Podcasts about tax solutions

In this episode of The Influential Advisor podcast, host Paul interviews Erik Brenner, founder of Hilltop Wealth and Tax Solutions with 32 years of experience in wealth management. Erik discusses his innovative "Personal CFO" model that brings comprehensive financial services under one roof, including integrated tax planning and wealth management. The conversation explores how this approach can transform retirement planning for successful individuals by breaking down traditional silos in financial services and providing family office-level services to non-ultra-wealthy clients.Guest BioErik Brenner is the founder of Hilltop Wealth and Tax Solutions, an independent registered investment advisory firm. With 32 years of experience in the financial services industry, Erik built his practice after growing up in a family business in the aftermarket automotive industry. He specializes in providing comprehensive wealth management services that integrate tax planning, investment management, and estate planning under one roof.The Personal CFO ModelHow the model differs from traditional financial advising by combining multiple services under one roofThe importance of integrating tax planning with wealth managementHow this approach provides family office benefits to clients who aren't ultra-wealthyWhy coordination between financial professionals is crucial for optimal outcomesFive Critical Retirement DecisionsTiming Your RetirementFinancial implications of retiring earlier or laterBalancing emotional readiness with financial preparednessBenefits of working longer during highest earning yearsSocial Security Claiming StrategiesWhy "it's not grandma's Social Security anymore"How couples can maximize benefits through coordinated claiming strategiesConsideration of life expectancy, health history, and age differences between spousesTax implications of Social Security benefits (15% may be tax-free)Distribution StrategyImportance of tax-efficient withdrawals from retirement accountsWhy emptying accounts sequentially isn't always optimalHow proper distribution planning can lower lifetime tax burdenHealthcare PlanningMedicare eligibility at 65 and planning for the gap yearsStrategies for obtaining healthcare coverage before Medicare eligibilityConsideration of long-term care costs in later lifeEstate PlanningCommon oversight of not having or updating estate plansEnsuring assets pass according to your wishesGoing beyond document creation to implementation and funding strategiesThe Window of OpportunityThe critical period between retirement and Required Minimum Distributions (RMDs)How taxable income often drops during this window, creating tax planning opportunitiesStrategic Roth conversions when in lower tax bracketsAddressing the "balloon" of tax-deferred savings before mandatory distributionsBreaking Down Financial SilosHow separate financial professionals (insurance, tax, investments, estate) often don't coordinateThe value of comprehensive financial planning across all domainsPreventing contradictory advice from different specialistsClient Stories HighlightedClaire's Healthcare SavingsSaved over $31,000 in healthcare costs before Medicare eligibilityStrategic income management to qualify for healthcare subsidiesExample of how proper planning can enable earlier retirementHenry's Pension LossSupport the show

Welcome to the Working Moms of San Antonio podcast! In this episode, hosts Erika Radis and Marie Lifshultz welcome Joanne Tlili of Virtual Bookkeeping Solutions. Joanne, an experienced accountant and 'mamapreneur,' shares her 22 years of expertise in bookkeeping, accounting, and taxes. The discussion dives into the critical importance of having your bookkeeping in order before tax season, common mistakes new entrepreneurs make, and the benefits of automation. Joanne highlights valuable tools like QuickBooks and Wave apps and provides practical tips for maintaining financial organization. The episode also explores how having a dedicated bookkeeper can help business owners make educated financial decisions, align with their business goals, and ultimately reduce long-term stress and costs. Don't miss out on Joanne's expert advice to streamline your bookkeeping processes and grow your business successfully!

What happens to your tax debt during a state of emergency? Find out now! Do you have tax debt? 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

This week, Sasha Orloff is joined by Ankur Dahiya, CEO and founder of Fifteenth, a B2B fintech startup using AI to modernize the tax industry, as they discuss his journey from navigating complex stock options at Flexport to transforming CPA services, the challenges of scaling a tax-focused business, the role of AI in automating tax processes, and his vision for more efficient, accessible tax advisory following a successful funding round. -- SPONSORS: Notion Boost your startup with Notion—the ultimate connected workspace trusted by thousands worldwide! From engineering specs to onboarding and fundraising, Notion keeps your team organized and efficient. For a limited time, get 6 months of Notion AI FREE to supercharge your workflow. Claim your offer now at https://notion.com/startups/puzzle Puzzle

On this week's Money Matters, Scott and Pat discuss recent reports of increased bearish sentiment in the market, reaching levels not seen in over a year. Then, they break down the complexities of life insurance policies with long-term care benefits. Are they worth the investment or are there better options? Later, they speak with Suzanne Conrad, Allworth's Director of Tax Solutions, who shares practical tax strategies for high-net-worth individuals looking to optimize their wealth. Join Money Matters:  Get your most pressing financial questions answered by Allworth's CEOs Scott Hanson and Pat McClain live on-air! Call 833-99-WORTH. Or ask a question by clicking here.  You can also be on the air by emailing Scott and Pat at questions@moneymatters.com. Download and rate our podcast here.

Navigating Small Business Finances with John Drawdy of Paragon Accounting & Tax Solutions, LLCIn this episode, we sit down with John Drawdy, the owner of Paragon Accounting & Tax Solutions, LLC, to discuss the critical financial challenges faced by small business owners. With nearly 30 years of experience in auditing, accounting, and tax planning, John shares valuable insights on how entrepreneurs can stay ahead of their finances and avoid common pitfalls.John explains how small business owners can better understand their numbers and why it's crucial to hire the right professionals to handle bookkeeping and tax preparation. We dive deep into the Profit First method, a revolutionary system designed to prioritize profit and ensure businesses are consistently saving for taxes and other expenses. John also discusses how smart financial management can alleviate the stress of tax season, improve cash flow, and lead to better business decisions.Learn how John's journey into business ownership began, how networking and client relations helped Paragon Accounting grow, and the importance of Google reviews and SEO for attracting new clients. This episode is packed with practical advice for small business owners looking to take control of their finances and ensure their long-term success.Tune in for actionable tips and strategies that could transform how you manage your business's financial health!You can find John at www.paragonaccountingandtax.comYou can find your host, Howard Wolpoff, at:www.profitmasterbusinesssolutions.comTwitter - https://twitter.com/hwolpoffInstagram - https://www.instagram.com/hwolpoff/TikTok - https://www.tiktok.com/@hwolpoffThank you for listening!

Are you a builder, tradie or engineer in Western Sydney who needs help with bookkeeping and payroll? Save your business time and money with Tax Solutions. To learn more, visit https://taxsolutions.net.au Tax Solutions City: Parramatta Address: Suite 2/105 – 107 Church St Website: https://taxsolutions.net.au/ Phone: +61 2 96333170 Email: info@taxsolutions.net.au

Send us a textEver felt trapped by the looming capital gains tax when selling your business or real estate? Join us as Brett Swarts, founder of Capital Gains Tax Solutions, reveals how the Deferred Sales Trust can unlock wealth and provide freedom for high-net-worth individuals. From tackling the real estate market to embracing life's adventures with his family, Brett shares insights into leveraging tax strategies, lessons from the 2008 financial crash, and the power of surrounding yourself with growth-minded people. Listen in to discover how intentionality, resilience, and innovative tax planning can transform your wealth, lifestyle, and legacy.Connect with Brett here:Capital Gains Tax Solutions WebsiteCapital Gains Tax Solutions Facebook Page Brett Swarts LinkedinLinkedIn Business pageCapital Gains Tax Solutions BiggerPockets Page Capital Gains Tax Solutions Youtube Page Brett Swarts TwitterBrett Swarts FB PersonalBrett Swarts InstagramInstagram Business pageConnect with Dionne Malush Instagram: @dionnerealtyonepgh LinkedIN: /in/dionnemalush Website: www.dionnemalush.com Facebook: /dmalush LinkTree: https://linktr.ee/dionnemalush

In episode 80 of This Week's Economy, I discuss the SALT tax deduction problems, California's social media law concerns, nuclear power race with China, VP debate challenges, presidential candidates miss pro-growth policies, and Texas can eliminate property taxes.Watch the episode, or listen to it on Apple Podcast or Spotify, and visit my website vanceginn.com or newsletter vanceginn.substack.com for more information.

