Podcasts about CPA

On today's Wholesale Hotline (Subto Edition), Pace walks us through a creative finance deal and breaks it all down. Today's episode is part of our Throwback Series where we re-air some of our most popular shows. This episode originally aired on 10/25/2024. Show notes — in this episode we'll cover: Pace breaks down a real estate deal where he expects to make $300,000 by connecting people. How Pace went from a blue-collar contractor to structure high-value deals like this. Olivia, a real estate agent, seeks help for a 1031 exchange client looking for single-family properties -- listen in as Pace helps her navigate the deal. Why deal-finding and networking are the most important keys to success in real estate, far surpassing traditional saving and investing approaches for big financial gains.   ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ ☎️ Welcome to Wholesale Hotline & Subto Breakout✌️✌️! ☎️ Need discounts and free trials!? Check this out for the softwares/websites/contracts/scripts/etc we use in our business: ✌️ https://shor.by/pace-youtube ✌️ ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖

In this conversation, Kristen and Adam Remis, a CPA, discuss various strategies for real estate investors, focusing on cost segregation, tax benefits, and proactive tax planning. Adam emphasizes the importance of understanding tax laws, especially in light of recent legislation, and offers practical tips for tax preparation and resolving IRS debt. The discussion also highlights the prevalence of scams targeting taxpayers and the need for professional guidance.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true 'white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a "mini-mastermind" with Mike and his private clients on an upcoming "Retreat", either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas "Big H Ranch"? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

In this episode, Kathy Jones and Liz Ann Sonders discuss some recent investor' questions involving credit risks, government debt, and the potential for an AI bubble. Then, Mike Townsend, Schwab's Washington-based political analyst, joins the show to discuss the end of the government shutdown. He and Liz Ann and Kathy cover the provisions within the agreement to reopen the government, including the potential extension of subsidies for the Affordable Care Act. They also discuss the upcoming Supreme Court ruling on tariffs and how the government might take a while to get caught up on data releases involving employment and inflation information. Kathy and Liz Ann routinely answer questions about the effects of government debt and deficits, and they ask Mike Townsend for his thoughts on how and when that issue might be resolved. Finally, they address upcoming changes to the tax code and the political fallout of the shutdown.You can keep up with the latest developments out of Washington—and learn how they might affect investors—by following Mike Townsend on X and LinkedIn. You can also listen to and follow his podcast, WashingtonWise.On Investing is an original podcast from Charles Schwab. For more on the show, visit schwab.com/OnInvesting. If you enjoy the show, please leave a rating or review on Apple Podcasts.Important DisclosuresThis material is intended for general informational and educational purposes only. This should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned are not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decisions.All expressions of opinion are subject to change without notice in reaction to shifting market, economic or political conditions. Data contained herein from third party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed.Past performance is no guarantee of future results.Investing involves risk, including loss of principal. Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed income investments are subject to various other risks including changes in credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications, and other factors. Lower rated securities are subject to greater credit risk, default risk, and liquidity risk.All names and market data shown above are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security.This information is not a specific recommendation, individualized tax  or investment advice. Tax laws are subject to change, either prospectively or retroactively. Where specific advice is necessary or appropriate, individuals should contact their own professional tax and investment advisors or other professionals (CPA, Financial Planner, Investment Manager, Estate Attorney) to help answer questions about specific situations or needs prior to taking any action based upon this information.Indexes are unmanaged, do not incur management fees, costs, and expenses and cannot be invested in directly. Forecasts contained herein are for illustrative purposes only, may be based upon proprietary research and are developed through analysis of historical public data.The policy analysis provided by Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party.(1125-9E27) Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this episode, Rory speaks with Dr. Sean Stein Smith, CPA, professor at Lehman College, Forbes contributor, and advisory board member of the Wall Street Blockchain Alliance, to explore how artificial intelligence and blockchain are transforming the accounting and advisory profession. Discover how blockchain delivers trust and transparency while AI drives speed, pattern recognition, and efficiency across payments, banking, finance and wealth management. Sean discusses how firms like BlackRock and SoFi are leveraging AI to automate decision-making and enhance client experience, and he shares his perspective on Sam Altman's $1.4 trillion AI bet and whether we are in a bubble or a sustainable transformation. Find out why the real opportunity lies in combining technology with human insight and why communication, soft skills, or what he prefers to call business skills, will define the next generation of advisory professionals. Sean also shares how automation is shifting firms from transactions to transformation and why the CPA license remains a powerful mark of trust in a digital-first world. Want to know how CPAs and advisors can harness AI to elevate their services and strengthen client relationships? Find out in this AI & Blockchain podcast with Dr. Sean Stein Smith.

