Podcasts about CPA

Is AI the real threat to accounting firms, or is it the client experience? Blake and David unpack a KPMG-linked Polymarket insider-trading investigation, AI-powered fraud, Xero's influencer backlash, and a tax startup founder charged with defrauding investors. They also share their own experiments using Claude and ChatGPT to prepare tax returns, making the case that firms must eliminate frustrating back-and-forth if they want to keep clients.SponsorsCloud Accountant Staffing - http://accountingpodcast.promo/casOnPay - http://accountingpodcast.promo/onpayThomson Reuters - http://accountingpodcast.promo/taxautomationSavant Labs - http://accountingpodcast.promo/savantChapters(00:00) - Client Experience Threat (00:30) - Podcast Welcome Banter (02:05) - Week's News Rundown (04:17) - KPMG Polymarket Probe (11:46) - KPMG TaxSim Training (13:40) - KPMG OpenAI Headless UI (17:13) - Deepfake Defense Stakes (18:31) - Revolut Social Engineering (20:33) - Compliant CEO Fraud Case (25:31) - Xero Influencer Backlash (25:41) - Xero Claude Ad Backlash (28:57) - Apology and AI Framing (29:59) - DIY Taxes With AI (34:05) - Client Experience Problem (40:15) - IRS AI Fee Guidance (43:00) - PwC Leaves Downtown LA (44:48) - Wrap Up and CPE  Show NotesPolymarket Trader Won 41 of 42 Earnings Bets on Companies KPMG Auditshttps://www.financemagnates.com/forex/polymarket-trader-won-41-of-42-earnings-bets-on-companies-kpmg-audits/SEC Charges Startup Founder with Fraud (Shiloh Luckey / ComplYant)https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26424KPMG Is Testing a New AI-Powered Tax Simulation Toolhttps://goodfest.westfield.com/2026/05/kpmg-is-testing-a-new-ai-powered-tax-simulation-tool/KPMG working with OpenAI to advance new "headless" enterprise tech modelhttps://www.accountingtoday.com/news/kpmg-working-with-openai-to-advance-new-headless-enterprise-tech-modelKPMG LLP Takes Minority Stake in Deepfake Detection Leader Reality Defenderhttps://kpmg.com/us/en/media/news/kpmg-llp-takes-minority-stake-in-deepfake-detection-leader-reality-defender.htmlCybercriminals using AI for fraud are making far more profit, Interpol claimshttps://www.techradar.com/pro/security/cybercriminals-using-ai-for-fraud-are-making-4-5x-more-profit-interpol-saysRevolut confirms customer data breach after fake government requestshttps://fstech.co.uk/fst/Revolut_Confirms_Customer_Data_Breach_After_Fake_Government_Requests.phpXero issues new apology to accountants, days after controversial social media posthttps://www.smartcompany.com.au/?p=344586To our accountant and bookkeeper communityhttps://blog.xero.com/uk/accountants-bookkeepers/to-our-accountant-and-bookkeeper-community/AICPA seeks IRS clarity on AI guidelines, CPA feeshttps://www.thetaxadviser.com/news/2026/sep/aicpa-seeks-irs-clarity-on-ai-guidelines-cpa-fees/Downtown L.A. Fixture PwC Will Move to Century Cityhttps://www.cpapracticeadvisor.com/2026/07/08/downtown-l-a-fixture-pwc-will-move-to-century-city/186368/Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring The Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifieds Fearless Foundry - www.advisoryamplified.comExpense Bot - https://www.expensebot.ai/accountantProfitRoot - https://tryprofitroot.com/Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job post...

You may already have capital gains this year, but that does not always mean the tax bill is locked in. In this episode, Tiffany Phillips, CPA and Tax Strategist, breaks down how one client used tax-loss harvesting to offset $47,000 in capital gains before year-end. You'll learn how the 61-day wash-sale window works, why automatic reinvestments can create problems, and how specific-lot identification can change your tax savings. Tiffany also explains what happens when your losses are larger than your gains and how unused losses can carry forward. This is tax planning you have to do while the calendar is still open. If you have gains and investments sitting at a loss, this episode will show you what to review before December 31. Next Steps:

What happens when a CPA evaluates Infinite Banking like any other financial product? In this episode, Russ and Joey sit down with Anthony J. Faso to explore what CPAs may be getting wrong about Infinite Banking, why he changed his perspective after the financial crisis, and how his experience eventually led him to leave his CPA firm and focus full-time on helping people implement Infinite Banking.Anthony also shares client examples involving retirement accounts, short-term rentals, business liquidity, and buying competitors during an industry downturn. The conversation goes beyond the policy itself to explore liquidity, opportunity cost, cash-flowing assets, tax deductions, and why Infinite Banking is a process, not simply a life insurance product.Top three things you will learn:-Why evaluating Infinite Banking solely by rate of return can miss the bigger picture-How liquidity can create opportunities for entrepreneurs during difficult markets-Why simply taking a policy loan does not create wealthAbout Our Guest:Anthony J. Faso is a self-proclaimed “Recovering CPA.” He was born and raised in Las Vegas, NV. After serving in the Army, he graduated with a degree in accounting from UNLV. After working for the accounting firm PricewaterhouseCoopers (PwC) and owning his own firm, Anthony now focuses his practice on teaching his clients the Infinite Banking Concept.Connect with Anthony J. Faso:

What if the screens in your home are quietly shaping your children's souls?In this episode, Addison and Juli vulnerably share how giving phones to their kids too early became "the biggest source of strife" in their home—offering hard-won wisdom about how to trade fear-driven control for faith-driven connection.Don't miss this honest, grace-filled conversation that could change everything for your family. Watch now!Additional Resources

In this episode, Austin Jones, CPA, Senior Vice President and Chief Financial Officer at NKC Health, joins the podcast to discuss balancing investment in physicians with the financial priorities of a healthcare organization. He also shares insights on pharmacy benefit management and strategies for managing demand in today's healthcare environment.

In this episode of the Wealth and Law Podcast, Brent Nelson is joined by Boris Musheyev for a conversation on Proactive Tax Planning. They discuss how business owners can reduce unnecessary tax burdens through year-round planning and explore how tax strategy can impact profitability and long-term financial goals. Boris Musheyev is a CPA, Certified Tax Strategist, and founder of BORISMTAX, a tax planning and advisory firm serving business owners across 40+ states. Since founding the firm in 2017, Boris has focused on helping entrepreneurs and high-income professionals reduce unnecessary tax burdens through proactive, year-round planning. He is also the host of the Tax Reduction Podcast, and BORISMTAX has been recognized on the Inc. 5000 list for two consecutive years. He can be found at: BORISMTAX | Tax Strategy & Advisory This material is for informational purposes only. The views expressed are those of the speaker as of the date noted and not necessarily of the speaker's firm or its affiliates. This podcast may be considered attorney advertising. This podcast does not create an attorney-client relationship and is not a legal opinion or legal advice. If you are enjoying the podcast please SUBSCRIBE and leave a REVIEW, and if you want to learn more about Brent go to Team – Wealth and Law. Legal Disclaimer: Legal Disclaimer – Wealth and Law

During the Sept. 17 Town Hall, CPA.com CEO Erik Asgeirsson and technology executive David Wyle shared key insights from the CPA.com and AICPA Executive Roundtable, including how AI is reshaping firm operations, value creation and collaboration across the technology ecosystem. Paychex CEO John Gibson also discussed small business employment trends and the evolving labor market. The Town Hall also featured the latest DC and technical updates shaping the profession.  

Watch the full episode: https://youtu.be/a012PmJVfFE In this spotlight of episode 376 of Stories from the River, Charlie Malouf and Sara Callahan explore the complexities of managing fixed assets at Broad River Retail and the process improvements needed to accurately track them for accounting and tax reporting. They discuss the high volume of assets involved in construction and showroom operations, along with the importance of smart systems, checks and balances, and knowledgeable Memory Makers. The conversation also highlights Sara's approach to learning on the job, from applying foundational accounting principles to revisiting CPA exam materials and researching tax codes and regulations. Visit https://www.storiesfromtheriver.com for more episodes.    Broad River Retail brought this show to you. Visit https://BroadRiverRetail.com    Follow us on LinkedIn: https://www.linkedin.com/company/broad-river-retail 

Jake Galt is a recovering CPA turned author, marketer and entrepreneur who writes under a pen name borrowed from Atlas Shrugged. He began his career as an auditor and that front row seat to the hollowness of the fiat system sent him down the Bitcoin rabbit hole, first for the technology, then for number go up, and eventually for freedom go up. He is the author of “Break the Stake” which we discuss in this episode: a framework for how corrupted money produces corrupted incentives and inverted outcomes across every layer of society. He founded Headcount, a marketing agency built on a platform that ingests a client's brand and voice, aimed at Bitcoin companies. → Please like, comment, share & subscribe, to help me beat the suppressing algo's. Thank you!SPONSORS→ Join me on Oct. 1-2 on Expat Money Summit, focusing on Latin America, and hosted by Mikkel Thorup. Register for free, or use code EFRAT for 30% off VIP tickets: http://ExpatMoneySummit.com → Access liquidity without selling your Bitcoin with Ledn, get 0.25% off your first loan: https://ledn.io/Efrat    → Get your TREZOR wallet & accessories, with a 5% discount, using my code at checkout (get my discount code from the episode - yep, you'll have to watch it): https://affil.trezor.io/SHUn→ Have you tried mining bitcoin? Stack sats directly to your wallet while saving on taxes with Abundant Mines: https://AbundantMines.com/Efrat - Claim your free month of hosting via this linkAFFILIATES→ Want to preserve your privacy online? Get a GrapheneOS privacy phone or laptop, up to $150 off “Above Phone” products + extra $50 off with code EFRAT: https://abovephone.com/efrat/ → Get 15% off “Born To Be Free” all-natural, tallow-based skincare products on a bitcoin standard, using code EFRAT: https://oshi.link/1nvZYq  → Join me in these upcoming events & use code EFRAT for discounted tickets: https://www.efrat.blog/p/upcoming-events→ Get 10% off on Augmented NAC to detox Spike protein, with the code YCXKQDK2 via this link: https://store.augmentednac.com/?via=efrat (This is not medical advice, please consult your MD)→ Watch “New Totalitarian Order” conference with Prof. Mattias Desmet & Efrat - code EFRAT for 10% off: https://efenigson.gumroad.com/l/desmet_efratLINKSJake on X: https://x.com/WhoIsJakeGaltJake on Nostr: https://primal.net/jakegalt Jake's Book “Break The Stake”: https://www.amazon.com/dp/B0F9XGVCM6 Jake's AI Marketing Agency: https://www.aiheadcount.com/ Efrat's X: https://twitter.com/efenigsonEfrat's Channels: https://linktr.ee/efenigsonWatch on all platforms: https://linktr.ee/yourethevoiceSupport Efrat's work: ⁠https://bit.ly/zap_efratCHAPTERS 00:00 - Coming Up...01:30 - Introduction: Jake Galt02:34 - Student of Philosophy, History and Money03:07 - Why the Pen Name: Atlas Shrugged and Digital Galt's Gulch04:52 - John's Back Story09:37 - Financial Education for the Next Generation11:22 - Ad-Break: Expat Money & Ledn13:41 - Living in Both Matrices and Building Bridges14:55 - Technocracy Creeping In: The UK, Palantir and Precrime16:18 - The Book “Breaking The Stake”22:37 - Freeing Our Soul25:59 - Bitcoin Isn't For You27:30 - Protect Your Energy, Stop Forcing the Message31:32 - Ad-Break: Trezor & Abundant Mines35:20 - What's Next: A Marketing Agency for Bitcoin Companies36:51 - AI as a Tool and the Dead Internet40:57 - Which Stake Jake Hasn't Broken Yet?46:16 - Where to Follow Jake

With all the buzz around Artificial Intelligence, a massive question is looming over the legal industry: Could AI actually make a law firm worth less? If technology makes legal knowledge cheaper, faster, and easier to produce, what exactly is a buyer paying for when an owner is ready to sell their practice? In this episode of Smart Lawyers Position in Transition, host Victoria Collier shifts the conversation away from whether lawyers should use AI, focusing instead on what AI does to the value and transferability of a legal business. Because buyers don't just purchase past revenue, they buy the engine that produces it. Listeners will discover how technology exposes inefficient business models, why institutional knowledge is a firm's greatest asset, and how to build a highly transferable firm that buyers actually want to own.   What You'll Learn in this Episode The Engine vs. The Revenue: Why two law firms making the exact same amount of money can have drastically different valuations based on their internal systems. The Billing Model Dilemma: How extreme technological efficiency challenges the traditional hourly billing model and emphasizes value-based pricing. The New Era of Due Diligence: The specific technology and operational questions future buyers will ask that go far beyond standard financial and tax audits. The Modern Succession Threat: How the classic "key person risk" is evolving into a new digital vulnerability, and how to prevent it. Extracting Firm Value: Actionable steps owners can take right now to get institutional knowledge out of their heads and into a system that builds true enterprise value.   About Victoria Collier Victoria Collier is a seasoned attorney, entrepreneur, and expert in law firm sales and valuations. With a background in law and accounting, including prior military service and CPA training, she brings a unique perspective to the financial side of business valuations. She helps transform law firms into more valuable and sellable businesses while guiding attorneys through life after law.   We want to hear from you! You can leave us a rating and review in Apple Podcasts. Click here and then scroll down the page to the rating and review section. You can also leave us a rating in Spotify by clicking here. Connect with Victoria Collier https://quidproquolaw.com/ Private Facebook Group https://www.facebook.com/groups/1284225722042602 LinkedIn https://www.linkedin.com/company/victoria-collier-coaching/  

