Advanced Tax Strategies the Ultra-Wealthy Use (and How You Can Too)
Advanced Tax Strategies the Ultra-Wealthy Use (and How You Can Too)  
Podcast: Small Business Tax Savings Podcast
Published On: Wed Oct 08 2025
Description: Send us a textIf you earn over $250,000 or plan to sell a highly appreciated asset, this episode could save you hundreds of thousands in taxes. Most business owners stop at basic deductions and retirement plans, but the wealthy use strategies that go far beyond that. In this episode, we break down the five categories of advanced tax planning, when they apply, and how to use them the right way.👉 Get the Free Tax Savings Starter Kit Built for Small Business Owners: https://www.taxsavingspodcast.com/starterkit🚀 Book your free demo call today! Click here or visit: https://taxelm.com/demo/Chapters(00:00) When Advanced Tax Planning MattersWhy high-income earners and those selling appreciated assets should consider advanced strategies.(01:00) Core vs. Advanced StrategiesThe difference between foundational tax tactics available to everyone and advanced ones designed for high earners or large one-time gains.(03:10) The Government Rewards Tax PlanningHow tax incentives are built to encourage investment in business, housing, and energy projects.(05:00) The Five Categories of Advanced Tax StrategiesAn overview of the five areas where the wealthy focus their planning.(05:23) Advanced Retirement PlanningCash balance plans, mega backdoor Roths, non-qualified plans, and self-directed accounts for those already maxing out standard retirement limits.(06:24) Asset Purchase StrategiesUsing leverage and depreciation to create large year-one deductions. Example: turning a $10,000 down payment on a Turo car into a $100,000 deduction.(08:00) Asset Donation StrategiesBuying assets at a discount and donating them at full fair market value to increase charitable deductions.(09:00) Oil and Gas InvestmentsHow investors receive 80 to 90 percent year one deductions through intangible drilling costs and depletion allowances.(10:14) Captive Insurance CompaniesCreating your own insurance company to protect your business while shifting income into a tax-advantaged structure.(11:16) What to Consider Before Using Advanced Strategies Material participation requirements, IRS scrutiny, vendor due diligence, and understanding investment or loan obligations.(14:00) Finding the Right FitWhy working with a tax strategist helps you find the combination of strategies that fits your goals.Podcast Host:Mike Jesowshek, CPA – Founder and Host of Small Business Tax Savings PodcastJoin TaxElm: https://taxelm.com🚀 Visit:  https://www.TaxSavingsPodcast.com 🚀 Check Out TaxElm: https://taxelm.com/🚀 Join our Free Facebook Group: https://www.facebook.com/groups/taxsavings/🚀 YouTube: www.TaxSavingsTV.com👋🏼 GET IN TOUCHYou can Tweet @MJesowshek with any feedback, ideas, or thoughts about the lessons you've learned from the episodes. We want to thank you personally for tuning in 🙏🙏 LEAVE A REVIEWIf you enjoy the podcast, please leave a 5-star review on Apple Podcasts or Spotify—it helps more business owners find the show ⭐🎙 ABOUT THE PODCASTThe Small Business Tax Savings Podcast is your go-to resource for cutting-edge tax strategies to help entrepreneurs legally slash their tax bills. Hosted by Mike Jesowshek, CPA, this show breaks down complex tax topics into clear, no-fluff insights so you can keep more of you