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Wealth BreakdownWB 11 How One Software Business Saved $150K+ in Taxes with C Corp & QSBS StrategyIn this episode, we break down a real-world case study showing how a high-growth software implementation company saved over $150,000 in income taxes in just one year—and is on track to save hundreds of thousands more in the future. We explore how combining a C Corporation structure with the Qualified Small Business Stock (QSBS) strategy can unlock powerful tax savings and create a tax-free exit opportunity for business owners. If you're generating strong profits, reinvesting in growth, or thinking about selling your business down the line, this episode is a must-listen. 🔑 Key Takeaways: 2025-05-1312 minWealth BreakdownWB10 How Business Owners Can Legally Pay Their Kids and Build Tax-Free WealthIn this episode of Wealth Breakdown, we explore a powerful yet often overlooked strategy that allows business owners to legally pay their children, reduce their own taxable income, and build tax-free wealth for their kids. We break down a real-life case study featuring Jim, a business owner who pays his 12-year-old twins to do legitimate work in his company. This simple move could result in over $2 million in tax-free retirement savings for each child, thanks to Roth IRAs and the power of compound growth. Whether you're a small business owner, entrepreneur, or financial advisor, this...2025-04-1107 minWealth BreakdownBloomwood Guide: QTIP Trusts Unraveled - Wealth, Tax, and Family SecretsDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-03-3115 minWealth BreakdownBloomwood Guide: Two-Year Installment SaleDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-03-2014 minWealth BreakdownBloomwood Guide: Creating Massive Wealth by Paying Your Kids to do Real WorkDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-03-1118 minWealth BreakdownBloomwood Guide: Get Organized - The Onboarding Process So Good, We Get Paid For ItDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-03-1110 minWealth BreakdownWB9 Tax Bracket ManagementIn this episode, we take a deep dive into tax bracket management for 2024 and explore how you can legally minimize your tax burden. We break down key strategies like income smoothing, Roth IRA conversions, tax deferral, and capital loss harvesting—giving you the tools to make smarter financial decisions. Whether you're planning for retirement, investing, or just looking to keep more of your hard-earned money, this episode is packed with actionable insights! 🔑 Key Takeaways: The basics of tax bracket management and how to navigate different income tax brackets How to leverage income smoothing to minimize taxes over...2025-03-0814 minWealth BreakdownWB8 What is the difference between an LLC and an LLC S-Corp?orp?Choosing the right business structure is a crucial decision for entrepreneurs. In this episode, we break down the key differences between LLCs and S Corps, covering liability protection, taxation, ownership rules, and compliance requirements. Whether you’re a small business owner, freelancer, or startup founder, this episode will help you determine which structure best fits your needs. 🔑 Key Takeaways: The advantages and disadvantages of LLCs and S Corps How taxation differs between these business structures Ownership restrictions and compliance requirements When to choose an LLC vs. an S Corp for your business How to convert an LLC t...2025-03-0819 minWealth BreakdownBloomwood Guide: Beneficiary Defective Inheritor Trust (BDIT) - Minimize Estate Tax, Maximize ControlDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-03-0721 minWealth BreakdownBloomwood Guide: Defined Benefit Plans, Increased Contribution Limits, Tax Deferred WealthDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-03-0715 minWealth BreakdownBloomwood Guide: The Augusta Rule - Tax Free Income for Holding Events at Your HomeDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-03-0723 minWealth BreakdownBloomwood Guide: Income Shifting for S-Corps, Trust as ShareholderDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-03-0714 minWealth BreakdownBloomwood Guide: Tax-Deferred-Nonqualified-Annuities, Income Smoothing, Tax Bracket ManagementDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-03-0718 minWealth BreakdownBloomwood Guide: Charitable Remainder Trust w/ Net Income Makeup Provision (NIMCRUT)Disclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-03-0718 minWealth BreakdownBloomwood Guide: Oil and Gas Investments, Tax Advantages and StrategiesDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-03-0722 minWealth BreakdownBloomwood Guide: Income Shifting with Charitable Remainder TrustsDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-03-0712 minWealth BreakdownBloomwood Guide: Family Limited Partnerships, Wealth Transfer and Tax BenefitsDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-03-0718 minWealth BreakdownBloomwood Guide: Intra-Family Loans - Tax-Free Wealth Transfer StrategiesDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-03-0712 