Björn ist stolzer Besitzer eines Bootsführerscheins und als Tax & Legal Lead Mitglied der Geschäftsführung von PwC. Im Podcast sprechen wir über die abwechslungsreichen Aufgaben eines Partners, welche Chancen und Herausforderungen sich für unsere Kunden aus der wirtschaftlichen Situation, der Globalisierung und den technologischen Fortschritten ergeben und wie Björn es schafft, trotz eines intensiven Arbeitsalltags resilient und leistungsstark zu bleiben. Außerdem: Was hat sich seit Björns Einstieg 2007 in der Steuer- und Rechtsberatung verändert? Wie würde er zwei geschenkte Urlaubstage verbringen? Du interessierst dich für einen Job in der Steuer- und Rechtsberatung? Hier findest du alle Infos dazu: ► Tax Solutions: https://t1p.de/c6rd6 ► PwC Legal Deutschland: https://t1p.de/gpbbv

Love the show? Subscribe, rate, review, and share!Here's How »Join the Capital Gains Tax Solutions Community today:capitalgainstaxsolutions.comCapital Gains Tax Solutions FacebookCapital Gains Tax Solutions TwitterCapital Gains Tax Solutions Linked In

Dive deep into the world of tax debt resolution with Morgan Anderson, an experienced Enrolled Agent and NTPI Fellow, in this enlightening episode. With over 24 years of tackling tax issues, Morgan brings a wealth of knowledge and a proven track record of resolving tax debts related to IRS and state agencies. This episode will explore the common causes of tax debt, the emotional impact on those affected, and the various pathways to resolution. Morgan will also debunk myths surrounding tax settlement programs and offer practical steps for individuals and businesses looking to navigate their way out of debt. Whether you're facing minor tax troubles or grappling with more significant debt, join us for an episode packed with expert advice, empathy, and real-world solutions. To connect with Morgan, visit her website: https://www.goldenliontaxsolutions.com/ Disclaimer: Not advice. Educational purposes only. Not an endorsement for or against. Results not vetted. Views of the guests do not represent those of the host or show. Do your due diligence. Click here to join PodMatch (the "AirBNB" of Podcasting): https://www.joinpodmatch.com/drchrisloomdphd We couldn't do it without the support of our listeners. To help support the show: CashApp- https://cash.app/$drchrisloomdphd Venmo- https://account.venmo.com/u/Chris-Loo-4 Buy Me a Coffee- https://www.buymeacoffee.com/chrisJx Thank you to our sponsor, CityVest: https://bit.ly/37AOgkp Click here to schedule a 1-on-1 private coaching call: https://www.drchrisloomdphd.com/book-online Click here to purchase my books on Amazon: https://amzn.to/2PaQn4p Follow our YouTube channel: https://www.youtube.com/chL1357 Follow us on Twitter: https://www.twitter.com/drchrisloomdphd Follow us on Instagram: https://www.instagram.com/thereal_drchrisloo Follow us on Threads: https://www.threads.net/@thereal_drchrisloo Follow us on TikTok: https://www.tiktok.com/@drchrisloomddphd Follow the podcast on Spotify: https://open.spotify.com/show/3NkM6US7cjsiAYTBjWGdx6?si=1da9d0a17be14d18 Subscribe to our Substack newsletter: https://substack.com/@drchrisloomdphd1 Subscribe to our Medium newsletter: https://medium.com/@drchrisloomdphd Subscribe to our email newsletter: ⁠https://financial-freedom-for-physicians.ck.page/b4622e816d⁠ Subscribe to our LinkedIn newsletter: https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6992935013231071233 Join our Patreon Community: https://www.patreon.com/user?u=87512799 Join our Spotify Community: ⁠https://podcasters.spotify.com/pod/show/christopher-loo/subscribe⁠ Thank you to our advertisers on Spotify. Financial Freedom for Physicians, Copyright 2024

Tax season is right around the corner and Sheila Chaplin from Reliable Tax Soultions answers a few of the most common questions that many small business owners have. turfnutritionmanagementpodcast@gmail.com @turf_nutrition_mangmt_podcast Doug Gray dgrayghost69@gmail.com Kevin Salters Instagram @rootdevelopmentllc Facebook Root Development LLC rootdevelopmentllc@gmail.com New England Regional Turfgrass Conference and Show www.NERTF.org March 5-6-7th Creative Content By Jessica Instagram @creativecontentbyjessica creativecontentbyjessicaanne@gmail.com Green Frog Web Designs www.greenfrogwebdesign.com Ezra Mcarthy Sheila Chaplin, CFP® Reliable Tax & Business Services-screliabletax@gmail.com The Landscaping Bookkeeper www.gulfcoastbk.com @thelandscapingbookkeeper --- Send in a voice message: https://podcasters.spotify.com/pod/show/rootdevelopmentllc/message

In this groundbreaking episode of the Pilla Tax Podcast, Dan Pilla, a luminary in the field of tax litigation and compliance, takes on one of the most pressing issues in modern finance: the tax implications of cryptocurrency. With the digital currency landscape evolving rapidly, Dan provides crucial insights into how these changes impact taxpayers and the IRS alike.In this episode, we delve deep into the world of cryptocurrency and its intersection with tax law:Privacy vs. IRS Oversight: Dan addresses the common belief that cryptocurrency trades are private and beyond the reach of the IRS. He explores whether the IRS can access your crypto trade history and what that means for traders.IRS Focus on Crypto Compliance: Is cryptocurrency compliance really a significant concern for the IRS? Dan examines how the IRS views crypto transactions and why understanding this perspective is crucial for anyone involved in digital currency trading.Understanding the Taxability of Crypto: What are the most common misunderstandings about the taxability of cryptocurrencies? Dan breaks down the complexities and misconceptions surrounding crypto taxation, providing clarity in a field often shrouded in confusion.Staying Compliant with Crypto Taxes: Lastly, Dan offers invaluable advice on what you need to know to stay on the right side of the law when it comes to cryptocurrency and taxes. From record-keeping to reporting, learn how to navigate these murky waters effectively.This episode is a must-listen for anyone engaged in or interested in the world of cryptocurrency. Whether you're a seasoned investor, a curious newcomer, or a tax professional looking to stay ahead of the curve, Dan's insights offer a clear path through the intricate and often misunderstood world of crypto taxation.Tune in to "Decrypting Crypto Taxes" on the Pilla Tax Podcast and arm yourself with the knowledge you need to navigate this rapidly evolving landscape confidently and compliantly.#DanPilla #TaxExpert #PillaTaxPodcast #Cryptocurrency #CryptoTaxes #IRSScompliance #DigitalCurrency #TaxLaw #Finance #CryptoTrading #TaxPlanning #IRS #TaxCompliance #Blockchain #CryptoInvestment

In this must-listen episode of the Pilla Tax Podcast, Dan Pilla, celebrated as a titan in tax consultation and strategy, delivers an exceptional deep dive into critical year-end tax planning, investment strategies, and business tax considerations. With his unique blend of expertise and clarity, Dan elucidates complex tax scenarios, offering actionable advice for our listeners.This episode covers three significant topics:Reviewing Financial Portfolios: Dan begins by discussing the crucial task of reviewing financial portfolios, focusing particularly on the tax implications of capital gains and losses. This segment is invaluable for anyone looking to optimize their investment strategy for tax efficiency, understand market trends, and navigate the often confusing landscape of investment taxation.Making Smart Equipment Purchases: Next, Dan takes us through the advantages of making business equipment purchases under Code §179. This is a goldmine of information for small business owners seeking to understand how strategic investments in their business can lead to substantial tax savings. Dan's expertise breaks down this complex code into practical, easy-to-implement strategies.Crypto Currency Tax Considerations: Lastly, addressing the burgeoning field of digital currencies, Dan provides essential insights into the key tax considerations for crypto transactions. As crypto continues to gain traction, understanding its tax implications is crucial. Dan's guidance is especially timely and relevant, demystifying the nuances of crypto taxation.Dan Pilla's ability to articulate these intricate topics in a clear and concise manner makes this episode a standout. Whether you're a seasoned investor, a small business owner, or simply keen on staying ahead in the world of finance and taxes, you'll find this episode packed with invaluable insights and tips.Tune in to this episode of the Pilla Tax Podcast for an enlightening journey through the landscape of year-end tax planning and strategic financial decision-making. And remember, for more expert insights from Dan Pilla, don't forget to like, share, and subscribe!Remember to like, share, and subscribe to the Pilla Tax Podcast for more expert insights from Dan Pilla.Be sure to check out the Pilla Tax Academy website for all your tax resources at:www.PillaTaxAcademy.comYouTube: https://www.youtube.com/@pillataxacademyFaceBook: https://www.facebook.com/pillataxacademyInstagram: https://www.instagram.com/pillataxacademy#DanPilla #TaxExpert #PillaTaxPodcast #YearEndTaxPlanning #InvestmentStrategies #BusinessTaxes #FinancialPortfolios #CapitalGains #TaxSavings #Section179 #CryptoCurrency #TaxAdvice #TaxPlanning #FinancialEducation #CryptoTax #BusinessGrowth

