Podcasts about tax deductions

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

Car deductions are one of the most overclaimed—and most audited—tax items in Australia, and in this Tax Tuesday Wealth Coffee Chat, Daniel McPherson pulls the handbrake on the myths that keep landing people in trouble. From logbooks that don't survive audits to the truth about utes, payload limits, and fringe benefits tax, this episode breaks down exactly what the ATO allows and where people go wrong. You'll hear real case studies of claims that cost thousands, learn the difference between the cents-per-kilometre and logbook methods, and understand why tolls, fuel records, and calendars are now being matched automatically. Whether you're an employee, a tradie, or a business owner buying vehicles through your company, this episode shows how to claim what you're entitled to—without guessing, copying your mate, or ending up in the taxman's firing line.

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/  

January 9, 2026 ~ Mike McInerney, President and Owner of McInerney Chrysler Dodge Jeep and Ram joins Kevin to discuss a federal tax deduction for auto loan interest on American-made vehicles. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

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."  

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.

Why do profitable giants like Apple and Amazon report billions in earnings yet often pay surprisingly low effective tax rates (ETR)? On this episode of Corporate Finance Explained on FinPod, we pull back the curtain on corporate tax strategy, focusing on legal optimization and the strategic levers finance teams use to manage this massive cash outflow. Listen in to learn how taxes are not just a cost, but a manageable and critical strategic function.The Corporate Tax Playbook: 5 Key LeversFinance teams at multinationals use a sophisticated toolkit to legally minimize their ETR, often utilizing government-built policy incentives:Tax Deductions and Credits: Maximizing credits for R&D investment and strategically using accelerated depreciation to generate short-term cash flow benefits.Transfer Pricing: The controversial method of setting internal prices for goods and intellectual property (IP) traded between subsidiaries. The goal is to allocate more profit to low-tax jurisdictions while adhering to the arm's length standard.Holding Structures: Parking high-value assets (like core IP/patents) in subsidiaries based in low-tax jurisdictions (e.g., Ireland, Luxembourg) to have associated royalties taxed at a lower rate.Deferred Tax Assets: Booking tax benefits now that relate to future profits or past losses, providing financial flexibility.Corporate Inversions: The ultimate move of changing a company's legal home to a lower-tax country (largely curtailed by 2017 US regulations).Real-World Pitfalls and Regulatory ChallengesOptimization is a tightrope walk. We examine where legal planning clashes with public opinion and regulatory pressure:Apple and the EC: A stark example of a legal structure being challenged retroactively as illegal state aid by the European Commission, forcing the company to pay back billions.Starbucks in the UK: Faced massive reputational risk and boycotts because of paying almost no corporation tax, despite generating high sales, by using large transfer pricing royalty payments to a Dutch subsidiary.Pfizer and Policy Risk: The company's multi-billion-dollar inversion strategy was instantly killed by a sudden US Treasury change in administrative rules, demonstrating how policy shifts can wreck financial models.Amazon's Strategy: A focus on maximizing R&D deductions and using geographical allocation to book operating costs in high-tax countries while recognizing profit in lower-tax jurisdictions.The Modern Tax Mandate for FinanceThe focus has shifted from mere compliance to strategic resilience. The modern tax mandate requires a global, proactive approach:Align Tax with Business Strategy: The tax structure must support real business activity and have economic substance; structures built purely for tax avoidance are major red flags.Focus on Cash Taxes: Finance must rigorously forecast cash taxes paid out the door, not just the accounting tax expense, as cash flow impacts liquidity and valuation.Rigorous Documentation: Meticulous records and data are the best defense against audits for complex intercompany policies like transfer pricing.Monitor Global Trends (BEPS): Understanding the OECD's BEPS (Base Erosion and Profit Shifting) initiative and the push for a 15% global minimum corporate tax rate is essential, as it fundamentally undermines traditional low-tax strategies.

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.

