Feeling overwhelmed by your business finances? In this week's episode of Jet Setting Wealth Advisory, David speaks with Borbala Banto, CPA and founder of Concierge CPAs, a boutique advisory and accounting firm helping business owners across 23 states gain control, clarity, and freedom. Borbala shares how her firm blends tax strategy, CFO services, and holistic advisory to help entrepreneurs make stress-free, profitable decisions. She also discusses her book, 57 Ways to Grow Your Business, and actionable strategies for S Corp elections, retirement plans, and business entity structuring. Key Takeaways:→ Why regular advisory CPA meetings transform small business decision-making.→ How strategic tax planning impacts profitability and cash flow.→ The importance of structuring business entities correctly for maximum benefits.→ Creating a holistic financial strategy that integrates personal and business goals.→ Practical examples of resolving accounting discrepancies and improving long-term business outcomes. More from Borbala Banto and Concierge CPAs: Website: https://conciergecpas.com/LinkedIn: https://www.linkedin.com/in/borbalabanto/Facebook: https://www.facebook.com/ConciergeCPAs Engage with David T. Yu: Connect on LinkedIn, Instagram, & Facebook Sign up for our newsletter or book a call! Visit: DTY Wealth Planning Solutions Learn more about your ad choices. Visit megaphone.fm/adchoices

Is your company’s financial function holding back growth?  This week on Jet Setting Wealth Advisory, David T. Yu speaks with Ted Rose, MBA, CPA, and CEO of Rose Financial Solutions. Ted shares his journey from Pricewaterhouse to founding a pioneering finance-as-a-service firm, transforming traditional accounting into a strategic growth engine. Learn how his AI-enabled platform, Easby, helps CEOs and CFOs make faster, more informed decisions while maintaining compliance and operational efficiency. Key Takeaways: → Understanding finance as a service and how it differs from traditional outsourcing  → Avoiding common financial pitfalls that derail growth during funding rounds, acquisitions, and scaling → Leveraging AI and workflow automation to make financial processes more transparent and actionable → The importance of financial clarity across the organization to empower leadership and teams  → How strategic financial planning and technology integration can save time, reduce costs, and enhance decision-making More from Ted Rose and Rose Financial: Website: rosefinancial.com LinkedIn: linkedin.com/in/rosefinancial Facebook: facebook.com/RoseFinancial Engage with David T. Yu: Connect on LinkedIn, Instagram, & Facebook Sign up for our newsletter or book a call! Visit: DTY Wealth Planning Solutions Learn more about your ad choices. Visit megaphone.fm/adchoices

Ever wondered what it’s really like to be audited by the IRS? On this week's episode of Jet Setting Wealth Advisory, David T. Yu speaks with Romeo Razi, CPA, former IRS agent, and founder of TaxedRight, who shares his rare insider perspective on audits, compliance, and strategies for small business owners and high-income earners. Drawing from his experience on both sides of the audit table, Romeo explains how to approach IRS letters with confidence, avoid common mistakes, and implement tax strategies that reduce risk while keeping more of your earnings. He also shares insights from his newsletter, TaxTicker, which translates complex tax topics into practical advice for entrepreneurs and investors. Key Takeaways: → The biggest mistake taxpayers make is representing themselves in an IRS audit→ Understanding the IRS process and audit triggers can drastically reduce stress and exposure→ Small business owners often make costly errors with deductions→ Having proper representation can turn an adversarial audit into a manageable process→ Staying proactive and informed empowers business owners to make smarter financial decisions More from Romeo Razi and TaxedRight: Email: romeo@taxedright.comWebsite: taxedright.comLinkedIn: linkedin.com/in/romeo-raziFacebook: facebook.com/taxedrightTwitter (X): x.com/RomeoRazi Engage with David T. Yu: Connect on LinkedIn, Instagram, & Facebook Sign up for our newsletter or book a call! Visit: DTY Wealth Planning Solutions Learn more about your ad choices. Visit megaphone.fm/adchoices