Welcome to a crucial episode of the Pilla Tax Podcast, especially designed for those looking to make smart tax moves as the year draws to a close. In Episode 38, we have the privilege of having Dan Pilla, a tax expert with over four decades of experience, who will provide invaluable insights into strategic tax planning as we approach the end of the year.In this episode, we're focusing on three key areas:Prepaying State Income Taxes: Dan addresses the strategy of prepaying state income taxes before December 31st. He elaborates on how this can be a smart move for some taxpayers, while also cautioning about potential downsides. It's a nuanced discussion that can help you decide if this strategy works for your situation.Wage Withholding and Estimated Payments Review: Next, we delve into the often-overlooked aspect of wage withholding and estimated tax payments. Dan guides us through the process of reviewing these payments and identifies common errors that taxpayers should avoid. This segment is essential for anyone looking to optimize their tax situation and possibly increase their take-home pay.Financial Review and Tax Liability Forecast: Finally, Dan emphasizes the importance of reviewing your financial situation before the year ends. He explains how this proactive step can be crucial in managing unexpected tax liabilities and avoiding unpleasant surprises during tax season.This episode is packed with expert advice and practical tips for both individual taxpayers and small business owners. Whether you're seeking ways to minimize your tax liability or just looking to better understand the end-of-year tax landscape, this podcast is for you.Tune in now and step into the new year with confidence, equipped with the knowledge to make informed tax decisions.Remember to like, share, and subscribe to the Pilla Tax Podcast for more expert insights from Dan Pilla.Be sure to check out the Pilla Tax Academy website for all your tax resources at:www.PillaTaxAcademy.comYouTube: https://www.youtube.com/@pillataxacademyFaceBook: https://www.facebook.com/pillataxacademyInstagram: https://www.instagram.com/pillataxacademy#DanPilla #TaxExpert #PillaTaxPodcast #EndOfYearTaxPlanning #TaxStrategies #StateIncomeTax #TaxWithholding #FinancialReview #TaxLiability #TaxTips #FinancialPlanning #TaxAdvice #SmallBusiness #PersonalFinance #IRS #TaxSeasonPrep

Welcome to a new episode of the Pilla Tax Podcast, where we dive deep into one of the most talked-about topics in the tax world today: the Employee Retention Credit (ERC). With his unparalleled expertise in tax law and a knack for simplifying complex issues, Dan Pilla, America's leading tax authority, breaks down everything you need to know about the ERC. In this episode, Dan addresses the core questions surrounding this hot topic: What is the Employee Retention Credit? - Dan starts with the basics, explaining what the ERC is and its significance for businesses navigating the challenging economic landscape. Why is the IRS Concerned? - We then shift focus to understand why the IRS is paying close attention to the ERC. Dan delves into the reasons behind the IRS's concern and what it means for businesses. Safely Benefiting from the ERC - The most crucial part of our discussion revolves around how small businesses can maximize the benefits of the ERC while minimizing risks. Dan provides actionable strategies and compliance tips to ensure businesses can confidently claim the credit without fear of repercussions. Whether you're a small business owner, a tax professional, or just interested in the dynamics of tax incentives, this episode is packed with invaluable insights. Dan's detailed breakdown not only clarifies the concept and implications of the ERC but also offers practical guidance on navigating it effectively. Don't forget to like, share, and subscribe to the Pilla Tax Podcast for more expert insights from Dan Pilla. Stay informed and stay ahead in the ever-evolving world of taxation! Be sure to check out the Pilla Tax Academy website for all your tax resources at:www.PillaTaxAcademy.comYouTube: https://www.youtube.com/@pillataxacademy FaceBook: https://www.facebook.com/pillataxacademy Instagram: https://www.instagram.com/pillataxacademy #DanPilla #TaxExpert #PillaTaxPodcast #EmployeeRetentionCredit #ERCTaxCredit #SmallBusiness #TaxAdvice #IRSGuidelines #TaxIncentives #BusinessFinance #TaxCompliance #TaxStrategy #BusinessGrowth #IRSConcerns #TaxBenefits #FinancialPlanningSee omnystudio.com/listener for privacy information.

Welcome to another enlightening episode of the Pilla Tax Podcast, where today's focus is on a subject that offers hope and relief to many: Forgiveness of Tax Debt. Join us as Dan Pilla, a renowned tax litigation expert with a wealth of experience, sheds light on this critical topic. In this episode, Dan answers some of the most pressing questions about tax debt forgiveness: Qualifying for Tax Debt Forgiveness - Dan begins by explaining the specific circumstances that can lead to the forgiveness of tax debt and who typically qualifies for such relief. This segment is particularly insightful for those who feel overwhelmed by their tax obligations. The Process and Timeline - Next, we delve into the procedural aspects. What does applying for tax debt forgiveness involve? How long does the process usually take? Dan's answers provide a clear roadmap for those considering this option. Long-Term Implications - Finally, an often-overlooked aspect: the long-term consequences and considerations. Dan discusses what taxpayers need to know about the future financial and legal implications of having their tax debts forgiven. This episode is not just about finding a way out of tax debt; it's about understanding the journey through it. Whether you're a taxpayer facing daunting debt, a tax professional seeking to guide clients, or simply interested in the complexities of tax law, this podcast offers valuable insights and guidance. Tune in to gain a deeper understanding of tax debt forgiveness from one of the most knowledgeable minds in the field. Remember to like, share, and subscribe for more expert insights from Dan Pilla on the Pilla Tax Podcast. Be sure to check out the Pilla Tax Academy website for all your tax resources at:www.PillaTaxAcademy.com YouTube: https://www.youtube.com/@pillataxacademy FaceBook: https://www.facebook.com/pillataxacademy Instagram: https://www.instagram.com/pillataxacademy #DanPilla #TaxExpert #PillaTaxPodcast #TaxDebtForgiveness #TaxRelief #FinancialFreedom #TaxLaw #DebtRelief #IRSDebt #TaxResolution #FinancialPlanning #TaxAdvice #TaxStrategy #TaxLitigation #TaxGuidance #DebtManagementSee omnystudio.com/listener for privacy information.

In this episode of Capital Gains Tax Solution Podcast, Vance Lowe CEO of Private Banking Strategies,® explores the power of Infinite Banking Concepts (IBC) as the ultimate financial strategy. IBC focuses on building and preserving wealth by becoming your own bank and minimizing taxes. The aim is to establish a financial system that allows you … Continue reading Capital Gains Tax Solutions Podcast with Guest Vance Lowe →

Kirk Conole serves as the Chief Operating Officer overseeing client relationships and business development activities for the company. Before joining DCI, Kirk was the principal of Independent Energy Services, providing utility rate and tariff analysis along with economic analysis for energy projects such as backup generation, co-generation, solar energy, and energy efficiency. Kirk's deep expertise in the area of Energy Consumption and Strategic Use allows him to provide utility rate and tariff analysis and cost savings for DCI's clients. In addition, Kirk oversees the marketing of the firm's CORE and Tax Solutions to current and prospective clients. Kirk received his B.S. in Electrical Engineering from San Diego State University.Learn more:https://www.dcisolutions.net/Influential Entrepreneurs with Mike Saundershttps://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/Source: https://businessinnovatorsradio.com/interview-with-kirk-conole-partner-and-chief-operating-officer-with-dci-solutions

Kirk Conole serves as the Chief Operating Officer overseeing client relationships and business development activities for the company. Before joining DCI, Kirk was the principal of Independent Energy Services, providing utility rate and tariff analysis along with economic analysis for energy projects such as backup generation, co-generation, solar energy, and energy efficiency. Kirk's deep expertise in the area of Energy Consumption and Strategic Use allows him to provide utility rate and tariff analysis and cost savings for DCI's clients. In addition, Kirk oversees the marketing of the firm's CORE and Tax Solutions to current and prospective clients. Kirk received his B.S. in Electrical Engineering from San Diego State University.Learn more:https://www.dcisolutions.net/Influential Entrepreneurs with Mike Saundershttps://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/Source: https://businessinnovatorsradio.com/interview-with-kirk-conole-partner-and-chief-operating-officer-with-dci-solutions

Welcome to the latest episode of the Pilla Tax Academy! As America's leading tax authority, Dan Pilla dives deep into a topic that has been causing ripples in the small business community: the increased frequency of IRS business audits. In today's episode, we tackle the pressing questions that have been on the minds of entrepreneurs and business owners: Why has the IRS been signaling an uptick in business audits for over the past year? As a small business owner, should you be alarmed? How does the IRS determine which businesses to scrutinize? Most importantly, what strategies and insights can you employ to emerge victorious in an IRS audit? With over 40 years of tax litigation expertise and a vast repository of knowledge on IRS problems, Dan Pilla unravels the nuances of the auditing process, offers preventative advice, and empowers businesses with the tools they need to face potential audits confidently. This episode of the Pilla Tax Academy is a listen to for every small business owner, tax professional, and anyone interested in understanding the inner workings of the IRS audit process. Equip yourself with knowledge straight from the industry's best, and ensure your business stands strong in the face of any IRS scrutiny. Know what to do, and if you don't Pilla Tax Academy is here to quickly help you. Don't forget to like, share, and subscribe for more invaluable insights and guidance from the Pilla Tax Academy.     #DanPilla #TaxExpert #PillaTaxAcademy #IRS #BusinessAudits #AuditPrevention #TaxCompliance #TaxLitigation #SmallBusiness #IRSProcedures #AuditStrategies #TaxPlanning #AuditTips #IRSInsights #BusinessStrategy #TaxProtection #AuditDefenseSee omnystudio.com/listener for privacy information.

