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Steps to set up and use group recording in the Podbean app.
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Taxes don’t have to feel like a burden. What if they could become your strategic wealth-building tool?
In episode #114 of What Dewey Do?, I tackle the tax strategies that the wealthy use to grow and protect their money. This episode is packed with insights, from understanding the three types of accounts—taxable, tax-deferred, and tax-free—to leveraging Roth IRAs and maximizing catch-up contributions. I also discuss the benefits of tax-loss harvesting, donor-advised funds, and smart tips for business owners like depreciation and the Augusta Rule.
Don’t wait for tax season to start planning. Tune in now to learn how to minimize your tax burden and maximize your wealth.
Quotes
- Dewey Steffen: “Taxes don’t have to be the enemy, they can be a powerful wealth-building tool.”
- Dewey Steffen: “ Charitable giving is a smart tax strategy. Options include donor-advised funds, charitable trusts, and gifting appreciated assets to avoid capital gains taxes.”
- Dewey Steffen: “ Taxes aren’t just about what you owe, they’re about what you can keep. With the right strategies, you can reduce your tax burden while growing and preserving your wealth. ”
Share this episode with anyone who wants to turn taxes into opportunities for growth, and don’t forget to subscribe for more insights to thrive in 2025! 💬👏
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➡️ GLW YouTube: https://www.youtube.com/@GLWealth
Thanks for watching! What Dewey Do? is a podcast by Great Lakes Wealth (www.greatlakeswealth.us) and executively produced by Evry Media (www.evry.media.com). Great Lakes Wealth, LLC is a registered investment advisor. The information provided is solely for informational purposes. Advisory services are only offered to clients or prospective clients where Great Lakes Wealth and its representatives are properly licensed or exempt from licensure. No advice may be rendered without a service agreement in place. Securities offered through Purshe Kaplan Sterling Investments, Member FINRA/SIPC Headquartered at 80 State Street, Albany, NY 12207. Purshe Kaplan Sterling Investments and Great Lakes Wealth are not affiliated companies. The views reflected in the commentary are subject to change at any time without notice. Nothing herein constitutes investment advice or a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security or a depiction of past investments made by Great Lakes Wealth, LLC.
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