Ready to take your travel experience to the next level?  In the latest episode of Jet Setting Wealth Advisory, David T. Yu is joined by James Butler, CEO of Shaircraft Solutions, a leading private aviation consulting firm. James, a recognized expert in the private air travel industry, shares his insights on fractional jet ownership, jet cards, and charter agreements, revealing strategies that can help travelers save money and make smarter decisions in the skies. With over 25 years of experience, James guides clients through the complexities of private air travel, ensuring that they get the best deal, maintain security, and maximize their travel experience. Key Takeaways:→ Understand the differences between fractional ownership, jet cards, and charter agreements→ How to avoid common mistakes in private aviation deals→ How to negotiate the best terms and ensure you're maximizing your investment → The importance of understanding the total cost of private aviation→ How to ensure you’re flying on the right aircraft that fits your needs, budget, and lifestyle More from James Butler and Shaircraft Solutions: Email: jbutler@shaircraft.comWebsite: shaircraft.comLinkedIn: www.linkedin.com/in/jamesdbutlerFacebook: www.facebook.com/ShaircraftSolutionsTwitter (X): x.com/shaircraft Engage with David T. Yu: Connect on LinkedIn, Instagram, & Facebook Sign up for our newsletter or book a call! Visit: DTY Wealth Planning Solutions Learn more about your ad choices. Visit megaphone.fm/adchoices

Is it time to rethink how you approach financial planning? In this episode of Jet Setting Wealth Advisory, David T. Yu speaks with Beth Goldstein, Owner of Goldstein Tax Advisors, and Barry Kaufman, CPA & Partner, about proactive strategies for high-income earners and business owners. From navigating the complexities of W2 income and equity compensation to maximizing deductions on real estate investments, Beth and Barry share their client-first approach to building long-term financial relationships. With insights ranging from charitable giving to cost segregation and 1202 stock sales, they show how strategic planning and the right team can reduce stress and multiply results. Key Takeaways:  → Don’t wait until April - year-round planning delivers the best results  → W2 earners and equity-compensated employees have more options than they realize  → Real estate investors can unlock powerful savings with depreciation and cost segregation  → Charitable giving strategies like bunching can significantly increase deductions  → The right CPA team provides not just compliance, but confidence and relief More from Goldstein Tax Advisors: Email: tax@goldsteintaxadvisors.com Website: www.goldsteintaxadvisors.com LinkedIn: www.linkedin.com/company/goldstein-tax-advisors/people Engage with David T. Yu: Connect on LinkedIn, Instagram, & Facebook Sign up for our newsletter or book a call! Visit: DTY Wealth Planning Solutions Learn more about your ad choices. Visit megaphone.fm/adchoices

Are you ready to shift from simply paying taxes to multiplying your wealth and building an abundant lifestyle? In this episode of Jet Setting Wealth Advisory, David T. Yu is joined by Jeff Badu, licensed CPA, parallel entrepreneur, and wealth multiplier. As founder and CEO of Badu Tax Services, Jeff leads a premier CPA firm serving over 3,000 clients across all 50 states and 25 countries. From his roots in Ghana to building a multinational enterprise, Jeff shares how proactive planning, financial education, and the right mindset empower business owners and high-income earners to reduce tax liability and create long-term wealth. Key Takeaways: → Mindset is everything - abundance starts with desire, not resources → Tax planning saves money; tax preparation only keeps you compliant → Everyday expenses can be leveraged as powerful business deductions → Real estate offers ongoing opportunities for cash flow and tax shelters → Education is the key to making informed financial decisions   More from Jeff Badu and Badu Tax Services: Call/Text: 773-819-5675 Website: http://jeffbadu.com/LinkedIn: linkedin.com/in/jeffbadu/Facebook: facebook.com/badutaxservices/Instagram: instagram.com/badutaxservices/ Engage with David T. Yu: Connect on LinkedIn, Instagram, & Facebook Sign up for our newsletter or book a call! Visit: DTY Wealth Planning Solutions Learn more about your ad choices. Visit megaphone.fm/adchoices

