Monthly Archives: September 2020

Feature Image

Episode 6 – How to Avoid Paying Capital Gains



Decreasing a gain may sound counterintuitive, but decreasing capital gains can actually save you money in taxes. 

In this episode, Barry Watts and Eric Burlison dive into capital gains and possible strategies to decrease this tax. Discover the impact this can have on your taxes along with depreciation and appreciation.

In this episode you will learn:

  • What capital gain is
  • How taxes influence and are influenced by capital gain
  • How depreciation and appreciation impact your capital gain
  • How you can utilize the general power of attorney
  • And more!

Tune in to discover tax savings and capital gain decreasing strategies!

Resources: SavingYouTaxes.com | J. Barry Watts | Eric Burlison

 


Feature Image

Episode 5 – Why Saving Money in Taxes Is Better Than Making Money



How much are you currently losing from taxes? How much would you have to earn to keep that money?

In this episode, Barry Watts is joined by Eric Burlison to discuss the importance of saving the money you earn instead of paying it in taxes. They dive into how taxes can influence your true earnings and how saving the money you’ve already made is better than making more money.  

In this episode, you will learn:

  • Why saving the money you already make is better than earning more money
  • The benefits of employing tax strategies
  • Tax strategies that can save you money
  • How you can save more
  • And more!

Tune in to learn why you should focus on saving money in taxes vs. earning more money.

Resources: SavingYouTaxes.com