When it comes to assessing practice success, understanding various returns on investment is critical. Kiera and Kristy explain what the Dental A-Team is looking for when it comes to understanding the success (or lack thereof) of various investments. They specifically touch on the power of five different KPIs that'll keep your practice in line. Episode resources: Subscribe to The Dental A-Team podcast Schedule a Practice Assessment Leave us a review Transcript: K iera Dent (00:00) Hello, Dental A Team listeners. This is Kiera and today it's the KK podcast. Kiera and Kristy hanging out today. Kristy, how you doing today?   DAT Kristy (00:10) Good, it's a good day.   Kiera Dent (00:12) It's a great day. you like, I feel like I want to like KK. I mean, it's not, it's only two K's everybody listening, but I feel like it's like the Kit Kat. I don't know. It feels kind of like that between you and me. don't know why, but yeah, double the, or we could be like double mint, like double the flavor, double the fun. It's Kieran Kristy on the pod. Like there's just the two of us cause there's no other K names in the consultant world. It's just Kieran Kristy. So I mean, we got   DAT Kristy (00:36) That's right.   Kari and Kristy, you got it.   Kiera Dent (00:40) Kiera and Dana, so that could be my initials, cute. Then there's Kiera and Trish, but there's Trish and Tiffanie. Then there's Kiera and Brittany, no BS, Britt, she's on her own realm. And then we've got Monica. So, see, it's the two Ks, it's the double the, like, we're just gonna have fun here. Like, you get two of us, two brilliant brains. And believe it or not, Kristy and I actually might just be rivaling for like some of the biggest gains this quarter, so.   DAT Kristy (00:55) Yes, it does.   Kiera Dent (01:07) ⁓ not that we're here just for gains on clients, but Kristy does give me a run for my money, which all the consultants do. And Kristy's just like, she's, she's coming on hot this, this quarter. So I thought it'd be really fun, Kristy, for us to kind of dig into. Like either quarterly or twice a year annual reviews that we kind of do with clients and how you assess it. And we show the ROI that clients are getting, just cause I think it's important for clients to see like, what should you be assessing in your practice quarterly or two times a year?   How's the practice going? And Kristy, I think you're really, really strong in this. And I think you're really talented at looking at the practice and about their numbers and about, like, you love that. You and I will geek about numbers all day long, which is why it's the KK club, the KitKat club. Like we're here for the numbers. We're here for the fun. ⁓ But yeah, Kristy, kind of take it away of how do you set this up? What do you look at with clients when you're assessing their practices? Because always client style is like, I want ROI on consulting. And you do like,   amazing job at showing that ROI. So kind of take it away of what do we look at? How do we determine ROI? And I know this is your jam. This is what you love to do.   DAT Kristy (02:15) I love it. You're right. I do. You know, we all.   Kiera Dent (02:18) Do hear that little   giggle? I hope everybody heard that. Like that's Kristy's like. Kristy lives for this stuff and it makes me so happy because I do too. Like it's fun. It's fun to get the gains.   DAT Kristy (02:28) Yeah,   absolutely. Well, you and I have talked about this before. So many doctors just look   their bank account to see if they're on track or off track. And it's such a false sense of security looking at or lack of security, one of the two. with that being said, ⁓ there truly is like five   Kiera Dent (02:36) you   Mm-hmm.   DAT Kristy (02:48) KPIs that we're going to look at. And a couple of them are lag measures. A couple of them are lead measures.   ⁓ first view would be production net production collections. Yeah.   Kiera Dent (03:01) Yeah, don't even get into that gross. We don't want gains that are fake all y'all, okay? Like get   out. ⁓ Jason and I were talking the other day about guys, there's this, okay, Kristy, I'm gonna go on Tanger for a second. There's this really attractive actor on this show we're watching and I'm like, truly I was so disappointed when they kind of cut him from a couple episodes. I was like, no, she's gotta get back together with this guy because he's so good looking. And my husband and I, we look, because he looks pretty short.   DAT Kristy (03:13) you   Kiera Dent (03:28) So I like scoped him and I was like, how tall is this guy? And he says he's six foot and Jason's like, there's no way he's six foot. He's like, but do you ever hear some guy come in and they're like, yeah, I'm like 5'11". He's like, no, they all push them to the six foot. And I feel like that's what gross production is. It's like all of us are like, yeah, like I'm basically six foot. Yeah, I'm basically like a millionaire. Yeah, I'm basically there. Like, so we're talking, no, get out. We're here for like actual gains that you're actually getting net production.   my little side tangent, it's okay. It's okay if you're 5'10". It's okay if you're 5'9". It's okay if you're 5'11". We in production want to know the real number that we can actually collect, not the artificial one that makes you feel good when you're chatting with friends. You can fluff your height, but don't fluff your production.   