Are you missing out on tax strategies that could be fueling your business growth and building long-term wealth? In this episode of Jet Setting Wealth Advisory, David T. Yu sits down with James Rainwater, CEO & Chief Tax Strategist of Rainwater.CPA, a boutique tax advisory firm serving seven- to eight-figure business owners. With a background spanning national CPA firms, private industry, and CFO roles, James brings a unique blend of real-world operational insight and deep tax strategy expertise. He shares actionable ways to reduce tax burdens legally, from core planning fundamentals to advanced strategies, while emphasizing clear communication and personalized solutions that make taxes easier to understand. Key Takeaways:  → Knowing is better than not knowing: clarity on your tax bill drives smart planning  → Proactive tax planning fuels business growth and long-term wealth  → Strong communication with your CPA helps avoid costly mistakes and audit traps  → Leverage tax-advantaged accounts like 529 plans, HSAs, and innovative strategies like the Augusta Rule  → Hiring kids for legitimate work can create powerful tax savings More from James Rainwater and Rainwater.CPA: Email: james@rainwatercpa.com Website: rainwatercpa.com/ LinkedIn: www.linkedin.com/in/jrainwater/ Facebook: www.facebook.com/Rainwater.CPA/ Engage with David T. Yu: Connect on LinkedIn, Instagram, & Facebook Sign up for our newsletter or book a call! Visit: DTY Wealth Planning Solutions Learn more about your ad choices. Visit megaphone.fm/adchoices

Are you ready to stop overpaying the IRS and finally take control of your tax strategy—without the confusion and guesswork? In the latest episode of Jet Setting Wealth Advisory, David T. Yu sits down with Mike Jesowshek, CPA, founder of TaxElm and host of the Small Business Tax Savings Podcast. With a passion for simplifying complex tax strategies, Mike has helped thousands of entrepreneurs reduce their tax burdens legally and efficiently. Together, they unpack the misconceptions around tax planning, the difference between filing and true strategy, and how small business owners can start maximizing deductions immediately. Whether you're just getting started or earning seven figures, Mike's practical approach to tax mitigation offers massive value you can implement today. Key Takeaways:→ Tax planning isn’t cheating, it’s using government incentives the way they were intended → Learn the difference between tax filing and proactive, year-round tax strategy → Maximize deductions by shifting after-tax spending into pre-tax business expenses → Implement core strategies like the Augusta Rule, hiring your kids, and board meetings → Use tools like Tax Elm to build a blueprint, stay compliant, and save thousands More from Mike Jesowshek and TaxElm: Email: ask@taxsavingspodcast.comWebsite: taxelm.com/LinkedIn: www.linkedin.com/in/mikejesowshek Instagram: www.instagram.com/taxsavings/ Engage with David T. Yu: Connect on LinkedIn, Instagram, & Facebook Sign up for our newsletter or book a call! Visit: DTY Wealth Planning Solutions Learn more about your ad choices. Visit megaphone.fm/adchoices

Are you ready to discover the secrets behind maximizing tax savings, building strong client relationships, and mastering the art of effective communication in the world of finance and entrepreneurship? In this episode of Jet Setting Wealth Advisory, David T. Yu is joined by accounting professional and Managing Member of PRP & Associates, LLC, Paul Pahoresky. David engages in a dynamic conversation with Paul, shedding light on the transition from corporate finance to entrepreneurship. Paul's insights, inspired by books like "The Lean Startup" by Eric Ries and podcasts such as "How I Built This" with Guy Raz, offer a fresh perspective on owning a business. By emphasizing the importance of balance and community involvement, Paul's approach to financial services stands out in the industry, setting a high standard for client relationships and tax optimization strategies. Key Takeaways: → Embrace business ownership without letting it consume you. → Explore new financial partnerships for better service and responsiveness. → Simplify accounting systems for better financial management. → Plan ahead with tax advisors for a smoother tax season. → Prioritize client communication through newsletters, emails, and phone calls. More from Paul Pahoresky and PRP & Associates, LLC:Email: Paul@PRPAssoc.comWebsite: www.prpassoc.com/LinkedIn: linkedin.com/in/paul-pahoresky Engage with David T. Yu:Connect on LinkedIn, Instagram, & FacebookSign up for our newsletter or book a call!Visit: DTY Wealth Planning Solutions Learn more about your ad choices. Visit megaphone.fm/adchoices

