What Elections, the 4th Quarter and the Planned Tax Shake-up Mean for Advisors with Debra Taylor (Ep. 74)

Breakthrough Advisor

What is the real impact of the upcoming election on effective tax planning for advisors? Are you thinking ahead, or just sprinting to the finish line each December?

In this episode, Jack Martin chats with Debra Taylor, CPA, PFS, CDFA®, JD, about making tax planning a year-round effort. Instead of rushing every Q4, you’ll learn how regular tax strategy can ease the year-end crunch. Debra shares insightful solutions for unexpected financial events and strategic planning tips to tackle upcoming tax law changes. Get ready for actionable tips that could save your clients – and maybe even yourself – a significant amount in taxes down the road!

Debra discusses:

• (02:31) How tax planning year-round reduces Q4 pressure
• (03:09) Planning for unpredictable life changes
• (03:56) Upcoming estate tax changes and planning ahead
• (11:48) Engaging clients in post-election tax discussions
• (13:02) Asset location and its tax implications
• (19:00) Strategies for multi-generational wealth transfer
• (23:11) Hosting events to engage the next generation
• And more

Tune in and discover how using tax strategies all year can benefit you and your clients!

Resources:

• Winning at the Intersection of Annuities and Wealth Management
• Make Tax Planning Your 2024 Business Growth Accelerator with Debra Taylor (Ep. 66)
• Transcript

Connect With Debra Taylor CPA, PFS, CDFA®, JD:

• Taylor Financial Group
• LinkedIn: Debra Taylor

Connect with Jack Martin:

• LinkedIn: Jack Martin
• InsurMark
• Contact Form

About Debra Taylor:

Debra Taylor, CPA, PFS, CDFA®, JD, is the Founder, Wealth Advisor, and Lead Tax Planner of Taylor Financial Group, LLC, a full-service, woman-owned wealth management firm located in Franklin Lakes, NJ.

Debra’s passion is in educating and empowering women and their families to take control of their future, advising in all areas, including investment management, insurance solutions, complex tax planning, retirement planning, and estate planning.

Debra has won many industry honors. She has authored hundreds of articles, is the author of a book about industry best practices, lectures on behalf of the AICPA, and is often quoted in national publications such as Barrons, The Wall Street Journal, and various trade publications. She is a frequent lecturer at national conferences and is the Director of Practice Management for Horsesmouth, an online trade publication for financial planners. She has also hosted a weekly Radio Show “Wealth Matters,” offering financial tips to the New York City/Northern New Jersey Area.

Debra is a Certified Public Accountant and a retired attorney, having graduated from Cornell Law School. Debra is also a Certified Divorce Financial Analyst, having received specialized training in professional divorce analysis. Debra holds her Series 6, 7, 24, 63, and 72 securities registrations as well as her Life and Health Insurance licenses in the State of New Jersey.

Debra lives in Upper Saddle River, NJ with her husband, dog, and cat. She is also the proud mother of three children. Debra enjoys time with her family, exercising, traveling, and reading.

The post What Elections, the 4th Quarter and the Planned Tax Shake-up Mean for Advisors with Debra Taylor (Ep. 74) first appeared on Simplicity InsurMark.