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Chris Kline

๐Ÿ‘ค Speaker
1132 total appearances

Appearances Over Time

Podcast Appearances

The Pomp Podcast
How Smart Investors Turn Bitcoin Drawdowns Into Tax Wins | Chris Kline

So it's really important, you know, if it's a great year for you, you're making a half million dollars, a million dollars, maybe not the best strategy for you.

The Pomp Podcast
How Smart Investors Turn Bitcoin Drawdowns Into Tax Wins | Chris Kline

Unless, you know, you're like, hey, I've allocated for this.

The Pomp Podcast
How Smart Investors Turn Bitcoin Drawdowns Into Tax Wins | Chris Kline

This is where I would say, you know, there's the difference between CPAs and advisors and then tax strategists.

The Pomp Podcast
How Smart Investors Turn Bitcoin Drawdowns Into Tax Wins | Chris Kline

I have all three.

The Pomp Podcast
How Smart Investors Turn Bitcoin Drawdowns Into Tax Wins | Chris Kline

My CPA wants to avoid me getting audited always.

The Pomp Podcast
How Smart Investors Turn Bitcoin Drawdowns Into Tax Wins | Chris Kline

That's his job because he thinks that if I get audited or I have to deal with letters from the IRS, he's done a bad job.

The Pomp Podcast
How Smart Investors Turn Bitcoin Drawdowns Into Tax Wins | Chris Kline

But truthfully, most wealthy folks I know, especially the high, high earners, I'm sure the same for you, they feel like if they don't get audited, then they didn't play too close.

The Pomp Podcast
How Smart Investors Turn Bitcoin Drawdowns Into Tax Wins | Chris Kline

They played their cards too close to the chest.

The Pomp Podcast
How Smart Investors Turn Bitcoin Drawdowns Into Tax Wins | Chris Kline

Like there's a balancing act with the entire tax code and none of us are professionals at it.

The Pomp Podcast
How Smart Investors Turn Bitcoin Drawdowns Into Tax Wins | Chris Kline

So using some strategy likes S-Corps, LLC, SoloCase, retirement accounts, these are all tools that they don't teach us in school, unfortunately.

The Pomp Podcast
How Smart Investors Turn Bitcoin Drawdowns Into Tax Wins | Chris Kline

You and I were talking about with our kids is like, this is not something they're coming out of high school or even college with knowledge base around there, but they do know the Pythagorean theorem.

The Pomp Podcast
How Smart Investors Turn Bitcoin Drawdowns Into Tax Wins | Chris Kline

They can tell you a squared P squared is equal C squared, right?

The Pomp Podcast
How Smart Investors Turn Bitcoin Drawdowns Into Tax Wins | Chris Kline

And I love that.

The Pomp Podcast
How Smart Investors Turn Bitcoin Drawdowns Into Tax Wins | Chris Kline

Once the numbers went away?

The Pomp Podcast
How Smart Investors Turn Bitcoin Drawdowns Into Tax Wins | Chris Kline

Oh my God, that's Isabella.

The Pomp Podcast
How Smart Investors Turn Bitcoin Drawdowns Into Tax Wins | Chris Kline

She started algebra this year and she goes, dad, what's with these letters?

The Pomp Podcast
How Smart Investors Turn Bitcoin Drawdowns Into Tax Wins | Chris Kline

Am I in English class or am I in math class?

The Pomp Podcast
How Smart Investors Turn Bitcoin Drawdowns Into Tax Wins | Chris Kline

How old is she?

The Pomp Podcast
How Smart Investors Turn Bitcoin Drawdowns Into Tax Wins | Chris Kline

She's 12.

The Pomp Podcast
How Smart Investors Turn Bitcoin Drawdowns Into Tax Wins | Chris Kline

I told her what you told me at dinner the other night.