Podcasts about tax deductions

Show Notes In this episode of Be a Smarter Homeowner, host Beth Dodson sits down with Craig Sheets, founder of Crestville Accounting, to unpack one of the most misunderstood parts of homeownership: taxes. Craig brings nearly 25 years of senior-level accounting experience and helps individuals and business owners not only stay compliant, but also make smarter financial decisions throughout the year. Together, Beth and Craig discuss how homeowners can better understand deductions, tax planning, rental property rules, renovation records, mortgage interest, inherited homes, and the importance of working with a knowledgeable CPA. This conversation covers practical tax considerations for both primary residences and rental properties, including the difference between repairs and capital improvements, how renovations can affect your cost basis, what rental property owners should know about depreciation, and why keeping detailed records can make a major difference when it is time to file taxes or sell a home. Topics covered include: Homeowner tax myths, Schedule A deductions, sales tax deductions, mortgage interest, real estate taxes, rental property deductions, cost segregation, depreciation, repairs versus renovations, capital improvements, tax basis, inherited homes, revocable and irrevocable trusts, energy-efficiency tax credits, and why planning with your CPA matters. Important note: This episode is for educational purposes only. Tax laws and individual situations vary, so homeowners should consult their own CPA, accountant, or financial advisor before making tax decisions.   Episode Summary Your home is often your largest financial asset, but many homeowners do not fully understand how it connects to their tax strategy. In this episode, Beth Dodson talks with CPA Craig Sheets about the deductions, credits, planning opportunities, and recordkeeping habits homeowners should know. Craig explains why tax planning should happen year-round, not just during filing season. He discusses how homeowners may be able to deduct certain taxes, mortgage interest, sales tax on qualifying renovations, and energy-efficient upgrades. He also breaks down the difference between a repair and a renovation, explaining why that distinction matters for tax purposes. For rental property owners, Craig goes deeper into depreciation, cost segregation, active versus passive management, possible travel and business-related deductions, and the importance of understanding how a property is owned. Beth and Craig also explore how renovations can affect a home's tax basis and why detailed project records can help homeowners reduce potential capital gains later. The episode closes with practical advice: keep receipts, track home improvements, document energy-efficient upgrades, communicate with your CPA before major projects, and treat your home like the financial asset it is.   Key Takeaways Homeowners may miss deductions simply because they do not know what to track. Repairs and renovations are treated differently for tax purposes. Rental property ownership comes with additional rules, deductions, and planning opportunities. Cost segregation may help rental property owners accelerate depreciation. Home improvements can increase your tax basis, which may matter when you sell. Mortgage interest can be part of an itemized deduction strategy. Energy-efficient upgrades may qualify for tax credits, which can be more powerful than deductions. Inherited homes and trusts can create tax consequences that should be planned carefully. Good recordkeeping can save homeowners money. The best tax strategy usually begins before the project, purchase, sale, or filing deadline. Chapters 00:40 Understanding Homeownership and Taxes 01:52 Myths and Misconceptions in Home Taxation 05:40 Deductions for Home Renovations 10:42 Navigating Rental Property Deductions 15:38 The Importance of Active Management in Rentals 20:35 Repairs vs. Capital Improvements 22:24 Understanding Repairs vs. Renovations 24:25 Appliances and Their Tax Implications 27:29 The Impact of Renovations on Capital Gains 32:10 Tax Basis and Renovations Explained 36:18 Living in Your Home: Tax Implications 39:47 Mortgage Interest Deductions: A Double-Edged Sword 41:24 Understanding Mortgage Interest Deductions 42:56 The Benefits of Homeownership 44:41 Renovations and Their Impact on Home Value 48:19 Inheriting a Home: Key Considerations 53:36 Tax Tips for Homeowners

My guest in this episode is Rohit Punyani, the co-founder of The Owner's Asset, a firm focused on helping small business owners, 1099 professionals, and high-income earners build tax-aware retirement strategies with greater control, flexibility, and long-term ownership.With experience in capital markets and private wealth management, Rohit works closely with business owners and CPAs to design practical strategies for reducing tax drag, improving retirement outcomes, and helping owners keep more of what they earn.Interview Links:The Owners Asset https://ownersasset.com/Subscribe To Our Weekly Newsletter:The Wealth Dojo: https://subscribe.wealthdojo.ai/Download all the Niches Trilogy Books:The 21 Best Cashflow NichesDigital: ⁠⁠https://www.cashflowninjaprograms.com/the-21-best-cashflow-niches-book⁠⁠Audio: ⁠https://podcasters.spotify.com/pod/show/21-best-cashflow-niches⁠The 21 Most Unique Cashflow NichesDigital: ⁠⁠https://www.cashflowninjaprograms.com/the-21-most-unique-cashflow-niches⁠⁠Audio: ⁠https://podcasters.spotify.com/pod/show/21-most-unique-niches⁠The 21 Best Cash Growth NichesDigital: ⁠https://www.cashflowninjaprograms.com/the-21-best-cash-growth-niches⁠⁠Audio: ⁠https://podcasters.spotify.com/pod/show/21-cash-growth-nichesThe 21 Next Level Cashflow NichesDigital: https://www.cashflowninjaprograms.com/the-21-next-level-cashflow-niches-book-free-downloadAudio: https://podcasters.spotify.com/pod/show/the-21-next-level-nichesListen To Cashflow Ninja Podcasts:Cashflow Ninja⁠https://podcasters.spotify.com/pod/show/cashflowninja⁠Cashflow Investing Secrets⁠https://podcasters.spotify.com/pod/show/cashflowinvestingsecrets⁠Cashflow Ninja Banking⁠https://podcasters.spotify.com/pod/show/cashflow-ninja-banking⁠Connect With Us:Website: http://cashflowninja.comPodcast: http://cashflowinvestingsecrets.comPodcast: http://cashflowninjabanking.comSubstack: https://mclaubscher.substack.com/Amazon Audible: https://a.co/d/1xfM1VxAmazon Audible: https://a.co/d/aGzudX0Facebook: https://www.facebook.com/cashflowninja/Twitter: https://twitter.com/mclaubscherInstagram: https://www.instagram.com/thecashflowninja/TikTok: https://www.tiktok.com/@cashflowninjaLinkedin: https://www.linkedin.com/in/mclaubscher/Gab: https://gab.com/cashflowninjaYoutube: http://www.youtube.com/c/CashflowninjaRumble: https://rumble.com/c/c-329875

If you’ve ever looked at a wacky fashion trend online and thought, “Who on earth is actually wearing that in real life?” meet Annaliese Todd. As Mamamia’s resident lifestyle journalist, Annaliese is the brave soul who takes the internet’s most polarising style trends and tests them out in the office. (Yes, including wearing actual soccer boots and one-legged jeans to work). This week, Leigh is sitting down with the self-proclaimed "Cozzie Livs Queen" to chat about how to shop on a budget without sacrificing style, how navigating a divorce completely reinvented her wardrobe, and why she's entirely unfazed by Gen Z TikTok trolls. Plus, the duo are breaking down a genius End of Financial Year tax hack and Leigh attempts some fashion exposure therapy to help Annaliese overcome her ultimate style fear: the winter scarf. EVERYTHING MENTIONED: Read Annaliese's article here. BOUJIE TO BUDGET: Annaliese's Item: Work Bags Budget: Target Large Work Tote Bag - Chocolate, $35. Mid-Range: & Other Stories Suede Tote Bag, $299. Boujie: July Juliette Suede Work Tote, $495. Leigh's Item: Winter Scarves Budget: Token Check Cosy Oversized Knit Scarf Multi, $30. Mid-Range: VRG GRL Jude Knit Scarf, $89. Boujie: ACNE Studio Multicolor Mohair Checked Scarf, $560. GET YOUR FASHION FIX: Watch all our Nothing To Wear content on YouTube here! Follow us on Instagram & TikTok: @nothingtowearpod Shop the Pod: Sign up to the Nothing To Wear Newsletter to see all the products mentioned plus more, delivered straight to your inbox after every episode. Feedback? We’re listening! Call the pod phone on 02 8999 9386 or email us at podcast@mamamia.com.au CREDITS: Hosts: Leigh Campbell Guest: Annaliese Todd Producer: Ella Maitland & Zara Sengstock Audio Producer: Tegan Sadler Video Producer: Artemi Kokkaris Just so you know—some of the product links in these notes are affiliate links, which means we might earn a small commission if you buy through them. It doesn’t cost you anything extra, and it helps support the show. Happy shopping! Mamamia acknowledges the traditional owners of the land on which we have recorded this podcast.Become a Mamamia subscriber: https://www.mamamia.com.au/subscribeSee omnystudio.com/listener for privacy information.

