About
Vital Strategies
At Vital Strategies Podcast, we’re helping entrepreneurs pay less tax, build more wealth and love a great. As a division of Vital Strategies, we are dedicated to revolutionizing your approach to taxes and ensuring you keep more of your hard-earned income.
Why Listen to Us?
At Vital Strategies, we are on a mission to help our listeners save $1 billion in taxes! We are your go-to resource for unlocking financial success by minimizing your tax bill.
Expertise
Proven methods have saved clients over $8.5 million in taxes over the last two years.
Empowering
Developing custom tax strategies that align with your goals.
Actionable
Consulting clients have an average tax savings of of $280,000+ per year in income tax alone.
Latest Episodes
Tune into our latest episode, where we dive deep into cutting-edge tax strategies and share expert insights so you can pay less tax.
087 | From Main Street to Blockchain: Advanced Capital Gains Tax Moves for Big Exits
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:
Brett Swarts episode:
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
086 | The IRS Is Getting Smarter. Are You Ready? Tax Survival Tips from Stephen Weisberg
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
085 | Passive Income, Tax Strategy and Crypto: What You Need to Know About Bitcoin Mining with Beau Turner
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
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
084 | How to Beat Wall Street Using Your IRA and 401(k) – Insider Tactics from Adam Bergman
What if your retirement account could do more than just survive Wall Street, what if it could help you build real, tax-free wealth? In this episode of the Vital Wealth Strategies Podcast, host Patrick Lonergan sits down with Adam Bergman, tax attorney, founder of IRA Financial, and author of nine books on self-directed retirement strategies. Together, they dive into the powerful, yet often misunderstood world of self-directed IRAs and 401(k)s and how entrepreneurs can use these tools to invest in real estate, private companies, crypto, and other high-growth opportunities completely outside of traditional stock and bond portfolios.
Adam pulls back the curtain on the exact tax code provisions that allow for these moves, explains the differences between self-directed IRAs, checkbook control IRAs, and ROBS plans, and shares how strategies like Roth conversions and discounted valuations can unlock massive long-term tax savings. Whether you’re sitting on cash in a retirement account or looking for smarter ways to grow your wealth, this episode is packed with actionable insights and real examples that can help you shift from financial security to financial freedom.
Key Takeaways:
- The difference between building wealth and just saving money in a brokerage account
- What the IRS actually allows you to do inside a retirement account and what’s off limits
- How to self-direct your IRA or 401(k) to invest in real estate, private equity, or crypto
- Why Roth conversions (especially with valuation discounts) are a game-changer
- The power of ROBS to start a business with retirement funds, tax and penalty free
- Why every entrepreneur should consider diversifying outside of Wall Street
Learn More about Adam:
Official Website
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
Vital Strategies Podcast Tools
Free Resources and Templates
Maximize your tax-saving potential with our exclusive tools and templates. Access a plethora of valuable resources that will empower you to take control of your tax planning journey.
$10,000 Tax Savings
At Vital Strategies, we’re finishing out 2023 with an exciting opportunity for you to supercharge your financial success by years end. As a token of appreciation for being part of the Vital Strategies Podcast community, we’re thrilled to present the $10,000.00 Tax Savings Challenge.
Daily Productivity Planner
Welcome to the Daily Productivity Planner 2024 – Your Daily Blueprint for Success, meticulously designed for high-level entrepreneurs like you. This planner isn’t just a tool; it’s your daily companion on the journey to peak performance and strategic success.
What Our Listeners Say About Us
The insights shared in each episode are incredibly valuable! I’ve already implemented tax-saving strategies for my business, and the results are impressive. This podcast is a game-changer!
Sarah K.
Vital Strategies Podcast has become my go-to resource for financial knowledge. The expert interviews and success stories inspire me to take control of my finances and make informed decisions. Highly recommended!
Jason L.
The tools and resources provided on this platform are top-notch. I find myself coming back for more valuable downloads and ebooks regularly. It’s like having a financial mentor!
Michael R.
I used to feel overwhelmed by taxes and financial planning. Thanks to this podcast, I now have clarity and confidence in managing my wealth. The free resources are a fantastic bonus!
Lisa T.
Consulting Clients Have An Average Tax Savings Of $280,000
Access Now
Take Your Tax Game to the Next Level! Listen Now on Your Favorite Platform!