Podcasts about tax strategist

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:** -

What separates the average franchisee from the elite? In this solo episode, Erik Van Horn shares the exit playbook used by top-performing franchisees to scale, systemize, and cash out for millions. Discover how to go from franchise operator to investor, build a sellable franchise business, and protect your wealth with smart tax strategies and capital allocation.   Learn the secrets behind:   -Structuring a business for exit -Buying tired franchises and turning them around -Tax strategies every entrepreneur should know -Investor identity and risk mitigation -Avoiding the biggest mistakes after a big payday   Whether you're just getting started or preparing to exit, this episode gives you the tools, mindset, and playbook to build serious wealth through franchising.   Timestamps: 00:00 – From Operator to Investor: The Big Shift 02:18 – Replacing Your Income vs. Building Wealth 03:09 – Multi-Million Dollar Exit Strategy 06:38 – Learning the Investing Game 07:50 – How to Build a Sellable Franchise 08:57 – Buying Out Tired Franchisees 10:44 – Real Estate Risks When Acquiring Locations 13:35 – Resources: Franchise Secrets Facebook & Mastermind 14:48 – Buying Performing Assets and Doubling ROI 16:27 – Cash Flow vs. EBITDA: What Really Matters 17:43 – How to Exit Without Fully Exiting 18:45 – Find a CPA Who's a Tax Strategist 21:05 – Rookie Investor Mistakes to Avoid 24:01 – What Real Downside Protection Looks Like 27:10 – Define Your Investor Identity    Connect with Erik Van Horn:

Learn key tax-saving strategies and wealth-building insights from Larry D. West III as he chats with Mattias on The REI Agent Podcast. Dive into proactive planning and estate strategies to safeguard your financial future(00:03) - Introduction to The REI Agent Podcast(00:15) - Solo Hosting: Mattias Introduces the Episode Without Erica(00:45) - Audience Feedback Request: Intro Format Preferences(01:10) - Growth Support Request: Subscriptions and Reviews(02:00) - Guest Introduction: Larry D. West III, Tax Strategist(02:45) - Mattias on Tax Strategy's Importance for Real Estate(03:15) - Conversation with Larry D. West Begins(04:00) - Larry's Background: Journey into Tax Strategy(05:30) - Differences Between Accountants and Tax Strategists(06:45) - Strategies for Agents and Investors(08:10) - Introductory Tax Strategy Basics for Real Estate ProfessionalsContact Larry D. West III PB Strategies Global Services Facebook Instagram LinkedIn TikTok X--For more actionable content like this, visit reiagent.com

This week on the Life Changing Money podcast, Barbara Schreihans sits down with Emily Countryman, CEO and founder of Shift Set Go, to uncover the strategies behind building a successful weight loss business and maintaining personal wellness.If you've ever wondered how to grow a health-focused company or balance a hectic schedule with self-care, this episode is for you!Emily shares actionable insights on:

Pam Jordan is a no-nonsense financial expert and speaker who specializes in analyzing and streamlining the financial backend of fast-growing companies. With a hands-on approach, she helps business owners navigate the unpredictable roller coaster of cash flow, transforming financial chaos into strategic, sustainable growth.After experiencing firsthand the highs and lows of business finance, Pam made it her mission to master the mechanics of profitability. Now, she engineers custom financial strategies that eliminate fear and uncertainty, guiding entrepreneurs toward their most profitable years.Known for her straightforward advice and ability to simplify complex financial concepts, Pam cuts through the noise of so-called “expert” talk with real-world experience and results. She doesn't just talk about profitability—she builds it, one business at a time. Whether she's rolling up her sleeves to solve financial challenges or sharing her insights on stage, Pam delivers candid, actionable strategies that drive success.When she's not helping businesses take control of their numbers, you can find her enjoying an old-fashioned, always ready to talk about how she can help turn financial struggles into financial wins.Our Sponsors:* Check out Kinsta: https://kinsta.com* Check out Mint Mobile: https://mintmobile.com/tmf* Check out Moorings: https://moorings.com* Check out Trust & Will: https://trustandwill.com/TRAVIS* Check out Warby Parker: https://warbyparker.com/travisAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

This week on the Life Changing Money podcast, Barbara Schreihans shares the five most overlooked tax deductions that can drastically lower your tax bill.If you've ever wondered whether you're truly maximizing your deductions—or if you've been leaving money on the table—this episode is for you!Barbara lays out practical strategies to ensure you're not missing out on deductions for:

Tax planning isn't just a numbers game it's a strategic art.Join Shauna A. Wekherlien, known as the “Tax Goddess,” as she breaks down hergame-changing “Three-Legged Stool” approach to maximizing tax savings. Shauna,a CPA, MTax, and renowned Tax Strategist, has saved her clients over $1 billionin taxes through custom strategies tailored to business owners, investors, andentrepreneurs. With over 65 team members at Tax Goddess Business Services.Her fully digital firm ranks in the top 1% of U.S. tax strategists. Shauna'sexpertise has been spotlighted on Forbes, CNN Money, Entrepreneur, and more. Inthis episode, Shauna shares actionable insights to minimize tax burdenslegally, maximize deductions, and build a tax-efficient future. Whether you'rea seasoned entrepreneur or just starting, these strategies will transform howyou approach your finances. Tune in and take control of your tax game today!Connect with ourGuest:https://taxgoddess.com/ https://www.linkedin.com/in/taxgoddess/ https://www.facebook.com/thetaxgoddess https://www.instagram.com/thetaxgoddess Book: The 4-hour Workweek - Tim Ferriss: https://amzn.to/4g26fO5 Looking for tax savings and asset protection for your investments?Anderson Business Advisors is your go-to partner. Theyspecialize in assisting business owners and real estate investors in overcominglegal complexities and challenges that often arise.Sign up now for a FREE 45-minute consultation and pave theway to financial success!https://andersonadvisors.com/ss/?utm_... fore&utm_medium=affiliate&utm_content=strategy-session&utm_term=affiliate-portal&ocs=7016f000001auIJAAY&mls=Affiliate&cm=7016f000001auJ2AAI&aff_id=6e3abd00 ❗ SUBSCRIBE TO OUR YOUTUBECHANNEL NOW ❗ ✅ /@icecreamwithinvestors ___Ice Cream with Investors was built on the idea that personalgrowth directly correlates to financial growth. Whether you want to cultivatewealth or well-being, the first step is reframing your mind.On our weekly podcast, we sit down with successful investorsto learn how they strengthen their mindset muscles and make their money go towork for them. We help our listeners gain confidence, nix negative thinking,and drive life-long change through alternative investments.Because in a world that's more pessimistic than not, it's up to us to seek outthe good. And what's more feel-good than ice cream?___

Your Tax Strategist Should be Excited About Your Ideas Want more law firm owner tax and wealth building strategies? Subscribe to my free newsletter - https://bigbirdaccounting.activehosted.com/f/1

Kimberly Tara, CPA, CTC, is a wife, mom to 4 little kids, and a multi-passionate entrepreneur.As a Tax Strategist & Business Growth Advisor, Kimberly & her team partner with CEO Mom Service Providers to maximize revenues, reduce taxes, build wealth, and create a legacy. She believes in fostering a supportive community where CEO Moms are proactively encouraged to learn and ask difficult tax and financial questions so they can understand their numbers and confidently make better business decisions.Through proactive tax strategy and an ongoing, trusting relationship, Kimberly and her team believe in putting more money back in their clients pockets and helping them sustainably grow their business while putting family first. Kimberly is all about finding the balance to live your dream life and be successful at what matters most!TAKEAWAYS:In order for her business to have impact and to scale, Kimberly had to bust through her mental myths and fears about hiring someone. Then she got to a place where she knew having someone else help could serve her clients in an incredible way.Kimberly make short term sacrifices for long-term gain. What she discovered is that there is a time and place for everything. Sometimes you will have to cut certain expenses or temporarily work more, so that later down the line you are able to hire out and work less hours. In order to hire a team member in her business, Kimberly started getting lean with expenses and even took a small pay cut. She and her husband became super mindful of their personal expenses and goals so that she could take a short term pay cut. RESOURCES:Visit the blog post that goes along with this episode for more resourcesSend Kimberly a DM over on InstagramListen to Kimberly's podcast, CEO Moms Building WealthListen to Allison's interview on the CEO Moms Building Wealth podcastSnag a seat in Allison's Sell on Autopilot Masterclass, and learn how to use email marketing to sell while you sleep (or, ‘ya know…live your actual life!)CONNECT WITH ALLISON:Follow Allison on InstagramDID YOU HAVE AN 'AH-HA MOMENT' WHILE LISTENING TO THIS EPISODE?If you found value and are ready to take action from listening to this episode, head to Apple Podcasts and help us reach new audiences by giving the podcast a rating and a review. This helps us to reach more online coaches who are creating a thriving 6-figure business.Music courtesy of www.bensound.com

