Podcasts about tax planning

Send us a textWhat are you thinking about as far as tax planning as we reach the mid-point of 2025? While we eagerly await finalized legislation, we're focusing on foundational tax reduction methods that require little cash outflow while delivering substantial benefits. Some topics discussed with our clients and in this episode include...• Augusta Rule allows business owners to rent their home to their business for up to 14 days tax-free, potentially creating $42,000 in deductions• Hiring family members can generate significant business deductions while keeping money within the family• Solar panel investments offer both immediate tax credits and potential positive cash flow through energy savings• Medical expenses can be converted to valuable business deductions through proper fringe benefit structuring• Advanced charitable strategies can eliminate up to 60% of taxable income at a fraction of the cost• Building systems around these strategies creates compounding tax benefits regardless of future tax law changesIf you want to learn more about these strategies, go to prosperalcpa.com/apply for a personalized review of your situation, or visit taxplanningchecklist.com for our mini course.

Tariffs killed Carl's investment portfolio and left him wondering if he should claim Social Security early. Joe Anderson, CFP® and Big Al Clopine, CPA spitball for him today on Your Money, Your Wealth® podcast number 531. Kelly and Steve in Pennsylvania ask for a three-fer spitball - when to claim their Social Security, whether they should contribute to Roth or convert to Roth for that lifetime tax-free growth on their investments, and if they're on track for Kelly to retire in three years. Free financial resources & episode transcript: https://bit.ly/ymyw-531 CALCULATE your free Financial Blueprint WATCH The Retirement Course: Can You Hit a Hole in One? on YMYW TV ASK Joe & Big Al for your Retirement Spitball Analysis SCHEDULE your Free Financial Assessment SUBSCRIBE to YMYW on YouTube DOWNLOAD more free guides READ financial blogs WATCH educational videos SUBSCRIBE to the YMYW Newsletter Timestamps: 00:00 - Intro: This Week on the YMYW Podcast 01:21 - Tariffs Killed My Portfolio. Should I Claim Social Security Early? (Carl) 10:14 - Watch The Retirement Course: Can You Hit a Hole in One? on YMYW TV, Calculate your free Financial Blueprint 11:13 - When Should We Claim Social Security? Roth Contributions or Conversions? Are We On Track for Retirement? (Kelly & Steve) 25:00 - Download the Key Financial Data Guide, YMYW Podcast Outro

Cameron and Anthony take a deep dive into the controversy and confusion surrounding infinite banking. They explore the reasons why many people label it a scam, including misunderstandings of whole life insurance, poor policy design, and false comparisons with high-risk investments. The hosts address popular criticisms head-on—such as early cash value, policy commissions, and investment alternatives—offering both personal stories and practical advice. If you've ever hesitated about infinite banking or want to understand the facts beyond the hype, this episode is for you.   Mentioned videos:  5 Questions to Ask Your IBC Agent IBC vs Cash Resources: Join the Infinite Wealth Study Group: https://www.facebook.com/share/g/qC3sAWg6PhHYpRAs/  Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast Check our online course at www.InfiniteWealthCourse.com Buy Becoming Your Own Banker by R. Nelson Nash http://bit.ly/BYOBbookIWC 

Ready to take a deep dive and learn how to generate personal tax-free cash flow from your corporation? Enroll in our FREE masterclass here and book a call hereWhat if you could lay the perfect financial foundation for your future?Whether you're just starting your Canadian business journey or already juggling multiple ventures, knowing how and when to scale, structure, and protect your finances can feel overwhelming. Jess and her husband, both in their early 20s, are already building businesses, planning for financial freedom by 45, and making decisions most entrepreneurs delay for years. But even ambitious starters hit walls—especially when it comes to being taken seriously and making smart tax moves early on.In this episode, you'll learn:How to decide if (and when) incorporating your business actually makes senseWhy understanding retained earnings and tax brackets early can be your financial superpowerThe essential blueprint for setting up your operating and holding companies to fuel long-term wealth, not just short-term winsPress play now to learn how to structure your business today so you're not paying for missed opportunities tomorrow.Discover which phase of wealth creation you are in. Take our quick assessment and you'll receive a custom wealth-building pathway that matches your phase and learn our CRA compliant tax optimized strategies. Take that assessment here.Canadian Wealth Secrets Show Notes Page:Consider reaching out to Kyle…taking a salary with a goal of stuffing RRSPs;…investing inside your corporation without a passive income tax minimization strategy;…letting a large sum of liquid assets sit in low interest earning savings accounts;…investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,…wondering whether your current corporate wealth management strategy is optimal for your specific situation.Navigating entrepreneurship today requires more than just hustle—it demands smart financial systems for entrepreneurs who want lasting success. Whether you're a young entrepreneur just starting out or scaling businesses across industries, understanding Canadian tax strategies and business structure is essential for wealth building. From incorporation and corporate structure optimization to real estate investing and capital gains planning, small business financial planning plays a critical role in achieving financial freedom. Strategic moves like optimizing RRSP room, implementing the Smith Maneuver in Canada, and mastering salary vs dividends decisioReady to connect? Text us your comment including your phone number for a response!Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

With Warren Buffet announcing he'll be stepping down as the CEO of Berkshire Hathaway at the end of this year, Charlie and Peter discuss seven new lessons we can glean from his legacy. Plus, we've seen one of the most significant market rebounds in history since the bear market low in April. Is it a signal or just noise?

On this week's episode, I sit down with Thomas Castelli, real estate-focused CPA and partner at Hall CPA, to dive deep into real, practical tax strategies that can save investors thousands. If you've ever wondered whether your CPA is leaving money on the table, this episode will confirm your suspicion and give you the tools to fix it.   Thomas shares eye-opening stories of tax returns gone wrong, the truth behind cost segregation and depreciation, and how strategic planning done proactively can unlock massive wealth preservation.    Whether you're a seasoned investor or just closing your first deal, these are the systems, mistakes, and mindset shifts that separate the average from the elite.   Key Talking Points of the Episode   00:00 Introduction 02:41 From accounting student to real estate investor to real estate CPA 04:02 Why generalist CPAs often cost investors money 05:14 The myth of “you can't take more than $25K in losses”—and how pros work around it 06:10 How depreciation offsets income and reduces your effective tax rate 07:17 The $50K case study: a CPA missed cost segregation, costing a client dearly 08:18 Advisory vs. compliance: why strategy beats paperwork 10:02 Common mistakes: missed depreciation, unreported insurance, and more 12:02 Opting out of bonus depreciation—when it helps and when it hurts 14:47 What is cost segregation? 18:12 Which items can be carved out in a cost seg: carpets, appliances, sheds & more 19:15 Should you run a cost seg if you plan to sell in 2 years? 21:36 Get in touch with Thomas and his team 22:26 Why real estate is the best long-term tax strategy in America 24:30 Tax planning isn't a luxury—it's your responsibility   Quotables   “Most CPAs are generalists. If they don't live in real estate, they don't know what to look for.”   “Your tax return is a report card for what already happened. If you want to influence it, you have to act now.”   “This is like surgery. You don't do it yourself. You call the right specialist.”   Links   Tax Smart Real Estate Investors Podcast https://www.therealestatecpa.com/podcasts/   Hall CPA http://smartrealestatecoach.com/hallcpa   QLS Live https://qlslive.com   Real Estate On Your Terms and Deal Structure Overtime https://wickedsmartbooks.com/podcast   FREE Master's Class http://smartrealestatecoach.com/masterspodcast   FREE Strategy Session with Chris Pre http://smartrealestatecoach.com/actionpodcast   QLS 4.0 https://smartrealestatecoach.com/qlspodcast   Investor Resources https://smartrealestatecoach.com/resources   Apprentice Program https://smartrealestatecoach.com/apprenticepodcast   In the Trenches Bootcamp https://smartrealestatecoach.com/ittbpodcast   3 Paydays Virtual Event https://smartrealestatecoach.com/3paydayspodcast   REI Blackbook https://smartrealestatecoach.com/REIBB-DD   7 Figures Funding https://smartrealestatecoach.com/7figures-pod