How do you keep millions of passengers safe in the sky—and what happens when the future of flight includes no pilot at all?  In this episode of Jet Setting Wealth Advisory, David T. Yu speaks with Captain John Cox, a renowned aviation safety expert with over 55 years of experience. Captain Cox has shared his expertise through Safety Operating Systems, shaping safety management systems globally. He emphasizes the importance of safety culture and the challenges faced by the aviation industry in integrating unmanned vehicles into airspace. Key Takeaways: → Safety Management Systems (SMS) are crucial in reducing accidents and are increasingly adopted across various sectors. → Consistent funding for aviation safety is essential to address technological advancements and maintain critical infrastructure. → The integration of unmanned vehicles, like drones, poses significant challenges due to evolving technology outpacing regulatory frameworks. → Enhanced pilot training and the expansion of safety management systems are vital for continuously improving aviation safety. → Captain John Cox's work continues to shape safety standards in the aviation industry, promoting a safer environment for all. More from John Cox and Safety Operating Systems: Email: jcox@safeopsys.com Website: www.safeopsys.com/ LinkedIn: www.linkedin.com/in/john-cox-9996251/ Engage with David T. Yu: Connect on LinkedIn, Instagram, & Facebook Sign up for our newsletter or book a call! Visit: DTY Wealth Planning Solutions Learn more about your ad choices. Visit megaphone.fm/adchoices

Are you maximizing your tax strategy to fuel business growth? In the latest episode of Jet Setting Wealth Advisory, David T. Yu sits down with Bette Hochberger, CPA and founder of a modern, forward-thinking advisory firm. Bette reveals the power of proactive tax planning, sharing how her firm helps entrepreneurs, small businesses, and real estate investors optimize their finances. With a focus on cloud-based accounting and fractional CFO services, Bette explains how entrepreneurs can prioritize profit, streamline their financial operations, and navigate complex tax systems—particularly in emerging industries like crypto. She also highlights key tax-saving opportunities that are often overlooked, helping businesses stay agile, future-ready, and tax-efficient. Key Takeaways:→ Proactive Tax Planning: Optimize tax benefits through proactive planning→ Cloud Technology for Efficiency: Enhance client services with cloud-first strategies→ Profit First System: Prioritize profitability for sustainable financial management→ Modernizing Accounting: Stay relevant by embracing technology→ Specialized Tax Strategies: Tailored tax advice for entrepreneurs and investors More from Bette Hochberger: Website: bettehochberger.comemail: bette@bettehochberger.com Linkedin: linkedin.com/in/bettehochbergerFacebook: facebook.com/BetteHochbergerTwitter (X): x.com/bettehochberger Engage with David T. Yu: Connect on LinkedIn, Instagram, & FacebookSign up for our newsletter or book a call! Visit: DTY Wealth Planning Solutions Learn more about your ad choices. Visit megaphone.fm/adchoices

Are you aware of the hidden legal risks lurking in your aircraft ownership and operations? In the latest episode of Jet Setting Wealth Advisory, David T. Yu is joined by David Norton, Head of the Aviation Practice at Shackelford, McKinley & Norton, LLP. David delves into the importance of aviation safety, compliance with FAA regulations, and responsible flying practices. He emphasizes the significance of understanding FAA regulations in aircraft ownership and operation to avoid illegal activities and penalties. David also highlights the financial aspects of aircraft ownership, stressing the need for strategic tax planning to prevent regulatory issues and maximize business deductions. Key Takeaways: → Understanding FAA regulations is crucial for legal compliance in aircraft ownership→ Strategic tax planning is essential for optimizing business deductions in aviation → Aspiring aviators are encouraged to pursue passion and financial independence → Norton categorizes regulatory offenders into clueless, careless, and criminal → Career guidance emphasizes finding passion and giving back in aviation More from David Norton and Shackelford, McKinley & Norton, LLP Website: https://shackelford.law/LinkedIn: https://www.linkedin.com/in/david-t-nortonFacebook: https://www.facebook.com/shackelfordmckinleynortonllpInstagram: https://www.instagram.com/shackelford.law/Twitter (X): https://x.com/_shackelfordlaw Email: DNorton@Shackelford.law Engage with David T. Yu: Connect on LinkedIn, Instagram, & FacebookSign up for our newsletter or book a call! Visit: DTY Wealth Planning Solutions Learn more about your ad choices. Visit megaphone.fm/adchoices

