Podcasts about augusta rule

Don't wait until the last minute to start tax planning. Mid-year is one of the best times for business owners to review their tax situation. Most business owners wait until year-end to ask, “How can I lower my tax bill?” But by then, some of the best opportunities are already gone. Instead of making proactive tax-saving moves, you're left doing damage control.In this episode, Mike walks through a simple mid-year tax checkup every small business owner should do before December. He covers how to review your income, estimate your tax liability, clean up your bookkeeping, evaluate your entity structure, plan retirement contributions, think through major purchases, and identify tax strategies you still have time to implement before year-end.

This episode was sponsored by Cardiff  LightSpeed VT: https://www.lightspeedvt.com/ Dropping Bombs Podcast: https://www.droppingbombs.com/ Today's Dropping Bombs episode delivers a masterclass in tax warfare with Mark Lewis — a federally-licensed Enrolled Agent who spent 15 years battling the IRS before cracking the code on strategies the ultra-wealthy and big corporations have quietly used for decades. Now he helps small and mid-size business owners slash their taxes below 25%, protect assets from lawsuits, and build generational wealth using the same corporate structures as 9-figure companies. Mark breaks down why your S-Corp is a trap, how Amazon-level corporate structuring is legally available to small business owners, and the six financial lies keeping most entrepreneurs overpaying by thousands every year. From the "earn vs. control" mindset shift, to the Augusta Rule, offshore trust myths, and why your CPA's silence is costing you more than their fee — this episode covers it all. If you're making money and handing more of it to the IRS than Fortune 500 companies do, that's not a tax problem — it's a structure problem. And this episode tells you exactly what to do about it.

