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Listen "146 - Step 2 - Defer Income-Accelerate Expenses - Tax Strategy Framework"
Episode Synopsis
In this episode, Brent continues the Eight-Step Tax Strategy Framework by explaining Step 2: Defer Income and Accelerate Expenses. Although this strategy sounds simple, Brent breaks down why timing can significantly affect your tax outcome and how both employees and business owners can use these tools effectively.
This step shows that tax planning is not only about what you earn but also about when you earn and spend. Understanding these timing opportunities helps you stay proactive and maximize savings throughout the year.
Next episode: Step 3 in the tax strategy framework.
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Thank you for listening to another episode of the Wealth Game Podcast. The goal is to get informal yet actionable advice directly to business owners and investors. The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.
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