Financial Foundations

Welcome to the "Financial Foundations" podcast, your gateway to the fascinating realm of finance, brought to you by Base Wealth Management. In this show, we delve deep into the world of money, guided by seasoned experts who will unravel the complexities of finance and provide you with invaluable insights and practical advice. Hosted by Dustin Taylor and Alex Wolfe, CFP®.

LLC vs S Corp: What Business Owners Should Know About Taxes 04/07/2026

LLC vs S Corp: What Business Owners Should Know About Taxes If you’re a small business owner or running a side hustle, choosing the right business structure can have important tax implications. In this episode of Financial Foundations, we sit down with a senior accountant to walk through the key differences between sole proprietorships, LLCs, partnerships, and S Corporations—along with common considerations business owners should be aware of. We discuss: -How business structure affects tax reporting -Differences between LLCs, partnerships, and S Corps -How self-employment taxes are applied -W-2 income vs distributions in an S Corporation -When an S Corp election may be considered -Common tax misconceptions among business owners -The importance of planning for taxes throughout the year This episode is designed to provide general educational insights to help you better understand how these structures work. ⚠️ This content is for informational purposes only and should not be considered tax or legal advice. Please consult with a qualified professional regarding your specific situation. #SmallBusinessTaxes #SCorp #LLC #TaxPlanning #Entrepreneur #SideHustle #FinancialEducation #BusinessOwner #Accounting #FinancialFoundations Base Wealth Management ("the Firm") is an SEC registered investment adviser located in Lakewood Ranch, Florida. Registration does not imply any specific level of skill or training, and the content of this communication has not been approved or verified by the United States Securities and Exchange Commission or any state securities authority. BWM may only transact business in those states in which it is registered or qualifies for an exemption or exclusion from registration requirements. Investing involves risk, including the possible loss of principal. Past performance does not guarantee future results, and no strategy can ensure success or protect against loss in declining markets. For additional information, please review the Firm's Form ADV, available at www.adviserinfo.sec.gov. /episode/index/show/e4b8e13f-3514-4ce7-9984-1481128aebd2/id/40755650

Choosing the Right Employer-Sponsored Plan for Your Business 12/03/2025

Choosing the Right Employer-Sponsored Plan for Your Business In this episode of Financial Foundations, Dustin Taylor, Kyle Howell, and Alex Wolfe, CFP®, sit down with retirement plan specialist Marc Piccirillo to unpack how employer-sponsored plans really work behind the scenes. If you are a business owner wondering whether you should offer a 401(k), a SIMPLE IRA, or something else entirely, this conversation walks through the practical tradeoffs, the hidden responsibilities, and the incentives you might be leaving on the table. Marc explains how plan sponsors, recordkeepers, and third-party administrators all fit together, why recent legislation has made it easier and cheaper to start a plan, and how offering the right benefits can help you become an “employer of choice” and even make your business more attractive at sale. In this episode, you’ll learn: What “employer-sponsored plan” actually means and how 401(k), 403(b), and SIMPLE IRA plans differ The key responsibilities and risks a plan sponsor takes on How recordkeepers and TPAs support the day-to-day administration of a plan How Secure Act changes and state-mandated plans are reshaping the retirement landscape for employers When it makes sense to move from a SIMPLE or SEP IRA to a 401(k) as your business grows Why starting something now, even at low contribution levels, can be more important than waiting for the “perfect” plan Guest: Marc Piccirillo, retirement plan specialist focused on employer-sponsored plans for small and mid-sized businesses. Resources and contact: Visit basewealthmanagement.com for more articles, videos, and podcast episodes. Send your questions or episode ideas to to be featured in a future episode. Disclosures: Investment advisory services provided by Base Wealth Management, LLC doing business as Base Wealth Management, as a registered investment advisor. Base Wealth Management (“BWM”) is a Registered Investment Adviser. Registration as an investment adviser does not imply a certain level of skill or training, and the content of this communication has not been approved or veri>ed by the U.S. Securities and Exchange Commission or any state securities authority. BWM provides individualized advisory services only to persons in states where it is properly registered or exempt from registration. All investments involve risk, including the potential loss of principal, and no strategy can guarantee a pro>t or protect against loss. NOTICE: This email communication, including all attachments transmitted with it, may contain confidential information intended solely for the use of the addressee. If the reader or recipient of this communication is not the intended recipient, or you believe that you have received this communication in error, please notify the sender immediately by return email and PROMPTLY delete this email, including all attachments, without reading them or saving them in any manner. The unauthorized use, dissemination, distribution, or reproduction of this email, including attachments, is strictly prohibited and may be unlawful. /episode/index/show/e4b8e13f-3514-4ce7-9984-1481128aebd2/id/39169070

