Are you building a business, or just building yourself a job?

On this episode of Jet Setting Wealth Advisory, David T. Yu speaks with Kep Kepner, founder and managing partner of KepnerCPA, for a practical conversation on business advisory, strategic tax planning, exit planning, and building a company that creates long-term value. Drawing on decades of experience in sales, consulting, technology, and public accounting, Kep explains why business owners need more than compliance work and traditional tax preparation. From using financial numbers to make better decisions to creating systems, developing scalable teams, planning for exit, and strengthening the brain as a business tool, this episode highlights how entrepreneurs can move beyond owner dependence and build stronger, more valuable businesses.

Key Takeaways:

→ Business owners need advisors who help them make better decisions, not just prepare tax returns

→ Scalable companies require systems, policies, and teams that reduce owner dependence

→ Financial numbers should guide business decisions, not just satisfy compliance

→ Exit planning is about value, purpose, and readiness, not just retirement

→ Brain performance, creativity, and decision-making are key tools for business growth

More from Kep Kepner and KepnerCPA:

Website: kepnercpa.com

LinkedIn: linkedin.com/company/kepnercpa

Facebook: facebook.com/KepnerCPA

Instagram: instagram.com/kepnercpa

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Visit: DTY Wealth Planning Solutions

Are you still managing taxes by looking backward?

On the lastest Jet Setting Wealth Advisory, David T. Yu welcomes back Edward Lyon, tax attorney, speaker, consultant, and Chief Tax Planner at Excel Empire, for another sharp and practical conversation on proactive tax planning. Ed explains why the tax code should be viewed less like a list of restrictions and more like a roadmap filled with “green lights” that Congress intentionally created for business owners and high-income earners. From legal tax avoidance and entity structuring to advisor coordination, plain-English planning, and the difference between reactive preparation and proactive strategy, this episode challenges listeners to stop waiting until year-end and start making smarter tax decisions throughout the year.

Key Takeaways:

→ The tax code contains incentives business owners often overlook

→ Tax planning is not about being aggressive; it is about being proactive

→ Many CPAs focus on tax preparation, not forward-looking tax mitigation

→ Plain-English planning helps business owners understand opportunities better than spreadsheets alone

→ Coordinated advisors can uncover strategies that siloed professionals often miss

More from Edward Lyon:

Website: ⁠excelempire.com⁠

Website: ⁠edwardalyon.com⁠

LinkedIn: ⁠linkedin.com/in/edward-lyon-7a9168⁠

Engage with David T. Yu:

Connect on⁠ LinkedIn⁠,⁠ Instagram⁠, &⁠ Facebook⁠

Sign up for our⁠ newsletter⁠ or⁠ book a call⁠

Visit:⁠ DTY Wealth Planning Solutions

Thinking about living, working, or doing business abroad?

On this episode, David continues his conversation with Vincenzo Villamena, Founder and CEO of Online Taxman, for Part 2 of their discussion on international tax planning for Americans abroad. Vincenzo explains what U.S. citizens, entrepreneurs, expats, and global investors should consider before moving overseas, doing business internationally, or even renouncing U.S. citizenship. From coordinating U.S. and local tax rules to understanding exit tax, covered expatriate status, foreign earned income exclusions, and choosing the right international tax advisor, this episode offers practical guidance for making informed decisions in an increasingly connected world.

Key Takeaways:

→ Cross-border tax planning should begin before moving or doing business abroad→ U.S. and local tax rules must be coordinated together→ Renouncing U.S. citizenship can trigger major tax and immigration consequences→ Exit tax may apply for covered expatriates with higher net worth→ International tax experience matters when choosing the right advisor

More from Vincenzo Villamena and Online Taxman:

Website: onlinetaxman.comLinkedIn: linkedin.com/in/vincenzo-villamenaFacebook: facebook.com/OnlineTaxmanInstagram: instagram.com/onlinetaxman

Engage with David T. Yu:

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Visit: DTY Wealth Planning Solutions

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Living, working, or investing abroad and unsure what the IRS still expects from you?

On this week's Jet Setting Wealth Advisory, David T. Yu speaks with Vincenzo Villamena, CPA, Founder and CEO of Online Taxman, for the first of a two-part conversation on U.S. tax planning for Americans abroad. Drawing on his experience as an expat and international tax advisor, Vincenzo explains why U.S. citizens and green card holders still have filing obligations regardless of where they live, along with the opportunities available to qualified taxpayers. From foreign earned income exclusions and state tax residency to foreign asset reporting and international business structures, this episode helps Americans abroad plan before they move, invest, or expand internationally.