Watch the full episode: https://youtu.be/a012PmJVfFE In this spotlight of episode 376 of Stories from the River, Charlie Malouf and Sara Callahan explore the complexities of managing fixed assets at Broad River Retail and the process improvements needed to accurately track them for accounting and tax reporting. They discuss the high volume of assets involved in construction and showroom operations, along with the importance of smart systems, checks and balances, and knowledgeable Memory Makers. The conversation also highlights Sara's approach to learning on the job, from applying foundational accounting principles to revisiting CPA exam materials and researching tax codes and regulations. Visit https://www.storiesfromtheriver.com for more episodes.    Broad River Retail brought this show to you. Visit https://BroadRiverRetail.com    Follow us on LinkedIn: https://www.linkedin.com/company/broad-river-retail 

What if your financial decisions aren't really yours? Richard Syrett sits down with Comedy Store CFO, CPA and somatic therapist Bob Wheeler to explore the hidden programming behind money, success and self-sabotage—and what decades inside Hollywood taught him about fame, fortune, human behaviour and the unseen forces pulling our strings. GUEST: Bob Wheeler is a CPA, financial expert, author, comedian and somatic therapist—and the longtime CFO of Hollywood's legendary Comedy Store. He is the author of The Money Nerve: Navigating the Emotions of Money and host of the Money You Should Ask podcast. Wheeler's work explores the subconscious beliefs, emotional patterns and financial trauma that shape how we earn, spend, save and sabotage ourselves. After decades inside The Comedy Store, he has also enjoyed a remarkable front-row seat to fame, fortune, failure—and some of Hollywood's biggest personalities. WEBSITE: https://themoneynerve.com BOOK: The Money Nerve: Navigating the Emotions of Money PODCAST: Money You Should Ask FOLLOW RICHARD Website: https://www.strangeplanet.ca YouTube: @strangeplanetradio Instagram: @richardsyrettstrangeplanet TikTok: @therealstrangeplanet SUPPORT OUR SPONSORS!!! ETHOS – Life Insurance for Any Budget The #1 no-medical-exam, instant life insurance provider. Get Covered in 10 Minutes. Up to $3 Million in Coverage. Life Insurance Made Easy. Application Times May Vary. https://www.ethos.com HIMS Weight Loss By HIMS -HIMS now offers access to an affordable range of FDA-approved GLP-1 medications, including the Wegovy® pill and the Wegovy® pen. Ready to reach your goals? Visit hims.com/strangeplanet to get a personalized, affordable plan that gets you. MARS MEN Mars Men helps you reclaim your edge with natural testosterone support for energy, focus, and strength Go to MenGoToMars.com right now, for a limited time, listeners of this program get 50% off for life, plus free shipping AND 3 free gifts. QUINCE Luxury, European linen that gets softer with every wash! Turn up the luxury when you turn in with Quince. Go to Quince dot com slash RSSP for free shipping on your order and 365-day returns. Now available in Canada, too. CARGURUS CarGurus is the #1 rated car shopping app in Canada on the Apple App and Google Play store. They've got hundreds of thousands of cars from top-rated dealers, plus advanced search tools that let you zero in on exactly what you want. And you can set real-time alerts for price drops and new listings — so you never miss a great deal. Buy your next car today with CarGurus at cargurus dot ca. Go to cargurus dot ca to make sure your big deal is the best deal. ⁠ BECOME A PREMIUM SUBSCRIBER!!!⁠ ⁠https://strangeplanet.supportingcast.fm⁠ Three monthly subscriptions to choose from. Commercial Free Listening, Bonus Episodes and a Subscription to my monthly newsletter, InnerSanctum. Visit ⁠https://strangeplanet.supportingcast.fm⁠ Use the discount code "Planet" to receive $5 OFF any subscription. We and our partners use cookies to personalize your experience, to show you ads based on your interests, and for measurement and analytics purposes. By using our website and services, you agree to our use of cookies as described in our Cookie Policy. Learn more about your ad choices. Visit ⁠megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://strangeplanet.supportingcast.fm/

Your business can look successful and still be losing money. In this episode, Tiffany Phillips, CPA and Tax Strategist, breaks down the accounting and finance basics every business owner should understand. You'll learn what your income statement, balance sheet, and cash flow statement actually tell you, and why revenue is not the same as profit. Tiffany also explains cash versus accrual accounting, profit margins, break-even points, cash flow forecasting, and the numbers that can help you make smarter money decisions. You do not need to become an accountant. You just need enough business finance knowledge to understand what is really happening with your money. If you are tired of guessing whether your business is truly profitable, listen now. These numbers could change the way you run your business. Next Steps:

What should a direct primary care physician actually pay themselves? On this episode of My DPC Story, Dr. Maryal Concepcion sits down with Nate Goodman, CPA, founder of Goodman CPA, the accounting firm that works exclusively with direct primary care and direct specialty care practices.Nate is also a DPC patient. His family's experience with direct primary care in the Black Mountains of North Carolina is why his firm stopped taking non-direct care clients in 2024.Together they walk through 10 questions, each with a real number attached, that every DPC owner should be able to answer.In this episode:How to set a DPC membership rate using your household budget and local census income dataWhy most physician owners are 30 to 50 percent underpriced once discounts and free memberships are countedWhere an enrollment fee should sit (one to two months of membership) and what it fundsThe profit margin to target with employees (about 30 percent) versus a solo micro practice with no payroll (up to 70 percent)How many months of cash to hold before raising your own payThe Profit First method for DPC: 20 percent to owner's pay and 15 percent to taxes from day oneWhat has to be true in your numbers before hiring a second physician, and the marketing signal most owners missThe true loaded cost of a hire (1.25 to 1.4 times base salary)What a normal annual termination rate looks like and when churn means something is wrongLLC versus S corp: the 15.3 percent self-employment tax and where the break-even point sitsYear-end tax moves to make before December, including the 401(k) setup deadlineFree calculator: Nate and the My DPC Story team built a free DPC financial calculator so you can run your own membership pricing, enrollment fee, owner pay, and hiring numbers. Get it at mydpcstory.com.Listener offer: My DPC Story listeners get 25 percent off onboarding fees for Goodman CPA's full services, including tax advisory and fractional monthly accounting. Use the links at mydpcstory.com.Ways to work with Goodman CPA:The DPC Circle community with monthly live Q&A ($10/month)Launch Pad for physicians opening a new practice ($2,500)Fractional accounting and payroll team (starting around $1,250/month)This episode is sponsored by Goodman CPA. Nothing here is legal or tax advice. Talk with your own CPA about your practice.Leave a voice message at mydpcstory.com/contact and you might hear your question answered on a future episode.Follow My DPC Story on social media and find The Toolkit Magazine, free resources, and The Physician Owner's Planner at mydpcstory.com.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

On this episode of The Dentist Money Show, Matt and Tom discuss why dentists need their CPA and financial advisor working together. They explore how better communication and coordination can help prevent costly mistakes, improve financial decision making, and keep a dentist's personal finances and practice finances working toward the same goals. They also talk about why dentists shouldn't have to play middleman between their financial professionals and should have a team that communicates, understands the bigger picture, and is aligned with your goals. Book a free consultation with a CFP® advisor who only works with dentists. Get an objective financial assessment and learn how Dentist Advisors can help you live your rich life.

Most ecommerce brands kill their website popup to protect margin, and they end up paying more to acquire every customer. On $10,000 in ad spend, a 15% welcome offer moves CPA from $33.33 down to $25 on day one, then down to $17.24 once the email list does its job.Josh walks through every scenario with the numbers on screen.Inside this episode:The World War II bomber study that explains why "people buy from me without a discount" is the wrong conclusion to draw about your own storeThe full $10,000 ad spend breakdown: 3% vs 4% conversion rate, $33.33 vs $25 CPA, and why a lower AOV still collected $2,600 moreWhy 15% off outperforms the 10% everybody else runs, plus the 8 to 10% opt-in benchmark and what it means if you are above itThe trail effect, and what the 600 people who opted in but did not buy on day one are actually worth over the next 90 daysThe repeat purchase rule of thumb we use (40% place a second order, then cut it in half every order after) and the $104 lifetime value it adds up toFive popup types mapped to customer lifecycle stage, starting with the reminder popup for subscribers who never used their codeThe one-time buyer popup, and the loyalty and subscription popup for anyone who has already bought twiceThree ways to capture emails without discounting, including the play a luxury brand can run without touching priceThe change to make to your welcome offer before Black Friday Cyber Monday so your offers stop stackingThe real question is not whether to run a popup. It is what the offer costs you today, what the list is worth in 90 days, and whether you have any way to follow up with the people who showed up and walked.

Emily Bowie is a CPA, Co-founder and Chief Financial Officer at Thorne Advisors.  Thorne Advisors is a modern accounting and advisory firm for high-earning women who want to feel confident about their money not confused by it. Emily is a Cash Flow Strategist with over 15 years of experience, including her time as an audit manager in Big Four accounting. She is known for bringing calm, clarity, and structure to financial conversations that often feel stressful or avoided. Outside of Thorne Advisors, Emily leads her church's financial ministry, is a mom to three young children, and enjoys a good DYI project almost as much as a well-organized set of financials. Learn more about Emily at ThorneAdvisors.com Contact Julie at theveterinarylifecoach.com

In this episode, we will discuss critical wandering and missing persons incidents in dementia care. We delve into the risk factors, common scenarios, and outcomes of such incidents, emphasizing the importance of immediate action and preparedness.‍This episode will cover:— Definition and importance of understanding critical wandering.— Risk factors that increase the likelihood of wandering.— Common scenarios where wandering occurs.— Immediate steps to take if a person with dementia goes missing. — Case study highlighting a missing person incident.— Where people with dementia are often found, both alive and deceased.— Who often finds missing people with dementia.‍MedicAlert | https://www.medicalert.org/medical-conditions/alzheimers/REFERENCES: Rowe, M. A., Feinglass, N. G., & Wiss, M. E. (2004). Persons with dementia who become lost in the community: a case study, current research, and recommendations. Mayo Clinic proceedings, 79(11), 1417–1422. https://doi.org/10.4065/79.11.1417‍Alzheimer's Association. (2023). Wandering and getting lost: Who's at risk and how to be prepared. https://www.alz.org/media/documents/alzheimers-dementia-wandering-behavior-ts.pdf‍Rowe, M.A., Vandeveer, S.S., Greenblum, C.A. et al. Persons with dementia missing in the community: Is it wandering or something unique?. BMC Geriatr 11, 28 (2011). https://doi.org/10.1186/1471-2318-11-28‍Miguel-Cruz A, Perez H, Choi Y, Rutledge E, Daum C, Liu LThe Prevalence of Missing Incidents and Their Antecedents Among Older Adult MedicAlert Subscribers: Retrospective Descriptive StudyJMIR Aging 2024;7:e58205URL: https://aging.jmir.org/2024/1/e58205 DOI: 10.2196/58205CONNECT, GET RESOURCES, LEARN MORE, + SIMPLIFY YOUR CARE JOURNEY:LinkTree | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.letsbambu.com/b/linktree⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠MUSIC CREDIT: Listen To SpillageVillage - Tropical Landing Pop Songs At Looperman.com DISCLAIMER: The information contained in Bambu Care LLC's website, blog, emails, programs, services and/or products is for educational and informational purposes only. While we draw on our prior professional expertise and background in other areas, you acknowledge that we are supporting you in our role exclusively as a Dementia Care Consultant. By participating in Bambu Care, LLC's website, blog, emails, programs, services and/or products, you acknowledge that we are not a licensed psychologist, professional counselor, or medical doctor. We in no way, diagnose, treat, or cure any illnesses or diseases. Dementia Care Consulting is in no way to be construed or substituted as psychological counseling or any other type of therapy or medical advice. The information provided by Bambu Care, LLC also does not constitute legal or financial advice nor is intended to be. Dementia Care Consulting is not a substitute for the services of a CPA or attorney.

