Oct 12, 2021
Over the last few years, you’ve probably heard all about how tax planning can benefit the ultra-wealthy. What you might not know is that even if you’re not a multimillionaire, if you’ve been accumulating any kind of wealth and are gearing up to retire in the next several years, there are many ways that the right financial and tax plans can also help you.
To discuss this, I’m thrilled to bring back JoAnn Huber, CPA and Certified Financial Planner. We dig into the breakneck pace at which Congress is introducing new tax legislation, why tax planning and financial planning go hand in hand, and the significant opportunities available to every American to take home more of their hard-earned money.
In this podcast interview, you’ll learn:
- Why new tax legislation makes people anxious–and why not taking action is never the right move.
- Where a strong financial plan fits in your tax plan.
The difference between goals-based and outcome-based plans. - How to create a tax plan that can be easily adjusted when the tax code changes.
- Why one couple lost $7,000 a year because their financial advisor and CPA didn’t communicate–and why this is so common.
- Why people are worried about changes to the capital gains tax laws.
Get Today's Show Notes
To get a full recap of today's conversation, including the biggest takeaways, transcripts, and links to all the resources mentioned, visit GuidedRetirementShow.com/52
Learn More about Retirement Planning
Find out more about retirement planning and Barber Financial Group, by visiting BarberFinancialGroup.com