Divorce the IRS

Many people spend decades building their retirement savings, believing the money in their IRA or 401(k) will fully belong to them once they stop working. But when retirement finally arrives, many retirees discover a difficult truth: a significant portion of those savings was never fully theirs to begin with. In this episode of The Divorce the IRS Podcast , we explore the third major tax time bomb...

Withdrawing from your retirement account may seem like a quick solution when life throws you a curveball. But what if that decision quietly costs you far more than you realize, both today and decades into the future? In this episode of The Divorce the IRS Podcast , we break down the second major tax time bomb: early withdrawal penalties . While retirement accounts like 401(k)s and IRAs offer valua...

Getting a tax deduction today feels responsible. But what if the bigger risk to your retirement is not how much you are paying in taxes now, but how much you might be forced to pay later? In this episode of The Divorce the IRS Podcast , we begin breaking down the first of eight major tax time bombs that can quietly threaten your long-term financial plan: exploding tax rates. Over the past several...

Getting a tax deduction today feels smart. But what if the strategy you’ve been told will “save you money” is quietly setting you up to pay far more over your lifetime? In this episode of The Divorce the IRS Podcast , we tackle one of the biggest myths in retirement planning: the belief that you’ll automatically be in a lower tax bracket when you retire. It sounds logical. You stop working, your i...

Getting a big tax refund feels good. But what if that short-term win is quietly costing you far more over your lifetime? In this episode of The Divorce the IRS Podcast , we explore why common tax advice — even from well-meaning professionals — may not be aligned with your long-term financial best interest. Most tax preparers are trained to focus on one goal each year: helping you get the largest l...

Most young professionals are unknowingly setting themselves up for higher taxes later in life. In this episode of The Divorce the IRS Podcast , we break down one of the biggest financial planning mistakes early-career workers make — prioritizing traditional, tax-deferred retirement accounts over Roth options when they are likely in the lowest tax bracket they’ll ever see. When you first enter the...

In this episode of The Divorce the IRS Podcast , we break down a retirement planning idea that most people misunderstand: the so-called “tax deduction” you get when contributing to tax-deferred accounts like traditional IRAs and 401(k)s. What if those deductions aren’t really deductions at all—but small loans from the IRS that come due later? We start by revisiting the three tax buckets—Tax Me Now...

In this episode of The Divorce the IRS Podcast , we break down one of the most important concepts in tax-smart investing: the three tax buckets. Every account you own falls into one of these categories—Tax Me Now (taxable), Tax Me Later (tax-deferred), or Tax Me Never (tax-free). Understanding which bucket your money lives in can have a massive impact on your taxes in retirement. We start with the...

In this episode of The Divorce the IRS Podcast , Jimmy Miller tackles one of the most damaging tax myths in America, the belief that earning more money can actually make you worse off. After more than two decades of working with clients, Jimmy has seen how deeply misunderstood our tax system really is, and how that confusion leads people to avoid raises, overtime, and smart income opportunities ou...

In this episode of The Divorce the IRS Podcast , Jimmy Miller pulls back the curtain on the many hidden taxes quietly draining your money every day. While most people are familiar with the taxes that come out of their paycheck, few realize how many additional taxes and fees are layered into nearly every aspect of daily life. Jimmy begins by breaking taxes into two main categories. The first includ...

In this second episode of The Divorce the IRS Podcast , Jimmy Miller expands on what it really means to “divorce” the IRS and why taxes play a much bigger role in your financial life than most people realize. Jimmy begins with a simple truth: no one enjoys paying taxes—especially surprise tax bills. While many people celebrate refunds, few realize refunds are often just their own money returned wi...

In this episode of The Divorce the IRS Podcast , author and retirement income specialist Jimmy Miller shares the mission behind the show and why tax planning—not just investing—is the foundation of a better retirement. This podcast is designed for people who want to keep more of their hard-earned money, reduce unnecessary taxes, and build a retirement income strategy that lasts. Jimmy explains why...

In this introductory episode of The Divorce the IRS Podcast , financial planner, author, and speaker Jimmy Miller lays the groundwork for a different way of thinking about retirement, taxes, and wealth. Inspired by his bestselling book Divorce the IRS , Jimmy explains why so many well-intentioned retirement savers unknowingly walk straight into tax traps—and how better planning can change the outc...