Podcasts about Uncle Sam

In this throwback solo episode, Chris takes you deep into the world of Section 8 rentals — a strategy most investors overlook because they don't understand it. He used to avoid Section 8 properties himself… until he saw how much cash flow and stability they could offer.If you want guaranteed rent backed by the government, higher-than-market rates in some areas, and long-term tenants who don't want to leave, this episode is for you.You'll learn:Why Section 8 rentals scared Chris at first—and how he changed his mindThe #1 way to prevent bad tenants (it's not credit score)How to vet Section 8 tenants to avoid massive headachesHow the government paid back Chris $10K after a rent bookkeeping errorThe huge rent raise he just got approved (and how you can do it too)Why five-bedroom Section 8 units in D.C. are cash flow monstersHow to calculate voucher rates for your areaSmart tax strategies and write-offs that come with owning rentalsChris's “poor man's property management” system using home warrantiesWhy one investor gives his tenants cruises after five years — and how that pays offHit Chris up:Instagram: @craddrockFacebook: Chris Craddock BusinessRESOURCES: 

Ashe in America, Abbey Blue Eyes, Christy Lupo, and Jackie Espada bring another lively episode of Alphas Make Sandwiches. The ladies kick things off with playful banter about building a Badlands compound before diving into skincare tips, including lotion, deodorant, and the tallow bar, with fun hacks like using it to tame flyaway hair. They showcase their latest photo challenge and introduce next week's “fun with food” theme, all while laughing about behind-the-scenes antics. The conversation shifts to All Good's No Tox Smoothing Serum, complete with personal testimonies, before moving into the idiom of the week, “turn a blind eye,” and its naval origins with Admiral Horatio Nelson. History lessons cover Eisenhower's education act, the first U.S. flag flown in battle, NASA's Viking 2 Mars landing, Truman's first coast-to-coast TV broadcast, and early submarine warfare with the Turtle. They also discuss the origins of Uncle Sam, McKinley's assassination, and Codex 9/11, setting the stage for upcoming watch parties. Rounding things out are critiques of Jane Fonda's Vietnam-era betrayal, Gerald Ford's pardon of Nixon, and more sponsor shoutouts, blending humor, history, and heart.

The internet's still broken, folks, and apparently, AI's here to make it more awkward. Intel caught a break from Uncle Sam's CHIPS Act, cool for them, not so much for those 'flashing warning signs' in the job market. Meta's been letting celebrity chatbots run wild (and creepy), Midjourney's getting sued by Warner Bros. for stealing IP (who'da thought?), and OpenAI thinks an AI hiring platform is a good idea. Plus, an AI chatbot automated a cybercrime spree, totally unexpected. If you're calling ChatGPT a 'clanker,' you're not wrong, but seriously? Your butt probably needs a break from the toilet.Elon Musk and his joyride of companies continue to make us wonder if we're living in a dystopian satire. Tesla got slapped with a $243 million verdict after rejecting a $60 million settlement (because that's how you make deals, right?). 'Key data' they said they didn't have? A hacker found it. His vague 'master plan' sounds like a last-minute college essay, and software deploys airbags before you crash. His quest for a trillion-dollar pay package is on, and Neuralink can't even trademark 'telepathy.' They're doing brain surgeries in Toronto now. What could go wrong?On the lighter side, Finland built a giant sand battery, which is cool, and iOS 26 finally gave iPads a native Instagram app after, like, forever. We've got movie reviews, TV binges (Wednesday is really good), and a deep dive into KPop Demon Hunters (seriously, listen to the songs). FIFA's jacking up World Cup ticket prices with dynamic pricing (of course they are), and Morrissey's selling his stake in The Smiths (probably to escape his own 'malicious associations'). If you're still reading Usenet threads from '94, you're either a sadist or Dave.Sponsors:CleanMyMac - clnmy.com/Grumpyoldgeeks - Use code OLDGEEKS for 20% off.Private Internet Access - Go to GOG.Show/vpn and sign up today. For a limited time only, you can get OUR favorite VPN for as little as $2.03 a month.SetApp - With a single monthly subscription you get 240+ apps for your Mac. Go to SetApp and get started today!!!1Password - Get a great deal on the only password manager recommended by Grumpy Old Geeks! gog.show/1passwordShow notes at https://gog.show/712FOLLOW UPThe US government drops its CHIPS Act requirements for IntelAmerica's job market flashes yet another warning sign about the economyHydrogen-Powered Plasma Torch Decimates Plastic Waste in a BlinkYour Butthole Is Begging You to Stop Scrolling on the ToiletIN THE NEWSTesla rejected $60 million settlement before losing $243 million Autopilot verdictTesla said it didn't have key data in a fatal crash. Then a hacker found it.Tesla has a new master plan—it just doesn't have any specificsTesla Software Update Will Deploy Airbags Before Crash Actually HappensTrump to host tech CEOs for first event in newly renovated Rose GardenTesla proposes Elon Musk pay package that could make him the world's first trillionaireTesla shareholders to vote on investing in Musk's AI startup xAIMeta reportedly allowed unauthorized celebrity AI chatbots on its servicesWarner Bros. Discovery is suing Midjourney for copyright infringementOpenAI announces AI-powered hiring platform to take on LinkedInOpenAI is reportedly producing its own AI chips starting next yearA hacker used AI to automate an 'unprecedented' cybercrime spree, Anthropic saysThe world's largest sand battery just went live in FinlandWhy the Internet Can't Stop Calling ChatGPT a “Clanker”MEDIA CANDYThe Thursday Murder ClubWeaponsAlien: EarthWednesdayStar Trek: Strange New Worlds - Four and a Half VulcansUploadKPop Demon Hunters - revisited2026 World Cup tickets: FIFA confirms use of dynamic pricingExhausted by "malicious associations," Morrissey sells stake in The SmithsAPPS & DOODADSMarshall's Mid-Century-Looking Soundbar Would Make Don Draper Cry Tears of JoyWho Owns ‘Telepathy'?Instagram finally has an iPad app 15 years after it first launchedRoblox will require age verification for all users to access communication featuressuperwhisperiOS 26 adds seven brand new iPhone ringtones, listen hereTHE DARK SIDE WITH DAVEDave BittnerThe CyberWireHacking HumansCaveatControl LoopOnly Malware in the BuildingHot sauce and hot takes: An Only Malware in the Building special.My comments on a Usenet thread from 1994Darth Vader's Lightsaber Auction Sale Sets Record for ‘Star Wars' ItemHome Depot R2D2Disney Disney Star Wars Animated Darth VaderFlorida plans to end all state vaccine mandates, including for schoolsVibeVoice: A Frontier Long Conversational Text-to-Speech ModelRumor: There's A New ‘The Muppet Show' PilotSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What if you could get $44,000 in extra tax deductions in year one instead of spreading them over 27 years—and it only cost you $500 to make it happen? In this episode, Angel Williams sits down with a cost segregation expert from KBKG to explore how new technology is democratizing tax benefits that were previously only available to million-dollar property owners. He explains how cost segregation works by identifying building components that wear out faster than the standard 27-39 year depreciation schedule, and reveals how their revolutionary $500 software makes these studies accessible to properties as small as $150,000. This conversation breaks down the time value of money concept, explores the 10-year window for implementing cost segregation, and discusses exciting expansions into commercial properties that will help even more small-town investors maximize their tax benefits.   [00:01 - 06:00] Cost Segregation Fundamentals and Process How cost segregation speeds up depreciation by identifying shorter-lived building components The difference between 27-39 year straight-line depreciation and accelerated write-offs Real example: turning $10,000 annual deductions into $54,000 first-year deductions Why the IRS requires qualified engineers and the detailed documentation process [06:01 - 12:00] Breaking the Million-Dollar Barrier How KBKG's software democratizes cost segregation for properties under $1 million The revolutionary $500 online tool that works for residential properties with 6 units or less Why properties as small as $150,000 can now benefit from cost segregation The 15-minute online process that generates IRS-audit-tested reports [12:01 - 17:30] Timing and Property Considerations The 10-year window for implementing cost segregation on existing properties Why refinancing doesn't reset your depreciation basis How the software works for individual properties but requires separate studies for each Special considerations for friends with mixed residential and commercial portfolios [17:31 - 21:30] Future Expansion and Market Impact Plans to expand software capabilities to commercial retail properties within 6-12 months How small-town investors buying up main street properties will benefit The paradigm shift from helping only large investors to serving everyone   Connect with Gian: https://www.linkedin.com/in/costsegregationservices/   Key Quotes:   "I want to save taxes now, not later... don't pay Uncle Sam early. Why pay him earlier than you have to?" - Gian Piazza   "Not paying out cash today is the same thing as being able to hold those dollars... not giving out money is the same as putting it in your pocket." - Angel Williams   Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!

In this episode, we’ll revisit the main lesson of a Suze School explaining why a Roth retirement account ultimately gives you more money than a pre-tax retirement account. Watch Suze’s YouTube Channel Jumpstart financial wellness for your employees: https://bit.ly/SecureSave Try your hand at Can I Afford It on Suze’s YouTube Channel Protect your financial future with the Must Have Docs: https://bit.ly/3Vq1V3GGet your savings going with Alliant Credit Union: https://bit.ly/3rg0YioGet Suze’s special offers for podcast listeners at suzeorman.com/offerJoin Suze’s Women & Money Community for FREE and ASK SUZE your questions which may just end up on the podcast. Download the app by following one of these links: CLICK HERE FOR APPLE: https://apple.co/2KcAHbH CLICK HERE FOR GOOGLE PLAY: https://bit.ly/3curfMISee omnystudio.com/listener for privacy information.

The boys are heading off on holiday, but with very different agendas. Sam is in full “Uncle Sam” mode, third wheeling his sister's trip with baby Leo, while Pete insists he's off to Ibiza for work. As part of his Ibiza prep, Pete tries his hand at a practice vibe check call as we put him on the spot to call up Sheesh…Meanwhile, all that nephew time has Sam feeling surprisingly broody, while Pete's focused on the O2. With the NTAs around the corner, the boys look back on last year's red-carpet drama and spill a little behind-the-scenes gossip.

Peter E. Harrell, Adjunct Senior Fellow at the Center for a New American Security, joins Kevin Frazier, AI Innovation and Law Fellow at the University of Texas School of Law and a Senior Editor at Lawfare, to examine the White House's announcement that it will take a 10% share of Intel. They dive into the policy rationale for the stake as well as its legality. Peter and Kevin also explore whether this is just the start of such deals given that President Trump recently declared that “there will be more transactions, if not in this industry then other industries.”Find Scaling Laws on the Lawfare website, and subscribe to never miss an episode.To receive ad-free podcasts, become a Lawfare Material Supporter at www.patreon.com/lawfare. You can also support Lawfare by making a one-time donation at https://givebutter.com/lawfare-institute.Support this show http://supporter.acast.com/lawfare. Hosted on Acast. See acast.com/privacy for more information.

