Tax Planning Strategies: How to Reduce Liabilities and Save More

Mastering Finance with Dean Tellone

Mastering Finance with Dean Tellone

28:16

Gene Baur is the founder of Farm Sanctuary, a place of rescue, refuge, and adoption for hundreds of farm animals each year. Farm Sanctuary shelters enable visitors to connect with farm animals as emotional, intelligent individuals. Gene has also led campaigns to change laws about animal treatment and taken undercover photographs of farms, stockyards, and slaughterhouses, documenting deplorable conditions. His pictures and videos exposing factory farming cruelties have aired nationally and internationally, educating millions about the plight of modern farm animals, and his rescue work inspired an international farm sanctuary movement. Once called “the conscience of the food movement” by Time magazine, Gene walks the walk and talks the talk when it comes to food and animal rights. Jay and Gene discuss the political and cultural steps that will bring about the end of factory farming and a healthier approach to animals and food. Today's episode was produced by Tani Levitt and Mijon Zulu. To check out more episodes or to learn more about the show, you can visit our website Allaboutchangepodcast.com. If you like our show, spread the word, tell a friend or family member, or leave us a review on your favorite podcasting app. We really appreciate it. All About Change is produced by the Ruderman Family Foundation. Episode Chapters 0:00 Intro 1:05 The state of veganism 6:18 Cultural shifts around factory farming and veganism 14:58 Gene’s three paths of activism 17:44 Gene’s legislative successes 22:25 Accepting people where they are in their journeys 25:36 Thank you and goodbye For video episodes, watch on www.youtube.com/@therudermanfamilyfoundation Stay in touch: X: @JayRuderman | @RudermanFdn LinkedIn: Jay Ruderman | Ruderman Family Foundation Instagram: All About Change Podcast | Ruderman Family Foundation To learn more about the podcast, visit https://allaboutchangepodcast.com/ Looking for more insights into the world of activism? Be sure to check out Jay’s brand new book, Find Your Fight , in which Jay teaches the next generation of activists and advocates how to step up and bring about lasting change. You can find Find Your Fight wherever you buy your books, and you can learn more about it at ⁠⁠⁠⁠⁠www.jayruderman.com⁠⁠⁠⁠⁠ .…

about a year ago 57:51

MP3•Episode home

Welcome back to Mastering Finance with Dean Tellone! In Episode 4, "Tax Planning Strategies: How to Reduce Liabilities and Save More," Dean Tellone explains practical techniques that can help you minimize your tax burden and keep more of your hard-earned money. He covers essential strategies for individuals and families, such as boosting retirement contributions and leveraging Health Savings Accounts, while also breaking down valuable tips for business owners and investors—like deducting legitimate expenses, optimizing your business structure, and using tax-loss harvesting effectively.

With clear real-world examples and straightforward insights, this episode equips you with a toolkit to turn tax challenges into opportunities for financial growth. If you find these strategies useful, please like, comment, and subscribe on YouTube for more financial wisdom from Dean Tellone.

Enhance your tax planning strategy by exploring more expert insights and practical guides at:
https://deantellone.com/
https://deantellone.org/
https://deantellone.net/
https://dinotellone.com/

15 episodes

#Business #Dean Tellone

Tax Planning Strategies: How to Reduce Liabilities and Save More

published about a year ago

MP3•Episode home

Enhance your tax planning strategy by exploring more expert insights and practical guides at:
https://deantellone.com/
https://deantellone.org/
https://deantellone.net/
https://dinotellone.com/

15 episodes

#Business #Dean Tellone

All episodes

1
The Future of Financial Services Innovations and Trends to Watch 1:20:14

17 weeks ago1:20:14

1:20:14

Join Dean Tellone for a special Season 1 finale of Mastering Finance with Dean Tellone, where we look beyond today and explore The Future of Financial Services. In Episode 15, we unfold the innovations and trends that are reshaping banking, investing, and payments—from the rise of neobanks and AI-powered underwriting to blockchain’s quiet revolution of back-office systems. You’ll get a forward-looking tour of: Core Trends like embedded finance, open banking, and robo-advisors Real-World Applications that you’re already using (or will soon) in your favorite apps Challenges Ahead, from cybersecurity and regulatory hurdles to keeping finance inclusive and human Whether you’re a fintech enthusiast, a traditional banker, or simply someone curious about where your money goes next, this episode will give you clear, actionable insights—no jargon required. As we wrap up Season 1, Dean shares his top takeaways and shines a light on what’s next in Season 2 of Mastering Finance. Ready to stay ahead of the curve? Dive deeper into these trends and discover practical tools at: https://deantellone.com/ https://deantellone.org/ https://deantellone.net/ https://dinotellone.com/…