The word “taxes” makes many break out in a cold sweat, feeling stressed. But it doesn't have to be that way with the proper planning and the right information. In this conversation, I speak with my friend Tatiana Tsoir, an award-winning accountant and business turnaround advisor about the topic of taxes and planning. We will uncover some insights that will help all of us with our end-of-the year planning as well as create a strategy for the future. Takeaways: 1-Taxes are not a once-a-year event. Be proactive all year with accounting. 2-There is a “taxpayer bill of rights.” Are you familiar with it? You can reach Tatiana at: https://www.linzacpa.com  and tatiana@linzaadvisors.com Full article here: https://goalsforyourlife.com/lower-tax-bill Get all our free weekly articles here: https://goalsforyourlife.com/newsletter Resources with tools and guidance for mid-career individuals, professionals & those at the halftime of life seeking growth and fulfillment: http://HalftimeSuccess.com  #organizingtaxes #yearendtaxplanningtips #howtofileyourtaxesasabusinessowner #yearendtaxplanningstrategies #yearendtaxstrategy CHAPTERS: 00:00 - Introduction 01:20 - Tatiana Tsoir 05:22 - Pre-planning Strategies 07:18 - Tax Planning for Small Businesses 11:31 - Understanding the Taxpayer Bill of Rights 12:18 - Importance of a Tax Strategist 21:40 - CPA vs. Tax Strategist: Do You Need Both? 30:40 - Special Training for Tax Professionals 31:15 - Year-End Tax Preparation Tips 34:07 - Importance of Updating Financial Records 35:31 - Cash Basis Accounting Explained 38:50 - IRS Safe Harbor Procedure Overview 40:15 - Author's Journey: Why Write a Book? 43:16 - Key Takeaways for Viewers 44:54 - How to Contact Tatiana Tsoir 45:50 - Outro

"Send us a question/suggestion"We invited Shauna Wekherlien, one of the US' top 1% ranked and highly sought-after tax strategists. Having founded Tax Goddess Business Services, PC in 2004, she has built a large global team of tax specialists who use "plain language" (not tax code) to help her clients create tax opportunities. She shares her tips to manage tax risk legally - enjoy![00:00-05:24] Introduction - How she started as a goddess[05:25-10:01] Treat investments differently[10:02-16:07]  DO THIS before selling properties[16:08-21:24] How to avoid months of delayed sale[21:25-22:40] Empire building = legacy[22:41-26:42] How to find the right CPA for you?[26:43-28:45] Small expenses help[28:46-32:25] When do you need a goddess?[32:26-34:58] Why LLC is important[34:59-36:25] Get Answers from a Tax Strategist[36:26-40:12] Don't delay for better options[40:13-41:39] Expert Q&AMore on YouTUbe? Watch here: https://youtu.be/dTeulR2fNus*** Start taking action right NOW! GRAB OUR EBOOK we give our mentoring clients - for a limited time only! Download episodes to your favorite platforms at idealinvestorshow.com Connect with us through social! We'd love to build a community of like-minded people like YOU!

David Perez is the #1 Tax Strategist known for helping high-income earners reduce or eliminate their tax liability by implementing advanced tax strategies. David is passionate about helping his clients join the Elite 3% of taxpayers who make over $200,000 and pay $0 in federal taxes. In this episode, Christian and Rod sit down with David to talk all things tax strategy, equipment leasing, and deferring taxes to build wealth.   Connect with David: Website: davidaperez.com Facebook: David A. Perez YouTube: @iamdavidaperez   Money Insights is a strategic planning firm that is founded on the principle that "off-the-shelf" products and solutions often do not meet the needs of high-income earners. The Money Insights team works to collaboratively design customized financial solutions that will leave a lasting impact on each of their unique clients.   Visit Money Insights and take the Investor Quiz at https://moneyinsightsgroup.com ! Listen to the Money Insights podcast on Spotify, Apple Podcasts, or at https://moneyinsightsgroup.com/podcast

Click Here for the Show Notes ---------------------------------------------------------------------------------------------------------------- Summary In this episode of the Passive Real Estate Investing show, Marco Santarelli addresses listener questions regarding the establishment of LLCs for asset protection, the importance of insurance policies, managing finances through separate bank accounts for LLCs, and finding a knowledgeable tax strategist for real estate investments. The conversation emphasizes the significance of proper financial management and legal structures in building wealth through real estate. ---------------------------------------------------------------------------------------------------------------- Timestamp 02:24 Setting Up an LLC for Asset Protection 06:39 Understanding Insurance: The Umbrella Policy 09:57 Managing Finances: LLC Bank Accounts 10:27 Finding a Tax Strategist for Real Estate Investors ---------------------------------------------------------------------------------------------------------------- Takeaways It's important to have a separate LLC for each property for asset protection. Umbrella policies can provide additional liability coverage but are rarely used. Always keep personal and LLC finances separate to maintain legal protections. Finding a tax strategist who understands real estate is crucial for effective tax planning. Insurance policies should be reviewed regularly to ensure adequate coverage. Using online services can simplify the process of setting up an LLC. Interview potential tax strategists to gauge their expertise in real estate. Consider local real estate investment groups for referrals to tax professionals. Maintaining good records and separate accounts is essential for LLCs. Understanding the nuances of tax law can significantly impact your investment strategy. ---------------------------------------------------------------------------------------------------------------- Easy, stress-free, and personalized business formation for clever people with big ideas.  Get your FREE LLC up and running fast and hassle-free ---------------------------------------------------------------------------------------------------------------- If you missed our last episode, be sure to listen to TBT: Retire Early with Real Estate – Chad Carson Download your FREE copy of:  The Ultimate Guide to Passive Real Estate Investing. See our available Turnkey Cash-Flow Rental Properties. Please give us a RATING & REVIEW   (Thank you!) SUBSCRIBE on iTunes  |  Stitcher  |  Podcast Feed  ---------------------------------------------------------------------------------------------------------------- Check Out These Links Norada Real Estate Investments Norada Capital Management #LearningRealEstate #AskMarco #PassiveRealEstateInvesting #Turnkeyproperties #RealEstatePodcast #Investment #investors #RealEstateInvestors #RentalProperties #TurnkeyProperties #NoradaRealEstateInvestments #NoradaCapitalManagement

When I was running my practice, I dreamed of having a tax professional who would do actual tax strategy. Like WAY MORE than just getting behind my Roth conversions or more traditional ideas like QCDs, but someone that could actually sit down with my clients and tell them if they should buy their car through their business, tell them what type of entity they should be, help my boring W-2 clients find clever ways to strategize to save tax dollars well in advance of tax season, figure out a way for them to deduct their Starbucks obsession (and she shares this story in this episode), or if doing an AirBnB makes sense for their lake house… you know what I'm talking about a TAX STRATEGIST… not just a CPA. Enter, Shauna the Tax Goddess. Yes, that's the name of her company and she's known as the Tax Goddess because she is one of the most highly credentialed tax strategists in the United States. In this episode, Shauna gives us a glimpse into the world of tax strategy and how they help advisors' clients get creative and save boatloads of tax dollars without getting into the gray area of the tax code.  We get into: How having deeper conversations leads to unique tax savings opportunitiesHow to turn a hobby into a potential business for your clientsWhat the IRS considers reasonable… and Shauna shares an example that might floor you as it did me!How tax strategy differs from tax preparation and basic tax ideasIf nothing else, you will be entertained by this episode!Schedule a time to learn more about The Tax Goddess and what they can do for your clients! Join the Group Coaching Waitlist HereDownload the Family Tree Template HereEnroll in The Perfect RIA Masterclass HereConnect with Libby on LinkedIn Here!Successful businesses don't get built alone. You need community! You need collaboration! Join us in The Efficient Advisor Community on Facebook.Check out more FREE resources and our FREE video library at http://www.theefficientadvisor.comLooking for all the resources from this episode? Check out this episode's webpage for show notes, transcripts, downloads and more!

