Podcasts about tax returns

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Best podcasts about tax returns

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Latest podcast episodes about tax returns

Inner Edison Podcast by Ed Parcaut
How Tax Strategist Jeff Trapp Built a Successful Firm and Learned From Failure

Inner Edison Podcast by Ed Parcaut

Play Episode Listen Later Jun 17, 2025 38:48


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:** -

Physician Empowerment
69 - What You Might've Left Off Your Last Tax Return with Obed Maurice

Physician Empowerment

Play Episode Listen Later Jun 15, 2025 38:11


Want to dive deeper into topics like this? Master your journey with Physician Empowerment's Masterclass Membership—your gateway to exclusive content, expert-led sessions, and actionable strategies to elevate your personal and financial well-being. Learn more and join us today! https://www.physempowerment.ca/masterclass—In this episode, Dr. Wing Lim welcomes Obed Maurice, CPA, CA, CFP, and founder of financial wellness tech startup MaximONE, to Physician Empowerment to share tax insights. Obed talks about his career journey, which led him from a very lucrative position at an accounting firm to founding his own more holistic business model that focuses on a comprehensive view of client finances. He explains how his firm differs from more traditional accounting firms and how that leads his team to be able to understand tax insights that other firms may miss.    Wing and Obed discuss in practical terms how Obed's approach to clients differs, and how he spends a significant amount of time getting to know the client and their overall situation during discovery. His team focuses more on total wealth planning instead of just tax filing year to year. Obed offers advice from his experience on things everyone should be looking at in terms of tax planning, from deferred income and salaries versus dividends to estate planning and income splitting opportunities. He explains to Wing that the simplicity of financial hygiene and long-term impact lead to a greater return on investment and the right tax strategy is very much part of that equation. This episode gives valuable insights into what to look for in terms of overall accounting practices that take more than just a single tax return into consideration year by year.About Obed Maurice: Obed Maurice, CPA, CA, CFP, stands out as an accomplished holistic financial planner with a wealth of experience and a commendable track record. Holding the distinguished credentials of a Certified Public Accountant (CPA) since 2010, Obed has held significant roles, including that of Chief Operating Officer for a prominent ultra high-net-worth family office and later, as a partner in a mid-sized CPA firm. His entrepreneurial spirit led him to establish one of Canada's pioneering cloud-based CPA firms, a venture that saw successful acquisition in 2018. Furthering his innovative pursuits, Obed launched MaximONE, a tech startup dedicated to automating financial wellness and offering proactive advice.Obed's contributions to the field have not gone unnoticed; he has been honored with the CPA Distinguished Service Award by CPA Alberta and the Career Virtuoso Award by Lethbridge College, underscoring his exceptional service and dedication to his profession. As a holder of CPA, CA, and CFP designations, Obed's passion lies in empowering individuals to unlock their potential through sound financial planning.His philosophy towards financial planning is deeply personal, drawing from the comprehensive and holistic needs of his own family. Obed excels in assisting entrepreneurs and professionals in amplifying the value of their life's work, guiding them in wealth creation and preservation through meticulous planning, strategic,, holistic approaches, and a dedicated team to bring plans to fruition.Beyond his professional endeavours, Obed's personal life is enriched by his roles as a husband and father to a young daughter. He is deeply committed to community service, actively participating in volunteer activities and contributing positively to society.__Resources discussed in this episode:Obed Maurice on LinkedInMaxim Advisory Group__Physician Empowerment: Attend an upcoming Empowerment RetreatJoin the Physician Empowerment Masterclass nowWebsite: PhysEmpowerment.ca

Hey Moms in Business
From Tax Returns to Sold-Out Retreats: How Barb Built a Magnetic Brand and Business

Hey Moms in Business

Play Episode Listen Later Jun 12, 2025 29:21


In this inspiring episode, we sit down with Barb, a former accountant turned powerhouse tax strategist and retreat host, who shares how she transformed her career—and brand—through authenticity, strategy, and showing up in the right rooms. From gaining her first clients through social media and word-of-mouth in the MLM space to hosting sold-out retreats in places like NYC, Barb unpacks the marketing moves that made it all happen. We also dive into fun (and unexpected) tax write-offs, how real estate agents can expand their income streams, and why retreats aren't just a tax deduction—but a smart business move. Whether you're an entrepreneur, agent, or coach, this episode is packed with golden takeaways you won't want to miss.Show Notes:How Barb transitioned from corporate accounting to entrepreneurship and built her own tax strategy firmThe impact of social media, referrals, and MLMs on growing her client base organicallyStrategic tax tips specifically tailored for real estate agents and small business ownersA behind-the-scenes look at planning and hosting successful business retreatsThe importance of being in the right rooms and environments to elevate your brand and businessFollow us on Instagram! Podcast: @‌momsinrealestateHost: @‌heykristencantrell @‌thehellocultureGuest: @yourtaxcoach Check out our amazing sponsors: Your Tax Coach // Professional Tax Accountants. We're not just saving you money, we're changing lives! @‌yourtaxcoach‌ Reel Social Agent // Social Media Mentors for Real Estate Pros Helping Real Estate Pros turn their social media into their best calling card! @‌reelsocialagent Colibri Real Estate // The online real estate school committed to flexibility. Click HERE to check out their amazing courses!

SBS Persian - اس بی اس فارسی
پایان سال مالی در استرالیا و آنچه درباره مطالبه هزینه های کار از خانه باید بدانید

SBS Persian - اس بی اس فارسی

Play Episode Listen Later Jun 12, 2025 14:46


آرام آرام به پایان سال مالی در استرالیا نزدیک می شویم. یکی از موضوعاتی که در پایان سال مالی همواره برای بسیاری از افراد مهم است، موضوع کار از منزل و مطالبه هزینه های آن در هنگام تسلیم اظهارنامه های مالیاتی خود در زمان تسویه حساب مالیاتی (Tax Return) است.

