Season 2 Episode 12: Tax Prep vs. Tax Planning: 20 Strategies You Need to Know

17/11/2025 49 min Temporada 2 Episodio 12
Season 2 Episode 12: Tax Prep vs. Tax Planning: 20 Strategies You Need to Know

Listen "Season 2 Episode 12: Tax Prep vs. Tax Planning: 20 Strategies You Need to Know"

Episode Synopsis

Are you filing your taxes… or planning them? 👀In this episode of The Elevate Podcast, Reginald & Ebony Clark break down the real difference between tax prep and tax planning — and why the latter can help you keep more of your hard-earned money in 2025 and beyond.From maximizing your retirement and HSA contributions to hiring your kids, leveraging real estate, and using smart timing strategies, these 20 proven tax moves can help you reduce your tax bill and build long-term wealth.💡 In this episode, you’ll learn:The #1 mindset shift between tax prep and tax planning2025 contribution limits for 401(k), IRA, and HSA accountsHow to legally reduce your tax liability as a business ownerStrategies for real estate investors and legacy buildersWhy now is the time to consider Roth conversions before tax rates riseWhether you’re a W-2 employee, entrepreneur, or investor, this episode will help you approach tax season strategically — not stressfully.

More episodes of the podcast Elevate - From Burnout to Bliss