DAT Kristy (04:15) love that 100%. So we got the net production and then the collections,   Kiera Dent (04:16) you   DAT Kristy (04:22) dollar for dollar percentage. Obviously we want them to be 98 % or higher. And then on the flip side, where are we diagnosing? What's our case acceptance? And so many people just look at the percent of case acceptance, but I also want to look at the dollars of what you're diagnosing because is it enough to reach your goal?   you know, where's your profit point at and what do we need to hit? Because we can celebrate 100 % case acceptance, which I don't think anybody ever has 100%, but you know, if you're getting 50 % case acceptance, which is still a very good percentage, 50 % of what? If we need to hit 150 every month and we're only hitting 100, it's not enough to get us there. So those would be the main five KPIs that   ⁓ tell us the health of your practice, right? And go ahead, care.   Kiera Dent (05:18) I   was gonna say, and Kristy, as you said that, diagnosing, don't think people realize is as important as it is. For whatever goal you wanna hit, there's a industry standard that you need to diagnose three times what you wanna produce. So if you wanna produce 100 grand, you need to be diagnosing 300,000 minimum to be able to get there, and you better hope you've got a great treatment coordinator who can close. And this is actually like...   I'm gonna like give a little secret away that we'll see if people are smart enough to pick up on in future years. This is the number one thing I actually look for in a consultant. I look to see, do an interview, we give them some stats and if a consultant cannot pick up this practice like without fail, they come in and they wanna talk block scheduling, they wanna talk other things. But I need a consultant to be able to see that a lot of times the reason a practice is not hitting their goals is due to a lack of diagnosis. And another reason we do that is because   Kristy and I are not dentists and we're not here to tell you how to diagnose. We're just here to help you see that based on industry standards and what you should be diagnosing of a healthy practice. If you're not getting enough diagnosis and doctors, you've got to hear this. If you are not diagnosing enough, this is a doctor issue and we're not saying to overdiagnose, but you have to diagnose enough. If you're not diagnosing enough and there's not enough treatment coming through, your practice will not grow. And that's not your team's fault. That's a you problem.   And so making sure that you, your hygienist, you use AI, but Kristy, I'm so glad you brought that up because production collections are always easy. But what impacts that, like you said, is the diagnosis, then the case acceptance, the new patients. And that's where it says lead and lag. Like everybody's looking at the lag of production collection, but it's like, what did we do to get there? And Kristy, I love that you bring these five things up every single quarter, every single, like twice a year with your clients, because people don't realize your bank account is a lag measure.   of what you've been doing in the practice. And then like another one is your overhead and what are you spending? Because if those things are in check, but we're spending everything we're making, we're not saving for taxes. Well, yeah, that's a real fun moment. Your bank account's really gonna look bleak, even if everything's working in the practice. So I really hope people take note because it's such a good thing for people to be aware of.   DAT Kristy (07:09) .   Absolutely. to that point, Kiera, like so many people think if that number isn't where they want it, let's go get more new patients. And then they want to spend more money on more new patients. And nine times out of 10, this is exciting time of the year because we're halfway through the year. Take a look at what you did treatment plan. I mean, I see a lot of practices, you know, let's for easy math, they're diagnosing a million dollars and we've closed 500,000. Holy cow. Even if you captured, you know,   percent of that difference like what would that mean to your bottom line and this is a perfect time to take a step back and go my gosh we have five months left in the year what would that look like break it down chunk it down to simple   pieces that your team can digest and you guys have fun with it. It's all about getting patients healthier. Let's face it, you're not diagnosing things patients don't need. So let's go get it. Let's get our patients healthy and gamify it. See one more crown a day or one more implant a month. What is it? Right?   Kiera Dent (08:35) Yeah. And Kristy, I think something you do so well that I hope people heard is you're not going for the big gains. You're going for the little like squeeze the juice, like get the last bit of toothpaste out of the tube of toothpaste. And I don't think people like that's not sexy. It's like, hey, I heard this podcast that I'm supposed to like go look at these small things versus we're getting all these new patients and we signed up for marketing. Well, but like this is where the elite practices shine. This is where the like really superior   Practices go people are like here. How do you do it? How do you guys like add? 20,000 40 that I Kristy I was looking at some of your stats girl. You're like, like I said, I love a good hustle and some of your practices you're adding like 50,000 a month to their practices and that's Incredible and people like how you do it Kristy's literally telling you it's through squeezing the tube of toothpaste in these small little moves that actually are not that hard going and getting new patients and signing up for marketing and all that that to me is actually hard fixing your diagnosis   getting your whole team on board, looking to see at what our production collections are, making sure our collections are tight. Those things are way easier. They're not as fun, they're not as sexy, but way easier than having to go like hunt and fish for new patients, even though it's way more fun to tell people you signed up for marketing. It's not fun to be like, yeah, we got a new billing thing in place. Like we got our AR fixed. That's not fun to admit, but it's way fun on the bank account and the profitability side too.   