Breakaway Wealth Podcast

How to Stop Overpaying Taxes with Chris Shockowitz


Listen Later

Most business owners, investors, and high-income earners are losing money—not because they're bad at making it, but because they're bad at keeping it.

In this episode, Jim sits down with tax strategist Chris Shockowitz of deferTax.com, a guy who walked away from corporate America, saved seven figures in taxes himself, and now helps entrepreneurs slash tax bills the legal, intelligent way.

If you've ever wondered why the wealthy pay less tax, how they use the code instead of getting crushed by it, or how to stop being at the mercy of your CPA once a year…this conversation is your wake-up call. Owners don't play defense—they plan..

What You'll Learn

  • Why does tax preparation cost you money, but tax planning saves you money

  • The difference between a CPA who reports history vs. a strategist who shapes your future

  • How high-income earners legally cut taxes by up to 50%

  • How to use trusts and smart structuring to sell crypto, real estate, or a business with zero tax

  • Why the tax code rewards investors, owners, and producers—and how to start thinking like one

Here's the shift Chris drove home: Tax preparation reports history. Tax planning changes your future.

Your CPA can tell you what you owe. A strategist tells you what's possible.

And most high-income earners are leaving six figures (or more) on the table simply because nobody ever showed them the legal, proven tools built into the tax code for people who invest, own, and think differently.

Chris's Shared Wisdom

"Most people don't know what they don't know. The tax code isn't built to punish you—it's built to reward the people who invest in America. When you understand it, it changes everything."

Connect with Chris: Website: www.DeferTax.comLinkedin: www.linkedin.com/in/christopher-shockowitz/

...more
View all episodesView all episodes
Download on the App Store

Breakaway Wealth PodcastBy CreateTailwind

  • 5
  • 5
  • 5
  • 5
  • 5

5

50 ratings


More shows like Breakaway Wealth Podcast

View all
Radical Personal Finance by Joshua Sheats

Radical Personal Finance

1,891 Listeners

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business by The Rich Dad Media Network

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

3,863 Listeners

Financial Independence Podcast by The Mad Fientist

Financial Independence Podcast

1,675 Listeners

Get Rich Education by Real Estate Investing with Keith Weinhold

Get Rich Education

606 Listeners

Main Street Business by Mark J Kohler and Mat Sorensen

Main Street Business

588 Listeners

Jocko Podcast by Jocko DEFCOR Network

Jocko Podcast

30,781 Listeners

Real Wealth Show: Real Estate Investing Podcast by Kathy Fettke / RealWealth

Real Wealth Show: Real Estate Investing Podcast

409 Listeners

Tax Smart Real Estate Investors Podcast by Hall CPA

Tax Smart Real Estate Investors Podcast

428 Listeners

BiggerPockets Money Podcast by BiggerPockets

BiggerPockets Money Podcast

3,084 Listeners

The WealthAbility Show with Tom Wheelwright, CPA by The Rich Dad Media Network

The WealthAbility Show with Tom Wheelwright, CPA

515 Listeners

Real Estate News: Real Estate Investing Podcast by Kathy Fettke / RealWealth

Real Estate News: Real Estate Investing Podcast

558 Listeners

Ken McElroy Show by Ken McElroy

Ken McElroy Show

717 Listeners

The Shawn Ryan Show by Shawn Ryan

The Shawn Ryan Show

45,350 Listeners

The Tucker Carlson Show by Tucker Carlson Network

The Tucker Carlson Show

17,090 Listeners

The Dr. Ardis Show Podcast by Dr Bryan Ardis

The Dr. Ardis Show Podcast

375 Listeners