Peter E. Harrell, Adjunct Senior Fellow at the Center for a New American Security, joins Kevin Frazier, AI Innovation and Law Fellow at the University of Texas School of Law and a Senior Editor at Lawfare, to examine the White House's announcement that it will take a 10% share of Intel. They dive into the policy rationale for the stake as well as its legality. Peter and Kevin also explore whether this is just the start of such deals given that President Trump recently declared that “there will be more transactions, if not in this industry then other industries.” Hosted on Acast. See acast.com/privacy for more information.

In this episode, Angela discusses tax planning strategies for business owners considering transitioning or selling their business. She emphasizes the importance of proactive tax planning to maximize benefits and avoid common mistakes that could negatively impact the sale and future financial security. The episode outlines three critical 'don'ts' related to tax planning when transitioning a business. Key Takeaways

We're excited to welcome back estate planning attorney Bill McQueen of Legacy Protection Lawyers! This episode dives into common estate planning mistakes, the nuances of trusts versus wills, and strategies to protect your assets and heirs. From funding trusts correctly to understanding step-up in basis, Medicaid planning, and safeguarding inheritances from creditors, Bill breaks down complex topics in a clear, practical way.   Learn more about Bill and Legacy Protection Lawyers Contact info: www.legacyprotectionlawyers.com Phone 727-471-5868   Helpful Information: PFG Website: https://www.pfgprivatewealth.com/ Contact: 813-286-7776 Email: info@pfgprivatewealth.com   Disclaimer: PFG Private Wealth Management, LLC is an SEC Registered Investment Advisor. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. The topics and information discussed during this podcast are not intended to provide tax or legal advice. Investments involve risk, and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial advisor and/or tax professional before implementing any strategy discussed on this podcast. Past performance is not indicative of future performance. Insurance products and services are offered and sold through individually licensed and appointed insurance agents.   Marc: It's time once again for another edition of Retirement Planning Redefined with John and Nick, Financial advisors at PFG Private Wealth. Find them online at pfgprivatewealth.com. That's pfgprivatewealth.com. And we're excited to have our guest speaker, Bill McQueen, back with us to continue our conversation about estate planning, and trusts, and probate, and all these pieces that we need when it comes to our retirement strategies. And, of course, Bill is from Legacy Protection Lawyers based out of St. Petersburg, Florida, and we appreciate your time once again. Bill, welcome in. How are you?   Bill McQueen: Doing wonderful. Thank you.   Marc: Absolutely. Good to have you back. Nick, my friend. What's going on this week? You doing all right?   Nick: Oh, yeah, just fighting the Florida heat.   Marc: Well, if you picked Florida, right, it's hot.   Nick: I will lose. Yeah, I will lose, for sure.   Marc: I mean, versus Buffalo, right? You got your choice there.   Nick: Yeah. Rochester, yeah, close enough. But, yeah-   Marc: Oh, yeah. Okay.   Nick: ... for sure. This time of year, I'd rather be there, but it's understandable.   Marc: Par for the course? All right, I got you. Well, we're happy to have Bill back. And, of course, if you guys have questions about estate planning, definitely reach out to he and his team at LegacyProtectionLawyers.com. That's LegacyProtectionLawyers.com. And Bill, we were talking a lot about, obviously, trusts and funding them, and all the different kind of pieces that go in there. So, on this final episode, this part four of the series, we want to talk about some of the common mistakes and things that you guys see as professionals, then try to help people avoid these or highlight some of the things. So, we talked as we finished off about the funding issue of a trust. What are some other common mistakes that you tend to see?   Bill McQueen: First off, I would say it might not be considered a common mistake, but a common misconception. A lot of people who think that, "Well, hey, I've created this revocable trust, and so my assets aren't in my individual name. Now they're held by my trust. And so, if something were to happen and I were to be sued, for some reason, my wealth is protected inside this trust." And unfortunately, that's not the case with a revocable trust. Again, the revocable trust just acts as a substitute for your last will and testament. And because the person who creates it has so much control over those assets, they can do anything they want with those assets. If somebody were to sue them, there'd be a lawsuit of some sort, and a judgment was entered against that person who created that trust. Those creditors can get at those assets that are inside the revocable trust no differently than if they were held in the person's individual name. So, that's something that we always need to advise clients that they're well aware of. There may be other ways to protect their wealth from creditors, but putting them in a revocable trust does not give them credit or protection from that standpoint.   The other thing that comes up fairly frequently is, I have real estate, and should I put it in my revocable trust or not? If that real estate is something that's not your primary home or your residence here in Florida, we would definitely say do that, and especially if the clients own real estate outside the state of Florida. They might have a vacation home in North Carolina or something like that. If they own that home in their individual name and they die, and we're using a will-based plan, not only are we going to have to do a probate administration down here in the state of Florida, but we're also going to have to do one in the state of North Carolina as well, a second one, because each state's very protective of their real estate. Whereas if they go ahead and deed that real estate into the revocable trust, then we avoid probate both in Florida and in North Carolina.   The issue, though, as to the primary residence, because under Florida law or Constitution, that's considered your homestead, and there are certain benefits that come from that, like a tax break, and it makes your home creditor protected, there are some restrictions on where your homestead can go, who can get it after your death if you're survived by a spouse or minor children. And so, that comes into play as to can we put that home into the revocable trust? And it used to be we would usually advise people not to do that if they're married because of these restrictions that were involved. Now we can do it if it's done properly, but there needs to be some special waiver language and things that are included in the deed. And unfortunately, if somebody puts it into their trust and they don't do the deed properly, then when they die, it's considered what we call an invalid devise. And that home may be going to people other than where they wanted it to go underneath the terms of their trust. So you can do it, and we do it for clients, but you definitely want to make sure you're getting good advice when you're setting something up like that.   Nick: Yeah, I would say that's one of the most common questions that people have. Oftentimes, what leads people to act, obviously, hopefully, it's from working with advisors and stuff like that, but people talk amongst themselves. A lot of times, it's friend or family that are like, "Hey, my brother just retired and they got a trust put into place. Do you think I should do something like that?" And sometimes, the answer's like, "Well, hey, we've been telling you to do it for the last 10 years. But also, yes, there's things that can make sense to do, but you need to make sure that you work with somebody to understand the nuances." Because I would say one of the most common mistakes that people make is when they do talk with their peers, siblings, etc., that oftentimes they don't understand the dynamics between the differences of their situations. And so, somebody like Bill and the people at Bill's team can help walk them through how that works. And the majority of people, no matter what the situation is, when they're working with an advisor or an attorney, they have some sort of real estate holding, and so that's often one of the most common questions.   Marc: Yeah. No, it makes sense. With you asking that and talking about that, Nick, Bill, what's your thoughts on people who say, "Well, who should draft this?" Right? Or, "Can I just go on to one of these, for lack of a better term, robo-advisors or robo-lawyers?" Right? I mean, you should be sitting down with an attorney in your area because state to state, law is probably a little bit different. I'm sure there's some things that are probably the same from place to place, but you want to make sure you're getting advice on your specific situation, not one of these cookie-cutter type deals.   Bill McQueen: No, a really good point. Estate planning is specific per the state where you're residing, and that's the laws that will apply at the time of your death, so it is important that you're talking to an attorney who is licensed in that particular state where you live. But I would definitely advise against a do-it-yourself estate plan.   Marc: Right.   Bill McQueen: And there are a lot of, especially with the internet nowadays, various online programs where you can draft your own will or trust. The big problem with that is you'll never know if you're the drafter of a do-it-yourself will or trust, whether you did it right, because we won't know that. We won't implement it until after your death.   Marc: And you won't know until it's too late. Well, it's too late for you, obviously, but your heirs are suffering. Right?   Bill McQueen: So, if there's problems with it, we can't go back and correct it or change it. So that's very important. I also always tell people it would be ... I highly recommend you go to somebody who specializes in the area of trust and estates planning. You wouldn't want me to handle a criminal law matter for you, and you probably don't want a criminal lawyer to try to draft your will or trust.   And just to show you what the problems can be, as recently as within the last decade here in our state of Florida, our Florida Supreme Court had a case, that's our highest court here in Florida, where a lady drafted her own will. Actually, I think it was pre-internet. It was a form will or whatnot, but she left out of that will what we call the residuary provision, which is where the remainder of her estate goes, and that's where the bulk of her estate would go. And it was very clear, the court said, that her intentions were to leave it to her sister, but that's not what the will said. It was done improperly. And so the wealth went to someone else, and the court said they felt really bad about that, but they have to go with what the will said. And the will was validly executed and everything. It just wasn't properly constructed, and so, unfortunately, her estate went somewhere other than where she wanted it to go, and we don't want that to happen.   Marc: Yeah. In a world where we can turn to the internet for so much stuff, there's just certain areas where I feel like it's just not a good idea. Right? Legally has got to be one of those. It's got to be the tops for a lot of those things. Nick, what else?   Nick: Yeah. And these things tie together a little bit. I was having a conversation with a client the other day, and I've seen this in other instances, where clients in their 40s, the parents of the clients are in their 70s, and there's some concern on future healthcare planning. And from the standpoint of the transition potentially to Medicaid and/or titling assets, whether it's a home, whether it's other types of assets like investments, so obviously non-retirement, putting the kids on accounts to try to protect those assets per se and the future inheritance while somebody to qualify. Now, I know this is a long, convoluted thing, but I guess, just in general, especially in the state of Florida, maybe helping people understand is that primary homestead residence protected and/or just the definition or an explanation of step up in cost basis and how big of a deal that can be to somebody down the road. I know it's a lot there, so break it up and down, whatever.   Bill McQueen: That was a lot, Nick. The issue regarding Medicaid, what I would say there is if we have clients where somebody, a parent, has maybe been diagnosed with early onset of dementia or something like that, so there's a high likelihood that they are going to need long-term care in the future. When that arises, they'd like to qualify for Medicaid as soon as possible. We can help them do that through using a trust. It's an irrevocable form of a trust where we can move assets that otherwise would be what we call countable assets, meaning that the government says you have to spend those assets first before Medicaid will take over and start paying for the long-term care. And we can move them into this irrevocable trust so that when they do reach that stage that they need the long-term care, hopefully, they can qualify right away. And this wealth that's in this trust will then ultimately still be there and able to go on to their kids rather than go to pay for the nursing home care.   That, though, has to be done well in advance of qualifying for Medicaid or trying to, basically, five years in advance. So, this is definitely a very proactive, forward-looking planning-type procedure. And it's not something that can be done once they need to get on Medicaid right away or on the near-term standpoint from that part of the equation. Here's my basic advice. Whether it's Medicaid or anything else, people will say, "Hey, well, what I'm going to do, I'm going to put my children's names on accounts with me in joint names, so one, they can maybe help pay my bills and stuff like that. Two, when I die, that asset will just pass by operational law to my child, so it won't go through the probate process, and I don't have to worry about probate."   I highly advise clients typically not to do that. One: when you put your child's name on that account with you jointly, at least as to regards to the bank or the brokerage house, that child now has the right to take all those funds that are in that account. Hopefully, they won't do that while you're still alive, but that could possibly happen. But two, the child might get sued or go through a divorce, and somebody else now might be trying to take those funds that are in the parent's account. So we would highly advise against that and instead, let that child maybe be given a durable power of attorney that I think Nicole spoke with you about in one of the earlier episodes so that they can help pay bills and do stuff like that, but they have no ownership rights in those accounts that maybe somebody else could get at those accounts that the parents will need before their death.   One big thing for estate tax or death tax planning purposes, the amount of wealth now that people can leave at their death or give away during their lifetime is at an all-time high watermark. Very few people pay federal estate taxes anymore, less than one-tenth of 1% of the US population. And here in Florida, as a Florida resident, all we're concerned about is the federal estate tax laws. So, instead, what we focus on is income tax planning for our clients. And so it would be much better for actually those parents not to, for instance, give away assets before they die to their children because what happens is if the parents die owning assets that have a lot of appreciation in them, that's been unrealized, and by example, maybe they've got a house that they bought for $200,000 30 years ago that today is worth a couple of million dollars here in Florida, if they give that house away to the child before their death, the child gets what we call a basis in that asset that's a carryover basis. It's equal to the $200,000 the parents paid for it.   And so, if the children ever sell that house, maybe after the parents die, they're going to have to recognize income tax or capital gains tax on that million eight of gain. If instead they hold onto the home, the parents, and when they die, they leave it to the children, that home then gets a step-up in basis for income tax purposes to what the house is worth at the time of the parent's death, the $2 million. So if the children sell the house soon after their parent died, they're going to pay no income tax, no capital gains tax, they get the full $2 million, and Uncle Sam doesn't take any of it in the form of income taxes. So, it's very important that people be cognizant of what the potential income tax effects could be if they're talking about giving away assets prior to their death versus holding onto them and passing them to their beneficiaries after death.   Marc: Yeah, tax efficiency, right? It's just as important when we're no longer here, and our heirs would certainly appreciate that as well. Any final thoughts or anything that I didn't cover, Bill, that you'd like to share with folks when it comes to estate planning in general and what you guys do at your firm?   Bill McQueen: Sure. I guess one thing I would just mention, and we've talked a lot about probate avoidance, but with a trust, a trust can do a whole lot more. And I guess I would just give one example. It's not uncommon for us to have families nowadays that are often blended families, so it's a married couple and they have children from earlier marriages. For those of my generation that grew up watching The Brady Bunch, a family like that. And by using a trust properly, what usually most married couples want to do, one thing we don't know from an estate planning standpoint which spouse is going to die first. And usually, the spouses want to make sure the surviving spouse is well taken care of for his or her remaining lifetime, and then the assets go down to all of their children from both sides of the family.   So, one way to do that is just when the first spouse dies, they leave everything outright to the surviving spouse, with the hope and understanding they're going to leave everything to all six children in this example. But what can happen is when they do that and they leave the assets to the surviving spouse, that now becomes his or her assets. And again, they can change their estate plan after that first spouse died. Instead, what can be done through that revocable trust is we leave assets into a new trust, a marital trust for the benefit of that surviving spouse, so he or she's well taken care of for the rest of their life, but that trust, that marital trust, is irrevocable. And so, the first spouse to die knows their surviving spouse is going to be well taken care of, but they also know when the surviving spouse dies, where the assets are going to go, and it's locked in that it will go to their children as well and not just maybe the surviving spouse's children.   And then the last thing I would say is when we pass the assets to the children, often, most people think the easiest thing is just to leave assets to the children outright. And that can be done that way, but it's often not the most effective. Often, nowadays, we will leave the assets to the children in a trust, and we'll let the children be the trustee of their own trust so they get their share of the inheritance. They have it in their own trust that they're the trustee of, but this type of trust does give that child asset protection. So, if the child ever gets sued during their lifetime, be it age 25 or 85, a creditor can't get at the inheritance inside that trust.   Also, if the child is married or gets married and unfortunately goes through a divorce, their former spouse has no rights to the assets inside this trust either, because legally, the child does not own those assets individually. They're owned by this trust that the child controls and the child's the primary beneficiary of, but it's insulated from what I'll call bad people being able to get at their inheritance from that standpoint. So, that's really how we try to protect that inheritance and pass it down to the people we want and keep those creditors and predators away from their inheritance from that standpoint.   Marc: Got you. Yeah. I'll ask you this final question, and I set Nicole up with this as well. Just in general, I think, mindsets have changed through the years, but people often, many years ago, thought, "Well, you have to be really wealthy to A, have a financial advisor, and B, have a trust. You must be a Rockefeller or something like that." And that's just not the case anymore. So, are you seeing more people starting to realize or understand that this could be a useful tool for them in working with someone, and not just something for the ultrarich?   Bill McQueen: Oh, definitely. We serve clients of all different sizes and net worths, and I tell my clients there is no bright line test as to when it makes sense to have a trust as your primary estate planning document versus a will. But if I had to use a rule of thumb, I would say if somebody has assets that are over a couple of hundred thousand dollars, it probably is more beneficial to use a trust as the primary estate planning document rather than a will because, again, looking back to my youth, there used to be a commercial, the Fram oil filter commercial, that they always said, "Pay me now or pay me later."   Marc: Right, yeah.   Bill McQueen: Yes, putting a trust-based plan into place is probably more expensive than a will-based plan, but it's not that much more expensive, and all the benefits you get far exceed the cost of when they do die, what it's going to cost going through the probate process. So, just looking at it from a cost factor alone, I would say most anybody would pretty much benefit from having a trust-based plan versus a will-based plan.   Marc: Bill, does that include the home value as well? Obviously, those have skyrocketed the past few years, so it'd be pretty easy to get to a couple of hundred grand.   Bill McQueen: It would, yes. And I would include the home value in that as well, yes.   Marc: Okay. All right, Nick, any final thoughts from you before we go?   Nick: Really, I think the takeaway, and a lot of things have been pointed out, and something that we try to emphasize with people, whether it's financial planning, whether it's legal planning, is that strategy and how just a couple of decisions can make a dramatic impact on somebody's overall situation and plan. Oftentimes, and Mark, you alluded to it, where people, for many years, had this perception of, whether it's an advisor or an attorney, it's something that only people with really substantial amounts of money have. And if anything, people with substantial amounts of money, they have a bigger buffer. You know what I mean? And can make more mistakes and recover, but really, a handful of decisions for a typical client that's worked hard their whole life, saved a whole bunch, paid off their house, want to enjoy their retirement and hopefully pass on some money to their kids, they can really benefit from strategy planning and adapting to what's going on.   Marc: Yeah. For lack of a better term, Middle America, right? I mean, a lot of folks in Middle America could certainly use a team, a financial and legal team. And so, if you need some help, reach out to, of course, Bill and Nicole and their team there at Legacy Protection Lawyers. That's LegacyProtectionLawyers.com. That's where you can find them online, Legacyprotectionlawyers.com, or call 727-471-5868. We'll put a link in the show descriptions of this week's podcast as well. And you can also, as always, go to Pfgprivatewealth.com to get in touch with John and Nick. Don't forget to subscribe to the podcast, Retirement Planning Redefined, on Apple, or Spotify, or whatever podcasting app you enjoy using. Bill, thank you so much for your time. Great information. We really enjoyed having you here.   Bill McQueen: Thanks for having me, Mark and Nick, appreciate it very much. Enjoy it.   Nick: Thanks, Bill.   Marc: And we'll see you next time here on Retirement Planning Redefined with John and Nick.