Are you curious about the secrets to a successful career in aviation? In this episode of Jet Setting Wealth Advisory, David T. Yu is joined by Erika Armstrong, the Director of Marketing for Advanced Aircrew Academy.  Erika's remarkable journey from a pilot at a small Minnesota airport to a prominent educator and business leader is a testament to resilience and adaptability in the ever-evolving aviation industry. Drawing from her experiences and insights shared in her best-selling memoir "A Chick in the Cockpit," Erika delves into the importance of real-world experience, having a backup plan, and the balance between a college degree and quality flight training in navigating uncertainties in aviation careers. Key Takeaways: → Erika's journey: from a small Minnesota airport to the captain's seat of corporate jets and commercial airliners → Importance of understanding personalities and organizational culture for success in aviation → Value of mentorship in aviation: avoiding mistakes, improving skills, and upholding safety and professionalism → Debate on college degree vs. flight training in aviation career development  → Transition and challenges for retired airline pilots entering corporate aviation: key considerations for success. More from Erika Armstrong and Advanced Aircrew Academy: Website: https://www.aircrewacademy.com/LinkedIn: https://www.linkedin.com/in/achickinthecockpitb727/Facebook: https://www.facebook.com/AdvancedAircrewAcademyTwitter (X): https://x.com/AircrewAcademy Engage with David T. Yu: Connect on LinkedIn, Instagram, & FacebookSign up for our newsletter or book a call!Visit: DTY Wealth Planning Solutions Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to know how pilot retirements and aircraft delays are shaping the future of aviation careers? Tune in to our latest episode as Kit Darby returns to uncover the secrets of the pilot job market and strategic career planning in the sky! In this episode of Jet Setting Wealth Advisory, David T. Yu welcomes back Kit Darby, a leading expert in pilot career development with over 40 years in the aviation industry, who provides insights into the complexities of the pilot job market through his consulting work at Kittar.com. Kit highlights the impending need for 3,500 to 4,500 new pilots annually, projecting over 80,000 job openings in the next decade. He emphasizes the impact of pilot retirements, the challenges posed by the COVID-19 pandemic, and the importance of data-driven decision-making in pilot career advocacy.  Key Takeaways: → Looming shortage of pilots: 3,500 to 4,500 new pilots needed annually due to retirements and workforce growth. → Importance of strategic fleet management: Varied pilot requirements across aircraft types necessitate robust planning. → Retirement age extension debate: Considerations on career longevity and financial benefits in aviation. → Compensation balance: Impact of employee wages on airline profitability and industry sustainability. → Kit Darby's expertise: Data-driven insights for pilots and airlines navigating the evolving job market landscape. More from Kit Darby: Website: Airline Aviation Expert Witness Services & Pilot Training Consulting LinkedIn: Kit Darby | LinkedIn Facebook: Facebook Learn more about your ad choices. Visit megaphone.fm/adchoices

Ever wondered how to navigate the highs and lows of the airline industry to secure your dream pilot career? Learn how strategic planning, perseverance, and timing can make all the difference from our expert guest, Captain Kit Darby! In this episode of Jet Setting Wealth Advisory, David T. Yu engages in an insightful conversation with Captain Kit Darby, a renowned expert in pilot career forecasting, with decades of experience at the intersection of aviation operation and workforce economics. He founded KitDarby.com Aviation Consulting to specialize in pilot career forecasting and airline industry trends, offering invaluable guidance to aspiring aviators on navigating hiring cycles and career strategies. Listen in as Kit highlights the significance of long-term career planning in the ever-evolving airline industry and details how strategic planning and perseverance can shape a successful pilot career. Key Takeaways: → Strategic planning and perseverance are key in the cyclical airline industry → Building experience during downturns is vital for career competitiveness → Seniority is crucial; quick job acquisition is key → Becoming a wide body captain boosts salary and prospects → Balance financial planning, lifestyle choices, and insurance for career security More from Kit Darby: Website: Airline Aviation Expert Witness Services & Pilot Training Consulting LinkedIn: Kit Darby | LinkedIn Facebook: Facebook Engage with David T. Yu: Connect on LinkedIn, Instagram, & Facebook Sign up for our newsletter or book a call! Visit: DTY Wealth Planning Solutions Learn more about your ad choices. Visit megaphone.fm/adchoices

