Jet Setting Wealth Advisory

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Welcome to Jet Setting Wealth Advisory, where your financial journey takes flight with David T. Yu. With over 20 years in financial services and as an active airline pilot, David, founder of DTY Wealth Planning Solutions, will be your financial co-pilot, navigating wealth and tax management in today's fast-paced complex and dynamic financial world. Jet Setting Wealth Advisory features gripping tales and expert insights for aviation aficionados and business enthusiasts alike. Each episode covers the challenges of wealth building, tax planning, and retirement preparation in this new global environment. Buckle up as David brings in aviation all-stars, including Aviation Medical Examiners, specialized CPAs, and Aviation & Tax Attorneys, sharing their personal and professional experiences. Jet Setting Wealth Advisory is more than a podcast; it’s an enlightening flight through the fiscal skies, blending personal stories with expert financial advice. Ready for takeoff? Join us on this enlightening voyage where financial empowerment soars beyond the clouds.

  1. Sep 29

    Episode 60: Navigating IRS Challenges: Tax Resolution Strategies for Business Owners

    Facing IRS problems can feel overwhelming, but having the right strategy can make all the difference. On the latest episode of Jet Setting Wealth Advisory, David T. Yu speaks with Hubert Johnson, tax attorney, lecturer, and founder of Guardian Tax Law, for an important conversation on IRS disputes, tax resolution, taxpayer rights, and protecting your financial future. Hubert shares his experience helping individuals and business owners navigate complex tax challenges, including IRS collections, SBA loan issues, tax liens, levies, offers in compromise, and proactive strategies to avoid costly mistakes. From understanding your options when facing tax debt to knowing when to seek professional guidance, this episode provides valuable insights into taking control of difficult tax situations. Key Takeaways: → Tax problems require proactive strategies, not waiting until the situation escalates → Understanding taxpayer rights can help level the playing field with the IRS → SBA loan defaults can create unexpected penalties and financial challenges → Offers in compromise, liens, and levies each require careful strategy → The right professional guidance can provide clarity and a path forward More from Hubert Johnson and Guardian Tax Law: Website: guardiantaxlaw.com LinkedIn: linkedin.com/in/hubert-johnson-5091653a Facebook: facebook.com/guardiantaxlaw Instagram: instagram.com/guardiantaxlaw Engage with David T. Yu: Connect on LinkedIn, Instagram, & Facebook Sign up for our newsletter or book a call Visit: DTY Wealth Planning Solutions

    Episode 60: Navigating IRS Challenges: Tax Resolution Strategies for Business Owners

  2. Aug 11

    Episode 58: Building Long-Term Value Through Better Decisions

    Are you building a business, or just building yourself a job? On this episode of Jet Setting Wealth Advisory, David T. Yu speaks with Kep Kepner, founder and managing partner of KepnerCPA, for a practical conversation on business advisory, strategic tax planning, exit planning, and building a company that creates long-term value. Drawing on decades of experience in sales, consulting, technology, and public accounting, Kep explains why business owners need more than compliance work and traditional tax preparation. From using financial numbers to make better decisions to creating systems, developing scalable teams, planning for exit, and strengthening the brain as a business tool, this episode highlights how entrepreneurs can move beyond owner dependence and build stronger, more valuable businesses. Key Takeaways: → Business owners need advisors who help them make better decisions, not just prepare tax returns → Scalable companies require systems, policies, and teams that reduce owner dependence → Financial numbers should guide business decisions, not just satisfy compliance → Exit planning is about value, purpose, and readiness, not just retirement → Brain performance, creativity, and decision-making are key tools for business growth More from Kep Kepner and KepnerCPA: Website: kepnercpa.com LinkedIn: linkedin.com/company/kepnercpa Facebook: facebook.com/KepnerCPA Instagram: instagram.com/kepnercpa Engage with David T. Yu: Connect on LinkedIn, Instagram, & Facebook Sign up for our newsletter or book a call Visit: DTY Wealth Planning Solutions