DAT Kristy (09:58) Yeah,   100%. And again, ⁓ so going back to the new patients, they want to spend more money to get it. But then have you looked at like, how are we answering the phone? How are we capturing the patients that are calling? Maybe you really don't need to spend any more money to cap, you know, they're coming in, we're just not capturing them, you know, and I'm always a fan of, you know, there's the internal marketing and external.   everything Fred Joyle said it best right everything is marketing we are marketing so get real intentional and get in relationship with your patients figure out what they want and tie their care back to it you know   Kiera Dent (10:39) Mm-hmm.   Yeah, I think it's brilliant. And I think it's like you said, everything we do is marketing. And so if we realize that and so many people want external marketing, and I think to me, the reason people want external marketing, and I'm not here to say not to do external marketing, I think it's a, it is a piece and a part of it. But I think it feels like a diet pill sometimes, like, let's just let's just throw money over there. And let's hope it fixes our problems. Let's out produce our problems rather than fixing our problems. And I really want people to realize like,   elite business ownership and being part of the elites, and we're not talking big practices, there's no right size to it. That all comes actually from doing these small little things and internal marketing, once again, is so good. These patients already love you. You already have a base of people that love you. And if you treat those people really well, rather than constantly going to try and swoop and get more people in, those people then refer, they refer better people to you.   It's easier. I have a practice and it was wild. They're like, Kiera, we signed up with marketing and we're trying to get it. And again, this is not a bash on any marketing companies. It is definitely necessary. ⁓ but they're like, but we're just not getting more, more new patients. Talk to another client. They're like, we, we just signed up with a marketing company and it's actually gone down. And I'm like, well, tell me what were you doing before to get patients? And they're like, we were at the church, we were in this magazine. And I'm like, well, get back in that because it was, it was showcasing the good things you're doing. It was being this like,   more B2B, it was being more connected rather than just trying to go for the masses and it's wild because internal marketing can be so much more effective if done right. And like you said, be in a relationship with your patients and know what they want. And great Google reviews, great Google reviews are your fastest, easiest marketing. So pay with Swell, like let's throw another plugin for Swell. It's been a few months since I put them in.   Go to Swell, SwellCX.com. Tell them Dental A Team sent you. Literally Zeke and I met when he founded the company. So you still get like founding prices, because that was the promise he and I made that you guys would get that. But honestly, just get your Google reviews up. Save the money. I don't know. Kristy, you and I are such birds of the same feather. That's why we're KitKat over here. We just think very similarly. And I think that's why we get very similar results as well.   DAT Kristy (12:55) Yeah, I think that the other big thing here is to recognize so many people are afraid of numbers. The members just start to tell a story and what we fail to realize is there's a system behind every one of those numbers. And if the number isn't where we want it, we need to pull up that system and figure out the system's a recipe, right? It's our cookbook. If it's not where we want it, then let's go back and figure out, did we mess up the recipe? You know, or   is the recipe, we're following it to a T and we just need to change up and find a new recipe because it's not getting the result. So ⁓ I love digging into those numbers because that tells us where we need to focus on this quarter to get the results we want.   Kiera Dent (13:40) And I really love that you said numbers just tell a story and there's a system behind the number and this makes it so much easier like going back There's a podcast I did a little while ago where I talked about the yes model and Dental A Team to help you say yes to more It's focusing on you as a person your vision which Kristy alludes to like are we on track or not for that vision and then E stands for earnings and profitability and S stands for systems and if you put them in that order So you've got your vision then we look at the numbers just like Kristy said   then you put into place the systems based on what those numbers tell you, it becomes a much more manageable and easier to digest process rather than being like, I need all the systems. And it's like, no, no, no, you just need the systems based on what the numbers tell you because I'm sure you're doing a lot more right than you think you are.   DAT Kristy (14:25) Absolutely. And I also think, you know, it's a good time to take a step back and evaluate where you are on the culture scale too, right? Happy team creates happy patients and happy patients pay and refer. So it all goes hand in hand.   Kiera Dent (14:39) Good   thoughts on there. Okay, so what else do you go? You go through the production collections, diagnosis, case acceptance, new patients, lead lag measures. Then you move into, we on track, off track for our goals of where we're at this year? What are the things that we could do now to get there by end of year? Are they still relevant? Are we still on track? What else do you look at with your clients when you're doing these assessments, Kristy?   