Jesus called us to be "shrewd as serpents and innocent as doves." Are you doing that when it comes to your taxes? In this episode, host Eric Scovill shares insight on how to fully leverage your CPA's expertise for maximizing tax benefits year-round. He shares practical ideas for organizing financial documents and highlights key strategies like the Augusta Rule and real estate professional status. Tune in and discover how to align your tax planning with biblical stewardship principles, ensuring you're a wise handler of resources.
 
0:00 Introduction
5:39 CPA engagement
11:16 Augusta Rule
16:51 Organizing tax documents
22:27 Understanding effective tax rates
28:03 Biblical stewardship

Jesus called us to be "shrewd as serpents and innocent as doves." Are you doing that when it comes to your taxes? In this episode, host Eric Scovill shares insight on how to fully leverage your CPA's expertise for maximizing tax benefits year-round. He shares practical ideas for organizing financial documents and highlights key strategies like the Augusta Rule and real estate professional status. Tune in and discover how to align your tax planning with biblical stewardship principles, ensuring you're a wise handler of resources. 0:00 Introduction 5:39 CPA engagement 11:16 Augusta Rule 16:51 Organizing tax documents 22:27 Understanding effective tax rates 28:03 Biblical stewardship

Jesus called us to be "shrewd as serpents and innocent as doves." Are you doing that when it comes to your taxes? In this episode, host Eric Scovill shares insight on how to fully leverage your CPA's expertise for maximizing tax benefits year-round. He shares practical ideas for organizing financial documents and highlights key strategies like the Augusta Rule and real estate professional status. Tune in and discover how to align your tax planning with biblical stewardship principles, ensuring you're a wise handler of resources.
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0:00 Introduction
5:39 CPA engagement
11:16 Augusta Rule
16:51 Organizing tax documents
22:27 Understanding effective tax rates
28:03 Biblical stewardship

E85: Shrewd Tax Planning for 2025

You’ve heard the narrative that the super wealthy don’t pay taxes and the rich keep getting richer. Unless your net worth has reached family office status, you likely don’t have access to understand how they do it. 

In this weekly podcast designed for affluent stewards, we will go deep into the financial planning tactics of the high net worth community. You will learn how “the rich” pay so little in taxes, and how that can apply to you. You will learn how the wealthy invest differently than the standard investor. You will learn how the biggest philanthropists in the world maximize the assets they give. All of this will be shared through a lens of understanding the responsibility associated with wealth and its impact on you, your family, and the world around you.

In one facet, Eric, in cooperation with his expert guests, will demystify the _complexities and share some of the best strategies in the categories below to help you make informed decisions and grow your wealth.
Getting healthy with money
Investment portfolio design
Real estate investing
Alternative assets
Tax planning
Stewardship 
Philanthropy
Risk assessment 
Estate planning
Insurance
Marital finance
Succession planning
Training the next generation 
Cash flow

To accompany these wealth-enhancing strategies, we will also expose the significant, yet often overlooked, burden that comes with wealth. The increase in depression, suicide, and addiction amongst trust fund beneficiaries has been well documented. The changes people often undergo and the reduction in peace they have as their net worth increases points us to the conclusion that more money is not the answer. If the effects of an increase in finances haven’t been properly planned for, it can be devastating to a family for generations. We aim to equip you with practical and tested tools to transform your increase into a life-giving asset for your consumption and for your impact in the great commission.

Eric Scovill considers himself to be a businessman for the Kingdom of God. His Christian faith shapes everything that he does, from the way he leads his family to the way he runs His businesses. Once a contractor, he followed God’s call on his life to leave it all behind and step into the great unknown. Now, he has an exclusive financial planning practice for HNW clients that don’t fit into the mold of the standard financial advisor’s plan. He is a co-founder of a cryptocurrency hedge fund, Bedrock Digital Assets Management, and a venture capital business consulting and syndication company, YouAre Launched. Together, these companies serve his clients and investors to provide a suite of alternative assets that fit inside a highly valuable financial plan tailor-fitted to the individual’s aspirations for their own finances.

