"The Four Pillars of Tax Advice: A Comprehensive Solution for Business Owners"

Hey there, fellow entrepreneurs! In my latest podcast episode with the insightful Dr. Binta Jalloh, we explored how technology and advancements in science can transform our lives for the better. We delved into the fascinating world of epigenetics, where we discovered the undeniable link between science, spirituality, and the energies between humans and our environment. 🌱 We discussed the importance of paying attention to our environment and its impact on our health, as well as the concept of healthy and unhealthy stress. 💪🧠 Stress, my friends, is the number one cause of disease and cancer. But fear not! We discovered ways to identify and manage stress, ensuring a healthy epigenetic imprint. And here's a mind-blowing fact: Genetics alone don't determine our fate! It's our environment that holds the key. We explored the power of epigenetics, where genes can be turned on or off based on factors like diet, lifestyle, and experiences. 🧬❌🧬 So, fellow entrepreneurs, let's remember that our health is the ultimate wealth. Let's focus on creating a positive environment for ourselves, from the physical spaces we inhabit to the people we surround ourselves with. Let's embrace the power of epigenetics and unlock the full potential within us! 💪🚀 #Epigenetics #EntrepreneurLife #UnlockYourPotential

On this episode of Family Business With Purdeep Sangha, the impact of dysfunction in family situations on business owners and entrepreneurs is discussed. The guest, Parmjit Singh, shares personal experiences where they found themselves struggling to align with their values in order to fit in with a group. He also talks about the importance of self-awareness in individuals, as those who lack self-awareness often engage in gaslighting behavior that challenges others' value systems. The discussion touches on how dysfunctional tendencies can be brought into work or family environments and lead to gaslighting, which is linked to poor physical and mental health and well-being. Furthermore, the importance of focusing on "being" before "doing" and "having" is emphasized, as it can lead to success and fulfillment. Overall, the episode aims to help family-oriented business people understand how dysfunction can affect their businesses and personal lives.

On this episode of Family Business With Purdeep Sangha, our host talks with guest David Lesperance, an expert in international tax planning for families and businesses. They discuss the importance of finding a tax-efficient and safe jurisdiction to invest or relocate to, protecting wealth in case of divorce, and understanding residency, citizenship, and domicile. They also touch on current societal concerns and their impact on individuals' mental health and fears, as well as the increasing interest in investing or becoming citizens of other countries. Join us as we delve into the world of international tax planning and explore different options for safeguarding family wealth in uncertain times.

On this episode of Family Business with Purdeep Sangha, listeners will learn about licensed accountants and insurance opportunities, wealth management challenges, and bringing professionals together in business transition processes. The speaker dives deep into different types of insurance, the benefits of tax exempt whole life policies, and how to avoid unnecessary taxes for entrepreneurs. By sharing personal and professional experiences, the speaker emphasizes the importance of financial security and acquiring insurance. Listeners will also learn about estate freezes, and how life insurance policies can cover tax bills after an individual's passing. The speaker also introduces the concept of the "pie", which has helped them save clients millions of dollars in taxes. Lastly, they touch on the importance of marketing life insurance as living insurance instead. Tune in to learn more about insurance and how it can benefit entrepreneurs and families alike.

On this episode of Family Business With Purdeep Sangha, we explore the problems with the traditional accounting firm business model and how one accountant created a new approach called the Account Success Formula. This subscription-based approach provides unlimited access to the accountant and incorporates the Four Planning Pillars: business, wealth, retirement, and estate plans, which interconnect and hold up the roof of a client's financial plan. We also discuss the importance of collaboration, creating value for clients, and the need for an integrated strategic approach in providing comprehensive tax advice. Tune in to learn about shaping a new business model, collaboration in the accounting industry, and the significance of passion, purpose, and profit in starting a new venture.

We dive into the complex world of pensions, postnups, and relationship psychology. Whether you're navigating divorce, financial planning, or running your own business, this episode is full of valuable insight. We discuss the need for couples to have conversations about their financial goals and division of assets, the benefits and pitfalls of postnups, and the importance of understanding the psychological impact our beliefs and experiences have on our relationships. We also explore the unique challenges faced by men in relationships and marriage contracts for business owners. Tune in to learn more about these topics and how they can impact your life.

On this episode of Family Business With Purdeep Sangha, we dive into the world of private equity investment. Our guest shares insights into the regulation and protocols followed by private equity firms and how they ensure transparency and responsible management of investor money. We also take a closer look at how private equity firms acquire and structure businesses effectively, the key metrics involved in making a business a good acquisition opportunity, and the potential benefits of long-term private equity investment. In addition, we discuss the most successful ways for private equity firms to access deals and the traditional methods for introducing private equity to small and medium enterprises. Tune in to discover more about private equity investment and how it can be a valuable asset in a diversified investment portfolio.

Discover how to step out of your father's shadow and live a life based on your own standards and expectations. This podcast conversation explores the importance of separating oneself from their parents, ceasing to look for admiration or validation from them, and building a life outside of the family business. Get 75% off the speaker's book "The Complete Man" with promo code “victory75” at www.CompleteManAudio.com.

Discover the importance of family strategy in business and how it can lead to a stronger business. Learn why it is important to align the family strategy with the business strategy, and why focusing on family first is essential for success. Join this podcast conversation to gain insight into how families can come together and make better decisions.

Join Phil Kriszenfeld, an expert in mediation for families and family businesses, as he shares his personal story about family mediation. He discusses the stress and responsibility of being an executor when a parent passes away, including the pros and cons of taking on this role. Learn how to prepare for worst-case scenarios, provide family members with a heads-up on what could happen if things don't go well, and ensure taxes, legal fees, and accounting bills take priority over disbursements or beneficiaries.