DAT Kristy (15:02) Yeah, well, I always like to start the year off with projecting where we're going. And so also calculating back to that. And you and I talked about overhead. If we take what our average overhead is for the year, are we on track for meeting that or not?   Right? Because we can project all day long. I can want to make $3 million, but this $3 million cover overhead expenses and our savings for the year. So always measuring back to that. And if we're off track figuring out how can we get on track, right? Did doctor take off more time or do we need to add in a Friday to get to goal? You know, those types of things. Or are you, ⁓   okay with where we're projected to land and you feel confident about that. You know, once in a blue moon, well, I shouldn't say once in a blue moon because you and I do get them up there, but you know, it also relieves them and they can maybe even take an extra week off or a few days off because they're ahead of goal. Yeah.   Kiera Dent (16:06) Totally.   And those are the fun ones. That's what we want. We want to be ahead. We don't want to always be behind. And I agree with you, Kristy. The offices that are ⁓ diligent and consistent at looking at these, we look at these monthly, we look at these quarterly, we look at these annually, we assess, we redirect. It's like, I don't know. I feel like what you do is there's a plane. I just flew back from Greece, which was a very long flight. And it was very fun. This is where I watched.   DAT Kristy (16:13) Mm-hmm.   Kiera Dent (16:35) so many of these shows of this very good looking actor. I thought I was like, how tall is this man? While my husband's sitting next to me, it's okay, it's all right. We're allowed to have a few celebrity crushes. ⁓ But on our flight back, it was like a 12, 13 hour flight home. And I think about if that pilot would not have checked to see if we were a few degrees off, I could have easily ended up somewhere else. And that's just by a few degrees. And so what I feel you're doing, Kristy, on these quarterly, these monthly, these annual check-ins is making sure   that we're still navigating towards Greece or towards wherever we're trying to get. And are we on track or like you said, do we need to do a small navigation at a Friday, change this, look at our spending to be able to end up there at the end of the year or like, are we so far off course? So we need to like correct a little bit and then get back on track for next year. But the hope is that we catch that soon enough because we're never gonna go in a straight line. It will never be perfectly across. There will always be hiccups, there will be turbulence, there will be.   things that you gotta go around, you gotta redirect places. But if we're constantly looking at it, we stay much more on course and charter to where we want to go rather than like hoping and wishing we end up where we actually set out to go.   DAT Kristy (17:43) Yeah, 100%. And sometimes it's also looking, where are we spending? Right? Is there something that crept in there? We talked about this before too, with, you know, the subscriptions or, I mean, it's funny because the very first doctor that   I remember him telling a story about an airline and I was just sharing this recently with a client. I think it was like American, you guys could probably Google it and find it, but it's back in the day when they would serve meals to everybody and this airline decided that they could cut one olive.   Kiera Dent (18:17) Hmm?   DAT Kristy (18:17) and it cut their bottom line by a ton. Like what is the cost of one olive? So where can we tighten the ship a little bit? Those things are kind of, again, have fun with it, gamify it. Get your team involved. Let them be part of the solution.   Kiera Dent (18:37) Yeah,   and Kristy, I love that because we talk about this olive, the FedEx trucks and then chicken nuggets. And going back to it, the black olive airline cut, it was one olive, saved them $40,000 annually. I just pulled it up to sea and it was on American Airlines. And Tiff and I talk about the chicken nugget, like they used to serve five chicken nuggets, which was the right amount. Well, they dropped it to four. Four is not enough, so now you...   Upsell to 10 and I'm like that's one chicken nugget. This is one olive and I agree with you Kristy for me This is the fun of business like how can I go find that one olive or that one chicken nugget Tim and I get really excited when we find a whole chicken farm. Like that's a good one I'm like, wow, that was that was like a really good idea or a whole salad But again, it's to cut costs but improve patient care. Like what are they? mean even today Kristy, Shelbi, Britt and I were going through our expenses in dental a team   DAT Kristy (19:25) Mm-hmm.   Kiera Dent (19:30) and we looked and we have Adobe and we still use Adobe for contracts. But Shelbi looked at it, we're paying 65 and we use Canva and our marketing team doesn't need all the entire suite of Adobe anymore. But that was something we put into place like five years ago. We've been paying 65 bucks every single month when we only need to be paying 19. Not that that matters. And so many people are just like, well, here it's 40 bucks. And I'm like, okay, you want to play a game with me? I'll play a game. It's 65 minus 20.   DAT Kristy (19:57) me.   Kiera Dent (20:00) Okay, so 45 times that by 12 times that by five years is 2,700 bucks that I've been overpaying just on a subscription that's doing nothing for our company that I could have cut. And I'm like, I know you might not get out of bed for 2,700 bucks, but I'm like, you find that subscription, you find this subscription, you find that one, all those little, do you think someone really was excited on American Airlines to save $40,000 when it's a multi-billion dollar business? But 40,000 here, 20,000 there.   