity… we really separated ourselves from other advisors. When we got really good at this– that's when we started to stand out from our competitors. I felt so good about the planning that we did and how much value we added to clients. Demystifying taxes, savings clients, money, and being thoughtful about their future tax situation was adding so much value to our planning services. There's a catch though, I didn't always know what to do with a tax return when I got them, especially if it was a simple W-2 return, and it took FOREVER to build up my tax acumen and create a process around tax return analysis to really integrate it into the DNA of my business. Steve Jarvis of Retirement Tax Services (yep, you remember him from Episode #40) is back and today we're going to talk about how you can help your clients NOT get killed on taxes. And… do you know about the Augusta Rule for tax free income!? You will now! Ready to increase your acumen so that you can deliver even more value to your clients? ---------------LINKS FROM THIS EPISODE:Grab Steven's Book Don't Get Killed On Taxes Here!Grab the 37-Point Tax Checklist Here!(Email  your receipt to efficientadvisor@gmail.com to get your BONUS)Sign up for the RTS Webinar Here: Use Promo Code “LIBBY” to save 50%Curious about the Retirement Tax Services Conference in Las Vegas? Click HERE for more info!Check out my Episode with Steven #040: Tax Returns--What to ACTUALLY Do with Them to Add Value Check out Steven's tax content here!Successful businesses don't get built alone. You need community! You need collaboration! Join us in The Efficient Advisor Community on Facebook.Check out more FREE resources and our FREE video library at http://www.theefficientadvisor.comLooking for all the resources from this episode? Check out this episode's webpage for show notes, transcripts, downloads and more!

Are you questioning what you should or shouldn't do related to tax planning with your clients? On this week's What Works Wednesday, Micah is joined by Steven Jarvis, head CPA for Retirement Tax Services, as they discuss the spectrum of advisors delivering tax value to their clients (hint: you may not even realize that you're doing tax planning!). Listen in as they talk about how working with your client's tax preparer and educating yourself will only help further deliver value to your clients. http://bit.ly/3ZFQvsE

Finding the right tax advisor can be a frustrating experience. Today, we talk to Steven Jarvis, CPA about the steps you should take when looking for a new advisor to help you with taxes.  Steven is the owner of Retirement Tax Services and aims to bridge the gap between tax professionals, financial advisors, and their mutual clients to help reduce most people's largest expense in retirement: taxes! You can also find him (along with past guest Benjamin Brandt) on his podcast The Retirement Tax Podcast. Want to ask Devin or John your question? Just visit https://www.bigpictureretirement.com/ and look for the tab on the right side that says “Send A Voicemail.”  Although this show does not provide specific tax, legal, or financial advice, you can engage Devin or John through their individual firms.  Contact Devin's team at https://www.carrolladvisory.com/  Contact John's team at https://www.rossandshoalmire.com/ 

When discussing business structures, do your clients focus on tax impacts first, or are you helping them consider what they're solving for? Micah is joined on this What Works Wednesday by Steven Jarvis from Retirement Tax Services to talk about planning with small businesses. They'll discuss some of the myths surrounding LLCs and why you need to be able to explain to your clients how an LLC works. Micah and Steven will discuss why you want to be involved before your client makes a decision on their business structure and ways that you can help your clients visually understand their business structure decision. http://bit.ly/3OQ9FXY

When it comes to finances, taxes are just one piece of the puzzle. It is important that as financial advisors, you have a trusted CPA who you are in frequent communication with in regard to your clients' finances. This is where Retirement Tax Services (RTS) can help. RTS provides advisors with everything they need to deliver massive value to retirement-focused clients. In this episode, Steven will be explaining exactly who Retirement Tax Services is, how it began as a company, and how it continues to bridge the gap between tax professionals, financial advisors, and their mutual clients.

