Steven is joined in this episode by a fellow CPA, Tyler Harris, who specializes in working with 8 and 9-figure entrepreneurs to help them not get killed on taxes. The pair discuss a few of the key things that you need to be aware of when it comes to taxes and real estate. You don't need to be an expert or commit the code to memory to help your clients, but you did need to know what to watch out for and the questions you should be asking. Listen to this in-depth conversation and learn some new things about how taxes work when it comes to real estate. https://bit.ly/3NE7NCQ

In this episode Matthew Jarvis rejoins the RTS podcast to talk about the new Bonus Edition of his book; Delivering Massive Value. Steven and Matthew share examples of how to effectively communicate with clients on complex topics and where the value in tax planning really comes from (hint: it's not finding the most obscure strategy ever devised. Listen to the end as Matt makes a special invitation for a bonus activity at the rapidly approaching 2023 RTS Tax Planning Summit. https://bit.ly/43CIQxb

Much like taxes, rules around student loans are complex and ever changing. Steven is joined by Fred Amrein, CEO and Founder of PayForEd, on this episode to discuss pending changes to student loan programs that are set to take effect later this year. Fred has been at the forefront of helping advisors and taxpayers with student loans for years and shares his expertise and insight on how this potentially confusing situation can become a value add for Advisors who get in front of it. https://bit.ly/3oqY5tA

The enrolled agent (EA) designation is one held by more than a few financial advisors and in this episode Steven interviews Zac Spainhour, an Advisor who has recently become an EA to discuss the designation and what it means for his clients. Zac shares his experience with actually getting the designation and what the process looked like but perhaps more importantly, Steven and Zac talk about how value really gets delivered and what any Advisor can do for their clients regardless of the acronyms after their name. https://bit.ly/3pPDW0B

In this episode Steven is joined by a tax-focused Financial Planner (and RTS Essentials Member), Randy Dippell, to talk about what tax planning in the real world can look like. In particular, Randy shares a recent example of how he helped a client save big on taxes by paying more on purpose. This client could have otherwise paid \$0 in taxes during the year but Randy was looking at the bigger picture and helped the client take advantage of a low-income year to strategically pay less in taxes over their lifetime, even if it meant paying a little more that specific year. https://bit.ly/3IELfyN

On this episode Steven is joined by the CEO of the company formerly known as Riskalyze. Having recently rebranded to Nitrogen Wealth, Aaron joins Steven to discuss the evolution of their platform and how taxes are now incorporated into how they help Advisors attract, serve and retain clients. Steven and Aaron discuss the potential traps of unexpected tax bills from an investment portfolio and how the Nitrogen platform can help Advisors better understand the tax drag of specific investments and portfolios. https://bit.ly/42Tb4Dm

Throwback to “Backdoor Roth and Cream In The Coffee” episode, in which Steven’s guest was advisor Matthew Jarvis of The Perfect IRA. In addition to running his own practice, he’s written a new book,Delivering Massive Value: The Financial Advisor's Guide to a Highly Profitable, Hyper-Efficient Practice. However, this episode’s topic is a combination of backdoor Roth contributions, IRS Form 8606, and the Pro Rata Rule. https://bit.ly/3O488zo

State income taxes receive little attention from the general public when compared with federal income taxes but they can make a big difference in how much you do or do not pay. How much you pay depends on where you live, work, own a home, and how much you earn per year. So, in this episode, I will be sharing some real-life issues and situations that my clients have faced when it comes to state income taxes and what mistakes to avoid in the future. https://bit.ly/411CtkX

Clear communication around the topic of tax refunds and payments with clients is essential whether you’re the one doing the tax preparation or you’re an advisor doing tax return reviews. So, how do you gauge how much information your client is truly understanding during your meetings? And how can you be certain that they are comfortable with the amount they’ve paid or have had refunded? The answer is simple; ask them. In this episode, I will be sharing how to have these types of conversations with your clients to ensure everyone is feeling confident and happy around tax season. We turned back to this episode to refresh our memories of Steven's explanation of what you can do for your clients if they want to have additional withholdings throughout the year in order to not have to pay such a large lump sum at tax time as well as what you need to know about penalties. You will learn the importance of avoiding the use of jargon when speaking with clients, the most common mistake made when it comes to withholdings and how to deliver massive value during tax season planning. https://bit.ly/3Ar187D

Throwback time: Our favorite episode from last year: "Tales from Tax Season" As this year's tax season is past us, let's remind ourselves of the most common questions that clients are bringing up and asking about taxes – especially during tax season. I share some of the most common questions and some stand-out issues from tax season. You will gain insight on how to handle certain questions and where you can be delivering value to clients as you discuss taxes.