DAT Kristy (20:26) Right.   Kiera Dent (20:29) 50 bucks here. also think Kristy, to me, it's the discipline of auditing, of looking. It's more than I think the olive or the Adobe subscription or the chicken nugget. It is the constant innovation to look, to be the most savvy business that we can possibly be. And then we flip to the other side and give the best service that we can as well.   DAT Kristy (20:51) 100 % I agree with you, Kiera. Yeah, it's just those small incremental things. And it's about being intentional versus doing it by default, right? Let's do it intentionally so that when we get to the end, there's no surprises.   Kiera Dent (20:52) you   love that because I hate surprises in December as a business owner. Oh, I used to dread December's like and it's a great time to travel. It's a great time to hang out with family. But I used to cry like beginning of December, it was tears every single year. And then by the end of the year, I was exhausted. had nothing left for family and it's supposed to be such a fun time that I agree with you, Kristy. It's like no tears. The projections are there we were prepared. I don't know there really is a saying like if you are prepared, you will not fear and I'm like, it really is that case and also   Like CPAs, I'm gonna rag for a second. They rag on consultants. This is a love relationship we have with CPAs and consultants. I get so annoyed that like CPAs don't tell you till December. And I'm like, no, have the meeting in July. Have the meeting in October. Figure it out because you still have time to pivot. And that's what Kristy and I wanted to come on today is there's still time to pivot if you look at these items, you look at the things we're discussing, you look to see what can we do. There's still time. It's like, we're not at the 11th hour.   hoping to try to make up time in such a short amount of time. call your CPAs, find out where you're at on your tax liabilities. Are you on track for saving that? There's so many times that we have our meeting with the CPA and he's like, Kiera, I need to up and increase and start cutting. And I'm just annoyed every time, but I'd rather do that over the course of six months rather than one month, because I still have time to make that correction with it, not hurting as much as it could.   DAT Kristy (22:30) It's so true, so true. And the efforts to get there are a lot smaller when we can dilute it over five months versus two weeks, because we didn't look till the end of the year.   Kiera Dent (22:42) especially the two weeks in December where we're not producing so we're not even collecting and we have to pay more. It's just a really like nasty path. So I'm like, no, no, no, just don't plan for December. Have that be your gravy slush time. Get it all done in 11 months. But like even that kind of thinking, Kristy, I don't think is common. I think it's very abnormal to think, well, if my December is only going to be two weeks, why am I banking on that as a full month? Why don't I bank on? And this is back to mine and Kristy, like we love the projections. We love to think of like   DAT Kristy (22:59) No.   Kiera Dent (23:12) How could I get this done in 11 months? How can we give you vacations? How can it be done in this many weeks? And that's something, Kristy, I really do feel like it's the Kit Kat Club over here. Like we really do think in such a similar way, but I want you to realize like this is how Kristy and I are able to throw gains. We're able to help practices get to where they want to be, but also with it being easy, happy teams, happy culture, not a lot of stress, ⁓ and just kind of doing the small minutiae things that actually make insane gains.   for a practice. We help find the olives, Kristy. Every so often we might get a tomato, but it's the small olives that actually make the huge impact for a practice.   DAT Kristy (23:42) Right? Yeah, let's get the olives. Yeah.   100%, 100%. And hopefully we can show it's easy. It's not hard. It truly isn't hard. It's one patient at a time and just capturing a little bit more.   Kiera Dent (24:03) Yeah. And then Kristy, I think it's really fun what you do for your clients too, is you show them the ROI that you brought to them through AR, through production, through overhead savings. So that way a client, regardless of their bank account saying, can literally see that in the course of working together, this is what we've been able to accomplish together. Because I think as a business owner, it is so easy to forget like what it felt like when I couldn't lift 20 pounds, now that I'm lifting 50 pounds.   Like it's so easy because 50 pounds becomes your new normal, but you're like, no, no, no, no. Remember how we started and you couldn't even lift like five pounds. Then you got up to 20, then you got up to 50. I think it's very easy for clients to forget where they started because their new norm is where we've grown them to.   DAT Kristy (24:48) Yeah, it's so true. mean, you know me, I love analogies and it's almost like your periopatient that's been coming in every three months and now they're healthy and so they want to push it back out and it's like you forgot it's this effort coming every three months that's gotten you healthy and the minute we change it, things start to slide, you know, so. ⁓   Yeah, mean, hopefully, hopefully we can always show that value in it. They still have to do the boots on the ground hard work, but you know.   even Tiger Woods has a coach, right? And that coach can see around corners to see things a little bit faster maybe when things aren't moving the same. You your swing's off, what's happening, what's going on, you know, and to keep you back on track. it's fun, it's fun partnering with clients and being able to see that and course correct and help them achieve their goals.   