You're using AI to handle more of the work that your team used to do. That’s exactly why the human side of the business has become a competitive advantage. In this episode, Chip and Gini make the case that as AI slop floods everyone’s inbox and feeds, the bar for genuine human interaction has dropped so low that clearing it will make you stand out. Demonstrating real experience and expertise in conversation — not just in content — is where agencies will win. That starts with having actual conversations. Chip argues that meetings have become more valuable, not less, because you can’t fake a real-time interaction the way you can a written deliverable. And Gini adds that it extends to one-on-one meetings with your team, which can be used to get the specific decisions needed from you. Written content is increasingly hard to trust, and Chip admits even he can’t reliably tell his own writing from AI output. Video helps close that gap for now. So does the handwritten note, which Chip still sends to podcast guests when he can track down an address. He jokes that the illegibility is proof of authenticity. In person beats everything. Chip pushes agency owners to budget for it deliberately, with clients, prospects, and remote team members alike. Gini mentions the Augusta Rule as one way to offset some of those costs, though both are quick to say talk to your accountant before you try to benefit from it. Key takeaways Chip Griffin: “In the age of AI, meetings are even more valuable than they were before because you can’t fake this kind of interaction.” Gini Dietrich: “The more time you can spend with a client or with a prospect really understanding their business, the way that they operate day to day, their pain points — those are the kinds of conversations that are gonna make you smarter.” Chip Griffin: “When you hit that inevitable rough patch somewhere down the road, and we all hit rough patches with our clients at one point or another, it gives you that oftentimes reservoir of goodwill that you can draw on because you made that human connection.” Gini Dietrich: “My day-to-day contact there became one of my closest friends. She’s one of my closest friends today, even though we haven’t worked together in 20 years, and the reason being is that we got together in person all the time.” View Transcript The following is a computer-generated transcript. Please listen to the audio to confirm accuracy. Chip Griffin: Hello, and welcome to another episode of the Agency Leadership Podcast. I’m Chip Griffin. Gini Dietrich: And I’m Gini Dietrich. Chip Griffin: And Gini, I think we’re, we’re people people. We’re- Gini Dietrich: We’re people people? Chip Griffin: I’m a people person, so that make us people people. People- People … people. We’ll just keep saying the word people. But in all seriousness, the age of AI, everything seems to be impersonal, so that opens the door to be more friendly to actual people, to be more personable. And so I think we can talk about how we can set ourselves apart as agencies, as leaders in this age where the tech seems to do almost everything for us. Gini Dietrich: Yeah. You know, it’s funny that this conversation is happening right now because I’m coming to this conversation straight from our bimonthly learning session internally. And one of the things that we talked about today was, you know, how to use AI, our critical thinking skills, but also how to use questioning and probing with it- new business prospects and with clients to be able to uncover the real problems of what they’re, the real pain points of what they’re facing versus just the surface level, “I have a measurement problem,” kinds of things. And it’s, it’s definitely not something that you can rely on AI for. You have to actually use your people skills to be able to do that kind of work, and that’s what we spent about an hour going through internally today. Chip Griffin: Yeah, I mean, there’s, there’s so many more opportunities now to leverage the human connection piece with your clients, with your prospects, with your team because so much of what they’re seeing is AI slop. Is technology-driven. And, and whether that’s the pitches that we get in our inbox, and you sit there and you’re like, “I know AI generated this and sent it to me,” and all that. And so trying to find ways where you can break through and make a human relatable interaction with somebody and provide real human insight in those conversations gives you the opportunity to do things that, you know, a couple years ago nobody would’ve paid attention. Now they do. Gini Dietrich: Right. Right. Yeah. You know, one of the things I always talk about is, especially with content, and I think this applies here as well, is demonstrating your experience and expertise because nobody else can do that. And I think if, as you’re thinking about those human relations and the people skills and actually interacting with actual human beings, where you can demonstrate experience and expertise is really what’s going to set you apart in all of those conversations. Because nobody else has your experience or expertise. You know, they may have some of the similar experience, and they may have similar expertise, but nobody does it exactly the same way that you do. And I think being able to demonstrate that in your conversations is where you will win every time. Chip Griffin: Well, I think the key is having actual conversations. Gini Dietrich: Fair. Start there. Chip Griffin: I was talking with a leader today who said, “Look, I just, I don’t even have time to read half the stuff that comes in, even from my direct reports. And so for me, the best way to interact with all of my direct reports is through actual conversations, either in person or by video call because that’s, that’s the only way I have an opportunity to focus on it.” And so, you know, I, I know that we all are of the mindset, geez, you know, we don’t want to be meeting to death and all of that, but I would argue that in the age of AI, meetings are even more valuable than they were before because you can’t fake this kind of interaction. Gini Dietrich: Right. Chip Griffin: If you’re engaging with somebody on Zoom or Teams, I mean, sure, you could have one of those AI apps that, that, you know, the kids are apparently using to interview these days where it puts the answers up on the screen or whatever. I don’t know. But the reality is nobody’s really doing that that I know of, in the agency and client world. So, you know, it’s reasonable to assume that you are actually being yourself when you are communicating with a client, prospect, or team member. And so take advantage of those opportunities. Don’t say, “Well, this could’ve been an email.” Well, yeah, it probably could’ve been, but people are gonna think that was generated by AI. So, you know, don’t meeting yourself to death, but certainly be more open to meetings than you might’ve been five years ago. Gini Dietrich: And I would add to that, that I think the person you mentioned a few minutes ago, I think that’s exactly right. You know, at, I mean, as my agency grows and as we get bigger and, and like the amount of stuff that comes at me every day is impossible to keep up with, and the meetings, especially the one-to-one meetings that I have with my team that are most effective are the ones that they say, “I need this decision, this decision, and this decision,” and then they walk me through so that I’m not having to review decks. I’m not having to review documents. They walk me through what they’re doing. They walk me through their problem-solving, and they walk me through the decisions that they need from me to be able to move forward. Otherwise, it’s gonna sit on my to-do list for two or three weeks when they can use a one-to-one really effectively that way. So I think you’re absolutely right. You don’t necessarily have to have more meetings. You just need to use them more effectively. Chip Griffin: Right. And I mean, even before the age of AI, I always told all my direct reports, “Use those one-on-one meetings to just get every answer you need from me.” Yep. It, it’s the best way… you’ve got me focused. Take advantage of that. Absolutely. Don’t walk away saying, “Geez, I should’ve asked him this.” If you can get the answer, get the answer. And I think we can, we can do that, but it’s also your opportunity to show that you’ve actually got the knowledge yourself in these conversations. You’re not relying on AI to spoon-feed it all to you because, I mean, let’s face it, you know, we’ve all come to distrust the content we see from almost everybody- Mm-hmm … and say, “Well geez, is that really theirs or did that come from AI?” And people are, they’re trying to say, “Oh, well, I can identify the AI.” You can’t. I guarantee you can’t. I can’t tell the difference between my writing and AI writing unless I do a forensic analysis and go back to figure out who wrote the first draft of something. Yeah. And I think that, I mean, honestly, I think the people who have the toughest time with that are the people who, you know, were prolific writers before because prolific writers tended to write in a certain way, which is what the LLM’s all trained on. So, you know, those of us who were professional writers … we used a lot of em dashes. That taught the LLMs, “Use em dashes.” Gini Dietrich: Yep. Chip Griffin: Now, you use an em dash, you must be using AI. Yeah. Baloney. Baloney. Gini Dietrich: Baloney. I still use an em dash, and I will die on that hill because I am not going to stop. Chip Griffin: No. And, that’s the human style that we used to be able to express in writing. I think it’s becoming increasingly difficult to truly express yourself in written form, in a way that is fully trusted by folks. And so I think the, you know, for now at least, there is also an opportunity to do more video in your content creation. Because while, yes, you can fake AI, and that’s getting really good, to be honest with you, the avatars you can create and, and I could create it as if this show was me talking, and nobody would be any the wiser. Gini Dietrich: Yep. Chip Griffin: It’s still rare that that’s happening today. Right. So for now, you have that opportunity to make that human person-to-person connection through video, and so I’m encouraging everybody to do more video. Maybe not instead of the written, but at least in conjunction with it, because it helps to show that you’re putting these thoughts and ideas into your own voice and not just, you know, generating something with Claude or ChatGPT and shipping it without a thought. Gini Dietrich: Yeah. And in person, if you can do it in person, I would recommend that as well. Chip Griffin: Oh, in person’s even better. Gini Dietrich: Like, yeah. Like, I mean, I- absolutely, because- Chip Griffin: ‘Cause you really can’t fake it in person, at least not yet. Gini Dietrich: You definitely cannot fake it in person. Chip Griffin: I mean, we, we don’t have convincing holograms out there that someone  can’t tell is a hologram. Not yet. Not yet. Gini Dietrich: Not yet. I am very much looking forward to that, but not yet. Chip Griffin: Well, I mean, I, I do believe- Mm-hmm … that the world needs more of us out there physically. Gini Dietrich: Yeah. Chip Griffin: I mean, we could take the Chip and Gini Show on the road- Gini Dietrich: We could … Chip Griffin: without having to, to leave anywhere. Just have the AI do it all for us. Gini Dietrich: Fantastic. I love it. Yeah. We’ll just be like Princess Leia and we’ll beam in. I love it. Let’s do it. I think that’s fantastic. Chip Griffin: Ah, yes. But I mean, I think there are other ways that you can make those personal connections. You know, one of the things that I’ve done for a number of years now is I’ve done handwritten notes to people on a weekly basis. Not everybody every week, obviously, but you know- Gini Dietrich: I’ve never gotten a handwritten note from you. Chip Griffin: Uh, I think you did, like, at the very start of this show, I think. I believe I did, but I would have to go back and- Gini Dietrich: Yeah, I think you might be right. Okay, I take it back … Chip Griffin: pretty, pretty sure that you did. I- All right you know, I, I try not to overdo it because at some point it- Fine … it gets cheapened. But, generally speaking, when I have a podcast guest on, for example, I send them a handwritten note after the episode goes out, assuming I have their address. I mean, that’s obviously a challenge in some cases. Sure. And it gets a little creepy when you start asking people for their addresses sometimes. So you gotta … It’s, it’s not as easy as it once was, and sending something to a business address- Right … doesn’t necessarily get there anymore. Yeah, yeah. But when you can get an address to send them a personal handwritten note, it stands out today ’cause nobody gets any mail. Yep. Nobody sees things that aren’t electronic, and even though, in my case, nobody can read my handwriting, but they still know that I put the thought into it. That’s right. Yep. And the fact that they can’t read it tells them it’s real, right? Because if I paid one of the services, ’cause you can pay services that will, you know- Gini Dietrich: To type it out, yeah Chip Griffin: well, no, will do a fake handwritten- Gini Dietrich: Oh, yeah, yeah … Chip Griffin: thing. But it’s computer generated, so it’s, it’s fully legible. Gini Dietrich: Yeah. Chip Griffin: There’s no way anybody would pay for what I send. I mean, it’s just, it’s … I mean, I can’t read half of what I write. And I try. I, I do try, but I just have horrible, horrible penmanship. Gini Dietrich: Yeah, I think that you’re right. Any way that we can create the human-to-human interaction, and lots, there are lots of tools available today that make it easy for us, that’s gonna be, that’s, that is going to set us apart. And like I said to my team earlier today, the more time you can spend with a client or with a prospect really understanding their business, the way that they operate day to day, their pain points, the business’ pain points, those are the kinds of conversations that are gonna make you smarter. And if you use AI, you take that transcript and you dump it in there and say, “These are the kinds of things I’m thinking about. Can you poke some holes in it or tell me what I’m missing?” For sure you can do that, but do that after the conversation so that you, you understand, you can demonstrate your experience and your expertise and really have that human-to-human interaction. Chip Griffin: Well, and, leaning into something you said before- Look for those opportunities where you can get together with people in person. Gini Dietrich: Yep. Chip Griffin: And so again, I think the value of that has been elevated. It’s always been important and useful to, to meet with clients, prospects, team members in person, but I think it’s even more valuable today because, you know, we, as we talked about, you can’t fake that kind of interaction. Technology isn’t doing it for you. But it also allows you to elevate yourself over other people they may be interacting with, whether that’s a prospect looking at different firms, or whether that’s an employee who’s like, “Well, I, I feel disconnected ’cause we’re remote.” I mean, we, we talk about the importance of if you’re running a remote agency, which many of you are, you need to have regular in-person get-togethers, and you need to have budget to get people to travel. If they’re not all local, you still need to bring them in because those human interactions that you have by getting together, meeting in person, sharing a meal, sharing a coffee, those are all things that allow you to strengthen the connection and really set yourself apart in the age of AI. Gini Dietrich: Yeah, absolutely. I mean, and I think you said something really, really important, which is set the budget. So as you’re budgeting – granted, I know not everybody budgets every year, but you should be doing that. As you’re doing that, set some budget aside for these kinds of things. And I will tell you, and certainly I am not an accountant, I am not a finance professional, but in many cases, you can… Even if you host that in your home, something like that in your home, not have people stay there, but host, like, strategy planning meetings or things like that in your home, you can deduct some of that from your taxes. So you can… There’s, there are ways that you can do it so it’s not actually costing you money on top of, like, it’s something that’s deductible. So, you know, talk to your accountant about that, but there are some things that you can do to offset some of those costs, too. Chip Griffin: Yeah, it’s, you’re talking about the Augusta rule. So when you talk with your accountant, ask about the Augusta rule. It is something that is potentially useful, but please, dear God, do talk to your accountant before you do this- Gini Dietrich: Yes, please. Please. … Chip Griffin: Because I’ve talked with some folks, they see someone online say, “Oh, you should use the Augusta rule,” and they’re like, “Oh, cool. Well, I’ll just do…” No, there’s actual proper steps that you have to go through to prove that it’s a legitimate expense, to prove the amount and all of that kind of stuff. So, so please, do make sure that, because it is, that is one of the more complicated areas of tax law, and so you really wanna make sure that you’re getting that one correct so that- Gini Dietrich: Yeah, just- … Chip Griffin: they don’t come in and whack you for- Gini Dietrich: Take our advice to, take our advice to look into it. Yeah. Do not take our advice to just implement it. Chip Griffin: Right. But regardless of how you go about getting together in person, the important thing, at least for this episode, is that you do it, because that does, it, it strengthens that human connection, which pays all sorts of dividends. I mean, even with clients, getting together in person, it, it helps you. You can read body language in ways that you can’t do even on a video call. You can strengthen the relationship so that when you hit that inevitable rough patch somewhere down the road, and we all hit rough patches with our clients at one point or another- it gives you that oftentimes reservoir of goodwill that you can draw on because you made that human connection, and you’re not just, you know, the other end of a contract. You are someone that they’ve gotten to know. And so we want to try to find as many ways as possible to have that relationship with everybody that we work with at every level, vendors, clients, prospects, team members. Gini Dietrich: Yep, yep. Chip Griffin: Whatever it may be. Gini Dietrich: Yep. Yeah, I mean, my newsletter that’s going out in a couple of days, talks about how Ocean Spray was one of my very first clients as a young whipper-snapper working at FleishmanHillard. And there, my day-to-day contact at, there became one of my closest friends. She’s one of my closest friends today, even though we haven’t worked together in 20 years, and the reason being is that we got together in person all the time, we traveled together, we were, you know, sort of in the, the ranks together working through all sorts of issues and challenges and, you know, building… We built a real friendship. And you can’t do that on Zoom. You just can’t. Chip Griffin: Right. And, I know we all want to be more efficient and all of that, and that’s all fine and good, and I am a huge believer in using the technology- Oh, yeah … whether it’s AI or otherwise- Gini Dietrich: Absolutely … Chip Griffin: to, to make yourself more efficient, but you can’t do that at the expense of losing that human touch. Gini Dietrich: Right. Totally. People skills, people skills, people skills. Chip Griffin: They are more important today than they have ever been. And that, that is common throughout history. As, as one thing becomes dominant, the antidote to it, if you will, or the opposite piece of it often becomes equally valuable because everybody else is ignoring it. So find those places where you can stand out, you can be a little bit different. And, many people went into the agency world because they were people people, people. I… it sounds so stupid. Gini Dietrich: People, people people, people pleasers. Person, person, people. People, pe- people Chip Griffin: ‘Cause you’re a people person- A person so if you’re people pe- I don’t know. Gini Dietrich: I don’t know either. Chip Griffin: I feel like I’ve taken this off the rails as I usually do, so maybe this is a good point to, to draw ourselves to a close here before people get peopled out. Gini Dietrich: We are all people people. People people. Chip Griffin: Makes me think of that old song, what is it, the, The Purple People Eater or something like that? Gini Dietrich: Yes, that’s exactly what I was thinking of at the beginning. Yeah. Yep. Chip Griffin: Yeah. Which if I could remember it, I wouldn’t sing it anyway because we’d probably get a copyright strike, so. Or maybe not. I don’t know. I don’t know how all that stuff works. I wouldn’t either. On that note, uh, I’m definitely careening off the rails here, so we will draw this episode to a close. Thanks for listening. I’m Chip Griffin. Gini Dietrich: I’m Gini Dietrich. Chip Griffin: And it depends.