In this episode Dan Pilla covers the fact that last year Congress granted $80 billion additional funding to the IRS. Now we hear that money was cut. What's the deal? What can we expect from IRS enforcement going forward? Are they planning to spend any money on taxpayer assistance?Dan goes in deep on this topic and much more!Be sure to take advantage of all Dan's resources at www.PillaTaxAcademy.com Follow us on the Social Media channels: YouTube: https://www.youtube.com/@pillataxacademy FaceBook: https://www.facebook.com/pillataxacademy Instagram: https://www.instagram.com/pillataxacademy  See omnystudio.com/listener for privacy information.

Welcome to the "Pilla Tax Podcast," where we bring you face-to-face with Dan Pilla, renowned as the USA's Top Tax Expert. With more than four decades of real-world tax resolution experience, Pilla's insights are your passport to an enlightened understanding of the complex tax system. As an innovator and the 'father' of the tax resolution industry, Dan has shaped the approach of tax resolution practitioners nationwide. Join us as we delve into the nitty-gritty of tax matters - from prevention to resolution. Regardless of your vocation - whether you're a taxpayer, enrolled agent, tax attorney, CPA, or business owner, Pilla Tax Podcast is your go-to platform for all things tax. Stay ahead of the IRS and understand the ever-evolving tax code with Dan Pilla as your guide. Let's beat taxes, one episode at a time!In this 1st Episode Dan discusses the IRS' release that they will no longer show up to a person's home unannounced. Dan covers this and goes into his incredible history of how he got started at the age of 18 in the Tax Resolution Business. Be sure to take advantage of all Dan's resources at www.PillaTaxAcademy.comFollow us on the Social Media channels:YouTube: https://www.youtube.com/@pillataxacademy FaceBook: https://www.facebook.com/pillataxacademy Instagram: https://www.instagram.com/pillataxacademy  See omnystudio.com/listener for privacy information.

Jacqueline Sheldon Jacqueline Sheldon/Bottom Line Tax Solutions Bottom Line Tax Solutions specializes in the 3 "P's" of income taxes: Tax Preparation, Tax Planning and Tax Problem Solving. Are you paying too much in taxes? You probably are! Bottom Line Tax Solutions saves their clients thousands in taxes each year; visit them today. Also a Community Partner with our studio! […] The post Jacqueline Sheldon with Bottom Line Tax Solutions appeared first on Business RadioX ®.

It is said that cashflow is king. That remains to be true, but in this day and age, tax flow is becoming the new king because the government has a spending problem. It is inefficient with capital, and that money can be used for more good if it's in the hands of the people who created it. Brett Swarts strongly believes in the need for people to take back more of their hard-earned wealth. He wrote the book Building a Capital Gains Tax Exit Plan, that teaches how we can defer capital gains tax and use that money to expand our investments further. In this episode, he talks about the importance of having a tax flow mindset, how to defer capital gains tax specifically in real estate, the advantages of a deferred sales trust, and more. Join in the conversation and learn how you can create even more wealth by saving on taxes!

Dave's long-time OB teaching friend Judi Strauss-Lipkin talks with him amid another 'taxing' Tax Season. How can she be so upbeat? Her boutique business is dedicated to clients whom she has helped for years to understand the complexities of their financial situations with Judi's considerable teaching talent and financial acumen. Why still do this? She loves her clients, and they love her. 

Today we talk with Brett Swarts to find out how to unlock the Secrets of Capital Gains Tax Solutions. How can we keep more of our hard earned money!   Links from episode: Brett's website https://capitalgainstaxsolutions.com/meet-brett/ Brett's YouTube channel https://www.youtube.com/channel/UCAykQNmIWZ0KARBeVWcQxUA David Sloan example https://capitalgainstaxsolutions.com/deferred-sales-trust-client-shares-his-experience-and-his-new-multifamily-deal-with-david-sloan/ New BOOK coming out soon! Building a Capital Gains Tax Solutions Plan Amazon

Get ready for an exciting new show of the Kern County Real Estate Review! We're thrilled to have Brett Swarts, founder and CEO of Capital Gains Tax Solutions, as our special guest. Listen now to learn about Deferred Sales Trusts, a powerful alternative to the traditional 1031 exchange. If you're curious about how to defer capital gains tax, you won't want to miss this show. Stream this episode now to gain valuable insights and take your real estate investing to the next level.

Break out of capital gains tax jail using a legal, innovative strategy with Brett Swarts in today's episode about an overview of a deferred sales trust and how it can help your real estate business thrive. So if you want to learn a tactical way to defer your taxes, this episode is the one for you!Key Takeaways to Listen forDeferred sales trust: How it works and how it differs from a 1031 exchangeHow to leverage a DST to reduce your capital gains taxDST structures that help create generational wealth for your familyUnique benefits of having a deferred sales trustActionable steps to starting a successful businessResources Mentioned in This EpisodeKevin HarringtonBuilding a Tax-Deferred Exit Strategy by Brett P. Swarts | PaperbackRun Like ClockworkFree Apartment Syndication Due Diligence Checklist for Passive InvestorAbout Brett SwartsBrett is considered one of the most well-rounded capital gains tax deferral experts and informative speakers in the United States. He is the founder of Capital Gains Tax Solutions, an exclusive Deferred sales trust trustee, host of the Capital Gains Tax Solutions Podcast, and an eXp commercial multifamily broker in Sacramento, California.He equips hundreds of millionaires each year to break out of capital gains tax jail. His experience includes numerous deferred sales trusts, Delaware statutory trusts, 1031 exchanges, and $400,000,000 in closed commercial real estate brokerage and deferred sales trust transactions. He is a licensed California real estate broker passionate about educating high net-worth individuals in capital gains tax deferral with a deferred sales trust. Connect with BrettWebsite: Capital Gains Tax Solutions | Expert Tax SecretsPodcast: Capital Gains Tax Solutions PodcastLinkedIn: Brett SwartsYouTube: Capital Gains Tax SolutionsTo Connect With UsPlease visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!SponsorGrow Your Show, LLCThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GowYourShow.com and Schedule a call with Adam A. Adams

Over 10,000 baby boomers turn 65 every day in the USA! It's no wonder many are selling their highly appreciated assets to retire. Life's too short to be trapped by assets you're ready to sell. Cheri chats with Brett Swarts, of Capital Gains Tax Solutions, LLC, who provides insights to this sometimes confusing issue. capitalgainstaxsolutions.com 916-886-2986

Once January comes around, it's not just the new year, its Tax Season!  Bookkeepers, accountants, CPA's and tax preparation providers hunker down, get focused and put their full attention to their clients for the next quarter plus. I am so excited to share this latest episode of Small Business Marketing – Then & Now with my guest Katherine Grooms of Accounting & Tax Solutions LLC.  Katherine is focused on her clients all twelve months of the year, providing multiple layers of added value while providing exceptional services to small to medium-size businesses and corporations handling accounting, payroll, and tax functions.  Her multi-state business also provides hands-on service for individual and their tax preparation needs. She shares her journey where she was guided by a mentor to start her business while in school and the lessons she learned through developing relationships and growing her network to create a thriving business.  She provides great detail on how she built the successful Accounting and Tax Solutions and the growth path she has developed for the future. To learn more, please click https://accttaxsolutions.com/. As always, this podcast is brought to you by Profit Master Business Solutions, implementing measured marketing for small businesses while calming the chaos and creating the confidence and competence to exceed expectations.  Click www.profitmasterbusinesssolutions.com.You can find your host, Howard Wolpoff, at:www.profitmasterbusinesssolutions.comTwitter - https://twitter.com/hwolpoffInstagram - https://www.instagram.com/hwolpoff/TikTok - https://www.tiktok.com/@hwolpoffThank you for listening!

Let's face it — nobody likes doing taxes. And staying on top of changing codes, rates, and regulations can be a time-consuming endeavor for companies. Avalara is a tax compliance automation platform that's making tax solutions easier for businesses all around the world. Avalara's EVP of Engineering and CTO Danny Fields joins us to discuss the wide scale of innovation required to deliver fast and accurate tax computations globally, and why companies still using manual methods should make the switch to automation now.Tune in to learn:What is Avalara and what does it do? (01:09)How Avalara keeps track of constant changes in the tax code (10:45)What it was like moving Avalara toward automation (16:39)Why some companies are slow to adopt tax automation (27:03)IT Visionaries is brought to you by Salesforce. With Salesforce's low-code app dev tools, you can be more efficient, more productive and save money by reducing development time by up to 90%. Get Salesforce's Low-Code Playbook and increase time to value for your team and your customers. Download the free playbook today.Mission.org is a media studio producing content for world-class clients. Learn more at mission.org.

