Our Next Event: Alts Expo - Dec 13th
Too Good To Be True Tax Strategies, With Andrew Gradman
We’ve all come across tax savings strategies that seem too good to be true. Where should investors go from there?
Andrew Gradman, a tax attorney in Southern California, joins Michael to discuss why it’s important to cultivate a healthy sense of skepticism when dealing with tax professionals and tax strategies.
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Episode Highlights
- How investors should handle tax savings stratgies that seem too good to be true.
- A common misconception about tax attorneys and their “horde of loopholes.”
- Contrasting advice that medical doctors can give with advice that attorneys can give.
- Examples of tax topics that turned out to be too good to be true.
- The often adversarial role that tax advisors and attorneys often find themselves in, as both an advocate for their client and a part of the administrative state.
- How investors can get the most out of their tax professionals.
Episode Resources
- A Detailed Guide To Tax Opinion Standards [PDF]
- Malta’s Retirement Plans Too Good to Be True for US Taxpayers
- IRS Clarifies Step Up in Basis Rules for Grantor Trusts
Today’s Guest: Andrew Gradman
- Law Office of Andrew L. Gradman, APC – Official Website
- Law Office of Andrew L. Gradman on LinkedIn
- Andrew Gradman on LinkedIn
About The Tax Efficient Investor Podcast
On the Tax Efficient Investor podcast, we show you how to protect, grow, and transfer your wealth by implementing tax-advantaged investment strategies. Host Michael Johnston demystifies tax strategies that are favored by the most successful and sophisticated investors, including 1031 exchanges, IRA & 401k plans, HSA accounts, trusts, real estate, and more.