Most business owners think tax strategy ends in April. It doesn't. It's just getting started! In this episode, we walk through the 5 most important 64 tax planning moves to make before September, including how to run a mid-year projection, the family payroll strategy that works best in summer, the Augusta Rule timing window, equipment purchase planning under Section 179 and Bonus Depreciation, and the August Reset framework used by high-earning entrepreneurs. Next Steps:

Most entrepreneurs don't realize how much money they're losing through poor tax strategy. The problem isn't always revenue. It's what happens after the money comes in. In this episode, Rachel sits down with Peter Holtz, founder of one of the fastest-growing accounting firms in the country. With experience spanning Big 4 accounting, CFO leadership, and building a $10M-plus firm from the ground up, Peter shares why traditional accounting models are failing entrepreneurs and what founders should be doing instead. Peter explains how proactive tax planning, financial organization, and smarter business structures can dramatically improve profitability and help business owners build real long-term wealth. He also breaks down how entrepreneurs can legally reduce their tax burden, improve financial clarity, and turn accounting into one of the highest ROI investments in their business. Why Reactive Accounting Is Costing Founders Thousands Peter explains that most accountants operate as "box fillers," focused only on filing returns instead of helping business owners strategically reduce taxes year-round. He shares why accuracy, organization, and the right business structure are foundational to keeping more of what you earn. From separating business and personal expenses to optimizing entity structure, small changes can create a massive financial impact. Peter also dives into overlooked strategies many entrepreneurs miss, including the Augusta Rule, paying children through the business, vehicle deductions, and structuring travel expenses correctly. Building Wealth Through Financial Clarity Beyond taxes, this conversation explores the deeper connection between financial awareness and leadership. Peter reflects on building his firm from a small operation into an Inc. 5000 company by embracing cloud accounting, systems, and long-term thinking early. He also shares why he believes entrepreneurs are modern-day pioneers and why supporting business owners is central to his mission. Rachel and Peter also discuss personal branding, scaling a service-based business, and the evolution of authority in today's digital landscape. Enjoy this episode with Peter Holtz… Soundbytes 17:53–18:14 "The Augusta Rule lets you rent out your house at fair market value. You have to determine fair market value. You've got to create a lease between yourself and your business, and there's a lot of details you have to live with. But it could easily be anywhere from $10,000 to $50,000 in tax-free income, depending on how you use it." 20:39–21:04 "I've said, you know, you should pay your kids, and I've heard, 'Well, we talked to our tax preparer, and they said it's a red flag.' It's not. I've been around for 40 years. I've been through audits. I've helped people that have come to me to get help with audits. The tax law is very clear that any child above age 7 can be paid a reasonable wage to help you in your business." Quotes "Most entrepreneurs are overpaying in taxes because no one ever showed them a better strategy." "A CPA should not be a cost center. They should be one of the highest ROI partners in your business." "When you don't commingle business and personal expenses, you're already telling the IRS you're organized." "The ultimate resource you can never get more of is time." "There's not a business problem that I can't solve anymore because after a while, you understand how businesses really work." Links mentioned in this episode: From Our Guest Website: https://www.peterholtzcpa.com/ Free Resource and Consultation: https://go.peterholtzcpa.com/rachel Connect with Peter Holtz on LinkedIn https://linkedin.com/company/peterholtzcpa Follow Peter Holtz on Instagram: https://www.instagram.com/peterholtzcpa Connect with brandiD Find out how top leaders are increasing their authority, impact, and income online. Listen to our private podcast, The Professional Presence Podcast: https://thebrandid.com/professional-presence-podcast Ready to elevate your digital presence with a powerful brand or website? Contact us here: https://thebrandid.com/contact-form/

Are you paying more taxes than you should? In this episode, we break down three powerful tax strategies that can help business owners and real estate investors keep more of what they earn. You'll learn how Cost Segregation can accelerate deductions, how the Augusta Rule can create tax-free income, and how an Accountable Plan can turn everyday expenses into valuable tax savings. We also cover common mistakes, real-world examples, and the simple rules you need to follow to make these strategies work. If you're looking for practical tax planning ideas, smart tax strategies, and business finance insights that can improve your bottom line, this episode is for you. Don't leave money on the table. Listen now and discover which strategy could save you thousands this year.   Next Steps: ➡️ Overpaying your CPA and the IRS? Learn how to stop it in this free training: https://go.phillipsbusinessgroup.com/registration

Small tax mistakes can cost you thousands, even when you think you're doing everything right.From missing a filing deadline to misunderstanding how a deduction works, small errors can quickly turn into penalties, lost deductions, and a higher tax bill.In this episode, Mike answers real tax questions from small business owners covering gambling losses, BOI reporting, moving an S corporation to another state, the Augusta Rule, HSAs, late 1099s, estimated tax penalties, startup expenses, vehicle write-offs, and more. He breaks down the rules, explains the available options, and shares practical steps to help you stay compliant and avoid costly tax mistakes.

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Listeners get a special 20% OFF IncomeBuilder.io with the code: podcastYou can also get the discount with this link: https://masterpassiveincome.com/ibpodcastJoin Dustin's Inner Circle Mastermind by applying here: https://masterpassiveincome.com/mastermindGet my real estate investing course for free! https://masterpassiveincome.com/freecourseJoin Dustin Heiner's 1on1 Real Estate Investor Coaching: https://masterpassiveincome.com/coaching//BEST REAL ESTATE INVESTING RESOURCE LINKSStart your LLC for FREE! https://masterpassiveincome.com/formanllcGreat High Interest Savings Account: https://masterpassiveincome.com/citGet your business bank account here: https://masterpassiveincome.com/baselaneGet your business credit card with 2% Cash Back with NO FEE! https://masterpassiveincome.com/amexLearn more about Dustin Heiner and find resources to build an automatic real estate investing business: https://masterpassiveincome.com/Links referenced in this episode:masterpassiveincome.com/freecourseLinks referenced in this episode:incomebuildermasterpassiveincomeincomebuilder33777masterpassiveincome.com/freecourseCompanies mentioned in this episode:Master Passive IncomeIncome BuilderCalendlyGoogle DriveDropboxfinancial independence, quit your job, investing in real estate, rental properties, income builder software, real estate investing tips, build passive income, financial freedom, real estate coaching, analyze rental properties, property management, off market deals, real estate portfolio management, tax season real estate, bookkeeping for investors, multifamily properties, cash flow analysis, real estate investment strategies, property analysis software, Master Passive Income Podcast

Andrew Giancola explains why high earners still live paycheck to paycheck and the exact steps to build wealth the right way as a real estate investor.In this episode of RealDealChat, Jack Hoss sits down with Andrew Giancola of Master Money to break down the financial mistakes even successful investors make and how to fix them before they cost you years of progress.Andrew covers:Why lifestyle inflation is the #1 wealth killer for real estate investorsThe "Big Three" spending categories that destroy financial progress (housing, transportation, food)How to find a real tax strategist (not just someone filling in boxes)The Augusta Rule, cost segregation, and other tax strategies investors overlookThe One-Three-Six emergency fund method and why you need it before you scaleHow to calculate your financial freedom number and reverse engineer your portfolioAvalanche vs snowball method for eliminating consumer debtWhy diversification beyond real estate matters for long-term wealthHow Andrew used AI (including Claude) to build custom software tools in 90 minutes that would have cost $5,000-$10,000AI use cases for real estate investors: property evaluation, tenant management, and deal analysisThis conversation is essential for:Real estate investors who feel busy but not financially freeEntrepreneurs scaling income but not building wealthInvestors who want to clean up their financial foundation before they growIf you've ever made more money and somehow ended up with less, this episode will show you exactly where it's going and how to stop it.

Listeners get a special 20% OFF IncomeBuilder.io with the code: podcastYou can also get the discount with this link: https://masterpassiveincome.com/ibpodcastJoin Dustin's Inner Circle Mastermind by applying here: https://masterpassiveincome.com/mastermindGet my real estate investing course for free! https://masterpassiveincome.com/freecourseJoin Dustin Heiner's 1on1 Real Estate Investor Coaching: https://masterpassiveincome.com/coaching//BEST REAL ESTATE INVESTING RESOURCE LINKSStart your LLC for FREE! https://masterpassiveincome.com/formanllcGreat High Interest Savings Account: https://masterpassiveincome.com/citGet your business bank account here: https://masterpassiveincome.com/baselaneGet your business credit card with 2% Cash Back with NO FEE! https://masterpassiveincome.com/amexLearn more about Dustin Heiner and find resources to build an automatic real estate investing business: https://masterpassiveincome.com/Links referenced in this episode:masterpassiveincome.com/freecourseLinks referenced in this episode:incomebuildermasterpassiveincomeincomebuilder33777masterpassiveincome.com/freecourseCompanies mentioned in this episode:Master Passive IncomeIncome BuilderCalendlyGoogle DriveDropboxfinancial independence, quit your job, investing in real estate, rental properties, income builder software, real estate investing tips, build passive income, financial freedom, real estate coaching, analyze rental properties, property management, off market deals, real estate portfolio management, tax season real estate, bookkeeping for investors, multifamily properties, cash flow analysis, real estate investment strategies, property analysis software, Master Passive Income Podcast

Most lawyers know how to make money — but not how to keep it. Sterling Louviere, financial strategist and founder of Financial Architects, has spent about 30 years developing and applying advanced, legal tax mitigation strategies used by the “super affluent,” and he now uses these strategies to help high-earning trial lawyers reduce their tax liabilities. Sterling joins host Dan Ambrose to reveal strategies most accountants have never heard of, including why the tax system is largely voluntary, how a lawyer earning $3 million a year can cut their tax bill by at least $750,000, and why the SEP plan your accountant recommended may be the worst tool available. Don't miss this episode for practical tax-reduction strategies, including entity structuring, family hiring, and tax-deferred investment vehicles designed to compound over time.Train and Connect with the Titans☑️ Sterling Louviere | LinkedIn☑️ Financial Architects☑️ Trial Lawyers University☑️ TLU On Demand Instant access to live lectures, case analysis, and skills training videos☑️ TLU on X | Facebook | Instagram | LinkedIn☑️ Subscribe Apple Podcasts | Spotify | YouTube2026 Programming☑️ TLU Beach, June 3-6, Huntington Beach, CAEpisode SnapshotMost trial lawyers are excellent at making money but aren't always given the tools to keep it. Sterling Louviere has built his business around helping attorneys close that gap through tax mitigation, asset management, and firm growth strategies.Sterling says most taxes are “voluntary” and that the super affluent use proven, legal techniques to mitigate millions in tax liability that remain largely unknown to most accountants and their clients.After earning the equivalent of $300,000 a year at age 24, Sterling ran into his own tax trouble — and that experience became the catalyst for a 30-year career studying every legal tax strategy available to high-income professionals.For lawyers earning between $1-$3 million per year, Sterling says he can reduce their tax liability by at least half — representing potential savings of $750,000 or more annually.The Augusta Rule enables homeowners to rent their personal home to their own business entity for up to 14 days per year — the income is non-taxable to the owner and deductible for the company.How to build a self-perpetuating investment fund that keeps capital working tax-deferred, allowing you to borrow against the pool for cases, real estate, or other investments without paying tax on the original income.Sterling's closing challenge: a CFO's first job is to minimize the company's tax liability — and for trial lawyers who are also business owners, that same obligation applies to their own firms.Produced and Powered by LawPods