Can you claim your rent (or mortgage) as a tax deduction? The answer could be yes! But also no. Plus Dan surprises Tim with big news!    Sponsor Offers:  Here Youtube: https://www.youtube.com/@TwoDrunkAccountants Instagram: https://www.instagram.com/twodrunkaccountants/ Website: https://twodrunkaccountants.com.au Email: twodrunkpodcast@gmail.com

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!

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. ...

King County Executive Candidates on Sound Transit development // Casey McNerthney with "Crime and Punishment"// Jill Schlesinger on new tax deduction options in 2026 // Charlie Commentary on why casting your ballot is so important // Gee Scott on the Seahawks dominant win last night

Send us a textYou've heard the stories: jets written off, million‑dollar refunds, zero taxes on millions in income. But are those strategies fundamental? And more importantly, do they apply to you?In this video, Mark Perlberg (CPA + Tax Strategist) breaks down the truth about these “too good to be true” tax moves. He pulls back the curtain on deduction limitations, capital loss traps, passive vs. active income strategies, and how the wealthy legally reduce their tax bills, sometimes to zero.You'll learn:• Why many tax hacks don't apply to W‑2 earners• The $630,000 business loss cap (and how to use it)• How high earners stack real estate + charitable + credit strategies• What most tax pros miss about timing, phaseouts, and AGI targeting• Workarounds for SALT deductions, basis limitations, and more

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.

Seniors, listen up! Starting in 2025, new deductions could mean big tax savings—but only for the next four years. The “Henssler Money Talks” hosts share strategies for those over 65, from Roth conversions to charitable giving tactics. Learn how to make the most of the $6,000 per taxpayer bonus deduction, the senior deduction, and your standard deduction while the window is open. Original Air Date: October 18 2025 Read the Article: https://www.henssler.com/seniors-youve-got-a-limited-time-tax-advantage-heres-how-to-use-it   

Ever wondered how wealthy investors legally pay little—or even zero—taxes? In this episode of The Jack Bosch Show, Jack sits down with tax strategist Carlotta Thompson, creator of the Pathway to Zero. Carlotta shares insider strategies from her time at the IRS and explains why documentation is everything. From the Augusta Rule and hiring your kids, to Opportunity Zones, empowerment zones, and even private foundations, you'll learn real, actionable ways to protect your wealth and cut your tax bill. Register for Carlotta's free Live training "Pathway to Zero" here

The One Big Beautiful Bill Act contains new, temporary laws, including available tax deductions for earnings on tips for tipped employees and overtime wage earnings of all employees. 

In this episode of the Sunlight Tax podcast, I break down the One Big Beautiful Bill Act and what it means for taxpayers like you. I explain the campaign promises written into this bill—including the “no tax on tips” provision, the “no tax on overtime” benefit, and the new deductions available for seniors.    My goal is to help you clearly understand how these changes may impact your taxes, your income, and your financial planning. If you want to stay ahead of new tax laws and make the most of these opportunities, this episode is for you.   Also mentioned in today's episode: 03:13  Campaign Promises and Tax Deductions 06:15  Understanding the No Tax on Tips Provision 19:52  Exploring the No Tax on Overtime Provision   Takeaways The One Big Beautiful Bill Act (OBBBA) was passed on July 2nd. The bill includes several campaign promises related to tax deductions. A new higher standard deduction for seniors is introduced. The no tax on tips provision benefits higher income tipped workers. Only qualified tips are eligible for the new deduction. The no tax on overtime provision allows deductions for overtime pay. The deductions expire in 2029, providing limited time benefits. Tax equity is a significant concern with the new provisions. The bill's provisions are retroactive to January 1, 2025.   If you enjoyed this episode, please rate, review and share it!  Every review makes a difference by telling Apple or Spotify to show the Sunlight Tax podcast to new audiences.   Other Sunlight Tax podcast episodes about OBBBA: Unpacking Trump's New Tax Law: What You Need to Know About the One Big Beautiful Bill Act Breaking Down Trump's New Tax Law: Cars, New Loan Interest Deduction, and Expiring Energy Credits   Links: Link to pre-order my book, Taxes for Humans: Simplify Your Taxes and Change the World When You're Self-Employed. Link to pre-order my workbook, Taxes for Humans: The Workbook Get your free visual guide to tax deductions Check out my program, Money Bootcamp  