    Episode 58: Building Long-Term Value Through Better Decisions

  3. Aug 4

    Episode 57: Finding the Green Lights in the Tax Code

    Are you still managing taxes by looking backward? On the lastest Jet Setting Wealth Advisory, David T. Yu welcomes back Edward Lyon, tax attorney, speaker, consultant, and Chief Tax Planner at Excel Empire, for another sharp and practical conversation on proactive tax planning. Ed explains why the tax code should be viewed less like a list of restrictions and more like a roadmap filled with “green lights” that Congress intentionally created for business owners and high-income earners. From legal tax avoidance and entity structuring to advisor coordination, plain-English planning, and the difference between reactive preparation and proactive strategy, this episode challenges listeners to stop waiting until year-end and start making smarter tax decisions throughout the year. Key Takeaways: → The tax code contains incentives business owners often overlook → Tax planning is not about being aggressive; it is about being proactive → Many CPAs focus on tax preparation, not forward-looking tax mitigation → Plain-English planning helps business owners understand opportunities better than spreadsheets alone → Coordinated advisors can uncover strategies that siloed professionals often miss More from Edward Lyon: Website: ⁠excelempire.com⁠ Website: ⁠edwardalyon.com⁠ LinkedIn: ⁠linkedin.com/in/edward-lyon-7a9168⁠ Engage with David T. Yu: Connect on⁠ LinkedIn⁠,⁠ Instagram⁠, &⁠ Facebook⁠ Sign up for our⁠ newsletter⁠ or⁠ book a call⁠ Visit:⁠ DTY Wealth Planning Solutions

    Episode 57: Finding the Green Lights in the Tax Code

  4. Jul 21

    Episode 56: Cross-Border Tax Planning for Expats and Entrepreneurs

    Thinking about living, working, or doing business abroad? On this episode, David continues his conversation with Vincenzo Villamena, Founder and CEO of Online Taxman, for Part 2 of their discussion on international tax planning for Americans abroad. Vincenzo explains what U.S. citizens, entrepreneurs, expats, and global investors should consider before moving overseas, doing business internationally, or even renouncing U.S. citizenship. From coordinating U.S. and local tax rules to understanding exit tax, covered expatriate status, foreign earned income exclusions, and choosing the right international tax advisor, this episode offers practical guidance for making informed decisions in an increasingly connected world. Key Takeaways: → Cross-border tax planning should begin before moving or doing business abroad→ U.S. and local tax rules must be coordinated together→ Renouncing U.S. citizenship can trigger major tax and immigration consequences→ Exit tax may apply for covered expatriates with higher net worth→ International tax experience matters when choosing the right advisor More from Vincenzo Villamena and Online Taxman: Website: onlinetaxman.comLinkedIn: linkedin.com/in/vincenzo-villamenaFacebook: facebook.com/OnlineTaxmanInstagram: instagram.com/onlinetaxman Engage with David T. Yu: Connect on LinkedIn, Instagram, & Facebook Sign up for our newsletter or book a call Visit: DTY Wealth Planning Solutions Learn more about your ad choices. Visit megaphone.fm/adchoices

    Episode 56: Cross-Border Tax Planning for Expats and Entrepreneurs

  5. Jul 14

    Episode 55: How Expats Avoid Costly Tax Mistakes

    Living, working, or investing abroad and unsure what the IRS still expects from you? On this week's Jet Setting Wealth Advisory, David T. Yu speaks with Vincenzo Villamena, CPA, Founder and CEO of Online Taxman, for the first of a two-part conversation on U.S. tax planning for Americans abroad. Drawing on his experience as an expat and international tax advisor, Vincenzo explains why U.S. citizens and green card holders still have filing obligations regardless of where they live, along with the opportunities available to qualified taxpayers. From foreign earned income exclusions and state tax residency to foreign asset reporting and international business structures, this episode helps Americans abroad plan before they move, invest, or expand internationally. Key Takeaways: → U.S. citizens and green card holders still have U.S. tax filing obligations while abroad→ Qualified Americans living overseas may benefit from the foreign earned income exclusion→ Leaving a high-tax state requires careful residency and domicile planning→ Foreign bank accounts, entities, and financial assets may trigger additional reporting requirements→ Retirees, digital nomads, and entrepreneurs should coordinate U.S. and local tax rules before making a move More from Vincenzo Villamena and Online Taxman: Website: onlinetaxman.comLinkedIn: linkedin.com/in/vincenzo-villamenaFacebook: facebook.com/OnlineTaxmanInstagram: instagram.com/onlinetaxman Engage with David T. Yu: Connect on LinkedIn, Instagram, & Facebook Sign up for our newsletter or book a call Visit: DTY Wealth Planning Solutions Learn more about your ad choices. Visit megaphone.fm/adchoices

    Episode 55: How Expats Avoid Costly Tax Mistakes

  6. Jul 7

    Episode 54: Helping Older Adults Stay Financially Organized and Independent

    Want to make sure your family is prepared for the financial realities that come with aging? On the latest Jet Setting Wealth Advisory, David T. Yu speaks with Trina McWilliams, Founder of Trusted Direction and Americas Controller at Accenture I&CP, LLC, for a meaningful conversation on financial support for older adults and the families who care for them. Inspired by her own family’s experience, Trina explains how client accounting services can help people stay organized, pay bills on time, manage cash flow, protect their accounts, and retain independence as financial responsibilities become more difficult. From planning for the transition into retirement to organizing critical documents and establishing a power of attorney, this episode offers practical guidance for creating stability before a crisis. Key Takeaways: → Retirement planning should include a plan for managing finances later in life→ Organizing essential documents helps families act during an emergency→ A power of attorney can provide needed access when financial support is required→ Client accounting services can range from advice and budgeting to bill payment and reporting→ Trusted local support can reduce stress for older adults and long-distance family members More from Trina McWilliams: Website: trusteddirectionservices.com LinkedIn: linkedin.com/in/trina-mcwilliams-73575a179Facebook: facebook.com/accentureInstagram: instagram.com/accenture Engage with David T. Yu: Connect on LinkedIn, Instagram, & Facebook Sign up for our newsletter or book a call Visit: DTY Wealth Planning Solutions Learn more about your ad choices. Visit megaphone.fm/adchoices