Disclaimer: Today's episode is sponsored by Gelt. Content is for educational purposes only. Not advice. Results discussed have not been vetted. Claims made by the guest have not been verified. The views expressed by the guest do not reflect those of the host or this show.—

In this episode, we explore real estate investing, legal insights, and strategic pivots with expert Brian Boyd, a tax lawyer and seasoned investor. Discover practical tips, industry trends, and how to navigate challenges in real estate.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true 'white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a "mini-mastermind" with Mike and his private clients on an upcoming "Retreat", either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas "Big H Ranch"? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

Most Australians leave money on the table at tax time without realising it. Your phone bill, your internet, your work uniform, the cost of travel between jobs: these are all tax deductions you can actually claim, but only if you know how. In this episode of Money Matters, SBS Hindi host Swati Sharma sits down with registered tax agent Puneet Singh to walk through the deductions you might be missing, the records the ATO wants to see, and the claims that get rejected. In Hindi, ahead of EOFY.Visit SBS Hindi for more episodes of Money Matters, and more news and updates in your language.

The ATO is rolling out an automatic $1,000 tax deduction for millions of Australians, and it sounds like free money until you understand how deductions actually work. Jase has run the maths on what that $1,000 really puts back in your pocket at every tax bracket. Is this just another nice sell from the government, or is the box actually worth ticking? On this episode, we discuss: (00:00) Intro (00:21) The $1,000 Auto Tax Deduction Explained (00:57) Why a Tax Deduction Isn't a Tax Refund (04:09) What You Actually Get Back at Each Tax Bracket (05:29) The 70c Per Hour Work From Home Claim (07:25) Why the Average Aussie Claims $3,500 (08:31) Should the Deduction Be a Sliding Scale? (11:34) Easy Ways to Track Receipts and Kilometres (14:27) Why UK Workers Don't Lodge Tax Returns (16:08) When the $1,000 Deduction Starts (17:03) Super Contribution Cap Rising to $32.5K (19:51) Will the $20K Instant Asset Write-Off Stay? (20:54) Book Your Accountant Before 30 June Check out the free resources from Inovayt here. Send us an email: hello@thenumbersgamepodcast.com.au The Numbers Game is brought to you by Future Advisory & Inovayt. Hosts:Nick ReillyJason Robinson This podcast is produced by VIDPOD. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Send us Fan MailThat desk, laptop, or company vehicle might affect your taxes more than you think. Get clear on how these items should be handled in your bookkeeping.Many business owners buy equipment without knowing whether it should be depreciated over time, written off with Section 179, or treated as a smaller expense under de minimis rules. Those choices can impact taxes, bookkeeping accuracy, and how clearly you understand your business finances. In this episode, our favorite Bookkeeping Mensch, Paul Rosenblum, breaks down these three key concepts in plain English and explains why business owners should talk with their tax preparer now that things are a bit calmer post tax season. This episode could save you money and reduce confusion.Links: NOLO: IRS De Minimis Rule for Deducting Business Property: https://www.nolo.com/legal-encyclopedia/new-irs-de-minimis-rule-deducting-business-property.html#:~:text=BasicallyQuickbooks Small business tax deductions cheat sheet: chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://digitalasset.intuit.com/render/content/dam/intuit/sbseg/en_us/Blog/Downloadable-assset/Checklist/small-business-tax-deductions-checklist-us-en.pdfIndeed, What Is the Definition of De Minimis in Business? https://www.indeed.com/hire/c/info/de-minimisSupport the show

Financial Planner Luke Smith joined 2CC Talking Canberra in Money Matters, that aired live on Friday 1 May 2026. The topic is: Tax deductions, superannuation and 30 June 2026. What should you be thinking about from a financial, tax and retirement planning perspective as we approach the end of financial year? The secret to good […]

#ThisMorning | What the New #Senior #Tax #Deduction Means for Your #Taxes | Dan Caplinger, The Motley Fool | #Tunein: broadcastretirementnetwork.com #Aging, #Finance, #Lifestyle, #Privacy, #Retirement, #wellness

Overtime - it can come with a love hate relationship. When the nitty gritty tax season creeps up on you, the tax rules can get mixed up with overtime. What happens when you mess up on your overtime tax deduction ESPECIALLY as a CPA? This is my advice!If you owe the IRS at least $10,000 in back taxes or have multiple years of unfiled returns you need filed, book a free consultation here: https://choicetaxrelief.com/free-tax-...

Energy stocks lag, as oil prices remained volatile around supply concerns in the Strait of Hormuz, even as petrol prices eased, though still well above last year's levels. Market analyst Evan Lucas unpacks what it all means for households and investors, as attention also turns to the federal government's new $1,000 instant tax deduction set to benefit more than six million workers. Mark Chapman from H&R Block explains who gains from that, how it works, and when the savings will flow through.

Energy stocks lag, as oil prices remained volatile around supply concerns in the Strait of Hormuz, even as petrol prices eased, though still well above last year's levels. Market analyst Evan Lucas unpacks what it all means for households and investors, as attention also turns to the federal government's new $1,000 instant tax deduction set to benefit more than six million workers. Mark Chapman from H&R Block explains who gains from that, how it works, and when the savings will flow through.

In this episode, Zeona McIntyre shares her journey from Airbnb host to real estate investor, focusing on creative financing, short-term and midterm rentals, and strategies for W2 employees to maximize tax benefits and build wealth.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true 'white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a "mini-mastermind" with Mike and his private clients on an upcoming "Retreat", either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas "Big H Ranch"? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

Better late than never when it comes to keeping more of what you earn. In this episode, our good friend and Rich Dad CPA Tom Wheelwright, bestselling author of Tax-Free Wealth and other books on tax strategy, walks through some of the last-minute tax deductions that are still on the table right now, along with how to start thinking about tax planning in a way that helps you keep more of what you earn year after year. Since 1997, The Real Estate Guys™ radio show features real estate investing ideas, strategies, interviews, and all kinds of valuable resources. Visit our Special Reports Library under Resources at RealEstateGuysRadio.com

This strategy turned land into a 3.5 million dollar tax deduction, and most landowners are completely missing it. Companies like Bird Dog are helping landowners unlock it. In this episode of the Landowner Insider Podcast, we sit down with the team behind Bird Dog, a land intelligence platform built to help landowners turn their property into a high-performing financial asset. Kasey Mock breaks down how modern landowners are transforming property from a passive asset into a powerful wealth-building tool. Most landowners do not realize how many opportunities exist on their land. Bird Dog is changing that by combining technology, data, and relationships to help owners discover new ways to generate income, reduce costs, and optimize long-term value. In this episode, we cover how Bird Dog helped uncover a strategy that led to a 3.5 million dollar tax deduction, why holding land is costing more people than they realize, multiple ways to monetize land beyond traditional ranching or farming, how Bird Dog connects landowners to income streams like hunting, leasing, and agricultural use, how data and relationships help landowners make smarter decisions, and what separates landowners who profit from those who simply hold. If you own land or are planning to own acreage, this episode will show you how platforms like Bird Dog are redefining what is possible.

