Capturing Tax Deductions on Money You Are Already Spending (Ep. 3)
Tax planning for future income can be a great start to tax savings. But what if you could start tax planning today and save on money you are already spending?
Listen in as Ken New speaks with Ryan Foncannon, MBA, managing partner at S.W.A.N. They explore advanced tax deduction strategies focused on the money you are already spending and how to turn that spending into tax savings. They emphasize collaboration between tax professionals and financial advisors, education for clients, and the potential for significant tax savings
Ken and Ryan discuss:
- How can one capture tax deductions on money that is already being spent
- When can food and travel expenses be utilized for business purposes
- How do tax deductions differ from tax credits
- What are some examples of tax credits available for businesses and individuals
- Have you heard of the Augusta rule? Or the three martini rule?
- And more
Connect with Ryan K. Foncannon:
Connect with Ken New:
- (321) 454-3623
- LinkedIn: Ken New
- Pinnacle Financial Wealth Management
About our Guest:
Ryan Foncannon is a Managing Partner at S.W.A.N. Virtual Family Office (VFO), a multi-disciplinary firm that provides a family office experience for affluent clients and business owners. With over 14 years of experience in the financial services industry, Ryan has earned the Series 65 and the National Social Security Advisor credentials, as well as the Certified Long-term Care designation. He is also an Advanced Tax Reduction Strategist at Estate Planning Team, where he helps clients implement the Deferred Sales Trust™, a tax-deferral strategy for highly appreciated assets.
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