  What if one of these ten tax tools could be the tax opportunity that you've been missing? If you are looking to increase your wealth over your lifetime you'll want to ensure that you have the best tax planning strategies in place for long-term success.  Paying more taxes now to lower your lifetime tax rate may seem unconventional, but if you are serious about building wealth, this could be the kind of strategy to use. Listen in to hear our top ten tax planning strategies with our resident tax expert, Will Holt.  As life changes, your opportunities for tax saving change which is why it is important to stay on top of these changes. Make sure to check out all of our episodes to hear details on many of these tax-saving strategies and more. Subscribe now to never miss an episode. Outline of This Episode [2:12] Bunching multiple years of charitable giving together can be tax efficient [5:38] How to use highly appreciated stock as a gifting tool [6:32] Using qualified charitable distributions [10:22] Long-term financial planning is critical to long-term tax success [13:19] How to take advantage of tax loss harvesting [18:53] Use your retirement accounts  Resources & People Mentioned Article - Qualified Charitable Distributions – A Retiree's Secret Weapon to Slash Taxes Episode 59 - Tax Solutions for Charitable Giving Episode 104 - How an IRMAA Appeal Can Save You Thousands of Dollars in Medicare Premiums Episode 174 - Should You Use a Non-Qualified Deferred-Compensation Plan for Your Retirement Savings? Episode 140 - Choosing the Right Investment Vehicles to Save for Retirement Article - Tax Loss Harvesting: A Silver Lining in Bear Markets Episode 144 - Your Retirement Secret Weapon: The Mega Backdoor Roth Connect With Chad and Will https://www.financialsymmetry.com/podcast-archive/  Connect on Twitter @csmithraleigh @TeamFSINC Follow Financial Symmetry on Facebook Subscribe To This Podcast Apple Podcasts  Stitcher  Google Play

In this episode, we continue to unravel the mystery of tax strategies as we dig deeper into cost segregation, what it means, how it works, and the benefits it offers your year-end taxation and cash-on-cash return. So, don't miss these wealth-generating opportunities made available through real estate!     WHAT YOU'LL LEARN FROM THIS EPISODE What is straight-line depreciation, and how is it calculated? Cost segregation: Definition, categories, and advantages How cost segregation works on a specific property The impact of tax strategies on your cash-on-cash return     RESOURCE MENTIONED IN THIS EPISODE #203: The TAX CODE Magic with Warren Taryle     CONNECT WITH US: If you need help with anything in real estate, please email: invest@rpcinvest.com Reach Ron: RP Capital Leave podcast reviews and topic suggestions: iTunes Subscribe and get additional info: Get Real Estate Success Facebook Group: Cash Flow Property Facebook Community

This week's special guest Larry DixonWe talk his business Tax Solutions, life after college football, his time in the military, does and don'ts of tax filing, OnlyFans and other random topicsLarry Dixon - Founder/Owner - Atlas Accounting and Tax Solutions | LinkedInLarry Dixon | FacebookSoundtrack By Kilo Keyz On The TrackKilo Keyz On The Track (@kilo_kofficial) • Instagram photos and videosProfile / TwitterSupport the show

What's the difference between a DBA, LLC, Partnership, S-Corporation, and C-Corporation? As you can imagine, these different legal entities, founded by one or more natural persons to conduct business activities, come with significant implications related to taxation, ownership, and asset protection.  Whether you are creating a new business, operating an existing organization, or managing a part of the company, it's important to understand how legal entities work. In this episode, I talk with Briana Reidle, the Co-Owner of Accounting and Tax Solutions, Inc. about how these organizational structures work and the key things you should know when working in business.  Visit www.byfiq.com for more episodes and resources to empower your financial life.Helpful links:Join the Strategic Financial Mastery programJoin Our Free CommunityTrain your team with an on-site workshopDisclaimer:BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.Support the show

I hope you enjoy the heck out of this weekend.

In this episode, I chat with Mark Myers. Mark is a former Marine Corp Sergeant that brings over 20 years of successful business operation, ownership and high level consulting experience to the table for the clients and financial advisors he services. His company Peak Profit Solutions and it's affiliate partners have helped thousands of individuals increase profit and permanently reduce their annual tax bill to help them better grow their business and accelerate their wealth. Over 90% of America's successful small and medium sized businesses significantly overpay in tax, even if they are working with a highly experienced CPA or accounting firm. Mark helps his clients accomplish all of the above WITHOUT replacing their CPA or Investment Advisor. We discuss: The Augusta Rule Smart tax solutions How to find these benefits And much more. Find out more about Mark and Peak Profit Solutions at: PeakProfitSolutions.com

In today's episode of Discount Property Investor Podcast, David Dodge has a special guest Brett Swart, Founder of Capital Gains Tax Solutions, helping people learn and implement capital gains tax strategies through his company. Capital Gains Tax Solutions. Brett works primarily with high-net-worth investors to develop deferred sales trust tools to solve capital gains tax deferral limitations. In this episode, Brett defines a deferred sales trust, explains the difference between a 1031 exchange, and when this strategy works for real estate investing. If you are interested in Real Estate this is an inspiring interview.Links Mentioned in Today`s Episode Website: https://capitalgainstaxsolutions.com/Youtube: Capital Gains Tax Solutions

On today's #ThrowBackThursday episode we welcome Karen and Dave from Avalara to the studio to talk about beer, Business Central, sales tax, and a few other important topics. Subscribe to the Podcast on all Platforms! ➢ https://www.solsyst.com/podast-locations