Why Most Owners Fail When Selling a Business or Real Estate 11/26/2025

Why Most Owners Fail When Selling a Business or Real Estate Thinking about selling your business or the building it operates in, but not sure where to start? Dustin Taylor, Kyle Howell, and Alex Wolfe, CFP®, sit down with commercial real estate and business broker Mike Mauger to pull back the curtain on what really happens when you sell a business or the building it operates in. From surprising valuation pitfalls to the hidden levers that boost sale price, this episode cuts through the noise and shows owners what actually matters when it’s time to exit. You’ll hear: • The signals that tell you it’s truly the right time to sell • Why clean, profitable financials matter far more than impressive revenue • The real difference between selling a business and selling the building • How sale multiples are determined—and why many owners misjudge their value • What to fix now if you plan to retire and sell in the next few years • The tax moves (1031s, DSTs, deferred sales trusts) that can reshape your future • Why having the right financial team can make or break your outcome Guest: Mike Mauger, Commercial Real Estate & Business Broker. Resources and contact: Visit basewealthmanagement.com for articles, videos, and more insights. Send your questions to to be featured in a future episode. Investment advisory services provided by Base Wealth Management, LLC doing business as Base Wealth Management, as a registered investment advisor. NOTICE: This email communication, including all attachments transmitted with it, may contain confidential information intended solely for the use of the addressee. If the reader or recipient of this communication is not the intended recipient, or you believe that you have received this communication in error, please notify the sender immediately by return email and PROMPTLY delete this email, including all attachments, without reading them or saving them in any manner. The unauthorized use, dissemination, distribution, or reproduction of this email, including attachments, is strictly prohibited and may be unlawful. /episode/index/show/e4b8e13f-3514-4ce7-9984-1481128aebd2/id/39167380

Can a Personal Injury Derail Your Financial Future? 09/16/2025

Can Your Home Be Your Biggest Wealth Builder? 09/03/2025

Can Tailored Benefit Plans Keep Your Top Talent From Walking? 08/21/2025

Mortgage Secrets That Save Thousands: Expert Tips from 28-Year Industry Veteran 06/11/2025

DIY Investing vs. Hiring a Pro: 6 Questions Every Investor Should Answer 06/05/2025

