What if being a “misfit” is your greatest asset in business and life? Dave Lukas shares how reprogramming your mindset and embracing nonconformity can unlock personal success and transform the future of tax strategy with TaxPlan IQ.

Discount Code for HWW Podcast Listeners: TaxPlanIQ

Summary
In this engaging conversation, Dave Lukas shares his entrepreneurial journey, insights on tax planning, and the importance of mindset in achieving success. He discusses his experiences as a misfit entrepreneur, the impact of conditioning on personal and professional growth, and the innovative features of TaxPlan IQ, a software designed to revolutionize tax planning for CPAs. The discussion also touches on the evolving CPA industry, the significance of finding harmony in life and work, and practical takeaways for listeners to implement in their own lives.

Guest Information
Name: Dave Lukas
Email: dave@taxplaniq.com

Website: www.TaxPlanIQ.com
LinkedIn: https://www.linkedin.com/in/davelukas/

Takeaways

• Dave's entrepreneurial journey began at a young age.
• The concept of being a 'misfit' is central to success.
• Conditioning from childhood shapes our beliefs and actions.
• TaxPlan IQ offers innovative solutions for tax planning.
• The CPA industry is undergoing significant changes.
• Success is often about replacing bad habits with good ones.
• Finding harmony in life is more important than balance.
• The little things in business can lead to big differences.
• Recognizing and changing limiting beliefs is crucial for growth.
• Focus on what you truly want to achieve in life.

Chapters

00:00 Introduction to Tax Strategies and Wealth Building

00:36 Meet Dave Lucas: Entrepreneur and Tax Innovator

01:18 The Impact of TaxPlan IQ on Business Tax Planning

01:48 Strategic Tax Planning for Financial Freedom

02:19 New Chapter

01:00:56 Insights on Entrepreneurship and Tax Strategy

01:01:24 Tools for Cutting Tax Bills and Building Wealth

01:01:39 Signing Off

Tired of trading hours for dollars in your tax practice? Discover how strategic planning and AI-powered tools are helping CPAs reclaim their time and boost their value.

Summary

In this conversation, Heidi Henderson and Dr. Jackie Meyer discuss the transformative power of strategic tax planning and advisory services. They explore Dr. Meyer's personal journey, the challenges faced by CPAs in achieving work-life balance, and the innovative solutions offered by Tax Plan IQ. The discussion highlights the importance of boundaries, the shift towards value pricing, and the integration of AI in tax planning. Dr. Meyer shares success stories from users of Tax Plan IQ and emphasizes the need for women in business to find their support networks and take decisive action in their careers.

Guest Information
Name: Jackie Meyer
Email: cpa@meyertax.com

Website: taxplaniq.com
Facebook: facebook.com/jackiemeyercpa
LinkedIn: linkedin.com/in/jackiemeyercpa
TikTok / Other: https://www.youtube.com/@jackiemeyercpa

Takeaways

• Strategic tax planning can significantly enhance client outcomes and firm success.
• Personal pain often drives entrepreneurial inspiration and innovation.
• Work-life balance is crucial for CPAs to avoid burnout and maintain productivity.
• Setting boundaries is essential for managing client expectations and personal well-being.
• The shift towards strategic tax planning is being driven by industry changes and technology.
• Tax Plan IQ automates and simplifies the tax planning process for professionals.
• The ROI method of value pricing allows CPAs to charge based on estimated tax savings.
• AI can enhance tax planning efficiency but should be used thoughtfully.
• Success stories from Tax Plan IQ users demonstrate the platform's effectiveness in increasing revenue.
• Women in business should seek supportive networks and take bold actions to achieve their goals.

Chapters

00:00 Jackie Interview

37:44 Transforming Client Outcomes with Strategic Tax Planning

38:40 Innovative Value Pricing and Technology in Tax Advisory

39:08 New Chapter

What if one of real estate’s most powerful tax strategies—1031 exchanges—could be accessed with zero fees and maximum efficiency? Join Heidi Henderson and Judd Schoenholtz as they reveal how Deferred is using technology and transparency to revolutionize the investment landscape.

Visit the website:
Deferred.com

Summary

In this conversation, Heidi Henderson and Judd Schoenholtz discuss the transformative potential of 1031 exchanges in real estate investment, focusing on the innovative no-fee exchange model offered by Deferred. They explore the historical context of 1031 exchanges, the importance of compliance and transparency, and the role of technology and AI in streamlining the process. Judd shares insights on the challenges faced by investors and the need for better tools and resources, while also providing advice for entrepreneurs looking to innovate in the financial space.

Guest Information
Name: Judd Schoenholtz

Email: judd@deferred.com

Phone Number: (866) 442-1031

Website: www.deferred.com

LinkedIn: https://www.linkedin.com/in/juddschoenholtz/

Takeaways

• Deferred is revolutionizing the 1031 exchange process.
• The no-fee exchange model eliminates unnecessary costs for clients.
• 1031 exchanges have been part of the tax code since 1921.
• Less than 10% of eligible properties utilize 1031 exchanges.
• Transparency and compliance are crucial in the exchange process.
• Technology can significantly improve the efficiency of exchanges.
• AI tools are being developed to assist in the exchange process.
• Entrepreneurs should focus on starting and iterating based on customer feedback.
• The partnership between cost segregation and 1031 exchanges maximizes tax benefits.
• Innovative tools can help real estate brokers explain tax implications effectively.

Chapters

00:00 Introduction to 1031 Exchanges and Deferred
05:30 The Evolution of 1031 Exchanges
08:21 The Impact of Tax Reform on 1031 Exchanges
11:31 Innovations in Technology for 1031 Exchanges
14:23 Understanding the No Fee Exchange Model
17:23 IRS Compliance and Audit Trails
20:24 Advantages for First-Time Investors
24:24 Self-Service Revolution in 1031 Exchanges
27:56 Enhancing CPA Collaboration and Efficiency
32:09 The Role of Technology in Real Estate Transactions
35:32 Innovations on the Horizon for 1031 Exchanges
42:26 Advice for Aspiring Entrepreneurs
49:03 Introduction to Deferred and Its Impact
50:06 Final Outro