In this episode of the Investor Fuel podcast, host Michelle Kesil interviews Chris McCormack, a tax planning expert specializing in helping real estate investors optimize their tax strategies. Chris shares his journey from working at a big four accounting firm to starting his own company, Better Books, which focuses on proactive tax planning. He discusses common tax myths, effective strategies for real estate investors, and the importance of bookkeeping. The conversation also touches on client engagement, service offerings, and the significance of building relationships in the business. Chris emphasizes the need for continuous learning and adapting to better serve clients, especially those just starting in real estate investing.   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   —--------------------

#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

In this episode, I dive into the new tax law called the One Big Beautiful Bill Act, focusing on two major updates: the car loan interest deduction and the expiring energy tax credits. I explain why understanding these new tax rules matters, especially if you're considering a clean vehicle tax credit or planning energy efficiency improvements for your home.   With key deadlines approaching, I want to give you clear, actionable insights so you can maximize your tax benefits and make the most of these opportunities before they expire.   Also mentioned in today's episode: 01:00 Overview of the One Big Beautiful Bill Act 03:37 New Car Loan Interest Deduction 13:04 Expiring Energy Credits and Deadlines   Takeaways The new tax law is called the One Big Beautiful Bill Act. There are new deductions for car loan interest starting in 2025. Tax credits for clean vehicles are expiring soon. The deadline for clean vehicle tax credits is September 30th. The car loan interest deduction is only applicable to new cars. You must have the VIN number to claim the car loan deduction. Energy efficiency improvement credits are also expiring soon. The residential clean energy credit is set to expire in 2025. Commercial vehicle tax credits are available for businesses.   If you enjoyed this episode, please rate, review and share it!  Every review makes a difference by telling Apple or Spotify to show the Sunlight Tax podcast to new audiences.   Links: VIN decoder Check out my program, Money Bootcamp Link to pre-order my book,  Taxes for Humans: Simplify Your Taxes and Change the World When You're Self-Employed. Link to pre-order my workbook, Taxes for Humans: The Workbook Get your free visual guide to tax deductions  

Ready to make the most of your taxes in 2025 and beyond? In this value-packed episode of Dollar & Sense, Joel and Kristin break down the latest game-changing updates to tax deductions, with a spotlight on the new senior deduction and major changes for charitable contributions. Discover how seniors can benefit from a $6,000 deduction—even if they're not yet on Social Security—and learn the income thresholds you need to know to qualify. The hosts also unravel the new opportunities for charitable giving, including a $1,000 deduction for everyone, the upcoming AGI floor of 0.5% for itemized deductions, and smart strategies to maximize your benefits before the rules shift in 2026. From increased state and local tax caps to permanent bonus depreciation for businesses, this episode is full of essential tips for making the most of your money at tax time. Tune in and get ahead of your financial game—your future self will thank you! 

Rating Stripper Tax Deduction on a Scale of 1-10

We're going inside the new tax rules for retirees.  From a brand-new $6,000 deduction for seniors to major changes in how charitable giving is handled, the One Big Beautiful Bill Act has reshaped key parts of the retirement tax landscape.  We'll break down what's changed, what's just political spin, and what you can do right now to take advantage of these new rules.  After that, we answer a listener question: Have you ever wondered what the letters behind a Financial Advisor's name mean? Resources: John Manganaro article from ThinkAdvisor: How the New $6,000 Tax Deduction for Seniors Really Works Article from Fidelity Charitable: One Big Beautiful Bill (OBBB): Impact on charitable giving   Connect with Benjamin Brandt Get the Retire-Ready Toolkit: http://retirementstartstodayradio.com Subscribe to the newsletter: https://retirementstartstodayradio.com/newsletter Work with Benjamin: https://retirementstartstoday.com/start Follow Retirement Starts Today in:Apple Podcasts, Spotify, Overcast, Pocket Casts, Amazon Music, or iHeart  Get the book!Retirement Starts Today: Your Non-financial Guide to an Even Better Retirement  