Kiera Dent (25:43) ⁓ I love it. Kristy, I agree with you. And I think that that's why we have the passion for consulting. We have the passion for practices. We have the passion for wanting you to strike. It's crazy because like, I don't know, we have a tagline, which marketing told me I need to get rid of because it's more about me than it is about you. And it does not make sense to me. ⁓ where it says like your success as a practice is truly Dental A Team's passion. Like this is what gets me and Kristy up out of bed. This is what makes us want to get on a podcast and share with you is   you being successful, you getting your dreams, you hitting these goals is what we are obsessed and so passionate about. So I think it's so fun. So I'd say, Kristy, if practice is listening right now, what would be kind of like your bow on our podcast today that you'd say like, okay, from everything we've talked about, what do they take away? What can they go implement? ⁓ Because sometimes it can feel like, well, what's my first step to be able to get on this path of slight course corrections to get to my final destination with ease.   DAT Kristy (26:42) Yeah, well first off, if you haven't figured out your goal, maybe look at what you finished at last year and at least strive for 10 % above that because we know that that's at least keeping up with inflation. Again, I don't know if that's meeting your overhead needs, but at least it's a good point. And then reverse engineer it. See how far you're off track from that for the year.   and ⁓ what's one more day or one more thing every day. Hopefully you're doing some sort of morning huddle and ⁓ inside of the morning huddle, everybody has a part to play, right? So admin, look, is there any balances that need to be collected?   ⁓ patient wise in doctor's schedule, is there anybody that could come back in through hygiene? Hygiene, if we have undiagnosed treatment and we know there is, because we see those numbers every day in morning huddle and it's almost like crazy alarming the amount. Usually it's more than what you're even producing for the day. So, gamify it and try to turn those patients into healthy patients by converting their treatment. ⁓   know just those simple things right there is going to make a big difference to your year end.   Kiera Dent (27:55) I that. I love it, Kristy, so much. And I love that you have the passion and the love. I love that you will also sit down with your clients. And I think that that's the discipline and maybe like the fast track of using a consultant is, Kristy, you prepare these for your clients. You think about it. You're looking down the line of things they're maybe not even considering doing. They're not thinking about midway. How are we doing? What are our projections? Are we on track? Are we off track? Where are we at? And I think having a consultant, like you said, with even Tiger Woods,   looking around the corner, looking down the line. Kristy and I are both like, we're watching the clock. We know we only have so many more months in the year. Where are you at? How can we make sure that we're constantly keeping you on track to get to your goals? Where maybe you're just having a fun summer vacation or you're just coming back. Like we know that that's our job is to be looking down the line for you, watching out for you, projecting for you, course correcting with you. ⁓ Even when you're in the day to day problems. And I think Kristy, that's just a   a shout out to you and a shout out to consultants because this is why we do what we do. So if you, if you are like most business owners, including myself, when I first started and you hate numbers, that's why there are people like Kristy and myself that exist because we love to get into the nitty gritty. We love to look for those olives. We love to help you go do the dentistry and we're going to sit here and help make sure your business and your team and your practice is flourishing. So that way the hard work you put into being a dentist pays off for you in the end. So Kristy love this, love what you do for our clients.   Love being the, the KK Kit Kat, whatever we want to be over here. mean, it might stick. We might be Kit Kats for Halloween. You never know, but Kristy just super appreciate you and all that you do for our clients and for our company and you as a human being, you're just a gem. And I'm so freaking lucky to work with you.   DAT Kristy (29:28) Yeah.   Thank you. It's my honor and you know what? We're stronger as a team, I have to say. So no matter what consultant you have in our company, you get all of us. So we collaborate, we cheer each other on, just like hopefully you're cheering your team on. So happy to help.   Kiera Dent (29:49) Bye.   Kristy,   you said that so well and it is true. I see you and all the consultants like have little meetings on your calendars of connecting and chatting and I do agree. We all help each other out. We want all of our clients to succeed no matter who you're working with. So for all of you, if you're struggling or you're like, gosh, I really would love that help or just having someone, I'll just put our arm around you and like, we're here to help you. We're here to support you. We're here to guide you. We're here to look around that corner. Reach out, Hello@TheDentalATeam.com. And as always, Kristy, thanks for being with me. Thank all of you for listening.   and we'll catch you next time on the Dental A Team Podcast.  

