Trending
Do you find yourself tangled in tax season chaos every year? You’re not alone! Dive into this episode for a laugh and some clarity!
In this episode, Nicholas chats with his brother from another mother, Mark Carrison, a seasoned tax pro from Verdolino and Lowey. Prepare to unwind those tax-time worries and learn how to save the bucks you’ve been unknowingly sacrificing to Uncle Sam. Grab your headphones as Nick and Mark highlight common mistakes, from last-minute filing frenzies to the myths about tax refunds, and unravel how proactive planning can save you from pulling your hair out come March!
Mark and Nick discuss:
- (02:48) Top three tax mistakes – procrastination, reactive planning, and poor communication
- (06:36) Differences between tax deductions and credits and why mixing them up can cost you
- (13:26) The importance of building a team of trusted advisors for holistic financial well-being
- (21:59) Creative gifting strategies for leaving a meaningful legacy while optimizing your taxes
- (22:40) The value of real-time tax planning over delayed fixes and how “Google” isn’t your perfect tax advisor
- And more
Related: Maximize Charitable Giving: Unlocking the Power of Donor-Advised Funds with Courtney Tsai