The Tax Playbook for the Affluent: Keep More, Grow More #114

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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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