Don't Cheat Uncle Sam 39-03-12 03 Needlework

Burning Man is the biggest event for billionaires in the world… so why is it losing millions?The US Gov't is getting 10% of Intel in exchange for taxpayer $$… Uncle Sam CEO?Pleasure reading is down 40% in 20 years #ReadingRecession… But Warren Buffett reads 182 books/year.Plus, the new restaurant trend… is a pregnancy-inducing hamburger.**And we're going on vacation and Nick's having a baby (IBO)! So we have special Bonus Episodes coming everyday to the feed while we're out-of-studio.**$TSLA $GOOG $INTCWant more business storytelling from us? Check out the latest episode of our new weekly deepdive show: The untold origin story of… Subscribe to The Best Idea Yet: https://wondery.com/links/the-best-idea-yet/ to listen.NEWSLETTER:https://tboypod.com/newsletter OUR 2ND SHOW:Want more business storytelling from us? Check our weekly deepdive show, The Best Idea Yet: The untold origin story of the products you're obsessed with. Listen for free to The Best Idea Yet: https://wondery.com/links/the-best-idea-yet/NEW LISTENERSFill out our 2 minute survey: https://qualtricsxm88y5r986q.qualtrics.com/jfe/form/SV_dp1FDYiJgt6lHy6GET ON THE POD: Submit a shoutout or fact: https://tboypod.com/shoutouts SOCIALS:Instagram: https://www.instagram.com/tboypod TikTok: https://www.tiktok.com/@tboypodYouTube: https://www.youtube.com/@tboypod Linkedin (Nick): https://www.linkedin.com/in/nicolas-martell/Linkedin (Jack): https://www.linkedin.com/in/jack-crivici-kramer/Anything else: https://tboypod.com/ About Us: The daily pop-biz news show making today's top stories your business. Formerly known as Robinhood Snacks, The Best One Yet is hosted by Jack Crivici-Kramer & Nick Martell.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The government has indeed taken a stake in Intel. Apple might turn to Google to save Siri. Meta turns to Midjourney. Perplexity wants to cut publishers in on the action. And how DHL is using AI to shore up a workforce that is aging out. Links: Trump, Intel Agree to 10% U.S. Stake as President Promises More Deals (NYTimes) Apple Explores Using Google Gemini AI to Power Revamped Siri (Bloomberg) Meta partners with Midjourney on AI image and video models (TechCrunch) Perplexity to Let Publishers Share in Revenue from AI Searches (Bloomberg) Netflix Sets Opening Dates for Permanent Entertainment and Shopping Venues in Philadelphia, Dallas (Variety) Inside DHL's AI upgrade: ‘Love it or hate it, you have to work with it' (FT) 8 Women, 4 Bedrooms and 1 Cause: Breaking A.I.'s Glass Ceiling (NYTimes) Learn more about your ad choices. Visit megaphone.fm/adchoices

With the passing of the SECURE Act 2.0, the IRS age trigger for required minimum distributions has been raised to 73, but as we all know, Uncle Sam always gets his cut, so having a strategy is critical. Donna and Nathan discuss RMD planning, and how to use the rules to your maximum benefit. Also on MoneyTalk, Stock Trivia: Two Truths and a Lie. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®, CPWA®; Air Date: 8/19/2025; Original Air Date: 10/15/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!See omnystudio.com/listener for privacy information.