minWealth BreakdownBloomwood Guide: Captive Insurance Benefits and Tax Advantages for BusinessesDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-03-0719 minWealth BreakdownBloomwood Guide: Intentionally Defective Grantor Trust IDGT Sales Benefits and MechanicsDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-03-0713 minWealth BreakdownBloomwood Guide: Inter Vivos Charitable Lead Annuity Trust StrategiesDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-03-0716 minWealth BreakdownBloomwood Guide: Domestic Asset Protection TrustsDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-03-0718 minWealth BreakdownBloomwood Guide: Spousal Lifetime/Limited Access TrustsDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-03-0711 minWealth BreakdownBloomwood Guide: IRC Section 199A Deduction, Aggregating Trades or BusinessesDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-03-0720 minWealth BreakdownBloomwood Guide: Estate Tax Exemption, Portability Planning and ConsiderationsDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-03-0713 minWealth BreakdownBloomwood Guide: Grouping Business Activities, Material Participation, and NIIT AvoidanceDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-03-0718 minWealth BreakdownBloomwood Guide: IRA Beneficiary Designations - Trusts QTIPs and Planning StrategiesDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-03-0723 minWealth BreakdownBloomwood Guide: Grantor Retained Annuity Trust (GRAT) PlanningDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-03-0716 minWealth BreakdownBloomwood Guide: IDGT Sale with Self-Cancelling Installment NoteDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-03-0722 minWealth BreakdownBloomwood Guide: Non Qualified Stock Options Exercise Timing Tax Implications and Financial BenefitsDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-03-0715 minWealth BreakdownBloomwood Guide: Dynasty Trusts - Gift Tax and Wealth Accumulation StrategiesDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-03-0717 minWealth BreakdownBloomwood Guide: Cost Segregation - Maximizing Depreciation and Tax SavingsDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-03-0716 minWealth BreakdownBloomwood Guide: Non-Spousal Inherited IRA Planning Tactics After the SECURE ActDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-03-0732 minWealth BreakdownBloomwood Guide: Tax-Aware Investing Maximizing After-Tax Investment ReturnsDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-03-0715 minWealth BreakdownBloomwood Guide: Incomplete Gift Non-Grantor TrustsDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-03-0712 minWealth BreakdownBloomwood Guide: Trust Decanting - Amending Irrevocable TrustsDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-03-0722 minWealth BreakdownBloomwood Guide - Roth ConversionsDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-03-0514 minWealth BreakdownBloomwood Guide - When does it make sense to convert an LLC or S-Corp to a C-Corp?Disclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-03-0513 minWealth BreakdownBloomwood Guide - Reducing Capital Gains Tax w/ a Charitable Remainder TrustDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-03-0511 minWealth BreakdownBloomwood Guide - Donor Advised FundsDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-03-0413 minWealth BreakdownBloomwood Guide - Installment Sale Strategy for Marketable Securities and Private AssetsDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-02-2510 minWealth BreakdownBloomwood Guide - Direct IndexingDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-02-2412 minWealth BreakdownBloomwood Guide - Tax Loss/Gain HarvestingDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-02-2417 minWealth BreakdownBloomwood Guide - Peter Thiel RothDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-02-2414 minWealth BreakdownBloomwood Guide - Qualified Opportunity ZonesDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-02-2413 minWealth BreakdownBloomwood Guide - Maximizing Capital Gains Exemptions with Qualified Small Business StockDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-02-2313 minWealth BreakdownBloomwood Guide - Re-Domiciling to Reduce Tax LiabilityDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-02-2348 minWealth BreakdownBloomwood Guide - Super Funding 529s for Massive Wealth CreationDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-02-2319 minWealth BreakdownBloomwood Guide - Backdoor RothDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-02-2311 minWealth BreakdownBloomwood Guide - Goals Based InvestingDisclosures Bloomwood does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant. For additional information about Bloomwood, please request our...2025-02-2323 minWealth BreakdownBloomwood Guide - Interviewing a Financial Advisor as a Business Ownerhttps://www.bloomwoodcapital.com/smdisclosures2025-02-2311 minWealth BreakdownWB7 Roth Conversion for Business Owner Results in Multi-Generational WealthIn this episode of the World Breakdown Podcast, we dive into a real-life case study that demonstrates the power of a Roth conversion in creating multi-generational wealth. We explore how a 55-year-old business owner leveraged $400,000 in carry-forward losses to execute a tax-free Roth conversion, saving $126,000 in taxes and positioning his investments to grow to $8M–$18M over time! 