CPA Trendlines Podcasts
What Happens in Vegas… Gets Reported on a Tax Return | ARC

CPA Trendlines Podcasts

Play Episode Listen Later Jun 12, 2025 37:48


You can serve brothels, cannabis firms, and poker pros—just don't cross the legal line.Accounting ARCWith Liz Mason and Byron PatrickCenter for Accounting TransformationAccountants are often seen as the gatekeepers of financial integrity—but what happens when the client operates a strip club, sells cannabis, or works in legal sex work? In the latest episode of Accounting ARC, Liz Mason, CPA, and Byron Patrick,CPA.CITP, CGMA, challenge the idea that “sin” industries are off-limits for ethical professionals. Their message: legality, transparency, and harm reduction matter more than personal judgment. MORE Accounting ARC: Burount, Be Gone: Accounting Needs a Boundary Breakthrough | The Ultimate Business Hack You're Probably Ignoring | Resilience, Real Talk, and the Road to Mental Wellness | Blockchain Could Still Reshape Accounting | What Gen Z Wants from Business | Firm Differentiation Depends Upon Client Service | Ron Baker: Surviving Tariff Turmoil | Are We Ready for the Hidden Risks of AI in Accounting? | The Research Imperative: Why Data Drives Accounting Success | How Coaching Can Unlock Professional Success | Demystifying Accounting Governance | Top 10 Red Flags to Watch for in Accounting Offices | Jeremy Dubow: Private Equity as a Catalyst for Growth |Mason, founder and CEO of High Rock Accounting, has worked with legal sex workers and cannabis companies. She says she doesn't shy away from these clients. “All companies have a right to good advice,” she says, stressing that ethical boundaries depend more on legality and transparency than personal judgment.Patrick, CEO of VERIFYiQ and educator and co-founder of TB Academy, echoes the sentiment. “Is it legal, or is it not?” he asks. “That's a pretty clear ethical line.”

Why Not Mint Money
What freelancers need to know when filing their tax returns?

Why Not Mint Money

Play Episode Listen Later Jun 10, 2025 14:47


In this episode of Why Not Mint Money, host Jash in conversation with Mumbai-based chartered accountant Arun Kansar to demystify the process of income tax filing for freelancers. From understanding eligible deductions to navigating common pitfalls, this conversation is packed with practical advice to help freelancers stay compliant and make the most of their tax returns. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Logan Allec Show
Which Address Should You Use on Back Tax Returns?

The Logan Allec Show

Play Episode Listen Later Jun 6, 2025 3:18


Have you moved and are worried about how to do your taxes? Here is all you need to know! Do you have unfiled tax returns that need filing? Call us at 866-8000-TAX or fill out the form at https://choicetaxrelief.com/If you want to see more…-YouTube:    / @loganallec  -Instagram: @ChoiceTaxRelief @LoganAllec -TikTok: @loganallec-Facebook: Choice Tax Relief // Logan Allec, CPA -Reddit: u/Logan_Allec

Goldstein on Gelt
Tired of Filing Two Tax Returns in Israel?

Goldstein on Gelt

Play Episode Listen Later Jun 5, 2025 16:43


Tax rules shouldn't hold you back from building a life abroad, but for many Americans living overseas, that's exactly what happens. Marylouise Serrato of American Citizens Abroad (ACA) unpacks the real struggles expats face, from filing U.S. tax returns while living abroad to dealing with confusing rules around foreign investments. Sound overwhelming? Well change might finally be on the way. From the fight to end worldwide taxation to surprising pitfalls like PFICs and foreign pension plans, this episode sheds light on what's broken and what's being done to fix it. If you're juggling Israeli life with American tax rules, this one's a must-listen. Key Takeaways: Citizenship-based taxation is outdated and creates financial headaches for Americans abroad. Investing outside the U.S. can trigger unexpected tax problems if you're not careful. A push for residence-based taxation could bring long-overdue relief for expats. Want clarity on your personal situation? Book your free Cross-Border Financial Evaluation today! Disclaimer: This article is meant for educational purposes only. It's not financial, legal, or tax advice. For personalized help, speak with a qualified professional.

Brian Carlton: The Spoonman
Maximise your tax return by donating to Cancer Council Tasmania

Brian Carlton: The Spoonman

Play Episode Listen Later Jun 4, 2025 3:28


Ali Lai, CEO of Cancer Council Tasmania, joins Kaz and Tubes to detail how making a donation before June 30 can help you get the most out of your tax return.See omnystudio.com/listener for privacy information.

Coach Carson Real Estate & Financial Independence Podcast
#413: DSCR Loans Explained: How to Qualify Without a W2 or Tax Returns

Coach Carson Real Estate & Financial Independence Podcast

Play Episode Listen Later May 26, 2025 56:39


⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom: https://coachcarson.com/rpm  

Clear Money Talk
Are You Maximizing Your Tax Return This Year?

Clear Money Talk

Play Episode Listen Later May 26, 2025 40:13


Let's be honest—tax season doesn't exactly spark joy. But there's a lot more to it than just plugging numbers into a software and hitting “submit.” In this episode, Tim Clairmont MSFS™, LACP™, and Tyler Andrews CFP® sit down to unpack some of the real questions people are asking right now: Are you withholding too much or too little from your paycheck? Are there deductions or credits you're overlooking? Could a few small adjustments now save you headaches (and maybe dollars) next year? 

Clear Money Talk
Just The Answer: Are You Maximizing Your Tax Return This Year?

Clear Money Talk

Play Episode Listen Later May 26, 2025 7:21


Let's be honest—tax season doesn't exactly spark joy. But there's a lot more to it than just plugging numbers into a software and hitting “submit.” In this episode, Tim Clairmont MSFS™, LACP™, and Tyler Andrews CFP® sit down to unpack some of the real questions people are asking right now: Are you withholding too much or too little from your paycheck? Are there deductions or credits you're overlooking? Could a few small adjustments now save you headaches (and maybe dollars) next year? 

