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239. How can I reduce my current taxable income?
Manage episode 435017312 series 3322284
On this episode of A Wiser Retirement® Podcast, Casey Smith and Shawna Theriault, CFP®, CPA, CDFA®, explore strategies for reducing taxable income, such as deferred compensation plans, retirement contributions, and tax-loss harvesting. They highlight the importance of understanding the tax implications of various investments and caution against risky practices like creative accounting or intentional losses.
Podcast Episodes Referenced:
- Ep 229: How do I avoid capital gains tax?
YouTube Videos Referenced:
- Can a donor-advised fund reduce taxable income?
- How to Reduce Taxable Income as a Business Owner?
Learn More:
- About Wiser Wealth Management
- Schedule a Complimentary Consultation: Discover how we can help you achieve financial freedom.
- Access Our Free Guides: Gain valuable insights on building a financial legacy, the importance of a financial advisor for business owners, post-divorce financial planning, and more!
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This podcast was produced by Wiser Wealth Management. Thanks for listening!
Chapters
1. Growing Firm and Financial Advice Discussion (00:00:00)
2. Tax Reduction Strategies for W-2 Workers (00:11:59)
3. Tax Planning Strategies and Pitfalls (00:23:14)
280 episodes
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