The White House considers taking a 10% stake in the chip maker, after Donald Trump meets with Intel CEO Lip-Bu Tan, shortly after he demanded Tan's immediate resignation. Is this another example of MAGA corporate statism, along with Trump's "golden share" on the Nippon-U.S. Steel deal, his "export tax" on AI chips, and his talk of a sovereign-wealth fund? Learn more about your ad choices. Visit megaphone.fm/adchoices

Masa Son is investing $2B into Intel, and the Uncle Sam might join in as well. Small AI models continue to have a moment. Chamath is reentering the arena with a new SPAC. The Texas AG is investigating AI chatbots. And does GPT-5 prove that we've hit an AI ceiling, even if only temporarily? Links: ⁠Intel is getting a $2 billion investment from SoftBank⁠ (CNBC) ⁠Nvidia releases a new small, open model Nemotron-Nano-9B-v2 with toggle on/off reasoning⁠ (VentureBeat) ⁠‘SPAC King' Chamath Palihapitiya is back with a new one⁠ (Pitchbook) ⁠Texas attorney general accuses Meta, Character.AI of misleading kids with mental health claims⁠ (TechCrunch) ⁠Is AI hitting a wall?⁠ (FT) Learn more about your ad choices. Visit megaphone.fm/adchoices

The new tax bill just passed, but will it actually help you? Let's look at who stands to benefit, strategic moves to consider now while the rules are fresh, and answer a few true or false questions about the law.    Important Links: Website: http://www.yourplanningpros.com Call: 844-707-7381   ----more---- Transcript:  Marc: This week on Plan With the Tax Man, let's revisit the Big Beautiful Bill conversation. But this time let's look at who it helps and maybe who it doesn't help as we digest more of the Big Beautiful Bill.   Welcome in to Plan With the Tax Man with Tony Mauro and myself as we talk investing, finance, and retirement. What's going on, my friend? How you doing?   Tony Mauro: I've been doing well. How about you?   Marc: Hanging in there. We are firmly into August already. Man, the year is just like, "Shoo," just flying by. So I hope everybody's doing well. We're on the back half of the year and we wanted to just readdress a little bit more the Big Beautiful Bill conversation. We talked two weeks ago, Tony, about some of the nuance, some of the numbers, things of that nature, but let's talk about who's benefiting and maybe who isn't, just depending on where you're at. And we'll just kind of refresh some of the rules in the conversation as we're moving along. So in your mind as a planner, as someone who helps people with their business, with their personal, not only taxes, but also financial strategies, things of that nature, who do you see benefiting from this passing law?   Tony Mauro: Well, I think there's a little bit for almost everyone in varying degrees. So I hate to say that there's no real losers, I don't think. Some people might benefit more than others, but I think that anybody could take some of this, especially with the tax rates and use it to their advantage for a while. It doesn't matter what your income is, it matters of how much that you can do to save for some things. So while I think it's a good attempt to maybe provide some tax relief all up and down the board, yeah, I mean it depends on who you listen to. High income earners are the winners because the greater tax cuts for businesses and the lower income households are losing way more than they're getting. We don't want to get into all that, but we want to at least hopefully explain a few things about this of how you can win on this.   Marc: And we talked about that a couple of weeks ago. I mean, I think retirees and pre-retirees, certainly with the expanded standard of deduction, see benefit 65 plus, right? So that's a big piece. Some above the line items we talked about for charitable people, that's definitely beneficial. I think married couples that are, I guess middle/upper I guess maybe might be the ones losing out. I think married couples between basically $250,000 of income coming into the house and down. There's quite a few benefits for those folks, right? 250 and up, I think you're not going to see some of that.   Tony Mauro: Not going to see some of that, especially if you're one of those people and you're both W2 and you don't have businesses or rentals or some things like that. And it depends on some of where you live, but there is some things in there that you might be able to take advantage of. Depending on what state you're living in with the whole SALT cap thing, you might be able to itemize where before you could not. But yeah, I think you're right with the things above 10 or 200, some of that stuff's going to phase out and you might feel like, "Well, I didn't get much out of this," but nevertheless, the tax rates are still relatively low. You still can convert Roth IRAs and do some things for retirement and things that will help you.   Marc: Clients with no business or rental exposures. They're going to miss that. A little bit, like you said, some of the lower states with the SALT, but I feel like there's a lot of strategy in here for people. So if you're being proactive, which we hope that you are, what strategic moves should savers be looking at?   Tony Mauro: Well, I think the big one would be, I'm a big Roth guy if you can do it, because way back Congress made a deal, what I call, with the devil, because they allowed these Roths, even though I think it kills them in the end because they can't get any tax on it. But they did set some limits in, but Roth conversions are big because they still allow you to convert from a tax deferred to a Roth, and you can even still do a backdoor Roth. It doesn't matter even what tax bracket you're in. And so even high income owners can start getting that money from the IOU to Uncle Sam to tax-free later on. So I think that's a huge one no matter what bracket you're in, that's the big one. Higher income earners and wealthier people, they did raise the estate and gifting strategies, but you're talking really high net worth up there, so that's not going to affect most of our clients.   Marc: Right. At least they went to an even number, what was it, 13? It was like $13 million 999 before or whatever. Now they made it $15 million, so it's like-   Tony Mauro: $15 million.   Marc: Yeah, thanks for making it simple.   Tony Mauro: And if you think about that, and if you double that, if you're for joint, you've got $30 million roughly before you have to start paying some of those taxes. I can remember in my lifetime when that exemption was like a million dollars and boy, if today it was that low, everybody would be getting snagged with that one.   Marc: Yeah, I mean that's a good thing, right? Because I mean just the home values right now would send most people over. Even I think there was talk about before this even went through of them removing that $13 million down to back down there like six or seven or somewhere in that neighborhood even that would've been easy to hit for a lot of people with some of the housing prices.   Tony Mauro: Especially in these total estates.   Marc: Yeah, so I think again, charitable deduction, charitable contributions being effective there is certainly going to benefit a lot of people. And when it comes to the estate side, you definitely want to make sure you're still talking with your strategist and hopefully an attorney and you're putting those pieces together anyway, because a lot of people just don't even bother. They hear that number and they go, "Oh, well, I'm never going to touch that, so I don't need an estate plan." It's like, well, no, everybody needs an estate plan. It's just a matter of the estate tax conversation.   Tony Mauro: Yeah, and the complexity of it. I believe everybody needs an estate plan and some of the basics. Obviously if you get up there to those numbers, then it's more complex and you really do have to do some planning to avoid those nasty taxes, but it's possible to do it.   Marc: Yeah. Well, what else might trip people up on the new landscape, Tony?   Tony Mauro: Some things would be implementation windows. Check with your advisor. I mean, we're sending out newsletters, so hopefully our clients are reading those about some of these weird start dates, so you don't do something and miss it and be mad that you don't get that particular deduction. There's that. And then I think too, I think you should check with your advisor to see overall, just you're just your tax advisor and/or your tax and or planning advisor, is, "What can I do? How can this help me?" So you don't go out and do something that you shouldn't, so you don't make a mistake.   And I'll give you an example. The car interest deduction, it's basically for lower to middle income people. It does phase out. It would be a mistake to go out and buy a car that doesn't qualify for that. And so that would really make you mad if you went out and bought a new car. Maybe you got yourself into a loan and with the hope of getting the interest deduction, you don't get it.   The other one is too though, with that one, you have to be careful, and maybe this would be more of a planning situation, is don't go out and buy a new car, maybe just for a deduction if you don't need it. Now, that's going against probably what Congress's intent is, but from a planning standpoint, as an advisor, we want you to stay out of debt as much as possible. But if you're in the market for a new car and need it, do it and maybe you can get a tax deduction that lowers the overall cost a little bit. But again, I think the big takeaway there is really check with your advisor before you implement some things. Let's put it this way, before spending money on things.   Marc: Yeah, very true. All right, well let's wrap up the program here, Tony, with just a quick true or false on some of the Big Beautiful Bill myths out there. True or false? Social security is no longer taxed.   Tony Mauro: That is false.   Marc: Okay.   Tony Mauro: They're still subject to the income tax depending on your total income, so that's not true. People are getting that confused with the extra deduction or-   Marc: Yeah, the senior deduction.   Tony Mauro: Yeah, the senior deduction. Yeah.   Marc: Well that's my next one, so that's false. Okay. True or false? The new law means tax cuts for everybody.   Tony Mauro: Yeah, not really because some of it, like the $6,000, I mean really is only for 65 plus and that does phase out if your income is too high. And then the SALT deduction really is going to help mostly people in the higher tax states.   Marc: Yeah, for sure. True or false? The tax brackets are permanent now, so I don't need to worry.   Tony Mauro: That's definitely false. You know nothing is permanent in Washington and it only means they're not set to expire. That doesn't mean the next Congress or president couldn't come in and rewrite everything, so absolutely not.   Marc: Yeah. Okay. The $15 million estate tax exemption means estate tax or estate planning won't really matter to me because I don't make that much or I don't have that much. Right?   Tony Mauro: And that's definitely false because every state has their own rules. Everybody always fixates on that big federal one. In Iowa, the rules are very different here. And so you are going to need a state tax plan even if you have a net worth say of a million bucks or more, especially depending on who you're going to give it to.   Marc: There you go.   Tony Mauro: Definitely check with your advisor.   Marc: Great point. All right folks, well hopefully the last couple of episodes we're talking about the One Big Beautiful Bill hopefully we helped you with some clarity. I know Tony sent some other things out with newsletters and different things as well. So as always, before you take any action with something you hear from our show or any other podcast or anything you see or read online, see how it relates to your specific situation with your qualified professional because every situation is going to be different. Obviously we're all affected by taxation, we're all affected by social security, we're all affected by healthcare, things of that nature. But how it rolls into and plays in your specific life and strategy is different from person to person.   So make sure you're sitting down with someone like Tony who is a CPA, who's also a CFP and an EA of 30 plus years helping people get two and three retirements. So got all the credentials, got all the stuff there, so make sure you're reaching out to Tony and his team at Tax Doctor Inc. You can find them online at yourplanningpros.com, that's yourplanningpros.com and you can also subscribe to the podcast on Apple or Spotify or whatever app you like using so you can catch new episodes when they come out of plan with the tax man. Tony, thanks for breaking it down, my friend.   Tony Mauro: Okay, we'll see you next time.   Marc: I always appreciate you. I always learn something new and we'll see you a little bit later here on Plan With the Tax Man with Tony Mauro.   Securities offered through Avantax Investment Services SM, member FINRA, SIPC. Investment advisory services offered through Avantax Advisory Services. Insurance services offered through an Avantax affiliated insurance agency. Investment strategies discussed in this episode may not be suitable for all investors. Please consult with a financial professional.

Black Lou goes to a NASCAR race for the first time and dresses up like Uncle Sam so the locals think he is friendly and belongs there. | Bob tries to dance to 90's R&B but his hand snapping looks a lot like old-timey Doo Wop dancing. | A new form of Ozempic is on the market that produces better results and is easier to take. Jay thinks that Bobby picked the wrong time in his life to get the lap band surgery because of these new advances in medical science. | Jay watches the Netflix documentary "Amy Bradley Is Missing" which is the investigation of the 1998 disappearance of a 23-year-old woman from a Caribbean cruise and her family's tireless search for answers. Jay has many problems with the search that he feels is anything but "tireless." *To hear the full show to go www.siriusxm.com/bonfire to learn more! FOLLOW THE CREW ON SOCIAL MEDIA: @thebonfiresxm @louisjohnson @christinemevans @bigjayoakerson @robertkellylive @louwitzkee @jjbwolf Subscribe to SiriusXM Podcasts+ to listen to new episodes of The Bonfire ad-free and a whole week early.  Start a free trial now on Apple Podcasts or by visiting siriusxm.com/podcastsplus.