Today we're talking all about what a tax strategist is, and more importantly, why you need one in your business. We're chatting about how the right tax strategist won't just get your taxes ready once a year. They'll partner with, educate you, and empower you to make smart choices in your business – so you can keep more of your money, work less, and spend more time with your kids. If you're a CEO Mom who has been overwhelmed by anything tax-related in your business, shocked by a huge tax bill in April, or unsure if you're doing what you need to do to stay compliant with the IRS, then you need to hear this!Links:Work with the Tara CPA FirmTake the Tax Support Navigator to find out how we can ease the stress of tax strategy and prepBEYOND THE HYPE: How to Save $ with S Corps the RIGHT WayRegister now: https://taracpafirm.com/s-corp-masterclass/ Connect with Kimberly on Instagram: https://www.instagram.com/taracpafirm/ Website: https://www.taracpafirm.com/

In this episode, Shannon delves into the often overwhelming world of tax strategy and its true impact on business finances. If you've ever questioned whether you need a tax strategist or simply want to avoid surprise tax bills, this episode is tailor-made for you. Shannon will debunk common myths, highlight the importance of proactive communication with tax professionals, and stress why understanding your financial landscape is more important than chasing every possible deduction. Whether you're an experienced business owner or just starting your entrepreneurial journey, this episode offers valuable insights that could save you thousands and help you scale your business effectively. Get ready to learn and transform your approach to tax planning.   What you'll hear in this episode: 06:38 Don't sacrifice happiness for taxes; prioritize values instead. 10:02 Plan based on tax behavior updates, stress-free. 11:02 Focus on saving discipline and mindset shift.   If you like this episode, check out: Why You Want to Avoid Tax Extensions Think Twice Before Forming a Multi-Owner Business Moving to a Tax-Free State - Worth it?   Want to learn more so you can earn more? 5-Day Financial Mindset Refresh: https://www.keepwhatyouearn.com/refresh Visit keepwhatyouearn.com to dive deeper on our episodes Visit keepwhatyouearncfo.com to work with Shannon and her team Watch this episode and more here: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ Connect with Shannon on LinkedIn: https://www.linkedin.com/in/shannonweinstein/  Connect with Shannon on IG: https://www.instagram.com/shannonkweinstein/   The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.

Find out all the secrets to living your best entrepreneur life from anywhere in the world. Today host Natalie Benamou sits down with Sandra Morno, a tax expert and global traveler, to share her incredible journey of building a successful career that allows her to live and work from anywhere in the world. Sandra dives into how she transitioned from a traditional career path to a life of adventure and freedom, offering practical tips on managing a business remotely and the importance of financial planning. Tune in to hear Sandra's insights on balancing work, travel, and life, and learn how you can create a life that blends your professional ambitions with your personal passions.3 Key Takeaways:Embrace Change and Opportunity: Sandra shares how stepping out of her comfort zone and embracing unexpected opportunities led her to a fulfilling career that aligns with her lifestyle goals.Importance of Financial Planning: Sandra emphasizes the critical role of financial planning in enabling a flexible and mobile lifestyle, offering practical advice on budgeting, accounting software, and tax planning for entrepreneurs.Community and Support Systems: Building and maintaining strong community connections, both online and offline, is crucial when living and working abroad. Sandra highlights how these relationships provide support, safety, and a sense of belonging.3 Quotes:

Send us a textFor more in-depth guidance, visit www.prosperlcpacomTo become a client go to https://membership.markperlbergcpa.com/applyCan the right tax strategist transform your financial future? Join us as we uncover the essential steps to finding a competent tax planner who can navigate the complexities of your finances—from real estate to investments and estate planning—without costing you a fortune. We'll guide you through the critical process of due diligence and explain why recommendations from peers with similar financial situations can be invaluable. Discover how to evaluate potential tax planners based on their communication skills, proactive approach, and track record with clients resembling your profile.For elite entrepreneurs, the choice between a compliance-focused firm and a strategy-focused one could make a significant impact on your bottom line. While the latter may come with higher fees, the sophisticated, value-added strategies they offer can translate into substantial tax savings. We'll provide practical advice to avoid overpaying for professional services while securing top-quality tax planning. Tune in for actionable insights on vetting the right tax strategist to maximize your tax savings and streamline your financial health. For more in-depth guidance, visit www.prosperlcpacom.

LifeBlood: We talked about becoming a bookkeeper, why it's a great opportunity for anyone looking for freedom and flexibility, how it can be a wonderful fit for single parents, immigrants, and trauma survivors, and how to get started, with Tatiana Tsoir, CPA, MBA, Tax Strategist, author, and speaker.        Listen to learn why you don't need formal education to have a great career as a bookkeeper! You can learn more about Tatiana at TatianaTsoir.com, Instagram, and LinkedIn. Thanks, as always for listening! If you got some value and enjoyed the show, please leave us a review here: ​​https://ratethispodcast.com/lifebloodpodcast You can learn more about us at LifeBlood.Live, Twitter, LinkedIn, Instagram, YouTube and Facebook or you'd like to be a guest on the show, contact us at contact@LifeBlood.Live.  Stay up to date by getting our monthly updates. Want to say “Thanks!” You can buy us a cup of coffee. https://www.buymeacoffee.com/lifeblood

On this week's episode, Rich sits down with Karlton Dennis, one of America's Leading Tax Strategists who focuses on "Tax Free Living" with compliance of Federal and State Tax regulations. Carlton is the Founder and CEO of Tax Alchemy, a firm specializing in sophisticated tax planning. They dive deep into topics like How to Write off a Private Chef, Revokable vs Irrevokable Trusts, STR Loopholes and placing your spouse or child on your payroll as a business owner. You'll also learn some of the best cars to write off on your taxes for Code Section 179. Connect with Karlton Dennis on Instagram @karltondennis --Connect with Rich on Instagram: @rich_somersInterested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call. Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call. Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.

"Where does it all go?"This is a question I often hear from new clients when discussing their revenue. No matter how hard we work and how many clients we bring on board, it can sometimes feel as though our pockets are a little empty at the end of the month. As entrepreneurs, we not only want to make more money, we also want to KEEP more of it! In this episode of The Business of Thinking Big, I chat with money expert Kimberly Tara. As a brilliant Tax Strategist and Business Growth Advisor, Kimberly fosters a supportive community where CEO moms are encouraged to ask the difficult tax and financial questions, so they can confidently make better business decisions.During this juicy and value-packed conversation, we explore the savvy marketing strategies that will help you increase your revenue, and Kim reveals her top three financial tips for holding onto more of the money that you earn.In‌ ‌this‌ ‌episode,‌ ‌you'll discover:‌ ‌3 things every entrepreneur needs to know in order to make more money in their businessThe numbers that you should be monitoring each and every monthWhy consistency is key when it comes to tracking your numbersGuest bio: Kimberly Tara, CPA, CTC, is a wife, mom of 4, and a multi-passionate entrepreneur. As a Tax Strategist and Business Growth Advisor, Kimberly and her team partner with CEO Mom service providers to build wealth through proactive tax strategy and an ongoing, trusting relationship with your CPA. She believes in putting more money back in her clients' pockets and helping them sustainably grow their business while putting family first. Timestamps:‌ ‌00:34  Meet Kimberly Tara02:38  Finding our niches06:36  Mom or badass biz owner?10:14  Co-episode explanation11:48  Post with intention15:16  Prospect18:11  Reframing the sale & knowing what to share20:43  Pitch yourself25:38  Step into your CEO role26:33  Know your numbers29:34  Focus on the right numbers32:20  Building sustainability34:17  Expenses v. investments38:56  Taking ownership41:36  Final tips45:24  ConclusionLinks mentioned:‌ ‌Kimberly Tarataracpafirm.com Facebook: facebook.com/taracpafirm Instagram: @kimberlytaracpa  A-Players Rapid Impact Business Coaching Program—Learn with me: Mamapreneur Success Path - Free Audio Training‌Connect with me:  Facebook: facebook.com/liannekimcoach  Instagram: @liannekimcoachJoin the Mamas & Co. community to get access to valuable resources and the support of likeminded mompreneurs and mentors: mamasandco.com Instagram: @mamasandcoPodcasting support:theultimatecreative.com copymagic.agency

Re-sharing one of our top episodes with Karlton Dennis. Original airdate was on November 16, 2023.Rich sits down with Karlton Dennis - a Licensed Enrolled Agent, Tax Strategist, Forbes council member, Consultant and YouTuber. Karlton has helped over 10,000 clients and 3200 real estate investors and entrepreneurs save millions of dollars in taxes in real estate and business. Karlton also hosts the podcast “Tax Free Living.”Rich and Karlton start off by discussing the LA Lakers and Clippers, how Karlton became a tax professional, the benefits of setting up holding LLCs in Wyoming and Delaware, the benefits of having a living trust, the differences between a revocable trust and irrevocable trust, and the STR loophole for high earning w2 taxpayers. They also reflect on the intricacies of depreciation recapture, the 1031 exchange, cost segregation studies, Tenancy in Common, reverse 1031 exchanges, the definition of like kind exchanges, the child payroll strategy, S Corps and C Corps, the intricacies of Roth IRAs and backdoor IRAs, whether high income earners should put their money into Roth IRAs or 401ks, and self directed 401ks.Lastly, Rich and Karlton talk about setting up Simplified Employee Pension Plan (SEP), stepping up and taking action during the COVID-19 lockdown, tax strategies for high income earners of $10 million or more, and the tax benefits of purchasing jets, yachts, and luxury cars. Connect with Karlton on Instagram: @karltondennis--Connect with Rich on Instagram: @rich_somersInterested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call. Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call. Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.

