Retirement Tax Services Podcast

Steven is joined in this episode by the one and only Michael Kitces to talk about the progression of tax planning in a financial advisor's practice and how the industry as a whole is shifting to better incorporate taxes. They both share their perspective on how Advisors can make sure they are delivering true value and not just beating their clients over the head with volume. Steven and Michael also discuss how even though BDs seem to be getting on board with allowing tax planning there is still tremendous opportunity to set yourself apart with tax planning, if you are intentional. https://bit.ly/3MWNv6O

In a rare "in-person" interview Steven is joined by Financial Advisor Kyle Gabhart for a fun and informative discussion around tax planning. Kyle shares his favorite approach to talking tax planning using his Lego analogy (what tax nerd isn't going to love being able to include Legos in the discussion?). Steven and Kyle talk about best practices for communicating around taxes and then dive into specific tax strategies for business owners, which is Kyle's area of focus. https://bit.ly/47sYLzn

In this episode Steven is joined by Derek Mazzarella, CFP and the two share ideas on how to best articulate complex tax planning in a way that resonates with clients. Derek shares how he is already incorporating tax law changes that won't happen until 2026 into his planning with clients and why he is such a big fan of having analogies for everything he does (bonus: he shares several of his favorites). Steven and Derek also touch on the tax implications around equity compensation and the inevitability that spending and income will not be linear in retirement. https://bit.ly/47iqnHs

Life is full of the unexpected and while taxes won't be the first concern when unfortunate things happen, they can't be forgotten about. Steven is joined in this episode by Amy Irvine, a financial planner specializing (and certified) in divorce planning. Steven and Amy share pitfalls to avoid and ideas for navigating this complex area that blends technical tax with a very emotional life situation. Amy provides a great list of action items for any advisor who serves married clients (you might not want to be a divorce specialist but you will likely come across it at some point!). https://bit.ly/3MlcCj5  

Derek Pollard, content specialist for financial advisors, joins Steven to discuss how to write better on the topic of taxes. They emphasize the value of practice, building confidence, and embracing play in writing. They also discuss the challenges of simplifying complex tax topics and highlight the importance of gaining perspective and insight to improve the writing process. The guest offers services such as email marketing, copywriting, and editing for advisors.

Summary: Roth may feel like a topic that has been done to death but we still constantly get questions from taxpayers AND financial advisors so we are back at it again. Steven is joined this week by Jim Amerman, a CFP whose near sole focus is helping people get Roth conversions done. Recommendations on Roth of course have to be client specific but lately it feels like there is more misinformation than good content out there on Roth so don't stop helping your clients understand and execute on this valuable opportunity. https://bit.ly/3RSsfCp

In this podcast, Steven is joined by Kelly Rohrs, a CPA specialized in working with business owners. They discuss the Pass Through Entity (PTE) Tax and its importance for business owners. They also mention the impact of the salt limitation and the need for thoughtful entity selection. They address misinformation about PTE tax and emphasize the importance of seeking professional advice. The podcast concludes with a recap and a preview of future episodes for business owners.

Listen in as Steven interviews Roger Whitney, host of the Retirement Answer Man podcast. In addition to working with clients through his financial planning practice Roger runs the Rock Retirement Club providing resources and insight to over 1,100 consumers looking to go beyond DIY. Roger has a wealth of experience that he pulls from to share the hurdles that clients run into and how Advisors can help overcome. https://bit.ly/3ZCszHb

This week Steven is joined by Mike Jesowshek, host of the Small Business Tax Savings Podcast and it's one you won't want to miss. The internet is full of headlines on tax planning topics but far too often those headlines are not accompanied by the information you need to actually get things done. Of course we are all about implementation and taking action so Steven and Mike get into the details of what it actually takes to get the tax benefits of putting your own kids on the payroll. They also discuss a broader framework you can use as you talk to your clients about how to think about the expenses they put through their business. https://bit.ly/3tblKAs

One of the most common questions Steven gets is "what software tools can help me get tax planning done". In this week's episode Steven is joined by the Founder and CEO of FP Alpha, Andrew Altfest, to explore that question. Andrew is the President of his own RIA so everything FP Alpha does from a software standpoint is built on real world experience serving clients. Andrew shares what led him to create a software solution, how it has evolved and some of what is coming next. The audio and if you are a visual learner you'll have the chance to see a live demonstration of the FP Alpha platform at the RTS Tax Planning Summit September 27-29. https://bit.ly/3ZiU4FL