Most entrepreneurs play defense with their taxes, waiting until the year ends, then scrambling to see what can be written off. But what if you could play offense instead? In this explosive follow-up to Part 1, Cory Long returns with tax strategist and fractional CFO Ron Fossum to reveal how the top 1% are leveraging the 877-page Trump tax law overhaul, and what you’re probably missing.
If you missed Part 1, hit pause and go listen first. This isn’t just about saving money, it’s about stewarding resources for your Kingdom mission, growing your business, and protecting your legacy. Ron unpacks little-known tax strategies that most entrepreneurs and even CPAs overlook, from new rules for homeowners, builders, and farm owners, to surprising shifts in depreciation, estate planning, and the child tax credit.
This episode dives deep into what it means to build a proactive tax strategy. One that starts in January, not December. One that turns red flags into green lights. And one that equips you to take ground instead of give it away.
In this episode, you'll discover:
Why the “Trump Accounts” may change everything for families by 2027
How builders and farmers are being hit differently, and what they can do now
What changed with mortgage insurance and how it impacts your home deductions
The truth about trusts: why a living trust won’t save you on taxes
How to avoid rookie tax mistakes, even if you already have a CPA
"Most bookkeepers, accountants, and CPAs want to put numbers in boxes, taxes are as complex as ever." – Ron Fossum
Call to Action:If this episode opened your eyes, don’t keep it to yourself. Subscribe to The E Forge Podcast, leave a review, and share this episode with a Kingdom-minded entrepreneur. Then, head to TaxPlanWealth.com to grab Ron’s 3 powerful freebies:
12 Questions to Ask Your Tax Team
5 Criteria for a Legit Tax Deduction
Who’s Who on Your Tax Team
Be proactive. Build your tax strategy. And keep forging the legacy God called you to lead.
Want to learn more about Cory Long? Check out the links below.
Disclaimer -
This video is for educational and informational purposes only. It does not constitute financial, tax, or legal advice. Always consult with a licensed tax professional or financial advisor to discuss your specific situation.