For FP&A, the most dangerous revenue number may be the one that looks credible enough not to question. A $100 million acquisition was just three weeks from closing. The target had been audited, the opinion had come back clean, and the deal looked compelling. Then Devon Coombs, CPA, spent a weekend digging through the contracts and came back with a very different conclusion: the revenue story did not match the contractual rights and cash flows underneath it. In this episode of FP&A Today, Devon explains why FP&A cannot automatically treat invoicing as revenue, how principal-versus-agent decisions can make the same transaction appear as either $100 or $3 of reported revenue, and why worsening cash flow can reveal problems that a strong top line hides. The conversation also looks ahead to AI and consumption-based pricing, where minimum commitments, usage, overages, invoicing cadence, and contract structure can make forecasting and revenue recognition substantially more complex. The bigger lesson for FP&A is simple: understanding revenue means understanding the contracts and economics behind the number, not just the number itself. Key Moments Revenue and cash flow need to tell a coherent story. Rising revenue and income should trigger questions when operating cash outflows continue to deteriorate. An invoice is not automatically revenue. Recognition depends on contractual rights, performance obligations, and when those obligations are actually satisfied. Gross versus net revenue can dramatically change the top line. The same $100 transaction could result in $100 or $3 of reported revenue depending on the company's role in the transaction. Good diligence starts before management explains the numbers. Devon describes looking at the financials first, forming an independent view, and then going directly to the underlying contracts. Contracts are an FP&A input, not only an accounting or legal document. Pricing, billing, and commercial terms can materially affect forecasts and the economics FP&A is trying to model. Standardization reduces revenue risk. Clearer offerings, pricing structures, contracts, and RevRec processes make it easier to scale without discovering problems during a transaction. AI and consumption pricing are changing the forecasting problem. Minimum commitments, overages, usage, breakage, and billing cadence can produce very different revenue patterns. Finance teams need a revenue architecture strategy. FP&A should understand how pricing, contracts, billing, revenue recognition, and forecasting fit together as one system. Timestamps 05:29 — Should the same transaction produce $100 of revenue or $3? 08:15 — Why invoicing does not necessarily equal revenue 12:30 — The $100M acquisition everyone wanted to move forward with 17:58 — Devon's diligence method: start with the numbers, then read the contracts 18:42 — How the buyer avoided a $100M mistake 40:40 — Why SaaS, AI, and consumption-based pricing are changing the revenue model 48:45 — Practical steps for aligning offerings, contracts, and RevRec 56:05 — The revenue architecture question every FP&A team should be asking Earn CPE Credits If you would like to earn CPE credit for listening to the show, visit earmarkcpe.com/fpna. Download the app, take a short quiz, and get your CPE certificate. Further Reading/Listening Devon Coombs — Website & Resources: https://www.devoncoombs.com/ Connect with Devon on LinkedIn: https://www.linkedin.com/in/devoncoombs/ The 10 Laws of Finance: https://www.devoncoombs.com/book

In this Simple CFO Case Files episode, David Richter and Christina Gutierrez pull back the curtain on what they call the number one factor in keeping more money: the relationship between an owner and the right financial partner. They walk through exactly what happens from the first discovery call to being fully onboarded with a CFO who actually fits.David and Christina cover the diagnostic first conversation that figures out whether you need a bookkeeper, a CPA, or a high-level CFO, the internal reports they now run on every new client to nail the match, and the multi-call onboarding that gets you productive fast without repeating yourself. They also speak directly to the owner hanging their head over messy numbers, and why reaching out is something to be proud of. If you've ever felt embarrassed about not knowing your numbers, this one is for you.Timeline Summary[2:39] – Why matching a client with the right CFO is the whole focus of the episode[3:03] – Christina on running operations by thinking of what the client needs first[3:55] – The low default rate as proof the matching process works[4:13] – How Simple CFO grew from David doing everything solo to a systematized seven-year-old company[5:12] – The early frank conversations with Michael about what onboarding needed[6:07] – The diagnostic first call and treating it like a doctor's visit[6:34] – A real example: a developer doing $1M a month who didn't know where to start[7:31] – The key questions that reveal what an owner actually needs first[8:26] – The three internal reports run on every new client: management brief, sales brief, and a QC review[10:34] – Christina's message to owners who hang their head over their numbers[11:44] – The Gap and the Gain and measuring gains instead of gaps[12:20] – Why the client success manager watches the calls so you never repeat yourself[13:23] – Why matching isn't a round robin, but a personality and needs-based technique[15:25] – Cutting the sales-to-onboarding-to-CFO timeline so busy owners don't waste weeks[15:45] – The battle plan call where you put your goals in front of your CFO[16:21] – The orientation call with an owner on how to get the most from a CFO relationship[17:17] – Why investing in a CFO is really an investment in you as a CEO[18:34] – How the reports go deep on delivering good and bad news to each owner[19:14] – The event attendee whose favorite call of the week is sparring with his CFO[20:25] – Why building trust from the first call matters so much with finances5 Key TakeawaysThe Relationship Is The Real Factor — Keeping more money comes down to being paired with a financial partner who fits you. Simple CFO's low default rate on matches is the proof that the fit matters.The First Call Is A Diagnosis — Like a doctor, the intake conversation figures out whether you need bookkeeping, tax, a CFO, or all three. A developer doing $1M a month may still not know where to start.Reports Drive The Match — Three internal reports on every new client, a management brief, a sales brief, and a quality review, mean your CFO already understands your business and personality before the first call.Don't Hang Your Head — Owners often go quiet and embarrassed about messy numbers. Christina's message: be proud you built the business and had the nerve to ask for help. You're rarely the worst situation of the week.A CFO Is An Investment In You — Beyond the numbers, a good CFO makes you think and operate like a CEO. The orientation call trains you on what to ask so you get real value from every meeting.Links & ResourcesSimple CFO — https://simplecfo.comProfit First for Real Estate Investing Free Workbooks — https://pfreiworkbook.comProfit First for Real Estate Investing by David Richter — https://profitfirstrei.comThe Gap and the Gain by Dan Sullivan and Benjamin Hardy — https://www.strategiccoach.comEnjoyed This Episode?If David and Christina made you realize the embarrassment keeping you from calling a financial partner is the very thing holding you back, that's worth acting on. Share this episode with an owner who's been avoiding the conversation, and follow the show and leave a rating and review so more real estate investors can find these Case Files.

In this episode, Joe talks with Stephanie Bowie, CPA, from BMPWRD Leadership Academy in Indiana, about the fiscal 2025 Department of Defense audit, the challenges behind its ongoing audit issues and how stronger ownership, visibility and follow-through can help organizations improve their own internal controls.

Are you in a season that feels dry or like God has gone silent?In this episode, John and Lisa reveal that wilderness seasons aren't signs of abandonment—they're divine preparation. Drawing from Israel's desert wandering and Jesus' own 40-day wilderness experience, they unpack how God uses hard seasons to drive roots deeper, prune what's comfortable, and produce far greater fruit.Watch now to discover the hidden growth happening in your winter season.Additional ResourcesGet Your FREE Resource, Foundations for New Believers, here: https://1mg4rhv.s.gy/QR9ClhClick here to start your free trial with LOGOS today! Use code "BEVERE" at checkout: http://logos.com/bevereSpecial thanks to Phil Liberatore, CPA! If you're looking for experienced tax relief and financial guidance, visit https://StopIRSpain.comSupport this podcast by becoming a partner here (tax-deductible): https://1mg4rhv.s.gy/nH3FPwGet John's new book, The King is Coming, here: https://www.amazon.com/King-Coming-Prepare-Return-Christ/dp/1400349672/ref=tmm_hrd_swatch_0To explore the other podcast shows that are part of the Messenger Network, click here: https://messengerinternational.org/podcastsTo help you grow as a follower of Christ, we invite you to download our everyday discipleship app, MessengerX. You can get it here: https://messengerx.com/FREE Show Notes Here: https://page.church.tech/fd4b585c

Schedule a Free Financial Assessment with an experienced professional:https://bit.ly/YMYWassessCHow do you buy a house as a young person, without wrecking your long-term retirement plan? That's today on Your Money, Your Wealth® podcast 599, as Joe Anderson, CFP® and Big Al Clopine, CPA spitball for 35-year-old Gord in New York City. He's got $300,000 saved, and a home purchase is coming soon thanks to a new relationship. Should he liquidate his brokerage account and pull the trigger? Carrie Bradshaw in California is 33 and wants to buy a roughly $1.5M home. When should she move the down payment money out of the market, and can she avoid derailing early retirement? Finally, Archie and Veronica in Missouri are 41 and 34, pulling in $600,000 a year and saving close to $200,000 of it. Are they saving too much? Should they pay off their mortgage or keep investing?Free Financial Resources in This Episode: https://bit.ly/ymyw-599 (full show notes & episode transcript)Financial Blueprint (free, self-guided):https://bit.ly/YMYWblueprintC10 Big Retirement Regrets to Avoid (Before It's Too Late) - YMYW TV: https://purefinancial.com/ymyw/episodes/10-big-retirement-regrets-to-avoid-before-its-too-late/?utm_source=captivate&utm_medium=podcast&utm_campaign=ymyw-tv&utm_content=ymyw-pod-ep599-description-tv-s10e15REQUEST your Retirement Spitball Analysis:https://bit.ly/YMYWaskCDOWNLOAD more free guides:https://bit.ly/YMYWguidesCREAD financial blogs:https://bit.ly/YMYWblogCWATCH educational videos:https://bit.ly/YMYWvidsCSUBSCRIBE to the YMYW Newsletter:https://bit.ly/YMYWnewsletterCConnect With Us:Subscribe on YouTube and join the conversation in the comments:https://bit.ly/YMYW-YTSubscribe or follow YMYW in your favorite podcast app:https://lnk.to/ymywLeave your honest reviews and ratings in Apple Podcasts:https://podcasts.apple.com/us/podcast/your-money-your-wealth/id312900254Chapters: 00:00 - Intro: This Week on the YMYW Podcast01:02 - I'm 35 in NYC. Do I Cash Out My ETFs to Buy a House? (Gord, NYC)15:21 - How Much of My $900K Goes to the Down Payment? ("Carrie Bradshaw", CA)24:12 - We Make $600K With a $1.1M Mortgage. Pay It Off or Keep Investing? ("Archie & Veronica", MO)35:55 - Outro: Next Week on the YMYW Podcast

Tom Brodie is a National Account Executive with CSSI, the nation's premier engineering-based consulting firm specializing in tax law surrounding commercial buildings. With over 23 years of experience and more than 65,000 studies completed, CSSI has a proven track record of delivering significant tax savings without triggering a single audit. Tom spent 27 years at Shell Oil before taking early retirement and moving into the scuba industry, where he worked for a Houston-area scuba retailer. Wanting work that was less dependent on discretionary spending in an oil-driven local economy, he found cost segregation and assumed every building owner already knew about it. Most did not. Today, based in Houston, Tom works with commercial and multifamily owners to reclassify building components into faster depreciation schedules and to correct costly errors buried in existing depreciation schedules. Most building owners have never run a cost segregation study, and many who have are still leaving money on the table. In this episode, Tom Brodie of CSSI walks John through what a study actually does, why a CPA cannot perform one, and the land valuation error he keeps finding on depreciation schedules that quietly costs owners six figures. Tom shares two real examples, explains how recapture and 1031 exchanges change the math, and clarifies when it is too late to act.     Make sure to download our free guide, 7 Questions Every Passive Investor Should Ask, here.     Key Takeaways Break a building into 5, 7, and 15-year asset classes instead of one 27.5 or 39-year schedule Claim 100% bonus depreciation on anything a study identifies with a life under 20 years Audit your depreciation schedule for an inflated land value, because land can never be depreciated Hold at least 3 to 5 years after a study, or use a 1031 exchange, so recapture does not erase the benefit Use a change of accounting method to catch up missed depreciation without amending prior returns     Topics What Cost Segregation Actually Does A study divides a building into faster-depreciating asset groups instead of one straight-line schedule The structure stays at 27.5 years for residential or 39 for commercial; interiors and site work move to 5, 7, or 15 years Parking lots, irrigation, security systems, lighting, landscaping, and flagpoles all fall in the 15-year bucket Why the Strategy Stayed Obscure Cost segregation dates to the late 1990s but was originally priced for owners of skyscrapers CSSI brought the cost down far enough to study buildings valued from $200,000, excluding land Tom says most CPAs lack the time and resources to do it, and many never raise it with clients Why It Takes an Engineering Study Counting every window, door, appliance, and countertop across a portfolio is an engineering exercise CSSI delivers dollar totals by asset class for the CPA to plug into the depreciation schedule Tom notes CSSI does not prepare returns, so the handoff stays clean A Medical Office Building Example A 53,000 square foot medical office building completed in December 2023, valued at roughly $12.9 million Straight-line depreciation for that first month came to $13,790 The study identified about $1.1 million in tangible personal property and $3.1 million in land improvements At the 80% bonus rate then in effect, that produced roughly $3.4 million of first-year depreciation The Land Value Error Hiding in Depreciation Schedules A Colorado rental carried $500,000 in land value against a county assessment of $125,000 Reallocating the $375,000 overage lifted the building basis from $522,384 to roughly $897,000 The owner had held the property four years without knowing the error existed Tom recommends validating land value against county records, or a commercial realtor's opinion as of the purchase date Correcting Past Years Without Amending Returns A change of accounting method form allows a catch-up deduction in the current tax year The IRS treats the filing as an automatic acceptance, so prior returns stay untouched CSSI prepares the form as part of every study for the CPA to submit Recapture, Hold Periods, and the 1031 Exchange Selling soon after a study can let recapture consume the entire savings Tom recommends holding at least 3 to 5 years so reinvested savings outrun the recapture A 1031 exchange defers the gain entirely and is the cleanest way to avoid recapture What Qualifies and What Does Not Personal residences do not qualify; commercial and investment property does An owner-occupied duplex can be studied for the rental portion only A vacation rental is prorated based on the owner's personal use during the year Cost Segregation Inside a 1031 or a Syndication Tom recommends a study on both the relinquished and the replacement property Carryover basis reduces the new study's base, and the benefit still holds In syndications and JVs, depreciation flows by ownership percentage under the partnership agreement When It Is Too Late, and the Biggest Mistake Properties owned under ten years are worth evaluating; past twenty, there is usually little left to accelerate CSSI runs no-cost, no-obligation estimates before any commitment Tom says the biggest mistake is simply failing to pursue every tax benefit in the code He notes 100% bonus depreciation returned with no scheduled phase-out, unlike the version that stepped down after 2022    