Ever wondered how meticulous asset valuation can impact your tax outcomes? Tune in to discover the secrets behind optimizing wealth transfer and tax compliance with highly regarded tax and estate planning expert, Eric Lanning! In this episode of Jet Setting Wealth Advisory, host David T. Yu speaks with Eric Lanning, a highly respected counsel at Frost Law with over two decades of experience in taxation of insurance, annuity products, and estate planning. Eric shares invaluable insights into meticulous asset valuation, proactive estate planning, and the importance of tax-efficient setups such as LLCs for effective asset management. He also highlights the versatility of life insurance in tax and estate planning, emphasizing the benefits of tax-free growth and asset protection. Key Takeaways: → Detailed asset documentation and running a business correctly can help navigate tax complexities. → Proactive estate planning is crucial to prevent family disputes and ensure smooth wealth transfer. → Utilizing tax-efficient structures like LLCs can optimize asset management strategies. → Life insurance serves as a versatile tool for tax planning, offering tax-free growth and asset protection. → Staying informed about potential tax law changes is essential for effective wealth preservation and asset growth. More from Eric Lanning and Frost Law: Contact: eric.lanning@frosttaxlaw.com Website: https://floridataxattorney.com/ https://askfrost.com/our-team/eric-lanning LinkedIn: https://www.linkedin.com/in/eric-lanning-j-d-ll-m-87ab69a6/ https://www.linkedin.com/company/frostlaw/ Engage with David T. Yu: Connect on LinkedIn, Instagram, & Facebook Sign up for our newsletter or book a call! Visit: DTY Wealth Planning Solutions Learn more about your ad choices. Visit megaphone.fm/adchoices

What does it take to navigate the complexities of the aviation industry and emerge successful? Find out how the power of vision, resilience and a commitment to diversity can shape a thriving career in aviation.  In this episode of Jet Setting Wealth Advisory, David T. Yu speaks with Diana Hernandez, the founder of Login Aviation Services. Diana's path began during the 2008 financial crisis with an unexpected business opportunity in Florida, igniting a 20-year expedition from managing aircraft component sales to establishing her own thriving company. Her perspective on her journey highlights the importance of seizing opportunities and remaining open to new directions, as evidenced by her pivot from international business to the aviation industry. As an active member of the Fort Lauderdale chapter of Women in Aviation, she is dedicated to promoting diversity and inclusion, using her leadership to inspire and support emerging talent in the aviation field. Key Takeaways: → Diana's journey from managing aircraft component sales to founding Login Aviation Services showcases her vision, resilience, and passion for aviation. → Her dedication to fostering a supportive environment for women in aviation through organizations like Women in Aviation highlights her commitment to diversity and inclusion. → Diana's progression from obtaining a private pilot license to becoming an instrument-rated pilot reflects her deep understanding of the industry, fueled by her background in aircraft maintenance. → The challenges of navigating aviation regulations stress the importance of compliance, staying informed about advancements, and networking within the industry. → Login Aviation's expansion into private jet sales demonstrates their adaptability to client needs and market demand, aligning with Diana's strategic vision and client-focused approach. More from Diana Hernandez and Login Aviation: Website: https://www.loginsvc.com/ Twitter: https://twitter.com/loginaviation LinkedIn: https://www.linkedin.com/company/22340597/admin/feed/posts/ Facebook: https://www.facebook.com/loglnaviation Instagram: https://www.instagram.com/loginaviation/ Engage with David T. Yu: Connect on LinkedIn, Instagram, & Facebook Sign up for our newsletter or book a call! Visit: DTY Wealth Planning Solutions Learn more about your ad choices. Visit megaphone.fm/adchoices

