Think you're on track with your taxes? You might be headed for a surprise bill.

Before the year slips away, there are a few simple things you can do to catch potential tax issues early, improve your cash flow, and avoid unpleasant surprises at tax time.

In this episode of the Wealth Game Podcast, Brent shares the midyear tax checkup he recommends to clients. You'll learn how to review your year-to-date income, evaluate your tax withholding, and project where you'll likely end up by year end.

🎧 Don't wait until tax season to find out something's wrong. Listen now.

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Do you want access to the videos, drawings, templates, tools, and be able to get your questions answered on the live calls or in the community?

We'd love to have you join the Wealth Game basics today to get some additional free resources, videos, and tools: Visit www.wealthgame.io

For specific one on one, or group support for tax planning, strategy, tax preparation, bookkeeping, accounting, or other CPA firm related services, we recommend going to www.bementcompany.com to connected with our team of CPAs and professionals.

Thank you for listening to another episode of the Wealth Game Podcast. The goal is to get informal yet actionable advice directly to business owners and investors. The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.

For additional information and links to all available platforms please visit our website at www.wealthgame.io

Contact Us:

Websites:

• www.wealthgame.io
• www.bementcompany.com

You can also stream The Wealth Game on:

• Spotify: https://open.spotify.com/show/5vKCgwK9K7zw1FrXoNAdoh?si=b95d0293bb4b41ad
• Apple Podcasts: https://podcasts.apple.com/us/podcast/wealth-game/id1638735155

Connect with Brent Bement:

• LinkedIn: www.linkedin.com/in/brentbement
• X: https://x.com/brentbement
• Instagram: https://www.instagram.com/brentbement/

Are you waiting until tax season to think about your taxes? If so, you could be missing some of the biggest opportunities to reduce your tax bill.

In this episode of the Wealth Game Podcast, Brent explains the key difference between tax planning and tax preparation, and why that difference can have a major impact on how much you pay in taxes.

Learn why tax preparation is all about reporting the past, while tax planning is about making proactive decisions before the year ends. Brent also shares practical examples for business owners, real estate investors, and high-income earners, showing how timing can make all the difference when it comes to tax savings. If you want to keep more of what you earn, this episode is a great place to start

Do you want access to the videos, drawings, templates, tools, and be able to get your questions answered on the live calls or in the community?

We'd love to have you join the Wealth Game basics today to get some additional free resources, videos, and tools: Visit www.wealthgame.io

For specific one on one, or group support for tax planning, strategy, tax preparation, bookkeeping, accounting, or other CPA firm related services, we recommend going to www.bementcompany.com to connected with our team of CPAs and professionals.

Thank you for listening to another episode of the Wealth Game Podcast. The goal is to get informal yet actionable advice directly to business owners and investors. The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.

For additional information and links to all available platforms please visit our website at www.wealthgame.io

Contact Us:

Websites:

• www.wealthgame.io
• www.bementcompany.com

You can also stream The Wealth Game on:

• Spotify: https://open.spotify.com/show/5vKCgwK9K7zw1FrXoNAdoh?si=b95d0293bb4b41ad
• Apple Podcasts: https://podcasts.apple.com/us/podcast/wealth-game/id1638735155

Connect with Brent Bement:

• LinkedIn: www.linkedin.com/in/brentbement
• X: https://x.com/brentbement
• Instagram: https://www.instagram.com/brentbement/

What happens if your cabin, home, or other personal property is destroyed in a fire or natural disaster? Can you deduct the loss on your taxes?

In this episode of the Wealth Game Podcast, Brent breaks down the IRS rules surrounding personal casualty losses, including how your property's tax basis, insurance reimbursements, adjusted gross income, and federally declared disaster status all impact whether you qualify for a deduction. Using real-world examples inspired by the recent Utah wildfires, Brent explains why the tax outcome may not be as straightforward as many homeowners expect.

Whether you're a property owner, investor, or simply want to better understand how the tax code handles unexpected losses, this episode provides practical insights into an often-overlooked area of tax planning.

Do you want access to the videos, drawings, templates, tools, and be able to get your questions answered on the live calls or in the community?

We'd love to have you join the Wealth Game basics today to get some additional free resources, videos, and tools: Visit www.wealthgame.io

For specific one on one, or group support for tax planning, strategy, tax preparation, bookkeeping, accounting, or other CPA firm related services, we recommend going to www.bementcompany.com to connected with our team of CPAs and professionals.

Thank you for listening to another episode of the Wealth Game Podcast. The goal is to get informal yet actionable advice directly to business owners and investors. The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.

For additional information and links to all available platforms please visit our website at www.wealthgame.io

Contact Us:

Websites:

• www.wealthgame.io
• www.bementcompany.com

You can also stream The Wealth Game on:

• Spotify: https://open.spotify.com/show/5vKCgwK9K7zw1FrXoNAdoh?si=b95d0293bb4b41ad
• Apple Podcasts: https://podcasts.apple.com/us/podcast/wealth-game/id1638735155

Connect with Brent Bement:

• LinkedIn: www.linkedin.com/in/brentbement
• X: https://x.com/brentbement
• Instagram: https://www.instagram.com/brentbement/