Key Takeaways:

→ U.S. citizens and green card holders still have U.S. tax filing obligations while abroad
→ Qualified Americans living overseas may benefit from the foreign earned income exclusion
→ Leaving a high-tax state requires careful residency and domicile planning
→ Foreign bank accounts, entities, and financial assets may trigger additional reporting requirements
→ Retirees, digital nomads, and entrepreneurs should coordinate U.S. and local tax rules before making a move

More from Vincenzo Villamena and Online Taxman:

Website: onlinetaxman.com
LinkedIn: linkedin.com/in/vincenzo-villamena
Facebook: facebook.com/OnlineTaxman
Instagram: instagram.com/onlinetaxman

Engage with David T. Yu:

Connect on LinkedIn, Instagram, & Facebook

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Visit: DTY Wealth Planning Solutions

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Want to make sure your family is prepared for the financial realities that come with aging?

On the latest Jet Setting Wealth Advisory, David T. Yu speaks with Trina McWilliams, Founder of Trusted Direction and Americas Controller at Accenture I&CP, LLC, for a meaningful conversation on financial support for older adults and the families who care for them. Inspired by her own family’s experience, Trina explains how client accounting services can help people stay organized, pay bills on time, manage cash flow, protect their accounts, and retain independence as financial responsibilities become more difficult. From planning for the transition into retirement to organizing critical documents and establishing a power of attorney, this episode offers practical guidance for creating stability before a crisis.

Key Takeaways:

→ Retirement planning should include a plan for managing finances later in life
→ Organizing essential documents helps families act during an emergency
→ A power of attorney can provide needed access when financial support is required
→ Client accounting services can range from advice and budgeting to bill payment and reporting
→ Trusted local support can reduce stress for older adults and long-distance family members

More from Trina McWilliams:

Website: trusteddirectionservices.com 
LinkedIn: linkedin.com/in/trina-mcwilliams-73575a179
Facebook: facebook.com/accenture
Instagram: instagram.com/accenture

Engage with David T. Yu:

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Visit: DTY Wealth Planning Solutions

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Want more flexibility when selling an investment property?

On this episode of Jet Setting Wealth Advisory, David T. Yu speaks with Dave Foster, founder of The 1031 Investor and a qualified intermediary for 1031 exchanges, for a practical conversation on tax-efficient real estate investing. Dave shares how 1031 exchanges, Section 121 primary residence planning, partial exchanges, and Delaware statutory trusts can help investors defer capital gains taxes and reposition their portfolios with greater flexibility. As the author of Lifetime Tax-Free Wealth: The Real Estate Investor’s Guide to the 1031 Exchange, Dave explains why thoughtful planning must begin before a property is listed and how the right strategy can help investors preserve more capital for future opportunities.

Key Takeaways:

→ Start planning before a property sale to meet 1031 deadlines
→ A qualified intermediary is required to complete a 1031 exchange
→ Section 121 and 1031 planning can work together in certain situations
→ Partial exchanges can create flexibility while deferring part of the gain
→ Replacement property must be investment real estate and meet reinvestment rules

More from Dave Foster and The 1031 Investor:

 
Website: the1031investor.com
LinkedIn: linkedin.com/in/davefoster1031
Facebook: facebook.com/the1031investor
YouTube: youtube.com/c/The1031Investor

Engage with David T. Yu:

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Visit: DTY Wealth Planning Solutions

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Want to understand the tax and compliance issues before buying an aircraft?

On this episode of Jet Setting Wealth Advisory, David T. Yu speaks with Letisha Sailor, founder of AvTax Advisors, for a practical conversation on aviation tax law, aircraft ownership, FAA compliance, and IRS audit risk. With more than 20 years of experience in aviation tax and accounting, Letisha explains why aircraft ownership requires more than simply choosing the right plane. From structuring ownership correctly to documenting business use, managing state tax exposure, and preparing for potential audits, this episode highlights the importance of proactive planning before the purchase ever happens.

