
27 episodes

The Standard Deduction Candace Varner, Ben Hake, Peter Mallouk
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- Business
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5.0 • 11 Ratings
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The Standard Deduction podcast is hosted by Creative Planning President Peter Mallouk along with Tax Directors, Candace Varner and Ben Hake. This podcast is a thoughtful, informed discussion about ideas, trends and developments in taxes related to personal wealth management.
Our mission is to educate and inspire people to make better financial choices through knowledge, tools and strategies that ensure a more prosperous future. We believe that education and planning are key components to financial success. Come explore relevant financial topics with our team.
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Taxation on Investment Income Explained
Let Tax Directors Candace Varner and Ben Hake help you avoid surprises on Tax Day! Listen as they discuss the ins and outs of taxation on many common types of investment income (including interest income, capital gains distributions and several types of dividends) as well as the importance — and timing — of K-1s.
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Itemized Deductions, Tax Credits, and More to Be Aware of This Tax Season
In this episode, Tax Directors Candace Varner and Ben Hake discuss several deductions and credits you may be eligible for this tax season (including charitable donations, medical expenses, childcare, etc.). They also give specific tips for lowering your tax bill when it comes out higher than expected.
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Home Sweet Home Sale Exclusion
In this episode, Tax Directors Candace Varner and Ben Hake are joined by their colleague, Amy McCue, to explain how you could exclude a portion of the gains in your home’s value on your taxes if you’ve recently sold it (or are considering it in this hot seller’s market). As usual, Ben makes things complicated.
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It’s Tax Season – Don’t Panic!
In their latest information-packed episode, Tax Directors Candace Varner and Ben Hake prepare you for filing your 2021 tax returns. They cover important documents you’ll need and when you can expect to receive them, along with a few ways you may be able to reduce your tax bill before the filing deadline.
Lastly, if you’ll be waiting on a K-1 (or tend to be a slacker), they explain what you’ll need to know about filing an extension. -
Adding a Pinch of SALT to the Holiday Season
Don’t worry, they’re not doing a cooking podcast. In this episode, Tax Directors Candace Varner and Ben Hake discuss a different kind of SALT – State and Local Tax. The SALT deduction was capped at $10,000 in 2018, and many high-tax states have since introduced their own workarounds. Recently, the Build Back Better Act proposed a significant increase to the deduction, but taxpayers who can’t take advantage of it this year may be left feeling salty.
Wishing happy holidays (including Festivus) to all our listeners! -
Tax Legislation Proposal Changes: Life Comes at You Fast
While Congress seems to be actively trying to make their podcast episodes obsolete as quickly as possible, Tax Directors Candace Varner and Ben Hake nevertheless tackle the latest changes to tax legislation proposals. They cover what’s now in, what’s now out, what’s been modified, and why they have reason to be optimistic that someone at the IRS might eventually read their letters and answer their calls.
Customer Reviews
Personable, Helpful, and Enlightening
Thank you for putting these out. As I continue to figure out the taxes for my family, while creating the best safety net, having a better understanding of taxes (my biggest expense) is extremely important. These podcasts are helpful, straight forward, and succinct. I’ve found several of them extremely enlightening and the way the topics are presented are simple and educational.
Easy to understand
I really enjoy the conversational style of the information. I am not a finance person and this is all easy to understand and interesting.