Looking to defer taxes on an asset or even just make better financial decisions overall?  Industry expert Brett Swarts is here to help and he's back with us to talk about the power of Deferred Sales Trust. This time, Brett shares how to use DST in the crypto space and gain more cash flow by deferring capital gains tax. Brett Swarts is the founder and CEO of Capital Gains Tax Solutions. Whether you're selling a business, real estate, or a crypto asset, he and his team are dedicated to educating individuals and solving capital gains tax deferral limitations to unlock financial freedom.   [00:01 - 07:47] Crypto and Capital Gains Tax The problem of crypto millionaires face when exiting highly appreciated positions Here's how Brett and his team solve this The importance of having tax-efficient cash flow in the crypto scape Deferred Sales Trust has zero limits on what it can defer    [07:48 - 17:45] Deferred Sales Trust Explained Brett compares Deferred Sales Trust to 1301 Exchange and Self-Directed IRA What is a taxable event with the Deferred Sales Trust? Find out when it's too late for Deferred Sales Trust Brett tells us about the opportunity zone   [17:46 - 19:54] Capital Gains Tax and Beyond Know more about other solutions Brett and his team provide   [19:55 - 21:37] Closing Segment Reach out to Brett!  Links Below Final Words   Tweetable Quotes “... the opportunity to defer that tax and to be able to diversify that wealth is one of the best ways for crypto millionaires to create and preserve more wealth.” - Brett Swarts   “We're told all the time, Robert Kiyosaki, and all of us who love multifamily, investing in real estate, it's cash flow, cash flow, cash flow. But I'm here to tell you, it's not just cash flow, it's tax flow.” - Brett Swarts   “....let's face it, the most expensive things that we're ever going to pay in life, one of them is taxes.” - Brett Swarts   -----------------------------------------------------------------------------   Connect with Brett on the Capital Gains Tax Solutions website. Follow them on Facebook, LinkedIn, and YouTube, and listen to their podcast, Capital Gains Tax Solutions Podcast. Check out Crypto DST Mastermind webinar and the book Building a Tax-Deferred Exit Strategy: The Proven Playbook for Unlocking Your Ideal Wealth Plan When Selling Assets of Any Kind for Yourself Or Your Clients by Brett Swarts and Ken Harrington.   Connect with me: I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns.   Facebook LinkedIn   Like, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on.  Thank you for tuning in! Email me → sam@brickeninvestmentgroup.com   Want to read the full show notes of the episode? Check it out below:   Brett Swarts  00:00 We'd like to say is we're unlocking that freedom, like Robert Kiyosaki on the right side of the quadrant, right? Getting on the business or investment side of things. It's like how do we use tax flow in this situation and using the deferred sales trust to unlock what someone's really trying to accomplish, whether that be moving closer to family, selling their big primary home, exiting their GP positions and not wanting to pay a bunch of tax, exiting their crypto and wanting to start a business venture, building investment real estate, the deferred sales trust unlocks that once you understand it.   Intro  00:27 Welcome to the How to Scale Commercial Real Estate Show. Whether you are an active or passive investor, we'll teach you how to scale your real estate investing business into something big.    Sam Wilson  00:39 Brett Swarts is the founder of Capital Gains Tax Solutions. Each year, he equips hundreds of business professionals with a Deferred Sales Trust tool to help their high-net-worth clients solve capital gains tax deferral limitations. Brett, that's a mouthful. I know you've come on in previous episode, I think this is last July 21, episode 234 that you came on, we really dove deep into the deferred sales trust. So if you're listening and going, "Hey, I don't even know what that is," hit pause, go back and listen to that episode again. 234 on July 21, of last year 2021. Get an understanding of that, because we're gonna kind of take a different spin on this today. Brett, welcome to the show.   Brett Swarts  01:17 Sam, great to be back, excited to add some value to you and your listeners.   Sam Wilson  01:21 Hey, man, absolutely excited to have you. One of the things that you and I spoke about here recently, we were both at the Best Ever Conference. And we really started digging into the crypto slash real estate conversation. And that's really what I'd love to spend the bulk of this episode talking about. Tell us, I mean, can you kind of just, the floor is yours, take over wherever you want. But that's what I want to talk about. Tell us what you guys are doing in that space, and really, why and what need you're solving or what problems...   Brett Swarts  01:48 Absolutely. So you know, most crypto millionaires, they struggle with their capital gains tax when they go to exit their highly appreciated positions. And in fact, a recent study was done, there's about two to $3 trillion, depending on you know, the year that you're looking at these numbers of cryptocurrency in the world. And these are highly appreciated assets, I mean, talking thousands and thousands of percent returns. And so when they go to exit, they have a huge capital gains tax. And so we believe the opportunity to defer that tax and to be able to diversify that wealth is one of the best ways for crypto millionaires to create and preserve more wealth. And with that, connecting with the apartment syndication world and/or commercial real estate syndication world, it complements this whole strategy of what I'm calling tax flow versus cash flow.   Sam Wilson  02:36 Can you break that down? What do you mean when you say tax flow versus cash flow?   Brett Swarts  02:40 Yeah, so most of the time, we were told, you know, we're told all the time, Robert Kiyosaki, and all of us who love multifamily, invesing in real estate, it's cash flow, cash flow, cash flow. But I'm here to tell you, it's not just cash flow, it's tax flow. And now, of course, it's always been both. But more and more important today, because of the highly, let's say, accumulating debt in America, especially over $30 trillion, that the government is running out of options except for to raise taxes. And that is a big problem. And so it's more important as we as entrepreneurs, as business owners as cryptocurrency and multifamily investors, that we look at our tax flow strategy, and not just the cash flow because let's face it, the most expensive things that we're ever going to pay in life, one of them is taxes, if not the most, that's the one you're paying the most out of anything anywhere. And so you've got to figure out ways using the regulatory framework to have tax-efficient cash flow, not just highly appreciated assets.   Sam Wilson  03:40 Right, yeah. Because what's the good in having a highly appreciated asset that you're paying a ton of taxes on? And I know you've kind of specialized or found a way to do this with the deferred sales trust. How are you doing that with crypto, just use the word crypto millionaires, how you doing with crypto investors have made a whole bunch of money?   Brett Swarts  03:55 Yeah, well, we'll start with the story of August 7, 2021. And that's the one we broke the four-minute mile. And if you saw that Roger Bannister story about the person who broke three minutes and 59 seconds, he broke what many thought was impossible to break? Well, for us, that happened on August 7 to 2020 21 for a client of ours who owned a Etherium. He and his wife bought it for about 100,000 and went to 13 million, and they're living the, you know, 50-60 hour workweek in the tech industry. And she's an attorney and two kids and, you know, making a good salary but they lived in California, and it's very expensive, and they're looking at this huge amount of appreciation. And they're looking at exiting that pain, millions of dollars of tax. And so for the first time ever, we help them exit out of crypto all tax-deferred and anyone with the deferred sales trust for that matter. Over 25 year track record the traverse sales just been around and they were able to retire from their day to day job, travel with their family and then invested into in this scenario, they've invested into securities at this point, but they're waiting for the real estate market to shift and they're looking for opportunities to buy that. And so that's providing here, an opportunity to exit, get some freedom, get some cash flow, get some tax flow, and also defer millions of dollars of tax. So they need a $5 million deal. And we deferred about 1.8 5 million of tax then they liked it so much about three months later, Etherium had another high for what they're looking for. They exit two and a half million. And that's within one hour each. And that's the beauty of what we provide. It's so fast, so instantaneous, and but it's a huge impact for the families that we're serving.   Sam Wilson  05:26 Yeah, that's really interesting. Is there while we're on this topic, are there any assets that you can't put into a deferred sales trust?   Brett Swarts  05:34 No, it's worked for just about anything you can think of. It works for artwork, collectibles, public or private stock. We've done it for apartment complexes, self-storage facilities. We've done it for a dentist, I visited a dentist deal for a client out of New Jersey that was looking at a huge tax, we helped him defer $600,000 of tax and about a $1.5 million exit. It works for primary homes, luxury primary homes, as opposed to the 1031 exchange, which only works for investment property, or even the Delaware 1031 that only works for investment property. So the deferred sales trust really has zero limits on what it can defer, captive insurance, it can work for general partnership interest, LLC, LPs, anything you can think of now here's the key, it needs to have a $1 million net proceeds and a $1 million gain, it's got to be big enough in order to hire us right to pay for the services that we provide.   Sam Wilson  06:19 Right. That makes a heck of a lot of sense. You said 1 million net proceeds slash $1 million net gain. That makes a lot of sense. That's really intriguing. How did you figure out or how did you find clients that have made money in crypto and say, "Hey, guys, let's all put this into a deferred sales trust"?   Brett Swarts  06:35 It's a great question. We started talking about it, right? We start talking about the challenges that many of the crypto millionaires are facing, right? We actually started investing in it, ourselves, you know, in cryptocurrency. I started investing in 2017. My wife and I, we buy these, we call them Etherium rigs, that is supercomputers that we put together with our kids. And we start, we talked about Robert Kiyosaki's cash flow and getting on the right side of the quadrant. And we said, like, these are little cashflow producing machines as we sleep, they're producing some cash flow. Etherium, right? We also want to buy rentals, or it's a part of immersing ourselves into that world, and then trying to feel some of their pain, right, because all of us had friends or family who invested and went high and maybe went low or lost everything and we're going there's got to be a better way. And that's the same story that happened with apartment complex owners in Sacramento, when I was at Marcus & Millichap, same exact thing happened in 2008. And part of it was at 1031 Exchange chasing that deal in deferring that tax, but doing it in a way that put them in a poor position financially because they have too much debt and on less liquidity. And so we focus like a laser on what's something called, what's called optimal timing, sell high and buy low. And we just apply that to the crypto millionaire space. And we started a mastermind, we started podcasting about it. And now there everyone's finding us mostly on YouTube and podcast.   Sam Wilson  07:48 Right. That's really interesting, for sure. So inside the deferred sales trust, I'm just gonna make sure I understand this, it is not time-bound, like a 1031.   Brett Swarts  07:58 Exactly. So the deferred sales trust is amazing in that it's not time-bound, like a 1031 exchange. We call the 1031 exchange, 45 day, 180 timeframe the shotgun wedding. We all had friends, maybe a family who got married really quickly, right. And sometimes those things don't work out. And so the idea of optimal timing is being able to sell when you have a certainty of conviction that it's a good time to sell, exit that position, and then be on the sidelines and be ready to pounce on to opportunities, whether that be real estate, whether that be securities, whether that be back into cryptocurrency, whether they've been to hard money lending, all tax-deferred, using the deferred sales trust. I'll give you another example. We just helped the client, she bought Bitcoin for about $50,000. And she's working for a big tech company in Silicon Valley. And she had our $50,000 investment turned to $50 million. And I get this call and I'm going, "Oh my goodness, like you have a huge gain." She's like, "I'm lucky I never sold," and I go why didn't she sold. She's like, "Part of it because of the tax. I'm in California, I'm gonna get hammered. Part of it, I believe in the long-term future of Bitcoin. But the third part is I don't have a great place to invest it. Like I don't necessarily trust a lot of different things." She goes, but she goes, "I'd like to invest in this business venture. Can I go into real estate or another business venture with this?" And I said, "Using the deferred sales trust?" I go, "Yes, absolutely." So she exited the first 5 million when Bitcoin hit 54,000 a coin. And she deferred about 1.8 5 million in tax. And she's invested into a startup company for her the freedom was she could retire from the big tech company, but she could also build another company with her college roommate. It's an educational platform. It's what,  like Robert Kiyosaki on the right side of the quadrant, right? Getting on the business or investment side of things. It's like how do we use tax flow in this situation and using the deferred sales trust to unlock what someone's really trying to accomplish, whether that be moving closer to family, selling their big primary home, exiting their GP positions and not wanting to pay a bunch of tax, exiting their crypto and wanting to start a business venture, building investment real estate, the deferred sales trust unlocks that once you understand it.   