šāØ Get in touch with Chessman Wealth: https://www.chessmanwealth.com/Ā
The Big Beautiful Bill may not have overhauled the entire tax system, but it quietly introduced a wave of limited-time tax opportunities, and the clock is already ticking. In this episode, Wade shares seven strategic tax moves to consider before many of these provisions expire in 2028. These changes could impact how much you owe, how much you save, and how fast you reach your goals.
Buried in the bill are real, actionable tax advantagesāif you know where to look. Charitable deductions, auto loan interest write-offs, bonus depreciationāthereās a lot packed into the Big Beautiful Bill, and Wade breaks it all down in plain English. Miss this window, and you might be leaving money on the table. The rules have changed, but only for a few years. What you do now could shape your finances for the next decade.
For this weekās Kingdom Minute, Wade shares key biblical perspectives on taxes, pointing to scriptures in Matthew and Romans. He explains that while paying taxes is a civic duty, it's also part of honoring Godās appointed authorities. Wade also reminds us that generosity, like charitable giving, is both encouraged in scripture and recognized by the tax code.
Ā
Ā
Hereās some of what we discuss in this episode:
š Front-load charitable giving to maximize new deductions
š½ļø No taxes on tipsāif you report properly
šļø Use Section 179 and QBI to your advantage
šļø Bunch property taxes for max SALT deduction
š¶ āTrump Accountsā offer $1K seed + tax-deferred growth
š Biblical reflections on taxes in the Kingdom Minute
Ā
Get in touch with Chessman Wealth: https://www.chessmanwealth.com/Ā
The opinions voiced in The Money Knight podcast with Wade Chessman of Chessman Wealth Strategies are for general information only and are not intended to provide specific advice or recommendations for any individual. Past performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Investing involves risk, including possible loss of principal. No strategy assures success or protects against loss. To determine what may be appropriate for you, consult with your attorney, accountant, financial or tax advisor prior to investing.
Investment advisory services offered through CWM, LLC, an Investment Advisor. Carson Partners, a division of CWM, LLC, is a nationwide partnership of advisors.
CrimeLess: Hillbilly Heist
Itās 1996 in rural North Carolina, and an oddball crew makes history when they pull off Americaās third largest cash heist. But itās all downhill from there. Join host Johnny Knoxville as he unspools a wild and woolly tale about a group of regular āol folks who risked it all for a chance at a better life. CrimeLess: Hillbilly Heist answers the question: what would you do with 17.3 million dollars? The answer includes diamond rings, mansions, velvet Elvis paintings, plus a run for the border, murder-for-hire-plots, and FBI busts.
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you wonāt hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, youāve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.