The Bookkeepers' Podcast
Episode 322: Breast Feeding and Tax Returns

The Bookkeepers' Podcast

Play Episode Listen Later May 21, 2025 32:31


In this episode of The Bookkeepers' Podcast, Jo Wood and Zoe Whitman go behind the scenes of building bookkeeping businesses as new mums, sharing honest reflections on parenting, burnout, and self-employment. Recorded live at the Festival of Accounting and Bookkeeping, this TMI-style episode peels back the curtain on juggling VAT returns while breastfeeding, feelings of imposter syndrome despite having qualifications, and the emotional and physical toll of trying to “do it all”. Jo shares the early days of her career, including attending accountancy college around full time work, setting up her business, and losing her confidence after a difficult personal loss. Zoe talks about starting out without experience in practice and how lack of confidence led her to re-take qualifications she already had. This heartwarming, sometimes hilarious, and deeply relatable episode shows the reality of running a business around family life—and why prioritising yourself can lead to better outcomes for everyone. What Listeners Will Learn: The real challenges of growing a business while parenting young children How imposter syndrome shows up, even with multiple qualifications Why confidence is critical to marketing, pricing, and growth The benefits of subcontracting early on in your bookkeeping career How sharing your story and being honest can build deeper connections The importance of building a business around your values and ideal clients Signs of burnout and why putting yourself first helps everyone else too ----------------------------------------------- About us We're Jo and Zoe and we help bookkeepers find clients, make more money and build profitable businesses they love. Find out about working with us in The Bookkeepers' Collective, at: 6figurebookkeeper.com/collective ----------------------------------------------- About our Sponsor This episode of The Bookkeepers' Podcast is sponsored by Xero. Get 90% off your first 6 months by visiting: https://xero5440.partnerlinks.io/6figurebookkeeper ----------------------------------------------- Promotion This video contains paid promotion. ----------------------------------------------- Disclaimer The information contained in The Bookkeepers' Podcast is provided for information purposes only. The contents of The Bookkeepers' Podcast is not intended to amount to advice and you should not rely on any of the contents of the Bookkeepers' Podcast. Professional advice should be obtained before taking or refraining from taking any action as a result of the contents of the Bookkeepers' Podcast. The 6 Figure Bookkeeper Ltd disclaims all liability and responsibility arising from any reliance placed on any of the contents of the Bookkeepers' Podcast.

The Front
Have hackers stolen your tax refund?

The Front

Play Episode Listen Later May 18, 2025 13:37 Transcription Available


Hackers have harvested potentially millions of dollars from unsuspecting taxpayers by submitting bogus tax returns – and nobody knows how. Find out more about The Front podcast here. You can read about this story and more on The Australian's website or on The Australian’s app. This episode of The Front is presented and produced by Kristen Amiet, and edited by Joshua Burton. Our regular host is Claire Harvey and our team includes Lia Tsamoglou, Tiffany Dimmack, Stephanie Coombes and Jasper Leak, who also composed our music. See omnystudio.com/listener for privacy information.

The Most Dwanderful Real Estate Podcast Ever!
Money in the Walls: The Hidden Benefits of Commercial Real Estate - Kamyar Rezaie

The Most Dwanderful Real Estate Podcast Ever!

Play Episode Listen Later May 13, 2025 35:38 Transcription Available


Send us a textCurious about commercial real estate but unsure where to start? In this enlightening conversation, commercial lending expert Kamyar demystifies the process of acquiring commercial properties and reveals why they often represent superior investments to residential real estate.The financial advantages of commercial property ownership become immediately clear as Kamyar explains the hands-off nature of management - "You're literally just getting rent every month" while tenants handle most maintenance responsibilities. This stark contrast to the constant demands of residential properties makes commercial real estate particularly attractive for investors seeking passive income streams.Before taking the commercial plunge, prospective investors should perform crucial preparation steps. Reviewing credit reports, analyzing tax returns, and understanding different qualifying ratios for owner-occupied versus investment properties form the foundation of successful commercial investing. The conversation explores various financing options, from 25-year fixed SBA loans to conventional structures amortized over decades.Tax strategies emerge as a compelling reason to consider commercial investments. Cost segregation allows accelerated depreciation, while opportunity zones offer potential elimination of capital gains taxes after ten years of ownership. "I have clients that buy one or two buildings a year just to take advantage of cost segregation," Kamyar reveals, demonstrating how savvy investors leverage these advantages to rapidly expand their portfolios.The discussion extends beyond immediate benefits to long-term legacy planning. Establishing trusts that ensure properties remain family assets across generations creates true multigenerational wealth rather than temporary prosperity. First-time investors receive practical guidance: focus locally, determine your investment goals, and leverage free resources like LoopNet to identify properties.Ready to transform your financial future through commercial real estate? Connect with experts who can guide your journey and subscribe to continue exploring wealth-building strategies that stand the test of time. Thanks again for listening. Don't forget to subscribe, share, and leave a FIVE-STAR review.Head to Dwanderful right now to claim your free real estate investing kit. And follow:http://www.Dwanderful.comhttp://www.facebook.com/Dwanderfulhttp://www.Instagram.com/Dwanderful http://www.youtube.com/DwanderfulRealEstateInvestingChannelMake it a Dwanderful Day!

Politics Done Right
Trump will garnish your tax returns, wages, and pension to collect your student loans next month.

Politics Done Right

Play Episode Listen Later May 8, 2025 6:59


If you are behind on your student loan, your vote for Trump was likely a vote to get your wages, tax returns, and pension garnished.Subscribe to our Newsletter:https://politicsdoneright.com/newsletterPurchase our Books: As I See It: https://amzn.to/3XpvW5o How To Make AmericaUtopia: https://amzn.to/3VKVFnG It's Worth It: https://amzn.to/3VFByXP Lose Weight And BeFit Now: https://amzn.to/3xiQK3K Tribulations of anAfro-Latino Caribbean man: https://amzn.to/4c09rbE

Your Morning Show On-Demand
BONUS: What We Spend Our Tax Returns On Every Year

Your Morning Show On-Demand

Play Episode Listen Later May 6, 2025 1:52 Transcription Available


Do you spend or save your tax return every year? Join Intern John, Sos, and Rose as we share what we like to use our tax return for and more!Make sure to also keep up to date with ALL of our podcasts we do below that have new episodes every week: The Thought Shower Let's Get Weird Crisis on Infinite Podcasts

Mastering Your Small Business Finances ~ Money Management, Bookkeeping, Entrepreneurship, Payroll, Accounting, Cash Flow, Sol
299: Make Sure Your Books Match Your Tax Return Whether You Are Starting A Business Or Side Hustle, A Solopreneur, Entrepreneur, Mompreneur, Freelancer, Bookkeeper, VA Business Owner Or Self-Employed

Mastering Your Small Business Finances ~ Money Management, Bookkeeping, Entrepreneurship, Payroll, Accounting, Cash Flow, Sol