Sam Wilson  09:58 That is awesome. Love that, that's really cool. Talk to us. And I know, again, we'd probably dug into this a little bit, but on the previous episode, but just these questions are coming up in my mind, much like, you know, let's say you're a self-directed IRA investor, all the proceeds have to go back into the IRA. Is that the same story with a deferred sales trust where even though, maybe you're deferring tax and things like that, you still really can't access the money? Or what does that look like as income-producing real estate throws off cash? Where does that cash then go?   Brett Swarts  10:30 Yeah, how was the deferred sales trust like a self-directed IRA? And how is it not? Well, first of all, it's like a self-directed IRA. So when the funds are in there, it's in a tax-deferred state. And the growth in the cash flow can typically grow tax-deferred. Why? Because it's able to expense what it owes to you in a given year, even if you haven't received payments out. Right. And that's a really cool thing. So it's growing income tax deferred and capital gains tax. It's unlike self-directed IRAs, there is no required minimum distributions. Although we do recommend, and how we structure our promissory notes. And for those who are wondering the deferred sales trust, you're lending the funds to the trust in exchange for a promissory note, and the trust is paying you back over time, we do like to see some payments coming out within the first two years. Some amount of payments coming out where you will pay some income tax on. But there's no like other things that as far as if you're partnering with the trust, you can partner with the trust, and you can buy investment real estate and the way we structure it, you can become an owner of an LLC, and you can partner with the trust where you can get the traditional cash flow, and that's appreciation. And not all of the cash flow has to roll back into it. And so it's much more flexible, Sam, for sure. Yeah,   Sam Wilson  11:34 That's, I mean, that's getting into the weeds on how you structure those things. But that makes a lot of sense. I guess the answer to the question is, can you keep all of the funds inside the trust and leave it there if you want? Can you also take money out? And it sounds like if you take money outside of the deferred sales trust, it just becomes taxable ordinary income?   Brett Swarts  11:50 Yes, define "taking out." What is a taxable event with the deferred sales trust? The answer is if you take it personally into your personal account, or you use it, you spit it in, like a primary home or your personal expenses, right? So the government gives us these tax deferral options, in order to incentivize us to do the things that they can't do very well as part of why they encouraged us to build and manage and own multifamily properties, because they're not very good in being in the housing business, right. So they give us depreciation, this is back to the tax flow concept here, right? So the deferred sales trust, likewise, based upon IRC 453, which is an installment sale, goes back to the 1920s. They're giving us this tool to incentivize someone to exit cryptocurrency or another business. And as long as those funds are put back into the economy, ie business ventures investments, which is going to spur economic growth, which is what's going to spur job creation, which is going to spur income tax, right? So they're winning here, we're winning. And that's really the goal, like where are the funds going? And how are they taxed? So let's play that out. If you partner with the trust and buy investment, real estate and build that for a client, I just did that for $2.6 million business sale in Tennessee, and he's building 72 multifamily units in partnership with the trust, you do it in a specific order. It's a tax, all of this tax is deferred. Okay. But the moment he wanted to put into a primary home, should he do that or take it personally, then it's taxable. Does that make sense? Sam?   Sam Wilson  13:11 Yeah. 100%, that answers the question entirely. That's really, really intriguing. Talk to me about timing on this. I mean, I think if everybody knew capacity or the capabilities of a deferred sales trust, it would be a very different environment for a lot of business owners, for a lot of people exiting things, you know, especially on the real estate side, you know, we see a lot of owner financing, especially on smaller deals, anything sub 10 million, if it's a mom and pop owner, most of the time that, you know, they'll want to do a seller carry-back just so they're not getting hammered with taxes all in one year. But this would be a unique strategy, of course, where they could plug it into a deferred sales trust. Where in this process is someone have to come to someone like you and say, "Hey, I need to employ your services." Is there a wrong time to do it?    Brett Swarts  13:55 Yeah, when is it too late for the deferred sales trust? It's too late if the buyer has removed all contingencies. And that means there's nothing remaining, and that's what's called constructive or… and a couple of days or a week, and there's nothing remaining between basically you and the seller, being able to say, to force the sale, they can say "You must transact Mr. Buyer." And because there's no contingencies remaining, that is when it's too late, unless you're an investment real estate property owner, and you can send the funds to a qualified intermediary, and then we can save a failing 1031 exchange on day 45 or day 181? These are the things that we work through with people all the time. In fact, we have an entire system and I would highly encourage you to never use a company that will not allow you to use a deferred sales trust. Make sure your accommodator is willing to accommodate and we have those but I literally have had two or three calls millions of dollars on the line for a very, very large, large exchange accommodator that is not allowing and will not move the exchange and they're putting these people in a terrible position. And they'll never use them again. And so you got to be very cautious, 1031 exchange companies don't want you to know about this. Most of them know, your 1031 Exchange broker or commercial broker. Most of them don't want to know about this, by the way, I'm a commercial real estate broker, started Marcus & Millichap. I love 1031 exchanges, but I love options. But more than that, and letting my clients to make the options for them, what's best for them, so you got to be very educated and prepared and have the team ready to go. Okay, so that's the timing aspect. Now, everything else is not 1031 eligible. We've got to do it before the buyer remove all contingencies, or before you have exited your cryptocurrency to cash. Even if you have Etherium, or Bitcoin, or different coin, and you're moving those coins. Remember, if you move to a different coin, it's taxable. Right? So to set up a deferred sales trust, for cryptocurrency owner, what we do is step one, we set up a trust. Step two, we open up the trust account at a place called Kraken. It's one of them that we use. It's like a coin base. Step three, you transfer the coin to the Kraken account and the name of the trust, right. So you haven't transferred it to your own name. It's the trust account, you can exchange a promissory note. And from there, the trust account can sell the cash, and then it can go to a bank account, and then it can start paying you. So these are all the steps that we help guide you through every step of the way. So hopefully that answers the question, Sam.   Sam Wilson  16:09 Yeah, absolutely. When is it too late? That's the summary question. Because I'm certain people have come to you in the past. And you're like, "Hey, I'm sorry, you're too late." And that's got to be a really disappointing conversation. Is there any golden parachute at that point, somebody can pull out that's different than a deferred sales trust?   Brett Swarts  16:26 There's an opportunity zone, if it's within 180 days from the time they closed, right. And so opportunity zones are one of our good cousins that we like here, Capital Gains Tax Solutions, they're like the trusted cousin. And, by the way, 1031 exchange is the trusted cousin, too, if you could find the deal, it makes sense. So you got, you have Delaware 1031, which we use for mortgage over basis. The cool thing, you know, for capital gains tax, which is for a plug for us is we're agnostic, as long as the thing is absolutely the best fit for you, right, and it's helping you clarify that. So we're called Capital Gains Tax Solutions, plural. And we're going to assess, and sometimes it's a mixture of both, like I'm closing a deal in Colorado, it's a $4.5 million deal. And this particular client has what's called a mortgage over basis. And we're using a partial Delaware statutory trust to extinguish and we'll replace some of that debt over bases, because what the deferred sales trust cannot replace mortgage over bases, cannot defer that. So we got to replace that debt. We have a unique zero Amazon coupon deal, where they're able to put a partial amount into that small amount of equity, get a huge amount of debt replacement, non-recourse out of their name. And then the rest of it known to the deferred sales trust. Well, guess what , this client wants to get into some cryptocurrency. And he's been an apartment complex owner and syndicator for years, and he's looking to diversify a little bit, because he's not seeing enough yield in some of these apartment deals that he would like to see. And so that's the cool thing about what we provide. And the key is which option or options, plural, is best suited for you.   Sam Wilson  17:46 That's really awesome. It just sounds like there's so many tools in the toolbox, you know that you guys have to help out people who are facing a tax liability situation. And I think that's the summary of the show is that even if you're in crypto, if you're in business, and again, there's a little bit of a rerun of the first episode, but no matter what you're in, that there are ways to reduce or eliminate your entire, you know, largest liability, which is your taxes.   Brett Swarts  18:11 Can I add one more to that too? By the way, so we're called Capital Gains Tax Solutions, but we're also an estate tax solutions, okay. And so I want to make this, give you guys a little extra bonus here. So we had a client that was selling a $5 million asset in Colorado, it's a different client. They're selling apartment complexes about two years ago, and they were 25 million. And their challenge wasn't just capital gains tax, whether they had zero basis, and they had a lot of gain there. Their challenge was the estate tax. And that's 40% of anything above basically 22 million married, Sam, or 12 million single, and it has nothing to do with a stepped-up basis. The 1031 Exchange does not solve this, you know, the swap until you drop does not solve this. You have to get the funds, the equity, the assets outside of your taxable estate. So generally speaking, most folks are either buying a bunch of life insurance, they're doing a bunch of gifting to their kids as fast as they can, or they're giving it all the way to charity as much as they can. Right? Well, guess what we provide? Without having to do any of those first three, they exited their asset into what's called the deferred sales trust 2.0. It's the DST plus is what is known as. And they completely eliminated that 5 million outside of their taxable estate. Now, they're still pretty young, their late 50s, early 60s, and they're looking at growth on this $25 million dollar estate to probably 50, potentially. 75 million. Well guess what they just did with 5 million of that? They exited outside the taxable estate which is what it eliminates 40% of the debt tax. Okay, so that is huge to for anyone who has ultra high-net-worth clients and is looking for an elegant solution upon an exit of an asset. The deferred sales trust plus is got to be one of the things you're looking at because it's amazing what it can do.   Sam Wilson  19:54 That's awesome. Brett again, you know, certainly enjoyed it. Thank you for coming on today. This was a blast to learn, again, all the really cool things that you can do with a deferred sales trust and the other options that are certainly out there. If our listeners want to get in touch with you or learn more about you, what is the best way to do that   Brett Swarts  20:08 There's a couple options. Number one, go to capitalgainstaxsolutions.com, or search that on Instagram, Facebook, LinkedIn, and YouTube. There's our big place where we provide a ton of free content, we have a ton of playlist, how to save a failed 1031 exchange, a 1031 exchange versus the deferred sales trust, the deferred sales trust versus the Delaware statutory trust. And then we have our cryptocurrency series as well, where we break down how to do this step by step. And then we have our mastermind every Friday at 10am Pacific Standard Time, 1pm Eastern is the Crypto DST Mastermind. We bring on clients, we bring on people learning about it for the first time, I bring on experts to talk about all of these things. And it's like a classroom. We're all hanging out. I'm on there, my team members are on there. My strategic alliances are on there. And we're just talking all about these types of things for, in frequently asked questions. And the last thing is we have expert tax secrets. We're coming with a brand new book, Kevin Harrington is going to be in the book, which is pretty cool. He's from Shark Tank and a bunch of other people. And so you can check out that new book. It's called Building a Tax-Deferred Exit Strategy.   Sam Wilson  21:07 Love it. Brett, thank you again for your time. Have a great rest of your day.    Brett Swarts  21:10 Thanks, Sam!   Sam Wilson  21:11 Hey, thanks for listening to the How to Scale Commercial Real Estate Podcast. If you can do me a favor and subscribe and leave us a review on Apple Podcasts, Spotify, Google Podcasts, whatever platform it is you use to listen, if you can do that for us, that would be a fantastic help to the show. It helps us both attract new listeners as well as rank higher on those directories so appreciate you listening. Thanks so much and hope to catch you on the next episode.