Together, Shellee and Terry discuss: Why college planning should be approached strategically, not emotionally The connection between retirement planning and college affordability How tax strategies can create additional cash flow for tuition FAFSA misconceptions: families often misunderstand Why scholarships and tax planning should work together Tax-saving opportunities for business owners and entrepreneurs The Augusta Rule and short-term rental strategies How families can start planning even if their student is already in high school

President and Senior Financial Planner Paul L. Moffat and Director of Financial Planning Jordan Naffa break down the Augusta Rule and other strategic tax planning opportunities available to business owners. Inspired by the Masters Tournament in Augusta, Georgia, this IRS provision allows homeowners to rent their personal residence for up to 14 days per year and potentially receive tax-free income when properly structured.Paul and Jordan explain how business owners can use their homes for meetings, retreats, and planning sessions while creating legitimate business deductions and tax-efficient income opportunities. They also discuss the importance of documentation, fair market pricing, written agreements, and coordinating with qualified tax professionals to ensure compliance.The conversation expands to include additional planning concepts, such as the “wrap a weekend” strategy for business travel, deductible business expenses, and the difference between compliant and non-compliant tax strategies. This episode provides practical insight into how thoughtful planning and proper structure can create meaningful long-term tax savings.In this episode: ● What the Augusta Rule is and how it works ● How business owners can create tax-free income through home rental strategies ● The importance of documentation and fair market pricing ● Why written agreements and business purpose matter ● Understanding deductible versus non-deductible business expenses ● How the “wrap a weekend” strategy can maximize legitimate deductions ● Why strategic tax planning can create long-term financial advantagesThe opinions expressed in this podcast are for general purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security. It is only intended to provide education about the financial industry. It is not intended to provide tax or legal advice. To determine which investments may be appropriate for you, consult your financial advisor prior to investing. Any past performance discussed in this program is not a guarantee of future results. Any indices referenced for comparison are unmanaged and cannot be invested in directly. As always, please remember that investing involves risk and the possible loss of principal. Please seek advice from a licensed professional.Arista Wealth Management is a registered investment adviser. Advisory services are only offered to clients or prospective clients where our firm and its representatives are properly licensed or exempt from licensure. No advice may be rendered by Arista Wealth Management unless a client service agreement is in place.

Are you paying more in taxes than you legally have to? In this eye-opening episode of the 365 Driven Podcast, host Tony Whatley sits down with financial strategist and entrepreneur Rondi Lambeth to unpack the hidden tax strategies, wealth-building principles, and financial systems that many successful entrepreneurs use to legally keep more of what they earn. From growing up in extreme poverty to becoming a sought-after advisor for high-level business owners, Rondy shares a powerful and inspiring journey that completely redefines the way listeners think about money, taxes, and entrepreneurship. Throughout the conversation, Rondi explains why most business owners unknowingly overpay the IRS, how the wealthy legally minimize taxes using strategies hidden in plain sight, and why traditional CPA advice often leaves entrepreneurs stuck playing defense instead of building wealth. He dives into concepts like the Augusta Rule, hiring your children through your business, business structures, asset protection, and why understanding the tax code can dramatically increase profitability and long-term wealth. Tony and Rondi also discuss money mindset, imposter syndrome, scaling premium businesses, and the major difference between serving low-ticket customers versus high-value clients. This episode is packed with practical insights, controversial truths, and actionable financial education every entrepreneur should hear. If you're a business owner, entrepreneur, or high achiever looking to stop leaving money on the table and start thinking like the wealthy, this conversation will challenge everything you thought you knew about taxes and financial freedom. Key Highlights Why 93% of business owners legally overpay taxes The "Augusta Rule" explained in simple terms How wealthy entrepreneurs structure businesses differently Tax-saving strategies most CPAs never mention The mindset shift required to charge premium prices Why rich clients are often easier to work with How money beliefs formed in childhood impact success Legal ways business owners can pay their children through the company The truth about audits, "red flags," and IRS fear tactics Why understanding tax strategy is critical for long-term wealth building Connect with Rondi Lambeth Website: rondilambeth.com Instagram: rondilambeth.com Connect with Tony Whatley: Website: 365driven.com Instagram: @365driven Facebook: 365 Driven

In this week's episode of Living Off Rentals, we are joined by a tax and credit advisor who has an incredible story of overcoming extreme poverty to become a millionaire and is now helping others understand how to keep more of what they earn. Rondi Lambeth is also a bestselling author and international speaker who focuses on helping entrepreneurs reduce taxes, build business credit, and protect their assets through smart financial structures. Listen as he shares how his upbringing shaped his mindset around money, the hard lessons he learned after his first big tax bill, and the strategies he now teaches to help business owners keep more cash in their pockets.  Enjoy the show! Key Takeaways: [00:00] Introducing Rondi Lambeth and his background [03:00] Getting started with being passionate about helping business owners [06:04] Becoming a millionaire and the shocking tax bill that followed [09:50] The journey from being homeless to becoming a millionaire [13:27] Personal loss that led to starting a credit repair company [16:37] About Tax-Free Wealth [21:08] Where real estate investors should start with tax strategy [23:28] The sacrifical LLC [25:45] Fixing a setup if you already own properties [31:04] Building business credit the right way [42:20] The Augusta Rule explained [46:57] Hiring your kids and other tax-saving strategies [53:53] Connect with Rondi Lambeth [54:39] Outro Guest Links: Website: https://winningthetaxgame.com/  Website: https://rondilambeth.com/  Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – https://www.livingoffrentals.com/  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals   

In this episode, I sit down with tax strategist David A. Perez, who has helped his clients save over $1 BILLION in taxes. We break down the fundamental difference between how wealthy people and broke people think about taxes, and David reveals specific strategies that anyone can use—from early-stage entrepreneurs making their first $50K to 7-figure earners looking to pay zero in taxes legally. We dive into depreciation strategies, the Augusta Rule, employing your children, turnkey investment opportunities, and why most CPAs aren't equipped to help high-income earners. David also explains the real reason people like Grant Cardone buy jets and helicopters (hint: it's not just to show off), and why focusing on making more money should be your #1 priority if you're under $250K. If you've ever felt frustrated paying too much in taxes or confused about what strategies actually work, this episode is a masterclass you can't afford to miss. --- ABOUT DAVID David A. Perez had been a widely regarded tax pro for nearly a decade when he was hit with his own six-figure tax bill, forcing him to realize how little he knew at a strategic level. When an experienced CPA mentor told him there was no fix, David dug deep to uncover the game-changing tax strategies that rarely get implemented. David now brings those strategies to the masses on both ends of the financial spectrum. To serve tax professionals directly, he founded Tax Maverick AI (see below). Meanwhile, he serves individual investors by sharing actionable tax strategies. From his frequent media appearances and viral social media posts to authoring three books, David's aim is to make the public understand what's possible: "The tax code wasn't written to punish you. It was written to reward those who understand it. Stop being punished. Start being rewarded." - David A. Perez Connect with David: Website - https://www.davidaperez.com/ Instagram - https://www.instagram.com/iamdavidaperez Facebook - https://www.facebook.com/david.a.perez.301182 YouTube - https://www.youtube.com/⁨@iamdavidaperez⁩  --- About Justin: Justin Colby is the host of The Entrepreneur DNA and The M.O.R.E Show podcasts and a best-selling author. He is a serial entrepreneur and a seasoned real estate investor with over 20 years of experience. Driven by a passion to help entrepreneurs thrive, Justin created the Entrepreneur DNA community to support business owners in building wealth, systems, and long-term freedom. Through his podcasts, books, education platforms, and hands-on mentorship, he continues to help entrepreneurs scale with clarity and confidence. Connect with Justin: * Instagram: @thejustincolby * YouTube: Justin Colby * TikTok: @justincolbytsof * LinkedIn: Justin Colby Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Tax filing reports what already happened. Tax planning is what puts you back in control.If you just finished paying your 2025 taxes and you're wondering how the bill got that big, this week's Money On Tap is for you.Ben Brayshaw and Dan Michelon walk through the year-round tax strategies most investors — and most financial advisors — are quietly missing. From bracket management and income engineering to real estate depreciation, solo 401(k) contributions, charitable trusts, and the often-overlooked Augusta Rule, this is a working playbook for keeping more of what you earn.What you'll learn:Why tax planning beats tax filing every year — and what most advisors skipHow to engineer your income to stay in a lower bracket without changing your lifestyleThe difference between one-off Roth conversions and a real 10-year Roth strategyReal estate deductions, cost segregation, and the Augusta Rule explainedSolo 401(k) vs SEP IRA — and why business owners routinely leave $30K+ on the tableCharitable remainder trusts: the tax strategy almost nobody talks aboutWhy today's 37% top federal bracket is historically low — and what that means for your retirement planPlus Money In The News:Google's $10M commitment to train American manufacturing workers on AIThe cost to raise a child in the US now tops $300,000South Hadley, MA rejects a 50% property tax hike by a 2-to-1 voteRead the companion blog: brayshawfinancial.com/blogSchedule a free consultation: app.greminders.com/t/9f3ce72e/initialconsultaFull Money On Tap episode library: brayshawfinancial.com/money-on-tapContact UsPhone: 855-226-8551Email: info@yourmoneyontap.comOffice: 116 South River Road, Bedford, NH 03110Web: brayshawfinancial.comWhat is the "picks and shovels" approach to space investing? The picks-and-shovels approach focuses on the suppliers, infrastructure providers, and service companies that support a fast-growing industry — rather than betting on a single headline name. In space, that means owning the makers of satellites, components, ground networks, robotics, and data services that profit no matter which rocket company ultimately wins.

In this episode of the Tax Smart REI Podcast, Thomas Castelli and Nathan Sosa break down the Augusta Rule, one of the most talked-about and misunderstood tax strategies in real estate. In this episode, we cover: - Where the Augusta Rule came from and how it ended up in the tax code - Who actually qualifies (and who doesn't) - Why this strategy is often overhyped, especially for business owners - Real examples of homeowners earning $10K–$50K tax-free during major events - How events like the World Cup, Super Bowl, and Olympics can create big opportunities - The most common mistakes that can disqualify the strategy We also answer a listener's question about getting a rental property out of an S-corp and why that can become a tricky (and expensive) situation if you're not careful. To become a client, request a consultation from Hall CPA, PLLC at go.therealestatecpa.com/3KSEev6 Get the FREE Ultimate STR Tax Strategy Bundle: go.therealestatecpa.com/strbundle Submit your question for Tom & Nathan: go.therealestatecpa.com/question The Tax Smart Real Estate Investors podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests. Any mention of third-party vendors, products, or services does not constitute an endorsement or recommendation. You should conduct your own due diligence before engaging with any vendor.