Play Episode Listen Later Apr 30, 2025 11:45


Now that the tax deadline is behind us, unless you filed an extension, it's time for you to make sure that your books match your tax return.  Most of my listeners on this podcast do their own bookkeeping for their business, and this is one of the steps that business owners are normally a little hesitant or unsure about how to handle.  By being proactive and learning the right way to take care of this situation, you'll be able to rely on your financial statements and utilize them in future planning for your business.  In today's podcast episode, I'm digging into how you should be recording any adjusting journal entries that should be made in your bookkeeping software so that your books match your tax return.  Whether you are starting a business or side hustle, you're a self-employed individual, a solopreneur, entrepreneur, mompreneur, freelancer, small business owner, a remote, virtual, online, or in-house bookkeeper, or a virtual assistant or VA; taking the initiative to ensure your books match your tax return is another way to Master Your Small Business Finances.  These tips are essential whether you are using a computerized software system like QuickBooks, Xero, Wave, FreshBooks, or HoneyBooks for your business finances; or doing your bookkeeping manually with an Excel spreadsheet or even a Google Document… Schedule your Complimentary Stress Audit And Clarity Session, where we'll work together to create a clear and focused plan and overcome the obstacles that stand in your way so that you can move forward and immediately start enjoying your life with less stress, increased productivity, and more time to spend doing what you love with the people you care about: https://www.financialadventure.com/work-with-me Accountants, CPAs, Bookkeepers, Tax Preparers & Financial Professionals, sign up here to get updates on upcoming opportunities & grab the Audit Of Your Well-Being & Balance Guide here: https://www.financialadventure.com/accountant Ready to set up your business?  I have a program to help you get your business set up so that you can start making money.  Sign up for this program here: https://www.financialadventure.com/start Are you ready to try coaching?  Schedule an Introductory Coaching Session today.  You'll have the opportunity to see how you like coaching with an Introductory Coaching Session: https://www.financialadventure.com/intro Join us in the Mastering Your Small Business Finances PROFIT LAB if you are ready to take control of your business finances and create the profitable business you are striving for.  Are you ready to generate revenues and increase the profit in your business: https://www.financialadventure.com/profit If You Are Ready To Choose, Start Or Grow Your Side Hustle, Get Your Free Checklist And Assessment Here: https://www.financialadventure.com/sidehustle Grab Your FREE guide:  5 Essential Strategies For Stress-Free Bookkeeping: https://www.financialadventure.com/5essentials Your FREE Online Virtual Bookkeeping Business Starter Guide & Success Path Is Waiting For You: https://www.financialadventure.com/starterguide Join Our Facebook Community:  https://www.facebook.com/groups/womenbusinessownersultimatediybookkeepingboutique The Strategic Bookkeeping Academy, including Bookkeeping Basics, is open for registration!  You can learn more and sign up here: https://www.financialadventure.com/sba Looking for a payroll solution for your business?  You can get an exclusive 15% discount on your payroll services when you sign up here: https://www.financialadventure.com/adp QuickBooks Online - Save 30% Your First 6 Months: https://www.financialadventure.com/quickbooks Sign up for a virtual coffee chat to see if starting a Bookkeeping Business is right for you: https://www.financialadventure.com/discovery Show Notes:  https://www.financialadventure.com This podcast is sponsored by Financial Adventure, LLC ~ visit https://www.financialadventure.com for additional information and free resources.

KPMG Tax Now
Meeting the ATO's employer expectations in preparing fringe benefits tax returns

KPMG Tax Now

Play Episode Listen Later Apr 30, 2025 24:46


As Australian business employers prepare their FBT returns, Australian Taxation Office (ATO) Assistant Commissioner for Superannuation and Employer Obligations Peta Lonergan provides KPMG Workplace Advisory Partner Hayley Lock and Employment Tax Director Stacey Biggar with key tax updates for internal teams and compliance areas of interest in 2025.   Subscribe to KPMG Tax Now to receive regular updates. 

Sunlight
My #1 Tip After Filing Your Taxes

Sunlight

Play Episode Listen Later Apr 29, 2025 17:25


In today's episode of the Sunlight Podcast, I'm sharing why it's so important to review your tax return—even after you've filed. We'll also chat about the power of taking a digital detox during the busy tax season to help you reset and recharge. I'll walk you through how to understand the key sections of your tax return, what tax estimates really mean, and how to reconcile what you owed with what you paid. Plus, I'm offering some simple, practical strategies for adjusting your future payments if your income changes—so you can feel more confident, prepared, and in control come tax time. Whether you're self-employed or just trying to make sense of your finances, this episode is here to support you! Also mentioned in today's episode:  00:00 Digital Detox: A Refreshing Break 02:02 Post-Tax Filing: Key Steps for Improvement 07:16 Understanding Your Tax Return: Key Insights 12:07 Adjusting for Future Taxes: Strategies for Success 15:43 Resources for Tax Management: Programs and Support   Takeaways Digital detox can improve mental clarity during tax season. Reviewing your tax return is crucial for financial planning. Understanding your tax return helps avoid future whammies. Taxes are retroactive; you only know your tax rate after the year ends. Your total tax owed is reconciled with what you've paid throughout the year. Aim to have your tax payments equal your total tax owed. Adjust your estimated taxes based on income fluctuations. Self-employed individuals must be proactive with tax payments. Utilizing tax programs can simplify the filing process. Seek help from tax education programs for better understanding.   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 podcast to new audiences.   Links: Link to pre-order my book, Taxes for Humans: Simplify Your Taxes and Change the World When You're Self-Employed. My On-demand class: Make Taxes Easier and Stash an Extra $152k in Your Savings Check out my program, Money Bootcamp Sunlight Podcast Episodes about Quarterly Taxes: Two Myths About Quarterly Taxes Avoid a Tax Bill: How to Start Estimated Quarterly Taxes How to Pay Quarterly Taxes When Your Income Changes

The Logan Allec Show
Once You Receive the 1058 Letter, Is It Too Late to File Tax Returns?

The Logan Allec Show

Play Episode Listen Later Apr 26, 2025 3:40


When is it "too late" to file your tax returns? Here is that answer! Do you have unfiled tax returns that need filing? Call us at 866-8000-TAX or fill out the form at https://choicetaxrelief.com/If you want to see more…-YouTube:    / @loganallec  -Instagram: @ChoiceTaxRelief @LoganAllec -TikTok: @loganallec-Facebook: Choice Tax Relief // Logan Allec, CPA -Reddit: u/Logan_Allec

STAR 99.9 Audio
Refund Ready: CT Food Girly's Luxe Restaurant Picks to Blow Your Tax Return In Style

STAR 99.9 Audio

Play Episode Listen Later Apr 22, 2025 7:21


Every Tuesday in The Feed @CTFoodGirly comes on to talk food, dining, and drinks here in Connecticut. This week we are talking about all the places that maybe are a bit out of your price range normally, but now that you have your tax refund it's time to splurge! Everywhere from Mohegan, to New Haven, down to Greenwich. Seafood towers, high end steaks, and every some larger than life cocktails.  Image credit: Getty Images

Business Essentials Daily
From tax returns to a seven-figure sale

Business Essentials Daily

Play Episode Listen Later Apr 20, 2025 8:59


Starting a firm with nothing but a printed leaflet and gritty determination, Melissa Browne built a thriving business by focusing on profitability and strategic growth. From helping clients with tax to coaching them on business success, she developed ground-breaking systems that revolutionised her practice. Melissa explains how she scaled, streamlined, and ultimately sold her firm for seven figures. Business Essentials Daily is produced by: SoundCartelsoundcartel.com.au+61 3 9882 8333See omnystudio.com/listener for privacy information.