Gluten free packaged food is more expensive than its gluten-full counterparts, there's no secret about that. Did you know you might be eligible for a tax deduction to help make up the difference?There are some important things you should know before you start celebrating, listen for the criteria for deductions. Here's even more detail from the IRS: https://www.irs.gov/publications/p502I would love to hear from you! Leave your messages for Andrea at contact@baltimoreglutenfree.com and check out www.baltimoreglutenfree.comInstagramFacebookGluten Free College 101Website: www.glutenfreecollege.comFacebook: http://www.Facebook.com/Glutenfreecollege Hosted on Acast. See acast.com/privacy for more information.

In this episode, real estate CPA Ana Garcia shares expert insights on how investors can optimize their tax strategies, avoid common mistakes, and structure their investments for maximum tax benefits. Learn practical tips on entity selection, depreciation, cost segregation, and proactive planning to keep more of your earnings.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true 'white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a "mini-mastermind" with Mike and his private clients on an upcoming "Retreat", either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas "Big H Ranch"? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

In this week’s episode of Today with Dr. Wendy, Wendy Patrick and co-host Larry Dershem welcome Carole Lieberman, widely known as “America’s Psychiatrist,” for an in-depth discussion of the recent 8–1 U.S. Supreme Court decision involving LGBTQ+ conversion therapy restrictions and the overturning of Colorado’s law on the issue. Dr. Lieberman also shares her unique perspective as “The Terrorist Therapist,” offering expert insight into how to recognize and avoid becoming a target of terror—both physically and psychologically. Learn more at https://terroristtherapist.com/ In the second half of the show, Larry sits down with financial expert and TV personality Tracy Byrnes to discuss her hot-off-the-press new book, Deduct Everything! From tax tips and legal write-offs to credits and overlooked loopholes, this conversation is packed with practical advice for anyone still finishing this year’s return—or already planning ahead for next tax season. Learn more about her book at https://tracybyrneswealth.com/deduct-everything/ Whether you’re interested in current legal debates, personal safety, or smart tax strategies, this episode delivers timely insight and expert advice you won’t want to miss.See omnystudio.com/listener for privacy information.

The Hidden Mechanics of Law Firm Tax Deductions U.S. law firm owner doing $300k–$2M/year? Get a free Law Firm Profit & Tax Checkup where I review your books and tax setup and highlight a few ways similar firms are keeping more of what they earn. Book your checkup here: https://bigbirdaccounting.com

Tax season is here, and we're breaking down key strategies you need to know RIGHT NOW.In this episode of MX3 Podcast, we dive into:- The Augusta Rule and how it really works- Schedule C vs Schedule F explained in simple terms- The realities of farming, ranching, and government subsidies- Why self-employment taxes can catch people off guard- How to properly prepare before starting a businessIf you're earning income outside of a W-2 or thinking about starting a business, this episode could save you money and headaches.We believe in money, motivation, and taking action—and this episode is all about helping you level up your financial understanding.

Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! How about a candid and lighthearted vent about the hidden frustration bookkeepers face when small business owners don't communicate or engage with their bookkeeping, financial reports, and business finances? It's time for our favorite Bookkeeping Mensch, Paul Rosenblum, to share real situations, from miscategorized transactions to years of ignored reports, to show how poor communication leads to errors, delays, and disconnect between bookkeepers, accountants, and clients. He hopes that for you this can be a humorous reminder to stay involved, ask questions, and treat bookkeeping as an ongoing partnership that helps you make better financial decisions.Support the show

Dr. Friday uses a St. Patrick’s Day message to remind taxpayers to review all available deductions. She encourages filers to stay current with changing tax law and claim what they are entitled to. Transcript G’day, I’m Dr. Friday, president of Dr. Friday’s Tax and Financial Firm. To get more info, go to www.drfriday.com. This is a one-minute moment. Happy St. Patrick’s Day. Hopefully you’re going to enjoy something green, maybe even putting more green in your pocket by doing your taxes and saving tax dollars. What a great way to celebrate St. Patrick’s Day. You might not think so, but I would think it’s a great way to put more money in your pocket. One way to do that is to make sure you have taken all of your tax deductions. Tax laws are changing all the time. Make sure that you understand what you are entitled to and what’s available to you. If you need help filing taxes, just call our office at 615-367-0819, or you can send a message right through the internet at drfriday.com. You can catch the Dr. Friday Call-in Show live every Saturday afternoon from 2 to 3 p.m. right here on 99.7 WTN.

Welcome to the ENT! What are some of the tax benefits of motion picture product used by some of the most successful families? Nathan Merrill is an expert at creating tax equity. In this episode, Nate teaches us about movies. In the US Tax Code, Section 181, a movie producer is afforded significant tax breaks. They must be in the business of movie production, but the costs can offset income from any source, making it appealing for business owners with significant income. Make sure to stay all the way through the end when Nate discusses some of the cons and shortcomings in addition to all these tax benefits. As always, it is good to have an expert on your side. —  The Expert Network Team provides a free consultation. TODAY's GUEST and HOST: Nathan Merrill Legal Expert Goodspeed, Merrill (720) 473-7644nmerrill@goodspeedmerrill.com www.goodspeedmerrill.com Karl Frank CERTIFIED FINANCIAL PLANNER™ A&I Wealth Management (303) 690.5070karl@assetsandincome.com   A&I Wealth Management and Geneos Wealth Management, Inc. do not provide tax or legal services. Advanced tax and investment strategies involve risk including the potential loss of principal and may not be suitable for all investors. Past performance does not guarantee future results. Expert Network team provides free consultations. Just mention that you listened to the podcast. Nathan Merrill, attorneyWorking with affluent families and entrepreneurs in implementing tax-efficient strategies and wealth preservationGoodspeed, Merrill(720) 473-7644nmerrill@goodspeedmerrill.comTaylor Smith, attorneyHelping affluent families build their legacy through complex estate planningGoodspeed Merrill(720) 512-2008tsmith@goodspeedmerrill.comwww.goodspeedmerrill.com Jeff Krommendyk, Insurance ExpertWorking with business owners and successful families in transferring riskOne Digital Insurance Agency(303) 730-2327jeff.krommendyk@onedigital.comKarl FrankFinancial planner helping a small number of successful families grow and protect their wealth and choose how they want to be taxedCERTIFIED FINANCIAL PLANNER™A&I Wealth Management(303) 690.5070karl@assetsandincome.comWebcasts, Podcasts, Streaming Video, Streaming AudioA&I webcasts, podcasts, streaming video, or streaming audios are provided free of charge solely for use by individuals for personal, noncommercial uses, and may be downloaded for such uses only, provided that the content is not edited or modified in any way and provided that all copyright and other notices are not erased or deleted.All webcasts, podcasts, streaming video, or streaming audios are subject to and protected by U.S. and international copyright laws and may not be sold, edited, modified, used to create new works, redistributed or used for the purpose of promoting, advertising, endorsing or implying a connection with A&I.A&I reserves the right, at any time and for any reason, to stop offering webcasts, podcasts, streaming video, or streaming audios and to stop access to or use of webcasts, podcasts, streaming video, or streaming audio and any content contained therein A&I shall not be liable for any loss or damage suffered as a result of, or connected with, the downloading or use of the webcasts, podcasts, streaming video, or streaming audios.A&I Wealth Management is a registered investment adviser that only conducts business in jurisdictions where it is properly registered, or is excluded or exempted from registration requirements. Registration as an investment adviser is not an endorsement of the firm by securities regulators and does not mean the adviser has achieved a specific level of skill or ability. The firm is not engaged in the practice of law or accounting.The information presented is believed to be current. It should not be viewed as personalized investment advice. All expressions of opinion reflect the judgment of the presenter on the date of the podcast and are subject to change. The information presented is not an offer to buy or sell, or a solicitation of any offer to buy or sell, any of the securities discussed. You should consult with a professional adviser before implementing any of the strategies discussed. Any legal or tax information provided in this podcast is general in nature. Always consult an attorney or tax professional regarding your specific legal or tax situation.

