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

Today’s Guest: Andrew Gradman

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.

Michael Johnston, CFA
Michael Johnston, CFA

Michael Johnston, CFA is the co-founder and President at WealthChannel, and host of WealthChannel Academy.

Michael previously founded ETF Database, the leading independent authority on exchange-traded fund investing.

Michael's professional experience includes positions in corporate finance and investment banking, as well as entrepreneurial experience as a co-founder and early employee in multiple high growth, venture-backed companies.

Michael graduated from the University of Notre Dame with a degree in Finance. He lives in Oregon with his wife and son.