Tiff and Kristy break down monthly financial controls that protect your practice's profit. These include identifying lag and lead measures, getting your supplies in check, creating a budget around the team's fun money, and more. Episode resources: Subscribe to The Dental A-Team podcast Schedule a Practice Assessment Leave us a review Transcript: Tiffanie (00:01) Hello, Dental A Team listeners. Welcome back to the Dental A Team podcast. I am your host today, Tiffanie, and I am so excited to have Miss Kristy here with me. Kristy, you have been with us for quite some time. We have done a lot of podcasts together. and I truly love and appreciate your willingness to jump on. You just came from a coaching call, so thank you for hopping over here to me. I know your brain's a little busy with   Notes and getting everything wrapped up. We do a lot for our clients. So I know Kristy, you just spent an hour with a team or or doctor, and next steps are making sure your notes are wrapped up and you get a nice little email over to them and that's what our clients come to expect. So Kristy, how are you today? Thank you for serving our clients in coaching calls and serving our clients and our audience here on the podcast today. How are you?   DAT- Kristy (00:55) I'm doing good. Happy to be here with you.   Tiffanie (00:58) Awesome, thank you. And this guys is why I normally schedule them on Mondays and I am just feverishly working to get ahead. And Kristy graciously accepted my Tuesday invite to come podcast with me. So thank you, Kristy. Kristy, I know I always say this, I kind of handpick different podcast topics to make it the most fun for you ladies while you're here with me. So I get to talk about all of the pieces and I   Pick things that I think you guys are gonna enjoy the most. I think all of you, all of us consultants could speak to all of the topics that we have, but we all kind of gear towards favorites and things we love, things we do a lot of. And something that you do a lot of is you look for the money and finding it seems to be something that you enjoy, but also something you're just really, really good at. I know Kira speaks to that often as well. And today I wanted to talk a little bit more in-depth.   on profit because I know we talk we've spoken a lot on a lot of different podcasts about AR, bringing AR down, kind of how to find those controls within the practice, but making sure we're looking at monthly financial controls that protect the practice profit was something I wanted to chat with you about today. So how's that sound Kristy? Sound awesome. Awesome. Good. Let's   DAT- Kristy (02:16) Sounds like a plan. Let's find the money.   Tiffanie (02:20) find the money. So one thing I love that we like to do with our clients   And   something we do, I think, in our personal lives too is control what we can and then, you know, leave the rest for later. We we fix the rest later, we work on the rest later. And something that we can control is how much of our profit is being spent to a certain extent. So there's different spaces within the PL, within the practice spending that we do have control over that I think we don't spend enough time projecting and looking at to be able to know.   that we are profitable or that we can create that profit. And to me, when I see a topic that says monthly financial controls that protect practice profit, I think of budgeting. I think making sure we're working with it as a means of what we already have so that we're not overextending ourselves just like we do in our personal lives. So Kristy, you work with practices within their finances and their profit a lot. What are some areas that you work specifically on   helping them to protect their profit within those numbers.   DAT- Kristy (03:28) Yeah. Well, I think it's important, Tiff, that we look at it routinely, number one, and understand what our fixed expenses are and then what are ones that we can actually maybe pull levers and see where we can budget and plan for. so many things. Again, just like we look at numbers inside of the practice, there's lag and lead measures, right?   I kind of look at the PL the same way. There's lag and lead measures. And so sometimes it's just being more proactive and really looking and planning ahead versus reactive and looking at the bank account to go, is there money?   Tiffanie (04:11) Yeah, which I think we all do that at some point, right? Personally   DAT- Kristy (04:14) Yeah.   Tiffanie (04:15) and professionally. When you're looking at a PL, I love that lead measure, lag measure. PLs are full of lag measures and doctors will look back and gosh, I have a practice that only gets them quarterly, and I'm like, I don't know how we do this. Like it's so hard. We've got to be looking at these every month, like you said. So we're looking at those like lag measures. How do you pulse within that?   those lead measures. What are you using and what are you seeing as lead measures when you're looking at those numbers monthly?   DAT- Kristy (04:42) Yeah, well, number one, we might be planning ahead for hiring a new teammate. What is that gonna cost us? And so wrapping that into our budgeting for the month, or maybe there's a new piece of equipment that we're looking to buy or a CE course we're going to, like looking ahead and planning for those expenses on a monthly basis so they're not a surprise to us when when they do hit.   Tiffanie (05:09) That's brilliant. I love that. So making sure even if we know, hey, we're gonna try to bring on an associate this year. So that associate cost, a lot of dentists know look at the associate costs and start, you know, planning for thirty percent goes over here or twenty percent or whatever you're gonna do, goes over here, start putting that aside. But to your point, Kristy, for   Hiring, something that I think we fail to think about often when we bring on an associate is the rest of the team that may need to be brought on as well. So do we need more dental assistance for the associate? Do we need another treatment coordinator to work that schedule? Sometimes, even Kristy, there's hygiene, right? There's a hygiene hire that needs to come along with that associate. So it sounds like for you, you're looking at with that practice, okay, this is our current lag measure. This is our current what we can say is.   our usual and customary employee cost. And then as we add these other additional team members, we can expect that employee cost to become X dollars. And then turning that into being able to see what the what the production and collections costs need to be in order to cover that volume.   DAT- Kristy (06:19) Yeah, you got it, tips spot on. And we can almost do that for anything that we're future pacing and planning, right? To see if it makes   Tiffanie (06:27) Yeah.   DAT- Kristy (06:28) sense even.   Tiffanie (06:29) Yeah. And I as you're seeing as you're saying that too, you said planning for a a large equipment purchase. So with that, then you can look and say, okay, well, this is what our profit is or what we project our profit to be in the next coming months. Can we set aside or how much can we set aside out of that profit each month to be able to afford that large purchase rather than vice versa? I think a lot of practices   And people we say, I want or I need this, and they offer low percentage rates or no percentage rates. So instead of saving towards that thing this day and age, we just say, cool, let's get it, and I'll pay monthly to pay it off. So you're you're even thinking potentially flipping that mindset and saying, let's let's project and see when do we need to make this purchase? How much will it be? And how can we get the money for it?   DAT- Kristy (07:24) Yeah, absolutely. And sometimes we do need to finance it, but also knowing what that's gonna look like too. I mean, maybe that makes more sense. Yeah,   Tiffanie (07:33) Yeah.   DAT- Kristy (07:34) agree with you, Tip. We need to kind of look at where our expenses have been, especially like with team, it's easy to look p back at the last 12 months or six months and say, this is where we've been running. You know, what's kind of funny about that is we just came off of a month where many of our clients had three payrolls.   And being able to budget for those ahead of time, right? So   Tiffanie (07:56) Yeah.   DAT- Kristy (07:57) planning ahead and knowing what we're looking at, but you have to be looking at it routinely.   Tiffanie (08:03) Absolutely.   I totally agree with that. Quarterly, yearly does not, it just doesn't work. It does not, you're left in the dark so much. monthly financial control. So we can project, we can look and see, okay, where's our growth taking us? Do we need to prep and plan for any expenses? And I love your like even adding if we're adding debt, what does that added debt look like against the current PL? And then two.   I was thinking earlier about this, like what pieces do we use a lag measure for to like pull into this month for, like you said, a lead and a lag. So I know a lot of practices I have them working off of budgets, like to the max. And so I have obviously I think a lot of practices work off of an ordering budget, so a supply budget for the back office.   But I know a lot of them are like a little skewy too. They're kind of all over the place. Or they're like, it's fine. We're $3,000 over. And I'm like, $3,000 is like another percent or two sometimes. So making sure we stay in line with that, but projecting that and putting it on spreadsheets, right? So I have practices that have budgeting spreadsheets for that reason. So they know exactly how much money they have to spend. And I have dental assistants that find   that to be like a game. Like that inspires them to go find the best deals because they know they only have X amount of dollars because the spreadsheet told them and then they're entering all that data. What are you seeing outside of supply costs that you've got offices? I know I've got, you know, if you're doing some obscure things, like what are you having practices look at or have you in the past trying to gain that control maybe of their profit within the budgeting world outside of just the normal dental supplies?   DAT- Kristy (09:52) Yeah, I love that you mentioned the dental supplies and doctors, if you're not letting your team do this, like do it. And and really I liken that Tiff to going to the grocery store without a list or with a list, right? Be   Tiffanie (10:05) Mm. Yeah.   DAT- Kristy (10:06) very intentional. And I really like to have my offices ordering twice a month and you   Tiffanie (10:12) Mm-hmm.   DAT- Kristy (10:12) set the time aside, you know, Wednesday the first week of the month and Wednesday the third week of the month or something similar.   So to your point there, but also the other things that I would look at, and it's coming up big right now, especially with insurances. How much are you spending? Are you taking the credit card payments and letting another 4% go out the door? You know, so many docs are complaining about their reimbursements, but yet you're allowing them to pay you with credit card. You know, that's   Tiffanie (10:41) Yeah.   DAT- Kristy (10:42) a big one that could save you.   Look at look at those. Hopefully you're entering the payments in your software and you're designating it to a payment type. Run that report and see what what how much did you take in on credit card insurance payments? And pretty much you might as well times it by four percent, you know, and see what you could   Tiffanie (11:02) Yeah, yeah.   DAT- Kristy (11:03) be saving. That's a huge one right now.   Tiffanie (11:06) Yeah, I completely agree with you. That's massive. And a lot of practices are doing credit card payments for supplies in order to get points. And then they pay off the credit card. But I do see often practices that end up and we all do that, we do this in our personal life too. We're like, I'll get the points. But then when the payment rolls on, we're like, shoot, I didn't plan for that. So now we're paying it over time and we are adding that extra whatever percentage that APR might be per month to that pay to that balance.   DAT- Kristy (11:35) Yeah. The other thing when you're talking supplies tip back in our day, we had to wait for things to come in, right? Now, truly, yeah. Now,   Tiffanie (11:42) Yeah, weeks.   DAT- Kristy (11:44) truly, most practices, they're getting it within a day or two. I I just I challenge you to reframe your mindset. Sometimes the salesperson comes in and they're like, buy three, get two free, or whatever, you know. It's like that's money sitting on your shelf. And many times, even if you   think you're gonna use it over time, that money could be worth more to you in the bank than sitting on the shelf.   Tiffanie (12:10) Yeah,   that's a really good point. And I was thinking too as you were speaking, there's so many different areas of that like quick return. I have an office that we've dug into their finances many times and their supplies are just like out of this world. And I'm like, what the heck? They were up to like 15% one month. And I was like, guys, what are you ordering? Like what is are we remodeling? Are we restocking the entire office? Like, what did we order?   And when they went back, they're like, I don't know. So they go back through and we have them on budget spreadsheets, right? Well, they go back through, and what was happening is the office manager and the front office gal were every day like, we need toilet paper. we need, and they have prime. So prime is a phenomenal tool, very dangerous tool, right? It's dangerous in my own home.   DAT- Kristy (13:04) Yeah.   Tiffanie (13:06) So being able to at the click of a button get something tomorrow or sometimes even the same day because you need it, it's very easy to just keep that open and be like, order this, order this, order this. And the next thing you know, you've spent two, three, four times your budget because you're not paying attention to it being all lumped together. So I love your ordering two times a month on the budget because it avoids that, even if you have an Amazon cart full, right? I tell them that's fine.   Put it in the Amazon cart. If that's how you want to roll, put it in the Amazon cart and you press order on the order day and you see your total. Because how many times have we gone? I used to do this and I probably should do it again. I would throw stuff in the Amazon cart and then I'd wait a couple days. And if I remembered that I needed the thing, I'd go back and I'd order it.   DAT- Kristy (13:55) Yeah.   Tiffanie (13:56) Or I'd sometimes go back in and be like, I don't know why I thought I needed that. There are so many things that I did not end up ordering.   Because I just sat on it for a couple of days. So if we do that instead of the quick instant gratification, because to your point, no matter when you order, it's gonna be there in a couple days. It used to take weeks. It used to take like a month to get implant supplies. We had to schedule implants six to eight weeks out just to ensure we had the parts and the rep would still have to bring stuff. But it's not like   DAT- Kristy (14:25) Yeah.   Tiffanie (14:26) that anymore. Like there's zero competition when it comes to shipping rates, remember, or shipping   shipping days. Remember Henry Schein was like, we'll get it to you within the within the week, free shipping. And it   DAT- Kristy (14:36) Yeah.   Tiffanie (14:37) was like, yes, I'm using you because you have that, but now everybody has it. So I love that you mentioned that.   DAT- Kristy (14:42) Yeah. I love that you said the   implant thing, Tiff, because I know even back in my day it was like, gosh, it's not here, and Doctor would spend seventy-five dollars to overnight it and I'm just looking at it like, man.   Tiffanie (14:54) Yep.   DAT- Kristy (14:55) So I hope that you guys are separating out your invoices and you're really scrutinizing those truly. Tiff, you know, when   Tiffanie (15:00) Yeah. I agree.   DAT- Kristy (15:02) you were talking, one of the other ones that's really hit me hard lately is ink and and heaven forbid, guys, if you still have the Pitney Bows.   postage machine. I challenge you to get rid of it yesterday because truly in this day and age with text to pay and I hope you're not sending postcards anymore and I hope you're not sending paper statements like the ink and the postage is just outrageous and what you're paying for those machines. Get get on, use your technology. We all have it.   Tiffanie (15:37) I   agree. I loved my Pitney Bows machine when I was in office. That was a long time ago. But I was obsessed with that machine because it was so handy. But I think to your point now, even s paper statements I think are done online and a company prints it and ship and sends it. So we don't even like print at the office and touch them anymore. It's literally all done online. So yes, get rid of the Pitney Bows. I know they're really cute.   And they're super helpful. I was attached to mine, but we all gotta say goodbye at some point. I love that.   DAT- Kristy (16:10) Yeah.   Tiffanie (16:12) another area that I've seen practices like forget that they spent on is like team fun budgeting. So I just you know got my team Starbucks three, four, five times. Like I've walked into an office, I have a couple offices that do this. And if I come to your office, yes, I do enjoy this, so by all means create a budget around it.   I'll walk in and they're like, hey, we're putting a Starbucks order in, Tiff. What do you want? And I'm like, heck yeah, right? So I get on there and it's DoorDash or Uber Eats or whatever app that's gonna deliver to the office. And I'm like, bro, this is like $125 worth of Starbucks. Like that's I know I refill my app way too often and I need a budget for that, but those types of things go unnoticed. Again, because everything's just it's not cash, we're not seeing it, it's auto online.   And it's like right now. So I have a lot of practices. My practice actually with the Amazon situation, they have an Amazon bucket, but then they also have a team fund bucket. And so they   DAT- Kristy (17:15) Yeah.   Tiffanie (17:15) have a budget every month of you know profit and amount of profit that goes over to their team fund bucket and they use it or they bank it. And so they can get future items. But that was something that we had to create for that practice because their profit   was just getting eaten up because the office manager's like, well, she needed new shoes, you know? Like it's it's uniform, I'll yeah, it's not part of your uniform allowance though. So it was just like this weird spending habits. Are you seeing things like that too, where it's just these like one off yes team appreciation, but we're when we're not budgeting for it, that's where we get confused on the P and L.   DAT- Kristy (17:55) Yeah. I th I think it's funny in listening to you talk. It's so funny how it mirrors our personal life. And again, you think about going to the grocery store. If I don't have a budget, all of a sudden, I mean, think of Costco. We walk out and it's like, man, that hurt. But if we have our   Tiffanie (18:11) Yes today.   DAT- Kristy (18:12) list and our budget that we're sticking in, we leave and and we know about what it's gonna be. So to your point, we love team fun, right? We love celebrating and doing that stuff, but   Yeah, have your budget and and even more so than that, like have your budget and let your team plan it. You know, let them   Tiffanie (18:31) Yeah.   DAT- Kristy (18:31) have fun with it. But but definitely know where you're spending and know what the budget is for it.   Tiffanie (18:40) Yeah. Yeah. I love that. I actually have an office that just started a new kind of like a a kudos board, if you will, right? It's a big board and they write these kudos up there. They put the the post it sticky notes up there with so and so's name. And what they do now, instead of it being like this person got five, she gets a gift card or whatever, or we pulled her name, she gets a gift card, or he gets this. What the office manager decided to do was count up   all of the praise that's on the board at the end of the month and the number of sticky notes that she has for each one it's a dollar and then one but she has a rotating schedule so then someone is responsible for taking that pool of money and going and getting something fun for the team. And so   DAT- Kristy (19:28) Yeah.   Tiffanie (19:29) it could be a hundred dollars because they put a hundred sticky notes up there. She has she has no idea she just put the sticky notes up there and then they get that budget amount and they go   get lip glosses for the team or lunch or something with that money. And I just I thought that was really cool. But what she did was she budgeted that, right? She's like, okay, well we know what our profit is. And if I have a team allowance of X amount of dollars every month, it might roll over some months, may need more, et cetera. But she's created that budget around it as well.   DAT- Kristy (20:01) Yeah, I love that. It it's it serves so many purposes, right? Keeping the culture alive, celebrating. They could even make it around core values, but also having that budget and it gives teams something to look forward to celebrating too. So   Tiffanie (20:17) Yeah,   I agree. And give them a reason to put sticky notes up there. I'm like, heck, I'd   DAT- Kristy (20:20) Yeah.   Tiffanie (20:20) be up there all day putting sticky notes up there. You'd have to create a whole new budget.   But go ahead.   DAT- Kristy (20:25) Yeah. Tiff, you mentioned   something else. You know, a lot of us have subscriptions or apps that we're using. I think   Tiffanie (20:32) Yeah.   DAT- Kristy (20:32) those at least quarterly, it's worth taking a look at and just seeing, are we using this anymore or not? I mean, yeah, dues and subscriptions is a big area for looking for some leaks there.   Tiffanie (20:48) I totally agree. I totally agree. I know I I tell myself if it's an app or if it's a subscription that you don't want to look at, you probably need to look at it. So my Starbucks app that's very easy to be like, add 25 real quick, or I I usually add 15 or 20, but the other day it was like the 25 said get an extra star, right? And I was like, cool. What's I'm gonna add it anyways, start adding 25, start adding 30. And when you look back to see how many times you just   added whatever to that app to be able to buy from that store. And when I look and I'm like, would I have bought $125 worth of Starbucks if I were using cash? Probably not. Probably not. But it's so simple to add it to the app and spend. And that's their business, that's the whole business model. And it works and it's phenomenal. But when we're looking at monthly financial controls, I think that's a huge space, Kristy.   that we forget about, like how much are we paying for these subscriptions? And realistically, Prime, if you're not using the TV, you know, the movies, the TV shows, the whatever music, all of these other pieces, the Audible that comes with it. Like if you're not using those pieces, we're only using it for shipping, to your point earlier.   I don't know if you guys have checked this or not. I love Amazon. I'm not here to say don't use them or don't subscribe. I'm not here to say that. So Amazon don't come after us, but the shipping's like two or three days more than what it was going to be. And it really just makes you stop and think. So for your practices where you're off your your team members are just like click, click, click, it's really easy way. Those are really easy ways to your point, Kristy, to take a look at what are we actually spending.   And like you said, those are our monthly financial controls, controlling when we're ordering, how we're ordering, and how much our budget is in any perspective of the practice applies or not, really are those financial controls.   DAT- Kristy (22:52) Yeah, I agree with you so much, Tiff. So take a look inside. It's not just the health of the practice inside. It's also looking at the health of the practice from the outward perspective too. And planning, right? Plan for   Tiffanie (23:04) Yes.   DAT- Kristy (23:04) it.   Tiffanie (23:05) Yes. The planning is huge. If you're not planning, you're not budgeting, please by all means do it. And if you're here saying, I feel like it's sometimes like the blocked scheduling conversation, Kristy, where they're like, Well, I can't budget because I'm overspending and I know that. Like, no, still budget and look at how much you're overspending. You should still be saying five percent of last month's collections would be this amount to order supplies. And if you're ordering   Eight, nine, or ten percent of supplies because you're building, cool. Still be in the habit of budgeting, just like block scheduling. Well, Kristy, I can't do block scheduling because I just need patience on the schedule, and we've just started. Okay, but what if what if you put it on there and you got used to it while you're building? Same thing with the budget. Like just because you're spending more than what you should be.   Because maybe you need to right now doesn't mean you can't build the habit of at least looking at it and knowing what it should be.   DAT- Kristy (24:09) I agree with you a thousand percent because even if we say five percent, if you're at eight right now and you come in at six or seven, it's still over five, but we're gonna it adds up, right? And you're gonna be pleasantly   Tiffanie (24:20) A massive savings.   DAT- Kristy (24:21) surprised at the end. So yeah.   Tiffanie (24:24) Agreed.   Yeah, agreed. I love it. All right, action items. I love your perspective, Kristy, what you said looking at the PL's monthly and looking for the lag measures, which is everything a PL is, and the lead measures that are within that because they're there no matter what, your lead measures are in there as well. So take a look where are you budgeting, where are you not budgeting, and where are you off budget when you are budgeting? I think those are the three key pieces and look at the PL monthly.   Kristy, I knew this would be a really good one for us to ping and pong off of. Thank you so much for your words of wisdom and for being willing to jump in with me in the middle of your coaching call day.   DAT- Kristy (25:04) Absolutely, it's a pleasure.   Tiffanie (25:06) Awesome. All right, guys, go take a look at your PNLs. If you need help deciphering any of it, if you need help like putting it together, I know a lot of practices come to us and say, hey, I can't read this because it's confusing and my CPA now does it differently than my CPA before. Well, guess what? You have all the tools at your disposal to ask your CPA for what you want. So reach out to Hello@TheDentalATeam.com and we are happy to help you get all of that in order, learn how to read the PNL, do all of the pieces and budget.   We are happy, happy, happy to help and leave us a five-star review. Let us know what you thought of this podcast and any tips or tricks you may have for others and any nuggets you took away from us. And just like always, we will catch you next time.  