    Episode 54: Helping Older Adults Stay Financially Organized and Independent

  7. Jun 30

    Episode 53: How 1031 Exchanges Preserve Wealth and Defer Taxes

    Want more flexibility when selling an investment property? On this episode of Jet Setting Wealth Advisory, David T. Yu speaks with Dave Foster, founder of The 1031 Investor and a qualified intermediary for 1031 exchanges, for a practical conversation on tax-efficient real estate investing. Dave shares how 1031 exchanges, Section 121 primary residence planning, partial exchanges, and Delaware statutory trusts can help investors defer capital gains taxes and reposition their portfolios with greater flexibility. As the author of Lifetime Tax-Free Wealth: The Real Estate Investor’s Guide to the 1031 Exchange, Dave explains why thoughtful planning must begin before a property is listed and how the right strategy can help investors preserve more capital for future opportunities. Key Takeaways: → Start planning before a property sale to meet 1031 deadlines→ A qualified intermediary is required to complete a 1031 exchange→ Section 121 and 1031 planning can work together in certain situations→ Partial exchanges can create flexibility while deferring part of the gain→ Replacement property must be investment real estate and meet reinvestment rules More from Dave Foster and The 1031 Investor:  Website: the1031investor.comLinkedIn: linkedin.com/in/davefoster1031Facebook: facebook.com/the1031investorYouTube: youtube.com/c/The1031Investor Engage with David T. Yu: Connect on LinkedIn, Instagram, & Facebook Sign up for our newsletter or book a call Visit: DTY Wealth Planning Solutions Learn more about your ad choices. Visit megaphone.fm/adchoices

    Episode 53: How 1031 Exchanges Preserve Wealth and Defer Taxes

  8. Jun 9

    Episode 52: Navigating Private Aircraft Ownership and Tax Compliance

    Want to understand the tax and compliance issues before buying an aircraft? On this episode of Jet Setting Wealth Advisory, David T. Yu speaks with Letisha Sailor, founder of AvTax Advisors, for a practical conversation on aviation tax law, aircraft ownership, FAA compliance, and IRS audit risk. With more than 20 years of experience in aviation tax and accounting, Letisha explains why aircraft ownership requires more than simply choosing the right plane. From structuring ownership correctly to documenting business use, managing state tax exposure, and preparing for potential audits, this episode highlights the importance of proactive planning before the purchase ever happens. Key Takeaways: → Aircraft ownership requires planning before purchase→ Tax deductions depend on proper documentation and business use→ Ownership structure must balance tax efficiency and FAA compliance→ State sales and use tax can create unexpected costs→ Proactive review can reduce audit risk and compliance issues More from Letisha Sailor and AvTax Advisors: Website: avtaxadvisors.comLinkedIn: linkedin.com/in/letishasailorInstagram: instagram.com/avtaxadvisors/?igsh=YzZlaTRremhhYzR1# Engage with David T. Yu: Connect on LinkedIn, Instagram, & Facebook Sign up for our newsletter or book a call! Visit: DTY Wealth Planning Solutions Learn more about your ad choices. Visit megaphone.fm/adchoices

    Episode 52: Navigating Private Aircraft Ownership and Tax Compliance
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Welcome to Jet Setting Wealth Advisory, where your financial journey takes flight with David T. Yu. With over 20 years in financial services and as an active airline pilot, David, founder of DTY Wealth Planning Solutions, will be your financial co-pilot, navigating wealth and tax management in today's fast-paced complex and dynamic financial world. Jet Setting Wealth Advisory features gripping tales and expert insights for aviation aficionados and business enthusiasts alike. Each episode covers the challenges of wealth building, tax planning, and retirement preparation in this new global environment. Buckle up as David brings in aviation all-stars, including Aviation Medical Examiners, specialized CPAs, and Aviation & Tax Attorneys, sharing their personal and professional experiences. Jet Setting Wealth Advisory is more than a podcast; it’s an enlightening flight through the fiscal skies, blending personal stories with expert financial advice. Ready for takeoff? Join us on this enlightening voyage where financial empowerment soars beyond the clouds.

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