Accumulating Wealth

With a little extra downtime, now is the perfect time to evaluate any unnecessary waste and get rid of excess expenses you may have let fall through the cracks. What fees do you think you can discard for the future? Special guest, President and CEO of Elite Dental Alliance offers clarity regarding fees, subscriptions, software services in the dental industry and how to navigate these charges that...

You know what you your time is worth and the costs associated with running your business, but when those costs rise, why are owners always hesitant to raise fees for their patients? In this episode, Hunter & Judson discuss how to know if your fees are right, and if they are too low, how to increase without patient push back.

In season 5, our hosts will discuss ways to save you money in your practice, but before we do that—we must address the elephant in the room. Things are hardly business as usual. Your practice has been closed for 6 weeks and all production has been halted outside of taking care of emergencies. Practices are finally starting to open back up in some states, but the big question of maintaining cash fl...

In the final episode of season four, our hosts take a scattershot approach on all the other things that didn't fit into one of the other episodes. From individual to employee insurance coverage to property insurance, long-term care and umbrella policies to cover just about anything, Hunter and Judson want to make sure you are protected from life's pitfalls.

Just recorded! Our hosts Hunter and Judson bust out of the Dallas County lock-down to record this bonus episode for you. If your practice and/or business is closed due to the pandemic, how will you maintain your cash flow, and for how long can you do it? In this episode, the guys review a 90-day cash flow plan touching on your cash needs, potential cash sources and how to determine your priorities...

Stop here! Don't scroll through this episode because you don't want to think about it—this one is a must listen for everyone. Without a plan in place, settling your affairs should you become incapacitated or deceased, could have a long lasting and costly impact on your loved ones. Hunter & Judson are here to set the record straight that a will is not enough. The flow of the money is the most impor...

As a service professional, your hands, mind and body are what brings money into your business. If you are unable to produce, how long will your business and family be able to keep up with day-to-day expenses? Sure, "it will never happen to me," but there is a 3 in 10 chance of suffering a disability that keeps you out of work for 90 days or longer at some point in your career. In this episode, hos...

Season 4 covers topics that may not be talked about enough (but should). In this first episode, hosts Hunter and Judson cover life insurance and everything that comes with it. Term life versus permanent life, they go over the types that may be suitable and how much you really need to protect the ones you love.

It's a tale as old as time, you love your children and want to give them the best, but when is it too much? The adult child's car insurance, cell phone, student loans—are they eroding your retirement savings? This episode is not here to tell you to cut off your kids (although maybe you should), but rather how to help you never have to get to that point. Judson and Hunter cover when and how to star...

Projecting your lifestyle is the most important part of your retirement plan—it can also be the hardest. Hunter and Judson cover the four variables to determine what you need for retirement: when, what you'll spend, what to save and rate of return. They also uncover what distribution strategies there are, retirement calculators and choosing Roth or Traditional Deferrals.

Not all debt is created equal. In this episode hosts Hunter & Judson help clear the air around the different types of debt. Good debt, bad debt, the worst debt—and what qualifies each. They hit all the common questions around student loan debt, how to start paying down common types of debt or refinancing your home. They shed more light on when to pay off debt, the current interest rates and when t...

Is there an easy way to budget? Hosts Judson and Hunter share their secrets around favorite budgeting apps, escrowing big expenses, homes, cars and lifestyle creep. They also cover some of the tough topics like how to budget when a spouse is involved, and the ever present question—do you need an Amazon category in your budget?!

When you are a business owner, how do you determine how much to pay yourself? Hosts Judson and Hunter clue listeners in on why the how you pay yourself is just as important as the how much. They start at the top with four questions to ask yourself to determine the right amount and move into the breakdown of the tax implications of W-2 wages versus distributions. They address the 4 big questions to...

Even if the children are still in diapers, it's likely you are already thinking of how you are going to save for their college education. In this episode Hunter and Judson offer clarity on how much to save, and different vehicle options available to do it. Coverdell or 529, the hosts share what to look for and what to avoid in a state sponsored plan. They shed light on the average cost of college,...

There are multiple corporate structures you could use when setting up your business—Sole Proprietorship, Partnership, S-Corp, C-Corp, LLC—and they all impact your level of tax liability in different ways. In this episode Hunter & Judson help you review the legal versus tax side of each entity, and how to determine which structure is right for you. Want more information on this topic? Read a full d...

Sometimes audits happen. Is it random selection, or based on a higher than average deduction? In this episode Hunter and Judson tell you when to take a deep breath and contact your CPA…and when to panic and move to Bermuda. They cover top risks, types of audits, how long to keep receipts and what to do if you get a letter from the IRS.

When it comes to summitting your tax return, there are some mistakes that you just don't want to make. In this episode Hunter and Judson cover some of the most common mistakes made on both a business and personal return, and what to do if you've already made them. From travel, 1099 employees, safe basis estimated taxes and "omissions of information," get prepared this season by knowing what not to...

As the end of the year approaches, have you done all you can to minimize your tax liability? Listen in as Hunter & Judson walk through their end-of-year tax checklist. From maximizing your 401(k) to deductions, equipment purchases and charitable donations—they will cover the steps to take to proactively plan for next year's tax season today. In this episode you will also hear Hunter explain the di...

In the first episode of this five-part series, hosts Hunter and Judson tackle common myths and misconceptions around taxes. Starting with the how and why on extending or amending your tax return all the way around to debt paydown whiplash and if you can deduct your automobile or Chick-fil-a. Hunter the human calculator and Judson and his boots offer tips to keep you out of the red-flag zone. - Dea...

As an business owner and investor, knowing the difference between investing options is important to make informed decisions about your financial plan. CPA Hunter Satterfield talks with Haag Sherman, CEO of Tectonic Advisors LLC, about these differences and more in his latest episode. Submit your questions or comments for Hunter at cainwatters.com/wealthpodcast.

Strategic savings is an essential part to accumulating wealth. CPA Hunter Satterfield sits down with Tom Sanders, partner at Cain Watters and Associates, to talk about strategically saving through tax-deferred vehicles. Submit your questions or comments for Hunter at cainwatters.com/wealthpodcast.

CPA Hunter Satterfield sits down with Darrell Cain, the founder of Cain Watters and Associates. Together they discuss his philosophy on wealth accumulation and the concept of compounding interest. Submit your questions or comments for Hunter at cainwatters.com/wealthpodcast.