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Bookkeeper, CPA, or Fractional CFO: Who You Actually Need at $3M+ Caleb and Carla discuss the complexities of scaling a service business beyond the $3 million revenue mark. They emphasize that transitioning from a hands-on owner to a leader requires robust financial infrastructure, delegation, and the implementation of accountability systems. Carla highlights critical financial practices, such as capacity planning, divisional reporting, and monitoring gross profit margins to identify hidden waste. A significant portion of the conversation focuses on the value of sharing financial data with team members to foster a sense of ownership and align employee incentives with company goals. Key Takeaways: Shift from pure hustle to systems and leadership to build the operational infrastructure required to scale beyond initial growth limits. Track monthly production capacity by calculating revenue per labor hour so you can spot and eliminate hidden waste early. Share project numbers with your team to foster crew buy-in, boost accountability, and align incentive structures with actual job margins. Replace bank balance accounting with dedicated ownership over cash management, accounts receivable, and accounts payable. Invest in personal self-development so that your leadership capacity grows in tandem with the demands of scaling the business. Connect with Auman Landscape

Send us Fan MailIn this episode of the Catalytic Leadership Podcast, Dr. William Attaway sits down with John Briggs, CPA, founder and CEO of Incite Tax & Accounting and author of Take Breaks, Work Better. John shares the 2 a.m. moment that forced him to confront hustle culture head-on, the research behind human focus cycles, and the framework he now calls the 3.3 rule: work up to three hours, then take a 30 percent recovery break. Since implementing it, his firm has grown 492 percent while holding a 42-hour work week during tax season, the industry's busiest and most burnout-prone stretch.John and William unpack why founders who centralize every decision cannot sell what they've built, how the 3.3 rule protects both output and family life, and what it actually takes to build a leadership team that runs without you.Connect with John Briggs: therealjohnbriggs.com linkedin.com/in/therealjohnbriggs Book & free tools: takebreaksworkbetter.comChapters 00:00 Welcome John Briggs 00:47 From accountant to firm leader: John's journey 02:51 Why hoarding decisions kills your business 06:09 The hustle culture wake up call behind the book 08:31 The 2am moment that changed everything 11:31 The science behind a 492% growth story 14:41 The hidden cost of the 8 hour workday 16:41 Your brain's natural focus and distraction cycle 17:56 Inside the 3.3 rule 20:38 What changed personally: presence, health, freedom 24:49 Redefining success beyond hustle culture 26:00 Where to find John and his bookI want to invite you to check out the Committed Mastermind, a community I help lead along with world-class leaders like JC and Karen Hite, Vinnie Fisher, and Jonathan Mast, plus incredible mentors like Dr. Gary Chapman, author of The 5 Love Languages, and many others.This is for entrepreneurs who want to build a thriving business without sacrificing their faith, their family, or their health.Check out the Committed Mastermind at https://committedmastermind.com/---- Check out Dr. William Attaway's new show, The Appreciation at Work Podcast!  Join Dr. William Attaway on the Catalytic Leadership podcast as he shares transformative insights to help high-performance entrepreneurs and agency owners achieve Clear-Minded Focus, Calm Control, and Confidence.Free 30-Minute Discovery Call:Ready to elevate your business? Book a free 30-minute discovery call with Dr. William Attaway and start your journey to success.Connect with Dr. William Attaway:WebsiteLinkedInFacebookInstagramTikTokYouTube