1
The Glossary of Finance: Key Terms You Need to Know 53:53

17 weeks ago53:53

53:53

Join Dean Tellone as he turns financial jargon into everyday language in this must-listen episode of Mastering Finance with Dean Tellone. We’ll walk you through over 30 essential terms—from budgets, cash flow, and net worth to compound interest and FDIC insurance—so you’ll never feel lost in a conversation about “amortization” or “asset allocation” again. Next, we’ll untangle credit and debt concepts like credit scores, APR, and collateral, before demystifying investing buzzwords—stocks, bonds, ETFs, and diversification. Then we’ll decode the tax world (deductions, credits, capital gains) and wrap up with retirement essentials such as 401(k)s, IRAs, pensions, and Social Security. Each term comes with clear definitions and real-world examples, making this your go-to refresher whenever you need a quick financial vocabulary boost. If you find this glossary helpful, please like, comment, and subscribe for more bite-sized finance insights from Dean Tellone . Expand your financial toolkit and explore additional resources at: https://deantellone.com/ https://deantellone.org/ https://deantellone.net/ https://dinotellone.com/…

1
Understanding Capital Gains and How They Affect Your Investments 39:12

17 weeks ago39:12

39:12

Join Dean Tellone in Episode 13 of Mastering Finance as we demystify capital gains and show you exactly how they impact your investment returns. You’ll learn in plain English how gains are triggered when you sell an asset, why holding periods matter (short‑term vs. long‑term), and how those differences translate into your tax bill. We’ll cover which assets—from stocks and bonds to real estate, crypto, and collectibles—are subject to capital gains tax, and how your income level determines whether you pay 0%, 15%, or 20% (plus any additional surtaxes). Along the way, Dean walks you through real‑world scenarios: selling appreciated shares, leveraging the primary‑home exclusion, rebalancing a portfolio in a taxable account, and even using losses to offset gains with tax‑loss harvesting. You’ll also get actionable tips—like timing your sales in low‑income years, sheltering trades inside tax‑advantaged accounts, and using 1031 exchanges for real estate—to keep more of your investment profits working for you. Ready to make capital gains taxes work in your favor? Dive deeper into strategies, charts, and tools at: https://deantellone.com/ https://deantellone.org/ https://deantellone.net/ https://dinotellone.com/…

1
Tax Accounting for Business Owners: Best Practices and Pitfalls to Avoid 33:12

17 weeks ago33:12

33:12

In Episode 12 of Mastering Finance with Dean Tellone , Dean tackles the often‑daunting world of tax accounting for entrepreneurs. Whether you’re a sole proprietor, an LLC owner, or run an S‑corp, Dean breaks down the essentials that turn tax season from a minefield into a strategic advantage. You’ll learn how to select the optimal accounting method (cash versus accrual), set up and fund your quarterly estimated tax payments, and keep your personal and business finances strictly separate for maximum clarity and audit protection. Next, Dean guides you through tracking every deductible expense—from home office and vehicle costs to startup outlays and retirement contributions—so you never leave money on the table. He also exposes the top traps that snag unwary business owners: misclassifying workers, missing deadlines, sloppy recordkeeping, and DIYing complex filings without professional help. Real‑world examples illustrate how simple fixes—like automating bookkeeping or hiring a CPA for payroll taxes—can save thousands in penalties and free you to focus on growth instead of IRS headaches. By the end of this episode, you’ll have a concrete action plan: review your current tax strategy, choose one best practice to implement this week, and reach out to a trusted tax advisor or software platform to fill any gaps. Equip yourself to transform tax compliance into a tool for smarter cash flow management and long‑term success. Ready for deeper dives and step‑by‑step guides? Explore bonus resources and expert insights at https://deantellone.com/ https://deantellone.org/ https://deantellone.net/ https://dinotellone.com/…