Your tax return can feel like a verdict, but it doesn't have to be. I sit down with Bruce Willey, a rare combo of CPA and attorney, to talk about what most high-earning business owners never get from “normal” tax prep: an actual tax plan. We start with Bruce's Tactical Games journey, where accuracy matters even when your heart rate is spiking, and how rebuilding his health after a 2018 stroke sharpened his focus on recovery, discipline, and long-term performance.Then we get into the money. Bruce lays out the difference between tax compliance and tax strategy, why many CPAs are trained to look backward, and why planning is still possible for entrepreneurs and closely held businesses. We talk about building a blended approach instead of chasing one-off deductions, and a simple rule that saves people from bad decisions: don't buy something you don't need just to “save taxes.”You'll hear practical, code-based ideas like paying family members for real work, hiring your kids at fair market value, and using Roth IRA planning in a way many families overlook. We also cover the Augusta Rule and what the IRS expects when you use it, plus audit reality: documentation wins, credit card statements are not receipts, and material participation records can make or break certain deductions. We close with estate planning considerations around today's elevated estate tax exemption, and where to follow Bruce's work on Real Clear Markets.If you found this helpful, subscribe, share the episode with a business owner who needs a better plan, and leave a review so more people can find the show.---How to connect with Bruce:Founder & OwnerAmerican Tax & Business Planning3519 Center Point Road NECedar Rapids, IA, 52402Website: https://www.americantbp.com/ Phone: (319) 200-6716 Email: bwilley@americantbp.com Youtube: https://www.youtube.com/@brucewilley3956LinkedIn: https://www.linkedin.com/in/bruce-willey-b574b14/ Twitter: https://x.com/BWcatalystFacebook: https://www.facebook.com/AmericantaxandbusinessplanningHear Past episodes of the Way2Wealth Podcast!https://theway2wealth.comLearn more about our Host, Scott Ford, Managing Director, Partner & Wealth Advisorhttps://www.carsonwealth.com/team-members/scott-ford/Investment advisory services offered through CWM LLC, an SEC-registered investment advisor.  Carson Partners, a division of CWM LLC, is a nationwide partnership of advisors. The opinions voiced in the Way to Wealth with Scott Ford are for general information only and are not intended to provide specific advice or recommendations for an individual. Past performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Investing involves risk, including possible loss of principal. No strategy assures success or protects against loss. To determine what may be appropriate for you, consult with your attorney, accountant, financial or tax advisor prior to investing.  Guests on Way to Wealth are not affiliated with CWM, LLC. Legado Family is not affiliated with CWM LLC. Carson Wealth 19833 Leitersburg Pike, Suite 1, Hagerstown, Maryland, 21742.

Kansas City is about to take center stage as it hosts one of the biggest global events with the World Cup, and that spotlight brings a surge of opportunity. Homeowners are asking a simple but powerful question: can you rent out your home during the event and keep the income tax-free? It all points back to a little-known strategy called the Augusta Rule, a tax provision that sounds almost too good to be true, but isn't as simple as it seems. In this episode, Scott breaks down what the Augusta Rule actually is, where it came from, and how it applies to real-world situations like the World Cup. Here's what we cover in this episode: ⚽ Major events create real financial opportunities

Every business owner hits a point where the tax questions start stacking up. Can I deduct this? Should I switch to an S Corp? Is this still a business if I have not made money yet? And what happens if I did something before I had my systems set up the right way?In this episode, Mike opens the floor to questions from business owners and breaks down the tax answers behind them. From zero-activity LLC filings and Schedule C concerns to family payroll planning, vehicle deductions, and rental strategies like the Augusta Rule, this episode covers the practical decisions that shape how much tax you pay and how well your strategy holds up. 

The Masters Tournament is unlike anything else in sports—and in this episode, we break down exactly why.From the legendary Augusta menu with $1.50 sandwiches to the shocking $6,300 resale ticket prices, we dive into the traditions, rules, and hidden realities of Augusta National. We also unpack the Augusta Rule, the strict no-phone policy, and what really goes on behind the scenes at one of the most exclusive events in the world.We also discuss:• Why Masters tickets are nearly impossible to get• The bizarre resale market vs official rules• How Augusta controls every detail—from food prices to course conditions• The truth about LIV Golf vs PGA players• Our pick for the 2026 Masters ChampionIf you're into money, motivation, and real-world insights tied to major events, this is an episode you don't want to miss.

Tax Day is right around the corner, and tax strategist Karlton Dennis is here to make sure you don't leave a single dollar on the table. Today he breaks down the legal loopholes that you can still take advantage of before the filing deadline and the long-game moves that can keep thousands in your pocket. Nicole and Karlton cover tax strategies for both W2 employees and entrepreneurs, how parents can use the tax code to build wealth for their kids and new deductions from the Big, Beautiful Bill that you should definitely be taking advantage of. Plus, Nicole and Karlton break down viral hacks like the Range Rover write-off, the Augusta Rule that lets you pay yourself tax-free, short-term rental deductions, and putting your kids on payroll.  Check out Nicole's financial literacy course The Money School  Find a Financial Advisor or Financial Coach from Nicole's company Private Wealth Collective Watch video clips from the pod on Money Rehab's Instagram and Nicole Lapin's Instagram Follow Karlton on Instagram and YouTube Work with Karlton Here's what Nicole covers with Karlton:  00:00 Are You Ready for Some Money Rehab?  02:00 Last-Minute Tax Moves Before the Filing Deadline  02:38 Bonus Depreciation and the Big Beautiful Bill  03:26 The Range Rover Write-Off: How the Math Actually Works  05:26 The Best Part of the Tax Code for Entrepreneurs  07:26 How Karlton Writes Off Clothing 08:38 When Should a Side Hustler Set Up an LLC?  10:45 IRS Red Flags  12:01 What Actually Happens During an IRS Audit  13:28 Why Karlton Thinks of the IRS Like a Dentist  15:09 How to Pay 0% in Income Taxes (And Why That's Not Always the Goal)  17:00 How Elon and Trump Avoid Taxes 18:02 Short-Term Rentals 101 25:35 The Augusta Rule: Pay Yourself $28K Tax-Free  28:28 Why Karlton Is Obsessed with S-Corps  30:19 The QBI Deduction and How to Maximize It  31:26 What to Think About When Forming an Entity  36:35 QSBS: The Exit Strategy That Could Save You $40M in Taxes  40:38 How to Make Your Kids Millionaires   44:53 The Backdoor Roth IRA Explained  46:10 Self-Directed Roths and the Peter Thiel Strategy  49:29 How to Get Tax Breaks for Watching Movies  53:36 The Tax Scam to Avoid Right Now: Charitable LLCs  55:27 Why AI Is Not Your Tax Advisor  50:07 Karlton's Tip You Can Take Straight to the Bank All investing involves risk, including loss of principal. This episode is for informational purposes only and does not constitute financial, investment, or legal advice. Always consult a licensed professional before making financial decisions.

Tax season is here, and we're breaking down key strategies you need to know RIGHT NOW.In this episode of MX3 Podcast, we dive into:- The Augusta Rule and how it really works- Schedule C vs Schedule F explained in simple terms- The realities of farming, ranching, and government subsidies- Why self-employment taxes can catch people off guard- How to properly prepare before starting a businessIf you're earning income outside of a W-2 or thinking about starting a business, this episode could save you money and headaches.We believe in money, motivation, and taking action—and this episode is all about helping you level up your financial understanding.

What does it look like when a physician gets laid off from a corporate-acquired DPC practice and turns that loss into the exact practice he always wanted to build?We close out Financial Sustainability Month with Dr. Josh Chow, DO and his wife Katherine Chow of Ohana Medical in Centennial, Colorado. Their story is one of resilience, financial clarity, and a deep commitment to family, both the one they are raising and the one they are building with their patients.Dr. Chow spent five and a half years in what started as his dream DPC job. When that practice was sold to a corporate entity, everything changed. Rather than accept the new normal, he and Katherine spent months searching for another DPC position before deciding they had to build their own. Ohana Medical opened in October 2025.In this episode we cover:Why he left surgical residency and how that training shapes his DPC todayHow they funded their startup with a family loan, severance, and a ~$100K budgetTheir pricing strategy, open enrollment timing, and insurance broker vetting processOne-time visits as a patient conversion toolIn-house pharmacy, procedures, and financial non-negotiablesTax strategy: Augusta Rule, home office deductions, sole proprietor LLCRetirement planning: Roth IRAs from day one and front-loaded 529sRunning a practice and a family alongside your spouseThis one is honest, practical, and deeply relatable. Listen now.Osprey CFO handles your DPC financial infrastructure so you can focus on patients and growth. Get your FREE Osprey + My DPC Story Financial Decision Tree HERE.  DPC gives you autonomy. But autonomy without financial clarity becomes stress in disguise.Cash flow. Owner pay. Hiring timing. Tax strategy.These aren't afterthoughts. They're what protect your freedom long term.Book a free 30-minute strategy call with Osprey CFO to see how they can help you handle the financial infrastructure of your DPC so you can focus on patients  Find a My DPC Story Event near you! State Summits in CA, IL, a My DPC Story LIVE event and the DPC Women's Summit are all coming! Learn more at mydpcstory.com/upcoming-events! Earn money WHILE running your DPC! Join SERMO for FREE today!Support the showGET your FREE MONTHLY BUSINESS TOOL DOWNLOADBecome A My DPC Story PATREON MEMBER! SPONSOR THE PODMy DPC Story VOICEMAIL! DPC SWAG!FACEBOOK * INSTAGRAM * LinkedIn * TWITTER * TIKTOK * YouTube

Want to reduce your taxes while building wealth? In this episode, we break down how rental properties actually work, the real tax advantages most people overlook, and the truth about the Augusta Rule.If you've ever wondered how to turn real estate into a tax-saving machine—or if you've heard people talk about “writing everything off” but weren't sure what that really means—this episode is for you.We walk through depreciation, deductible expenses, cash flow, and how rental income impacts your tax return. Plus, we clear up the hype around the Augusta Rule and when it actually works (and when it doesn't).Our mission at MX3 Podcast is to talk about money, motivation, and relevant events that help you make smarter decisions.