In this episode of Poised for Exit, we're joined by Cindy Mclagan and Jonathon Lansink from John A. Knutson & Co., PLLP. We sit down for an insightful conversation on estate and tax planning for business owners preparing to exit!Jonathon and Cindy address why proactive estate and tax strategies are critical for protecting generational wealth and ensuring smooth business transitions. From the use of trusts and gifting strategies to navigating the complexities of estate tax law, this episode is packed with practical advice for owners, advisors, and financial professionals alike.Our conversation covers how to properly fund trusts, the role of irrevocable trusts in real estate planning, and the value of building a collaborative team that includes CPAs, attorneys, and financial advisors. Additionally, Jonathon and Cindy also touch on the challenges of generational family businesses and best practices for onboarding estate planning clients.If you're advising clients or preparing your own business for a future transition, this episode delivers grounded, actionable insights to help you plan ahead with clarity and confidence.Connect with Julie Keyes, Keyestrategies LLCFounder, Consultant, Author, Pod-caster and Instructor

What should you do when the asset allocation of your retirement portfolio drifts? Joe Anderson, CFP® and Big Al Clopine, CPA spitball on rebalancing for DJ in St. Louis, today on Your Money, Your Wealth® podcast number 530. Plus, Coach Dobber in Minnesota is curious about municipal bonds in a brokerage account, and Daniel in Stevensville, Michigan needs details on emergency funds. Also, can Tim the Enchanter do a Roth conversion and avoid the nasty big pointy teeth of capital gains tax? And, Duke in upstate New York told his wife they need 6 million dollars in retirement, and she said he was silly. What say Joe and Al? We'll find out. Free financial resources & episode transcript: https://bit.ly/ymyw-530 ASK Joe & Big Al for your Retirement Spitball Analysis SCHEDULE your Free Financial Assessment SUBSCRIBE to YMYW on YouTube DOWNLOAD more free guides READ financial blogs WATCH educational videos SUBSCRIBE to the YMYW Newsletter Timestamps: 00:00 - Intro: This Week on the YMYW Podcast 00:47 - Rebalancing Asset Allocation of US Stocks, International Stocks, and Bonds (DJ in St Louis) 07:21 - Can I Do a Roth Conversion and Have No Cap Gains Tax? (Tim the Enchanter, FL) 15:44 - Watch Financial Planning at Every Age on YMYW TV, Download the Retirement Readiness Guide for free 16:41 - Municipal Bonds in a Brokerage Account: Good Idea? (Coach Dobber, MN) 22:48 - Told My Wife We Need $6M to Retire in 20 Years. She Say's I'm Silly. (Duke, upstate NY) 27:09 - Calculate your Free Financial Blueprint, Schedule your Free Financial Assessment 28:54 - What Is an Emergency Fund and How Much Should I Have in It? (Daniel, Stevensville, MI) 36:00 - YMYW Podcast Outro

Retirement Expert James Conole @RootFP breaks down how to retire wealthy with smart strategies around tax-free income, 401(k)s, Roth conversions, investment risk, Social Security, and the psychology of spending in retirement. Plus, we debate whole life insurance vs. bond alternatives, explore annuities, reverse mortgages, and the surprising ways legacy and lifestyle planning shape long-term wealth.Check out James Conole's Channel: @RootFP Want FREE Whole Life Insurance Resources & Education? Go Here: https://bttr.ly/yt-bw-vault00:00 Intro02:36 The Importance of Financial Planning04:47 Framework for Retirement Planning12:44 Understanding Cash Flow and Inflation17:44 Investment Strategies and Risk Management21:27 Typical Withdrawal Rate For 5 Years32:34 Understanding Root Reserves36:21 Risk Tolerance vs. Risk Capacity39:20 James Conole's Liquid Investments44:48 Exploring Annuities and Their Benefits48:52 Tax Advantages52:49 Retirement As an Income Strategy57:31 Navigating Reverse Mortgages01:01:44 Cashflow in Financial Planning01:04:10 Gold and Precious Metals01:07:25 Debt Management and Financial Strategies01:08:25 Tax Planning for Retirement01:21:11 Business Or Invesments01:27:00 Finding Purpose and Intentional Living______________________________________________ Learn More About BetterWealth: https://betterwealth.com====================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.

This week Cameron and Anthony dig into the world of Airbnb investing with John Bianchi, a specialist who boasts a 100% success rate in guiding clients to profitable short-term rental properties. John debunks common misconceptions about the Airbnb market, lays out his proven evaluation methods—including the “20% rule”—and dives into the differences between long-term and short-term rental strategies. The conversation highlights the importance of data over guesswork, especially when it comes to selecting markets, assessing true property potential, and leveraging tax advantages unique to Airbnbs. John also shares details about new tax legislation and how his team at STR Search makes investing stupid simple for their clients.   Resources: STR Search: How We Can Help You Join the Infinite Wealth Study Group: https://www.facebook.com/share/g/qC3sAWg6PhHYpRAs/  Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast Check our online course at www.InfiniteWealthCourse.com Buy Becoming Your Own Banker by R. Nelson Nash http://bit.ly/BYOBbookIWC 

Your IRA in retirement. You can leave it, roll it, or cash it out. How do we know what works best for us and what do we have to watch out for? Want to begin building your retirement plan? Schedule a call with us here:

In this episode, Steven tackles a common question from Financial Advisors when tax planning comes up: "How do I find the time to get the work done?" Joining Steven for this discussion is Lloyd Ross, an entrepreneur and author of "Become Time Rich". Steven and Lloyd discuss the realities of their being limited time, but that some people are simply able to get more done in that time. Lloyd shares from his experience and his upcoming book to give listeners a framework for how to take action and take back their time. https://zurl.co/7OWtt

In this week's episode of Winning at Life, Gregory Ricks is joined by CPA Jude Heath for a deep dive into smart tax planning strategies for 2025 and beyond. From surviving correction notice season to maximizing Roth conversions, Jude brings insider insights fresh off the heels of a hectic tax season. Plus, they unpack the latest on proposed “MAGA” savings accounts for kids, creative legacy planning ideas, and the surprising potential for a Pope to file a U.S. tax return. For LIVE financial news talk radio, tune into "Winning at Life with Gregory Ricks" LIVE on Saturday Mornings on:WRNO-News Talk 99.5 FM New Orleans - 10 am - 1 pmWBUV-News Talk 104.9 FM Biloxi - 10 am - 1 pmWBRP-107.3 FM Baton Rouge - 11 am - 1 pmORFor financial news talk ON DEMAND, tune into the Ask Gregory Podcast for more financial topics that may interest you! Visit: https://gregoryricks.com/podcast/

On this episode: Buy and hold. Keep politics out of your investing. Don’t lose money. Can we still follow Warren Buffett’s advice? The huge unseen financial bill in retirement. Many baby boomers are rolling out of their IRAs and 401(k)s. Watch out for these missteps. Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.

