Is the IRS your silent business partner, taking 30% or more of your hard-earned gains? In this episode of the Vital Wealth Strategies Podcast, host Patrick Lonergan, founder of Vital Wealth, unpacks critical updates from the newly passed One Big Beautiful Bill Act and breaks down powerful, legal tax strategies entrepreneurs can use to reduce or eliminate their capital gains tax. Whether you're selling a business, offloading real estate, or managing a growing estate, this episode provides real-world insights that could save you millions.

Patrick walks listeners through smart ways to leverage deferral techniques, reduction tools, and philanthropic giving, alongside commentary on what’s changed in the tax code and how business owners should respond. From bonus depreciation to Deferred Sales Trusts to tax-friendly entity structures, this episode delivers a blueprint for proactive planning. If you're a high-earning entrepreneur looking to protect your wealth, this is the one episode you can't afford to miss.

Key Takeaways:

• Overview of the One Big Beautiful Bill Act and how it affects entrepreneurs

• Capital gains tax strategies for deferral, reduction, and elimination

• How to use tools like 1031 exchanges, QSBS, and leveraged direct indexing

• Estate planning tips to avoid the 40% “death tax”

• Why where you live and when you move, can save you millions

• How to use charitable trusts and donor-advised funds strategically

• When and how to start building your custom tax strategy

Episode Resources:

Vital Walk Zoom Room Link

Brett Swarts episode:

Apple Podcast

YouTube

Spotify

Email: patrick@vitalwealth.com

Resources:

Visit www.vitalstrategies.com to download FREE resources

Listen to the podcast on your favorite app: https://link.chtbl.com/vitalstrategies

Follow on Instagram at https://www.instagram.com/vital.strategies

Follow on Facebook at https://www.facebook.com/VitalStrategiesPodcast

Follow on LinkedIn at https://www.linkedin.com/in/patricklonergan/

Credits:

Sponsored by Vital Wealth

Music by Cephas

Art work by Two Tone Creative

Audio, video, research and copywriting by Victoria O'Brien

Are you prepared if the IRS comes knocking or worse, if you owe more than you can pay? In this episode of the Vital Wealth Strategies Podcast, host Patrick Lonergan, a seasoned advisor to high-performing entrepreneurs, sits down with Stephen Weisberg, founder and lead attorney at the W Tax Group. With over a decade of experience navigating IRS disputes, audits, and tax debt resolution, Stephen shares real-world strategies to help business owners avoid costly mistakes and resolve tax issues with confidence.

This episode is packed with practical insights every entrepreneur should hear, from what to do if you can’t pay your tax bill, to the truth behind “pennies on the dollar” settlements, to how the IRS is using AI and automation to crack down on non-compliance. Whether you're already facing tax debt or you’re focused on staying ahead, this conversation delivers the tools and mindset needed to protect your business, preserve your cash flow, and gain peace of mind. Don’t miss this critical conversation and be sure to visit vitalstrategies.com/tax to start building your own custom tax strategy with Patrick and his team.

Key Takeaways:

• Why filing your return, even if you can’t pay, is crucial to avoid massive penalties

• How the IRS is becoming more efficient and aggressive with audits and collections

• What to know before setting up a payment plan with the IRS

• Common tax strategy traps, including ERC mills and fraudulent conservation easements

• The truth about Offer in Compromise programs and who really qualifies

• How to prepare your business in case of an audit, with a rock-solid paper trail

• Why working with a tax resolution professional early is your best leverage

Learn More About Stephen:

• Direct Phone: (248) 971-0885

• Personal Site: WeisbergTax.com

• Firm Site: W Tax Group

• LinkedIn: Stephen Weisberg

Resources:

Visit www.vitalstrategies.com to download FREE resources

Listen to the podcast on your favorite app: https://link.chtbl.com/vitalstrategies

Follow on Instagram at https://www.instagram.com/vital.strategies

Follow on Facebook at https://www.facebook.com/VitalStrategiesPodcast

Follow on LinkedIn at https://www.linkedin.com/in/patricklonergan/

Credits:

Sponsored by Vital Wealth

Music by Cephas

Art work by Two Tone Creative

Audio, video, research and copywriting by Victoria O'Brien

Is it really possible to generate passive income, reduce your tax burden, and build long-term wealth, all through Bitcoin mining? In this episode of the Vital Wealth Strategies Podcast, host Patrick Lonergan sits down with Beau Turner, founder of Abundant Mines, to unpack one of the most misunderstood and potentially lucrative opportunities in today’s financial landscape. Patrick and Beau go beyond the surface of crypto hype and dig into the real strategies, tax advantages, and business models behind profitable Bitcoin mining.

Listeners will gain insight into how crypto mining can function as a cash-flowing business, what kind of setup makes the most sense based on personal goals, and how to structure investments for long-term efficiency and tax benefit. Whether you’re new to crypto or looking for a smarter way to diversify your portfolio, this episode offers clarity, practical advice, and a fresh perspective on an emerging frontier in wealth-building.

Key Takeaways:

• How Bitcoin mining works and why it’s more than just a tech trend

• The unique tax advantages of mining, including depreciation and deductions

• Why mining offers cash flow, not just asset accumulation

• How to choose the right mining setup based on your goals

• The long-term opportunity as Bitcoin supply diminishes

• How to avoid common pitfalls and choose a trusted mining partner

• Why business owners should consider this in their broader wealth strategy

Learn More About Beau: Official Website

Instagram

Resources:

Visit www.vitalstrategies.com to download FREE resources

Listen to the podcast on your favorite app: https://link.chtbl.com/vitalstrategies

Follow on Instagram at https://www.instagram.com/vital.strategies

Follow on Facebook at https://www.facebook.com/VitalStrategiesPodcast

Follow on LinkedIn at https://www.linkedin.com/in/patricklonergan/

Credits:

Sponsored by Vital Wealth

Music by Cephas

Art work by Two Tone Creative

Audio, video, research and copywriting by Victoria O'Brien