What’s the difference between tax preparation and tax planning?

Believe it or not, knowing the difference can help you navigate (the often dreaded) tax season!

In this episode, Ryan Poterack reveals why tax planning is a year-round process. He talks about the contrast between tax preparation and tax planning while emphasizing the value of taking proactive steps for your future tax years.

Ryan discusses: 

• Reasons you should pay your taxes as soon as you get them
  
• The options available when you need help with your taxes
  
• The advantages of paying taxes through strategies like donor-advised funds and Roth conversions
  
• His unique approach to tax refunds and checks
  
• The importance of working with a wealth manager who focuses on tax planning and mitigation 
  
• And more!
  

Resources:

• “Making it Count: Life Isn’t Lived On a Spreadsheet” by Ryan Poterack
  

Connect with Ryan Poterack: 

• LinkedIn: Ryan Poterack
  

Connect with Poterack Capital Advisory: 

• Poterack Capital Advisory
  
• Meet the team at Poterack Capital Advisory
  
• LinkedIn: Poterack Capital Advisory
  
• Facebook: Poterack Capital Advisory
  
• X (formerly Twitter): Poterack Capital Advisory
  
• 704-366-5776