The Duct Tape Marketing Podcast How to Reduce Taxes and Build Real Wealth
Feb 12, 2026
Jack Ojo, founder of Ojo Wealth Strategies and author with deep tax-focused wealth expertise. He explains why income tax can be your biggest expense. Short takes on S corp vs LLC choices, defined benefit plans for big deductions, Roth conversion timing, maxing out 401(k)s, and paying family through your business.
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Honesty And Worst-Case Planning Built Trust
- Jack credits honesty and worst-case scenario planning for his firm's client trust and growth.
- He prepared clients for crises like 2008 and grew the business significantly thereafter.
Use Pension Plans And Structure To Cut Taxes
- Consider a defined benefit pension plan if you're a high-earning sole proprietor to create large tax deductions.
- Review entity structure, accounting method, and payroll strategies to optimize taxes.
When To Consider S-Corp Status
- If your income exceeds $100k–$150k, evaluate S-corp status to split salary and distributions and reduce payroll taxes.
- For incomes over $200k, explore additional pension plan options for bigger tax benefits.
