In Episode 6 of Building Wealth From Scratch, Jerry and Bianca break down what tax planning actually is, and why it’s one of the most overlooked strategies for building real wealth.
They walk you through the costly mistake of treating tax season like a once-a-year panic, and instead reveal how proactive planning (especially in September) can save you thousands come April.
Whether you’re a small business owner, a high-income household, or just starting to understand your tax picture, this episode gives you the tools to make smarter decisions with your money.
You’ll also hear updates from Jerry and Bianca’s personal journey, like Bianca starting her Master’s in Accountancy, Jerry’s take on new tax law changes, and a sneak peek at their upcoming podcast tour.
💡 Topics Covered:
What real tax planning looks like (hint: don't wait until next year)
Why September is the month to plan ahead
The cost of big refunds (and what to do instead)
Common small business tax mistakes
OBBBA tax updates
529 plans, auto loan interest deductions, and standard deduction changes
Why your tax preparer and financial advisor should always talk
The personal side of wealth building: education, transformation, and planning with purpose