MDRN Wealth

<p>If you're a solo business owner running an S-corp and haven’t paid yourself a salary yet, this episode is for you! We’re breaking down how to run a one-time payroll (salary) at the end of the year, how to incorporate...

<p>We’re almost at the end of the year, and if you’re like many solo business owners—whether you’re running a sole proprietorship, LLC, or an LLC taxed as an S-corp—let’s be honest: you’ve probably done little to no tax...

<p>The election is officially behind us, and with not only a Trump victory but also a complete Republican sweep of the House and Senate, what does this mean for taxes? Today, we’re breaking down everything you need to...

<p>In this episode, we dive into the strategy of tax loss harvesting as year-end approaches. Learn how to strategically sell underperforming investments to capture losses, offset gains, and potentially reduce your...

<p>The Federal Reserve has finally cut interest rates for the first time in four years. This past week, the Fed announced a rate cut of 50 basis points (0.50%), lowering the effective federal funds rate from 5.33% to...

<p>Today, we're breaking down the "House-Rich, Cash-Poor" epidemic. In the United States, a large number of retirees have most of their wealth tied up in their primary residence, with very little left in liquid savings...

<p>I want you to take a moment to think about how you can generate tax-free wealth for your kids. For most people, two primary vehicles come to mind: the first is a Roth IRA, and the second is a 529 account.</p> <p>But...

<p>The Mega Backdoor Roth is one of the most powerful strategies you can use to potentially contribute over $69,000 into a Roth IRA. But did you know that you can set this up in a Solo 401(k)? This week, we are going to...

<p>We’re going to break down the most optimal structure and system for managing your wealth. If you're wondering whether you should have trusts, LLCs, or what assets should be placed in these structures, we’ll cover it...

<p>When the Tax Cut and Jobs Act imposed the 10k SALT deduction limit, states with high taxes, like California, were outraged. Their taxpayers faced significantly higher federal tax bills. As a workaround, the...

<p>Short-Term Rentals (STRs) are one of the few ways to gain exposure to real estate as a non-real estate professional while taking advantage of some of the incredible tax benefits that real estate offers. However...

<p>First-round pick of the 2024 NFL Draft, Caleb Williams, makes headlines for wanting to do some "creative" tax planning with his NFL money. We're breaking it down!</p> <p><br></p> <p>Key Topics:</p> Breaking Down the...

<p>Making money is one thing; building wealth is another. In this episode, we break down how high-income individuals can go from rich to wealthy. From the mental side of the game to how to approach saving, we've got you...

<p>There are many different places to put your money to ensure you build wealth. But with all these options, how do you know which one to pick? How do you know which ones to prioritize over others? Today, we're giving...

<p>This is a tax that is going to blindside a lot of people, and it’s shocking how many new clients I work with have no idea what it is. Net Investment Income Tax was intended to tax the investment income of high-income...