Debt Insights, According To A Certified Financial Planner® 05/02/2025

What Withdrawal Strategy Should I Use in Retirement? 04/02/2025

Retirement Mistakes That Could Ruin You 03/27/2025

Retirement Mistakes That Could Ruin You Don't Let Retirement Mistakes Ruin Your Golden Years! Are you dreaming of a comfortable and fulfilling retirement? Many people work their entire lives with this goal in mind, but unfortunately, even with careful planning, certain missteps can derail your financial security and overall well-being in retirement. In this crucial episode of Financial Foundations, brought to you by Base Wealth Management, your hosts Dustin Taylor and Alex Wolfe, a Certified Financial Planner, dive deep into the common – yet potentially devastating – retirement mistakes that could jeopardize your future. First, they tackle the critical issue of financial stability. How do you ensure your savings last throughout your retirement? Learn practical strategies for avoiding overspending, understanding your cash flow needs, and the importance of balancing income generation with long-term growth in your portfolio. Discover how to truly make your money work for you in your post-working years. Next, the discussion shifts to a major concern for all retirees: healthcare expenses. Beyond the initial excitement of retirement, the reality of increasing medical costs can be daunting. Dustin and Alex explore how to prepare for unexpected healthcare bills, from understanding your options before Medicare eligibility to navigating the complexities of Medicare plans and considering potential long-term care needs. This is vital information to protect your nest egg from unforeseen medical burdens. But retirement isn't just about the numbers. The hosts also delve into the often-overlooked lifestyle and mental transition that comes with leaving the workforce. What happens when every day feels like Saturday? Discover how to prepare for this significant shift, avoid feelings of isolation or lack of purpose, and find fulfilling hobbies and social connections to enrich your retirement experience. They even touch on the possibility of a phased retirement through part-time work. Furthermore, learn how having a comprehensive financial plan in place can be instrumental in navigating these lifestyle changes. Understand how your plan can account for increased spending on travel, entertainment, and other activities that make retirement enjoyable, while also helping you discover cost-effective ways to fill your time. Finally, Dustin and Alex address the crucial topic of estate and legacy planning. This is more than just deciding where your assets go; it's about ensuring a smooth and stress-free transition for your loved ones. They highlight the importance of having essential legal documents like wills, trusts, and healthcare power of attorney in place to protect your wishes and ease the burden on your family. Don't let these common retirement mistakes catch you off guard! Tune in to this informative episode of Financial Foundations to gain valuable insights and actionable advice to secure your financial future and enjoy a fulfilling retirement. Have questions about your own retirement plan? The team at Base Wealth Management is here to help! Send your questions or topics you'd like to see covered on future episodes to question@basewealthmanagement.com. For more resources and free financial advice, visit basewealthmanagement.com. And be sure to subscribe to the Financial Foundations podcast on your favorite podcast app so you never miss an episode! /episode/index/show/e4b8e13f-3514-4ce7-9984-1481128aebd2/id/35857110

Avoid Tax Season Surprises: What You Need to Know 03/04/2025

Understanding Donor Advised Funds for Charitable Giving 11/20/2024

Crush Market Volatility During Election Years With These Expert Tips 10/31/2024

When Can You Retire? Essential Tips and Insights for Retirement Planning 10/18/2024

When Can You Retire? Essential Tips and Insights for Retirement Planning Retirement is often seen as a simple financial milestone, but the truth is, it involves much more than just saving enough money. In this episode of Financial Foundations, brought to you by Base Wealth Management, our hosts Dustin Taylor, Alex Wolfe, and Kyle Howell dive deep into the complex reality of retirement planning. We start by addressing one of the most fundamental yet misunderstood questions: How do you know when you’re actually ready to retire? Our discussion goes beyond financial readiness to cover emotional and lifestyle considerations that often get overlooked. We explore why retiring “to” something rather than “from” something is crucial for a fulfilling post-career life, and how defining your ideal day in retirement can shape your financial plans. You’ll learn about the emotional and psychological adjustments many face when leaving the workforce, the fear of drawing down from your savings, and how to navigate these challenges with a flexible plan. We also discuss strategies to prepare for shifting income needs, the importance of having multiple sources of retirement income, and how to withdraw funds in a tax-efficient manner. Our conversation also covers market volatility and sequence-of-returns risk, explaining how the timing of market downturns can dramatically impact your financial future. We discuss popular guidelines like the “4% rule,” why it may not work for everyone, and other sustainable withdrawal strategies. Listen in to hear why early planning, starting as soon as your late 40s or early 50s, can make all the difference. Learn about the tools, like Monte Carlo simulations, used by financial planners to anticipate different market scenarios and adjust your retirement strategy accordingly. If you’re thinking about retirement, this episode offers practical insights to help you plan for a future that’s not just financially secure, but also personally fulfilling. For more information, visit our website at basewealthmanagement.com, or send your questions to question@basewealthmanagement.com. /episode/index/show/e4b8e13f-3514-4ce7-9984-1481128aebd2/id/33515787