In this week's episode of Real Money Talks, we're diving deep into business structure and tax planning; two critical pieces of the wealth-building puzzle. I sit down with two seasoned entrepreneurs, Kelly from Utah and Mike from California, who are each navigating different phases of their business journey but share a common goal: to grow smarter and keep more of what they earn.Whether you're looking to restructure your business for better tax advantages, set up the right entities, or understand how trusts and 0% financing fit into your financial plan, this episode is packed with practical insights on business structure and tax planning you can put to work immediately.Loral's Takeaways:Discussion on Business Structure and Wealth Cycle (01:15)Upcoming Event and Line of Credit Discussion (03:16)Mike's Question on Business Entity Types (05:32)Strategies for Selling a Business and Tax Planning (07:07)Final Thoughts and Encouragement (09:57)Meet Loral Langemeier:Loral Langemeier is a money expert, sought-after speaker, entrepreneurial thought leader, and best-selling author of five books.Her goal: to change the conversations people have about money worldwide and empower people to become millionaires.The CEO and Founder of Live Out Loud, Inc. – a multinational organization — Loral relentlessly and candidly shares her best advice without hesitation or apology. What sets her apart from other wealth experts is her innate ability to recognize and acknowledge the skills & talents of people, inspiring them to generate wealth.She has created, nurtured, and perfected a 3-5 year strategy to make millions for the “Average Jill and Joe.” To date, she and her team have served thousands of individuals worldwide and created hundreds of millionaires through wealth-building education keynotes, workshops, products, events, programs, and coaching services.Loral is truly dedicated to helping men and women, from all walks of life, to become millionaires AND be able to enjoy time with their families.She is living proof that anyone can have the life of their dreams through hard work, persistence, and getting things done in the face of opposition. As a single mother of two children, she is redefining the possibility for women to have it all and raise their children in an entrepreneurial and financially literate environment. Links and Resources:Ask Loral App: https://apple.co/3eIgGcXLoral on Facebook: https://www.facebook.com/askloral/Loral on YouTube: https://www.youtube.com/user/lorallive/videosLoral on LinkedIn: https://www.linkedin.com/in/lorallangemeier/Money Rules: https://integratedwealthsystems.com/money-rules/Millionaire Maker Store: https://millionairemakerstore.com/Real Money Talks Podcast: https://integratedwealthsystems.com/podcast/Integrated Wealth Systems: https://integratedwealthsystems.com/Affiliate Sign-Up:

Send us a textIn this episode, we discuss the growing opportunities emerging from the wave of baby boomers retiring and selling their businesses. The conversation focuses on how multifamily offices specialize in tax planning, exit planning, and alternative investments to help families redeploy capital after years of building and growing their wealth.We explore the shift away from public market investments and the increasing appeal of the lower middle market in private equity. With valuations significantly lower than those in the public markets, companies with strong cash flow and growth potential are proving to be compelling investment opportunities. The episode also highlights how firms source deals through strategic partnerships with specialists in sectors like defense, cybersecurity, and AI, offering clients access to diversified investment opportunities that would typically require much larger capital.Tune in for valuable insights into alternative investing, private equity strategies, and how multifamily offices are navigating the evolving landscape of family wealth management.

In this episode, we explore the journey to becoming a Deca Millionaire with expert Nik Agharkar. Discover the essential strategies for scaling your business beyond $10 million and learn how to navigate the complexities of tax planning, succession, and wealth creation. Join Justin Goodbread as he engages in a candid conversation about the mindset and actionable steps needed to achieve real financial freedom and growth. LinkedIn: Nikhil Agharkar www.CrownePointTax.com https://www.justingoodbread.com/coaching/

Shoot us a message, we are here for you and we listen!Think you're a real entrepreneur by pumping every damn penny back into your business? THINK AGAIN.In this raw, unfiltered episode, I rip apart the dangerous myths keeping you broke while your business thrives. You're working yourself to death, paying everyone BUT yourself, and calling it "hustle" when it's actually just slow financial suicide.The hard truth most won't tell you: If you're not paying yourself, you don't have a business—you have a job. And if you collapse, your entire operation goes down with you.Learn why:"Real entrepreneurs reinvest everything" is complete BULLSHITPaying yourself isn't selfish—it's essential survivalWaiting until you hit some magical revenue number is a recipe for bankruptcyStop running yourself into the ground. Your business should operate WITHOUT you—that's the whole damn point.Watch the full episode: https://youtu.be/1Gbxmh2kNlIWant more brutal financial truth with zero fluff? Hit up nobswealth.com for the strategies that actually work.As always we ask you to comment, DM, whatever it takes to have a conversation to help you take the next step in your journey, reach out on any platform!Twitter, FaceBook, Instagram, Tiktok, LinkedinDISCLOSURE: Awards and rankings by third parties are not indicative of future performance or client investment success. Past performance does not guarantee future results. All investment strategies carry profit/loss potential and cannot eliminate investment risks. Information discussed may not reflect current positions/recommendations. While believed accurate, Black Mammoth does not guarantee information accuracy. This broadcast is not a solicitation for securities transactions or personalized investment advice. Tax/estate planning information is general - consult professionals for specific situations. Full disclosures at www.blackmammoth.com.

Send us a textPS. Whenever you're ready, here are some ways we can help with reducing your taxes... Ready to slash your tax bill? Schedule your free consultation and let's strategize your tax savings together! Book now at: https://www.prosperlcpa.com/apply Or, if you still need more time, here are some other ways to begin winning the tax game...  Take our free Tax Planning Checklist & learn about what tax savings may be available for you in our minicourse at https://taxplanningchecklist.com At the very least, get on our newsletter to gain access to free live events and exclusive insight you won't find anywhere else: https://www.prosperlcpa.com/newsletter-subscription Get your FREE Personalized Tax Planning Video at: https://www.prosperlcpa.com/5minutetaxplan  We've evolved from focusing solely on real estate tax strategies to becoming holistic tax planners who consider all income sources and create comprehensive tax-saving approaches. This shift occurred because many clients have diverse income streams beyond real estate, and others have lost interest in real estate due to market challenges or landlord burnout.• The seven elements of holistic tax planning include examining all income sources, not just real estate• Consider every asset - stocks, retirement accounts, real estate equity, business valuations - when planning• Timing matters - look at prior, current, and future income to prevent taxation across your lifetime• Family considerations should include spouse strategies, hiring family members, and estate planning• Understand where your cash is going after tax events to align strategy with your true objectives• Align tax planning with personal goals like retirement, business growth, or investment expansion• Provide diverse strategies beyond the obvious - from charitable giving to advanced entity structures• Each person has a unique "tax planning DNA" based on risk tolerance, liquidity needs, and preferencesVisit taxplanningchecklist.com for a high-level overview of potential tax opportunities, or go to prosperlcpa.com/apply for a free consultation to see how we can reduce your taxes.

