Description

In this episode of the Wealth Breakdown podcast, host Billy Amberg shares a powerful strategy to reduce taxes using tax credits. Through the story of James, a business owner facing a $600,000 tax bill, we explore how purchasing tax credits helped him save over $56,000 and achieve a 4x return on investment.

💡 Key Topics Covered:

• What is tax planning and why it matters.
• The difference between tax credits and deductions.
• How to buy and sell tax credits for personal and business savings.
• A real-world example of tax planning success.
• Comprehensive financial planning benefits beyond tax savings.

🎯 Who Should Listen:

• Business owners looking to reduce tax liability.
• Individuals interested in tax-saving strategies.
• Financial planners and advisors seeking new insights.

Contact Us: https://www.bloomwoodcapital.com/contact

Wealth Breakdown Podcast - Apple: https://podcasts.apple.com/us/podcast/wealth-breakdown/id1778522619

Wealth Breakdown Podcast - Spotify: https://open.spotify.com/show/098AWkahqNVjjAm8Ya71bP?si=edb92b294886438a

Linkedin: https://www.linkedin.com/in/billy-amberg/

Facebook: https://www.facebook.com/profile.php?id=100069639591247

X: https://x.com/billzamberg

Youtube: https://www.youtube.com/@bloomwoodfp

Disclosures: https://www.bloomwoodcapital.com/smdisclosures