What should you be thinking about or doing with your tax planning as we approach the end of the year? Planning your taxes ahead of April is a great way to make the process more efficient.When it comes to tax planning, the earlier you can do it outside of April, the more things you can get done. Some of the things you should be looking into include RMDs and QCDs, which depend on the situation or age.In this episode of the Secure Your Retirement podcast, we have Steven Jarvis, a CPA, owner of Retirement Tax Services, the host of Retirement Tax Podcast, and is very knowledgeable in tax planning. We discuss QCDs, standard deductions, Roth conversions, and much more.In this episode, find out: Why these last months of the year are a great time to check on your taxes before April.Things to check on before the year ends to avoid tax interests and penalties.How QCDs allow you to give to charity without taxation and should be done by the end year.The advantages of doing QCDs if you're charity inclined and over the age of seventy and a half.Understanding the standard deductions and how to save on taxes when donating to charity.The difference between a Roth conversion and contribution and how to do them correctly.The advantages of a Roth account in giving tax savings and flexibility.How taxes are paid on Roth conversions, depending on age and situation.Why the inflation reduction act doesn't directly impact your taxes. Tweetable Quotes:“Tax planning should be a conversation we have thirteen months of the year.”- Steven Jarvis“Taxes should go into our considerations; they should not be the primary reason we do something.”- Steven JarvisGet in Touch with Steven:Website: https://retirementtaxservices.com/LinkedIn: https://www.linkedin.com/in/steven-jarvis-cpa-ba91aa23/Resources:If you are in or nearing retirement and you want to gain clarity on what questions you should be asking, learn what the biggest retirement myths are, and identify what you can do to achieve peace of mind for your retirement, get started today by requesting our complimentary video course, Four Steps to Secure Your Retirement!To access the course, simply visit POMWealth.net/podcast.

It is common for people to focus on planning their financial future. They plan for retirement and save for major purchases. Unfortunately, taxes play a significant role in their savings and investment. Despite this, there is a disconnect between tax professionals and financial advisors. What can financial services firms do to bridge the gap between tax professionals and financial advisors to best serve their mutual clients? In this episode, Steve talks with Steven Jarvis, CEO and Head CPA of Retirement Tax Services. In his role, Steven works with financial advisors to deliver massive value on tax planning through a year-round tax service model that keeps the advisor in control but leverages the team's expertise. His goal is to help bridge the gap between tax professionals, financial advisors, and their mutual clients to reduce most people's largest retirement expense - taxes. Steven talks with Steve about how he built a company devoted to helping advisors who are committed to tax planning and preparation, what makes a successful partnership between a CPA and an advisor, and the importance of using technology and software to maximize efficiency, but how it cannot replace the experience and wisdom of an advisor.   Key Takeaways [01:59] - Steven's journey to building a successful tax services firm. [04:03] - Why tax services did not exist before. [05:36] - How Steven and his team have continued to grow over the years. [08:27] - How advisors and tax professionals can build a great working relationship. [10:47] - Stevens' approach to partnering with advisors. [12:20] - How Steven and his advisors work with clients during tax preparation. [16:51] - The qualities Steven looks for in an advisor. [20:37] - Why most advisors do not provide tax planning services. [23:17] - The benefits of software programs for tax planning. [26:17] - What Steven looks for in advisors and how he works with them. [28:29] - Costs associated with tax preparation. [31:28] - A book Steven recommends reading.   Quotes [04:28] - "The industry has been built on compliance and filing returns every year. It's a high-volume, low-margin game, especially for solo CPAs or small CPA teams. They don't own businesses. They own jobs. They can only grow if they put in more hours and if they turn out more returns." ~ Steven Jarvis [13:38] - "Most people want to know they're taken care of, but they don't feel like they need to sit down with a CPA. Taxpayers are a passenger on the bus. They're not the driver."~ Steven Jarvis [21:02] - "Advisors see the value of tax planning but aren't sure how to do so. They feel limitations either because they're not a CPA or their client already has a CPA, and they're not sure where those boundaries are of not stepping on other people's toes or crossing kind of professional lines." ~ Steven Jarvis   Links  Steven Jarvis on LinkedIn Steven Jarvis on Twitter Retirement Tax Services Retirement Tax Services Podcast Extreme Ownership: How U.S. Navy SEALs Lead and Win   Connect with our hosts Steve on LinkedIn Buckingham Strategic Partners   Subscribe and stay in touch Apple Podcasts Spotify Steve on LinkedIn Follow Buckingham Strategic Partners on Twitter   Disclosure For informational and educational purposes only and should not be construed as specific investment, accounting, legal, or tax advice. Certain information is based upon third-party data which may become outdated or otherwise superseded without notice. Third-party information is deemed to be reliable, but its accuracy and completeness cannot be guaranteed. Some analysis presented is based on current economic information and may become outdated or irrelevant without notice. Individuals should speak with their qualified financial professional based on his or her unique circumstances. Neither the Securities and Exchange Commission (SEC) nor any other federal or state agency have approved, determined the accuracy, or confirmed the adequacy of this podcast. © 2022 Buckingham Wealth Partners, LLC. Buckingham Strategic Wealth, LLC and Buckingham Strategic Partners, LLC (collectively, Buckingham Wealth Partners)