Wow, is this an episode you DO NOT want to miss!! Nilda came prepared with all the goodies, tons of good information, and tools to set you up for success no matter the business-she poured out so much wisdom. http://www.exceltaxsolutions.com/ --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

In this podcast, we hear from John Briggs, CEO and Founder of Incite Tax – a CPA firm that offers services ranging from tax preparation to accounting solutions. Incite Tax primarily works with real estate brokers, real estate investors, and microgyms to meet these companies' various needs. John also explains his process of writing a book titled “Profit First for Microgyms”. This book highlights John's experiences with microgyms; Incite Tax owns more microgyms than any other CPA firm in the U.S.

Brett Swarts is considered one of the most well-rounded Capital Gains Tax Deferral Experts and informative speakers in the U.S. He is the Founder of Capital Gains Tax Solutions, is an exclusive Deferred Sales Trust Trustee, host of the Capital Gains Tax Solutions podcast and an eXp Commercial Multifamily Broker in Sacramento, CA. His strategic alliances and clients are challenged to create and develop a tax-deferred transformational exit wealth plan using The Deferred Sales Trust (“DST”) so they can create and preserve more wealth or help their clients do the same. Brett is the host of the Capital Gains Tax Solutions podcast. Each year, he equips hundreds of high net worth business professionals with the DST tool to help their high net worth clients break out of capital gains tax jail. Mr. Swarts is passionate about educating high net worth individuals in capital gains tax deferral with a Deferred Sales Trust, how to divest from a business, cryptocurrency, highly appreciated stock, primary residence or investment real estate to gain freedom from feeling hostage to capital gains tax or a 1031 exchange, then invest back into a new business venture or investment real estate at any time [all capital gains tax deferred] which he calls optimal timing. His experience includes numerous Deferred Sales Trusts, Delaware Statutory Trusts, 1031 exchanges and $350,000,000 in closed commercial real estate brokerage and Deferred Sales Trust transactions. He's an active commercial real estate broker and investor with brokerage experience and ownership in multifamily, senior housing, retail, medical office, and mixed-use properties. He is a licensed California Real Estate Broker who has held series 22 and 63 licenses. Brett was formerly an associate at one of the largest CRE Brokerage firms in the country (Marcus & Millichap), is now a Sacramento Multifamily Broker with eXp Commercial. Brett lives in Roseville California, with his wife, Melanie and their 5 children. ~~~~~ A Crypto Gaming Institute Production. Website: https://CryptoGaming.Institute Twitter: https://twitter.com/CryptoGamingI Discord: https://discord.gg/VKMVr8nSJt Podcast: https://cryptogaming.institute/podcast YouTube: https://www.youtube.com/ben-gothard?sub_confirmation=1 YouTube Membership: https://www.youtube.com/c/BenGothard/join NFT Collection: https://opensea.io/CryptoGamingInstitute Podcast Support: https://anchor.fm/crypto-gaming-institute/support CGI Social Token: https://bitclout.com/u/CryptoGamingInstitute

Brett Swarts, an entrepreneur, commercial real estate investor, podcaster, capital gains tax deferral expert, deferred sales trust educator, trustee, and California multi-family broker. He is the founder of the Capital Gains Tax Solutions, founder of Commercial Realty, Apartment Advisors, and host of the Capital Gains Tax Solutions Podcast. Each year he equips hundreds of high-net-worth business professionals with the deferred sales trust tool to solve capital gains tax deferral limitations. This‌ ‌episode‌ ‌talks‌ ‌about:‌ Brett's background on how he started in real estate investing and the niche he focuses on today within capital gains taxes What is a deferred sales trust? How does a deferred sales trust work? The difference between deferred sales trust and a 1031 exchange. What is a capital gains tax deferral strategy? What type of properties/investments can involve a 1031 exchange Short-term vs long-term capital gains. What is optimal timing, “sell high buy low” in real estate Who are Bretts' business partners and the team he works with? What is “Capital Gains Tax Solutions” and the services they offer? How to stay driven, focused, and a leader of a successful company. Recommended life-changing books To connect with, Brett Swarts please visit: ➡️Company Website:

The Commercial Real Estate Academy podcast was created to demystify the commercial real estate industry for the masses. During our weekly episodes, we interview industry experts on a host of different commercial real estate-related topics. Through these interviews, we hope to arm you with the knowledge, references, and tools you'll need to confidently pursue commercial real estate opportunities as a business owner and/or an investor. Raphael Collazo and Jeff Walston are excited to introduce their guest for this week! In today's episode, we hosted Ben Swarts, Founder, Capital Gain Tax Solutions, for a lively conversation on the deferred sales trust tax deferral strategy. ▶️ During our conversation, we explored topics such as: • How he got started in commercial real estate, • What a deferred sales trust is, • What the tax advantages of a deferred sales trust are, • What the pros and cons of deferred sales trust are, • When it would be appropriate to use a deferred sales trust, • What the best resources are to learn about deferred sales trusts, • As well as much more... ▶️ If you're interested in learning more about Brett, below I've provided relevant links: ▶ Website: https://capitalgainstaxsolutions.com/ ▶ LinkedIn: https://www.linkedin.com/in/brett-swarts Below I've provided links to books that were referenced during the episode: 1) Never Split The Difference - https://www.amazon.com/Never-Split-Difference-audiobook/dp/B01COR1GM2 If you find value in these episodes, please SUBSCRIBE, leave a 5

We're back again! Our special guest Omo (@zo.kpia), co-owner of Otaigbe & Olumese CPAs Accounting & Tax Solutions (@oandocpas), is on with us to give yall the secrets to a successful and disciplined career. Be sure to tune in cause he has years of experience and knowledge to share stemming from his younger days all the way til now! Send us a voice message on topics you'd like to see discussed: anchor.fm/flo-llc/message For partnerships or support, please email us at: theflo.podcast1@gmail.com

When you sell your multifamily property you are taxed on the profits that the sale generates. That tax is called the capital gains tax and is usually 15%. It's a hefty tax to pay and will capture a pretty sizeable chunk of your profits. So what are some strategies to avoid paying this tax? Many have heard of the 1031 exchange, which can work is certain situations, but few have heard of the deferred sales trust.  Our guest Brett Swarts is a deferred sales trust expert, capital gains tax deferral expert, investment real estate expert, multifamily broker, and the founder of Capital Gains Tax Solutions – a company helping people to defer capital gains tax on the sale of their highly appreciated assets, eliminate the need for a 1031 exchange, and free up their time so they can create & preserve more wealth.   He created ‘Capital Gains Tax Solutions‘  to equip high net worth individuals and their trusted advisors with the deferred sales trust tool to help them solve capital gains tax deferral limitations. The first step to a great exit plan is a flexible plan to get out of debt, defer your tax, diversify and then purchase assets at optimal timing, while having liquidity and diversification all tax-deferred.   You don't like paying taxes, so you don't want to miss this show!