Tuesday, August 12th is National Poll Worker Recruitment Day, a day when Americans offer up their services to their local polling precincts ahead of election season. Virginia's 45 days of early voting requires a lot of manpower, but as Brad Kutner found out, those involved say it's a unique chance to serve your community and […]

Mark and Gary unpack ICE's bizarre new recruitment ads hitting Los Angeles, examine a Virginia law raising questions about reproductive product privacy, and dig into a Malibu wrongful death case that's drawn attorney Alan Jackson back to the spotlight.Watch Beyond A Reasonable Doubt and all Reasonable Doubt video content on YouTube exclusively at YouTube.com/ReasonableDoubtPodcast and subscribe while you're thereSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

First aired February 5, 2023In this episode turned declaration of love, Katie talks with Chris about his only interest. Aliens. Unidentified aircraft fall from the sky and "creatures" are seen in distress all over the city of Varginha, Brazil. Locals raise question as military blockades are being set up in a residential neighborhood, and medical staff are threatened into silence. Truly something of significance must have happened for the United States to "Uncle Sam" their way in uninvited. Support the showStay curious!

Today, we're talking about a shooting at a U.S. Army base; Uncle Sam's economic plans for pressuring Russia into a ceasefire with Ukraine; President Trump's “reciprocal” tariffs officially taking effect; and other top news for Friday, August 8th. Stay informed while remaining focused on Christ with The Pour Over. Chick-fil-A gift card giveaway sign up for our newsletter ⁠here⁠ Looking to support us? You can choose to pay here Check out our sponsors! We actually use and enjoy every single one. Cru Surfshark Holy Post CSB's Back to School Gift Guide CCCU Upside HelloFresh Mosh

A new tax bill has officially passed (you've probably heard it mentioned as the “Big Beautiful Bill”). And while most headlines are focused on politics, we're focused on what it means for your retirement. The choices you make in the next year or two could have a significant impact on how much you keep and how much goes to Uncle Sam. In this episode, Trent and Brandon break down the most important aspects for retirees, pre-retirees, and everyday earners. They walk through key provisions of the bill- like extended lower tax brackets and a potentially game-changing deduction for seniors. You'll also hear about enhanced bonus depreciation for small business owners and landlords, charitable giving updates, and some unexpected perks, like tax relief on tips, overtime, and even auto loan interest. Tune in to hear how the new bill could impact your financial future and find out which opportunities could expire before you know it! Here's some of what we discuss in this episode:

The Faithful Ones (Invictus Press, 2025) chronicles a rarely explored intersection in World War II history—the entanglement of the U.S. military, conscientious objectors, and state mental institutions. The novel unfolds in 1941, where the working-class in Port Richmond, Philadelphia, debate duty to country versus loyalty to conscience. Despite his pacifist convictions, Edward Hohlfeld complies with Uncle Sam's call, reporting for duty with a conflicted heart. However, his principled stance on the basic training firing range sets off a chilling chain of events, landing him in a barbaric state asylum. Branded mentally unfit and abandoned by the very institutions meant to protect him, Edward becomes a prisoner within his own country. His mysterious downfall drives his younger sister, Mary, on a decades-long quest to uncover the truth and reclaim her brother's stolen honor. Kathleen (Kate) Joyce Waites is a Philadelphia native, former nun, scholar, author, and emerita professor at Nova Southeastern University in Fort Lauderdale, FL. Social injustice and institutional corruption are themes in her scholarly publications and creative work. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/literature

Forget “summer slowdown” — DC is on uppers! Web3 mixers, AI hype, and crypto market “clarity” are all popping off while PayPal opens a shiny new crypto window. Meanwhile, the Clarity Act creeps through Congress, government wallets are moving big bags, and suddenly Visa and Mastercard look like boomers at the blockchain beach party.Toner and Lara pull back the curtain on the tokenization takeover: AI agents swiping your cards for you, Uncle Sam angling to corner crypto reserves, and a full-on global arms race for who controls the digital vault. August isn't sleepy — it's a financial fever dream hurtling toward economic regime change.

Thinking of say "Bye Gurl" the U.S.?Madonna's divorce was expensive—but renouncing your U.S. citizenship could cost you even more

There's been a lot of noise around the One Big Beautiful Bill, an 887-page piece of legislation that just reshaped key elements of the tax code. But what does it actually mean for your retirement? In this episode, Jake and Nick cut through the headlines to explain what's changing, what's staying the same, and why this bill may be the biggest planning opportunity in years. Join us as we unpack some of the common myths, including confusion around Social Security taxes, and explain what high-net-worth families need to know about estate planning.  Plus, we dive into the extension of the 2017 tax cuts and bigger deductions for those over 65, changes that could directly impact how you plan, save, and retire. The bill brings real benefits, but only if you know how to use them. The choices you make in the next year or two could have a significant impact on how much you keep and how much goes to Uncle Sam. Here's what we discuss in this episode:

