30. Winning on Tax Strategy with Ian Sloan

Today’s guest is a master at his craft: complex, high net worth tax strategy. Where most CPA’s take a reactive approach to planning, Ian Sloan helps clients be proactive where it matters most.

Our conversation today is a brief masterclass on high-net-worth tax strategies with an emphasis on entrepreneurial leverage. We'll be diving deep into smart tax strategies—from setting up separate LLCs for equipment purchases to optimizing retirement plans and Roth IRAs. Ian will share his expertise on structuring asset acquisitions, managing tax liabilities, and understanding the ins and outs of current tax regulations.

Whether you’re exploring Roth conversions, looking to reduce your tax burden, or planning for retirement, this episode is packed with valuable insights that you don’t want to miss. Plus, we’ll touch on IRS audits, accurate documentation, and the pitfalls of bad tax advice circulating on social media. Stick around as we unpack these crucial topics and much more.

KEY HIGHLIGHTS:

• Positioning at the top of your bracket for savings
• Coming changes in tax brackets for 2026
• How AI may replace simple tax preparation tasks
• Tax implications on large retirement accounts inheritance
• IRA distributions affect FAFSA-based financial aid eligibility
• Defined benefit plans: complex tax implications and deductions
• 1031 exchange restrictions on business asset trades
• Use donor advised funds for tax-efficient philanthropy

KEY LINKS:

• Envizion More: http://www.EnvizionMore.com 
• Chandler, Nichol, & Sloan: https://thechandlercpas.com/ 
• Ian’s LinkedIn: https://www.linkedin.com/in/ian-t-sloan-cpa-a949ba28/ 
• Vizionary Wealth: http://www.VizionaryWealth.com 
• Our Facebook: https://www.facebook.com/VIZIONARYWEALTH 
• Wayne’s LinkedIn: https://www.linkedin.com/in/waynewagnerjr/ 
• Disclosures: http://www.VizionaryWealth.com 

Production & Marketing by Evergreen Financial Marketing, a specialized firm for financial advisors and RIAs: https://www.evergreenfm.com/