LifeBlood: We talked about tax planning versus tax preparation, the important differences between the two, why taxes are your biggest liability in retirement, and what to do about it, with Steven Jarvis, CoFounder, CEO, and Head TPA with Retirement Tax Services.  Listen to learn the right questions to ask your financial advisor! You can learn more about Steven at RetirementTaxServices.com and LinkedIn. Thanks, as always for listening! If you got some value and enjoyed the show, please leave us a review here: ​​https://ratethispodcast.com/lifebloodpodcast You can learn more about us at LifeBlood.Live, Twitter, LinkedIn, Instagram, YouTube and Facebook or you'd like to be a guest on the show, contact us at contact@LifeBlood.Live.  Stay up to date by getting our monthly updates. Want to say “Thanks!” You can buy us a cup of coffee https://www.buymeacoffee.com/lifeblood

As many Barber Financial Group clients have come to realize, it's critical to have a CFP® Professional and CPA working together on your financial plan. That collaboration is key so that nothing gets overlooked within your plan from a tax planning perspective. Our tax team has long been committed to forward-looking tax planning, not only during tax season, but year-round. They're looking forward to building upon that commitment and analyzing the impact of taxes in retirement now that we've formed a strategic partnership with Retirement Tax Services. In this episode of The Guided Retirement Show, Retirement Tax Services Founder and Owner Steven Jarvis shares what his company is all about, and how he's in full agreement with our form about the importance of CFP® Professionals and CPAs collaborating to do what's in the best interest of the clients.   In this podcast interview, you'll learn: Why it's crucial to create tax diversification. That the tax code can be a little less complicated with professional help. Why the SECURE Act is secure in name only. How to avoid “tipping the IRS.” Why Barber Financial Group and Retirement Tax Services are so passionate about tax planning.     START PLANNING To get a full recap of today's conversation, including the biggest takeaways, transcripts, and links to all the resources mentioned, visit GuidedRetirementShow.com/73   Learn More about Retirement Planning Find out more about retirement planning and Barber Financial Group, by visiting BarberFinancialGroup.com

As an advisor, you help your clients work towards many financial goals. One should be ensuring they aren't overpaying the IRS.  On this episode of Elementality, Abby welcomes Steven Jarvis, founder of Retirement Tax Services. Find out what services can help grow your tax expertise and how to work more closely with CPAs to benefit your clients.