Many business owners overpay taxes because their CPA focuses on compliance instead of strategy. In this episode, we answer real tax questions from business owners about Schedule C, home office deductions, S-Corporation elections, and the Augusta Rule. You'll learn what deductions are truly allowed, when an LLC makes sense, and how to know if you're ready for S-Corp status. We also break down common fears like depreciation recapture and audit risk. These strategies are not loopholes. They are legal tools built into the tax code to help business owners keep more of what they earn. If you've ever felt dismissed or talked down to about your own finances, this episode gives you the clarity and confidence to ask better questions.   Next Steps: ➡️ Overpaying your CPA and the IRS? Learn how to stop it in this free training: https://go.phillipsbusinessgroup.com/registration

Courtney Epps, EA, PhD, is the Founder of OTB Tax and a nationally recognized tax strategist, international speaker, and TEDx speaker. With nearly 20 years of experience, she helps entrepreneurs and businesses — from startups to $100 million companies — use strategic tax planning to legally reduce taxes and drive financial growth. She is also the Founder of Tax Rebels, an educational platform and community that teaches entrepreneurs how to use proactive tax strategies to keep more of what they earn. Courtney is the best-selling author of More Relaxing, Less Taxing and What's Your Plan B?. In this episode… Taxes are often treated as an unavoidable cost of doing business, something entrepreneurs simply accept each year. But what if many business owners are paying far more than they legally need to? The real question is: are you using the strategies that allow you to keep more of what you earn? For Courtney Epps, a recognized tax strategist and financial educator, many entrepreneurs miss key opportunities to legally reduce their tax burden. She explains that common mistakes, such as improper business structure, incorrect salary payments, and overlooking eligible deductions, can cost business owners tens or even hundreds of thousands of dollars each year. Courtney highlights strategies such as the Augusta Rule, which allows business owners to rent their homes to their companies tax-free, and hiring children in the business to shift income into lower tax brackets. When used correctly, these strategies help entrepreneurs keep more of their income and accelerate long-term wealth building while making tax planning a critical financial priority. In this episode of the Inspired Insider Podcast, Dr. Jeremy Weisz sits down with Courtney Epps, Founder of OTB Tax, to discuss smart tax strategies every business owner should know. They explore common tax mistakes entrepreneurs make, how strategies like the Augusta Rule and hiring your kids can reduce taxes, and why tax planning should be a top financial priority. Courtney also shares real-world examples of saving clients millions through advanced charitable tax strategies.

Most business owners unknowingly leave thousands of dollars in tax savings on the table every year. In this episode, John talks with tax strategist Peter Holtz about proactive tax planning, common deductions many entrepreneurs miss, and why year-round strategy matters more than last-minute filing. They discuss overlooked opportunities like the Augusta Rule, paying your kids through the business, home-office deductions, and smarter entity structures. If you want to legally reduce taxes, improve cash flow, and build a more profitable business, this conversation offers practical strategies every small business owner should understand. Today we discussed: 00:00 Tax Deadlines and Planning 01:50 Proactive Tax Planning 03:35 Tax Code Complexity and AI Tools 06:26 Business Tax Deductions 09:11 Augusta Rule Tax Benefits 10:37 Tax vs Cash Flow Decisions 14:16 Profit Mindset 16:19 Implementing Profit First 18:31 Tax Advisors and Real Estate 21:17 IRS Delays and Filing Problems 22:49 Closing Remarks and Resources Rate, Review, & Follow If you liked this episode, please rate and review the show. Let us know what you loved most about the episode. Struggling with strategy? Unlock your free AI-powered prompts now and start building a winning strategy today!

Are you accidentally overpaying in taxes every year? What if the strategies wealthy families use to grow their fortunes were available to you too? And what if smart tax planning could actually help you build generational wealth not just lower your tax bill? In this episode of Life Changing Money, Barbara breaks down some of the most powerful tax strategies used by wealthy entrepreneurs and celebrities to grow their net worth while legally minimizing taxes. Many business owners focus on tax deductions in the moment, but the real opportunity lies in strategic planning that builds wealth for the future. If you're a business owner who wants to keep more of what you earn and grow your wealth faster, this episode will open your eyes to strategies most entrepreneurs never hear about. Tune in to hear:  Why wealthy families strategically shift income to their children How annual gifting strategies can reduce estate taxes and build generational wealth The surprising tax lessons business owners can learn from the Kardashians How real estate investments can dramatically reduce your tax bill The tax advantages of building ADUs, offices, or additional property structures What the Augusta Rule is and how it allows you to generate tax-free income How real estate professional status can unlock massive tax deductions Why entity structure matters and how creating additional entities can save hundreds of thousands in taxes How one client legally deferred $500,000 in taxes using a C-corporation strategy The tax advantages of medical expense reimbursement plans Why retirement strategies like cash balance plans and defined benefit plans can help business owners invest far more than traditional retirement accounts How to start building generational wealth while lowering taxes today   Grab your seat for the Tax Strategies to Build Wealth Masterclass happening March 25th: https://taxedacademy.com How To Get Involved: Life-Changing Money is a podcast all about money. We share stories of how money has impacted and radically changed the lives of others—and how it can do the same for you. Your host, Barbara Schreihans (pronounced ShREE-hands) is the founder and CEO of Your Tax Coach, and the creator of the Write Off Your Life Course. She is a top tax strategist, business coach, and expert in helping business owners and high-net-worth individuals save millions in taxes while increasing profits. When she's not leading her team, coaching clients, or dreaming up new goals for her company, you can find her drinking coffee, hanging out with her family, and traveling the world. Grab a cup of coffee and become inspired as we hear from those who have overcome and are overcoming their self-limiting beliefs and money mindsets! Do you have a burning question that you'd love to hear answered on a future show? Please email it to: podcast@yourtaxcoach.biz Sign Up For Our Newsletter Life Changing Money Podcast Get Tax Help!

Most solopreneurs start their business for freedom, but many end up overwhelmed by the financial side of running a company. Taxes, retirement planning, business structure, and investment decisions can feel intimidating, which often leads to what today's guest calls the “Paralysis Penalty.”In this episode of The Aspiring Solopreneur, Carly Ries and Joe Rando sit down with financial strategist Mike Milligan to unpack practical financial strategies every solopreneur should understand. Mike shares how delaying financial decisions can quietly cost entrepreneurs thousands, and explains simple systems that can help solopreneurs keep more of what they earn.You'll also hear about tax strategies many entrepreneurs overlook, how to structure your finances when your business starts generating income, and why solopreneurs should seek financial advice from someone who understands the realities of entrepreneurship.Plus, Mike shares a powerful personal story about learning sales and business fundamentals while helping his grandmother sell homemade collard sandwiches, a lesson in entrepreneurship that shaped his entire career.If you've ever felt uncertain about the financial side of running your solo business, this episode will help you start building a smarter foundation.In This Episode, We Discuss:The “Paralysis Penalty” and how it prevents entrepreneurs from making smart financial decisionsWhy solopreneurs should get financial advice from other entrepreneursSimple tax strategies many solopreneurs forget (or never knew existed)The importance of separating business and personal financesHow a Solo 401(k) can dramatically increase retirement savings for solopreneursThe Augusta Rule and how some business owners legally reduce taxesWhy a Subchapter S election can reduce self-employment taxesThe three financial roles every solopreneur should eventually have: education, tax planner, and bankerA simple framework for managing income: one-third for taxes, one-third for growth, one-third for livingThe entrepreneurial lessons Mike learned from helping his grandmother build a sandwich business from scratchMemorable Quote from This Episode“By changing nothing, nothing changes.” – Tony RobbinsSubscribe & ReviewIf you enjoyed this episode of The Aspiring Solopreneur, please leave a five-star review and share it with another solopreneur. Your support helps more people build businesses that support their lives instead of consuming them.FAQsWhat is the “Paralysis Penalty” for solopreneurs?The “Paralysis Penalty” happens when entrepreneurs delay financial decisions because they feel overwhelmed or unsure who to trust. Instead of taking action on taxes, investments, or business structure, they do nothing, which can cost them thousands in missed tax strategies, retirement savings opportunities, and financial planning advantages.What tax strategies should solopreneurs know about?Some commonly overlooked tax strategies for solopreneurs include home office deductions, separating personal and business finances, using a Solo 401(k) to save for retirement, electing Subchapter S status to reduce self-employment tax, and leveraging rules like the Augusta Rule that allow business owners to rent their home to their business for tax advantages.How should solopreneurs manage their income and finances?A simple framework many entrepreneurs use is the one-third rule: allocate one-third of income for taxes, one-third for business growth, and one-third for personal income. Creating separate accounts for taxes and expenses, working with a tax planner, and tracking expenses consistently can help solopreneurs avoid financial stress and build long-term wealth.