John in Boston is in the 32% tax bracket. Should he do Roth conversions? Flight Deck Dad and Irish Girl in Pensacola have a lot of tax-free pension income. Should they do Roth conversions? Bert and Ernie in New Jersey wonder if they should convert to Roth or take advantage of zero percent capital gains tax rates. Joe Anderson, CFP® and Big Al Clopine, CPA spitball for all of them today on Your Money, Your Wealth® podcast number 529. Plus, Michael and his wife in Bellevue are 34, in the 24% tax bracket and wonder if they should contribute to tax-free or tax-deferred accounts, and if they should slow down on retirement savings and start a bridging account for the years between when they want to punch the clock in their early to mid-50s, and when they can access their retirement savings. Then, for something completely different, Frenchie from Maine writes back in: What are the disadvantages to paying off her mortgage ASAP, and what's the tax efficiency of a money market compared to bond funds? Free financial resources & episode transcript: https://bit.ly/ymyw-529 WATCH How to Break Through Retirement Barriers on YMYW TV CALCULATE your Free Financial Blueprint SCHEDULE your Free Financial Assessment ASK Joe & Big Al for your Retirement Spitball Analysis SUBSCRIBE to YMYW on YouTube DOWNLOAD more free guides READ financial blogs WATCH educational videos SUBSCRIBE to the YMYW Newsletter Timestamps: 00:00 - Intro: This Week on the YMYW Podcast 01:00 - We're in the 32% Tax Bracket. Should We Do Roth Conversions? (John, Boston, MA) 06:19 - We Have Large Tax-Free Pension Income. Should We Do Roth Conversions? (Flight Deck Dad & Irish Girl, Pensacola, FL) 16:03 - Watch How to Break Through Retirement Barriers on YMYW TV, Calculate your free Financial Blueprint 16:52 - Should We Do Roth Conversions or Take Advantage of 0% Capital Gains Tax? (Bert & Ernie, NJ) 25:53 - In the 24% Bracket. Should We Contribute to Tax-Free or Tax Deferred Accounts? (Michael, Bellevue, WA) 29:49 - Schedule a Free Financial Assessment at any of Pure Financial Advisors' 12 nationwide locations or online 31:04 - Disadvantages to Paying Off the Mortgage ASAP? Tax Efficiency of Money Market vs. Bond Funds? (Frenchie, ME) 36:23 - Outro: Next Week on the YMYW Podcast

Unlock the secrets to building passive income through real estate with this can't-miss episode of Infinite Wealth! Hosts Cameron Christensen and Anthony Faso sit down with Sean and Joni Wolfswinkel—the powerhouse duo behind Texas Turnkey Properties. With 25 years of investing experience and over 2,300 properties managed across Houston and Albuquerque, Sean and Joni share their unique approach to turnkey real estate, property management, and building lasting wealth. From the power of portfolio thinking to the game-changing difference between property and asset management, you'll discover actionable insights for both new and seasoned investors. Plus, get a behind-the-scenes look at their client-centric process and the advantages of new-build duplexes. Whether you're looking to diversify, get truly passive, or just up your real estate game, this episode delivers real talk and real strategies! Resources: Upcoming webinar email info@InfiniteWealthcoach.com Reach out to Sean - 281-374-2671 or Sean@Texasternkeyproperties.com https://texasturnkeyproperties.com/ Join the Infinite Wealth Study Group: https://www.facebook.com/share/g/qC3sAWg6PhHYpRAs/ Schedule your Discovery Call with Anthony or Cameron here http://bit.ly/iwc15YT Check our online course at www.InfiniteWealthCourse.com Buy Becoming Your Own Banker by R. Nelson Nash http://bit.ly/BYOBbookIWC 

Do you want to create a better rhythm for tax planning your business? CPA Steven Jarvis shares easy, actionable strategies to help you add massive value to your clients—without becoming a tax preparer!  In this episode, I sit down with CPA and tax expert Steven Jarvis to discuss how advisors can integrate effective tax planning into their practices—without becoming tax preparers.   What You'll Learn in This Episode: ✅ Why tax planning is one of the biggest value-adds for financial advisors  ✅ How to avoid common tax-reporting mistakes that cost clients  ✅ The power of proactive CPA collaboration and how to simplify the process  ✅ Easy, actionable tax planning strategies for advisors at every level  ✅ How to build repeatable systems for tax conversations all year long  Tax planning doesn't have to be complicated to be impactful. Steven shares simple but effective strategies that will help you educate clients, communicate more effectively with CPAs, and confidently incorporate tax planning into your advisory practice. If you want to elevate your client experience and stand out in the industry, this episode is a must-listen! 

SummaryIn this episode, Mo Arbas and Paul Miller engage with Michael Foguth, a prominent figure in the financial services industry. They discuss Michael's journey into financial services, the importance of tax planning, current trends in wealth management, and the role of AI in enhancing client relationships. The conversation emphasizes the need for collaboration between financial advisors and tax professionals to provide comprehensive services to clients. Michael shares insights on how to educate clients about financial strategies and the future of advisory services in a rapidly changing landscape.TakeawaysMichael Foguth's journey into financial services was inspired by personal experiences with financial literacy.The importance of tax planning is often overlooked in favor of tax preparation.AI will enhance efficiency in financial services but will not replace the human element.Collaboration between financial advisors and tax professionals is crucial for client success.Clients need to understand the value of financial strategies beyond just costs.Financial literacy should be a priority in education to empower individuals.The future of financial advisory services lies in integrating various financial services for clients.Understanding client emotions is key to effective financial advising.The financial services industry is evolving, and firms must adapt to stay relevant.Planning for taxes should be a year-round process, not just at tax time.Keywordsfinancial services, wealth management, tax planning, Michael Foguth, AI in finance, collaboration, financial literacy, retirement planning, advisory services, family office

A study from AARP revealed that Americans that are 50 years old or older pay 59% of all federal income tax. Contrary to popular belief, many retirees face higher tax obligations due to required minimum distributions (RMDs), Social Security taxes, and insufficient planning during their working years. Mike Canet and Samantha Nash explain that with strategic tax planning, retirees can reduce the burden by leveraging lower tax rates early and exploring options like Roth conversions. Understanding these dynamics is crucial to avoid losing significant portions of savings to taxation and to ensure long-term financial security amidst changing income needs in retirement. Want to begin building your retirement plan? Schedule a call with us here:

Welcome to the Triple P Life Podcast! Struggling with cash flow or unsure when to scale your business? Join Dr. Jay LaGuardia as he interviews Heather Parsons, founder and CEO of Summit CFO, in this eye-opening conversation about entrepreneurial success. This episode delivers crucial insights for small business owners making under $1M in revenue. What You'll Learn: Master cash flow management - learn why this is the #1 killer of small businesses Build the right team at the right time - discover when to delegate and who to hire first Create an effective exit strategy - start planning 5-10 years before you want to sell Balance reinvestment vs. profit-taking - understand the 60/40 rule for sustainable growth Leverage AI and new technologies - prepare your business for the future Whether you're just starting out or looking to scale, Heather shares practical wisdom from her journey from military service to corporate success to entrepreneurship. She even reveals details about her free cash flow forecasting tool to help you make better financial decisions. Ready to transform your business strategy? Watch now and discover how to achieve both financial success and life balance as an entrepreneur! Chapters: 00:00 - Introduction to Heather Parsons 02:34 - Host's Welcome and Show Overview 05:45 - Heather's Military and Business Background 08:18 - Common Entrepreneur Challenges 10:06 - When to Invest in Building a Team 13:25 - Timing Profit Expectations for New Businesses 15:40 - Cash Flow Management for Small Businesses 17:52 - Creating an Advisory Board 21:15 - Scaling and Reinvesting in Your Business 24:30 - Building Generational Wealth 27:22 - Risk Management for Entrepreneurs 30:15 - The Value of Having a Business Coach 32:43 - Investment Readiness Checklist 35:08 - Planning Your Business Exit Strategy 38:16 - Job vs. Business: Key Differences 40:23 - Essential Traits of Successful Entrepreneurs 43:10 - Real Estate Investment Strategies 46:35 - Cash Flow Forecasting Tool 49:05 - Tax Planning for Business Owners 51:18 - How AI Will Revolutionize Business