As Advisors, we all know that taxes play an integral role in our client's financial picture. AND, we know that that clients EXPECT their financial advisor to be able to help with taxes.Why? Because:1) Most clients really don't understand their return AT ALL, 2) They have never received real advice related to taxes, and3) Everything we do as Advisors impacts them tax-wise either now or in the future. I know for me, this was a HUGE area of planning that really differentiated us from every other planning firm in town. But, I know when I started my business I had NO CLUE how to add REAL value to clients – especially W2 clients. I would get their return and then not really know what to do with it from there. Even as my tax knowledge evolved, I was always worried that I didn't know what I didn't know. And then there were pesky compliance concerns!Today we are going to help you fast track that knowledge and show you how to add value to clients RIGHT AWAY. This matters because your clients EXPECT you to help them with their taxes. And today, we're going to show you EXACTLY how to do that. In today's episode we're going to dive into:Why it's irresponsible to not do tax planning as an advisor – EVEN if your B/D is weird about itHow tax planning separates you from the vast majority of AdvisorsWhat to actually do with their return… especially if they are just W-2Steven's going to show us how to deliver value on every return using a 37-step checklistAnd my personal favorite…. The Dishwasher Rule.--------------------------------------------Links from Today's Episode:Connect with Steven on LinkedIn here! Listen to the Retirement Tax Services podcast here! Curious about the Efficient Advisor Group Coaching & Mastermind? Get on the waitlist here for more information on the next session coming this August.    Successful businesses don't get built alone. You need community! You need collaboration! Join us in The Efficient Advisor Community on Facebook.Check out more FREE resources and our FREE video library at http://www.theefficientadvisor.com Looking for all the resources from this episode? Check out this episode's webpage for show notes, transcripts, downloads and more!

Are you committed to having a tax-planning conversation outside the tax season? The only way to win in the tax game is to have a proactive approach when it comes to tax planning. It's important to be committed to having some kind of tax-planning conversation on any topic, especially with a professional outside of the traditional tax period. In this episode of the Secure Your Retirement podcast, we have Steven Jarvis, a CPA, owner of Retirement Tax Services, the host of Retirement Tax Podcast, and is knowledgeable in tax planning. We discuss the benefits of tax planning and a few ways how you can get intentional to avoid paying more tax than needed. In this episode, find out: The importance of tax planning to avoid the pain of the tax-paying experience. How (QCDs) can lower your taxable income even when taking standard deductions. How doing a QCD can help you pay lower premiums for Medicare. The benefits of the donor-advised fund, allowing lumping of multiple years of charitable contributions into a single year. Why you should consider getting your money into a tax-free bucket according to your tax bracket. The reasons why you should or shouldn't consider doing a Roth conversion. Tweetable Quotes: “Everyone should consider a Roth; it does not mean anyone should do one.”- Radon Stancil “If you have any concerns that tax rates might go up, getting dollars into a tax-free bucket is going to set you up for success.”- Steven Jarvis “The only way we get ahead with tax planning is if we have an intentional approach.”- Steven Jarvis Get in Touch with Steven: Website:https://retirementtaxservices.com/ ( https://retirementtaxservices.com/) LinkedIn:https://www.linkedin.com/in/steven-jarvis-cpa-ba91aa23/ ( https://www.linkedin.com/in/steven-jarvis-cpa-ba91aa23/) Resources: If you are in or nearing retirement and you want to gain clarity on what questions you should be asking, learn what the biggest retirement myths are, and identify what you can do to achieve peace of mind for your retirement, get started today by requesting our complimentary video course, Four Steps to Secure Your Retirement! To access the course, simply visit https://pomwealth.net/3-keys-to-secure-your-retirementlp/ (POMWealth.net/podcast.)

Alanah concludes her conversation with Steven Jarvis, CPA and co-founder of Retirement Tax Services, with an in-depth talk on the dos and don'ts of tax planning as one of the most in-demand services financial advisors can provide, as well as how to navigate restrictions placed on you by compliance. You can also listen to Steven's own podcast here. SIGN UP HERE now for Steven's masterclass on tax planning for financial advisors! Alanah Phillips is a Recruiter with Lincoln Financial Advisors Corp., Member SIPC.