Caleb Guilliams & Tax CPA Garrett Richetto break down the biggest 2025 tax updates that business owners need to know from bonus depreciation and cost segregation to entity structuring and charitable strategies. Learn how to legally save thousands (or even millions) for your small, medium, or large business by understanding what's changed and how to apply it. Want To Pay Less Taxes as a Business Owner? Click Here: https://betterwealth.com/tax Learn More About BetterWealth: https://betterwealth.com0:00 - Overview of Trump's New Tax Bill 2:44 - 100% Bonus Depreciation 6:12 - Immediate R&D Expensing 10:29 - Earnings Before Interest Tax Depreciation & Amortization 13:12 - Permanent Section 199A Deductions 16:03 - SALT Cap Raised17:50 - Tips & Overtime Deductions 21:07 - Real Estate Investment Trust 23:49 - Global Intangible Low Taxed Income24:56 - Expensing Factory Buildings 26:32 - QSBS Gain Exclusion 28:10 - 3 Tax Benefits that Were Removed ==================== DISCLAIMER: https://bttr.ly/aapolicy*This video is for entertainment purposes only and is not financial or legal advice. Financial Advice Disclaimer: All content on this channel is for education, discussion, and illustrative purposes only and should not be construed as professional financial advice or recommendation. Should you need such advice, consult a licensed financial or tax advisor. No guarantee is given regarding the accuracy of the information on this channel. Neither host nor guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered.

In this conversation, Bobby Mucka, an enrolled agent based in Frederick, Maryland, shares his journey into the world of tax strategy for real estate investors. He discusses the importance of understanding tax laws, the role of tax professionals, and when investors should seek tax advice. Bobby also provides insights into various tax strategies for different types of real estate investments, emphasizing the need for proper documentation and aggressive yet legal tax strategies. The conversation concludes with resources for those interested in tax strategy. 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   —--------------------

Did you know your past innovation work could still earn you huge tax savings? In this episode, we unpack how the updated R&D tax rules can help you unlock up to $200,000 in retroactive deductions—even if your business isn't in tech. Learn what qualifies, how to reclaim missed credits from 2022–2024, and how smart entrepreneurs are using this to fund growth and beat competitors. If you've been developing new products, improving processes, or investing in innovation, this episode shows you how to turn those efforts into real cash flow. Don't wait—this is one of the biggest opportunities for business owners to reclaim taxes and reinvest in 2025.   Next Steps:

My Favorite Business Tax Deduction

In this episode of Passing Judgment, host Jessica Levinson interviews Chris Stein, senior politics reporter for The Guardian US, about the "big, beautiful bill" driven by President Trump and congressional Republicans. Stein explains that the bill makes the 2017 tax cuts permanent, primarily benefiting high earners, while also introducing new deductions and extending some relief for select groups. He highlights significant cuts to Medicaid and SNAP, noting these changes are delayed until after the midterms, while increased funding for immigration enforcement and the border wall takes effect more quickly. The episode also addresses the bill's large projected impact on the federal deficit and the political strategy behind delaying the most controversial cuts. Levinson and Stein wrap up with insights into House Democrats' push for Trump-related Epstein files, illustrating the limited tools available to the minority party.Here are three key takeaways you don't want to miss:Tax Changes: Immediate Relief, Long-Term Effects: The bill makes the Trump-era tax cuts permanent, creating significant (and expensive) relief that primarily benefits top earners, while also introducing temporary new cuts for working-class voters. However, not everyone qualifies, and the flipside could mean fewer resources for government programs.Social Safety Nets: Delayed Pain, Lasting Impact: Major changes to Medicaid and SNAP (food stamps) are built in—including work requirements and shifting costs to states. Crucially, these cuts are delayed until after the next midterms, affecting rural and Trump-leaning areas the most, but the full consequences won't be felt until later election cycles.Immigration and Deficit: Shifting Priorities, Bigger Budget: The bill pours billions into border enforcement—including ICE, deportations, and the border wall—while still adding an estimated $3.4 trillion to the federal deficit over the next decade, eclipsing even the emergency pandemic-era spending.Follow Our Host: @LevinsonJessica

