Learn how to prepare for tax season with less stress with insights directly from JL Smith Holistic Wealth Managements’ experienced tax team. This episode, hosted by Bryan Bibbo, features Jeff Warnkin, CFP, CPA, NSSA, BPC, Senior Wealth Management Advisor, with over 25 years of experience and a master’s in taxation, and Kelli Knudsen, EA, Controller and Enrolled Agent at JL Smith who leads the tax division.
Listen as Warnkin and Knudsen share practical strategies to simplify your tax preparation process and help you make informed decisions about your filing. They’ll walk you through how JL Smith’s holistic approach to wealth management helps prevent tax-time surprises while keeping you on track with your financial goals.
Key Topics:
Document Organization: Discover effective ways to gather and submit your tax documents using both digital portals and traditional methods
Filing Status Benefits: Understand how to choose the best filing status for your situation, including special considerations for life changes and dependent claims
Security Measures: Discover important steps to protect yourself from tax-related identity theft, including the value of IRS Identity Protection PINs
Strategic Planning: Learn how incorporating tax planning into your wealth management strategy helps you prepare better and save more throughout the year
As technology like AI advances, so do the methods criminals use to compromise your financial security. This essential episode, hosted by Jason L Smith, features the return of Carrie Kerskie, a certified identity fraud investigator and author, who shares proactive, sophisticated strategies to protect your wealth today.
Listen as Carrie Kerskie, founder of the Kerskie Group, provides actionable strategies to protect your wealth from emerging cyber threats while maintaining the convenience of modern financial tools.
Key Topics:
AI Security Protocols: Learn how to safely leverage AI tools for business productivity while protecting sensitive financial information and maintaining data privacy
Modern Identity Protection: Master the three-part framework of prevention, awareness, and recovery to safeguard your wealth from sophisticated cyber threats
Digital Privacy Management: Understand critical vulnerabilities in everyday technology, from smart vehicles to mobile applications, that could compromise your financial security
Fraud Prevention Strategies: Implement the “privacy pause” methodology to prevent financial fraud and protect against social engineering attacks enhanced by artificial intelligence
Navigating finances within relationships can be a complex and deeply personal journey. In this episode of the Holistic Wealth & Health podcast, co-host Jason L Smith is joined by Ed Coambs, CFP®, founder, trainer, and therapy informed planner of Healthy Love & Money. Ed bridges the worlds of financial planning and relationship psychology, offering a transformative approach to understanding how our emotional and relational patterns influence financial decision-making.
Join us as we unpack strategies for fostering financial intimacy, overcoming money-related conflicts, and creating a balanced approach to wealth management that supports your emotional and financial health.
Key Topics Discussed:
Understanding Financial Intimacy: Learn what financial intimacy means and how it fosters transparency and trust in relationships.
Attachment Styles and Money: Discover how attachment styles—secure, anxious, avoidant, and disorganized—affect financial decision-making and conflict resolution.
Overcoming Financial Trauma: Explore methods to recover from past financial setbacks and rebuild confidence in managing money.
Balancing Risk and Emotional Comfort: Strategies to align financial decisions with personal comfort levels and long-term goals.
Practical Exercises for Couples: A simple yet powerful exercise to improve financial communication and connection in relationships.
Join hosts, Jason L Smith and Bryan Bibbo, as they welcome the newest advisor to the JL Smith Holistic Wealth Management team, Seth Meisler, CFA, CFP®, CPA. The episode delves into Seth’s journey in the financial industry, highlighting the importance of the holistic approach, the Bucket Plan® philosophy, and the impact of philanthropy and community service on his career. Learn how Seth’s diverse expertise as a principal, chief investment officer, financial advisor, and auditor, makes him a valuable addition to the JL Smith family.
Key Topics Discussed:
Introduction to Seth Meisler: Seth Meisler joins JL Smith Holistic Wealth Management, enhancing the firm’s financial planning and investment strategies with his diverse expertise.
Seth’s Diverse Background: With a rich educational and professional background, including CPA, CFP®, and CFA credentials, Seth brings a multidisciplinary approach to wealth management.
The Importance of a Holistic Approach: The episode underscores the necessity of a holistic wealth management strategy, integrating all financial aspects to support clients’ overarching goals.
The Bucket Plan® in Retirement Planning: Seth and the hosts discuss the Bucket Plan® philosophy, a structured retirement planning approach that aligns assets with future needs and goals.