US/UK TAX PLANNING with ALEX JONES, Partner at London Tax Firm, RAWLINSON-HUNTER https://youtu.be/UjgQRpfqJ-E Thousands of Americans live and work in the UK and record numbers of them are applying for British citizenship. Planning for taxes for these folks has always been challenging, but in 2024, with the change in the non-DOM rules, it's gotten even more difficult. To help us understand what's happening here and to try to identify some of these issues is ALEX JONES. He's a partner at Rawlinson Hunter, the British tax firm. Enjoy. Outline 00:00 Understanding UK Tax Law Changes for US Citizens07:00 Navigating Residency and Tax Implications11:49 Planning for Inheritance Tax and Trusts19:51 Pre-Immigration Tax Planning Strategies30:03 Managing Double Taxation and Tax Credits https://open.spotify.com/episode/4Hmqaalhjk3NklfMCWNd4X?si=8e45eac2d2f247cc Transcript of US/UK Tax Planning Frazer Rice (00:04) Well, we have certainly had a lot of news with British tax law changing. And for those of us here in America who may or may not be part of getting to Europe in a major way and in the UK in a more permanent way, maybe give us a little overview of ⁓ A, what happened, but more specifically, how the UK thinks of US citizens, which can take different forms. Alex Jones (00:31) Let's start with the back end of that question, how we regard Americans. So from a tax point of view, clearly what we're really saying is how do we regard Americans who are exposed to UK taxes? And typically that means Americans who are here. Like most countries in the world, the UK will tax people on UK sources of income. If somebody has a trade or business operating in the United Kingdom, we're going to try and tax it whether they are here or not. But if the US individuals physically in the United Kingdom, then the UK is going to try and tax them in a number of different ways, which I'll talk about in a second. The pause is really just to emphasize the fact that they're American. So a US citizen or US green card holder is going to be US worldwide taxable, whether they live in America or not. So America is going to look at everything everywhere in an American way in dollars in a calendar year. And at exactly the same moment in time, albeit in the UK we have a different tax year end. Our year end is a rather crazy 5th of April year end. Exactly the same amount of time the UK is going to look at exactly that same person and say, hey, what are we going to tax? And so you're starting with the premise that both countries are fighting over who gets the tax first. And the first thing you have to do is look at the two sets of domestic legislation to see how to start, where the problems are, and then you start looking beyond that. In principle, the UK is going to tax people who are resident in the UK on worldwide income. So anything everywhere under UK rules, UK fiscal year, in sterling, et cetera, et cetera. And somebody who's not resident in the UK on UK-CITUS connected income only. However, the UK has long had a regime which has been known as the domicile regime or the remittance basis regime, which has been pretty well known internationally where we said, Look, if you don't originate from here, if you're a foreigner coming in for a period of time, could be indefinite, could be reasonably long, but not permanently, then we won't necessarily tax all things which are non-UK. We would tax things that you brought into the UK, remitted, but we wouldn't necessarily tax non-UK things that you didn't otherwise bring or use or benefit from in the United Kingdom. So the thing that changed in the budget that was announced at the end of October 2024 that largely came into force on the 6th of April 2025 is that we said, hey, this domicile regime, this remittance basis regime is kind of too beneficial to wealthy individuals. You have neighbors who are paying differential amounts of tax just because one person's kind of fore...

In this episode, we discuss the estate tax planning techniques of Nvidia CEO Jensen Huang.

https://pfgwm.com/wp-content/uploads/sites/2/2025/05/Investing-Simplified-05.11.25.mp3 Navigating the world of finance can be overwhelming, especially when biased advice and outdated strategies cloud the path to financial success. That's why Price Financial Group Wealth Management created Investing Simplified — a podcast dedicated to demystifying the complexities of finance and investing. Join our experienced hosts and guest experts as they break down financial concepts into practical, actionable insights. Whether you're a seasoned investor or just getting started, Investing Simplified is your go-to resource for honest advice and proven strategies to help you build a confident financial future. Meet the Hosts: Matt Mai - CIO & Wealth Manager Matt Sudol - COO & Wealth Manager Bo Caldwell - CCO & Wealth Manager Tune in and take charge of your financial journey with clarity and confidence! Schedule A Complimentary Consultation

With much debate still surrounding whether we're heading into a recession, Charlie and Peter give their thoughts and share five tips for investing in the face of an economic downturn. Plus, is the international stock surge a signal or just noise?

You've been jamming money into your retirement accounts for years now. When is it okay to slow down? Joe Anderson, CFP®® and Big Al Clopine, CPA spitball for Ron and Veronica in Indiana today on Your Money, Your Wealth® podcast 528. Plus, how can Scott in Illinois bridge the gap from age 55 to retirement income at 57? How should Big Juan in Texas pay for college? Should he convert his TSP to Roth? Can he retire at 55 And finally, Frank and Jane Drebin in Wisconsin are 46 and 47 and wondering if their plan for retirement in 5 years is just a pipe dream. Free financial resources & episode transcript: https://bit.ly/ymyw-528 DOWNLOAD The Retirement Readiness Guide for free WATCH What Happens to Your 401(k) & IRA at Retirement? On YMYW TV CALCULATE your free Financial Blueprint ASK Joe & Big Al for your Retirement Spitball Analysis SCHEDULE your Free Financial Assessment SUBSCRIBE to YMYW on YouTube DOWNLOAD more free guides READ financial blogs WATCH educational videos SUBSCRIBE to the YMYW Newsletter Timestamps: 00:00 - Intro: This Week on the YMYW Podcast 01:13 - Can I Take My Foot Off the Gas on Saving for Retirement? (Ron and Veronica, IN) 09:48 - Watch What Happens to Your 401(k) & IRA at Retirement? On YMYW TV and Download The Retirement Readiness Guide 10:43 - How to Bridge the Gap from Age 55 to Retirement Income at 57? (Scott, IL) 20:04 - How to Fund College? TSP to Roth Conversions? Retirement at 55? (Big Juan, TX) 24:45 - Calculate Your Free Financial Blueprint 25:45 - We're 46 and 47, Is Our Retirement Plan a Pipe Dream? (Frank and Jane Drebin, WI) 32:26 - Next Week on the YMYW Podcast

This week hosts Cameron Christensen and Anthony Faso chat with Joseph Woodbury, CEO and co-founder of Neighbor.com—the innovative peer-to-peer storage platform often dubbed “the Airbnb of storage.” Joseph shares the inspiration behind launching Neighbor, explores how the platform helps homeowners and investors turn unused space into genuine passive income, and answers questions about risk, liability, and maximizing returns. Whether you're a seasoned real estate investor or a homeowner looking to offset your mortgage, this episode is packed with practical strategies you can leverage right now. Resources: Join the Infinite Wealth Study Group: https://www.facebook.com/share/g/qC3sAWg6PhHYpRAs/  Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast Check our online course at www.InfiniteWealthCourse.com Buy Becoming Your Own Banker by R. Nelson Nash http://bit.ly/BYOBbookIWC 

On today's episode of Great Points, Matt talks about doing your taxes.  While the 2024 tax deadline was a few weeks ago, there are a handful of simple ways you can be better prepared for next year.  Your tax preparer will thank you, but so will your future self for taking a few steps now to make tax season less stressful in the future.  Furthermore, once you have your system down, there are numerous opportunities to engage in "tax planning" to minimize future taxes owed rather than just scrambling to get them done.

