Podchaser Logo
Home
Tax Smart Tax Zero

Karen Scott Mims, ESQ..

Tax Smart Tax Zero

A weekly Business, Management and Investing podcast
 1 person rated this podcast
Tax Smart Tax Zero

Karen Scott Mims, ESQ..

Tax Smart Tax Zero

Episodes
Tax Smart Tax Zero

Karen Scott Mims, ESQ..

Tax Smart Tax Zero

A weekly Business, Management and Investing podcast
 1 person rated this podcast
Rate Podcast

Best Episodes of Tax Smart Tax Zero

Mark All
Search Episodes...
In this episode we talk about the "dirty little secrets" of tax planning.We are in the remaining years of the Tax Cuts & Jobs Act, yet everyone seems to still focus on what they can't control (the stock market) and ignoring what they can contro
Do you represent Wall Street or Main Street? Or, are you just the "Mom & Pop" investor who doesn't go beyond mutual funds and has really just been living a 401(k) existence? In other words, have you just been financing Wall Street and the 1%?
You've just received great news about your bonus/settlement. The bad news is that it's taxable. How do you implement tax strategies to avoid being sent into a higher tax bracket? Average Joe and Jane have a issue to solve. We can help but le
So today, Congress just wrote another check for $900 billion in a bank account with no money. It's been pre-decided that collecting more taxation on your 401(k) during your lifetime and taxing your heirs before even a $1 gets transferred to the
Studies have shown that women will outlive their spouses. They will inevitably become the CFO (Chief Female Financial Officer) of the household. Thus, it would seem that relying on your husband to make health care decisions could be disastrous.
Both of these types of plans allow business owners to save for retirement in amounts far in excess of those for a regular W-2 employee. Imagine being able to shield 100% of income from taxation by combining them with other more sophisticated ta
Some benefits of the tax code are in sections you've never been exposed to or heard of. Others are hiding in plain view but require that the 99% view them or utilize them like the wealthy 1% do. If you're going to change your tax liability, you
It's time for some "Wealth, Women & Power". As women rightfully claim their roles as CFO (Chief Female Financial Officer), we provide the necessary educational and support group to help in understanding the ABC's of investing. Click the link be
With all of the options under the Tax Code for small business owners to minimize if not outright eliminate taxes, is being a W-2 employee really the ideal situation? If you choose to remain as a W-2 employee, at least you should make use of tho
Join us as we discuss the true issues about your portfolio that deserve attention. At what point do we realize that there are other, more valid, measuring criteria on our journey to "tax free" wealth?We cordially invite you to start your journe
In today's society, we've become accustomed to using Google maps to guide us safely to our destination. Yet, for the most important goal of going from money to wealth to 100% financial freedom, we lack a financial blueprint. Join us as we learn
In this episode, we explore the proposed increase in taxes under a Biden Tax Plan. Think the new 39.6% won't affect you if you earn less than $400,00? Think again and let's explore your options for a better solution and better outcome.We cordia
What's the difference between Tax Compliance vs. Tax Strategy? If your goal is a lower taxable income and thus lower or 0% taxation, shouldn't your focus go beyond just hiring someone to prepare and submit the 1040?We cordially invite you to st
For nearly 20 years, we have stressed the importance of incorporating Tax Planning and its benefits. Whether the outcome is a lower tax bracket, creating tax free wealth or simply structuring one's assets to achieve the bottom line of paying $0
In this episode, we discuss and provide examples of generational wealth. We explore some very interesting methods in which successive generations can benefit albeit while minimizing or eliminating the tax burden from the transfer of wealth.We c
Do I still pay social security payroll tax in retirement? Isn't my social security benefit free of taxation since I'm retired? Unfortunately, the answer is not an automatic yes, simply because you are retired. In this episode we explore the 3 l
Recent events of this year have caused many people to focus on market risk. There are 2 types systematic and unsystematic. Systematic risk cannot be eliminated through diversification.However, taxation risk is also a consideration which must be
What are the tax implications of your investment strategy as you prepare for the withdrawal phase of wealth?Let's start with understanding tax planning for your investment portfolio. Want to pay lower taxes?How about just learning how to reduce
The estate administration process is often long (9 months or more), tedious, and sometimes fraught with litigation. In this episode we review the 3 major strategies for avoiding probate. As always, tax deferred funds, whether in a 401(k) or tra
Average Joe is the new owner of an traditional IRA which he has just inherited from his Aunt. Unfortunately, as the owner of an "Inherited IRA" there are so many tax landmines which he must avoid, especially since he is a "non-spouse" beneficia
A Roth Conversion Ladder is typically utilized for those who seek to create and utilize tax free funds prior to turning age 59 1/2 while avoiding the penalty for early withdrawals.Performing mini-Roth Conversions over a 5 year period is also a
Medicare IRMAA is a surcharge paid when MAGI is beyond the "normal" level of acceptable retirement income. Just $1 additional dollar can send you off the cliff into a different bracket for premiums on Parts B and Part D.Learning how to restruct
Currently, inheriting real estate allows a step up in basis due to death.Is it wise to keep the rental properties, generate retirement income by this alternative asset class and worry about capital gains later?What if the step up in basis is ab
Leaving the "Wealth Accumulation" stage means realizing that perhaps you need to view your assets in a different way. After all, for the Wealth Preservation and Wealth Distribution stages, you may find that it's more important to maintain princ
Money and wealth are two entirely different things. What happens when your spouse has different ideas, thoughts and concepts about money? But what about if their lack of understanding about taxation causes real harm especially when you've partn
Rate

Join Podchaser to...

  • Rate podcasts and episodes
  • Follow podcasts and creators
  • Create podcast and episode lists
  • & much more

Unlock more with Podchaser Pro

  • Audience Insights
  • Contact Information
  • Demographics
  • Charts
  • Sponsor History
  • and More!
Pro Features