Q&A with Jason Toole, CPA: Understanding Tax Benefits of Retiring in the South
On this week's episode of Southern Character, we explore the world of tax planning with Certified Public Accountant, Jason Toole. A partner at Kelley, Sammons, Toole & Ellison, Jason has over 27 years of experience and is a graduate of the University of Georgia. Specializing in multi-state closely-held business and complex family tax issues, Jason brings a wealth of knowledge to the table.
In our conversation, Jason opens up about his journey from his childhood in Albany, Georgia on the banks of the Flint River, to becoming a leading tax professional in Atlanta as well as a husband and father to three talented daughters. We discuss the practical aspects of navigating the ever evolving tax landscape, from the intricacies of the Internal Revenue Code to the nuances of federal, self-employment and state income taxes, specifically in the Southern states. Jason’s practical approach and down-to-earth demeanor make for an enlightening discussion that’s both educational and engaging.
One of the highlights of the episode is Jason’s recounting of one of his college professors suggesting he pursue a career in sales instead of accounting. He shares personal anecdotes about his path, the importance of adapting to changes in tax laws, and the role of mentorship in his professional development. Jason also reflects on the importance of work-life balance, particularly his love for spending time with his family and their cherished moments along Florida’s Forgotten Coast.
This episode is not just for those interested in tax strategy but also for anyone looking to understand the resilience and adaptability required in today’s business environment. Jason’s insights into the practical side of tax planning and his candid storytelling provide valuable lessons for listeners from all walks of life.
This information is provided to you as a resource for informational purposes only and is not to be viewed as specific recommendations. This information is being presented without consideration of the financial circumstances of any individual and might not be suitable for everyone. This information is not intended to, and should not, form a primary basis for any decision that you make. Always consult your own legal, tax, or investment advisor before making any financial planning considerations or decisions. The views and opinions expressed are for educational purposes only as of the date of production and may change without notice at any time based on numerous factors.