1
Building Financial Security: The Essentials of Wealth Protection 44:30

18 weeks ago44:30

44:30

Mastering Finance with Dean Tellone presents an in‐depth exploration of wealth protection—the crucial framework that ensures hard‐earned assets are safeguarded against the unexpected. This episode emphasizes that accumulating wealth is only half the journey; securing that wealth through sound strategies is equally important. Dean Tellone discusses five key areas essential for long‐term financial security: Risk Management and Insurance: Learn how proper health, disability, property, liability (including umbrella), and life insurance act as the first line of defense against financial shocks. Real-world examples illustrate how comprehensive coverage can prevent a single catastrophic event from undoing years of savings. Asset Protection: Discover why employing legal tools—such as forming limited liability companies (LLCs) and establishing trusts—can shield personal assets from lawsuits and creditor claims. The episode explains how proper asset titling and segregation of business and personal finances create a “fireproof safe” for your wealth. Diversification and Asset Allocation: Understand the vital role of spreading investments across various asset classes to mitigate risk. Dean outlines best practices for creating a balanced portfolio that can weather market volatility without sacrificing growth potential. Estate Planning and Legacy Protection: The importance of drafting a will, setting up living trusts, and maintaining up-to-date beneficiary designations is examined. Listeners learn how clear estate planning can ensure that their legacy is transferred smoothly and according to their wishes, avoiding prolonged probate processes and unnecessary legal battles. Emergency Funds and Liquidity: The discussion wraps with practical tips on establishing and maintaining an emergency fund. This liquidity serves as a financial cushion to address unexpected expenses without derailing long-term goals. Throughout this episode, real-world scenarios underscore the consequences of neglecting these fundamentals and demonstrate how proactive planning can secure financial stability for individuals, families, and business owners alike. The insights provided here offer a clear roadmap to fortify your financial foundation against life’s uncertainties. For further insights on these topics, explore a wealth of resources at: https://deantellone.com/ https://deantellone.org/ https://deantellone.net/ https://dinotellone.com/…

1
The Role of Private Mortgage Lending in Today’s Market 1:14:12

18 weeks ago1:14:12

1:14:12

This episode explores the unique role of private mortgage lending in today’s evolving financial landscape. Mastering Finance with Dean Tellone explains what private mortgage lending is and how it differs from traditional bank loans, highlighting its flexible criteria, faster turnaround, and short-term nature. Dean Tellone outlines why borrowers—from first-time homebuyers and real estate investors to self-employed business owners and high-net-worth individuals—might choose private lenders when conventional financing isn’t an option. The discussion covers key components such as collateral valuation (including after-repair value), the trade-offs of higher interest rates and fees, and the importance of planning an exit strategy. Listeners gain insights into market trends and real-world examples that show how private lending fills the gap during tight credit cycles or in competitive real estate markets. The episode also examines the impact of technology and evolving regulations on the private lending sector. With actionable tips for both borrowers and investors, this episode provides practical advice for navigating the alternative financing landscape and making informed decisions. If you found these insights useful, please like, comment, and subscribe for more expert financial guidance from Mastering Finance with Dean Tellone . For further insights on these topics, please visit: https://deantellone.com/ https://deantellone.org/ https://deantellone.net/ https://dinotellone.com/…

1
How Real Estate Prices Will Evolve: Market Trends and Predictions 53:23

20 weeks ago53:23

53:23

This episode delves into how real estate prices may evolve by breaking down the key factors that drive market trends. Mastering Finance with Dean Tellone examines the roles of supply and demand, interest rates, inflation, economic growth, and government policies in shaping both residential and commercial markets. Listeners will gain a clear overview of how these fundamentals interact to create cyclical booms and busts, and what historical trends—from the housing bubbles and crashes to the recent pandemic surge and cooldown—can teach us about the future. The discussion begins with an analysis of supply and demand dynamics and the impact of low inventory and high buyer competition versus oversupply during economic downturns. It then explores how fluctuating interest rates can influence borrowing costs and buyer behavior, offering real-world examples from recent market shifts. The episode also covers inflation’s dual role in increasing building costs while prompting central banks to adjust rates, and it highlights how robust economic growth can boost market demand. Listeners will also learn about the influence of government policies, including tax incentives and zoning regulations, on property values and development. By comparing residential and commercial trends, the episode provides tailored insights for first-time homebuyers, real estate investors, commercial property owners, and high-net-worth individuals. Whether it’s understanding affordability in a tight market or recognizing the challenges of office space in the remote work era, the analysis offers a comprehensive look at where the market might be headed. Finally, expert predictions suggest that while dramatic nationwide crashes are unlikely without major economic shocks, steady, modest price changes are on the horizon. Actionable tips are provided to help buyers, investors, and property owners navigate the evolving market with confidence. If you find these insights valuable, please like, comment, and subscribe for more expert guidance from Mastering Finance with Dean Tellone . If these insights resonate with you and you’d like to dive deeper into real estate market trends and predictions, explore additional expert perspectives at: https://deantellone.com/ https://deantellone.org/ https://deantellone.net/ https://dinotellone.com/…