Pop Goes The Culture Podcast
465. Pop Goes the Culture for Friday, April, 18th 2025: Tax Returns / BONUS: Lex Luger

Pop Goes The Culture Podcast

Play Episode Listen Later Apr 18, 2025 97:10


This week, we're taste testing Mtn Dew Baja Cabo Citrus, talking about the entertainment & pop culture news, spending tax refunds that we don't have, and more. As a bonus, we're bringing you our Q&A with Lex Luger, who is being inducted into the WWE Hall of Fame this weekend. Join us!Speaking of the WWE -- join us for FREE on the Pop Goes the Culture KOSMI channel this Saturday and Sunday for our WrestleMania 41 watch party and discussion. Check it out at https://kosmi.to/@popgoesthecJoin the discussion on the Pop Goes the Culture Discord server as we move away from traditional social media platforms. Join us for FREE at https://discord.gg/VCsxG3sP

The Money
TikTok vs Louis Vuitton: How China's revenge tariffs are crashing the luxury market

The Money

Play Episode Listen Later Apr 17, 2025 28:34


What do luxury handbags and kids' colouring books have in common? They're both caught up in the latest economic crossfire. Then, we unpack the economic chaos of an election campaign full of promises, including a $1,000 no-questions-asked tax deduction. Plus, Australia's very own Future Fund fantasies: who's really winning, and are you one of them?Guests:Megan Flamer - Innovation specialist with Monash Business School Emilia Terzon - ABC national business reporterGet in touch: We read all of your emails, and appreciate each one. Please keep them coming theeconomy.stupid@abc.net.au or use the #PeterMartinEconomy on Instagram to get our attention. 

More Than Money
Episode 357 | Rating The Worst Ways To Spend Your Tax Return

More Than Money

Play Episode Listen Later Apr 16, 2025 36:01


Don't waste your tax return! In this fun episode, Art and Matt rate various ways to spend your tax refund—some smart, some... not so much. They also tackle a listener's question about how to financially prepare for buying a home. Tune in for plenty of laughs and helpful insights!Resources:8 Money MilestonesAsk a Money Question!

Music Studio Startup: Helping music teachers thrive as entrepreneurs
164 - Andrea Miller on Business Insights from Tax Returns + Workshop Invite [REBROADCAST]

Music Studio Startup: Helping music teachers thrive as entrepreneurs

Play Episode Listen Later Apr 16, 2025 10:12


This time of year I get a lot of financial questions from teachers. We've just gotten through the holiday spending spree, new year's might have inspired some financial goal-setting, and then there's the looming tax deadline in April, so there's a lot to think about. Sometimes the questions I get are really specific to an individual, but lately a bunch of clients and listeners have said “hey, you talk about reviewing financials on a regular basis as a way of getting more familiar with my financial picture, but what exactly should I be reviewing?” And they're totally right, I haven't been very specific here. So today I'm going to do that. I'm going to show you how to find some key numbers on your tax return that can give you powerful insights into your business and personal finances. A full transcript along, with printable + digital resources to supplement this episode, can be found at MusicStudioStartup.com/episode164.  

The Logan Allec Show
What to Do After You Just Filed 5 Years of Back Tax Returns

The Logan Allec Show

Play Episode Listen Later Apr 16, 2025 6:12


Did you just catch up on filing your back taxes? What are the next steps you should be taking? Find out everything you need to know now! Do you have tax debt? Call us at 866-8000-TAX or fill out the form at https://choicetaxrelief.com/Do you have unfiled tax returns that need filing? Call us at 866-8000-TAX or fill out the form at https://choicetaxrelief.com/If you want to see more…-YouTube:    / @loganallec  -Instagram: @ChoiceTaxRelief @LoganAllec -TikTok: @loganallec-Facebook: Choice Tax Relief // Logan Allec, CPA -Reddit: u/Logan_AllecMentioned Video Link:-CP14 Notice From the IRS EXPLAINED: What It Is and What To Do!:    • CP14 Notice From the IRS EXPLAINED: W... 

Red Hot Real Estate
4/13/25: Making the Most of Your Tax Returns

Red Hot Real Estate

Play Episode Listen Later Apr 13, 2025 41:59


This week, Mimi and Phil go over how to make the most of your tax return this season, with special attention to our self-employed friends Learn more about your ad choices. Visit podcastchoices.com/adchoices

Red Hot Real Estate
4/13/25: Making the Most of Your Tax Returns

Red Hot Real Estate

Play Episode Listen Later Apr 13, 2025 41:59


This week, Mimi and Phil go over how to make the most of your tax return this season, with special attention to our self-employed friends Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

As the Drum Turns
267: Tariffs & Tax Returns

As the Drum Turns

Play Episode Listen Later Apr 11, 2025 14:38


In this episode of As the Drum Turns, Jeff & Lora cover the recent tariffs and the implications they might have on our business.

The Optometry Money Podcast
Strategic Tax Planning Levers in the Optometrist's Tax Return

The Optometry Money Podcast

Play Episode Listen Later Apr 11, 2025 20:52 Transcription Available


Questions? Thoughts? Send a Text to The Optometry Money Podcast!Are you pulling the right levers in your tax planning?In this episode, Evon walks through key strategic levers you can (and should) be using to improve your tax outcomes as an optometrist—especially if you're a private practice owner. aWhile most conversations focus on deductions, this episode takes a step back to look at the full tax picture and the levers that truly move the needle in your personal and practice finances.You'll learn:How the flow of a tax return works and why it matters for planningThe types of income that trigger different tax treatmentWhy Adjusted Gross Income (AGI) is one of the most important numbers to watchWhat to know about the Qualified Business Income (QBI) deduction—and how to avoid phasing outA strategic case study showing how one planning move unlocked multiple tax benefitsHow to think about tax payments, safe harbor rules, and avoiding surprises at tax time

Chris Hand
TPUSA Reporter Savanah Hernandez brings the latest on Jackson Hewitt aiding ILLEGALS in receiving tax returns to help them stay in the country.

Chris Hand

Play Episode Listen Later Apr 10, 2025 15:50


From Thursday on the Chris Hand Show | Aired on April 10, 2025See omnystudio.com/listener for privacy information.