Are you a business owner or an aspiring entrepreneur looking to minimize taxes, grow wealth, and avoid the most common financial pitfalls? This episode is your blueprint for building a profitable and sustainable business—without losing your mind (or your sleep). In this episode of Jet Setting Wealth Advisory, David T. Yu speaks with Michael Reeder, CPA and Managing Partner of Reeder CPA Group. Michael is a trusted advisor to franchise owners and small business entrepreneurs, known for his deep expertise in strategic tax planning, entity structuring, and creative funding strategies. With over 14 years of experience and a nationwide network of franchise consultants, Michael shares his unconventional path from college wanderer to owning the very firm that hired him out of school. From using cold showers and intermittent fasting to maintain focus to guiding clients through ROBS C-Corp structures and the SBA maze, Michael brings practical insight and infectious energy to every topic. Key Takeaways: → Bookkeeping isn’t just for taxes—it’s the foundation for strategic decision-making. → Strategic use of S-Corp elections and self-employed retirement plans can unlock major tax savings. → The Robs C Corporation structure offers a way to use retirement funds to launch a business—if used wisely. → Successful entrepreneurs prioritize low-cost living, self-discipline, and consistent routines. → SBA loans, securities-backed lines of credit, and defined benefit plans are powerful, underutilized tools for business growth. More from Michael Reeder and Reeder CPA Group: Website: https://www.reedercpagroup.com LinkedIn: https://www.linkedin.com/in/michael-reeder-cpa Engage with David T. Yu: Connect on LinkedIn, Instagram, & Facebook Sign up for our newsletter or book a call! Visit: DTY Wealth Planning Solutions Be a guest on the show: Contact Us Learn more about your ad choices. Visit megaphone.fm/adchoices

When it comes to running a successful business, having a solid financial strategy in place is crucial. Whether you're a startup or a well-established company, understanding your financial health, managing cash flow, and analyzing financials are all key components to achieving business success and sustainable growth. In this episode of Jet Setting Wealth Advisory Podcast, host David T. Yu engages in a dynamic conversation with Patricia Santayana, CPA, financial strategist, and business transformation expert. Patricia's expertise lies in unraveling financial inefficiencies and guiding entrepreneurs toward enhanced cash flow and profitability. Drawing inspiration from her family's jewelry business, Patricia brings a unique perspective to the world of finance, shedding light on the importance of understanding financial statements to drive business success. Key Takeaways: → Dive into your revenue drivers to optimize cash flow and profitability. → Tailor financial strategies based on individual business goals and aspirations. → Overcome the fear of numbers by deeply understanding financial reports. → Transform your business into a well-oiled machine by making data-driven decisions. → Achieve financial independence and success by aligning business growth with personal goals. More from Patricia Santayana: Patricia Santayana, CPA, is Delphi Advisory Services's president, specializing in helping entrepreneurs unlock their business potential. With a focus on financial assessment and strategic planning, Patricia empowers business owners to take control of their finances and achieve long-term success. Connect with Patricia: Free Download: https://www.delphiadvisoryservices.com/parts Email: patricia@delphiadvisoryservices.com Engage with David T. Yu: Connect on LinkedIn, Instagram, & Facebook Sign up for our newsletter or book a call! Visit: DTY Wealth Planning Solutions Learn more about your ad choices. Visit megaphone.fm/adchoices

Have you ever wondered how owning an aircraft could transform your financial strategy? Discover insider secrets to making your aviation passion a profitable venture. In this episode of Jet Setting Wealth Advisory, David T. Yu speaks David T. Yu speaks with Harry Daniels Jr., a Certified Public Accountant, Certified Financial Planner, and licensed private pilot with over four decades of expertise. Together, they explore the financial intricacies of aircraft ownership, tax strategies, and how to integrate aviation into your business planning. Harry also discusses highlights from his article, Making the Most of Your Aircraft Asset, and shares actionable tips for new and seasoned aircraft owners alike. Key Takeaways: →The benefits and pitfalls of aircraft leasebacks for flight schools. → How to navigate IRS passive loss rules for aviation assets. → Strategies for maximizing tax benefits through bonus and regular depreciation. → The hidden costs of aircraft ownership and how to plan for them. → Why comprehensive pre-purchase inspections and proper financial planning are essential. More from Harry Daniels Jr.: Read: "Making the Most of Your Aircraft Asset" in Planes and Pilot Magazine. LinkedIn: Harry Daniels Jr. Instagram: @DuganJoinerCPA Engage with David T. Yu: Connect on LinkedIn, Instagram, & Facebook Sign up for our newsletter or book a call! Visit: DTY Wealth Planning Solutions Learn more about your ad choices. Visit megaphone.fm/adchoices