🔑 Key Takeaways: Traditional IRA vs. Roth IRA – Understanding the key differences The Roth Conversion Strategy – How to leverage carry-forward losses for tax-free growth The Power of Tax-Free Compounding – How small moves today can create massive long-term wealth Long-Term Financial I...2025-02-1111 minWealth BreakdownWB6 DSTs vs. Traditional 1031 ExchangesEver wanted to own a piece of a skyscraper or a massive shopping mall? With Delaware Statutory Trusts (DSTs), you can invest in institutional-grade real estate without the hassle of direct ownership. In this episode, we take a deep dive into DSTs—what they are, how they work, and why they’re becoming a popular choice for passive real estate investors. 🔑 Key Takeaways: What is a DST? – How it allows fractional ownership of commercial properties. How DSTs Work – Understanding the legal structure, sponsors, and investor roles. Tax Benefits – 1031 exchange advantages, depreciation deductions, and tax efficiency. Who Should Invest...2025-02-1118 minWealth BreakdownWB Special Stop Paying a Premium for Terrible Investment ManagementAre you overpaying your financial advisor? In this episode, Billy Amberg exposes the 1% wealth management fee trap and explains how you can grow your wealth smarter, reduce unnecessary fees, and maximize your after-tax income. Whether you're just starting your investment journey or managing significant wealth, this episode will help you take control of your financial future. 🔑 Key Takeaways: Why 1% investment management fees may not be worth it The Three Buckets Approach – A smarter way to structure your investments How passive investing can outperform active management Why most financial advisors don’t beat the market How to ensure...2025-02-0318 minWealth BreakdownWB5 Riding the Quantum Computing Wave AI and the Future of Business In this episode, we take a deep dive into the fascinating worlds of quantum computing and artificial intelligence (AI)—two technologies that are reshaping industries and redefining possibilities. Join us as we explore their potential, challenges, and the groundbreaking innovations driving their evolution. Key Topics Covered: The Basics of Quantum Computing and AI Learn how quantum computers use superposition and entanglement to solve complex problems faster than classical computers and how AI is transforming industries with machine learning and deep learning. Challenges in Quantum Computing Understand the hurdles in building stable quantum computers and the im...2025-01-2332 minWealth BreakdownWB4 Quantum Computing Investment LandscapeIn this episode, we delve into the fascinating intersection of AI and quantum computing and their transformative potential across industries. From finance and healthcare to telecommunications and defense, these technologies are revolutionizing how businesses operate and innovate. Join us as we uncover the latest breakthroughs, explore the challenges of democratizing these tools, and spotlight the key players driving these advancements. Key Takeaways: How quantum computing is solving complex problems faster than ever. The role of AI in enhancing decision-making and operational efficiency. Insights into major players like IBM, Google, and Microsoft, as well as disruptors such a...2025-01-1721 minWealth BreakdownWB3 Roth ConversionsIn this episode of the Wealth Breakdown Podcast, we explore a real-world case study on Roth IRA conversions to help you understand when and why they make sense. Learn how Roth conversions can lower long-term taxes, maximize estate planning benefits, and help you avoid the 3.8% Net Investment Income Tax (NIIT). We break down key strategies, including tax bracket management, income smoothing, and leveraging outside funds to pay conversion taxes. Whether you're a taxpayer, business owner, or financial professional, this episode will guide you through the factors to consider for a successful Roth IRA conversion. 🔑 Key Tak...2024-12-1713 min
Wealth BreakdownWealth Breakdown 2: Buying Tax CreditsIn 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...2024-12-0306 minWealth BreakdownWealth Breakdown 1: Vistage Chair Saves $30,000 on His Tax BillWelcome to The Wealth Breakdown Podcast, where financial insights meet practical case studies! Join host Billy Amberg as he explores real-life tax-saving strategies that boost after-tax income and build wealth. Each episode features a deep dive into strategies that you can apply with your financial and legal advisors to transform your financial picture. In this episode, meet "Fred," a Vistage Chair from Georgia with a $350,000 annual income, who faces quarterly tax shocks and is eager for better tax efficiency. Follow along as Billy and his team help Fred optimize his tax strategy through actionable steps, including: 2024-11-0719 min