This episode of the Small Business Origins podcast features guest David Encarnacion, the founder of Day Care Accounting Pro. They discuss David's journey into entrepreneurship, from working various jobs like driving a cab and bartending while attending college, to becoming a stockbroker and eventually an accountant focused on helping daycares. If you have tax questions and would like to limit your liability, this episode is for you!Main discussion points:- The importance of tax planning for small businesses instead of just tax preparation- Common mistakes David sees daycares making with their taxes and entity structure - How proper bookkeeping, payroll, and taxes can help daycares grow their business and retain more of their income- Actionable tax strategies listeners can implement like retirement contributions and bonus depreciation Guest Bio:David is a Tax Strategist, Speaker and Founder of Daycare AccountingPRO. David runs a boutique accounting practice exclusively servicing the Daycare Industry for over 10yrs. David and his team provide modern-day accounting tactics & strategies to help Daycare Owners increase profits, cut cost, pay the least amount to the IRS and put owners on the road where they can focus on building their business so they can ultimately enjoy peace of mind. David has put together a team of strategic thinkers focused on exploring tax strategies, uncovering hidden gems in the tax code, and executing outside-the-box tactics that will increase revenues, save on taxes, and bring unsurmountable VALUE to the Daycare Industry. If Owners are not as financially successful as they want to be, the team will help them to get there. David's mantra is “Daycare Owners suffer from an inherent number of challenges; Accounting should NOT be one”.Key Quotes:"Everyone talks about, without naming any names, all these companies and individuals that are paying 0 in taxes or very little. Well, guess what? That's what you should be following." [00:20:29]"If you're paying tax, you're in a group that doesn't know." [00:36:33] "How much business can you bring in if you had an additional 43 days?" [talking about spending less time on bookkeeping] [00:43:43]Links Mentioned:Daycare AccountingPRO OnlineX (Twitter)InstagramFacebookYouTubeLinkedInTikTokBeefy MarketingSmall Business Origin OnlineSponsor: WingmanJohn Kelley's Links

In this episode of the Profit First for REI podcast, we have Shauna, the Tax Goddess. Shauna is a highly sought-after Tax Strategist who helps successful business owners, entrepreneurs, and high-wage earners reduce their tax burden.If you need practical advice on keeping more money in your pocket and not paying too much tax, Shauna has a wealth of knowledge! In this episode, she shares ways to save money on taxes and more ways to increase your profitability. Enjoy the show!Key Takeaways:[00:55] Introducing Shauna the Tax Goddess[01:45] 'The Tax Goddess'[03:18] How did she become a tax strategist?[07:25] Ordinary, necessary, reasonable[12:28] Different tax strategies[17:29] What is your aggression scale?[19:51] Specific tips for real estate investors[25:45] Performance vs Culture[28:40] Connect with Shauna, The Tax GoddessQuotes:[10:49] "A lot of what you do as a business owner, you need to run through this filter of ordinary, necessary, and reasonable to determine if for you and what you are doing, you believe that you need those three."[16:24] "Which strategy will be the best depends on what you as a taxpayer want for you, your family, and your wife."[18:09] "Your aggression scale will determine which strategies you can use or don't use."Connect with Shauna:Website: https://taxgoddess.com/ Tired of living deal to deal? If you are a real estate investor or business owner who is tired of living deal to deal and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. - David

In today's episode, we'll dive into a topic that often complicates business finances—business travel deductions. Whether you're a solo entrepreneur or managing a team of traveling employees, keeping track of travel expenses can be daunting. But don't worry, I've got you covered. I'll be sharing a smart strategy using GSA per diem rates to simplify this process, ensuring you stay organized and compliant. Plus, I'll sprinkle in some practical tips to make your travel expense tracking hassle-free. Stay tuned for valuable insights that will make your next business trip smoother and more efficient.   What you'll hear in this episode: 03:23 Employees choose necessary incidentals, not transportation costs. 07:11 Control spending on company credit card effectively.   If you like this episode, check out: What They Never Tell You About Depreciation How to Deduct Self-Employed Health Insurance Premiums Should I Hire a Tax Strategist?   Want to learn more so you can earn more? Transform your small business journey – download the Small Business $tarter Kit here. Visit keepwhatyouearn.com to dive deeper on our episodes Visit keepwhatyouearncfo.com to work with Shannon and her team Watch this episode and more here: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ Connect with Shannon on IG: https://www.instagram.com/shannonkweinstein/   The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.

Welcome to the Financial Freedom and Wealth Trailblazers Podcast! In this episode, we will dive into the unique tax challenges faced by digital nomad women, from understanding international tax laws to finding the right deductions and credits. Sandra Morno, Tax Strategist, digital nomad and a MoneySmart Travelnista with 15 year's experience. She is originally from Miami, Florida, but you may find her roaming the world as a digital nomad. She actually stumbled into working in this industry after helping a friend out while she finished up grad school. After receiving an unexpected tax bill from the IRS, she vowed to learn all that she could when it comes to taxes and help others to stop overpaying the IRS. She is now passionate about helping women entrepreneurs manage their taxes. She especially loves working with women entrepreneurs that are traveling and/or living abroad running six-figure service based businesses in the US. The goal is to educate them on how to take the anxiety out of taxes and stop them from overpaying the IRS.  She is an Enrolled Agent which is something like a CPA, but IRS licensed and focuses mainly on taxes, tax planning and tax problems.  She is currently traveling through Latin America in search of a home outside the US. Connect with Sandra   here: https://www.instagram.com/sandradphoenix/ https://www.linkedin.com/in/sandramorno-taxstrategist/ https://www.facebook.com/sandrad.morno/ Grab the freebie here:https://www.ssbmconsulting.com/tax-savings-cheat-sheet =================================== If you enjoyed this episode, remember to hit the like button and subscribe. Then share this episode with your friends. Thanks for watching the Financial Freedom and Wealth Trailblazers Podcast. This podcast is part of the Digital Trailblazer family of podcasts. To learn more about Digital Trailblazer and what we do to help entrepreneurs, go to DigitalTrailblazer.com. Are you a coach, consultant, expert, or online course creator? Then we'd love to invite you to our FREE Facebook Group where you can learn the best strategies to land more high-ticket clients and customers.  Request to join here:  https://www.facebook.com/groups/profitablecoursecreators QUICK LINKS:  APPLY TO BE FEATURED: https://app.digitaltrailblazer.com/podcast-guest-application GET MORE CLIENTS: https://app.digitaltrailblazer.com/client-acquisition-accelerator-pdf DIGITAL TRAILBLAZER: https://digitaltrailblazer.com/ JOIN OUR FREE FACEBOOK GROUP: https://www.facebook.com/groups/profitablecoursecreators

In today's episode, we're diving into one of the less talked about aspects of tax deductions: depreciation, and specifically, depreciation recapture. We'll unravel the intricacies of bonus depreciation and Section 179, and reveal why these strategies might seem like tax eliminators but are often just tax deferrals. Plus, you'll learn how selling your business assets can lead to unexpected tax consequences. Stay tuned for actionable tips on how to navigate these financial nuances and safeguard your business's wealth.   What you'll hear in this episode: 05:21 Consult tax advisor before selling business or assets. 07:26 Foundational business resources for successful startup.   If you like this episode, check out: Should I Hire a Tax Strategist? How to Read Your Tax Return S Corp Salary Explained Like a 3rd Grader   Want to learn more so you can earn more? Transform your small business journey – download the Small Business $tarter Kit here. Visit keepwhatyouearn.com to dive deeper on our episodes Visit keepwhatyouearncfo.com to work with Shannon and her team Watch this episode and more here: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ Connect with Shannon on IG: https://www.instagram.com/shannonkweinstein/   The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.