A new tax bill has officially passed (you've probably heard it mentioned as the “Big Beautiful Bill”). And while most headlines are focused on politics, we're focused on what it means for your retirement. The choices you make in the next year or two could have a significant impact on how much you keep and how much goes to Uncle Sam.   Important Links: Website: http://www.yourplanningpros.com Call: 844-707-7381   ----more---- Transcript:    Marc: This week on Plan With the Tax Man, let's talk about the Big, Beautiful Bill and what it means for your retirement. We'll stay away from the politics as much as humanly possible and just focus on what it might mean in the choices that you may make in the next couple of years. Let's get into it.   Hey everybody, welcome into the podcast. This is Plan With the Tax Man with Tony Morrow and myself to talk investing, finance and a retirement with Tony, who is Des Moines Professional Alternative at Tax Doctor Inc. He's a CPA, CFP and an EA of 30 years plus in the industry, and a great resource for you to tap into.   And Tony, this week we're going to talk about... It's been a couple of weeks now and we're going to talk about the BBB or the OBBBB as the One Big Beautiful Bill. But you know, it's kind of funny. I think at first when we heard that, I think we thought that was just like the media name, but that's actually the bill's name. I was expecting it to be like OBB753624, some crazy number or whatever. But nope, it's One Big Beautiful Bill. So how you doing, buddy?   Tony: I've been good. Wrapping up the summer and hot here and here, we're getting ready for the state fair. So that's a big thing around here.   Marc: Yeah.   Tony: Yeah. Things are going good.   Marc: Well, good. Well, let's talk about this. Like I said, we'll try to stay off of the political stuff as much as we can. I mean, unfortunately, everything is trying to frame every piece of a conversation with some sort of a slant. And I will say, the only piece I'll say about this is that there's a lot of this helps billionaires and blah, blah, blah. And when you really look at some of the stuff we're going to cover today, it really doesn't. It's actually really kind of low and middle income families who actually get some of this extended stuff, at least a lot of the things that are going to affect most people. Right?   Tony: That's right. Yeah.   Marc: So we'll just dive into it. We'll kind of get started. So first of all, the tax brackets, which is the big piece, have been extended. You and I have been talking about that for a couple months now. When you're talking about planning and strategizing, we were waiting to see would the TCJA, the Tax Cuts and Jobs Act from 2017, expire or would they get extended? Well, they got extended.   Tony: They got extended and they are supposedly... And we have to address this because you're going to hear a lot of stuff in the news and whatnot about this and that tax cut or brackets being now permanent, and hopefully, everybody knows that permanent only means that they just won't expire. But-   Marc: Right. In Washington-   Tony: Congress can change them.   Marc: Yeah. In Washington, permanent is not an actual word I don't think. Yeah.   Tony: It isn't. So I wish they wouldn't throw that around. But from this standpoint right now, they're not going to expire until Congress changes them.   Marc: A future Congress would have to pass a bill, basically.   Tony: Yeah. So you have to do that. But it is good news because now people from all income aspects can kind of plan. Obviously, the higher income is probably more concerned because they can do maybe a little more, but this is going to benefit people because all across the board, we're not going to have to worry about tax rates going up for right now.   Marc: Yeah. The seven brackets, Tony, they're staying the same through at least probably 2028, right?   Tony: At least. Yeah. At least.   Marc: Right. So we got what? 10, 12, 22, 24, 32, 35, and 37. Those are the tax brackets.   Tony: That is correct. Yeah. I always have to look them up now. Because there's so many, and they're constantly adjusting them a little bit for inflation. But I think that as far as how you can take advantage of that any more than you already have is we always try to get our clients to use up the bracket that they're in. It's important that they know what bracket they're in, which is their marginal bracket, because that is the bracket that the last dollar of income that's going to be taxed on. So anything we can do to fill up that bracket-   Marc: Can you explain that a little bit? Because I think people get confused by that, right? So they think, okay, let's say I'm in the 22, and so I'm afraid I'm going to do this or this and I'm going to move to the 24. But when you get moved up a bracket, it doesn't mean every dollar that came in moves to the 24, correct?   Tony: That's correct. Yeah. And a lot of people tend to forget when we'll pull out the brackets and the ranges that this is a progressive tax system. Certain amounts of income are starting out taxed at 10 and then the next is 12 and on and on and on. We talk about marginal bracket because if you're in the... Let's say I spout out, you're in the 22% bracket, that means any more of your income that you bring in that year over a certain amount is going to be taxed at 22%, but the first parts weren't taxed at 22%.   Marc: Correct.   Tony: Just the latest. And so it's really a good tactic for using Roth IRAs or Roth conversions-   Marc: And we'll talk about that yeah, a little bit later too. Yeah. But that's a good piece of that. I mean, overall extending this, from a planner's standpoint, which obviously you're a planner, that's useful. Yeah?   Tony: I think it's useful because now we can go with people and we can, I think with more accuracy, determine what their future taxes are going to be on some of this stuff and how we want them to take advantage of that and invest for retirement. I mean-   Marc: Yeah, for sure.   Tony: On a nation standpoint, well, again, we don't want to get into politics and all that as far as spending and cutting and this and that. But all we can do is take advantage of what they give us regardless of who's in there.   Marc: Yeah, true. And so probably up until '28 we'll have this in place, and some of these pieces that they passed also do have time expirations on them as well, and we'll talk more about that here in just a second. But again, there seems to be a lot of confusion around it. So that's the first big takeaway is that, hey, we are at historically low tax rates. So that's a win for most people. We'll see how it plays out in the long run, but for right now, that's the advantage we can take from it.   The standard deduction was also "made permanent" right, Tony? And honestly, it's pretty hefty. Check this out. I was going to run this past you, see what you thought. If you kind of break this down a little bit, Tony, so it's what? The standard deduction is... Let just find my note here. Where'd it go? Okay, so the standard deduction for a married couple, it's 31,500 base for 2025. That's pretty hefty.   Tony: That's hefty. And a lot of clients, that at least we see, may not be able to have enough itemized deductions to get over that, but at least it is. It's hefty. So you're not being penalized what I would say so much, but it is making it a little bit simpler for some Americans to just take the standard deduction. However, I think what we're going to talk about next will come into play this year where it hasn't come into play and that's the SALT cap because some people might be able to itemize now. But again, it's important to make that distinction.   Marc: Yeah, for sure. Well, I'll tell you what. I'm going to move it around a little bit. Let's talk about the SALT cap after we talk about some of the other deductions that kind of go along with the standard. Okay? So we got the standard deduction. It's 15,750 for a single person, single filer. 31,500 for a married couple.   Now, what they did for a lot of our listening audiences is the whole conversation and the kerfluffle around no tax on Social Security. That didn't happen. They did their bartering and all that stuff and people wanted to get this, and some people wanted to get that. And what they settled on, Tony, was this additional $6,000 per person over the age of 65.   Now, here's where I think people get confused. So the existing law gives you that additional standard deduction of $2,000 per person if you're over 65. Then this new temporary, from 2025 to 2028, senior deduction they're calling it is another 6,000 for single filers or 12,000 for married couples. So if you add these together, the 31,500... Let's say you're a married couple. 31,500 base deduction, the 3,200 age-based existing law deduction for married couples, plus the $12,000 bonus that's temporary through 2028, that's $46,700 of deductions can be pretty hard to itemize.   Tony: It's going to be pretty hard to itemize for seniors. Yes.   Marc: That's pretty great.   Tony: For sure. I mean, that is good.   Marc: 65 and over again, right?   Tony: Yeah, 65 and over. Now, what you got to remember though is that it's not... And I've already started to hear it. They're not eliminating taxes on Social Security.   Marc: Correct.   Tony: You still are paying taxes on your Social Security. It's just that they're extending a deduction. So it's in the ballpark. I mean, your taxes will be cut by whatever tax rate you're in with this deduction. And so-   Marc: It's kind of like a semantic word. It's almost a semantic math problem. Now, there are income limitations on this, we should say. For some people, it is like you're not going to be paying the tax on your Social Security, but not for everybody.   Tony: Not for everybody, but yeah for a lot of people, especially the people that are more Social Security heavy as far as driven with their retirement income, you may not be paying taxes at all now or very little. They will go down.   Marc: Yeah. So I guess we should explain the phase out. So how it works is if your MAGI, your modified adjusted gross income, is 75,000 for singles and 150, that's when it starts to phase. Does it mean you're cut off? It's not like a cliff, right?   Tony: It's not like a cliff.   Marc: At 150 for couples, it's not cut off, but at $250,000 of income, that's when it does cut off. So 150 to 250, you're kind of like percentages are going down, correct?   Tony: That's correct.   Marc: Okay.   Tony: Yeah, that's correct. And then the people that are over 250, obviously I think probably the theory there is, well, they don't need this extra deduction. So you're not getting it basically.   Marc: Right. Right.   Tony: So you're not getting that tax cut.   Marc: And so that really does benefit lower and middle income families, retirees.   Tony: For a lot of them definitely. Definitely. I think we're going to see a lot of our senior tax clients and the financial planning clients, their tax bill is going to go down with that.   Marc: Yeah. Now, the goofy part unfortunately was what was the IRS or whoever sent that thing out at first saying that it was no tax? And then they was like, okay, got all kind of confused and people got a little misnomer there. So we wanted to make sure we kind of explained that. They're kind of calling it the senior citizen deduction. As I said, it's 6,000 per person. Of course, $12,000 if you're married, and it's only for folks over 65 and again, within those monetary thresholds.   Now, to your point, let's back up a little bit and go to the SALT cap again, the bargaining chip I think when all these congressmen and senators and women are all chatting. It's like, well, I want this and I want that. They get this plan together. This happens with every bill for everything. We all know that's what they do. And you know that the higher income states were like, hey, California and New York and New Jersey and some other states were like, we need to raise the SALT. So explain what the SALT tax is and all that stuff.   Tony: So the SALT tax is short for what they did with the state and local income taxes and your property taxes back with the Tax Act of 2017. They basically put a limit on that deduction that you can not deduct any more than $10,000 in that whole area of your Schedule A, which is really your state and local income tax, your property tax, your car license fees and sales tax.   And so for those high tax states and those big states like California and New York, you're talking property values... I mean, some of those people's property tax alone might've been 30 to 50,000.   Marc: Yeah. I think Jersey's even higher than California, if I'm not mistaken. But Jersey's pretty high too. Yeah.   Tony: So I mean, all the really high income earners have large, large homes and properties have been crying for several years because they always could itemize drastically and now that was cut way down for them. So they have expanded this to I believe it's 40,000.   Marc: It's 40. Yep. Mm-hmm.   Tony: And there are some limits I believe on that too, and I can't remember what they are. But that is going to be a help to people that might not have been able to itemize before that might be able to now. Again-   Marc: Yeah. I feel like that's going to be your higher income earners though, Tony,   Tony: It is.   Marc: And by the way, yes, you're correct on the limits on that. The SALT deduction cap phases out between a half million and 600,000.   Tony: Okay.   Marc: Yeah. So it's fairly up there. So if you're itemizing, you're probably fairly well off.   Tony: You're probably fairly well off. Yeah. It just gives a little bit to the higher income earner, especially in the higher property tax states and whatnot, and income tax states to be able to deduct all that where they were limited severely here in the past. And we have a couple of tax clients that live in these states. They're making a half million, million bucks a year as a W2'd employee. So they're phased out of everything. It's those people that were really getting hurt. So this will help some as well.   Marc: Yeah, for sure. And before we move on to just the strategy of things and stuff, I did want to point out that there's also that new charitable deduction for standard filers. So if you can't itemize, back to my point a minute ago, we're talking like 30 plus grand of standard deductions going on, so a lot of people will not hit the itemizing level. They added this new little in 2026, Tony, where you can, for singles, it's only $1000, but still it's $1,000. And for married couples, it's $2000, but you can still do charitable donations without the itemizing.   Tony: Without the itemizing.   Marc: So it's not a ton of money, but it still comes off of your top income line. And if you're charitable minded, that's a great thing.   Tony: That's a great thing. I mean, even at $2000, let's say you're in the 20% bracket, it's $400 of an actual tax reduction. And again, you want to take everything they're going to give you and you don't want to leave anything on the table. So that does help with the charitable giving as well.   And back to the point of the higher income people, the charitable giving, they're giving a lot more anyway, so they're already itemizing. So that doesn't really do anything for them, but it does give the average person, if they're doing it anyway, at least they get a little bit of deduction where before they didn't.   Marc: Yeah, true. True. And this is an above the line deduction, correct?   Tony: Above the line. So they don't have to itemize.   Marc: Yeah.   Tony: Yeah.   Marc: Okay. All right, so then let's talk about also charitable giving and the Roth opportunities. So we kind of started that little piece of that earlier. Coming back to that now. The fact that you now have more runway, Tony as a planner, if Rothing over time was something that was maybe on someone's radar to do and they were worried, well, are they going to extend the Tax Cuts and Jobs Act or not? Or were the tax rates going to go up? That kind of changed that scenario, but now that we know that it's going to be that way for maybe the next four years, then hey, Roth opportunities are still alive.   Tony: They're very much alive. Our clients especially using backdoor Roths for higher incomes, for us, we're basically telling clients, let's make sure we're filling up these brackets and getting everything into a Roth as we can before they change something on that loophole. But I think in this tax situation, especially in the planning area as far as evaluating what to do now versus later, I think that's where people like us come and play where we can provide a lot of value in that area. It's not talking all about just choosing investments, is how can we cut your tax bill and continue to save for retirement tax efficiently.   Marc: Yeah. I mean, I think that's going to be the name of the game for most people is how do we maximize... Especially for four years, right?   Tony: Four years.   Marc: We know that politically it is what it is and in four years, depending on what happens with elections, another administration could come in and try to wipe out everything that this administration did. Who knows. So be efficient and take advantage of things right now while you can. And we'll wrap it up with any other things in there that caught your eye that you thought were interesting that you might want to share with the listeners?   Tony: I think one was, and nobody really is talking about it yet and it doesn't help a whole lot of people, and I don't know if I really agree with it, but I think it's important to get it out there. And that is they're allowing auto loan interest to be deducted again above the line. So you do not have to itemize to get this deduction. However, there's a lot of limits in it. It's got to be purchased this year, it's got to be new. There's phase outs for the deduction on income, but everybody's buying a car [inaudible 00:17:06]-   Marc: Yeah, it's like 10 grand too, isn't it? It's pretty-   Tony: Yeah, it's up there.   Marc: Yeah.   Tony: And so if you're out buying that, you're going to have an incentive to...   Marc: Well, that was the point. Yeah. that was the point, right? Because what is it, final assembly in the US? Which I'm curious as to what the breakdown on that is. Is it like 40% of the car has to be assembled here or what?   Tony: Exactly. I think that's interesting.   Marc: Yeah, for sure.   Tony: And it'll be interesting to see how they try to police that for people that might press that a little bit.   Marc: Great point. Yeah. Well, in that same car vein, Tony, I think it is again, part of that initiative to promote American business and growth and help our economy. Because on the same side, the EV credit is going away. So if on your radar for your retirement strategy, if you're getting close to retirement this year was to get a new car like many retirees do when they first get to retirement, keep in mind that the EV credit goes away in September. So just a little over a month or so from now.   Tony: Yeah. I think one last one though is the no tax on tips up to $25,000.   Marc: Might not help a lot of our listeners or your clients, but maybe their kids or grandkids.   Tony: Yeah. I mean, it's going to help a certain segment to a point. I actually had, believe it or not, somebody already called me up, and this was a business client, they're already thinking, and hopefully they don't do this. But they were asking about, well, why don't I just convert all my employees to 1099s and they can basically claim tip income?   So the IRS has got rules on that. It's got to be W2. They got to be reported tips. So if you're a tipped employee and it's got to be in the service industry that normally receives tips, can't be somebody out on the road truck driver or something like that. Don't get too cute with some of this stuff and trying to push the limits and trying to outthink things, because you're going to get yourself in trouble. I know the IRS is having some issues now with staffing and whatnot, but I would recommend highly do not try to do any of that. And there's already stuff out on the internet talking about ways, which I think are already, they strike me as illegal. So don't fall for that. Make sure you ask your advisor.   Marc: Yeah, yeah. Yeah. We want to still stay above board with this stuff.   Tony: Got to stay above the board.   Marc: Yeah. Especially with some of that stuff. But yeah, I mean, it could be beneficial for folks in those industries doing things the right way. So good stuff. I mean, look, Tony, at the end of the day, the tax bill didn't shake the system to its core, but it did provide a decent amount of change to help in a lot of areas, especially for retirees and pre-retirees to take advantage of. So again, the window's kind of short to act. A lot of this stuff kicks in either this year or the first of next year, and it expires at the end of '28, going probably into '29. Unless of course Congress does something different. But more than likely, this all stands until there's a new administration and then they rule some kind of changes or whatever. So the takeaway, be proactive, right?   Tony: Right. Be proactive, talk with your advisor, see which deductions might apply to your situation both for taxes and retirement planning. And then just modify the plan as you go and try to take advantage of anything you can.   Marc: Absolutely. Yeah, and that's a great point. And when working with someone like yourself, Tony, who's doing both sides of that, both sides of the aisle if you will, if you'll pardon the pun, you've got the planning side as well as the tax side. So it's really helpful to have both of those things under one roof. So reach out to Tony if you've got some questions, need some help. Get yourself onto the calendar so that you can Plan With the Tax Man at 844-707-7381. 844-707-7381. Or of course, visit him online@ at Yourplanningpros.com. That is Yourplanningpros.com. And don't forget to subscribe to us on Apple or Spotify or whatever podcasting app you enjoy using. We'll see you next time here on Plan With the Tax Man with Tony Morrow. Thanks, Tony.   Tony: All right, take care.   Securities offered through Avantax Investment Services SM, member FINRA, SIPC. Investment advisory services offered through Avantax Advisory Services. Insurance services offered through an Avantax affiliated insurance agency. Investment strategies discussed in this episode may not be suitable for all investors. Please consult with a financial professional.