In this episode, Catrina Craft shares overlooked tax strategies that entrepreneurs often miss, including entity stacking, income shifting, and leveraging family offices to build long-term wealth. Discover how to maximize your tax benefits and grow your business effectively.Welcome back to the show, Catrina! Head to the bottom of the episode description to stay current in on tax savings and tips. As You Listen00:00 Introduction and Series Overview 01:11 The Difference Between a CPA and a Tax Strategist 02:18 Stop the Simple Strategies: Beyond Basic S-Corp Filing 04:13 Entity Stacking: Using C-Corp and S-Corp for Tax Flexibility 05:12 Income Shifting: Family Members and Business Support 07:06 Stop Chasing Revenue: Invest in Wealth-Building Assets 08:57 Investing in Film Production for Tax Deductions 10:15 Using Real Estate and Oil & Gas for Tax Savings 11:29 Recap of Entity Strategies and Their Benefits 13:40 The Power of Family Management Offices 16:30 Personal Story: Overcoming Financial Challenges 18:27 Working with the Right People and Building Wealth 19:34 Teaser for Next Episode and Final Thoughts 20:09 Where to Find Katrina Kraft Online 

Say the word "taxes" out loud. Did your shoulders just clench? Yeah. That's not an accident. In this episode, I sit down with Hannah Cole — artist, tax expert, author of Taxes for Humans, and founder of Sunlight Tax — to talk about why the tax industry profits from keeping you afraid, and what you can actually do about it. Hannah breaks down the three main IRA options available to self-employed women in plain, clear language that finally makes it click. She talks about why creatives, women, and anyone who doesn't fit the traditional financial mold has been left out of this conversation on purpose — and how that changes when you have access to someone who sounds like your best friend instead of a shaming accountant. This is one of those conversations that will make you exhale. Because the tax system isn't as scary as you've been led to believe. And the tools available to you are far more powerful than most people realize. If you've ever felt like money — or taxes — weren't meant for someone like you, this episode is going to change that.   WHAT YOU'LL LEARN Why the tax industry's marketing mechanism is fear — and how to stop falling for it Why nobody gets a tax education in this country (and why that's not your fault) The real difference between a Traditional IRA, Roth IRA, and SEP IRA in plain language Why creativity is a synonym for resourcefulness when it comes to money How to start thinking of money and taxes as a tool that works for you instead of against you   FREE GIFT FROM HANNAH COLE Download Hannah's Free Visual Guide to Tax Deductions here: https://www.sunlighttax.com/deductionsguide CONNECT WITH HANNAH COLE Website: https://www.sunlighttax.com Instagram: https://www.instagram.com/sunlighttax LinkedIn: https://www.linkedin.com/in/hannah-cole-3775561/   ABOUT HANNAH COLE Hannah Cole is an artist, tax expert, author of Taxes for Humans [link: https://amzn.to/4a2Mu9m ], and founder of Sunlight Tax. She specializes in educating entrepreneurs and creative professionals in taxes and financial empowerment. A long-time working artist with a high-level exhibition history, Hannah is a frequent speaker on stages and podcasts, a money columnist for the art blog Hyperallergic, and the host of a global top 2% podcast, the Sunlight Tax Podcast. Her company, Sunlight Tax, specializes in friendly, informative tax education for self-employed people with big visions, and engaging, savvy tax education workshops for creative groups.   READY TO BUILD YOUR CONFIDENCE? Book a free 15-min call with Sarah to talk about where you are in your business and see if working together feels right. Schedule here: https://app.acuityscheduling.com/schedule.php?owner=13047670&appointmentType=34706781   FREE GIFT FROM SARAH Get Sarah's Freedom Calculator and discover how much your business needs to make to finally be free. Download at https://sarahwalton.com/freedom   LEARN FROM SARAH Explore Sarah's online courses and free resources to start building your business with confidence. Online Courses: https://sarahwalton.com/online-courses Free Resources: https://sarahwalton.com/free-resources   CONNECT WITH SARAH Website: https://sarahwalton.com/podcast YouTube: https://www.youtube.com/@TheSarahWalton Instagram: https://instagram.com/thesarahwalton   ABOUT SARAH WALTON Sarah Walton is a business coach, podcast host, and mentor who helps women entrepreneurs build businesses they love. She's the creator of the Abundance Academy, Effortless Sales, and the Game On Girlfriend® podcast. Sarah's mission is to put more money in the hands of more women while teaching authentic, heart-centered business strategies.   RELATED GAME ON GIRLFRIEND® EPISODES YOU'LL LOVE Episode 230: You Deserve the Money with Bookkeeper Ashley Chamberlain  — https://sarahwalton.com/bookkeeping-for-women/ Episode 227: How to Clear a Money Fog with Mikelann Valterra  — https://sarahwalton.com/clear-money-fog/  Episode 95: When Your Life Falls Apart Because of Money with Michelle Arpin Begina  — https://sarahwalton.com/michelle/   LOVE THE SHOW? LEAVE US A REVIEW! Thank you so much for listening. I'm honored that you're here and would be grateful if you could leave a quick review on Apple Podcasts by clicking here, scrolling to the bottom, and clicking "Write a review." Your reviews help other women entrepreneurs find the show and get the support they need to build businesses they love. Thank you for being part of the Game On Girlfriend® community! (If you're not sure how to leave a review, you can watch this quick tutorial.)  

In this week's episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz answer your questions!---

Discover some of the best tax deductions. Are you on track for financial freedom...or not? Financial freedom is a combination of money, compounding and time (my McT Formula). How well you invest can make the biggest difference to your financial freedom and lifestyle. If you invested well for the long-term, what a difference it would make because the difference between investing $100k and earning 5 percent or 10 percent on your money over 30 years, is the difference between it growing to $432,194 or $1,744,940, an increase of over $1.3 million dollars. Your compounding rate, and how well you invest, matters!  INVESTING IS WHAT THE BE WEALTHY & SMART VIP EXPERIENCE IS ALL ABOUT - Invest in digital assets and stock ETFs for potential high compounding rates - Receive an Asset Allocation model with ticker symbols and what % to invest -Monthly LIVE investment webinars with Linda 10 months per year, with Q & A -Private VIP Facebook group with daily community interaction -Weekly investment commentary -Extra educational wealth classes available -Pay once, have lifetime access! NO recurring membership fees. -US and foreign investors are welcome -No minimum $ amount to invest -Tech Team available for digital assets (for hire per hour) For a limited time, enjoy a 50% savings on my private investing group, the Be Wealthy & Smart VIP Experience. Pay once and enjoy lifetime access without any recurring fees. Enter "SAVE50" to save 50%here: http://tinyurl.com/InvestingVIP Or set up a complimentary conversation to answer your questions about the Be Wealthy & Smart VIP Experience. Request an appointment to talk with Linda here: https://tinyurl.com/TalkWithLinda (yes, you talk to Linda!). SUBSCRIBE TO BE WEALTHY & SMART Click Here to Subscribe Via iTunes Click Here to Subscribe Via Stitcher on an Android Device Click Here to Subscribe Via RSS Feed LINDA'S WEALTH BOOKS 1. Get my book, "3 Steps to Quantum Wealth: The Wealth Heiress' Guide to Financial Freedom by Investing in Cryptocurrencies". 2. Get my book, "You're Already a Wealth Heiress, Now Think and Act Like One: 6 Practical Steps to Make It a Reality Now!" Men love it too! After all, you are Wealth Heirs. :) International buyers (if you live outside of the US) get my book here. WANT MORE FROM LINDA? Check out her programs. Join her on Instagram. WEALTH LIBRARY OF PODCASTS Listen to the full wealth library of podcasts from the beginning.  SPECIAL DEALS #Ad Apply for a Gemini credit card and get FREE XRP back (or any crypto you choose) when you use the card. Charge $3000 in first 90 days and earn $200 in crypto rewards when you use this link to apply and are approved: https://tinyurl.com/geminixrp This is a credit card, NOT a debit card. There are great rewards. Set your choice to EARN FREE XRP! #Ad Protect yourself online with a Virtual Private Network (VPN). Get 3 MONTHS FREE when you sign up for a NORD VPN plan here.  #Ad To safely and securely store crypto, I recommend using a Tangem wallet. Get a 10% discount when you purchase here. #Ad If you are looking to simplify your crypto tax reporting, use Koinly. It is highly recommended and so easy for tax reporting. You can save $20, click here. Be Wealthy & Smart,™ is a personal finance show with self-made millionaire Linda P. Jones, America's Wealth Mentor.™ Learn simple steps that make a big difference to your financial freedom.  (This post contains affiliate links. If you click on a link and make a purchase, I may receive a commission. There is no additional cost to you.)  