In today's episode, we'll be tackling a crucial topic for those of you who have transitioned from being employees to becoming self-employed or small business owners—deducting self-employed health insurance premiums. Navigating the intricacies of health insurance as an entrepreneur can be daunting, especially when it comes to tax deductions. We'll break down everything you need to know, whether you're a sole proprietor, single-member LLC, or operate under an S corporation or C corporation. From understanding where to report your premiums on your tax return to making sure you get the maximum deduction, this episode is packed with actionable insights.   What you'll hear in this episode: 04:45 Use an accountable plan for business reimbursements. 07:46 Filing through corporation saves on taxes.   If you like this episode, check out: Should I Hire a Tax Strategist? How to Read Your Tax Return S Corp Salary Explained Like a 3rd Grader   Want to learn more so you can earn more? Join Gusto today and get a $100 Visa Gift Card Visit keepwhatyouearn.com to dive deeper on our episodes Visit keepwhatyouearncfo.com to work with Shannon and her team Watch this episode and more here: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ Connect with Shannon on IG: https://www.instagram.com/shannonkweinstein/   The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.

On today's episode, Rich sits down with Amanda Han – Real Estate CPA, Tax Strategist, and Managing Director of Keystone CPA. CPA by day and real estate investor by night, Amanda Han is a tax expert who helps entrepreneurs and real estate investors save money. When she's not busy helping others with their taxes, she's looking into the numbers to help leverage her own real estate portfolio. She's been featured on Money Magazine, Google, and Forbes.Rich and Amanda start off by discussing the podcast voice, the times that are most fulfilling in business, connecting with Karlton Dennis and Bethany LaFlam, Weezer, yacht parties, 506b and 506c syndications, what you need to scale up deals,  international interest rates, using debt to create tax benefits, cashflow and hold periods, lazy 1031 exchanges, and finding the right CPA.They then reflect on 100% bonus depreciation and current politics, the IRS and syndication returns, the CPA pay scale working for the government, the step up tax basis, the disconnect of passing down wealth, what happens when you're audited, and cost segregation studies. Lastly, they talk about down payments and roll overs, Amanda's advice for Rich's companies and properties, Yachts, Code section 179 and exotic car clubs, STR Tax loopholes, and taxing unrealized gains.Connect with Amanda on Instagram: @amanda_han_cpa--Connect with Rich on Instagram: @rich_somersInterested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more. Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call. Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.

In today's episode, we're diving into the realm of tax strategists. I'll be sorting out the hype from the truth and guiding you on whether you genuinely need a tax strategist or if you're simply buying into the marketing noise. We'll talk about the problems that a tax strategist can solve for you, why a close relationship with your CPA might be what you truly need, and how to steer your business towards wealth without letting tax worries slow you down. And for those of you stressed about high tax bills, I've got insights that might just change your perspective. Stick around to finally learn how to make tax planning empowering, not daunting. Let's get into it.   What you'll hear in this episode: 07:04 California has high taxes, but estimation process. 09:17 Plan taxes around lifestyle, not vice versa. 12:37 Focus on earning, planning, and professional advice.   If you like this episode, check out: How to Read Your Tax Return S Corp Salary Explained Like a 3rd Grader CFO Q&A - Tax Estimates   Want to learn more so you can earn more? Join Gusto today and get a $100 Visa Gift Card Visit keepwhatyouearn.com to dive deeper on our episodes Visit keepwhatyouearncfo.com to work with Shannon and her team Watch this episode and more here: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ Connect with Shannon on IG: https://www.instagram.com/shannonkweinstein/   The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.

There are tax advantages for investing in real estate, but do you actually know how to leverage them for your benefit?In this episode, Thomas Castelli, CPA, CFP, drops a ton of knowledge on how to maximize your tax savings as a real estate investor. He dives straight into the pros and cons of accelerated depreciation, the right time to do cost segregation studies, common misconceptions and mistakes investors make in their tax strategy.Thomas provides tips for choosing the right CPA for your real estate business, tracking your business hours and taking advantage of your professional real estate status.Don't miss this opportunity to learn how to optimize your investments with expert advice from a tax strategist. Tune in now!Topics discussed in this episode:The role of a tax strategist in real estateMisinformation around tax strategiesHow to properly vet a CPATax benefits of being a real estate professionalUnderstanding accelerated depreciationWhen to NOT do cost segregation studiesCommon mistakes and how to avoid themPlanning ahead for tax seasonConnect with Thomas Castelli:https://thomascastelli.com/linkshttps://twitter.com/thomascastellicpahttps://www.instagram.com/thomascastellicpahttps://www.linkedin.com/in/thomascastellihttps://www.tiktok.com/@thomascastellicpahttps://www.facebook.com/castellithomasConnect with DJ Olojo:https://www.djolojo.com/https://www.instagram.com/dj_olojo/https://www.facebook.com/Djolojo/https://www.theforeclosurefixpodcast.com/https://www.youtube.com/@TheForeclosureFixhttps://www.linkedin.com/in/djolojoCheck out the FREE Collecting Keys “Sub To Transactions” Master Class!https://collectingkeys.com/subtoIf you're an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://collectingkeys.com/Check out the Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeys.com/Download the FREE 5-Step Guide To Generating Off Market Leads here: https://collectingkeys.com/free/If you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://collectingkeys.com/keyscon-2023/ and see if you are a good fit for the mastermind group!

On this weeks episode Steven is joined by an Advisor who is generously sharing what worked so well for him as he built and sold a planning practice across multiple decades. Derrick Kinney, host of the Good Money Podcast, gives specific approaches he has used and coached advisors on that he has seen produce results time and again. His recommendations are not on specific tax principles but give Advisors the tools to communicate in a way that is going to have lasting impact. https://zurl.co/Lglt

Ever wondered how to assemble an elite tax team or the intricacies of working with a strategic tax coach to drastically reduce your tax burden?Listen in as my guest, Shauna A. Wekherlien, CPA peels back the curtain on these topics and more, offering her expert predictions for 2024 and sharing valuable insights on deductions and credits you're likely missing.From navigating financial windfalls like selling a business or property to innovative strategies for business owners and side hustlers—like hiring your children or even writing off your dog—Shauna promises legal, effective tactics to lighten your tax load.If you're ready to transform your approach to taxes and uncover strategies to keep more of your hard-earned money in your pocket, this episode is a treasure trove of wisdom you won't want to miss.Anna's Takeaways:Intro (00:00)Minimizing Tax Burden (01:36)Building A Team Of Professionals (04:18)Working With CPA's (10:17)Tax Strategies For Individuals And Businesses (13:41)Starting A Business + Using Children In Tax-Free Income (19:09)Saving Money For Children's Education (25:21)Families With Businesses + Investments (28:07)529 College Savings Plans + Alternative Life Insurance Options (32:31)Families With Kids (38:12)Strategies For Significant Life Changes (41:04)Meet Shauna A. Wekherlien, CPA:Shauna A. Wekherlien, CPA, MTax, CTC, CTS, commonly known as The Tax Goddess, is a US' Top 1% ranked, highly sought-after Tax Strategist. She is passionate about helping successful business owners, entrepreneurs, and high-wage earners reduce their tax burden. Having founded Tax Goddess Business Services, PC in 2004, she has built a large global team of tax specialists who use "plain language" (not tax code) to help her clients create tax opportunities and manage tax risk legally.Rate, Review, & Follow on Apple PodcastsMoney Boss Parents! Welcome to Anna's Money Boss Parent podcast, your go-to resource for mastering money management while raising a family. Join me as we explore practical tips, expert insights, and inspiring stories to help you achieve financial success and create a brighter future for your loved ones.Don't forget to subscribe, rate, and review the show to support our mission of empowering parents like you to take charge of their finances and build a prosperous life for their families. Let's thrive together on this incredible journey!FREE GUIDE- Kid Money Boss: School isn't teaching my son about Money. It's up to us Parents. Here are 9 tools I am using to team my son, everything I never learned as a kid.Guest Websites Chapters of the new book “6 % life”Facebook Page - https://www.facebook.com/thetaxgoddessInstagram Page - https://www.instagram.com/thetaxgoddess/Twitter - https://twitter.com/TaxGoddessLinkedin - https://www.linkedin.com/in/taxgoddess/Website -

