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The #1 Tax Planning Mistake That’s Costing Business Owners Thousands
The Wealth Planning Podcast with Brister Law
8 minutes
2 months ago
The #1 Tax Planning Mistake That’s Costing Business Owners Thousands
Most people think April is tax season—but by then, it’s too late. April is just filing season. True wealth is built by planning before December 31st, not scrambling with a shoebox of receipts in April.
In this episode of The Wealth Planning Podcast, Anthony Brister, tax and asset protection attorney, breaks down why wealthy people plan early, the costly mistakes of waiting, and how proactive strategies like cost segregation, Roth conversions, and proper entity structuring can save you tens of thousands of dollars.
Don’t wait until the IRS tells you how much you owe. Take control, play offense, and keep more of what you earn.
Timestamps
0:00 – The biggest tax planning question: When do the wealthy plan?
0:11 – Why April is not “tax season” but filing season.
0:44 – Filing is history; planning is strategy.
1:29 – Chaos box of receipts vs. proactive digital planning.
2:14 – The dangers of waiting: lost deductions and missed strategies.
3:00 – Filing ≠ planning: why April planning fails.
3:41 – Procrastination is a hidden tax.
4:01 – Case study: two clients, same income—$30K tax swing.
5:58 – April is for amateurs; December is for professionals.
7:03 – Why the IRS loves procrastinators (and how to stop funding them).
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👉 Don’t wait until April. Schedule your free discovery call today at bristertaxlaw.com and learn how proactive tax planning can save you thousands. April is for paperwork. Now is for planning.
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