It is often said, “With more money, you have more problems.” This episode actually challenges this statement, from a tax perspective. Listen as The Huddle Guys discuss how current tax laws tend to favor the wealthy and are not designed for the wage worker. They talk about tax implications as it pertains to realized/unrealized gains and wealth transfers. In tandem, they also revisit the importance in making smart money moves and investing in working with the right CPA.
As a resource boost, check out this CNBC article which features our very own Eric Pierre:
https://www.cnbc.com/2021/05/19/president-biden-and-vp-harris-release-2020-tax-returns-what-we-learned.html There is a lot to absorb in the episode. Prepare to take notes. Lastly, how many podcasts have you listened to recently that have used the word, ‘loquacious?’
It’s time to huddle up!