Have you ever had that feeling like you have lost who you are in motherhood?  Your body and self have been solely dedicated to your kiddos? Have you ever thought….how do I keep the money I am making? Kimberly Tara is a Tax Strategist and Business Growth Advisor but during this episode we go way deeper than that.  We start the episode talking about her journey to doing less and what that means for her.  She has had 4 kids in under 6 years and after her 4th she knew something had to change.  She felt lost and didn't know herself anymore and wanted to learn how to be her best self again……….for herself but for her kids too.  Then we dive into a few business strategies for you to keep your hard earned money.  Kimberly is full of energy and we even have a special guest appearance from her 3rd child @16 minutes in.  We did not want to cut that out because MOM LIFE RIGHT. Highlights on this episode: *What does doing less mean to you? *Word of the year is imperfect *For 8 years her life has been for other beings…she has 4 littles. *Losing yourself in motherhood *Leaning into imperfection *Shifting her mindset in business *Being an advocate for your children *Tax tips…@25.31 minute *Changing how we talk about money for ourselves but also our kids And so much more. ******************************************** MOM POWER HOUR  sign up and details page ******************************************** About Kimberly Tara: Kimberly Tara, CPA, CTC, is a wife, mom to 4 little kids, and a multi-passionate entrepreneur. As a Tax Strategist & Business Growth Advisor, Kimberly & her team partner with CEO Mom Service Providers to maximize revenues, reduce taxes, build wealth and create a legacy. She believes in fostering a supportive community where CEO Moms are proactively encouraged to learn and ask the difficult tax & financial questions so they can understand their numbers and confidently make better business decisions. Through proactive tax strategy and an ongoing, trusting relationship, Kimberly & her team believe in putting more money back in their clients pockets and helping them sustainably grow their business while putting family first. Kimberly is all about finding the balance to live your dream life and be successful at what matters most! Connect with Kimberly: Instagram: https://www.instagram.com/taracpafirm/ Website:  https://www.taracpafirm.com/ CEO Moms Building Wealth: https://pod.link/1613419377 Freebie Tax Deductions you are missing: Freebie Link Fun Fact about Kimberly:  Her third child was born in a wheelchair in the hospital hallway at night during covid. ******************************************** You can find me at: Website: https://www.melissaclampitt.com FB https://www.facebook.com/mclampitt/ IG https://www.instagram.com/melissa.clampitt/ Subscribe and watch this episode on my Youtube channel Order a copy of the book Don't Be Invisible Be Fabulous: Owning Your Feminine Power.  A compilation book with the chapter Bet on Yourself authored by Melissa PS..Make sure you tag us on social and let me know what you thought of this episode --- Send in a voice message: https://podcasters.spotify.com/pod/show/melissa-clampitt/message

In today's flashback Friday episode of the Share The Wealth Show, we welcome back Verline Davis as she dives into the common myths and misunderstandings surrounding business entities and credit. She also provides actionable tips to help you make informed decisions about your business. So, whether you're an entrepreneur just starting out or a seasoned business owner, understanding the fundamentals of business structures and credit can make a huge difference in the success of your business. Vearline Davis is a Tax Strategist who helps clients with Advanced Tax Planning. Her journey began when she purchased several rental properties and was surprised to find out during tax time that she was not considered a Real Estate Professional and had very few write-offs. After years of research and from the experience of her previous CPA, she learned that not all tax professionals are created equal. Verline believes in the power of tax planning and enjoys seeing her clients transform and achieve financial success, and improves their overall well-being because they do not have that added stress running in the background. ________________________________ Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here: https://noirvestholdings.kartra.com/page/microfamilymavericks  Check out our podcast website! Thesharethewealthshow.com     Want to leave feedback or suggestions on our show? Take our survey: https://s.surveyplanet.com/c1xu5qdv  ________________________________ [01:20 - 08:49] LLC vs S Corp Business Entities Debunking misinformation about LLC What S Corp and C Corp do Cold Consultation with Verline Tax Planning Health Insurance and Savings [12:01 -25:23] Business Entitiy & Credit Masterclass Different strategies for every business Course About Fixing Credit Consumer Laws Business Car Approvals The truth behind Car Dealership [25:24 - 39:19] Closing Segment: The Final Questions Verline's take on Diversification Choosing between Baltic Avenue and Boardwalk with the Monopoly game What wealth means to Verline What was the biggest obstacle Verline overcome Quote "Wealth means to me is the ability to live a free life style for a long period of time." - Verline Davis A lot of people today want to go wide instead of going deep, it's nothing wrong with diversifying because we should, we should have stocks, we should have maybe some crypto, we should have real estate, we should have all of these things, but we should educate ourselves enough in each one of them. - Verline Davis Connect with Verline! Website: www.Capitalvsolutions.com Instagram:   / capitalvsolutions   LinkedIn:   / capitalvsolutions   ___________________________________________ Let's get connected! You can find Nicole on LinkedIn   / nicole-pendergrass   Instagram https://www.instagram.com/nvestornikk... Facebook   / nvestornikki   or Visit her website https://noirvestholdings.com

In today's flashback Friday episode of the Share The Wealth Show, Verline Davis takes us on a journey through her career as a tax brain surgeon, property manager, and real estate investor. Tune in as she shares her story and provides valuable insights into how she got started in these fields and achieved success. Vearline Davis is a Tax Strategist who helps clients with Advanced Tax Planning. Her journey began when she purchased several rental properties and was surprised to find out during tax time that she was not considered a Real Estate Professional and had very few write-offs. After years of research and from the experience of her previous CPA, she learned that not all tax professionals are created equal. Verline believes in the power of tax planning and enjoys seeing her clients transform and achieve financial success, and improves their overall well-being because they do not have that added stress running in the background. Verline's journey is sure to inspire and educate. So sit back, relax, and let's dive into Verline's fascinating story. ________________________________ Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here: https://noirvestholdings.kartra.com/page/microfamilymavericks  Check out our podcast website! Thesharethewealthshow.com     Want to leave feedback or suggestions on our show? Take our survey: https://s.surveyplanet.com/c1xu5qdv  ________________________________ [01:17 - 12:13] Who is Verline? How she got into these fields (Property Management, Tax planning, and Real estate Investing) She shares her experience with her previous CPA which gave her a lot of trouble. The realization that not all CPAs are alike. How she financed her first properties Strategy in purchasing properties [12:14 -19:29] Next Phase of Verline's Journey How she started as Property Manager handling multifamily properties How she was hungry to dig in and learn more about the back end of property management on a tax level. [19:30 - 25:13] Verline as a Brain Surgeon 529 Alternative / 529 College Fund Tax Planning She teamed up with different CPA's Tax Strategy for W2 employees and start-up business owners [25:14 - 37:16] Real Estate Professional Status Two tests to become RE Professional Work and participate 750 hrs a year short term rental status [37:17 - 38:07] Closing Segment Watch out for part 2 of our conversation with Verline! Quote "I came to the realization, that not all tax professionals or CPAs are created equally." - Verline Davis Connect with Verline! Website: www.Capitalvsolutions.com Instagram:   / capitalvsolutions   LinkedIn:   / capitalvsolutions   ___________________________________________ Let's get connected! You can find Nicole on LinkedIn   / nicole-pendergrass   Instagram https://www.instagram.com/nvestornikk... Facebook   / nvestornikki   or Visit her website https://noirvestholdings.com LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here. https://podcasts.apple.com/us/podcast...