I know a lot of you are working on your taxes now, and so this episode is going to be a whole load of possibly forgotten tax deductions that may apply to you. Now, I'm not giving you accounting advice. I'm not qualified to do so. But I want you to think about these things and then bring them up with your tax professional if they apply to you. And a lot of CPAs just do the standard stuff to get you off their back at 100 or 200 bucks an hour, and they're not very aggressive to figure out all the potential deductions you could get. So it's up to you to find the ones that apply to you, and tell your accountant about them and keep track of the expenses that you spent on. Launch Team - https://www.ScrewTheCommute.com/launchteam Please watch this short trailer to the end and leave a comment - https://www.facebook.com/AmericanEntrepreneurFilm/videos/558575401181955 Most Common Tax Deductions - https://www.score.org/resource/article/10-most-common-tax-deductions-small-businesses-might-miss Screw The Commute Podcast Show Notes Episode 1086 How To Automate Your Business - https://screwthecommute.com/automatefree/ Internet Marketing Training Center - https://imtcva.org/ Higher Education Webinar – https://screwthecommute.com/webinars See Tom's Stuff – https://linktr.ee/antionandassociates 00:23 Tom's introduction to Forgotten Tax Deductions 02:40 Business startup costs, bad debt, home office, health insurance 04:53 Charitable mileage, student loan interest, moving expenses 06:42 Stop smoking classes, alcohol and drug rehab classes, fertility clinics 07:51 There are far more than these, so use Google to search for others Entrepreneurial Resources Mentioned in This Podcast Higher Education Webinar - https://screwthecommute.com/webinars Screw The Commute - https://screwthecommute.com/ Screw The Commute Podcast App - https://screwthecommute.com/app/ Screw The Commute Podcast Producer - https://screwthecommute.com/larryguerrera/ College Ripoff Quiz - https://imtcva.org/quiz Know a young person for our Youth Episode Series? Send an email to Tom! - orders@antion.com Have a Roku box? Find Tom's Public Speaking Channel there! - https://channelstore.roku.com/details/267358/the-public-speaking-channel How To Automate Your Business - https://screwthecommute.com/automatefree/ Internet Marketing Retreat and Joint Venture Program - https://greatinternetmarketingtraining.com/ This is the shopping cart system Tom uses! Kartra - https://screwthecommute.com/kartra/ Copywriting901 - https://copywriting901.com/ Become a Great Podcast Guest - https://screwthecommute.com/greatpodcastguest Training - https://screwthecommute.com/training Disabilities Page - https://imtcva.org/disabilities/ Tom's Patreon Page - https://screwthecommute.com/patreon/ Tom on TikTok - https://tiktok.com/@digitalmultimillionaire/ Email Tom: Tom@ScrewTheCommute.com Internet Marketing Training Center - https://imtcva.org/ Related Episodes Five AI Hacks - https://screwthecommute.com/1085/ More Entrepreneurial Resources for Home Based Business, Lifestyle Business, Passive Income, Professional Speaking and Online Business I discovered a great new headline / subject line / subheading generator that will actually analyze which headlines and subject lines are best for your market. I negotiated a deal with the developer of this revolutionary and inexpensive software. Oh, and it's good on Mac and PC. Go here: http://jvz1.com/c/41743/183906 The Wordpress Ecourse. Learn how to Make World Class Websites for $20 or less. https://screwthecommute.com/wordpressecourse/

What if 90% of what you're already spending could become a business deduction? In this episode of Life Changing Money, Barbara breaks down what it really means to “write off your life” and why it's one of the most powerful wealth-building tools available to business owners. If you're an entrepreneur, you are taxed on your profits, not your revenue. That means the goal isn't to make less money. The goal is to strategically lower your taxable income so you keep more of what you earn. Yet so many business owners wait until April to think about taxes… and by then, it's too late. Barbara debunks common myths around audits, loans, business valuations, and “not making enough to need strategy.” She explains why proactive tax planning (not reactive tax filing) is the real key to building wealth and creating freedom. Tune in to hear: Why business owners are only taxed on profits — and how to use that to your advantage The biggest myths keeping entrepreneurs from maximizing write-offs How to legally turn travel, board meetings, and even holiday trips into deductions Creative (and compliant) ways to write off meals, phones, home offices, and more Why most CPAs are reactive — and what that could be costing you The real audit statistics that might surprise you Why waiting until tax season guarantees you're overpaying How strategic write-offs can help fund major life goals like buying a home or adopting a child The mindset shifts that will help you stop fearing taxes and start planning proactively Sign up for the FREE Write Off Your Life Masterclass happening February 26th: https://taxedacademy.com/woyl-mc How To Get Involved: Life-Changing Money is a podcast all about money. We share stories of how money has impacted and radically changed the lives of others—and how it can do the same for you. Your host, Barbara Schreihans (pronounced ShREE-hands) is the founder and CEO of Your Tax Coach, and the creator of the Write Off Your Life Course. She is a top tax strategist, business coach, and expert in helping business owners and high-net-worth individuals save millions in taxes while increasing profits. When she's not leading her team, coaching clients, or dreaming up new goals for her company, you can find her drinking coffee, hanging out with her family, and traveling the world. Grab a cup of coffee and become inspired as we hear from those who have overcome and are overcoming their self-limiting beliefs and money mindsets! Do you have a burning question that you'd love to hear answered on a future show? Please email it to: podcast@yourtaxcoach.biz Sign Up For Our Newsletter Life Changing Money Podcast Get Tax Help!

In South Africa, high earners face a 45% marginal rate with limited deductions, making Section 12B of the Income Tax Act a powerful tool to ease the tax burden while investing in renewable energy. In an interview with Biznews, Mitchel Fieldgate, wealth manager and alternative investment lead at Pangea Wealth, revealed they have facilitated R1 billion in deductions over the last two years. He noted that while this provides relief for high earners, it has also mobilised billions into commercial solar projects, reducing reliance on Eskom and alleviated load shedding. Fieldgate explained who might not benefit from the tax relief, clarified that it is not a tax loophole, and stressed that the 12B opportunities are not a one-size-fits-all solution. He suggested the government introduce similar tax breaks for repairing other infrastructure, such as water systems or roads, “because it mobilises money and there's no leakage.”