In today's episode, Matthew is joined by a special guest CPA to talk about tax planning mistake #5 and how you might be making your CPA's life a living hell. Steven Jarvis is not only Matthew's brother, but also an excellent tax preparer and the founder of Retirement Tax Services. Together, they discuss the issues that hide behind not getting responses from your CPA and how you can set up a better, more mutually-beneficial relationship with them. You can find show notes and more information by clicking here: https://bit.ly/36BhKxw

Financial advisors may find tax planning with CPAs difficult and time-consuming, but they each must play an essential part in the process. Alanah continues her interview with Steven Jarvis, CPA and co-founder of Retirement Tax Services. You can also listen to Steven's own podcast here. SIGN UP HERE now for Steven's masterclass on tax planning for financial advisors! Alanah Phillips is a Recruiter with Lincoln Financial Advisors Corp., Member SIPC.

Alanah sits down with Steven Jarvis, CPA and co-founder of Retirement Tax Services, to discuss what a CPA actually does and how financial advisors can work best with them to the benefit of their clients. You can also listen to Steven's own podcast here. SIGN UP HERE now for Steven's masterclass on tax planning for financial advisors! Alanah Phillips is a Recruiter with Lincoln Financial Advisors Corp., Member SIPC.

Welcome to another episode of the Conversations for Financial Professionals podcast where we are shaping the next generation of financial advice.   Today we have Steven Jarvis, co-founder and CEO at Retirement Tax services where he aims to bridge the gap between tax professionals, financial advisors, and their mutual clients to help reduce most people's largest expense in retirement: taxes! Steven has over 10 years of experience from top accounting firms and is also the host of the Retirement Tax Services podcast where he utilizes valuable skills of distilling endless pages of IRS tax code and case law into easy to explain actionable items that financial advisors can use with their clients.   In our discussion we talked about:    

In this episode, we sit down with Steven Jarvis, Co-Founder, CEO and Head CPA at Retirement Tax Services – a tax planning platform that enables financial advisors to better communicate, engage, and educate their clients around taxes. Steven and I get into the experience of building his business so far – how he went narrow on both audience and topic, what he's learned about the model as he's scaled, and how advisors can integrate more tax planning content and services into their business. Check them out: https://retirementtaxservices.com/ Check us out: https://www.thesevengroup.com/ 

Did you know that you might end up spending more on taxes after retirement due to a lack of proper tax preparing and planning strategy? It is important that you proactively do tax preparation outside of the tax deadline and plan your taxes as part of your retirement planning. In this episode of the Secure Your Retirement podcast, we have Steven Jarvis, a CPA, owner of Retirement Tax Services, host of the Retirement Tax Podcast, and is very knowledgeable in tax planning. We cover the topics of Roth conversions and tax rates going up in 2022 and how you can navigate that with the help of a financial advisor. In this episode, find out: ●     The disadvantages of using tax software when it comes to complex tax planning. ●     What a lot of people think about taxes and how tax preparation and planning can help you get tax benefits. ●     Things to look into outside of the tax deadline to proactively and impactfully plan tax. ●     Steven explains how he approaches the topic of Roth conversions and tax rates going up. ●     The value of proactively finding ways to take away the IRS's ability to change the rate on your tax-deferred money. ●     Understanding the proposed tax changes that might happen come 2022. ●     Steven on how he partners with financial advisors to help taxpayers do tax preparing and planning. Tweetable Quotes: ●     “If tax rates don't change, it doesn't matter if you do tax-deferred or Roth, the math works the same.”- Steven Jarvis ●     “The tax code is written in pencil; congress can change it any time they want.”- Steven Jarvis Get in Touch with Steven: ●     Website:https://retirementtaxservices.com/ ( https://retirementtaxservices.com/) ●     LinkedIn:https://www.linkedin.com/in/steven-jarvis-cpa-ba91aa23/ ( https://www.linkedin.com/in/steven-jarvis-cpa-ba91aa23/) Resources: If you are in or nearing retirement and you want to gain clarity on what questions you should be asking, learn what the biggest retirement myths are, and identify what you can do to achieve peace of mind for your retirement, get started today by requesting our complimentary video course, Four Steps to Secure Your Retirement! To access the course, simply visit https://pomwealth.net/3-keys-to-secure-your-retirementlp/ (POMWealth.net/podcast.)