Mastering Your Small Business Finances ~ Money Management, Bookkeeping, Entrepreneurship, Payroll, Accounting, Cash Flow, Sol
293: Tax Return Anxiety Whether You Are Starting A Business Or Side Hustle, A Solopreneur, Entrepreneur, Mompreneur, Freelancer, Bookkeeper, Virtual Assistant, Business Owner, Or Self-Employed

Mastering Your Small Business Finances ~ Money Management, Bookkeeping, Entrepreneurship, Payroll, Accounting, Cash Flow, Sol

Play Episode Listen Later Apr 9, 2025 13:41


The April 15th deadline is closing in on us quickly.  As a business owner, you have a lot of things you need to take care of, and filing your tax return is probably one of those things you put at the bottom of your list.  I get it, I understand how hard it can be, and I've talked to many business owners who dread filing their tax returns.  It is something that comes around every year, so you would think it would get easier, but every year the same feelings come up.  There are ways you can prepare for your taxes and avoid all those feelings you have.  Maybe for you, it is anxiety or dread.  For others, it may be confusion or overwhelm.  In today's podcast episode, I'm diving in and talking about a conversation I had last week with an entrepreneur that really surprised me.  I want to bring this situation up so that if you are feeling the same way this entrepreneur was feeling, I'm hoping I can help shift your perspective and help you make sure you are handling your business in the best way possible when it comes to the upcoming tax deadline.  Whether you are starting a business or side hustle, you're a self-employed individual, a solopreneur, entrepreneur, mompreneur, freelancer, small business owner, a remote, virtual, online, or in-house bookkeeper, or a virtual assistant or VA, the tax deadline will be here before you know it, and I want to make sure to help you avoid any additional stress and find out how you can avoid those negative feelings when preparing for your tax return.  These tips are essential whether you are using a computerized software system like QuickBooks, Xero, Wave, FreshBooks, or HoneyBooks for your business finances; or doing your bookkeeping manually with an Excel spreadsheet or even a Google Document… Schedule your Complimentary Stress Audit And Clarity Session, where we'll work together to create a clear and focused plan and overcome the obstacles that stand in your way so that you can move forward and immediately start enjoying your life with less stress, increased productivity, and more time to spend doing what you love with the people you care about: https://www.financialadventure.com/work-with-me Accountants, CPAs, Bookkeepers, Tax Preparers & Financial Professionals, sign up here to get updates on upcoming opportunities & grab the Audit Of Your Well-Being & Balance Guide here: https://www.financialadventure.com/accountant Ready to set up your business?  I have a program to help you get your business set up so that you can start making money.  Sign up for this program here: https://www.financialadventure.com/start Are you ready to try coaching?  Schedule an Introductory Coaching Session today.  You'll have the opportunity to see how you like coaching with an Introductory Coaching Session: https://www.financialadventure.com/intro Join us in the Mastering Your Small Business Finances PROFIT LAB if you are ready to take control of your business finances and create the profitable business you are striving for.  Are you ready to generate revenues and increase the profit in your business: https://www.financialadventure.com/profit If You Are Ready To Choose, Start Or Grow Your Side Hustle, Get Your Free Checklist And Assessment Here: https://www.financialadventure.com/sidehustle Grab Your FREE guide:  5 Essential Strategies For Stress-Free Bookkeeping: https://www.financialadventure.com/5essentials Your FREE Online Virtual Bookkeeping Business Starter Guide & Success Path Is Waiting For You: https://www.financialadventure.com/starterguide Join Our Facebook Community:  https://www.facebook.com/groups/womenbusinessownersultimatediybookkeepingboutique The Strategic Bookkeeping Academy, including Bookkeeping Basics, is open for registration!  You can learn more and sign up here: https://www.financialadventure.com/sba Looking for a payroll solution for your business?  You can get an exclusive 15% discount on your payroll services when you sign up here: https://www.financialadventure.com/adp QuickBooks Online - Save 30% Your First 6 Months: https://www.financialadventure.com/quickbooks Sign up for a virtual coffee chat to see if starting a Bookkeeping Business is right for you: https://www.financialadventure.com/discovery Show Notes:  https://www.financialadventure.com This podcast is sponsored by Financial Adventure, LLC ~ visit https://www.financialadventure.com for additional information and free resources.

Hold These Truths with Dan Crenshaw
The Policies Behind Your Tax Return | Adam Michel

Hold These Truths with Dan Crenshaw

Play Episode Listen Later Apr 8, 2025 38:46


Tax season is here, and so is the debate about what you owe and why. Cato Institute's Adam Michel joins us to break down the policies behind your tax return—from the 2017 Tax Cuts and Jobs Act to what's at stake if key provisions expire in 2025. We cover how the law affected everyday Americans, why claims about corporations and the rich not paying their “fair share” fall apart, and what an ideal tax system could actually look like.   Adam Michel is the Director of Tax Policy Studies at Cato Institute. Read his updates on tax and fiscal policies at https://adamnmichel.substack.com/ and follow him on X at @adamnmichel.

IN THE KNOW
Three jobs, two apartments, one tax return

IN THE KNOW

Play Episode Listen Later Apr 7, 2025 11:20


WBZ NewsRadio 1030 - News Audio
Procrastination Runs Rampant Ahead Of April 15 Tax Return Filing Deadline

WBZ NewsRadio 1030 - News Audio

Play Episode Listen Later Apr 7, 2025 0:43 Transcription Available


Monocle 24: The Globalist
Tax returns: Brace for more Trump tariffs 

Monocle 24: The Globalist

Play Episode Listen Later Apr 2, 2025 59:03


As US president Donald Trump gets ready to unveil his ‘reciprocal tariffs’, we take a look at the hardest-hit nations and industries. Then: China launches surprise military drills around Taiwan, Poland bolsters its defences and the latest transport news. Plus: Horse Meat Disco takes you to Brazil.See omnystudio.com/listener for privacy information.