Retirees can save thousands in taxes by strategically planning their Required Minimum Distributions (RMDs). Frankie Guida highlights the impact of RMDs on retirement savings and the potential for tax-efficient legacy planning through strategies like Roth conversions. Schedule a complimentary appointment: A Better Way Financial CLICK HERE to register for one of our upcoming Tax-Smart Retirement Planning Dinner Workshops. Read our book! Amazon Best Seller, “The Book on Retirement: A Better Way to Stretch Your Retirement Dollars While Living the Lifestyle of Your Dreams.” Follow us on social media: Facebook | LinkedIn | YouTube See omnystudio.com/listener for privacy information.

Lawrence Kiely and Samantha Nash explain the complexities of tax planning, particularly focusing on the differences between tax strategies during working years and retirement. They highlight the importance of proactive tax planning, the implications of Roth conversions, and the impact of required minimum distributions (RMDs) on retirement savings. The discussion also touches on the government's approach to taxation and the significance of strategic planning for future generations. Want to begin building your retirement plan? Schedule a call with us here:

Summary Dr. Elisa Chiang discussed strategies for creating predictability in unpredictable economic times, emphasizing that the fundamentals of the economy are generally sound, with current uncertainty stemming from external factors. She highlighted the importance of understanding economic interrelations and the potential impact of challenging international relationships. Dr. Chiang suggested that individuals and businesses should evaluate their dependencies and explore ways to become more self-reliant. For physicians, this includes recognizing the value of their skills and exploring options beyond traditional employment, such as private practice or becoming invaluable within their current roles. She also emphasized the importance of diversifying income streams and managing personal finances to reduce reliance on a single paycheck. The conversation also covered strategies for physicians to increase their income, such as specializing in high-value procedures, leveraging support staff, and improving efficiency. Dr. Chiang advised questioning fixed mindsets, challenging existing beliefs, and experimenting with new approaches to adapt to unpredictable times. She also discussed tax planning, investment strategies, and the importance of maintaining a long-term perspective when dealing with market volatility. For those nearing retirement, she recommended assessing risk tolerance, diversifying portfolios, and building a cash cushion. Dr. Chiang offers one-on-one coaching to help individuals navigate their financial situations and achieve their financial goals. Her podcast, 'Grow Your Wealthy Mindset,' provides financial literacy in bite-sized pieces, helping listeners build the knowledge and mindset needed to create financial stability. Chapters Introduction to Predictability in Unpredictable Times Elisa Chiang was invited to discuss creating predictability in unpredictable economic times. The discussion is framed as non-political, focusing on the factual unpredictability of the world. The goal is to provide strategies for individuals to make their financial situations more predictable. Economic Fundamentals and Global Interdependence Chiang stated that the fundamentals of the economy are still good, unlike the issues in 2008 with banking regulation. The current uncertainty is attributed to the actions and statements of certain individuals. The discussion highlights the importance of understanding the complexities of economics and global interrelations. Anytime decisions are made from an independent place, you start to realize we're actually not independent at all. Challenging Independence and Embracing Interdependence Chiang suggests challenging the idea of complete independence and recognizing interdependence on others. Asking questions about dependencies and self-reliance is valuable, but actions must be carefully considered. Many people feel dependent on their paycheck, but physicians have options due to the physician shortage. Separating the ability to produce income from the current job can create stability. Creating Independence and Managing Control The discussion covers the mentality behind creating a private practice and the desire for independence. It's noted that even in private practice, there is still interdependence on systems and people. The focus should be on how to become independent and self-determining results in situations where you don't have control over all of these things. It's important to understand what you can and can't control. Strategies for Exerting Independence Chiang suggests becoming an entrepreneur within your job to make yourself invaluable. This involves attracting patients directly and highlighting your value to the practice or institution. Employers care about generating income, so making yourself invaluable in this area is crucial. Taking care of personal finances and creating multiple income streams reduces reliance on a single paycheck. Translating Value into Income The inherent value of experience, training, and knowledge is highlighted. Physicians translate this value into income through their actions. The trap of trading time for money limits income potential unless value is translated into different income streams. The discussion explores ways physicians can generate income outside the classic RVU model. Increasing Income within the Physician Realm Specializing in specific procedures or surgeries can elevate income. Leveraging other people, such as nurse practitioners, can double clinic output. Hiring scribes can increase productivity and collections. Physicians should work at the top of their income level, delegating tasks to others. Mindset Shifts for Unpredictable Times Adopting a growth mindset can help individuals respond more effectively in unpredictable times. Questioning current beliefs and challenging the status quo is important. Comparing oneself to others who are thriving can provide insights and motivation. Willingness to spend money to make money and accepting failure are key to success. Helping Individuals Deal with Change Questioning the truth of current situations and exploring potential changes is crucial. Experimenting with small changes and learning from others can lead to improvements. Advocating for necessary resources, such as dedicated scrub techs, can increase efficiency. Believing in the potential for change and presenting a clear case for it is essential. Financial Viability in Private Practice A simple formula for private practice success is income minus expenses minus tax burden. All three factors can be influenced in different ways. Leveraging people, doing more cases, and optimizing income streams are ways to increase income. Tax burden can be managed through various strategies. Tax Planning and Side Businesses Every time is unpredictable, so framing the mindset accordingly is important. The more we think like, yeah, the world is doing whatever it's worlding. The world is doing whatever it's doing. We can make our own predictivity, then we don't have to keep thinking like, oh, it's unpredictable, and we have no way to affect it. It's just always unpredictable. As a W-2 employee, there are limited options for tax reduction. Having a side business can provide opportunities to write off personal expenses. Side hustles should align with passions and translate into value and money. Time Management and Productivity Finding something else that you need to find you having to find more time in order to do something helps you structure your time so that you are most efficient with your time. Limited time resources require careful management. Calendaring and time-blocking can improve efficiency. Having a list of tasks that can be done in 10-15 minute intervals can boost productivity. Managing Retirement Funds If retirement is 10 years or more away, continue with the financial plan and consider contributing more. Maximize retirement accounts and explore other savings options. Buying stocks when they are on sale can be a great strategy. Establish a risk tolerance and adjust investment strategies accordingly. Investment Strategies and Risk Tolerance The stock market tends to go up over time, especially with more people investing. Investing during downturns can lead to better outcomes. Even in retirement, there is still a long investing career ahead. Avoid panic selling and maintain a long-term perspective. Retirement Planning and Withdrawal Rates Assess investment strategies and consider shifting to a more conservative portfolio if nearing retirement. Develop a cash cushion to avoid selling stocks during the first few years of retirement. Understand what money is for and focus on enjoyment and security. Consider a Monte Cristo analysis to assess the chances of running out of money. Dr. Chang's Coaching and Podcast Chiang offers one-on-one coaching to help individuals reach their financial goals. She provides a judgment-free zone to discuss finances and job transitions. Her podcast, 'Grow Your Wealthy Mindset,' provides financial literacy in bite-sized pieces. The podcast helps listeners learn the information and mindset needed to create financial stability. Action Items Dr. Chiang suggested individuals and businesses should evaluate their dependencies and explore ways to become more self-reliant. Dr. Chiang advised physicians to recognize the value of their skills and explore options beyond traditional employment. Dr. Chiang emphasized the importance of diversifying income streams and managing personal finances. Dr. Chiang recommended questioning fixed mindsets and experimenting with new approaches. Dr. Chiang advised assessing risk tolerance and diversifying portfolios. Dr. Chiang recommended building a cash cushion for those nearing retirement.Growyourwealthymindset.com

Brent talks about what tax planning can happen AFTER the client has already signed the deal to sell a large asset. He talks about the difference between income and estate tax planning. He then discusses terms of the deal, installment method, QSBS, charitable giving, charitable lead annuity trusts, and how discounts may still be available on gifts, even after the ink is dry.

