Share
))
HBO and The Ringer's Bill Simmons hosts the most downloaded sports podcast of all time, with a rotating crew of celebrities, athletes, and media staples, as well as mainstays like Cousin Sal, Joe House, and a slew of other friends and family members who always happen to be suspiciously available.
…
continue reading
Manage episode 506893226 series 3410786
Content provided by Stoy Hall, CFP® and Stoy Hall. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Stoy Hall, CFP® and Stoy Hall or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
You want the truth about the One Big Beautiful Bill. Not headlines. Not wishful thinking. The real impact on your money and your business. That is what we cover today.
Morgan Anderson joins me to break down what changes now, what phases in next, and where the media is getting it wrong. We hit the mess around “no tax on tips” and why it is not the free pass people think it is. We talk expiring credits, retroactive tweaks, and why Q4 tax planning beats “see you in March” every single time.
If you own an S corp or LLC, pay attention. We talk practical realities for business owners, from what deductions still pass the laugh test to new wrinkles you have not heard about. We also dig into common mistakes with DIY tax software and why first-time accuracy is going to be shaky after a major code shift.
We close with a September checklist you can run this week. W-2s, use the IRS withholding calculator. Business owners, sit down with your CPA or EA and your advisor. Adjust estimates. Map Roth conversions, HSAs, 529s, and risk management moves that help you get ahead of what is coming.
Watch the full episode on YouTube: https://youtu.be/yp7ziDcCg0o
As always we ask you to comment, DM, whatever it takes to have a conversation to help you take the next step in your journey, reach out on any platform!
Twitter, FaceBook, Instagram, Tiktok, Linkedin
DISCLOSURE: Awards and rankings by third parties are not indicative of future performance or client investment success. Past performance does not guarantee future results. All investment strategies carry profit/loss potential and cannot eliminate investment risks. Information discussed may not reflect current positions/recommendations. While believed accurate, Black Mammoth does not guarantee information accuracy. This broadcast is not a solicitation for securities transactions or personalized investment advice. Tax/estate planning information is general - consult professionals for specific situations. Full disclosures at www.blackmammoth.com.
Chapters
1. Why Q4 tax planning actually matters (00:00:00)
2. Stop waiting until March and playing defense (00:02:00)
3. Key dates you cannot miss this fall (00:03:00)
4. Expiring credits and retro changes you need to manage (00:04:00)
5. The “laugh test” for deductions that won’t get you burned (00:07:00)
6. “No tax on tips” explained without the fairy tale (00:12:00)
7. Entity realities for owners, vehicles, and what still works (00:17:00)
8. DIY software traps after code changes (00:22:00)
9. Withholding vs estimates and how to fix numbers now (00:26:00)
10. How to choose and verify a real tax pro (00:31:00)
185 episodes