00:00 Four-Minute Offense 7:30 Will Someone Please Win 11:02 Doug's Big One = Good Value on Leavitt 25:00 ASU: Kenny Crushes It 1:17:51 DBACKS: Blown Out 1:31:43 CARDS CAMP 1:53:20 UofA: Who Doesn't Love Professor Brennan 2:15:05 Vs Vegas

This week on Beer and a Movie, we're joined by first-time guest Uncle Sam—the comedian, not the recruitment poster—and it's all about superhero families! We're diving into The Fantastic Four: First Steps and pairing it with The Incredibles, alongside two non-sour brews from the legendary Jester King Brewing. Stretchy dads, invisible moms, pyro kids, and beer that doesn't taste like a fruit salad—what more could you want? Tune in for laughs, hot takes, and a little sibling rivalry. #BeerAndAMovie #FantasticFour #TheIncredibles #JesterKingBrewing #UncleSamComedy #SuperheroMovies #CraftBeerPairing #MoviePodcast

Even the happiest couples argue — and sometimes it’s on air!

In Christopher Nolan's Batman trilogy there are several iconic lines: “Crime cannot be tolerated. Criminals thrive on the indulgence of society's 'understanding'."  “You either die a hero or you live long enough to see yourself become the villain.” In the philosophical and psychological world of Batman the line between right and wrong is blurred. Sometimes Batman is correct and other times villains like the Joker are correct. It is the archetype of the Joker which is a symbol of our shadow. Joke famously says, “Nobody panics when things go ‘according to plan.' Even if the plan is horrifying!” This is a wonderful explanation for why so many are willing to follow Q-Anon, accept contradictions in the Epstein story, or double down on Democrat agendas or MAGA. So long as the plan is followed then the contradictions, hypocrisy, crimes, and gas lighting matter little. Most of these plans stem from curators, be them the mysterious Q, a variety of podcast bros, or mainstream media. Many are now turning to Chatbots in order to acquire new plans and prophecies to follow. A recent revelation uncovered how MAGA even has their own chatbots. With nearly every revolutionary movement being exposed as what amounts to a chatbot, the US Government is now asking the public to donate to pay down the national debt. This is peak clown. The public refuses to do what is necessary, indulging in the self-congratulation of letting criminals run wild in the name of understanding. *The is the FREE archive, which includes advertisements. If you want an ad-free experience, you can subscribe below underneath the show description.FREE ARCHIVE (w. ads)SUBSCRIPTION ARCHIVEX / TWITTER FACEBOOKWEBSITECashApp: $rdgable EMAIL: rdgable@yahoo.com / TSTRadio@protonmail.comBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-secret-teachings--5328407/support.

On this episode of Bounced From The Roadhouse:Special Guests in 4B:Buffalo SoldiersHeat Across the USDeodorant at HomeGood NewsGuy Poops on the FloorMore Gen Z Phone HabitsMexican CokeWeird ScienceAir Bud ReturnsVenmo the GovernmentThat's a Great QuestionWaterparkHockey FamiliesQuestions? Comments? Leave us a message! 605-343-6161Don't forget to subscribe, leave us a review and some stars Hosted on Acast. See acast.com/privacy for more information.

Back in the can, this time on location in North Carolina living the boogie life, Pussfoot's Brian Casserly sits down with Mr. Todd Thompson, who's life in the sky started out as more of an "order" than a desire, care of the US Military.  Wanting more of the freefall taste than Uncle Sam was gonna provide, there was no way that Todd wasn't going to end up a proper jumper on his own.  Working now as an AFF instructor and Senior Rigger at Skydive Shenandoah and enjoying the hell out of it all, there's no doubt he's a lifelong member of the Lunatic Fringe.

A new tax bill has officially passed (you've probably heard it mentioned as the “Big Beautiful Bill”). And while most headlines are focused on politics, we're focused on what it means for your retirement. The choices you make in the next year or two could have a significant impact on how much you keep and how much goes to Uncle Sam.   Contact: Great Lakes Retirement Website: http://www.greatlakesretirementsolutions.com/ Call: 989-401-2949

The quintessential American economic myth is that the free market picks winners and losers. But the federal government has long had a role in this equation, from the current administration all the way back to the Great Depression. Today on the show, we uncover the history of the country's national investment bank, which shaped the relationship between the government and the market in ways that are still felt today.Check out Chris Hughes SubstackRelated episodes:The day Russia adopted the free market (Apple / Spotify)Giant vacuums and other government climate bets (Apple / Spotify)For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.Fact-checking by Julia Ritchey. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter. Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

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Send us a textPeaches returns with another banger, torching bureaucratic blunders and Joint Force nonsense. From the Pentagon flexing like it just invented drone grenades, to the DoD accidentally letting Chinese engineers tinker with our cloud—this one's a spicy ride. He dives into the F-35 budget cut drama, Space Force cosplay, uniform updates that no one asked for, and yes, another near-miss in the skies. Also: Nashville OTS still has slots, and you might even get Uncle Sam to foot the bill (if your chain isn't lame). Buckle up—your commute just got smarter and more sarcastic.

Download your free HITS Act Sales Guide to help you win more clients by teaching them about how the US Government will give them a "discount" on their next production, mixing, mastering, or recording project with you. Apply for a free one-on-one business coaching session with Chris Graham at https://www.ChrisGrahamCoaching.com Need help working ON your business instead of FOR it? Join me at The Stupid Studio Systems Challenge! Support this podcast by using Bounce Butler in your studio. Reach out and let me know what you think of the new podcast! WhatsApp or Instagram

This week on Blurry Hysteria, we're diving headfirst into the strangest laws Uncle Sam ever cooked up—laws so bizarre, you'll think the Constitution was ghostwritten by Dr. Seuss.From banned bags of unicorn meat (yes, really) to limiting bingo games for the elderly, pickle regulations, and the horror of owning more than six dildos in Texas (we don't kink shame, but apparently lawmakers do)—we're counting down the wackiest, weirdest things outlawed across the land of the free and the home of the what-the-actual-hell.Is it a public safety measure or a nationwide prank that just got out of hand? Can Conspiracy Bot legally podcast in 12 states or is his AI butt technically contraband?Tune in for a ridiculous romp through red tape, courtroom chaos, and laws that sound like they came straight from a Mad Libs legal pad. It's all 100% real, 100% weird, and 1000% America.Links & Resources

In this episode, the boys roll out the red carpet for Ankit Kalda, a finance brainiac from Indiana University's Kelley School of Business. They dive into the gig economy's role as a financial lifeboat for laid-off workers, tossing around ideas like Uber drivers dodging debt faster than a bad Tinder date. The crew chews over how gig work reshapes the workforce, with HR folks scrambling to keep up like over-caffeinated squirrels. They also poke at the headaches gig platforms face—think regulatory red tape and automation like Tesla's robotaxis stealing the wheel. Plus, they riff on Uncle Sam's snooping into gig earnings, what Gen Z expects from this hustle-heavy world, and whether the gig economy's future is a shiny utopia or a dystopian dumpster fire. It's a wild ride through jobs, bots, and government plots! Chapters 00:00 - Introduction to the Gig Economy and Its Implications 02:22 - Understanding the Gig Economy as a Buffer 05:04 - The Impact of Gig Work on the Workforce 09:29 - Government Tracking of Gig Work 12:21 - Challenges Faced by Gig Platforms 14:40 - Temporary Solutions vs. Long-Term Viability 17:22 - Expectations of the Next Generation 20:44 - The Role of Regulation in Gig Work 25:11 - Healthcare and Long-Term Costs 28:49 - Future Outlook on the Gig Economy

Book a call with Grant's team: https://abundantx.com. Fill out the contact form to see how Abundant X can help you! -- Are you making money but still getting slammed by the IRS? This episode is your crash course in keeping more of what you earn — legally. I sat down with Grant Newell, founder of Abundant X, to uncover how personal brands and entrepreneurs are writing off travel, luxury cars, meals, even their homes — and doing it all by the book. We get into the real structure behind personal brand tax planning, why leasing a car could be smarter than buying, how to turn your kid's footprint into a business expense (yes, really), and what most accountants won't tell you about entity structuring. Whether you're running an event-driven business, building your content brand, or flipping homes — this episode is packed with tactical strategies to save you 5 to 6 figures on taxes. If you're not documenting, structuring, and planning properly, you're donating cash to Uncle Sam. Don't let that happen. -- About Grant Newell Grant Newell is the founder of Abundant X, a strategic tax planning and accounting firm that helps personal brands, entrepreneurs, and multi-business owners keep more of what they earn. Known for finding legal, creative, and aggressive tax-saving strategies, Grant specializes in entity structuring, tax mitigation, and positioning personal brands to turn everyday expenses into legitimate business write-offs. Connect with Grant Instagram: @grantgnewell Website: https://abundantx.com LinkedIn: Grant G Newell TikTok: @grantgnewell -- -- About Justin: After investing in real estate for over 18 years and almost 3000 deals done, Justin has created a business that generates 7 figures in active income through wholesaling and fix and flipping as well as accumulating millions of dollars of rental properties including 5 apartment buildings, 50+ single family homes, and 1 storage facility Justins longevity in real estate is due to his ability to look around the corners, adapt to changing markets, perfecting Raising private capital, and focusing on lead generation which allows him to not just wholesale and fix & flip, but also accumulate wealth through long term holds. His success in real estate led him to start The Entrepreneur DNA podcast and The Science Of Flipping podcast and education company, and REI LIVE where he's actively doing deals with members. He has coached and mentored thousands of aspiring and active investors over the last decade. Connect with Justin: Instagram: @thejustincolby YouTube: Justin Colby TikTok: @justincolbytsof LinkedIn: Justin Colby    