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What are the pros and cons if Chip uses the money in his taxable brokerage account for early retirement income? Jack and Sally ask Joe and Big Al to spitball on whether they can retire around age 55 or 60, and whether they should max out their Roth or convert to Roth, today on Your Money, Your Wealth® podcast 527 with Joe Anderson, CFP®, and Big Al Clopine, CPA. Plus, April and Andy ask the fellas to spitball on their dividend investing strategy, and Don wonders if a separately managed account (SMA) makes sense for his taxable account. (We'll also find out what an SMA is.) Free financial resources & episode transcript: https://bit.ly/ymyw-527 CALCULATE your free Financial Blueprint DOWNLOAD The Withdrawal Strategy Guide for free DOWNLOAD 10 Steps to Improve Investing Success for free WATCH Your 11-Step Path to Financial Freedom on YMYW TV ASK Joe & Big Al for your Retirement Spitball Analysis SCHEDULE your Free Financial Assessment SUBSCRIBE to YMYW on YouTube DOWNLOAD more free guides READ financial blogs WATCH educational videos SUBSCRIBE to the YMYW Newsletter Timestamps: 00:00 - Intro: This Week on the YMYW Podcast 00:52 - Pros and Cons of Using a Taxable Brokerage Account for Early Retirement Income? (Chip Skylark, Dimsdale) 13:24 - Watch Your 11-Step Path to Financial Freedom on YMYW TV, Calculate Your Free Financial Blueprint 14:27 - Is My Dividend Investing Strategy Missing Anything? (Andy & April, Knoxville, TN) 25:02 - Can I Retire Between Ages 55-60? Should I Max Out Roth Contributions, or Convert to Roth? (Jack & Sally, NC) 31:18 - Download the Withdrawal Strategy Guide and 10 Steps to Improve Investing Success for Free 32:03 - Does a Separately Managed Account (SMA) Make Sense for My Taxable Account? (Don, IA) 40:46 - Next Week on the YMYW Podcast

This week Cameron Christensen and Anthony Faso pull back the curtain on one of the most misunderstood aspects of Infinite Banking: policy loans. If you've ever been confused about how policy loans work, worried you're “borrowing from yourself,” or wondered if taking a loan will derail your policy's growth, this is the episode you need. Cameron and Anthony break down common misconceptions, explain the actual loan process, and offer practical advice and examples on how to use policy loans for building wealth and achieving passive income. Whether you're new to Infinite Banking or a seasoned policyholder, you'll walk away with clarity and confidence on leveraging this powerful financial tool. Resources: Join the Infinite Wealth Study Group: https://www.facebook.com/share/g/qC3sAWg6PhHYpRAs/  Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast Check our online course at www.InfiniteWealthCourse.com Buy Becoming Your Own Banker by R. Nelson Nash http://bit.ly/BYOBbookIWC 

Send us a textIn this episode of The Retire Early Retire Now podcast, host Hunter Kelly, certified financial planner, delves into strategies for high-income earners to achieve early retirement in their fifties comfortably and confidently. Key topics include the three essential retirement accounts (employer retirement plans, Roth IRAs, and taxable brokerage accounts), investment strategies balancing growth and stability, diversification, and liquidity. Hunter also discusses tax planning tactics and milestones for those in their thirties, forties, and fifties to stay on track for early retirement. This detailed guide emphasizes the importance of early and aggressive saving, avoiding lifestyle creep, and the need for continuous financial education and planning.00:00 Welcome to The Retire Early Retire Now Podcast00:18 Introduction to Early Retirement Planning01:19 Key Retirement Accounts for Early Retirement07:13 Investment Strategies for Early Retirement13:11 Avoiding Common Investment Traps16:04 Tax Planning for Early Retirement20:47 Laying the Foundation for Early Retirement26:57 Milestones for Your 30s, 40s, and 50s31:07 Conclusion and Next StepsCheck out the Palm Valley Wealth Management WebsitePalmValleywm.comCheck us out on InstagramLinkedIn FacebookListen to the Podcast Here! AppleSpotify

QFF: Quick Fire Friday – Your 20-Minute Growth Powerhouse!   Welcome to Quick Fire Friday, the Grow A Small Business podcast series that is designed to deliver simple, focused and actionable insights and key takeaways in less than 20 minutes a week.   Every Friday, we bring you business owners and experts who share their top strategies for growing yourself, your team and your small business. Get ready for a dose of inspiration, one action you can implement and quotable quotes that will stick with you long after the episode ends!   In this episode of Quick Fire Friday, host Amanda Jones interviews Nathan McGrath, founder of Outside The Square Accounting, Nathan shares his experience as a small business owner and highlights the importance of anticipating future needs and automating finances for success. He advises businesses to seek the right advice early and focus on forward planning rather than dwelling on past issues. McGrath also touches upon key financial documents like the balance sheet and forecast, and the value of open communication with an accountant without fear of judgement. Key Takeaways for Small Business Owners: Don't Delay, Get Advice Early: Successful businesses seek the right advice before making decisions—not after. Engage your accountant early to help you anticipate challenges and opportunities.   Automate Your Finances: Save time and reduce errors by automating financial reporting and processes. Let important insights land in your inbox without lifting a finger.   Know Your Numbers Weekly: Spend at least 15 minutes a week reviewing your financials—especially actuals vs. forecasts. This keeps you aligned and helps you catch issues before they escalate. Our hero crafts outstanding reviews following the experience of listening to our special guests. Are you the one we've been waiting for? Financial Documents That Matter: Focus on the balance sheet (your GPS), a forecast (your roadmap), and track ATO and super obligations. These provide clarity and prevent future surprises.   Your Financial Data is Just Facts – No Shame: Don't fear judgment over debt or messy records. A great accountant sees these as facts to work with—not flaws to criticize. The goal is solutions, not shame.   Use Tools That Talk to Each Other: When choosing software, ensure it integrates well with your existing systems. Time-saving connections—like syncing customer info across tools—can be game-changers. One action small business owners can take: One action small business owners can take, according to Nathan McGrath, is to start forecasting now. Rather than only reflecting on past performance, looking ahead with a simple financial forecast helps anticipate tax obligations, manage cash flow, and make smarter business decisions with confidence. Do you have 2 minutes every Friday? Sign up to the Weekly Leadership Email. It's free and we can help you to maximize your time. Enjoyed the podcast? Please leave a review on iTunes or your preferred platform. Your feedback helps more small business owners discover our podcast and embark on their business growth journey.