In this episode of Good Morning Liberty, hosts Nate Thurston and Charles 'Chuck' Thompson dive into a variety of hot topics. They begin by discussing their recent activities and updates on their growing podcast audience. Nate talks about his new role co-hosting the Decentralized Revolution podcast by the Mees Caucus. The hosts then delve into the latest news, focusing on the Democratic socialist candidate leading New York's mayoral race and the potential implications for the city. They also discuss Trump's controversial appearance at the NATO summit and his claims about the U.S. military's recent actions in Iran. Tune in for a blend of humor, political analysis, and insights on current events. (00:00) Welcome to Good Morning Liberty (00:54) Nate's New Podcast Venture (01:44) War Talk and Budget Cuts (04:29) Trump's NATO Summit and 'Daddy' Controversy (08:46) Iran Nuclear Facility Bombing (19:10) Pakistan's Missile Development (20:59) Medicaid and Immigration Issues (30:19) Founders' Intentions and Government Size (30:52) BBB Financial Implications and Political Maneuvering (31:16) Republican Stance on Budget Cuts (32:34) Potential Changes to Tax Deductions (33:19) New York Mayoral Race and Candidates (34:49) Zoran's Publicly Owned Grocery Stores Proposal (36:43) Critique of Socialist Policies in New York (39:14) Economic Impact of Proposed Policies (47:31) Federal and State Funding for New York   Links:   https://gml.bio.link/   YOUTUBE:   https://bit.ly/3UwsRiv   RUMBLE:   https://rumble.com/c/GML   Check out Martens Minute!   https://martensminute.podbean.com/   Follow Josh Martens on X:   https://twitter.com/joshmartens13   CB Distillery 25% off with promo code GML   cbdistillery.com   Join the Fed Haters Club!   joingml.com   secure.thomasmassie.com/donate  

Apple Podcast Description: In this episode of the Inner Edison Podcast, host Ed Parcaut sits down with Jeff Trapp, an experienced tax strategist and founder of Tax Planning Pros. Jeff clarifies the differences between an Enrolled Agent (EA) and a CPA, shares candid stories about his path into the tax field, and offers practical advice for business owners on proactive tax planning. Listen in as Jeff reveals common tax mistakes, the importance of building your personal brand, and key tips for keeping your books in order. Whether you're a solo entrepreneur or a seasoned business owner, this episode is packed with timely insights on saving money, building wealth, and navigating the complex world of taxes. Plus, discover how Jeff overcame setbacks to launch his own successful firm and what you should be asking your accountant to maximize your financial legacy. Learn more about Jeff at taxplanningpros.com and get inspired to take control of your business—and your taxes—today! **Contact Ed Parcaut:** -

On this edition of Ask KT and Suze Anything, we’ll revisit an episode where Suze answered questions about why you need an IRA, what to do with inherited cash, trusts and so much more! Jumpstart financial wellness for your employees: https://bit.ly/SecureSave Try your hand at Can I Afford It on Suze’s YouTube Channel Protect your financial future with the Must Have Docs: https://bit.ly/3Vq1V3GGet your savings going with Alliant Credit Union: https://bit.ly/3rg0YioGet Suze’s special offers for podcast listeners at suzeorman.com/offerJoin Suze’s Women & Money Community for FREE and ASK SUZE your questions which may just end up on the podcast. Download the app by following one of these links: CLICK HERE FOR APPLE: https://apple.co/2KcAHbH CLICK HERE FOR GOOGLE PLAY: https://bit.ly/3curfMISee omnystudio.com/listener for privacy information.