Tag: Tax Season

How To Strategize Your Taxes For Maximum Benefit (Ep. 108)

How To Strategize Your Taxes For Maximum Benefit (Ep. 108)

When someone mentions “taxes” or “tax season”, it may cause you to tense up and feel a wave of stress. 

This usually happens when people aren’t confident in their tax strategies and worry they may be losing more money than they have to.

In this episode, Tim Scannell delves into the world of tax strategies and explores some practical tips and tricks for individuals and businesses to maximize their tax savings.

Tim discusses:

  • The difference between tax deferral and permanent tax savings
  • The pros and cons of tax deferral and how to know if it’s the right choice for you
  • Tax strategies for business owners and how to maximize the amount of hard-earned money you keep and reinvest in your business
  • Some recent tax policy changes and how to find out if they affect you or your business
  • And more

Resources: 

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Navigating The Dreaded Tax Season (Ep. 105)

Navigating The Dreaded Tax Season (Ep. 105)

There’s no escaping the dreaded tax season, so you might as well learn how to navigate it efficiently!

In this episode, Tim Scannell discusses some of the ways he helps people minimize their taxes during tax season. This includes tax loss harvesting, staying up to date with tax law changes, and so many more of Hightower’s wealth enhancement strategies!

Tim discusses:

  • How you can apply our wealth enhancement strategies during tax season
  • How to enhance your tax loss harvesting strategies
  • Transferring funds, real estate, and investments down to the next generation using current gift tax laws
  • Tax law changes coming or already in place for 2023
  • And more

Resources: 

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