Most people do taxes like this: drop paperwork once a year, cross fingers, then get hit with a bill. In this episode of Official Success Formula, CPA Sarah Jones explains why that “compliance-only” relationship is exactly why you're overpaying the IRS and how to switch to proactive tax planning that actually builds wealth.Sarah breaks down a practical roadmap for both W-2 employees and business owners, including how to think about your CPA like a year-round coach, not a once-a-year form filler. You'll learn how strategies like maximizing retirement buckets, using an HSA the right way, choosing the right entity structure, and leveraging real estate tools can reduce future taxes legally while aligning with your life goals.We also cover the most talked-about “loopholes” online and what's real vs risky, including the Augusta rule, short-term rental strategy, cost segregation, and why sloppy bookkeeping is the #1 way business owners donate money to the IRS without realizing it.Instagram- https://www.instagram.com/sjcpa.taxfreemillionaire/Website- https://www.sarahjonescpa.com/Tune in every Tuesday at 10 AM for another inspiring success story, along with the proven formula to help you achieve your own goals. Don't miss out on the insights that could change your life!Buzzsprout- https://successformulapodcast.buzzsprout.com/Spotify - https://open.spotify.com/show/7aRe06pXIq6yq8GQf62NBMAmazon Music - https://music.amazon.com/podcasts/1393b77c-626a-4a53-bdd5-43ce3b1aa15b/success-formula-podcastApple Podcast- https://podcasts.apple.com/gb/podcast/success-formula-podcast/id1748704615Our Social Media:Youtube: https://www.youtube.com/@OfficialSuccessFormulaInstagram: https://www.instagram.com/officialsuccessformula/Twitter: https://x.com/_SuccessFormula/Tiktok: https://www.tiktok.com/@officialsuccessformula

In her second episode with us, Catrina Craft shares essential tax strategies for entrepreneurs, focusing on home office deductions, the Augusta rule, and the importance of understanding entity structures. She emphasizes the significance of retirement planning and preparing for professional tax assistance to maximize deductions and minimize tax liabilities.As you listen:00:00 Introduction to Tax Strategies for Entrepreneurs02:48 Understanding Home Office Deductions05:54 Leveraging the Augusta Rule for Tax Benefits08:39 Entity Structures: Sole Proprietorship vs. LLC10:40 Retirement Planning and Tax Deductions15:32 Preparing for Professional Tax Assistance"Get your books in order.""Let the IRS fund your retirement.""Outsourcing may be the way to go."Takeaways:-Get your books in order to save time and money.-Use tax strategies to benefit your business.-Home office deductions can include utilities and cleaning services.-The Augusta rule allows you to rent your home to yourself for tax benefits.-Understand your entity structure for optimal deductions.-Retirement contributions can be a significant tax deduction.-You can borrow against your retirement funds if structured correctly.-A sole proprietorship is the simplest business structure.-Investing in retirement now can lead to tax-free growth later.-Outsourcing accounting tasks can reduce the risk of errors.

Is Owner Financing the #1 Real Estate Trend of 2026 | w/ Guest Craig SotkovskyAre you prepared for the massive shift that might be coming to the US housing market? In this season premiere of the Investor Guys Podcast, hosts Bill Barnett and Kevin Mills sit down with a true legend of resiliency, Craig Sotkovsky.Craig isn't just an investor; he is a 9/11 responder and a cancer survivor who has rebuilt his empire multiple times after losing everything. Today, he's revealing why he believes Owner Financing (Seller Financing) is about to become the dominant market trend as property values face a potential reset.In this episode, we break down:

Most high-income earners assume their tax situation is handled once they hire a CPA and start filing. The return gets done, nothing breaks, and it's easy to believe that if something mattered, it would already be happening. But that assumption quietly costs people money. Not because they're reckless or aggressive, but because compliance gets mistaken for strategy, and basic leverage never gets activated. Zach Newberry works with business owners and real estate investors who earn well, and still find themselves on the wrong side of the tax game. What he sees over and over isn't missed loopholes or exotic strategies.  It's small, obvious decisions that never get made: spending a few thousand dollars to unlock meaningful capital, revisiting structures that no longer fit, and using rules that already apply but are never deployed. His perspective reframes taxes as a capital allocation problem, not a paperwork exercise. Instead of focusing on what gets filed, he looks at what gets converted, dollars that would disappear versus dollars that stay in play for the next investment. In this episode, we talk about why small, inconvenient costs often unlock real leverage, where high earners miss money long before "strategy" even starts, and how rules like the Augusta Rule fit into real life when you understand how to use them. About the Guest  Zachary Newberry is a CPA, tax planner, and entrepreneur who works primarily with business owners and real estate investors. His practice focuses on helping clients move beyond basic tax compliance and use the tax code intentionally — connecting entity structure, real estate, income timing, and planning decisions in a way that supports long-term wealth building. He works with real estate investors, real estate-centric businesses, small to mid-sized companies, and high-income individuals. In addition to tax preparation, Zach provides ongoing tax planning and advisory services, accounting and bookkeeping oversight, and strategic consulting for clients who want their tax decisions to function as part of their broader financial and investment strategy — not just something that gets filed once a year.    Email Address - zach@newberrycpa.com Instagram - @newberrycpa Facebook Business Page - https://www.facebook.com/zachnewberrycpa Booking Link - https://go.oncehub.com/ZachNewberry   About Your Host From pro-snowboarder to money mogul, Chris Naugle has dedicated his life to being America's #1 Money Mentor with a core belief that success is built not by the resources you have, but by how resourceful you can be. Chris has built and owned 19 companies, with his businesses being featured in Forbes, ABC, House Hunters, and his very own HGTV pilot in 2018. He is the founder of The Money School™ and Money Mentor for The Money Multiplier.   His success also includes managing tens of millions of dollars in assets in the financial services and advisory industry and in real estate transactions. As an innovator and visionary in wealth-building and real estate, he empowers entrepreneurs, business owners, and real estate investors with the knowledge of how money works. Chris is also a nationally recognized speaker, author, and podcast host. He has spoken to and taught over ten thousand Americans, delivering the financial knowledge that fuels lasting freedom.

In this episode, President and Senior Financial Planner Paul L. Moffat is joined by Director of Financial Planning Jordan Naffa to break down the Augusta Rule, a powerful and often overlooked tax planning strategy for business owners. Properly implemented, this rule allows qualified homeowners to generate tax-free income while their business receives a legitimate deduction.Paul and Jordan explain the history of the Augusta Rule, how it works under IRS Section 280A, and why documentation is critical to its proper execution. They walk listeners through the step-by-step process business owners should follow, including meeting requirements, fair market pricing, invoicing, and recordkeeping. This episode provides a practical roadmap for those looking to reduce taxes and improve cash flow using strategies already available in the tax code.In this episode: ● What the Augusta Rule is and how it creates tax-free income ● The history and intent behind IRS Section 280A ● Who qualifies to use the Augusta Rule and why it matters for business owners ● The six documentation steps required to properly implement the strategy ● How to set reasonable rental rates using local comparables ● Why coordination with your tax advisor is essentialThe opinions expressed in this podcast are for general purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security. It is only intended to provide education about the financial industry. It is not intended to provide tax or legal advice. To determine which investments may be appropriate for you, consult your financial advisor prior to investing. Any past performance discussed during this program is no guarantee of future results. Any indices referenced for comparison are unmanaged and cannot be invested into directly. As always please remember investing involves risk and possible loss of principal capital: please seek advice from a licensed professional.Arista Wealth Management is a registered investment adviser. Advisory services are only offered to clients or prospective clients where our firm and its representatives are properly licensed or exempt from licensure. No advice may be rendered by Arista Wealth Management unless a client service agreement is in place.

In this episode of Real Estate Success: The Whissel Way, Kyle Whissel and Bryan Koci shift the conversation from making more money to keeping more of it by breaking down practical tax and wealth strategies specifically for real estate agents. They cover why agents earning over $50,000 should consider an S Corp, how hiring family members can legally reduce taxes, and how depreciation, self-directed IRAs, syndications, and the Augusta Rule can dramatically impact an agent's bottom line. The episode is a tactical overview of how agents can legally lower tax liability, reinvest smarter, and build long-term wealth beyond commissions.   Chapters: 00:00 Intro and why agents overpay in taxes 02:07 Making more money vs keeping more money 05:26 Why every agent is already a business 06:01 S Corp explained and why it matters 08:49 Salary vs distributions and tax savings 13:39 When an S Corp makes sense financially 16:31 Hiring your kids and family legally 20:53 Self-directed IRAs and real estate investing 24:48 Passive investing through funds and syndications 31:16 Depreciation, real estate professional status, and the Augusta Rule

Send us a textIf you're a new business owner, you've probably wondered if you are doing any of this correctly.Should you get an LLC? Do you file a Schedule C? Can you hire your kids? Does a home office hurt you when you sell your house?In this episode, Mike walks through real questions from listeners and gives clear answers to the tax issues that confuse most new entrepreneurs. From 1099 income and deductions to home office rules, the Augusta Rule, and hiring your kids, this Q&A hits the topics every early-stage owner struggles with.

What makes a client stay, year after year? In this episode, host Wes Young and co-host Justin Lakin break down the Expectation Phase of their onboarding process. It is not just about earning trust. It is about clearly defining the planning relationship, setting the rhythm for ongoing engagement, and making the value of your work obvious from day one. From high-impact tax strategies like S-corp elections and the Augusta Rule to powerful mindset reframes around balance sheets and family legacies, Justin and Wes walk through how to deliver a transformational planning experience before the ink is dry. What to expect in this episode: How to define expectations and build long-term engagement The difference between planning versus a plan, and why it matters Ways to immediately demonstrate ROI through tax ideas Tools like Planning Shepherd and strategy summaries to elevate the client experience Resources: Submit your podcast question here! The Transform Learning Series E167- The New Client Experience: Location Other Listening Platforms: Listen on Apple Podcasts Stream on Spotify Watch on YouTube Connect with Us: Instagram X Facebook LinkedIn Youtube Wes Young Live Website

Send us a textYear-end is the last chance to lock in major tax savings for your business.In this episode, Mike walks through the exact steps business owners need to take now, from S Corp requirements and accountable plans to AGI phaseouts, QBI planning, and the Augusta Rule.You'll also learn how to hire your kids correctly, hit retirement deadlines, use timing strategies as a cash-basis filer, harvest tax losses, and document every move so you enter tax season clean, organized, and ready.