Ducks, Dabs, and Questionable Decisions This week on The Circle, we mourn not having Stoney on and recap Freedumb Fest 2025—where the weed was fire, the ducks were fertilizing, and someone definitely dressed like Uncle Sam on acid. Plus, reviews on the Night Owl Hippie Slayer x Durban Poison photoperiod cross that'll slap you behind the eyes and glue you to the couch.Also: humidity struggles, moldy basements, and a heartwarming shoutout to the friend we all miss (Stoney ). Grow nerds, here's your hit:- Why ducks and duck pond water might be the ultimate closed loop for your garden- One guy dumped a plant in literal duck poop water—and the plant loved it- Chaos garden update: 20 seeds in, 4 survived, and one grew taller than the grower- Can autoflowers be terp monsters? Spoiler: yes- Tangy plants pollinated themselves during a neglect session. Nature finds a way. Always consider the source. Discord: https://discord.com/invite/youraveragegrow SpotifyShow: https://open.spotify.com/show/4TH1tL5...  YouTubeChannel: https://www.youtube.com/@youraveragegrow

Nick and Kyle recap the week in Heathcliff! We also discuss beaches, hot dog history and George Carlin! Plus the debut of our new segment, Meat It or Beat It! Send us feedback on twitter @HeathcliffRecap or send us an email at HeathcliffRecap@gmail.com! Our theme song is Heathcliff's Meat Song by Louie Zong! Check him out at louiezong.com. Comics featured in the episode: July 3, 2025: https://www.gocomics.com/heathcliff/2025/07/03 July 4, 2025: https://www.gocomics.com/heathcliff/2025/07/04 July 5, 2025: https://www.gocomics.com/heathcliff/2025/07/05 July 7, 2025: https://www.gocomics.com/heathcliff/2025/07/07

Oy oy! In the spirit of Summer, we're heading to the land (where it's actually Winter) of sunbleached sand and murderous flora-fauna as we dig into our new theme “I Left My Heart in the Yabba” – Australian Horror! The Aussies have left a big mark on our souls already but we're diving deep and hopefully picking some new, possibly forgotten, even more possibly super f*cked up classics, starting with ALISON'S BIRTHDAY! Along the way we discuss Dinos and Fourth of July rewatches!   Go to patreon.com/SHUDcast where you can sign up for all kinds of extra goodies! 00:00 - 14:30ish - Intros: Confused music fans, gifts from Patrons   14:30ish - 56:00ish - The other stuff we watched this time!   Cody - Salem's Lot (2024), The Return of the Living Dead, Friendship, Megan 2.0, Cthulhu Mansion, Night Killer, F1, Auntie Lee's Meat Pies, Uncle Sam, Monster Squad, The Shallows, Independence Day: Resurgence, Nope, Signs, War of the Worlds, Jurassic World: Rebirth   Lucas - F1, Jurassic World: Rebirth, Now You See Me, Now You See Me 2,    Curtis - Megan 2.0, F1, Uncle Sam, Jurassic World: Rebirth, Trainspotting, Blow Out   56:00ish - 1:25:30ish - ALISON'S BIRTHDAY - SHUDdown and discussion!   1:25:30ish - End - The next movie in “I left my heart in the Yabba!” - Australian Horror! Presented by Austin!

Send us a textIn this heartfelt conversation, Sam Byler dons his patriotic Uncle Sam attire as he and Shannon Latham discuss the monumental hurricane relief efforts that have occupied the shed industry for the past nine months. What began as an emergency response to Hurricane Helene has evolved into a remarkable story of American generosity and cooperation across political and geographical boundaries.Sam shares the extraordinary journey of coordinating hundreds of shed donations from companies throughout the country, with deliveries spanning from North Carolina to Florida. "The people from the shed industry alone is in the hundreds—different dealers, rent-to-own companies, manufacturers, haulers, you name it," Sam reflects, still amazed at the scope of participation. Most touching are his stories of the "little people" whose small but consistent donations formed the backbone of the effort, alongside anonymous companies who donated generously without seeking recognition.The conversation takes a thoughtful turn as both hosts explore the tension between sharing good deeds and appearing self-promotional. They grapple with biblical principles around giving, concluding that sharing stories of generosity can inspire others when the motive is pure. "Your story is important to other people," Shannon emphasizes, encouraging listeners to share their experiences on future podcast episodes.Their discussion deepens further when examining how disaster relief became an unexpected form of ministry. "We can become so polarized in what we think is the right thing to do that we totally miss what should be done," Sam observes, noting how they essentially "took church to people" who couldn't attend traditional services. This sparks Shannon to share his vision for "Church of Pod," a potential new podcast ministry reaching people outside traditional church settings.As the relief efforts conclude with a final push and celebrations on July 4th, both men reflect on how this experience has transformed the shed industry, creating lifelong friendships and demonstrating the power of practical compassion. Their conversation reminds us that when Americans set aside differences and work together, extraordinary things happen through ordinary people.For more information or to know more about the Shed Geek Podcast visit us at our website.Follow us on Twitter, Instagram, Facebook, or YouTube at the handle @shedgeekpodcast.To be a guest on the Shed Geek Podcast visit our website and fill out the "Contact Us" form.To suggest show topics or ask questions you want answered email us at info@shedgeek.com.This episodes Sponsors:Studio Sponsor: Shed ProShed ChallengerCardinal LeasingCardinal Manufacturing

What if you did everything “right” in retirement, but were still left surprised? That's exactly what happened to Fritz Gilbert, one of our favorite past podcast guests. In this episode, we unpack his recent article, “My Biggest Surprise in Retirement,” and explore why his carefully planned Roth conversions didn't make the impact he expected. This conversation is for anyone who wants to stay in the driver's seat—no surprises, no backseat driving from Uncle Sam—just thoughtful, purpose-driven planning.  In this episode, we discuss:  Why Roth conversions may not reduce your tax-deferred balance as expected Why waiting until retirement to convert might be too late Strategic conversions = lower RMDs, Medicare premiums, and taxes for heirs The ripple effects of taxes: Medicare IRMAA, Social Security, legacy Today's article is from The Retirement Manifesto blog titled, My Biggest Surprise in Retirement. Listen in as Founder and CEO of Howard Bailey Financial, Casey Weade, breaks down the article and provides thoughtful insights and advice on how it applies to your unique financial situation. Show Notes: HowardBailey.com/508

This is the story of interwar preparation–not that the United States realized it was preparing for World War II, new technologies, innovation, and a constant pushing of the limits in the 1930s did indeed help Uncle Sam prepare for the fight to come. To get us into an interwar mindset of praying for peace while preparing for war, Professor Jackson tells us the tale of the B-17 bomber and is then joined by GEN James E. Rainey, Commanding General, U.S. Army Futures Command, to discuss how the current day Army thinks about history to prepare for the future. In this informative conversation, GEN Rainey talks about the lessons, leaders, and innovations from the Army's 250 years of service to the nation that can inform and inspire officers, soldiers, and leaders of all vocations to meet the missions of tomorrow. General James E. Rainey is the Commanding General Commander, Army Futures Command (AFC). Headquartered in Austin, Texas, AFC is the Army's newest major command, responsible for transforming the Army to ensure war-winning future readiness, employing 30,000 Soldiers and Civilians at 128 locations worldwide. In his previous position, General Rainey served at the Pentagon, where he oversaw the Army's operations and plans. General Rainey commissioned as an infantry lieutenant upon graduating from Eastern Kentucky University in 1987. He has commanded at every level from platoon to division and has served in numerous combat deployments in both Iraq and Afghanistan. He earned a master's degree in advanced military arts and science from the School of Advanced Military Studies and another in Public Administration from Troy University. He also completed a Senior Service Fellowship at the University of Denver's Korbel School of International Relations.  Disclosure: HTDS has not paid nor received any remuneration for this episode from the US Army or any other government agency. The opinions of the guest are his own and do not represent the opinions of Professor Jackson or HTDS. We are grateful to the many soldiers who have served our nation throughout history, and proud to bring discussions like this to the public in the spirit of education and access to the leaders in whom We the People place our trust. Books referenced in the interview: The official US Army field manual number one, “A Primer to our Profession of Arms” Freedom's Forge: How American Business Produced Victory in World War II by Arthur Herman Prodigal Soldiers: How the Generation of Officers Born of Vietnam Revolutionized the American Style of War by James Kitfield Real Soldiering: The US Army in the Aftermath of War, 1815-1980 by Brian McAllister Linn America's First Battles, 1776-1965 by Charles E. Heller (Editor), William A. Stofft (Editor) General Fox Conner: Pershing's Chief of Operations and Eisenhower's Mentor (Leadership in Action) by Steven Rabalais  Connect with us on HTDSpodcast.com and go deep into episode bibliographies and book recommendations join discussions in our Facebook community get news and discounts from The HTDS Gazette  come see a live show get HTDS merch or become an HTDS premium member for bonus episodes and other perks. HTDS is part of Audacy media network. Interested in advertising on the History That Doesn't Suck? Contact Audacyinc.com To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

I feel like a lot of people expect propaganda to be on the nose. War posters, Uncle Sam pointing directly at you to recruit you for the war or directly glorifying it. But I am starting to notice how propaganda is becoming more and more insidious and targeted and effective. In an episode a long time ago, I remember talking about the concept of Dialectical thinking, which refers to the ability to hold space for multiple, contradictory truths at once. The ability to use multiple truths and perspectives to arrive at a more comprehensive understanding of things. But it is work. It may feel more intuitive for some people, but as I have come to realize, holding space for nuance and complexity in understanding something, is not a task every person is capable of doing.So, if we're talking about propaganda, and we are at the baseline of understanding that everything is political, I think it's important to call out that this means propaganda is in EVERYTHING we consume, whether it's in support of an ideology or a religion or control, it's it is rarely obvious and typically buried in things we love for other reasons. SOURCES:Who's afraid of socialism? https://ips-dc.org/whos-afraid-of-socialism/What is democratic socialism + critiques: https://socialstudieshelp.com/economics/what-is-democratic-socialism-key-features-and-criticisms/Communism vs. Socialism https://www.investopedia.com/ask/answers/100214/what-difference-between-communism-and-socialism.aspThe DSA's “What is Democratic Socialism?” https://www.dsausa.org/about-us/what-is-democratic-socialism/Resources for Resisting a Coup: https://makeyourdamnbed.medium.com/practical-guides-to-resisting-a-coup-b44571b9ad66SUPPORT Julie (and the show!): https://supporter.acast.com/make-your-damn-bedDONATE to the Palestinian Children's Relief Fund: www.pcrf.netGET AN OCCASIONAL PERSONAL EMAIL FROM ME: www.makeyourdamnbedpodcast.comTUNE IN ON INSTAGRAM FOR COOL CONTENT: www.instagram.com/mydbpodcastOR BE A REAL GEM + TUNE IN ON PATREON: www.patreon.com/MYDBpodcastOR WATCH ON YOUTUBE: www.youtube.com/juliemerica The opinions expressed by Julie Merica and Make Your Damn Bed Podcast are intended for entertainment purposes only. Make Your Damn Bed podcast is not intended or implied to be a substitute for professional medical advice, diagnosis or treatment. Support this show http://supporter.acast.com/make-your-damn-bed. Hosted on Acast. See acast.com/privacy for more information.