1
Mortgage Lending Insights: What You Need to Know Before You Borrow 48:24

21 weeks ago48:24

48:24

In Episode 8 of Mastering Finance with Dean Tellone , mortgage lending is demystified through clear, jargon-free insights that cater to first-time homebuyers, refinancers, investors, and business owners alike. This episode covers the basics of loan types—explaining the differences between conventional and government-backed options—along with an in-depth look at fixed-rate versus adjustable-rate mortgages and how interest rates, credit scores, and down payments influence borrowing. Real-world examples illustrate recent market trends and show how shifts in interest rates have affected borrowers' decisions. Listeners are provided with a comprehensive walkthrough of the entire mortgage process—from preparing finances and obtaining pre-approval to navigating processing, underwriting, and closing. Additionally, a practical checklist is shared, detailing steps to take before applying for a mortgage and common pitfalls to avoid, ensuring a smoother and more informed borrowing experience. If you’re planning to buy or refinance a home, this episode offers the essential insights needed to make smart, confident mortgage decisions. Please like, comment, and subscribe for more expert financial guidance from Mastering Finance with Dean Tellone . Expand your mortgage lending knowledge and discover additional resources at: https://deantellone.com/ https://deantellone.org/ https://deantellone.net/ https://dinotellone.com/…

1
Lifestyle & Finances: Balancing Wealth and Well-Being 28:51

22 weeks ago28:51

28:51

This episode explores the crucial interplay between financial success and personal well-being. Mastering Finance with Dean Tellone examines how managing wealth can—and should—support a healthy, fulfilling life. The discussion covers key topics such as setting work-life boundaries, spending intentionally on experiences rather than accumulating more possessions, and achieving financial freedom without undue stress. Real-world examples and industry insights illustrate why many today are willing to sacrifice a higher paycheck for a better quality of life, and how balanced financial habits can enhance overall productivity and happiness. Listeners will gain practical strategies for aligning their spending and savings with personal values, creating budgets that account for both essential expenses and meaningful experiences, and establishing a lifestyle that supports long-term financial stability. If these insights resonate with you, please like, comment, and subscribe on YouTube for more valuable tips from Mastering Finance with Dean Tellone . Elevate your path to a balanced life by exploring more insights and practical advice on aligning wealth with well-being at: https://deantellone.com/ https://deantellone.org/ https://deantellone.net/ https://dinotellone.com/…

1
Money Management: The Key to Long-Term Financial Stability 35:08

22 weeks ago35:08

35:08

In this episode of Mastering Finance with Dean Tellone , Dean explores the four pillars of smart money management—budgeting, saving, investing, and debt management. He explains how creating a solid budget gives every dollar a purpose, how consistent saving builds a crucial safety net, and how investing wisely allows your money to grow over time, even in the face of inflation. Dean also discusses the importance of managing debt effectively, sharing real-life examples that show how poor cash management can derail even the best financial plans. Discover practical tips—from tracking your spending and automating savings to employing strategies for tackling high-interest debt—that you can implement today to build lasting financial stability. If these insights resonate with you, please like, comment, and subscribe for more financial wisdom from Dean Tellone . Enhance your personal finance toolkit and uncover further strategies for lasting financial stability by checking out these trusted resources: https://deantellone.com/ https://deantellone.org/ https://deantellone.net/ https://dinotellone.com/…