Wealth, and its impact on humanity, are among the most intriguing concepts worth pondering. The endless pursuit and insatiable craving for more, the collection of knowledge and assets held amongst the elite few, its ability to positively and negatively impact lives, the many teachings devoted to it in the Bible, and yet the relative unimportance placed on it by God; there is much to be studied and understood about this concept called money. The love of it is the root of all evil, yet a proper heart toward it can lead someone into a deeper faith and relationship with Jesus.

Eric and his guests are sure to provide the listeners a nearly unquantifiable amount of value, exposing you to solutions you probably didn’t know existed and teaching you how to implement them yourself or with your own financial team. After listening, not only will you know how to maximize your income and your investments like the wealthy, you’ll also know how God’s rules and teachings around money can guide you into exponentially more while also protecting you from the pitfalls of excess wealth.

Target audience: A couple seeking the tactical strategies employed by the high net worth community to multiply their wealth through

Business

Investing

You’ve heard the narrative that the super wealthy don’t pay taxes and the rich keep getting richer. Unless your net worth has reached family office status, you likely don’t have access to understand how they do it. In this weekly podcast designed for affluent stewards, we will go deep into the financial planning tactics of the high net worth community. You will learn how “the rich” pay so little in taxes, and how that can apply to you. You will learn how the wealthy invest differently than the standard investor. You will learn how the biggest philanthropists in the world maximize the assets they give. All of this will be shared through a lens of understanding the responsibility associated with wealth and its impact on you, your family, and the world around you. In one facet, Eric, in cooperation with his expert guests, will demystify the _complexities and share some of the best strategies in the categories below to help you make informed decisions and grow your wealth. Getting healthy with money Investment portfolio design Real estate investing Alternative assets Tax planning Stewardship Philanthropy Risk assessment Estate planning Insurance Marital finance Succession planning Training the next generation Cash flow To accompany these wealth-enhancing strategies, we will also expose the significant, yet often overlooked, burden that comes with wealth. The increase in depression, suicide, and addiction amongst trust fund beneficiaries has been well documented. The changes people often undergo and the reduction in peace they have as their net worth increases points us to the conclusion that more money is not the answer. If the effects of an increase in finances haven’t been properly planned for, it can be devastating to a family for generations. We aim to equip you with practical and tested tools to transform your increase into a life-giving asset for your consumption and for your impact in the great commission. Eric Scovill considers himself to be a businessman for the Kingdom of God. His Christian faith shapes everything that he does, from the way he leads his family to the way he runs His businesses. Once a contractor, he followed God’s call on his life to leave it all behind and step into the great unknown. Now, he has an exclusive financial planning practice for HNW clients that don’t fit into the mold of the standard financial advisor’s plan. He is a co-founder of a cryptocurrency hedge fund, Bedrock Digital Assets Management, and a venture capital business consulting and syndication company, YouAre Launched. Together, these companies serve his clients and investors to provide a suite of alternative assets that fit inside a highly valuable financial plan tailor-fitted to the individual’s aspirations for their own finances. Wealth, and its impact on humanity, are among the most intriguing concepts worth pondering. The endless pursuit and insatiable craving for more, the collection of knowledge and assets held amongst the elite few, its ability to positively and negatively impact lives, the many teachings devoted to it in the Bible, and yet the relative unimportance placed on it by God; there is much to be studied and understood about this concept called money. The love of it is the root of all evil, yet a proper heart toward it can lead someone into a deeper faith and relationship with Jesus. Eric and his guests are sure to provide the listeners a nearly unquantifiable amount of value, exposing you to solutions you probably didn’t know existed and teaching you how to implement them yourself or with your own financial team. After listening, not only will you know how to maximize your income and your investments like the wealthy, you’ll also know how God’s rules and teachings around money can guide you into exponentially more while also protecting you from the pitfalls of excess wealth. Target audience: A couple seeking the tactical strategies employed by the high net worth community to multiply their wealth through

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E85: Shrewd Tax Planning for 2025

E85: Shrewd Tax Planning for 2025