Retire Smarter
Don't Panic: Navigating Market Downturns and Boosting After-Tax Returns

Retire Smarter

Play Episode Listen Later Mar 27, 2025 30:03


If the recent market drop has you feeling uneasy, you're not alone — but sharp swings are regularities you need to navigate. The S&P 500 and Nasdaq have both taken hits this year, but history shows that intra-year declines like these are common and something long-term investors have weathered time and again. In this episode, Tyler Emrick, CFA®, CFP®, breaks down recent market moves, highlights where diversification is working, and shares how tax strategies and disciplined rebalancing can help keep your investment strategy running smoothing and financial plan on track. Here's some of what we discuss in this episode:

15 Minutes of Finance
Not Filing Tax Returns as a Protest Against DOGE?? I'd Reconsider.

15 Minutes of Finance

Play Episode Listen Later Mar 26, 2025 19:15


Send us a textBrandon West, CPA walks you through various tax planning strategies to help you keep more of your hard-earned money. Today, we talk about the rising resistance against Elon Musk's DOGE initiative. Taxpayers are saying DO NOT FILE YOUR TAXES as a form of protest. Is this a good idea? Let's talk about whether the IRS is actually too belabored to come after you, and what the consequences of not filing taxes could be. Plus, did you know that investments in the S&P 500 at the same rate we contribute to social security would make the average American a millionaire in retirement?

The Millennial Mission Podcast - Parenting, Personal Finance, and Purpose for the Christian Millennial Couple
228. Whatchu Doin' With That Tax Return? - Debt Update

The Millennial Mission Podcast - Parenting, Personal Finance, and Purpose for the Christian Millennial Couple

Play Episode Listen Later Mar 25, 2025 31:40 Transcription Available


What are you doing with your tax refund this year?In this episode, we're getting real about our financial journey—how small, consistent habits have helped us make meaningful progress in paying down debt. We kick things off with a fun game (yes, it involves singing—and no, we're not auditioning for American Idol). Expect a few missed notes and a lot of laughs along the way.We also talk about the curveball we got during tax season when our refund didn't come through as expected, reminding us that it's better to make financial plans without banking on unexpected bonuses.It's the small, everyday choices that are making a difference: cutting back on meals out, checking in on our budget regularly, and avoiding credit card temptations. These simple habits are helping us inch closer to our goal. If you're navigating debt or just want some practical tips on making better financial choices, this episode is for you. Sometimes it's not about big changes, but the tiny ones that add up over time.Episode Highlights: Let's play a new game.Sharing a debt update.Whatchu doin' with that tax return?Links Mentioned in Episode/Find More on A Force to Be Reckoned With:Jointheforce.usFollow Bethany on Instagram @bethanyadkinsFollow Corey on Instagram @mrcoreyadkinsFind us on Youtube!Email Bethany at bethany@adkinsmedia.co This show has been produced by Adkins Media Co.

I Love Old Time Radio
The Adventures of Ozzie & Harriet - "Tax Return and the Blue Suit" (Ep1672)

I Love Old Time Radio

Play Episode Listen Later Mar 25, 2025 35:08


Ozzie has trouble deciding how to make out his income tax, Harriet can't decide on a blue or a gray suit.

Modern Family Matters
How An Unsuspecting “Innocent” Spouse Can Be Protected from a Tax Consequence on a Jointly Filed Income Tax Return

Modern Family Matters

Play Episode Listen Later Mar 24, 2025 24:00


Send us a textJoin us as we sit down with Enrolled Agent, and Founder of Golden Lion Tax Solutions, Morgan Q. Anderson, to discuss everything you need to know about Innocent Spouse Protection and Relief when filing jointly on an income tax return.As a leading divorce firm in Portland, our attorneys provide guidance on custody, alimony, separation, estate planning, and more. Learn what to expect in Oregon and Washington divorce cases and how we can help.If you would like to speak with one of our attorneys, please call our office at (503) 227-0200, or visit our website at https://www.pacificcascadelegal.com.To learn more about Morgan and how she can help you with your tax questions, you can visit her website at: https://www.goldenliontaxsolutions.com/Disclaimer: Nothing in this communication is intended to provide legal advice nor does it constitute a client-attorney relationship, therefore you should not interpret the contents as such.

Crushing Debt Podcast
Uncle Sam Wants You! ... to Pay Up - Episode 456

Crushing Debt Podcast

Play Episode Listen Later Mar 20, 2025 37:47


Did you get your 2024 Company Return filed on time in March, or at least get that extension filed? Did you already file your 2024 Personal Return, or are you waiting until the April deadline? What happens when you owe the IRS? This week's guest is Stephen Weisberg, who has over 10 years of experience representing individuals, businesses, and their owners with tax debt issues, audits, and other problems with the IRS and state taxes. Stephen is the lead attorney and founder of The W Tax Group. He works directly with clients and lead a team of attorneys, accountants, and administrative staff to help those with tax debt and other issues with the IRS or the state obtain the best possible outcomes. Shawn & Stephen talk about how tax obligations are created by: Improper Assessments Audits Unpaid taxes at the Federal and State levels Unpaid payroll taxes and the Trust Fund Recovery Penalty Unfiled Returns Plus we talk about some strategies for relieving the taxpayer from some of that debt, including negotiations with the IRS and Bankruptcy! You can reach Stephen through his website, www.Weisberg.Tax.  Let us know if you enjoy this episode and, if so, please share it with your friends! Please also visit our sponsor Sam Cohen of Attorneys First Insurance for Attorneys and Title Companies looking to get a quote on Errors & Ommissions (malpractice) Insurance coverage. www.AttorneysFirst.com.   Or, you can support the show by visiting our Patreon page: https://www.patreon.com/crushingDebt   To contact George Curbelo, you can email him at GCFinancialCoach21@gmail.com or follow his Tiktok channel - https://www.tiktok.com/@curbelofinancialcoach   To contact Shawn Yesner, you can email him at Shawn@Yesnerlaw.com or visit www.YesnerLaw.com. And please consider a donation to Pancreatic Cancer research and education by joining Shawn's team at MY Legacy Striders: http://support.pancan.org/goto/MYLegacy8  

Radio Sweden
North Macedonian burn victims treated at Stockholm hospital, over a million filed tax returns yesterday, golden discovery in Trollhättan

Radio Sweden

Play Episode Listen Later Mar 19, 2025 2:08


A round-up of the main headlines in Sweden on March 19th 2025. You can hear more reports on our homepage www.radiosweden.se, or in the app Sveriges Radio Play. Presenter/Producer: Kris Boswell.