Joshua and Amelie break down the basics of tax deductions and tax credits, offering a simple, high‑level overview to help listeners understand how these tools may reduce their tax bill. Top takeaways: Tax deductions and tax credits both help you pay less in taxes, but they work differently Tax credits offer a dollar‑for‑dollar reduction in your taxes owed— the government treats you as if you paid that amount in taxes. Tax deductions reduce the amount of income the IRS considers taxable. The value of a deduction depends on your tax bracket; higher‑income earners generally benefit more because of progressive tax rates In some cases, you can choose between claiming something as a tax credit or a tax deduction When comparing “above the line” and “below the line” deductions, the “line” refers to your Adjusted Gross Income (AGI). Above the line deductions (adjustments to income) reduce your AGI, which can affect eligibility for certain benefits and credits. Common above the line deductions include retirement contributions (like 401(k)s) and legitimate business expenses Below the line deductions are taken as either the standard deduction or itemized deductions (such as charitable giving or state taxes) MAGI (Modified AGI) is used throughout the tax code, but calculating it can be complex and varies by program — tax professionals handle this best A tax professional can sometimes help you legally shift deductions from below the line to above the line Nearly everyone can benefit from working with a qualified tax professional Many valuable tax credits exist for people with low income, but they're often missed when taxes aren't filed or are filed incorrectly The Earned Income Tax Credit (EITC) is widely under‑claimed; most eligible households never receive it. For families with children, the EITC can average around $3,000 — far more than the cost of basic tax preparation. Check out AICPA's Guide on How to Choose a CPA Look for tax professionals with one of these credentials: Certified Public Accountant (CPA), Enrolled Agent (EA), or Tax Attorney

Host and American Family Farmer, Doug Stephan www.eastleighfarm.com shares the biggest news affecting family farmers, starting with tax deductions farmers can use before filing. There are ways of deducting land, and how much depending on renting vs ownership and if you live on the land or not. If you're a livestock producer, feed is a sizable write off and crop farmers can write off seeds and seedlings. Equipment repairs and depreciation can also be deductibles, along with fencing and whatever other farming equipment you have. Then, focus shifts to the Asian Longhorn Tick, a major threat to U.S. farmers because it reproduces rapidly without mating, forming massive infestations that cause severe stress, blood loss, and death in livestock. Lastly, Doug addresses the California push to save the wolves, but the success has caused chaos for farmers and ranchers in Northern California. The return of gray wolves to California after a century-long absence has brought serious challenges. While many—especially in urban areas—celebrated the wolves' comeback as a conservation win, the growing population, now estimated at roughly 50 to 70 animals, has led to increasing and sometimes devastating livestock losses that threaten ranchers' livelihoods.Website: AmericanFamilyFarmerShow.com Social Media: @GoodDayNetworks

The biggest difference between wealthy business owners and everyone else isn't how much they make, it's how they structure their spending.In this episode of Life Changing Money, Barbara breaks down how strategic spending, not last-minute scrambling, is what actually creates massive tax savings and long-term wealth. From writing off luxury vehicles like G-Wagons to turning girls' trips into legitimate business deductions, this episode pulls back the curtain on the strategies high earners use all year long (not just in April).You'll also learn how business owners legally write off domestic and international trips including retreats, girls' weekends, wine trips, wellness getaways, masterminds, and even milestone birthday trips. Barbara explains the 50% rule for domestic travel, the 75% rule for international trips, and how travel days, meetings, photoshoots, content creation, and board meetings all count.If you want 2026 to be the year you stop overpaying in taxes and start playing the game the wealthy already understand, this episode is a must-listen.Tune in to hear:Why income level has nothing to do with who builds real wealthHow wealthy business owners plan tax strategies all year — not in AprilWhy online business owners absolutely qualify for business vehiclesThe truth about mileage vs. actual vehicle expensesHow bonus depreciation works for vehicles over 6,000 poundsWhy G-Wagons, Escalades, trucks, and luxury SUVs are popular tax toolsThe five-year rule that lets you move a business car to personal use tax-freeHow financing a vehicle doesn't stop you from writing off 100% of itHow to legally write off domestic trips using the 50% ruleHow international trips qualify with the 75% business-use ruleWhy travel days automatically count as business daysHow photoshoots, meetings, and content days turn trips into deductionsHow girls' trips, wine weekends, and wellness retreats can be written offWhy wealthy entrepreneurs see spending as strategy — not splurgingHow to stop relying on your CPA and start proactively saving on taxesJoin the Write Off Your Life Masterclass:How To Get Involved:Life-Changing Money is a podcast all about money. We share stories of how money has impacted and radically changed the lives of others—and how it can do the same for you.Your host, Barbara Schreihans (pronounced ShREE-hands) is the founder and CEO of Your Tax Coach, and the creator of the Write Off Your Life Course. She is a top tax strategist, business coach, and expert in helping business owners and high-net-worth individuals save millions in taxes while increasing profits.When she's not leading her team, coaching clients, or dreaming up new goals for her company, you can find her drinking coffee, hanging out with her family, and traveling the world.Grab a cup of coffee and become inspired as we hear from those who have overcome and are overcoming their self-limiting beliefs and money mindsets!Do you have a burning question that you'd love to hear answered on a future show?Please email it to: podcast@yourtaxcoach.bizSign Up For Our NewsletterLife Changing Money PodcastGet Tax Help!

Are you leaving thousands on the table with taxes? What if lowering taxes and saving profit happened at the same time — automatically?In this episode of The Business Ownership Podcast I interviewed Shauna A. Wekherlein. In this episode of the Boss Your Business podcast, we dive deep into the world of tax strategies with our special guest, Shana A. Wekherlein CPA, a renowned tax strategist and expert. Join us as Shana shares her valuable insights and expert advice on how business owners can transform their tax burden into a strategic tax advantage.Discover the power of proactive tax planning and learn how to leverage smart tax strategies to minimize tax liabilities, maximize savings, and ultimately boost your bottom line. Shana's extensive experience and deep understanding of the tax landscape will provide you with practical tips and actionable strategies that you can implement right away.Want to keep more of what your business earns? Learn how Profit First systems, paired with smart tax planning, help business owners pay themselves first, reduce taxes, and build sustainable profit. Shauna shares how the Cash Goblin app automates it all — making financial management easy. Learn how to reduce taxes & increase profit and savings. Check this out!Cash Goblin App: https://www.cashgoblin.com/Tax Goddess Website: https://taxgoddess.com/growth-team/Shauna on LinkedIn: (1) Shauna A. Wekherlien | LinkedInBook a call with Michelle: https://go.appointmentcore.com/book/IcFD4cGJoin our Facebook group for business owners to get help or help other business owners!The Business Ownership Group - Secrets to Scaling: https://www.facebook.com/groups/businessownershipsecretstoscalingLooking to scale your business? Get free gifts here to help you on your way: https://www.awarenessstrategies.com/  

In this episode, you'll learn the advanced tax strategies that real estate investors use to save big money every year. We break down how legal fees, travel costs, insurance, and even family payroll can turn into real tax savings. You'll hear real examples that show how simple money decisions can protect your rental properties and lower your tax bill. We also talk about smart strategies for tax planning that help you keep more cash and build long-term wealth. These are the same moves used by top investors, and now you can use them too. If you want finance advice that actually helps you grow, you're in the right place. Listen now so you don't miss the tax tips that could save you thousands.   Next Steps:

This episode breaks down the four biggest tax deductions that help rental property owners save real money fast. You'll learn how depreciation, repairs, mortgage interest, and a home office can create major tax savings and boost your cash flow. We walk through simple tax strategies that many CPAs skip, and you'll understand how these deductions support wealth planning and smart money decisions. If you want clear finance advice, tax tips you can actually use, and a better way to grow your real estate profits, this episode will help you see what's possible. These tax savings can help you keep more cash, buy more properties, and build long-term wealth. Listen now so you don't miss deductions that could save you thousands this year.   Next Steps:

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 1904: Josh Bauerle breaks down how entrepreneurs can legally and strategically maximize their tax deductions by understanding the IRS's definitions of “ordinary” and “necessary” expenses. With real-world examples, like a wine bar owner's surprising nose job write-off, he shows how expanding into multiple industries can open doors to more deductions while staying compliant. Read along with the original article(s) here: https://www.eofire.com/taking-tax-deductions-deserve-entrepreneur/ Quotes to ponder: "A business expense is an ordinary and necessary expense that was paid or incurred during the taxable year in carrying on a business activity." "Anything you spend money on could be a tax deduction if you can find a way to relate it to your business or industry." "The IRS is the master when it comes to being vague." Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 1904: Josh Bauerle breaks down how entrepreneurs can legally and strategically maximize their tax deductions by understanding the IRS's definitions of "ordinary" and "necessary" expenses. With real-world examples, like a wine bar owner's surprising nose job write-off, he shows how expanding into multiple industries can open doors to more deductions while staying compliant. Read along with the original article(s) here: https://www.eofire.com/taking-tax-deductions-deserve-entrepreneur/ Quotes to ponder: "A business expense is an ordinary and necessary expense that was paid or incurred during the taxable year in carrying on a business activity." "Anything you spend money on could be a tax deduction if you can find a way to relate it to your business or industry." "The IRS is the master when it comes to being vague."  