Most advisors are unable to get something that even resembles a referral from other CPAs. But why is that a challenge for so many advisors—and is there a change that can be made to your marketing efforts to potentially receive more referrals? Here to help break down this topic from the perspective of a CPA is Matthew's brother, Steven Jarvis, co-founder, CEO, and head CPA for Retirement Tax Services. You can find show notes and more information by clicking here: https://bit.ly/3AzpWaU 

Steven Jarvis, CPA, is the co-founder, CEO, and head CPA at Retirement Tax Services. He also hosts their podcast, where he aims to bridge the gap between tax professionals and financial planners to better serve mutual clients. He sat down with Matt Fizzell, CFP®, to talk about how collaboration can provide enhanced value to both professions. They also discuss why collaboration has been a struggle in the past and how you can build a mutually beneficial partnership with your client's tax planner.

Most financial advisors do not offer tax planning and strategy services to their clients. Why? Well, according to Steven Jarvis, CEO of Retirement Tax Services the answer is simple. Most advisors aren't CPAs and they lack the skills "in-house" to deliver tax planning services. But now it's possible for advisors to use a firm like Retirement Tax Services to offer more value to their clients.

The IRS doesn't officially recognize the term “shadow tax.” Regardless, it's become a favorite expression around Retirement Tax Services. Join Steven this Wednesday as he sheds light on oddities that sneak up as you do your tax planning

If you're looking for a way to separate yourself from other advisors, tax planning just might be the answer. Most people are focused on tax preparation each year but providing tax planning as part of an overall approach to serving clients, you'll be able to provide additional value to each person you work with. The holdup for people is not having a comprehensive understanding of tax code. But that's where a CPA comes in. The role an advisor plays works in conjunction with a CPA and together they can really benefit a client. That's why we asked Steven Jarvis, CPA, MBA, to come on the podcast and share the way he helps bring tax professionals and financial advisors together to reduce one of the largest expenses in retirement, which is taxes. He's an expert in working with advisors and showing them how to implement tax planning in your business and how explain how it can strengthen your relationship with clients. Throughout the show, he'll walk you through the difficulties in tax planning, what kind of checklist you need, and how advisors will benefit from this service. So as you go through the episode today, keep an ear out for some of these topics that we cover: Why tax planning frequently gets ignored by advisors. The steps you can take as an advisor in the tax planning area. What approach can you take if you feel like you don't have enough knowledge to take on taxes. Are you comfortable explaining the strong possibility of increased taxes in the future? Make sure your clients are bringing in a 1040 and what you should look for on it. The reason why CPAs are trusted much more than advisors and how you can overcome that frustration. The relationship between advisors and CPAs when it comes to tax planning. How Steven and his team at Retirement Tax Services helps advisors. To get more info about Steven and to sign up for his webinar, visit his website at https://retirementtaxservices.com/welcome. And if you want the checklist of what to look for on tax forms, shoot them an email at advisors@rts.tax. For more on this topic and other strategies to growing your business, join us over at RenegadeAdvisor.net.   Here's the rundown for this episode: 1:38 – Why our guest today 2:11 – Tax planning gets ignored 4:58 – Steps advisors should take 7:20 – Advisors that feel like they don't know enough   10:49 – Understanding the future of taxes   16:38 – What to look for on a 1040   22:10 – Why advisors aren't trusted   25:56 – Qualified dividends   29:02 – Conflict between advisors and CPAs 31:38 – How Steven helps advisors with tax planning 34:35 – Webinar he offers