1
Tax Resources Explained: Maximizing Deductions and Avoiding Pitfalls 27:02

22 weeks ago27:02

27:02

In this episode of Mastering Finance with Dean Tellone , Dean takes you through the essential tax resources available for individuals and businesses. He explains how to navigate IRS tools, reliable tax preparation software, professional advisors, and reputable online platforms to make your tax filing process smoother. You'll learn practical strategies to maximize your deductions—whether it’s by staying organized throughout the year, knowing which credits apply to your situation, or timing your expenses for the best tax outcome. Dean also highlights common pitfalls to avoid, such as rushing your return or misreporting income, and shares actionable insights that help you keep more of your hard-earned money. If you’re looking to demystify tax season and build a smarter approach to your financial planning, this episode is a must-listen. If you find these tips useful, please like, comment, and subscribe for more financial wisdom from Dean Tellone . Unlock additional tax-saving strategies and deepen your understanding of tax resources with expert guidance at: https://deantellone.com/ https://deantellone.org/ https://deantellone.net/ https://dinotellone.com/…

1
Tax Planning Strategies: How to Reduce Liabilities and Save More 57:51

23 weeks ago57:51

57:51

Welcome back to Mastering Finance with Dean Tellone ! In Episode 4, "Tax Planning Strategies: How to Reduce Liabilities and Save More," Dean Tellone explains practical techniques that can help you minimize your tax burden and keep more of your hard-earned money. He covers essential strategies for individuals and families, such as boosting retirement contributions and leveraging Health Savings Accounts, while also breaking down valuable tips for business owners and investors—like deducting legitimate expenses, optimizing your business structure, and using tax-loss harvesting effectively. With clear real-world examples and straightforward insights, this episode equips you with a toolkit to turn tax challenges into opportunities for financial growth. If you find these strategies useful, please like, comment, and subscribe on YouTube for more financial wisdom from Dean Tellone . Enhance your tax planning strategy by exploring more expert insights and practical guides at: https://deantellone.com/ https://deantellone.org/ https://deantellone.net/ https://dinotellone.com/…

1
The Power of Insurance: Safeguarding Your Assets and Loved Ones 26:32

23 weeks ago26:32

26:32

Join Dean Tellone in this episode of Mastering Finance with Dean Tellone as he dives into the vital role insurance plays in protecting your financial future. Dean explains how insurance acts as a safety net when life throws an unexpected curveball—whether it's securing your family's well-being with life and health insurance, protecting your property through homeowners or auto coverage, or shielding your business with liability and specialized policies. In clear, straightforward terms, Dean walks you through the different types of insurance, sharing real-world examples that illustrate why each one matters. You'll discover how having the right coverage can mean the difference between a temporary setback and a financial catastrophe, and learn practical tips to assess and improve your own protection. If you find this episode helpful, please like, share, and subscribe on YouTube for more valuable insights from Dean Tellone . Tune in now and learn how to use the power of insurance to safeguard what matters most. Expand your understanding of insurance and risk management by exploring additional expert insights and practical resources at: https://deantellone.com/ https://deantellone.org/ https://deantellone.net/ https://dinotellone.com/…

1
Estate Planning 101: How to Protect Your Wealth for Generations 54:40

23 weeks ago54:40

54:40

Step into a deep dive with Dean Tellone as he unpacks the essentials of estate planning—an often-overlooked strategy that’s crucial for everyone, not just the ultra-wealthy. In this engaging episode, Dean demystifies the core tools of estate planning, from creating a will and setting up trusts to navigating tax-efficient wealth transfers and avoiding probate. He explains how a well-structured estate plan can safeguard your assets, honor your personal wishes, and prevent unwanted legal battles that could erode your legacy. Through relatable, real-world examples—including cautionary tales like those from the Vanderbilt family and success stories like the Rockefeller legacy— Dean invites you to reflect on your own plans and ask, “Am I truly protecting what I’ve worked so hard to build?” Grab a cup of coffee, get comfortable, and join the conversation as you learn actionable strategies to ensure that your wealth and values are passed on to future generations just the way you intend. Enhance your legacy planning toolkit by exploring additional expert advice and practical resources at: https://deantellone.com/ https://deantellone.org/ https://deantellone.net/ https://dinotellone.com/…

1
Retirement Planning: Securing Your Future with Smart Financial Decisions 41:01

23 weeks ago41:01