Tax Drag: The Hidden Cost Sinking Your Financial Performance

Financial Detox® Show

Join Jason Labrum and Alex Klingensmith as they expose the hidden tax mistakes costing investors real money—and how to fix them. This isn’t generic advice… it’s practical, high-impact strategy used by smart investors, business owners, and executives.

💡 In This Episode:

🔹What is Tax Drag and how it impacts long-term returns

🔹How to maximize gains with real-time Tax Loss Harvesting

🔹Tax-smart asset location: Roth vs. IRA vs. taxable accounts

🔹The 5 biggest tax mistakes investors make (and how to avoid them)

🔹Mutual funds vs ETFs: which saves more in taxes

🔹How to leverage donor-advised funds and gifting strategies

🔹Why your CPA and advisor MUST collaborate

➡️ Get a personalized second opinion on your portfolio today

👉 https://www.idawealth.com

📧 [email protected]

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#FinancialDetox #TaxPlanning2025 #SmartInvesting #WealthBuilding #taxstrategies

More on Jason Labrum https://www.linkedin.com/in/jasonlabrum/

and Alex Klingensmith https://www.linkedin.com/in/alex-klingensmith-94986b7/

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Disclosure

The Financial Detox podcast is provided by Intelligence Driven Advisers, LLC (“IDA”), an SEC registered Investment Adviser; however, such registration does not imply a certain level of skill or training. Any references to SEC registration are not an endorsement or indication of approval by the SEC. The information presented in this podcast is intended for general informational purposes only and should not be construed as specific tax, legal or investment advice. Participants are strongly encouraged to consult with their personal advisers regarding their specific financial and tax situation. Investing involves risk and there is always the potential for loss. Past performance is not necessarily indicative of future results. Information provided reflects IDA’s views as of a particular time. Such views along with tax laws and regulations are subject to change at any point and IDA shall not be obligated to provide notice of any change. IDA makes no representations or warranties, express or implied, regarding the accuracy, completeness, or reliability of the information presented in this podcast. The firm disclaims any liability for errors or omissions in the information or for any actions taken in reliance on the information provided herein.The S&P 500, or Standard & Poor's 500, is a stock market index that measures the performance of 500 of the largest publicly traded companies in the United States. These companies are selected based on their market capitalization, liquidity, and industry representation, making the index a broad indicator of the overall U.S. stock market and economy. The S&P 500 is widely regarded as a benchmark for the performance of the U.S. equity market, and it includes companies from a variety of industries, such as technology, healthcare, financial services, and consumer goods. The index is weighted by market capitalization, meaning that companies with larger market values have a greater impact on the index's overall performance. https://www.investopedia.com/terms/s/sp500.asp