Are you leaving thousands of dollars on the table before the year ends?In this episode of Life Changing Money, Barbara shares her top year-end tax strategies to help business owners keep more of their hard-earned money. From switching to an S-Corporation and prepaying 2026 expenses to leveraging your family and real estate for massive tax savings, this episode is your ultimate guide to lowering your tax bill before December 31.Barbara breaks down the biggest mistakes entrepreneurs make at year-end, explains how to accelerate deductions, defer income, and use the Augusta Rule to pay yourself tax-free. Plus, she shares her favorite retirement and family employment strategies that can save you tens of thousands in taxes all legally and strategically.If you're ready to make smart money moves before the year closes out, grab your notebook and tune in.Tune in to hear:Why becoming an S-Corporation could save you $15K–$30K every yearHow to prepay business expenses like rent, travel, and software to save nowThe smart way to use credit card points for personal travel through business spendingHow to legally pay your kids and spouse through your businessThe Augusta Rule explained: how to pay yourself tax-free using your homeRetirement accounts that actually make sense for entrepreneurs (and which to avoid)Why deferring income and accelerating expenses are key for year-end savingsReal client stories who saved six figures in back taxesJoin Barbara's free Year-End Tax Savings Masterclass! Comment “year end” on Instagram @yourtaxcoach or @barbaraschreihans to get your link.Making over $200K a year? Schedule a free strategy call at yourtaxcoachscheduling.com to see how Barbara and her team can help you save big on taxes.How To Get Involved:Life-Changing Money is a podcast all about money. We share stories of how money has impacted and radically changed the lives of others—and how it can do the same for you.Your host, Barbara Schreihans (pronounced ShREE-hands) is the founder and CEO of Your Tax Coach, and the creator of the Write Off Your Life Course. She is a top tax strategist, business coach, and expert in helping business owners and high-net-worth individuals save millions in taxes while increasing profits.When she's not leading her team, coaching clients, or dreaming up new goals for her company, you can find her drinking coffee, hanging out with her family, and traveling the world.Grab a cup of coffee and become inspired as we hear from those who have overcome and are overcoming their self-limiting beliefs and money mindsets!Do you have a burning question that you'd love to hear answered on a future show?Please email it to: podcast@yourtaxcoach.bizSign Up For Our NewsletterLife Changing Money PodcastGet Tax Help!

This is why 99% of business owners and entrepreneurs are doing the Augusta Rule Wrong. The Augusta rule is one of the most popular tax strategies on the internet with endless amounts of financial gurus and entrepreneurs teaching about it. But so much of what is being shared is wrong and dangerous. In this 60 minute masterclass, Nethaniel Ealy, an Augusta Rule Expert who has been helping people do this properly for 8 years, breaks down the dos and don'ts of this strategy, and gives the industry insights into how to maximize the most money out of this powerful tax deduction. 00:00 Understanding the Augusta Rule02:52 Challenges in Implementing the Augusta Rule05:56 Key Components of the Augusta Rule09:09 Documentation and Compliance Essentials12:06 Historical Context of the Augusta Rule14:56 Practical Steps for Business Owners18:05 Common Mistakes and Misconceptions21:00 Best Practices for Meetings and Documentation24:09 Final Thoughts and Encouragement33:20 Understanding the Augusta Rule and Its Implications39:55 Real-Life Applications and Case Studies45:28 Optimizing the Augusta Rule for Maximum Benefit51:40 Navigating Complexities of the Augusta Rule57:31 The Future of Tax Strategies and Business GrowthLearn More About The Augusta Rule Team: https://theaugustarule.com/Join the Waitlist for the Tax and Assets Community: https://taxandassets.comWant Us to Review Your Current Tax Strategy Before the End of the Year? Click Here: https://betterwealth.com/taxQuestions and Answers from the Podcast: Question: Can multiple unrelated business owners each rent the same property during the year, each personally stay there for 14+ days, and each legitimately use the Augusta Rule?Answer: Yes, technically they can. Each person can establish the property as their own “dwelling unit” for the required days. But doing this can likely be an audit magnet.Q2 (Reverse Augusta with a family member's home)Question: If a family member owns a home, can a business owner use that home for a business purpose and structure it so they receive the rental income instead of the family member, essentially a “reverse Augusta”?Answer: Yes, a reverse Augusta structure is possible, but it must be for a legitimate, defensible business purpose. Proper documentation is essential.Want a Life Insurance Policy? Go Here: https://bttr.ly/bw-yt-aa-clarity Want FREE Whole Life Insurance Resources & Education? Go Here: https://bttr.ly/yt-bw-vaultWant Us To Review Your Life Insurance Policy? Click Here: https://bttr.ly/yt-policy-review______________________________________________ Learn More About BetterWealth: https://betterwealth.com====================DISCLAIMER: https://bttr.ly/aapolicy*This video is for entertainment purposes only and is not financial or legal advice.Financial Advice Disclaimer: All content on this channel is for education, discussion, and illustrative purposes only and should not be construed as professional financial advice or recommendation. Should you need such advice, consult a licensed financial or tax advisor. No guarantee is given regarding the accuracy of the information on this channel. Neither host nor guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered.

Most people think taxes are unavoidable — but the wealthy know better. In this episode, Rich sits down with Carter Caufield and George Acheampong to break down the exact frameworks high-net-worth individuals use to legally shrink their tax bill to zero. No shady loopholes. No gray-area tricks. Just straight strategy backed by the tax code itself.You'll learn why self-rentals are one of the most slept-on write-offs for business owners, how the buy-borrow-die model keeps billionaires from ever triggering taxable events, and how short-term rentals and boutique hotels can legally offset W-2 income — even if only one spouse qualifies as a real estate professional. The guys go deep on trusts, HSA stacking, hiring your kids, private jets, boats, film credits, and the Augusta Rule… with real numbers behind every move.This episode exposes how America's tax system actually works — and how ordinary earners can start playing the same wealth game as the 1%. If you've ever wondered why some people seem to build wealth effortlessly while others stay capped, this conversation is the difference.Tap in. Your accountant is going to hate how much smarter you get after this one. Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest. Want to join our Boutique Hotel Mastermind Community? Book a free strategy call with our team: www.hotelinvesting.com. If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.

Send us a textMost S Corp owners follow the right steps, but still pay more tax than they should. A business earning over 300K can lose thousands simply by underusing core strategies.In this live case study, Mike Jesowshek, CPA, reviews a seven-figure business with an S Corp structure, a salary in place, and a record year of profit. You will see why this owner paid 30K in taxes and how that number can be reduced.If you feel like your tax plan has stopped working, this breakdown gives you a clear blueprint for moving from basic strategies into advanced tax planning.

From understanding how taxes differ for S-Corporations and LLCs to deciding when to accelerate expenses or defer income, we break down what really matters — and what's just noise when it comes to your taxes. You'll also learn how to use deductions like the Augusta Rule, mileage reimbursements, and home office expenses the right way (with documentation that keeps you audit-proof).If you're a painting contractor or small business owner who's tired of getting surprised at tax time, this episode will help you make smarter financial moves, keep more of your hard-earned money, and start 2026 on the right foot.Need help planning financially or strategizing for taxes in your business? Schedule a free business analysis meeting with us at www.elitebusinessadvisors.com!

Send us a textIf you've ever wanted to move money from your business to yourself without paying extra tax, this episode is for you.In this episode, you'll learn how the Augusta Rule, also called the 14-Day Home Rental Rule, lets business owners rent their personal homes to their own business and receive that income completely tax-free. You'll also learn exactly how to document it, what proof the IRS expects, and the common mistakes that can get this strategy disallowed.

What if the secret to building wealth wasn't working harder—but paying smarter?In this episode of The Proven Entrepreneur Show, host Don Williams sits down with Mike Milligan, Certified Financial Planner and founder of 1 Oak Financial, to unpack the tax strategies and mindset shifts that helped him build a multi-million dollar business—while legally paying just 2% in total tax.Mike shares his journey from counting cash in coffee cans for his grandmother's cornbread sandwich hustle to becoming a bestselling author of The One-of-a-Kind Financial Plan. You'll hear how desperation sparked innovation, and how real-life lessons shaped his mission to help entrepreneurs build wealth and reclaim time.Topics Discussed:The #1 financial mistake entrepreneurs make (and how to fix it)Tax-saving strategies like the Augusta Rule and Section 179 depreciationWhy Mike moved to Puerto Rico for tax optimizationA real-life case study: how a realtor went from $40K to $1M net worthThe importance of working with entrepreneurs—not employeesListener Benefits:Learn how to legally reduce your tax burdenDiscover practical wealth-building strategiesGet inspired by real transformation storiesUnderstand how to reclaim time by outsourcingHear why working with entrepreneurial advisors mattersWhether you're a founder, real estate agent, B2B leader, or aspiring entrepreneur, this episode delivers actionable strategies and real-world wisdom to help you thrive financially.

LightSpeed VT: https://www.lightspeedvt.com/ Dropping Bombs Podcast: https://www.droppingbombs.com/ Why are millionaires paying ZERO taxes while you're wrecked by the IRS? In this jaw-dropping Dropping Bombs episode, Adam & Jackie Williams—the CPA-and-attorney duo behind Pennywise Tax Strategies (Inc. 5000)—drop the ultimate tax playbook so entrepreneurs keep their money legally. After saving over a quarter million in taxes in just one year in their own businesses, this power couple built a movement stopping "involuntary donations" to the IRS. This isn't your typical tax prep—they guarantee ROI or keep you out of jail, delivering the exact playbook millionaires use year-round.   But here's the kicker—they drop the tactical arsenal most accountants won't touch: hidden tax code loopholes, the Augusta Rule, and the best tax strategies to maximize your deductions—all with audit-proof documentation. Plus, they explain why most accountants miss out on significant savings for their clients. The best part? You can start executing today, not next tax season. If you're tired of watching your hard-earned money disappear into tax bills, this episode is for you. Stop overpaying, and start building real wealth today.

In this episode, Dr. Peter Kim shares 10 smart tax moves physicians can make before December 31st to save thousands, legally and strategically. From prepaying business expenses and using the Augusta Rule to leveraging real estate and hiring your kids, you'll learn practical ways to keep more of what you earn and start planning like the wealthy do. Tune in! Eckard Enterprises brings this episode to you. Eckard Enterprises, LLC, is a family-owned and operated alternative investment and asset management firm, specializing in mineral rights and the U.S. energy industry. Eckard believes that owning tangible assets is one of the safest, long-term investment strategies available in today's investment climate. Learn more about Eckard Enterprises! Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of physicians who share the same journey of creating their ideal lives through multiple streams of income by joining us in our Facebook communities such as Passive Income Docs and Passive Income MD.