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The Institute of Internal Auditors Presents: All Things Internal Audit In this episode, Alex Rusate talks with Ivan Diaz and Mohamed Maiga, two Utah Valley University students whose curiosity led them to build practical AI tools. They explain how AI agents go beyond chatbots to automate repetitive audit work, why understanding the intended output is essential for validating AI-generated results, and how organizations can begin adopting AI without sacrificing security or human judgment. HOST: Alex Rusate, CIA, CISA, CPA, AAIA, CERP, CRMA, CCSA Senior Vice President and Director of Internal Audit, Arrow Financial GUESTS: Ivan Diaz Accounting Student, Utah Valley University Mohamed Maiga Cybersecurity Graduate, Utah Valley University KEY POINTS: Introduction: Students Teaching Auditors About AI Agents [00:00:00–00:00:35] Ivan's Introduction to the Internal Audit Conference [00:00:36–00:01:33] Finding an Audit Process to Automate [00:01:34–00:02:44] Building an AI Agent Without Technical Experience [00:02:45–00:04:13] Improving Results Through Iteration and Multiple AI Tools [00:04:14–00:05:47] The Difference Between Chatbots and AI Agents [00:05:48–00:07:05] Troubleshooting an Agent and Selecting the Right Model [00:07:06–00:08:20] Validating AI-Generated Audit Work [00:08:21–00:10:24] Designing Effective Instructions and Identifying Red Flags [00:10:25–00:11:43] Protecting Confidential Information When Using AI [00:11:44–00:13:12] Using Feedback to Strengthen an AI Agent [00:13:13–00:14:54] Mohamed's Introduction to AI Agents [00:14:55–00:16:38] Using an AI Agent to Navigate Purchasing Policies [00:16:39–00:18:26] Automating Repetitive Work While Preserving Human Judgment [00:18:27–00:19:16] Building an AI Agent for Cybersecurity Exam Preparation [00:19:17–00:20:43] Reducing Hallucination Risk Through Sources and Validation [00:20:44–00:22:26] Advice for Internal Audit Leaders Adopting AI [00:22:27–00:24:24] Starting Small and Applying AI with Purpose [00:24:25–00:25:17] Closing [00:25:18–00:25:29] IIA RELATED CONTENT:  Interested in this topic? Visit the links below for more resources: The NextGen Audit Mentor — Internal Auditor magazine (August Issue) IIA Membership Global Internal Audit Standards Artificial Intelligence Auditing Framework Knowledge Center: Artificial Intelligence   Visit The IIA's website or YouTube channel for related topics and more. Follow All Things Internal Audit: Apple Podcasts Spotify Libsyn Deezer

In this episode of the Jake & Gino Podcast, hosts Jake Stenziano and Gino Barbaro sit down with Kevin Bassett, CPA and founder of Bassett & Associates, PA. Kevin specializes in helping business owners and real estate investors with over $1 million in EBITDA or NOI maximize profitability while minimizing their tax burden.They dive into the difference between tax evasion and legal tax avoidance, exploring how high-net-worth investors can lower their effective tax rates over the lifetime of their investments.Key topics covered in this episode:State Tax Trends & Relocation: Why entrepreneurs are leaving high-tax states for low-tax jurisdictions like North Carolina, Tennessee, and Florida.Basic vs. Advanced Structures: Starting with single-member LLCs, partnerships, and S-Corporations before moving into advanced strategies.Cost Segregation & Bonus Depreciation: How to time deductions to shelter real estate cash flow.Offset Strategies Beyond Real Estate: Exploring Section 181 film credits and other vehicles to offset ordinary income when real estate deals are tight.Market Insights: Current trends in industrial real estate, warehousing, self-storage, and the challenges facing the multifamily sector.Whether you're just getting started or already in the "Two Comma Club," this discussion offers actionable insights to help you build and protect your wealth.

Steven Jarvis, CPA, welcomes Brian Smith of Foundational Income Associates back to discuss the difference between life expectancy and longevity and why that distinction matters in financial planning. They explore how advisors can use data and longevity calculators rather than arbitrary ages when building retirement plans. The discussion also highlights how longevity risk can compound other retirement risks, including market and healthcare risk. Brian shares a case study involving a 60-year-old teacher where incorporating guaranteed lifetime income helped improve the plan's probability of success. They also discuss how advisors can use professional resources and specialists to navigate the growing complexity of retirement planning. Ultimately, the conversation is about making intentional, data-informed decisions instead of allowing longevity assumptions to happen by default. https://zurl.co/U4lEy  

Jamie D. Bailey, MBA, CPA, CFE, Executive Vice President and Chief Financial Officer, UTMB Health, discusses UTMB's growth strategy, its expanding focus on AI and opportunities to improve efficiency across healthcare operations. He also shares his approach to empowering teams, developing people and helping leaders move from task execution to strategic leadership.

See what the team at The Successful Bookkeeper has on right now → If you have ever wondered what it actually looks like to build AI into your accounting practice — not in theory, but day-to-day — this episode is for you. Sam Leon, CPA and founder of TaxWeave, joined guest host Louie Prosperity to share exactly how he went from experimenting with ChatGPT to building his own secure AI platform for tax professionals. The conversation is practical, honest about the risks, and full of ideas you can act on right away. Chapters [00:00] Introduction and Sam's Background [02:45] Why Sam Chose Claude Over Others [06:30] Claude Code: Beyond Just Chatting [09:30] Workflow Automation for Bookkeepers [12:30] The Data Security Problem [16:30] Building TaxWeave as a Secure Platform [20:00] Top AI Tasks to Tackle First [24:00] Keeping Up as AI Models Evolve [26:30] How Sam Checks His AI Outputs [28:30] Where to Find Sam and TaxWeave Here's a special gift for YOU. Visit Plooto.com/TSB and try it for FREE for two months! That's a FREE 30-day trial, plus an extra free month for Successful Bookkeeper podcast listeners! Don't miss out, sign up TODAY! From Curiosity to Real Workflows Sam has been watching technology waves roll through the accounting profession for years — cryptocurrency, machine learning, practice management software. When AI chatbots arrived, he started testing them immediately, but it was a specific feature of Claude that changed how he worked: the ability to connect the tool directly to files on his computer. "That's how I got started with a lot of the more time-saving workflows that I was doing," he explains. The shift from chatting with AI to feeding it real documents opened the door to genuine time savings rather than novelty. The Tasks Best Suited for Automation Sam is direct about where AI earns its keep: document summarization, transaction categorization, and building QuickBooks rules. He recently spoke with a bookkeeper who used AI to generate an extensive list of transaction rules that could be imported straight into QuickBooks — a task that would have taken hours to build manually. His broader advice is to start with tasks that are data-heavy and repeatable, then layer AI on top of the tools you already use rather than replacing them outright. Handling Sensitive Data the Right Way This is where Sam slows down and gets careful, and so should you. For tax professionals in the US, IRS Code Section 7216 governs what client information can be shared with third-party systems — and most AI platforms have not yet been through the kind of SOC 2 certification process that established tax software has. Sam's personal rule: never upload anything containing Social Security numbers, EINs, or last names. For bookkeeping work, he sees a slightly lower barrier since transaction lists are often less personally identifying, but the principle holds. "Being more cautious than not — if you're unsure about it, probably take another step to make sure that information really doesn't have any personal identifying information on it." Upgrading to a Teams or Business plan on these platforms also adds a layer of data protection over personal accounts. Building TaxWeave: From Workaround to Platform The manual redaction problem — using Adobe to black out client details before running documents through AI — was slow and error-prone. That frustration pushed Sam to start building TaxWeave, a platform designed to handle the redaction automatically inside a secure environment, then run AI workflows on the cleaned documents. He built the initial prototype using Claude Code, which lets you describe what you want in plain language and generates the underlying code. "The barrier where you had to understand how to do that — it's removing that," he says. TaxWeave currently focuses on tax practice project management and client organization, with AI workflow integration being the layer built on top. Keeping Up as the Models Keep Changing AI models update constantly, and Sam's advice is to treat your workflows the same way you treat your engagement letters — review them periodically and adjust. He recommends using the Projects feature in Claude to maintain context across sessions, and revisiting your saved instructions whenever a new model version drops. You can even ask the AI itself what needs updating. For quality control, Sam still does his own research to verify AI-generated answers and checks outputs manually, paying attention over time to where the tool is weakest. "You can start to see what it's weaker on — what kind of things does it always miss — and what you can start trusting it with." Links Mentioned TaxWeave: taxweave.ai Sam Leon on LinkedIn: search Samuel Leon CPA Claude (Anthropic): claude.ai PureBookkeeping: purebookkeeping.com Pluto (sponsor): pluto.com/tsb About the Guest Sam Leon is a CPA with 14 years of experience in tax accounting, specializing in corporate tax, startup tax issues, R&D credits, and individual returns. After building his solo firm, The Millennial CPA, he was recognized in the 2026 Accounting Today Best Firms for Technology Awards. He is currently developing TaxWeave, an AI-powered platform built specifically for tax practices, and is active in conversations across the profession about safe, practical uses of AI in accounting.

What if buying more real estate could actually help you keep more of the money you're already making?In this throwback episode of Uncommon Real Estate, Chris breaks down one of his favorite wealth-building strategies: using real estate ownership, depreciation, and cost segregation to potentially reduce your taxable income while acquiring assets that can produce cash flow, principal paydown, and appreciation.Chris shares how discovering the principles in Tax-Free Wealth changed the way he thought about taxes—and why he believes real estate professionals should have a CPA who proactively understands strategies like cost segregation instead of simply telling them what they owe each year.He also walks through his own experience of acquiring additional properties and saving nearly $90,000 in taxes, turning money that otherwise would have gone toward taxes into real estate that could continue building his net worth.In this episode, you'll learn:Why Chris says, “If your CPA has not talked to you about cost segregation, you are with the wrong CPA.”How cost segregation can accelerate depreciation on investment propertiesWhy qualifying as a real estate professional can have major tax implicationsHow Chris used additional real estate purchases to save nearly $90,000 in taxesHit Chris up: Facebook - https://www.facebook.com/ChrisCraddockBusiness/Instagram - https://www.instagram.com/craddrock/RESOURCES: 

In this episode Brian and Jeff discuss why more people are re-thinking where they'll retire, and the CPA and advisor disconnect. 

Jake Alexander didn't set out to be an accountant. He did a few tax returns for friends by accident, forgot about it, and came back the next year to a waiting room. Ten years and three acquisitions later, he's the CEO of Action Accounting in Tampa Bay, and he's got the scars to prove growth on paper isn't the same as growth your systems can actually hold. In this episode we get into: - The accidental origin story: how a handful of favor tax returns turned into a business he never planned to start - Three acquisitions in three years that almost put him out of business, and what actually broke first - Why he ran Action Accounting without a CRM for the first seven or eight years, and what he calls "insane to think about" now - The industry's shift from compliance to advisory, and what to ask your own CPA to find out which one you're actually getting - Why AI is changing bookkeeping behind the scenes, but won't replace the relationship clients actually pay for - The hibachi dinner story: the moment that hit him harder than any client tax-savings win If you're a service business owner thinking about an acquisition, running without a CRM, or wondering whether your accountant is actually advising you or just filing paperwork, this episode is for you. Subscribe for more real conversations with people who've built, bought, or scaled a real company, and share this with someone about to make a decision they haven't fully planned for. Connect with Jake Alexander / Action Accounting: Website: actionaccountingusa.com Instagram: instagram.com/jakea360 Facebook: facebook.com/actionaccountingusa YouTube: youtube.com/@actionaccountingusa LinkedIn: linkedin.com/in/jake-alexander-83632918 Recorded at Elite Podcast Studio, Tampa Bay's premier podcast facility. Premium. Polished. Powerful. Website: elitepodcaststudio.com Email: hello@elitepodcaststudio.com Instagram: instagram.com/elitepodcaststudio YouTube: youtube.com/@ElitePodcastStudio Facebook: facebook.com/elitepodcaststudio LinkedIn: linkedin.com/company/elite-podcast-studio Everything about business. Nothing held back. All Business with Vince Perri is built for business owners who want straight talk about starting, scaling, and building something worth owning. New episodes every week. Subscribe and hit the bell so you never miss an episode.