Key Takeaways:

→ Aircraft ownership requires planning before purchase
→ Tax deductions depend on proper documentation and business use
→ Ownership structure must balance tax efficiency and FAA compliance
→ State sales and use tax can create unexpected costs
→ Proactive review can reduce audit risk and compliance issues

More from Letisha Sailor and AvTax Advisors:

Website: avtaxadvisors.com
LinkedIn: linkedin.com/in/letishasailor
Instagram: instagram.com/avtaxadvisors/?igsh=YzZlaTRremhhYzR1#

Engage with David T. Yu:

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Visit: DTY Wealth Planning Solutions

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Thinking about relocating for tax reasons? It’s not as simple as counting days on a calendar.

On this week's Jet Setting Wealth Advisory, David T. Yu speaks with Tina Azarvand Esq., Managing Partner of Azarvand Tax Law, about the little-known tax structure of the Commonwealth of the Northern Mariana Islands and why residency, domicile, and intent matter far more than most people realize.

Tina explains how CNMI source income can qualify for significant local tax rebates, why there is no federal income tax filing for qualifying residents, and how the IRS evaluates whether someone truly moved versus simply trying to claim a new address. From the 183-day misconception to how your daily life, family ties, and documentation determine your tax reality, this episode highlights the complexity behind relocation-based tax strategies.

Key Takeaways:
→ CNMI source income may qualify for local tax rebates under the territory’s tax system
→ Qualifying residents file locally, not federally, when requirements are properly met
→ The 183-day rule is only one small part of proving residency and domicile
→ The IRS evaluates intent through lifestyle, documentation, and personal ties
→ Relocation tax strategies require planning, structure, and proof

More from Tina Azarvand and Azarvand Tax Law:

Email: [email protected]Website: azarvandtaxlaw.com
LinkedIn: linkedin.com/in/tinaazarvand
Facebook: facebook.com/azarvandtaxlaw
Instagram: instagram.com/azarvandtaxlaw

Engage with David T. Yu:

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Visit: DTY Wealth Planning Solutions

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Want to stop treating your business, taxes, and legal planning like separate conversations?

On this episode of Jet Setting Wealth Advisory, David T. Yu speaks with Chris Papin, founder of Papin CPA and Papin Law, about why business owners struggle when tax, legal, insurance, and financial planning are handled in silos. Chris shares how his dual background as both a CPA and an attorney allows him to serve as a “quarterback” for business owners who need help translating complex financial decisions into coordinated action. From audit-proofing your books and avoiding common tax pitfalls to aligning business cash flow with personal wealth and estate planning, this episode highlights how small gaps in coordination can create very expensive problems.

Key Takeaways:

→ Business owners often understand their business but not how financial statements truly work
→ Audit-proofing your books is about discipline, separation, and how you treat your business 
→ Debt decisions, spending habits, and cash flow timing can quietly derail long-term goals
→ The biggest financial mistakes often come from lack of coordination between advisors
→ The right professional should act as a translator and facilitator, not just a technician

More from Chris Papin and Papin CPA:

Email: [email protected]

Website: papincpa.com
LinkedIn: linkedin.com/in/chrispapin
Facebook: https://www.facebook.com/PapinCPA

Engage with David T. Yu:

Connect on LinkedIn, Instagram, & Facebook

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Visit:  DTY Wealth Planning Solutions

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Want to avoid costly tax mistakes with your aircraft ownership?

On the latest Jet Setting Wealth Advisory, David T. Yu speaks with Ryan DeMoor, Head of Aviation Tax at MySky, for an in-depth conversation about aviation tax strategy, compliance, and the critical mistakes aircraft owners and operators often make. Ryan shares how his unique background as both an airline pilot and aviation tax expert gives him rare insight into the challenges flight departments, executives, and owners face when trying to balance business use, personal use, and IRS requirements. From bonus depreciation and Qualified Business Use tests to SIFL, entertainment disallowance, and the role of automation and AI in aviation finance, this episode breaks down the complex tax rules that can create massive financial consequences if misunderstood.

Key Takeaways:
→ Bonus depreciation only works if strict Qualified Business Use rules are met every year
→ Failing QBU tests can trigger painful tax recapture years later
→ Personal vs. business flight classification must be documented contemporaneously
→ SIFL and entertainment disallowance directly impact executives and company deductions
→ Automation and software are transforming how flight departments stay compliant and cost-efficient

More from Ryan DeMoor and MySky:

Email: [email protected]
Website: mysky.com
LinkedIn: linkedin.com/in/ryan-demoor-cam-mba

Engage with David T. Yu:

Connect on LinkedIn, Instagram, & Facebook

Sign up for our newsletter or book a call

Visit: DTY Wealth Planning Solutions

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