Erik Oliver, Vice President of National Accounts at Cost Segregation Authority, dives deep into the benefits and processes of cost segregation in real estate. He clarifies how this tax strategy can accelerate depreciation, reduce tax liability, and enhance cash flow for property owners. With new tax policies on the horizon, understanding these advantages is more crucial than ever.   Key Takeaways To Listen For What is cost segregation? Cash flow benefits of accelerated depreciation A strategy for managing large capital gains and tax liabilities How shifts in political climate can affect tax benefits Expert advice for new investors   Resources/Links Mentioned In This Episode Tax-Free Wealth by Tom Wheelwright | Kindle and Paperback   About Erik Oliver​Erik Oliver serves as the Vice President of National Accounts at Cost Segregation Authority, a national provider of cost segregation services that help building owners maximize tax benefits through specialized depreciation strategies. With a solid accounting background, Erik educates commercial real estate owners nationwide on tax deductions, simplifying complex tax incentives. He is a sought-after speaker at regional and national events, sharing his expertise on accelerating depreciation, minimizing tax liabilities, and optimizing wealth building. In addition to his role at Cost Segregation Authority, Erik holds a Bachelor of Applied Science in Accounting from Westminster College. Before joining the company, he gained valuable experience in operations management. His practical knowledge and ability to simplify complex tax incentives make him a sought-after speaker at regional and national events. His work helps real estate investors accelerate depreciation, minimize tax liabilities, and optimize wealth building.   Connect with Erik Website: Cost Segregation Authority LinkedIn: Erik Oliver   Connect With UsIf you're looking to invest your hard-earned money into cash-flowing, value-add assets, reach out to us at https://bobocapitalventures.com/.   Follow Keith's social media pages LinkedIn: Keith Borie Investor Club: Secret Passive Cashflow Investors Club Facebook: Keith Borie X: @BoboLlc80554

Just about every week here on YMYW, Joe and Big Al talk about converting your retirement savings to Roth accounts. But why? What's the big deal? Today the “IRA guru” Ed Slott, CPA returns to Your Money, Your Wealth® in podcast number 526 with Joe Anderson, CFP® and Big Al Clopine, CPA to tell us why he calls the Roth IRA “the greatest account ever created.” (Here's a hint: it's all about having tax-free income in retirement - and beyond.) Plus, where to prioritize saving for retirement? Jerry Tom in St. Louis wants to know. Are Christian and Tiffany in Montana on track for retirement, and should they rebalance their ETFs? Should Frank in Lake Wobegon's wife take her teachers' salary over 9 months or 12 months? And finally, Jon thinks the target retirement withdrawal rates Joe and Big Al use to spitball are too low - we'll see what they think. Free financial resources & episode transcript: https://bit.ly/ymyw-526 DOWNLOAD The Complete Roth Papers Package CALCULATE your Financial Blueprint WATCH Don't Let These 10 Risks Break Your Retirement on YMYW TV ASK Joe & Big Al for your Retirement Spitball Analysis SCHEDULE your Free Financial Assessment SUBSCRIBE to YMYW on YouTube DOWNLOAD more free guides READ financial blogs WATCH educational videos SUBSCRIBE to the YMYW Newsletter Timestamps: 00:00 - Intro 00:59 - Ed Slott, CPA on the Roth IRA, the Future of Taxes, the Death of the Stretch IRA, and Naming a Trust as Your Retirement Account Beneficiary 19:44 - Download The Complete Roth Papers Package for free 20:37 - Where to Prioritize Saving for Retirement? (Jerry Tom, St. Louis) 28:57 - Are We on Track for Retirement? Should We Rebalance Our ETFs? (Christian & Tiffany, Montana) 40:43 - Watch Don't Let These 10 Risks Break Your Retirement on YMYW TV, Calculate Your Free Financial Blueprint 41:44 - Is It Better to Take Teachers' Salary Over 9 Months or 12? (Frank, Lake Wobegon - voice) 45:32 - Withdrawal Rates Are Very Low on YMYW (Jon, Twitter & Apple Podcasts) 49:46 - YMYW Podcast Outro

Cameron and Anthony interview Craig Ballantyne, digging into his journey from self-described undisciplined binge-drinker to published author and high-performance mentor. Learn why systems—not sheer willpower—create sustainable success. Discover how Craig's "elimination, preparation, and connection" approach works for breaking bad habits, achieving financial goals, and focusing on what matters most. They also explore the danger of “good” goals getting in the way of truly great results, and why planning, accountability, and community are the real game changers. Resources: Learn more and connect with Craig: https://www.earlytorise.com/ Buy Craig's book here: https://darksideofdiscipline.com/success/ Join the Infinite Wealth Study Group: https://www.facebook.com/share/g/qC3sAWg6PhHYpRAs/ Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast Check our online course at www.InfiniteWealthCourse.com Buy Becoming Your Own Banker by R. Nelson Nash http://bit.ly/BYOBbookIWC 

Jim and Chris discuss listener questions relating to tax planning at full retirement age, the minus-one method for RMDs, inherited Roth RMDs, and early Social Security. (9:10) A listener jokes about the state trivia and offers a suggestion for Chris's benefit.(11:10) Another listener shares a PSA about delays in online Social Security applications and recommends […] The post Tax Planning, Minus-One Method, Inherited Roth RMDs, and Early Social Security: Q&A #2516 appeared first on The Retirement and IRA Show.

Tariffs, inflation, healthcare costs... how do you shift from saving to spending in retirement while managing risks like these? Jamie Hopkins is a CERTIFIED FINANCIAL PLANNER® professional, an attorney, and best-selling author of Find Your Freedom and Rewirement: Rewiring the Way You Think About Retirement. He returns to the show today on Your Money, Your Wealth® podcast 525 with Joe Anderson, CFP® and Big Al Clopine, CPA, to share insights on how to rewire your retirement plans. Plus, how should Fred and Ginger in Huntington Beach, California, pay for repairs on their rental properties? How can Peter Lemonjello manage taxes in his early retirement with 72(t) elections, rental income, and an installment sale? Can Calvin and Susie in Lancaster, Pennsylvania, buy an $800,000 beach house - and should they? Free financial resources & episode transcript: https://bit.ly/ymyw-525 DOWNLOAD The Recession Protection Guide WATCH the Market Volatility webinar with Joe Anderson, CFP® and Brian Perry, CFP®, CFA from Pure Financial Advisors on demand  DOWNLOAD 10 Tips for Real Estate Investors WATCH How Your Home Can Create Retirement Income on YMYW TV ASK Joe & Big Al for your Retirement Spitball Analysis SCHEDULE your Free Financial Assessment SUBSCRIBE to YMYW on YouTube DOWNLOAD more free guides READ financial blogs WATCH educational videos SUBSCRIBE to the YMYW Newsletter Thanks to Million Podcasts for ranking YMYW in several of their "Best of" lists! Read more. Timestamps: 00:00 - Intro 00:59 - Rewiring Spending and Managing Risk in Retirement with Jamie Hopkins Esq., LLM, CFP®, ChFC®, CLU®, RICP® 24:07 - Watch the Market Volatility Webinar On Demand, Download the Recession Protection Guide 24:52 - How Should We Pay for Repairs on Rental Properties? (Fred & Ginger, Huntington Beach, CA) 33:06 - Early Retirement Taxes: 72(t) Timing, Installment Sale, and Rental Income (Peter LemonJello, FL) 44:02 - Watch How Your Home Can Create Retirement Income on YMYW TV, Download 10 Tips for Real Estate Investors 44:33 - Can and Should We Buy an $800K Beach House? (Calvin and Susie, Lancaster, PA) 53:33 - YMYW Podcast Outro

Episode 319 features Alex Davis of AGA Tax and Consulting Services. With tax season here, we're sharing tax planning tips for entrepreneurs. Listen now!Alex C. Davis is a CPA and CERTIFIED FINANCIAL PLANNER™ helping women entrepreneurs master tax strategy and build lasting wealth. As a single mom who paid off $50K in debt and grew a $300K+ net worth, she brings both expertise and empathy to every client she serves.For full episode show notes, visit here.Watch the full interview on our YouTube channel! Subscribe here.