In this episode, Tom discusses the importance of early financial and tax planning as summer comes to an end. He emphasizes the need for proactive strategies to mitigate taxes and highlights common misconceptions about tax planning. The conversation covers various opportunities for business owners, investment strategies, charitable giving, and family legacy planning. Tune in to get insights into maximizing your financial potential.
Episode Highlights
01:14 - Tax planning awareness.
02:14 - The importance of early action.
02:56 - Capital gains tax lesson.
04:18 - Consulting professionals for tax strategy.
06:00 - Proactive vs. reactive tax approach.
11:09 - Misconception: Wealth and tax strategy.
13:54 - Real estate tax advantages.
14:44 - Charitable donation strategies.
18:00 - Avoiding tax procrastination.
20:09 - Taking ownership of financial life.
Episode Resources
Connect with Tom Suvansri
Call to Action
How to Listen:
Subscribe on Youtube
Listen on Spotify