Entrepreneur Money Stories
Maximizing Tax Deductions: The Smart Owner's Guide to Business Expenses – Ep. 214

Entrepreneur Money Stories

Play Episode Listen Later Mar 18, 2025 31:39 Transcription Available


When it comes to tax deductions and business expenses, business owners can often fall into two extreme mindsets, either trying to deduct everything under the sun or being too conservative and missing out on legitimate tax savings. In this episode, Danielle Hayden, CEO and founder of Kickstart Accounting, Inc., and Kelsey Chester, Kickstart's Lead Account Manager, break down tax deductions in a way that's clear and strategic. They'll walk you through what truly qualifies as a business expense, how to avoid common tax mistakes, and why smart financial planning is about more than just lowering your tax bill, while still claiming the savings you deserve. Key Takeaways:  Understand the “Ordinary & Necessary” Rule: The IRS allows deductions for expenses that are common in your industry and essential for running your business. If you can clearly explain the expense's purpose in an audit, you're likely in the clear! Avoid IRS Red Flags: Overspending on out-of-the-ordinary purchases or misclassifying personal expenses as business ones can trigger unwanted IRS attention. Your Business's Health & Goals Matter: Trying to write off too many personal expenses can hurt your ability to get business loans or sell your company later.  Separate Business & Personal Finances: Keep all business expenses on a business account or card to ensure clean, organized records. Your bookkeeper can only track and make deductions based on what they see in your business accounts.  Smart Travel Deductions: Business travel is deductible, but the primary purpose must be work-related. A "board meeting" at Disney with your family? Not so much. Invest in the Right Money Team: Your bookkeeper, accountant, and tax strategist should be working to keep your finances organized, tax-efficient, and strategically planned all year long, not just at tax time. Think Long-Term with Tax Strategy: Lowering your tax bill is great, but don't do it at the expense of your business's future. Plan ahead so deductions today don't limit growth opportunities tomorrow. Topics Discussed: What Qualifies as a Business Expense? (00:00:06 – 00:02:14) Finding the Right Balance with Business Expense Deductions (00:02:14 – 00:05:37) The Importance of Paying Yourself a Reasonable Compensation (00:05:37 - 00:07:45) Common Business Expenses & What You Should Be Deducting (00:07:45 – 00:12:55) Operating & Personal Expenses: What's Deductible? (00:12:55 – 00:20:52) Travel Expenses: What's Legitimate vs. What's Risky (00:20:52 – 00:22:54) Tax Strategy & Planning with Your Money Team (00:23:39 – 00:29:25)   Resources: Episode 211 | The Smart Way to File Taxes: Why Tax Extensions Are Better Than Last-Minute Filings Episode 212 | How to Pay Yourself as an S Corp Owner: Reasonable Compensation & Payroll Setup Episode 213 | The Tax Write-Offs You're Missing as a Business Owner Episode 126 | Small Business Gift Giving: A Holiday Tax Guide Episode 136 | Health Care Tax Deductions for Small Business Owners Explained  Episode 137 | Can You Legally Hire Your Children?: How to Pay Your Kids, Get Tax Advantages, & Create Generational Wealth Episode 188 | Beyond the Business: Preparing for a Secure Retirement   KSA Tax Partners | https://ksataxpartners.com/    Book a Call with Kickstart Accounting, Inc.: https://www.kickstartaccountinginc.com/book    Connect with Kickstart Accounting, Inc.: Instagram | https://www.instagram.com/Kickstartaccounting YouTube | https://www.youtube.com/@businessbythebooks  Facebook | https://www.facebook.com/kickstartaccountinginc  

the unconventional attorney
Extending Your Law Firm Tax Return is Not a Bad Thing.

the unconventional attorney

Play Episode Listen Later Mar 15, 2025 1:11


Extending Your Law Firm Tax Return is Not a Bad Thing. Law firm owner with a trust account? Want to know an EASY way to reconcile your account and avoid the big bad bar association? Check out my new guide - Trust Account Reconciliation Made Easy: 3 Simple Steps + a Cheatsheet to Keep You Compliant - https://bigbirdaccounting.com/trustaccount

The Best One Yet

Energy drink Alani Nu sold to Celsius for $1.8B… so we explain how to pick an acquisition price.Alibaba is the Amazon of China & its stock has doubled… because AI is its new religion.We just found the ROI on the IRS… For every $1 we put into the IRS, we get $12 back.Plus, Birkenstock just argued to a judge that its sandals should legally be art…$CELH $BABA $BIRKWant more business storytelling from us? Check out the latest episode of our new weekly deepdive show: The untold origin story of… the Patagonia Fleece

Retirement Starts Today Radio
7 Inefficiencies on Rich Retirees' Tax Returns, Ep #389

Retirement Starts Today Radio

Play Episode Listen Later Feb 24, 2025 22:27


Click here to work with us! A lot of retirees assume their tax situation gets simpler once they stop working, but that's not always the case. There are plenty of ways high-net-worth retirees end up paying more than they need to—sometimes without even realizing it.  Maybe it's interest and dividend income getting taxed at higher rates, or IRA withdrawals happening earlier than necessary. Maybe it's something as simple as missing the right way to report charitable giving. These things add up, and over time, they can quietly eat away at retirement savings. Some of the biggest inefficiencies show up on tax returns in ways people don't always expect. Social Security benefits taken too soon, mutual funds kicking off surprise capital gains, or estimated tax payments falling short and triggering penalties—it all matters.  There are ways to structure income, investments, and withdrawals to keep more of what's earned, but they take a little planning. The goal isn't just to minimize taxes for the sake of it, but to make sure every dollar is working as efficiently as possible. Most of these inefficiencies can be fixed with a few small adjustments. Some require a different way of thinking about income in retirement, others just mean taking advantage of tax rules that are already there. Either way, it's worth a closer look. A little awareness now can mean thousands saved over the years.  Outline of This Episode (0:00) Inefficiencies on Rich Retirees' Tax Returns (4:07) Top tax inefficiencies: Interest, dividends, and premature IRA withdrawals (6:52) Charitable distributions, Social Security timing, and phantom capital gains (9:33) Capital gains, charitable intent, and avoiding underpayment penalties (12:24) Listener question: Travel spending habits of wealthy retirees (19:05) Listener question: Callable CDs and interest rate risk (21:16) Closing thoughts and practical takeaways Resources & People Mentioned The Retirement Podcast Network Kiplinger's Article TurboTax Safe Harbor Guide Fidelity Charitable Connect with Benjamin Brandt Become a Client: www.retirementstartstoday.com/start Get the Retire-Ready Toolkit: http://retirementstartstodayradio.com/ Follow Ben on Twitter: https://twitter.com/retiremeasap Join the newsletter: https://retirementstartstodayradio.com/newsletter Dive deeper into retirement planning with Ben at www.RetirementIncome.University Subscribe to Retirement Starts Today on Apple Podcasts, Stitcher, TuneIn, Podbean, Player FM, iHeart, or Spotify