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The Stacking Benjamins Show

Let's Save a Bundle on Taxes (with Hannah Cole) - SB1532

The Stacking Benjamins Show

Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP

Education, Business, Money, Investing, Financial Planning, Cfp, Personal Finance, Retirement

4.42K Ratings

🗓️ 17 June 2024

⏱️ 77 minutes

🧾️ Download transcript

Summary

Tax planning in June? Of course! Why would you wait until next year, when you can't make ANY financial moves that save you money, to start figuring out how to cut your tax bill? Right now, at nearly the halfway point of the year, we'll dive into how to understand your taxes and make cuts with our tax planning mentor, Hannah Cole. Hannah will walk us through tax savings ideas for everyone, and then we'll focus on those people who have either started a side hustle or who are entrepreneurs and share some great tips for business owners. Even if you're just dreaming about having a business or "working for the man," we've got you covered. Plus, in our headline segment, two brothers woke up one day this spring and found themselves disinherited, losing out on approximately one million dollars! How did that happen? It could have all been avoided, and YOU can avoid this problem too. We'll walk you through HOW to make sure your beneficiaries receive the funds you've decided should go to them. We'll also explain how wills and trusts work, and get you started toward building a better "estate plan." Of course, Doug brings his awesome trivia challenge AND we answer a question from a Stacker in need. FULL SHOW NOTES: https://stackingbenjamins.com/tax-planning-year-round-1532 Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.stackingbenjamins.com/201 Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

This episode sponsored by State Farm.

0:02.0

You a small business owner looking for insurance that fits your needs and budget?

0:06.0

Well, look no further than State Farm.

0:08.0

State Farm agents are not just insurance providers,

0:11.0

they're also small business owners who live and work right here in your community.

0:16.0

They understand the unique challenges of running and protecting a small business.

0:19.7

When it comes to small business insurance, State Farm knows what it takes. Create a plan that

0:25.2

fits your needs and your budget. State Farm agents are ready to help you choose

0:28.8

personalized policies that truly understand your business.

0:33.4

Ensure your small business with a fellow small business owner.

0:36.4

Talk to a State Farm agent today and get started on personalized small business

0:40.0

insurance that fits your needs.

0:42.1

Like a good neighbor, State Farm is there. insurance that may be the fits your needs.

0:43.0

Like a good neighbor, State Farm is there.

0:45.0

Talk to your local agent today.

0:47.0

It is Monday and you know what the best way is to start your Monday?

0:51.0

That may be the, yes, if I weren't being sarcastic, absolutely.

0:59.2

But sadly, it's with a kitchen sink that won't drain because God knows.

1:05.0

That's always a fun way to spend the money.

1:07.2

Is that what you're dealing with right now?

1:08.7

Yeah, there's something.

1:10.0

Doug likes this motion too, but you take your plunger and you go up, up, up, down, up, up,

...

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