Can you run a half-million-dollar accounting practice completely solo without burning out? Most accounting firm owners and CPAs starting firms assume that scaling past $200k or $300k requires hiring a team of employees. But adding headcount often leads to higher overhead, management headaches, and less personal freedom. In this episode of Growing Your Firm, host David Cristello sits down with Angel Zhen, CPA—founder of Angel Zhen CPA and winner of the 2025 Digital CPA Innovative Practitioner Award. Angel shares how he built a single-person practice generating over $500,000 annually while taking 12 weeks of vacation every single year! Whether you're a bookkeeping firm owner, an operations manager, or a firm manager responsible for workflow, this episode offers a masterclass in pricing, positioning, tech selection, and firm design. In this episode, we explore: The Solo Firm Operating Model: How Angel scales past $500k without employees or managing a full-time staff. 12 Weeks of Sabbatical: How Angel designs his firm schedule around long-term travel (including 6-week trips to Asia) without dropping the ball for clients. The "Trusted Advisor" Positioning: Why building a strong online brand and website presence allows you to charge premium prices instead of competing on cost. Value-Based Tax Pricing: Shifting away from hourly billing and "tax prep" to position yourself as an essential tax planner and advisor. The Power of "Doing Less": Why focusing on client outcomes rather than information overload builds stronger client trust. Angel's Practical AI & Tech Stack: How he leverages TaxDome alongside LLMs like ChatGPT, Perplexity, Claude, and Blue J for research and workflow efficiency. Key Metrics & Firm Benchmarks: Firm Structure: 1-person firm with a lean, flexible contractor model. Revenue Benchmark: $500,000+ gross revenue. Client Count: ~300 nationwide clients managed through hyper-efficient software systems. Time Off: 12 weeks of vacation per year. Featured Guest: Angel Zhen  

Your Buy-Sell Agreement Is Probably Already Underfunded Ask a room of business owners whether they have a buy-sell agreement and plenty of hands go up. Ask whether the life insurance behind it still matches what the company is worth today, and the room goes quiet. That quiet is the whole episode. Brandon and Brantley dig into what they say is the most common buy-sell they actually run across in the field — not the one nobody bothered to set up, but the one that was set up correctly, funded correctly, filed away, and never looked at again. It was right the day it was signed. That was also the last day the numbers matched. Here's the reframe that drives the hour, and it's worth sitting with before the examples start. A buy-sell isn't a transaction you complete once. It's a relationship between two numbers that both move over time — the value of the business, and the size of the death benefit that's supposed to fund the buyout. On signing day those two numbers are equal by design. Then the business grows the way everyone hoped it would, the death benefit stays frozen where it was written, and no one was ever actually put in charge of keeping the two in line. The gap opens quietly, in the one direction that hurts, and it only becomes visible at a death — which is exactly when there's no time left to do anything about it. What we get into: Why the owner most at risk is the one who feels covered. The person with no buy-sell knows they're exposed. The person who did it all right five or ten years ago is walking around with a false sense of security bolted on top of a plan that quietly stopped keeping up. A plan nobody revisits is, functionally, no plan. The three forces that open the gap — all pulling the same way. The business grows. The death benefit is fixed, because most buy-sell coverage gets written as level term that has no idea the company doubled. And nobody owns the reconciliation: the attorney drafted it and moved on, the agent placed the policy and moved on, the CPA reports on the business but was never hired to check the buy-sell math. Three ordinary forces, one blind spot. Alex and Morgan — a $4M business that quietly becomes an $8M problem. We walk it slowly. Two 50/50 owners, a $4M company, a $2M policy on each — funded 100%, clean as can be. The business grows to $8M, nobody touches the coverage, and one owner dies. The policy pays its $2M exactly as promised — against an obligation that's now $4M. The survivor is $2M short, owes it to a grieving spouse, and the "funded" plan has silently become the half-funded one, usually settled as a decade-long note nobody planned for. Why the obligation is real even when the money isn't. A signed buy-sell creates an enforceable obligation to buy. "We never got around to setting the cash aside" isn't an escape hatch; it's a problem with a signature on it. Or, as Brantley puts it: if you think the life insurance is expensive, wait until one of you dies. "We'll just buy more term, then." The obvious objection, answered straight — and no, this isn't an anti-term episode. Term is a fine tool, and buying a little more than today's value to leave room for growth is smart. What doesn't work is a single flat number bought once and frozen: for a growing business you're underfunded again in a few years, re-buying at older ages and whatever health you've got by then. The fix is a scheduled review and coverage matched to a value that moves, not a cheaper number set in stone. The messy real-world stuff nobody warns you about. The uninsurable partner. The wildly uneven premiums — the 58-year-old next to the 39-year-old, the partner whose deep-scuba habit earned a five-figure flat extra and nearly blew up the funding. Why getting the insurance costs on the table before the agreement is finalized makes the whole negotiation saner. The sixty-minute self-audit you can run tonight. Find the agreement and read the valuation clause. Find what the business is worth right now. Find the death benefit on each policy. Compare them. And the one that matters most — decide who owns the reconciliation going forward. If the answer is "no one," that's the actual problem, and it's fixable in a single meeting. The honest framing we keep on-air: this isn't a pitch for any one product, and it isn't a claim that permanent insurance beats term. Term can absolutely be part of a maintained plan — a set-and-forget number of any kind is the real failure. Where life insurance earns its place here is narrow and specific: for the death-trigger buyout, the cash is certain and it arrives timed to the event, no matter what the operating account looks like the month an owner dies. Nothing else on the funding menu does that. Securities and other assets have their place in the broader plan; they just can't guarantee a set sum on an unpredictable date. That's the job this tool was built for — and it only holds up if the face amount still equals the obligation. Read the full write-up: Your Buy-Sell Agreement Is Probably Already Underfunded — the Alex-and-Morgan numbers, the widening-gap chart, and the sixty-minute self-audit, all in one place. Sitting on a buy-sell agreement and a life insurance policy you set up years ago — and not sure they still line up with what the business is actually worth today? Don't let ChatGPT be the last word on it; it'll hand you a confident answer that's often just the "whole life is a rip-off" line scraped off the internet, and confidently wrong is still wrong. Send us the illustration, or just a few lines about your situation and what AI or your advisor already told you, and we'll give you a straight, honest read — what's right, what's wrong, and whether it actually fits. No pitch, no sales call. Send us a message, or if you'd rather talk it through, book a call with us.

Markets are facing another wave of uncertainty as inflation remains elevated, Treasury yields move higher, and investors try to figure out what the Federal Reserve may do next.In this episode of 15 Minutes of Finance, James and Brandon break down the latest market action, what higher interest rates could mean for stocks and the economy, and why the 10-year Treasury yield moving back toward 5% has investors paying attention.They also discuss absolute return, why some pension funds and endowments may be overly diversified, and how excessive consumer borrowing could eventually create problems for households, banks, and the broader economy.The conversation also touches on artificial intelligence, corporate profit margins, and whether the benefits of AI can spread beyond major technology companies.Finally, James discusses when it may make sense to take profits, build cash, and stay disciplined during periods of market volatility without trying to perfectly time the market. Invest Early. Invest Often.Hosted by James Walters, CIMA®, CRPC®, and Brandon West, CPA, CFP® co-owners of West & Walters Tax and Wealth Management, a Registered Investment Advisor (RIA) and tax firm based in Carlsbad, California. Our goal is to share market insights, investing tips, tax strategies, and straightforward financial education to help viewers make smarter financial decisions. All Information is educational in its intent and distribution! Please do not consider this personal financial advice. We believe all clients have unique situations and thus require unique advice.

What can Costco hot dogs and Hermès handbags teach interior designers about running a high-end design business? Quite a lot, apparently. Rebecca and Shaun dig into the wildly different business models behind Costco and Hermès and uncover surprising lessons about luxury, value, trust, vendor relationships, pricing, craftsmanship, and creating a brand clients believe in.They also catch up on some big personal and business changes, including Shaun's decision to leave his studio and reduce overhead, Rebecca's adventures in home renovation and color drenching, and the importance of making strategic business decisions with trusted advisors. From cost-plus pricing and designer discounts to vintage sourcing and what actually defines a luxury client, this episode explores how interior designers can create more profitable businesses while delivering an experience that feels truly high-end.In this episode they discuss:Why Shaun decided to give up his office space, reduce overhead, and make aggressive financial moves for the next chapter of his interior design businessHow working with a CPA and financial advisor can help designers make smarter decisions about expenses, profitability, retirement, and long-term business goalsRebecca's spontaneous color-drenched hallway and the design concept of “compression and release” inspired by Frank Lloyd WrightWhat the Acquired podcast's deep dive into Costco reveals about limited product selection, strong supplier relationships, customer trust, and delivering exceptional valueHow designers can build deeper vendor relationships and use purchasing power to create better pricing without making a luxury design service feel “cheap”Whether a cost-plus pricing model can work for high-end interior design, especially when sourcing custom furniture, vintage pieces, and products from preferred vendorsWhat Hermès teaches us about craftsmanship, consistency, exclusivity, brand identity, and creating luxury products that clients desire beyond pure functionalityThe difference between offering a luxury design service and working with a truly luxury client who values trust, access, one-of-a-kind pieces, expertise, and the finished result over price shoppingOur links:Subscribe and leave a review - Apple PodcastsLike, Comment, & Follow - Hot Young Designers Club InstagramRebecca's InstagramShaun's InstagramFor more information - Check out the websiteBecome a “Loyal Hottie” - Support us on PatreonDesign Resources - Check out our shop

What if the reason you pay more in taxes than necessary is not that you earn too much, but that you begin planning too late? When business owners see wealthy investors paying lower effective tax rates, it is easy to assume they have access to loopholes or special rules. But the more important difference often lies in how deliberately they structure their income, investments, entities, transactions, and charitable giving throughout the year. They are not waiting until tax season to discover what they owe. They are making decisions before the outcome becomes fixed. In this episode, I sit down with CPA, master tax architect, wealth strategist, and insurance planner and investor, Michael Uadiale, to explain why the tax code should be understood as a roadmap, how ongoing planning can materially change a high earner's tax position, what separates a genuine advisor from a tax preparer, and why the largest deduction is not always the best wealth decision.   What You'll Discover In This Episode Why wealthy business owners are not necessarily "cheating" the tax system How the tax code rewards specific forms of business and investment activity Why changing your tax outcome requires changing your financial facts The difference between tax preparation and year-round tax planning Why a capable tax advisor should be asking you far more questions How quarterly scenario planning can prevent a year-end liquidity crisis Why a large deduction does not automatically make an investment suitable How oil and gas investments can generate tax benefits while still carrying real risk When private foundations and charitable remainder trusts may become useful Why documentation, coordination, and proper structure matter as much as the strategy itself   About the Guest Michael Uadiale is a CPA, master tax architect, wealth strategist, and insurance planner and investor. He is the founder of a national accounting and advisory practice serving high-performing entrepreneurs, real estate investors, healthcare professionals, and high-income earners. With nearly two decades of experience, Michael helps clients move beyond annual tax preparation and develop proactive strategies around income, investments, entity structure, charitable giving, estate planning, and long-term wealth creation. His approach is built around frequent planning conversations, industry-specific expertise, and ensuring that every strategy is legal, properly documented, and aligned with the client's financial goals. To book a discovery call, send an email to taxes@smeedcpa.com. You can also connect with Michael on LinkedIn.    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.   Resources Private Money Guide:  https://go.moneyschoolrei.com/book-podcast Wealth Wednesday Webinar: https://go.moneyschoolrei.com/wednesday-webinar-podcast Mapping out the Millionaire Mystery:  https://go.moneyschoolrei.com/newbook-podcast    

Make Dollars Make SenseCredit scores can feel confusing, intimidating, and way more mysterious than they need to be.