Your books and accounting have a rhythm to it that dramatically affects the taxes you pay. There are things you can and shouldn't do to change the beat of the drum when it comes to what you claim or write off on your taxes. In this episode, Scott Carson talks with CPA and tax strategist, Ronnie Goode, about how he helps business owners and entrepreneurs with the "rhythm" of their numbers.Ronnie Goode is a Certified Public Accountant (CPA) and Tax Strategist who serves clients virtually all across the world. Through his company, Rhythm Accounting, he helps business owners, real estate investors, and high-income individuals use the tax code to build wealth! He received his B.S. in Accounting from Shaw University and his MBA from Southern Illinois University Carbondale. Ronnie's training and experience came from working for one of the largest accounting firms in the world, a Fortune 500 corporation, and the Federal government. He's able to utilize this diverse experience to better serve entrepreneurs, business owners and real estate investors. Ronnie's ultimate goal is to help people become financially independent by saving money on taxes while building wealth.Connect with Ronnie HERE!Watch the original episode HERE!Love the show? Subscribe, rate, review, and share!Here's How »Join the Note Closers Show community today:WeCloseNotes.comThe Note Closers Show FacebookThe Note Closers Show TwitterScott Carson LinkedInThe Note Closers Show YouTubeThe Note Closers Show VimeoThe Note Closers Show InstagramWe Close Notes Pinterest

There are several of managing your finances that frees you from constantly trading your time for money. Imagine getting a monthly email letting you know that a significant amount of money has been effortlessly deposited into your account – a clear sign of your passive income…In this episode, Tim and Paul, alongside Thomas Castelli, a Tax Strategist and Investor, discuss strategies for blending accounting and real estate for passive income. They suggest surrounding oneself with good people, utilizing the right tools, and investing in real estate syndications to harness the wealth-building potential highlighted in books like "Rich Dad Poor Dad" and "The Richest Man in Babylon."The conversation discusses the importance of planning for taxes, understanding tax laws, and navigating complexities to reduce risks and maximize tax benefits for real estate investors.Leave a positive rating and review of this podcast with just one clickWHAT TO LISTEN FOR5:26 Thomas' Firm together with passive investors9:50 Guiding Clients through Property Investment Challenges12:25 Impact of Passive and Non-Passive Income30:02 Real Estate Professional StatusRESOURCES/LINKS MENTIONEDTax-Free Wealth by Tom WheelwrightThink and Grow Rich by Napoleon HillRich Dad Poor Dad by Robert KiyosakiThe Richest Man in Babylon by George Samuel ClasonCONNECT WITH USTo learn more about investment opportunities, join the Cityside Capital Investor Club.Facebook | Instagram | LinkedIn | Email Greg | Email Tim

As moms, we often struggle with pursuing our business goals and enjoying quality time with our kids.This conversation with mom of four, Kimberly Tara, who has built an incredible business as a CPA and Tax Coach, unpacks the mindset we need to adopt in order to truly be fulfilled.Kimberly shares:The top 3 mistakes to avoid when you're starting your businessHow to price yourself for value instead of timeHow to manage your mom guiltBalancing presence and the pursuit of goalsCheck out Kimberly's podcast: CEO Moms Building WealthHer gift the 12 most missed tax deductions: https://www.taracpafirm.com/download>>MEET KIMBERLYCONNECT WITH KIMBERLYRESOURCES YOU'LL LOVELET'S CONNECTMEET YOUR HOST

On today's "Saturday Edition" episode, Rich is joined by co-host Karlton Dennis - a Licensed Enrolled Agent, Tax Strategist, Forbes council member, Consultant and YouTuber, to answer the top question of the week that was sent in by our listeners. Rich and Karlton reflect on how to save on income taxes this year and fully analyze what cost segregation studies actually are. They also discuss the 14 day rule, the 7-7-1 strategy, grouping elections, the personal use test, and how to utilize ADUs. If you have a question you'd like answered, please email info@somerscapital.com. Stay tuned every Saturday to see if it's featured!Connect with Karlton on Instagram: @karltondennis--Connect with Rich on Instagram: @rich_somersInterested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more. Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call. Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.

Rich sits down with Karlton Dennis - a Licensed Enrolled Agent, Tax Strategist, Forbes council member, Consultant and YouTuber. Karlton has helped over 10,000 clients and 3200 real estate investors and entrepreneurs save millions of dollars in taxes in real estate and business. Karlton also hosts the podcast “Tax Free Living.”Rich and Karlton start off by discussing the LA Lakers and Clippers, how Karlton became a tax professional, the benefits of setting up holding LLCs in Wyoming and Delaware, the benefits of having a living trust, the differences between a revocable trust and irrevocable trust, and the STR loophole for high earning w2 taxpayers. They also reflect on the intricacies of depreciation recapture, the 1031 exchange, cost segregation studies, Tenancy in Common, reverse 1031 exchanges, the definition of like kind exchanges, the child payroll strategy, S Corps and C Corps, the intricacies of Roth IRAs and backdoor IRAs, whether high income earners should put their money into Roth IRAs or 401ks, and self directed 401ks.Lastly, Rich and Karlton talk about setting up Simplified Employee Pension Plan (SEP), stepping up and taking action during the COVID-19 lockdown, tax strategies for high income earners of $10 million or more, and the tax benefits of purchasing jets, yachts, and luxury cars. Connect with Karlton on Instagram: @karltondennis--Connect with Rich on Instagram: @rich_somersInterested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more. Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call. Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.

Have you ever, at any point, considered niching down, specifically in real estate? It might be time to revisit that thought. Natalie Kolodij joins us on this episode to share her noteworthy success as a real estate tax strategist. Her journey is a testament to the power of specialization and the impact it can have on your accounting or tax firm. Discover how Natalie went from an average client fee of $700 to $7,000, reduced her client load, and increased her annual revenue to the point where she's approaching seven figures. This episode is filled with insights on pricing, client management, and building a strong presence in real estate communities, both online and offline. If you're looking to work less, earn more, and create a waiting list of eager clients, don't miss this episode!

What is cost segregation, and how can it help real estate investors maximize tax savings?   This episode digs into the powerful tax strategy of cost segregation. Eric Oliver from Cost Segregation Authority joins host Taylor Loht to explain what cost segregation is, how it works, and why every real estate investor should understand and utilize this tool.   They discuss the tax advantages of cost segregation for real estate investors. Eric provides an overview of cost segregation, explaining that it allows investors to accelerate depreciation deductions by segregating building costs into shorter asset lives. They discuss bonus depreciation, how it puts cost segregation “on steroids,” and how the percentage is reducing but still favorable for investors. Eric clarifies that cost segregation deductions are passive losses that typically can only offset passive income. Eric emphasizes the importance of working with a qualified tax strategist rather than just a preparer.   [00:01-4:30] Opening Segment Cost segregation accelerates depreciation by segregating assets into shorter tax lives Allows writing off deductions faster versus straight-line depreciation Identifies items like flooring and appliances that can depreciate faster   [4:31-9:00] The Power of Bonus Depreciation Bonus depreciation allows taking a larger deduction upfront Allows immediate 100% write-off on assets under 20 years life Phases down over the next few years but still beneficial   [9:01-15:30] Passive vs. Active Losses Cost segregation deductions are usually passive losses Can only offset passive income without special status Real estate professionals can deduct against active income   [15:31-23:00] Not All Studies Created Equal Online calculators don't follow IRS guidelines Conservative estimates leave tax savings on table Engineering-based studies with site visit better   [23:01-31:30] Tax Strategist vs. Preparer Tax preparers just file based on the given information Tax strategists proactively minimize your tax liability Meeting at least quarterly ensures maximizing deductions   Quotes: "Cost segregation really is just accelerated depreciation on your real estate assets." - Eric Oliver "Bonus depreciation puts cost segregation on steroids and creates a bigger deduction in the first year." - Eric Oliver   Connect with Eric: Website:  www.investwithtaylor.com   Track your wealth for free with Personal Capital, go to www.escapingwallstreet.com   Please leave a review and help others escape Wall Street and build wealth on Main Street!

Thomas Castelli is a Tax Strategist and investor who helps real estate investors keep more of their hard-earned dollars in their pockets and out of the government's. Over his tax career, he has worked 1-1 with 100+ investors to help them reduce their tax bills. On the investing side, he was on the sponsorship team of an 82-unit apartment community and has invested in multiple syndicates/funds as an LP.   In this episode we talked to Thomas about his insights on passive investing, tax benefits of commercial real estate, practical tips on tax strategies, ensuring investor success, bonus depreciation in regards to what the future holds, and much more.   Announcement: You can join the Invest Beyond Multifamily Conference here.   Strategic Investments;   01:58 Thomas' background; 04:45 Passive investing as an LP; 06:21 Multifamily vs. stock market 08:49 Tax benefits in commercial real estate; 15:50 Future outlook on bonus depreciation; 17:16 Why you don't need the “real estate professional” status; 21:06 The benefits of investing; 23:48 Making sure of the investor's success; 26:02 Tips on investing and tax strategies; 29:56 Round of insights;     Announcement: Download Our Sample Deal and Join Our Mailing List   Round of Insights   Apparent Failure: Working on recruiting to build a network for investments. Digital Resource: Audible Most Recommended Book: Atomic Habits Daily Habit: Reviewing the tasks of the next day every night. #1 Insight for Diving into Managing Investor Relationships: Don't overlook the importance of Partial Asset Disposition. Best Place to Grab a Bite: Texas Roadhouse    Contact Thomas: To learn more go to www.therealestatecpa.com    Thank you for joining us for another great episode! If you're enjoying the show, please LEAVE A RATING OR REVIEW,  and be sure to hit that subscribe button so you do not miss an episode.  

