51 min

Modern Wealth Management - Episode 8 (Overview on Upcoming Tax Proposals with Lisa Curry‪)‬ Modern Wealth Management

    • Investing

A new year brings a new batch of tax proposals that could leave you scratching your head.
In the latest installment of Modern Wealth Management, we bring you a special edition of the show that features a unique guest from the tax planning realm. Darrick is joined by Lisa Curry, Partner at Katz, Sapper and Miller, to address a wide variety of year end tax strategies you can incorporate into your own portfolio.
Additionally, Lisa showcases the current tax proposals in existence and how you should be preparing in case some are passed.
There's plenty of beneficial information packed into this episode that you don't want to miss!
Timecodes:
0:06 - Overview on this special edition of the show
0:59 - Setting the scene on the overall importance behind tax planning within your wealth plan
3:00 - Introducing Lisa Curry of Katz, Sapper and Miller
5:00 - Using a business to take care of the family means
8:15 - "I've heard about this. What does that mean for me?"
12:15 - Increasing tax rates on corporations will still likely impact you
16:05 - The top individual income tax rate and the proposed changes
22:35 - Capital gains and what to expect on this front
29:40 - What is going to change?
34:18 - The backdoor (or mega) ROTH and where it enters the picture
38:54 - Selling your business and how that can impact your taxable income
42:06 - What can wealthy business owners do right now to optimize their plan
47:15 - The value associated with a stress test
50:45 - Closing remarks


Connect with Darrick and Ray:
https://mononwealth.com/ (Website)
https://www.facebook.com/mononwealth (Facebook)
https://www.linkedin.com/company/monon-wealth-management/about/ (LinkedIn)

A new year brings a new batch of tax proposals that could leave you scratching your head.
In the latest installment of Modern Wealth Management, we bring you a special edition of the show that features a unique guest from the tax planning realm. Darrick is joined by Lisa Curry, Partner at Katz, Sapper and Miller, to address a wide variety of year end tax strategies you can incorporate into your own portfolio.
Additionally, Lisa showcases the current tax proposals in existence and how you should be preparing in case some are passed.
There's plenty of beneficial information packed into this episode that you don't want to miss!
Timecodes:
0:06 - Overview on this special edition of the show
0:59 - Setting the scene on the overall importance behind tax planning within your wealth plan
3:00 - Introducing Lisa Curry of Katz, Sapper and Miller
5:00 - Using a business to take care of the family means
8:15 - "I've heard about this. What does that mean for me?"
12:15 - Increasing tax rates on corporations will still likely impact you
16:05 - The top individual income tax rate and the proposed changes
22:35 - Capital gains and what to expect on this front
29:40 - What is going to change?
34:18 - The backdoor (or mega) ROTH and where it enters the picture
38:54 - Selling your business and how that can impact your taxable income
42:06 - What can wealthy business owners do right now to optimize their plan
47:15 - The value associated with a stress test
50:45 - Closing remarks


Connect with Darrick and Ray:
https://mononwealth.com/ (Website)
https://www.facebook.com/mononwealth (Facebook)
https://www.linkedin.com/company/monon-wealth-management/about/ (LinkedIn)

51 min