In this episode, host Shawn Terrell delves into the One Big Beautiful Bill Act and its implications for those over 65. It highlights the $6,000 tax deduction available via OBBBA to individuals 65 and older, the implications for Social Security taxation, and the potential for strategic tax planning.--------------------------------Chapters00:00:00 Introduction to the One Big Beautiful Bill Act00:01:42 Exploring the Tax Deduction for Seniors00:03:16 Understanding the $6,000 Deduction00:04:41 Phasing Out and Expiry of the Deduction00:06:15 Strategic Tax Planning and Conclusion---------------------------------Episode Resource:https://tr.ee/zIM4M4 ----------------------------------Meet with Dentist Exit Planning Advisor:Schedule Discovery Meeting-----------------------------------About Dentist Exit Planning:Website: dentistexit.comFacebook Group for DentistsYouTubeInstagramLinkedInSign-Up for Dentist Exit Email NewsletterEmail Shawn at: shawn@dentistexit.com

Jeff Kowal and Aaron Spitzner discuss tax items in the big beautiful bill act including senior deductions and social security. Then Aaron touches on Trump accounts and how you can utilize them for your child. Later Jeff shares mistakes people make when transferring their 401ks to IRAs. Then Aaron and Jeff wrap up the show with estate planning mistakes to avoid.

In the season of giving, we're discussing making charitable contributions in 2025 and 2026. Americans are known for their generous donations to worthy causes, but understanding the best ways to give and maximize your tax benefits is key. This episode covers four effective strategies for making charitable contributions, from utilizing Qualified Charitable Distributions (QCDs) from your retirement accounts to cash donations, gifting highly appreciated stock or real estate, and using donor-advised funds. I also break down recent and upcoming tax law changes that impact your ability to itemize and deduct charitable donations, ensuring you avoid common pitfalls and make the most of your generosity. Whether you're planning a gift this year or thinking ahead, this episode is packed with actionable tips to help you give back and plan for a successful retirement.  You will want to hear this episode if you are interested in... [00:00] Charitable giving and tax benefits. [05:01] Managing qualified charitable distributions. [08:03] Charitable deductions and rules changing in 2026. [13:17] Benefits of donor-advised funds. [16:23] Charitable contributions for tax deductions. Four Smart Strategies for Charitable Giving in 2026 Charitable giving is at the heart of American generosity, with billions donated annually to causes that matter. But did you know your generosity can also be a powerful tool in your tax strategy, especially as rules shift for 2026?  1. Qualified Charitable Distributions (QCDs): Tax Breaks from Your Retirement Account If you're 73 or older and taking required minimum distributions (RMDs) from a traditional IRA, a Qualified Charitable Distribution (QCD) can be a game-changer. Instead of taking your full RMD as income (which is taxable), you can direct some, or all, of it straight to a qualified 501(c)(3) charity. This distributed amount is excluded from your taxable income, potentially lowering your tax bill and even your Medicare premiums. But details matter: The money must transfer directly from your IRA to the charity. You can't touch the funds yourself and then donate. The charity must be a registered 501(c)(3). When you receive your year-end 1099-R tax form, it won't indicate how much was a QCD. You (or your accountant) must reduce your taxable income by the QCD amount and annotate "QCD" on your return. Forgetting to do so can result in unnecessary taxes. By leveraging QCDs, retirees not only support their favorite causes but also make the most of their hard-earned savings. 2. Cash Donations: Navigating Itemizing and New Deduction Thresholds Traditional cash donations are an easy way to support charities and reduce taxes, but the benefits depend on your ability to itemize deductions. Until recently, many households in high-tax states struggled to itemize due to the $10,000 state and local tax (SALT) deduction cap. Big change for 2026 - 2029: The SALT cap jumps to $40,000, making itemizing possible for more people. If your itemized deductions, including mortgage interest, medical expenses, property taxes, and charitable gifts, exceed the standard deduction, your donations can reduce your taxable income. In 2026, a $1,000 per individual (or $2,000 per couple) charitable deduction will be available even if you don't itemize. However, your charitable giving must exceed 1.5% of your adjusted gross income to become deductible, creating a new bar to qualify. Careful timing and documentation of donations can help maximize these new opportunities. 3. Donating Appreciated Assets: Stocks and Real Estate If you're sitting on highly appreciated stocks or real estate, donating them directly to charity can deliver a double tax benefit: You avoid paying capital gains tax on the asset's increase in value, and you can also deduct the current market value of your donation (subject to certain AGI limits: 30% for appreciated assets). To qualify: The asset must have been held for at least one year. For real estate valued above $5,000, an independent appraisal is required. Charities get the full value, and you skip the capital gains tax bill. If your donation exceeds the allowed AGI percent, you can carry the excess deduction forward up to five years. 4. Donor Advised Funds: Flexible Giving, Immediate Deductions A Donor Advised Fund (DAF) is a charitable investment account. You can donate cash, stocks, or other assets now and get an immediate tax deduction, but distribute the funds to your chosen charities later, at your own pace. Why use a DAF? It allows for strategic, larger contributions (helpful in years with unusually high income). You enjoy flexibility in choosing and timing your ultimate beneficiaries. Major brokerages like Fidelity, Schwab, and Vanguard offer DAFs, with differing minimum contributions and low-cost investment options. Keep in mind that there are administrative fees (roughly 0.60% on the first $500,000), but DAFs are simpler and less costly than setting up a private foundation. Smart Giving Starts with Smart Planning As 2026 approaches, take time to review your charitable and tax strategy. Whether using QCDs, cash gifts, appreciated assets, or a donor-advised fund, the tax code changes mean new opportunities, and some fresh requirements. Consult a financial advisor to fit these options to your personal circumstances and maximize the impact of your generosity for both your favorite causes and your family's financial wellbeing. Resources Mentioned Retirement Readiness Review Subscribe to the Retire with Ryan YouTube Channel Download my entire book for FREE  Fidelity Schwab  Vanguard Connect With Morrissey Wealth Management  www.MorrisseyWealthManagement.com/contact   Subscribe to Retire With Ryan

In this episode, Lady Landlords founder, Becky Nova sits with Janelle, a CPA and accounting professor as she explains how real estate investors can legally hire their children to gain tax deductions while teaching them financial literacy and entrepreneurship.Parents can pay their kids tax-free for legitimate, age-appropriate work and even invest their earnings in a Roth IRA for long-term, tax-free growth.She highlights this as a powerful, compliant strategy to build generational wealth and model business ownership early.===

In this episode, Lane and guest tax expert Jack Hollander dive into strategies for offsetting ordinary income through oil and gas investments. They discuss the unique tax benefits, including intangible drilling costs and depletion allowances, and how these can provide significant deductions for high-income earners. The conversation addresses common mistakes with passive losses and real estate professional status, provides insights into how to properly utilize oil and gas investments, and answers questions on minimizing tax liabilities and optimizing portfolio strategies.00:00 Introduction to Tax Deductions in Oil and Gas Investments00:39 Understanding Passive and Ordinary Income01:11 Limitations of Passive Losses02:09 Real Estate Professional Status and Short-Term Rentals02:48 Introduction to Oil and Gas Investments03:02 Misconceptions About Bonus Depreciation06:08 Importance of Consulting Professional Advisors07:42 Basics of Tax Law and Income Buckets12:07 Financial Planning and Investment Considerations13:24 How Oil and Gas Investments Fit into a Portfolio15:23 Tax Benefits of Oil and Gas Investments23:53 Intangible Drilling Costs (IDCs) Explained35:16 Understanding Passive Losses and Tax Benefits35:53 Investment Strategies for Self-Employed Individuals36:33 Navigating Tax Forms and Returns37:27 Managing Investment Expectations38:37 Cash Flow and Tax Savings39:49 Evaluating Oil and Gas Investments41:15 Portfolio Diversification and Tax Planning43:15 Risk Management in Oil and Gas Investments53:09 Using IRAs and Roth Conversions01:03:01 Final Thoughts and Upcoming Events Hosted on Acast. See acast.com/privacy for more information.