In this episode of Money Meets Medicine, hosts Dr. Jimmy Turner and Justin Harvey tackle three listener questions on personal finance for physicians. They discuss whether HSA-eligible plans make sense during high healthcare-usage periods like pregnancy, charitable giving strategies including donor advised funds and tax-efficient gifting of appreciated securities, and when physicians with significant net worth should consider stopping life and disability insurance premiums. The hosts emphasize personalized decision-making based on individual circumstances, consistently recommending listeners consult qualified financial professionals before making major financial decisions.Resources:Are you a 1099, locums doc, or private practice partner or business owner? You need a tax strategy team. Get 10% off working with the team I use here (Gelt): https://moneymeetsmedicine.com/CPA Every doctor needs own-occupation disability insurance. Get it from a source you can trust: https://moneymeetsmedicine.com/disability Want to get started on your financial literacy journey? Download a free copy of The Physician Philosopher's Guide to Personal Finance. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Listen and subscribe to Money Making Conversations on iHeartRadio, Apple Podcasts, Spotify, www.moneymakingconversations.com/subscribe/ or wherever you listen to podcasts. New Money Making Conversations episodes drop daily. I want to alert you, so you don’t miss out on expert analysis and insider perspectives from my guests who provide tips that can help you uplift the community, improve your financial planning, motivation, or advice on how to be a successful entrepreneur. Keep winning! Two-time Emmy and Three-time NAACP Image Award-winning television Executive Producer Rushion McDonald interviewed Jasmine Young. Founder and President of the Financial Literacy Institute, joins Rushion McDonald to discuss her journey from a small rural town in Alabama to becoming a financial literacy advocate, entrepreneur, and community leader. The conversation focuses on education, financial empowerment, HBCUs, generational wealth, entrepreneurship, and the role economic power plays in creating social change. Purpose of the Interview The interview was designed to: Share Jasmine Young's personal story and professional journey. Highlight the importance of financial literacy and financial education. Promote entrepreneurship and wealth-building within underserved communities. Discuss the value and impact of Historically Black Colleges and Universities (HBCUs). Raise awareness about the Black Wall Street Black Business Expo and its mission. Encourage individuals and families to build financial independence and generational wealth. Key Takeaways 1. Education Was Her Path to Opportunity Young grew up in rural Alabama and saw education as her pathway to a different future. She earned a full scholarship to Alabama A&M University and knew as early as high school that she wanted to become a CPA. Quote: "I knew that I was getting out, and I was going to use financial literacy as a way to do it." Her story demonstrates how education can create opportunities regardless of where someone begins. 2. HBCUs Build Confidence and Leadership Young credits Alabama A&M University with shaping her personally and professionally. She explains that being surrounded by Black excellence helped develop her confidence and prepared her for challenges she would face in the broader workforce. Quote: "Going to an HBCU was the best thing I ever did." She argues that HBCUs provide not only academic preparation but also practical life and leadership skills. 3. Financial Literacy Starts at Home One of the most compelling parts of the interview is Young's description of how her parents taught financial responsibility. Although her family lived in a rural area and did not appear wealthy by traditional standards, they taught budgeting, discipline, accountability, and long-term thinking. Examples included: Managing a weekly allowance. Paying for personal expenses. Learning to budget before adulthood. Understanding the value of money early. She believes these lessons created the foundation for her success. 4. Wealth Is More Than Appearances As a child, Young was embarrassed by her rural upbringing. Later, she realized her family possessed something far more valuable than appearances: land ownership, self-sufficiency, and financial wisdom. Her family owned more than 78 acres of land and lived off resources available on their property. She learned that true wealth is often found in assets, knowledge, and long-term planning rather than outward displays of success. 5. Financial Literacy Is Her Purpose Young explains that her passion for numbers eventually became her life mission. Through the Financial Literacy Institute, she works to increase financial knowledge and help families improve their economic outcomes. Quote: "My passion for financial literacy was actually my purpose." Her goal is to spread financial literacy one family at a time. 6. Economic Power Creates Social Change A major theme of the interview is that financial empowerment and social justice are closely connected. Young argues that communities gain influence when they build wealth, support businesses strategically, and leverage their spending power. She believes economic participation is one of the most effective ways to create meaningful change. Quote: "The way for us to move the needle economically is we have to be civically engaged." 7. The Legacy of Black Wall Street Matters Today Young created the Black Wall Street Black Business Expo to honor the entrepreneurs and wealth-builders of Tulsa's Greenwood District while encouraging modern business owners to continue that legacy. She views the event as both a celebration of Black excellence and a call to action. Key goals include: Supporting Black-owned businesses. Building generational wealth. Strengthening communities through entrepreneurship. Encouraging civic and economic engagement. 8. Your Environment Does Not Define Your Potential Throughout the interview, Young challenges stereotypes about people from rural communities. She demonstrates that success is not determined by geography, background, or circumstances but by education, discipline, opportunity, and persistence. Her story serves as an example that individuals can achieve significant success regardless of where they start. Notable Quotes On education and opportunity "I knew that I was getting out, and I was going to use financial literacy as a way to do it." On HBCUs "Going to an HBCU was the best thing I ever did." On financial literacy "My passion for financial literacy was actually my purpose." On her upbringing "My parents gave my brother and me a basic foundation of how to be a responsible financial adult." On economic empowerment "The way for us to move the needle economically is we have to be civically engaged." On wealth-building "We've done it before, and Black Wall Street is an example of it." On leveraging economic power "The answer to all our social injustice issues is recirculating the Black dollar in our community." Overall Assessment The interview is a powerful discussion about financial literacy, education, entrepreneurship, generational wealth, and community advancement. Jasmine Young presents a compelling example of how discipline, education, and financial knowledge can transform lives. Her message is that true empowerment begins with understanding money, building assets, supporting community businesses, and using economic influence to create lasting social and financial change. The central theme is that financial literacy is not just about money. It is a tool for freedom, opportunity, and generational impact. #SHMS #BEST #STRAW Money Making Conversations Master Class with Rushion McDonald is America's premier entrepreneurship, business leadership, financial literacy, and wealth-building podcast featuring successful entrepreneurs, executives, founders, celebrities, and industry experts sharing actionable insights for professional and financial success. Business Podcast Entrepreneurship Small Business Business Growth Financial Literacy Wealth Building Black Entrepreneurs Minority Business Leadership Executive Leadership Business Funding Marketing Strategies Personal Development Startup Advice Sales Training CEO Interviews Founder Stories Professional Development Economic Empowerment Business Success Networking Brand Building Innovation How to start a business Small business funding Entrepreneur success stories Business leadership podcast Wealth building strategies Black entrepreneur podcast Minority business development Marketing for small businesses Business growth strategies Startup funding opportunities Executive leadership training Financial literacy education Success mindset podcast Support the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.

Listen and subscribe to Money Making Conversations on iHeartRadio, Apple Podcasts, Spotify, www.moneymakingconversations.com/subscribe/ or wherever you listen to podcasts. New Money Making Conversations episodes drop daily. I want to alert you, so you don’t miss out on expert analysis and insider perspectives from my guests who provide tips that can help you uplift the community, improve your financial planning, motivation, or advice on how to be a successful entrepreneur. Keep winning! Two-time Emmy and Three-time NAACP Image Award-winning television Executive Producer Rushion McDonald interviewed Jasmine Young. Founder and President of the Financial Literacy Institute, joins Rushion McDonald to discuss her journey from a small rural town in Alabama to becoming a financial literacy advocate, entrepreneur, and community leader. The conversation focuses on education, financial empowerment, HBCUs, generational wealth, entrepreneurship, and the role economic power plays in creating social change. Purpose of the Interview The interview was designed to: Share Jasmine Young's personal story and professional journey. Highlight the importance of financial literacy and financial education. Promote entrepreneurship and wealth-building within underserved communities. Discuss the value and impact of Historically Black Colleges and Universities (HBCUs). Raise awareness about the Black Wall Street Black Business Expo and its mission. Encourage individuals and families to build financial independence and generational wealth. Key Takeaways 1. Education Was Her Path to Opportunity Young grew up in rural Alabama and saw education as her pathway to a different future. She earned a full scholarship to Alabama A&M University and knew as early as high school that she wanted to become a CPA. Quote: "I knew that I was getting out, and I was going to use financial literacy as a way to do it." Her story demonstrates how education can create opportunities regardless of where someone begins. 2. HBCUs Build Confidence and Leadership Young credits Alabama A&M University with shaping her personally and professionally. She explains that being surrounded by Black excellence helped develop her confidence and prepared her for challenges she would face in the broader workforce. Quote: "Going to an HBCU was the best thing I ever did." She argues that HBCUs provide not only academic preparation but also practical life and leadership skills. 3. Financial Literacy Starts at Home One of the most compelling parts of the interview is Young's description of how her parents taught financial responsibility. Although her family lived in a rural area and did not appear wealthy by traditional standards, they taught budgeting, discipline, accountability, and long-term thinking. Examples included: Managing a weekly allowance. Paying for personal expenses. Learning to budget before adulthood. Understanding the value of money early. She believes these lessons created the foundation for her success. 4. Wealth Is More Than Appearances As a child, Young was embarrassed by her rural upbringing. Later, she realized her family possessed something far more valuable than appearances: land ownership, self-sufficiency, and financial wisdom. Her family owned more than 78 acres of land and lived off resources available on their property. She learned that true wealth is often found in assets, knowledge, and long-term planning rather than outward displays of success. 5. Financial Literacy Is Her Purpose Young explains that her passion for numbers eventually became her life mission. Through the Financial Literacy Institute, she works to increase financial knowledge and help families improve their economic outcomes. Quote: "My passion for financial literacy was actually my purpose." Her goal is to spread financial literacy one family at a time. 6. Economic Power Creates Social Change A major theme of the interview is that financial empowerment and social justice are closely connected. Young argues that communities gain influence when they build wealth, support businesses strategically, and leverage their spending power. She believes economic participation is one of the most effective ways to create meaningful change. Quote: "The way for us to move the needle economically is we have to be civically engaged." 7. The Legacy of Black Wall Street Matters Today Young created the Black Wall Street Black Business Expo to honor the entrepreneurs and wealth-builders of Tulsa's Greenwood District while encouraging modern business owners to continue that legacy. She views the event as both a celebration of Black excellence and a call to action. Key goals include: Supporting Black-owned businesses. Building generational wealth. Strengthening communities through entrepreneurship. Encouraging civic and economic engagement. 8. Your Environment Does Not Define Your Potential Throughout the interview, Young challenges stereotypes about people from rural communities. She demonstrates that success is not determined by geography, background, or circumstances but by education, discipline, opportunity, and persistence. Her story serves as an example that individuals can achieve significant success regardless of where they start. Notable Quotes On education and opportunity "I knew that I was getting out, and I was going to use financial literacy as a way to do it." On HBCUs "Going to an HBCU was the best thing I ever did." On financial literacy "My passion for financial literacy was actually my purpose." On her upbringing "My parents gave my brother and me a basic foundation of how to be a responsible financial adult." On economic empowerment "The way for us to move the needle economically is we have to be civically engaged." On wealth-building "We've done it before, and Black Wall Street is an example of it." On leveraging economic power "The answer to all our social injustice issues is recirculating the Black dollar in our community." Overall Assessment The interview is a powerful discussion about financial literacy, education, entrepreneurship, generational wealth, and community advancement. Jasmine Young presents a compelling example of how discipline, education, and financial knowledge can transform lives. Her message is that true empowerment begins with understanding money, building assets, supporting community businesses, and using economic influence to create lasting social and financial change. The central theme is that financial literacy is not just about money. It is a tool for freedom, opportunity, and generational impact. #SHMS #BEST #STRAW Money Making Conversations Master Class with Rushion McDonald is America's premier entrepreneurship, business leadership, financial literacy, and wealth-building podcast featuring successful entrepreneurs, executives, founders, celebrities, and industry experts sharing actionable insights for professional and financial success. Business Podcast Entrepreneurship Small Business Business Growth Financial Literacy Wealth Building Black Entrepreneurs Minority Business Leadership Executive Leadership Business Funding Marketing Strategies Personal Development Startup Advice Sales Training CEO Interviews Founder Stories Professional Development Economic Empowerment Business Success Networking Brand Building Innovation How to start a business Small business funding Entrepreneur success stories Business leadership podcast Wealth building strategies Black entrepreneur podcast Minority business development Marketing for small businesses Business growth strategies Startup funding opportunities Executive leadership training Financial literacy education Success mindset podcast See omnystudio.com/listener for privacy information.

Schedule a Free Financial Assessment with an experienced professional:https://bit.ly/YMYWassessCToday on Your Money, Your Wealth® podcast 598, Joe Anderson, CFP® and Big Al Clopine, CPA spitball early retirement planning for Shua in Phoenix, who has a million dollars saved at age 42. Can he stop saving right now, coast until age 55, and still spend $170,000 a year in retirement? But first, Michael in Texas is a stay-at-home dad who does the stock market. His wife wants out of her job at age 47. Will their $5 million last through retirement? And then Homer and Marge in North Carolina make 640K in sales and want to spend up to 25K a month, and Seth in Illinois wants to retire at 58 on a pension and a Roth. Some of these plans work and some of ‘em aren't even close.Free Financial Resources in This Episode: https://bit.ly/ymyw-598 (full show notes & episode transcript)Withdrawal Strategy Guide - free download:https://purefinancial.com/white-papers/withdrawal-strategy-guide/?utm_source=captivate&utm_medium=podcast&utm_campaign=whitepaper-withdrawal-strategy-guide&utm_content=ymyw-pod-ep598-description-whitepaperRetirement Readiness Guide - free download:https://purefinancial.com/white-papers/retirement-readiness-guide/?utm_source=captivate&utm_medium=podcast&utm_campaign=whitepaper-retirement-readiness-guide&utm_content=ymyw-pod-ep598-description-whitepaper10 Assumptions Pre-Retirees Get Wrong About Retirement - YMYW TV:https://purefinancial.com/ymyw/episodes/10-assumptions-pre-retirees-get-wrong-about-retirement/?utm_source=captivate&utm_medium=podcast&utm_campaign=ymyw-tv&utm_content=ymyw-pod-ep598-description-tv-s12e07Financial Blueprint (free, self-guided):https://bit.ly/YMYWblueprintCREQUEST your Retirement Spitball Analysis:https://bit.ly/YMYWaskCDOWNLOAD more free guides:https://bit.ly/YMYWguidesCREAD financial blogs:https://bit.ly/YMYWblogCWATCH educational videos:https://bit.ly/YMYWvidsCSUBSCRIBE to the YMYW Newsletter:https://bit.ly/YMYWnewsletterCConnect With Us:Subscribe on YouTube and join the conversation in the comments:https://bit.ly/YMYW-YTSubscribe or follow YMYW in your favorite podcast app:https://lnk.to/ymywLeave your honest reviews and ratings in Apple Podcasts:https://podcasts.apple.com/us/podcast/your-money-your-wealth/id312900254Chapters: 00:00 - Intro: This Week on the YMYW Podcast00:52 - Wife Wants to Retire at 47. What Are We Missing? (Michael, TX)14:03 - $3M Saved, $640K Income: Can We Retire at 50? (Homer & Marge, Northern California)21:19 - Pension + $1.45M: Can I Retire at 58 and Spend $11K a Month? (Seth, North Central IL)26:51 - Can We Stop Saving Now at 42 and 45 and Still Retire at 55? (Shua, Phoenix, AZ)36:07 - Outro: Next Week on the YMYW Podcast37:19 - The Derails: Big Al Canoeing on the Russian River

Hall CPA is officially 10 years old, and Founder & CEO, Brandon Hall is back on the Tax Smart REI Podcast to talk about how the firm got to where it is today. In this special anniversary episode, Brandon joins Tom and Nate to look back at Hall CPA's journey from answering real estate tax questions online to building a $17 million real estate CPA firm and becoming a Top 400 CPA firm in the United States. Brandon shares the biggest lessons and challenges from the last 10 years, from rapid early growth and navigating COVID to building the right team. Plus, Brandon explains the recent acquisition of dental CPA firm Tooth & Coin, why Hall CPA decided to acquire instead of building a new niche from scratch, and what's next for the firm. Request a consultation from Hall CPA at go.therealestatecpa.com/taxsmart Register for FREE access to the 2026 Hall CPA Tax Strategy Summit: www.taxandlegalsummit.com/2026signup Interested in joining Hall CPA? Contact Brandon: brandon.hall@hallcpallc.com Visit our careers page: go.therealestatecpa.com/team 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.