Jeff Trapp is a Tax Strategist who has created 3 different companies and helped entrepreneurs save millions of dollars on taxes through strategic tax planning. In this podcast, Jeff will share tax tips, his knowledge of business, and financial strategies. Connect with Jeff Trapp:Website, Tax Planning Pros: https://thetaxplanningpros.com/ The Jeff Trapp Podcast: https://podcasts.apple.com/us/podcast/the-jeff-trapp-podcast/id1628629412 LinkedIn: https://www.linkedin.com/company/thetaxplanningpros.com/ TurnKey Podcast Productions Important Links:Guest to Gold Video Series: www.TurnkeyPodcast.com/gold The Ultimate Podcast Launch Formula- www.TurnkeyPodcast.com/UPLFplusFREE workshop on how to "Be A Great Guest."Free E-Book 5 Ways to Make Money Podcasting at www.Turnkeypodcast.com/gift Ready to earn 6-figures with your podcast? See if you've got what it takes at TurnkeyPodcast.com/quizSales Training for Podcasters: https://podcasts.apple.com/us/podcast/sales-training-for-podcasters/id1540644376Nice Guys on Business: http://www.niceguysonbusiness.com/subscribe/The Turnkey Podcast: https://podcasts.apple.com/us/podcast/turnkey-podcast/id1485077152 Partner Links -- We use these apps and get amazing results and huge time savings too!Design tool: Canva Pro: Create Stunning Design in Minutes!Check out Headliner to create social media posts with video easily- make.headliner.appSimplecast is the easiest way to set up your podcast hosting- Simplecast.comZoom is the easiest way to schedule meetings and record your podcast interviews. Zoom.usAcuity is the easiest way to schedule your podcast interviews, meetings, and life.Acuityscheduling.com

Ryan Bakke is a CPA, real estate investor, and coach who is helping others build wealth via real estate and tax strategy! Ryan starts by explaining the value a Tax Strategist brings and common mistakes on tax returns. He dives into the power of short-term rentals (STRs), their tax advantages, and how to underwrite STR investments. Ryan shares his philosophy and tips for building a client base and following that have led him to a thriving business! Throughout the show, Ryan hammers home the importance of being a go-giver and delegating tasks to best use your time! If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guests: Ryan Bakke Link: The LearnLikeaCPA Show Link: $100M Offers (Book Recommendation) Link: The Game (Podcast Recommendation) Link: Muscle for Life Podcast ----------------- Guest Questions 02:56 Housing Provider Tip: Be ready to recognize and act on a good deal! 04:58 Intro to our guest, Ryan Bakke! 05:29 Tax Preparer vs. Tax Strategist 09:14 Common Tax Returns Mistakes. 10:35 Tax Insights on Short-Term Rentals (STRs)! 17:27 Short-Term Rentals in Chicagoland. 19:21 Automating STRs! 24:58 Underwriting STRs! 31:06 Ryan's approach to building a following! 46:29 Ryan's next 5 years! 50:34 What is Ryan's competitive advantage? 51:16 One piece of advice for new investors. 52:34 What do you do for fun? 53:18 Good book, podcast, or self development activity that you would recommend? 54:20 Local Network Recommendation? 54:55 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Erik Oliver is the vice president of business development at Cost Segregation Authority, which performs cost segregation studies to help investors save tax dollars. Prior to joining Cost Segregation Authority, Erik was an Operations Manager for a multi-million dollar landscaping and design firm in Long Island, NY. Since heading west and joining Cost Segregation Authority, Erik has been speaking at local, regional, and national events. He brings with him a passion for identifying cost savings and educating commercial real estate owners on the benefits of cost segregation. In this episode with Erik, explore the realm of cost segregation, a powerful financial strategy that uncovers hidden opportunities within real estate investments. Learn about the process of reclassifying property components to accelerate depreciation deductions and maximize tax savings. Discover the benefits of cost segregation, including enhanced cash flow and reduced recapture. Gain insights into partial asset dispositions, professional trainings for CPAs, EAs, and agents, and the distinction between tax strategists and tax preparers. Lastly, uncover the underutilized 45l energy credits and their potential impact on real estate ventures. Prepare to elevate your investment approach and optimize financial outcomes with cost segregation.   Announcement: Join our Apartment Investing Mastermind   Unleashing the Potential of Cost Segregation 00:00 Opening segment; 03:32 What's cost segregation; 05:08 How a cost segregation study works; 07:35 Why cost segregation; 10:12 Partial asset dispositions ~ Cost segregation; 18:43 CPA, EA and Agent trainings; 21:34 Tax Strategist vs. Tax Preparer 25:18 How recapture can reduces with a cost segregation study 28:58 45l energy credits - The most under utilized credit in real estate   Announcement: Download Our Sample Deal and Join Our Mailing List 29:15 Round of Insights   Apparent Failure: Knowing what he is good at and what he is not good at. Digital Resource: Repstracker Most Recommended Book: Tax Free Wealth Daily Habit: Writing things down #1 Insight for Cost Segregation: Don't just look at the cost of the study but look at the estimated benefits are going to be.. Best Place to Grab a Bite to Eat in Salt Lake City: Santo Taco    Contact Erik: To learn more go to costsegauthority.com.    Thank you for joining us for another great episode! If you're enjoying the show, please LEAVE A RATING OR REVIEW,  and be sure to hit that subscribe button so you do not miss an episode.

David A. Perez is the #1 Tax Strategist known for helping his clients join the Elite 3% of taxpayers who make over $200,000 and pay $0 in federal taxes. David's mission is to coach high-income earners on how to reduce or eliminate their tax liability by implementing advanced tax strategies. As a bestselling author, he's committed to giving others the tools they need to take ownership of their lives while challenging them to invest in their most important asset – themselves. His most recent book ‘Building Your Own Economy' provides a blueprint for living life on your own terms by aligning health, wealth, legacy, and rules to live by. David empowers people to take charge of their lives so they can keep more of their money and Build their Own Economies.    In this episode, Brad and David discuss tips and tricks to maximize your tax return opportunity and avoid liabilities. Learn more about David here: https://DavidAPerez.com and here https://TaxPlanExperts.com  Watch the full video episode on Brad's Rumble here: https://rumble.com/c/c-2544182  Watch the full video episode on Brad's Youtube Here: https://bradlea.tv 

This interview is full of literal gold! Shauna, @TaxGoddess is a Top 1% ranked, highly sought-after Tax Strategist focusing on successful business owners, entrepreneurs, and investors paying $100k in taxes or more annually.   taxgoddess.com

How do you determine which person would be most beneficial to your business - a CPA or an EA? Listen in to hear what Matt Bontrager of TrueBooks CPA has to say! Need tax and accounting help? Contact my CPA Firm! https://TrueBooksCPA.com/What You MUST Know For Your 2023 Taxes | Matt Bontrager - https://youtu.be/Nj8Yi6N01KEAre you living The Wealthy Way? Take my free quiz with the link below and get FREE access to my new course “Business Builder Academy” where I go over all the fundamentals of building a 7-figure business. https://www.wealthyway.com/book______________________________________________________Here's how my businesses can help you:Want to be coached by me on real estate investing? Apply at https://wealthyinvestor.comLooking to grow in your faith and business? Join the premiere community for Christian entrepreneurs and business people. Develop your leadership, discipleship, and your faith at https://wealthykingdom.com/Are you an entrepreneur who wants to build their personal brand on social media? Go to https://wealthycreator.ioWant to utilize a full service social media agency? At Pineda Media, we film, edit, post, and personally coach you to create top level content and build your personal brand. Apply now! https://www.pinedamedia.com/Want to partner with me to supercharge your business? Apply at https://www.pinedapartners.com/You can invest in my real estate deals! Go to https://pinedacapital.comNeed tax and accounting help? Contact my CPA Firm! https://TrueBooksCPA.com/For a free consultation with my team go to https://RyanPineda.com______________________________________________________My other social media channels:Subscribe to my real estate only channel "Wealthy Investor" https://www.youtube.com/c/futureflipper1Follow me on Social Media: https://www.instagram.com/ryanpinedahttps://www.tiktok.com/@ryanpinedahttps://www.twitter.com/ryanpineda______________________________________________________An EA and CPA serve different roles in business. Which is best for your business? Listen in to hear what Matt and Ryan have to say about finding the best tax strategist for your business and who can help you save the most money.