In this episode of Dollars & Sense with Joel Garris and Kristin Castello, listeners get a front-row seat to a lively discussion on the latest government updates, major tax changes taking effect in 2025, and the crucial steps needed to prevent costly mistakes with retirement account beneficiaries. The show kicks off with the recent end of the government shutdown, playful banter about holiday travel and food benefits, and a spotlight on the team's annual food and toy drive. Joel and Kristin then break down the most impactful tax changes for the coming year, including a new $6,000 senior deduction, temporary exemptions for tips and overtime, expanded SALT deductions, and a car loan interest write-off. Clear income limits and practical advice make these updates easy to understand, and the hosts share candid insights about who benefits most and how to maximize your savings. The episode's second half zeroes in on retirement planning, focusing on how simple beneficiary mistakes can have dramatic financial consequences. Through real-life stories and actionable solutions, Joel and Kristin guide listeners through the top pitfalls—like neglecting beneficiary forms, naming estates instead of people, skipping contingent beneficiaries, and forgetting spousal waivers on 401(k)s. They emphasize the importance of regularly reviewing forms, keeping financial information organized, and preparing loved ones for the unexpected. Listeners walk away with a checklist of practical tips: review beneficiary forms, never name your estate, list both primary and contingent heirs, complete new paperwork when transferring accounts, and keep spouses and trusts properly documented. The hosts round out the episode with heartfelt marital and financial advice—reminding couples to share knowledge, stay organized, and plan ahead for peace of mind. 

Most people think policy loans mean "borrowing your own money." That's completely wrong, and it's costing them big. In this episode, Mary Jo breaks down exactly how policy loans work inside Infinite Banking and why understanding the difference can change how you build wealth.

It's crunch time for real estate investors — and this is your last chance to take advantage of Rent To Retirement's biggest end-of-year incentives ever!

Most real estate investors are missing out on thousands of dollars in tax savings every year,  simply because they don't know what they can legally write off. Ryan Pineda breaks down the seven essential write-offs every real estate investor should be taking advantage of to keep more money in their pocket and out of the IRS's hands. From depreciation and cost segregation to travel, meals, education, and even home office deductions, Ryan reveals how investors should structure their businesses to pay little to no taxes.Whether you're flipping homes, wholesaling, or building a rental portfolio, this video will show you exactly how to reduce your taxable income, plan ahead for year-end deductions, and reinvest your savings to build long-term wealth. Watch until the end for a simple system that will save you thousands come tax season.Learn how to invest in real estate with the Cashflow 2.0 System! Your business in a box with 1:1 coaching, motivated seller leads, & softwares. https://www.wealthyinvestor.com/Want to work 1:1 with Ryan Pineda? Apply at ryanpineda.comJoin our FREE community, weekly calls, and bible studies for Christian entrepreneurs and business people. https://tentmakers.us/Want to grow your business and network with elite entrepreneurs on world-class golf courses? Apply now to join Mastermind19 – Ryan Pineda's private golf mastermind for high-level founders and dealmakers. www.mastermind19.com--- About Ryan Pineda: Ryan Pineda has been in the real estate industry since 2010 and has invested in over $100,000,000 of real estate. He has completed over 700 flips and wholesales, and he owns over 650 rental units. As an entrepreneur, he has founded seven different businesses that have generated 7-8 figures of revenue. Ryan has amassed over 2 million followers on social media and has generated over 1 billion views online. Starting as a minor league baseball player making less than $2,000 a month, Ryan is now worth over $100 million. He shares his experiences in building wealth and believes that anyone can change their life with real estate investing. ...

Send us a textA single medical bill can wipe out your profits. But health expenses don't have to drain your cash flow. In this episode, you'll learn three powerful ways to turn your medical costs into legitimate tax deductions. From self-employed health insurance and Health Savings Accounts (HSAs) to Section 105 reimbursement plans and employee health benefits, these strategies can help business owners save thousands while staying fully IRS-compliant.

#243: Discover smarter strategies to grow your wealth and create financial flexibility. We dive into when it makes sense to invest beyond retirement accounts, how to access savings early through Roth conversions and 72(t) distributions, ways to reduce taxes with HSAs, tax-advantaged accounts, and charity, and so much more. Michael Kitces is the Head of Planning Strategy at Focus Partners Wealth, co-founder of XYPN and publisher of a continuing education blog for financial planners, Nerd's Eye View. Link to Full Show Notes: https://chrishutchins.com/smarter-savings-retirement-michael-kitces Partner Deals Mercury: Help your business grow with simplified finances Oceans: Best proactive global talent to level up your work and life OpenPhone: 20% off the first 6 months of your own business phone system DeleteMe: 20% off removing your personal info from the web Gelt: Skip the waitlist on personalized tax guidance to maximize your wealth For all the deals, discounts and promo codes from our partners, go to: chrishutchins.com/deals Resources Mentioned Michael Kitces: Website | Focus Partners Wealth | XYPN Blog Posts The Four Phases Of Saving And Investing For Retirement 3 Types Of Retirement And Their Very Different Savings Strategies Supplemental Saving In An HSA For Retiree Medical Expenses IRA Aggregation Rule And Pro-Rata IRA Taxation Effective Backdoor Roth Strategy: Rules, IRS Form 8606 Strategies For Maximizing (Or Minimizing!) Rule 72(t) Early Distribution Payments Systematic Partial Roth Conversions & Recharacterizations 72t Distribution Calculator ATH Podcast Submit questions for AMA Leave a review: Apple Podcasts | Spotify Email for questions, hacks, deals, and feedback: podcast@allthehacks.com Full Show Notes (00:00) Introduction (00:53) Should You Max Out Your Retirement Accounts? (05:08) Investing in Your Career as a High-Return Strategy (09:55) Saving in a Taxable Account vs. Retirement Account (13:40) Tax Advantages of a Retirement Account vs. Brokerage Account (16:19) How to Think About Emergency Savings (18:06) Choosing the Best Retirement Accounts (24:21) Reimbursing Medical Expenses via HSA (27:02) Evaluating the Core Retirement Accounts (29:19) Nuances of the Backdoor Roth IRA (30:53) Traditional vs. Roth IRA (32:12) Why the Majority Shouldn't Worry About Tax Brackets (36:58) Roth Conversions in Low-Income Years (Sabbaticals) (39:52) Consolidating and Managing Old 401(k)s (42:05) Can You Access Retirement Funds via Roth Conversions? (42:44) Why Michael Doesn't Practice Roth Conversions Before Retirement (45:36) The Rules for 72(t) Distributions (48:35) Tackling the Account Sequencing Problem (52:16) Leveraging Charity for Tax Deductions (53:58) What Happens When You Leave Money to Your Kids (1:00:43) Where to Find Michael, His Work and Services Connect with Chris Newsletter | Membership | X | Instagram | LinkedIn Editor's Note: The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post. Learn more about your ad choices. Visit megaphone.fm/adchoices