Philanthropy and Community Service: Highlighting philanthropy’s role, Seth shares how community service and giving back are integral to his personal and professional ethos.
Learn how understanding your body and incorporating proactive holistic health habits can lead to a richer, more productive life.
In this episode, host Jason L Smith, CEP®, BPC, sits down with “America’s IRA Expert:” Ed Slott, CPA. He is the founder and CEO at Ed Slott and Company and a professional speaker and author. Together they discuss various tax and retirement planning strategies and stress the importance of finding the right advisor to help make the most of your savings and minimize tax burdens. Tune in for valuable advice to make informed financial decisions, optimize your retirement nest egg, and safeguard your wealth for future generations.
1. Having the right advisor: anyone who wants to make tax-smart decisions regarding their financial future benefits from an advisor with the right knowledge and skillset.
If you are a high-net-worth individual who has more complex financial needs, an advisor with expertise in tax management can make a big difference in your experience.
This podcast shares why understanding tax implications on wealth is important.
2. Proactive tax planning: taking strategic actions now can lead to long-term financial benefits.
Some decisions may temporarily increase your tax liability but can be more beneficial in the long run.
Planning is crucial to helping you keep more money for yourself and your beneficiaries.
It is wise to focus on what will help you have a steady future, rather than what may provide short-term financial gains.
3. Tax-efficient strategies: this episode describes ways to help maximize savings and minimize what you owe. Some examples include:
Roth conversions — These can help you manage their income-related monthly adjustment amounts (IRMAA) when they turn 65. By converting some of their traditional IRA funds into a Roth IRA, you can potentially reduce future Medicare charges for Medicare Parts B and D.
Qualified Charitable Distribution (QCD) — If you’re 70-and-a-half or older with an IRA and plan to make charitable donations, consider using a Qualified Charitable Distribution (QCD) from your IRA. This allows you to exclude the distribution from income, providing a better tax benefit than a tax deduction.
Ongoing education: Stay Informed About Tax Law Changes: Tax laws are constantly changing. Stay informed about new tax laws and regulations, especially those related to retirement accounts like IRAs and 401(k)s.
This knowledge can help you make informed decisions and potentially reduce your tax burden.
A holistic advisor can help you stay in-the-know.
If you’re unsure about your financial and tax situation, consider seeking advice from a financial advisor who specializes in retirement planning and tax-efficient strategies. The professionals at JL Smith can help you create a personalized plan to minimize your tax liability — schedule a free consultation today.
Disclaimer:
The information provided in this “Holistic Wealth and Health Podcast” episode, “Getting a Leg up on Tax Season – Tips and Strategies for Proactive Tax Management with Ed Slott, CPA” is for general informational purposes only. While hosts Jason L Smith, CEP, BPC, and guest Ed Slott, CPA, share valuable insights, listeners are urged to consult with financial, tax, and legal professionals for personalized advice. The hosts and guests do not endorse specific financial products, and any actions taken based on this content are at the listener’s discretion. The hosts, guests, and producers are not liable for errors or consequences resulting from individual decisions. Always seek professional guidance tailored to your unique financial circumstances.
In this episode, host Jason L Smith, speaks with Adam Freeland, CFF, President and OSJ Branch Manager at Harford Financial Group, on the importance of holistic health and wellness. Having recently prioritized his health and lost a significant amount of weight, Freeland shares his personal experiences since committing to a sugar-free diet and intermittent fasting, and how it’s helped improve his overall functioning personally and professionally. Their conversation touches on strategies for setting and maintaining goals including finding a coach or mentor who has achieved the desired results, making financial investments to stay accountable, and more.
1. The Importance of Health and Wellness: Listeners are encouraged to prioritize their health and well-being to become better leaders and professionals in every aspect of life.
2. The Power of Commitment: The episode emphasizes the significance of making long-term commitments to health and wellness goals.
3. Accountability and Declaration: When a person vocalizes their health goals, it can help them stay committed and accountable.
4. Dietary Choices: Lifestyle tips are shared, including the positive effects of a low or no-sugar diet, highlighting the impact of dietary choices on overall health.
5. Intermittent Fasting: Adam shares his personal experience with intermittent fasting and how it has changed his mind and body’s relationship to food.
6. Seeking Professional Guidance: Consulting experts and professionals when pursuing health goals can help you stay on track.
7. Overcoming Setbacks: Jason and Adam acknowledge that setbacks are a normal part of the journey and encourage perseverance in the pursuit of better health and wellness.
