Holistic Wealth and Health Podcast

Episode 55: The 3-Part Tax Approach That Protects Your Wealth

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What’s the difference between tax planning, management, and preparation? Why does it matter? In this conversation, host Bryan Bibbo sits down with Jeff Warnkin, CPA, CFP®, Senior Wealth Manager, with over 30 years of experience, to reveal why countless Americans are unknowingly stuck in the government’s “default tax plan.” 

Together they reveal the costly gap between receiving tax advice and implementing it, exploring overlooked pitfalls like Medicare premium spikes, and why the recent tax law changes create unprecedented Roth conversion opportunities. 

Key Topics: 

  • The Three Components: Understanding the distinct roles of planning, management, and preparation. 
    • The Default Tax Plan: Why accepting the government’s approach could cost you significantly over your lifetime. 
      • The CPA Gap: What traditional tax preparers often can’t do for you, and why forward-looking strategy requires a different approach. 
        • Current Roth Opportunities: Why Jeff considers this one of the best tax planning windows he’s seen in 30 years.
          • ...more
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          Holistic Wealth and Health PodcastBy Jason L Smith
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