Law Firm Owner Real Estate Tax Hack

In this episode I sit down with Ben Kelly, a former Army intelligence officer who learned inside JP Morgan how real wealth is built and then applied that blueprint to small-business acquisitions. We break down using other people's money with SBA 7(a) loans, what lenders really underwrite, and why accounting firms trade at 1x revenue but can exit at 10 to 12x EBITDA in a rollup. Ben shares how AI increases margins without replacing CPA signatures, plus his own alternative cash-flow plays—from luxury assets and short-cycle supercar deals to semi-truck fleets with powerful tax write-offs. We finish with the hard truth most founders miss: build the foundation as fast as you build the portfolio, and anchor the whole thing to purpose and faith. About Ben KellyBen Kelly is a former U.S. Army Intelligence Officer turned entrepreneur and acquisition specialist. After transitioning from the military into JP Morgan's Private Bank, Ben discovered the strategy ultra-wealthy clients used to grow net worth: business acquisitions. Today, he runs a small business acquisition company focused on rolling up accounting firms to build a 9-figure exit. He also shares real-world insights through his newsletter Acquisition Ace and is launching Alternative Ace to spotlight passive-income strategies beyond Wall Street. Connect with Ben KellyWebsite: https://BenKelly.coInstagram: @BenKellyoneX / Twitter: @BenKellyone About Justin: After investing in real estate for over 18 years and almost 3000 deals done, Justin has created a business that generates 7 figures in active income through wholesaling and fix and flipping as well as accumulating millions of dollars of rental properties including 5 apartment buildings, 50+ single family homes, and 1 storage facility Justins longevity in real estate is due to his ability to look around the corners, adapt to changing markets, perfecting Raising private capital, and focusing on lead generation which allows him to not just wholesale and fix & flip, but also accumulate wealth through long term holds. His success in real estate led him to start The Entrepreneur DNA podcast and The Science Of Flipping podcast and education company, and REI LIVE where he's actively doing deals with members. He has coached and mentored thousands of aspiring and active investors over the last decade. Connect with Justin: Instagram: @thejustincolby YouTube: Justin Colby TikTok: @justincolbytsof LinkedIn: Justin Colby Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Alicia and Margie share recent QuickBooks Online features they've discovered while working in the platform. From drag-and-drop attachments in banking feeds to unexpectedly higher payment processing limits, they walk through the small improvements and changes that aren't always announced but can impact your daily workflow. Plus, they discuss the redesigned customer center and why the new advanced search filters are worth exploring.SponsorsDigits - https://uqb.promo/digits(00:00) - Introduction and Guest Welcome (00:48) - QuickBooks Online Refresh and New Features (02:48) - Banking Feeds Innovations (04:49) - Attachments and Tags in Banking Feeds (06:46) - New Payments Box and Sales Tax Issues (13:10) - QuickBooks Online for Accountants Beta (21:07) - Accountant Users Join Business Network (24:43) - Customer Center Beta Test (25:13) - Introduction to Customer Filters (26:25) - Feedback on the Money Bar (27:53) - New Search Filter Features (28:42) - Customer Status and Types (29:35) - Billing City Filter and Search Bar Issues (32:14) - Customizing Columns and Filters (33:54) - Advanced Transaction Search (38:39) - Upcoming Events and Conferences (41:31) - Conclusion and Final Thoughts LINKSProducts, Services, and Inventory, Nov 18: http://royl.ws/qbo-Inventory?affiliate=5393907QB Payments Merchant Services, Nov 25: http://royl.ws/QB-Payments-Course?affiliate=5393907Alicia's upcoming appearances:Women Who Count Conference: https://www.afwa.org/women-who-count/Intuit Connect: https://www.intuit.com/intuitconnect/Reframe Conference: https://reframe.shoprocket.io/#!/reframe-2025-effective-pricing-for-accountantsMargie's Free Class Friday:www.akadian.com/lockerroomBUY ALICIA'S NEW BOOK!https://www.amazon.com/QuickBooks-Online-Bootcamp-Setup-Time-ebook/dp/B0FWZ2NHTQ/Companion Course on Royal Wise:https://learn.royalwise.com/visitor_catalog_class/show/153822/QuickBooks-Online-BootcampWe want to hear from you!Send your questions and comments to us at unofficialquickbookspodcast@gmail.com.Join our LinkedIn community at https://www.linkedin.com/groups/14630719/Visit our YouTube Channel at https://www.youtube.com/@UnofficialQuickBooksPodcast?sub_confirmation=1 Sign up to Earmark to earn free CPE for listening to this podcasthttps://www.earmark.app/onboarding 

In this episode of the Dental Boardroom Podcast, host Wes Read, CPA and financial advisor at Practice CFO, and Dr. Howard Farran, Founder of Dentaltown, delve into the evolving landscape of dental ownership from the rise of private equity in dentistry to the challenges and opportunities facing today's practitioners.They explore how cheap financing and investor enthusiasm fueled massive consolidation in the dental space over the past decade, and why the focus is now shifting from quantity to quality. As interest rates rise and capital tightens, DSOs and private equity groups are becoming more selective, prioritizing well-run, profitable practices over sheer scale.The discussion also contrasts private equity-led DSOs with those founded and guided by dentists, examining how leadership, culture, and long-term vision shape patient outcomes and professional integrity.Dr. Farran passionately defends the importance of dentist-led organizations, transparency, and long-term patient relationships, emphasizing that dentistry is a “sacred profession,” not just a business. Wes complements this view with a grounded financial perspective, offering practical advice for dentists who aspire to grow sustainably, without losing their clinical focus or personal balance.Key TakeawaysThe PE Boom and Shift: Low interest rates and abundant capital fueled a buying frenzy in dental practices, but the landscape is changing with higher borrowing costs.From Volume to Value: DSOs are now focused on high-quality operations and sustainable cash flow rather than mass acquisitions.Dentist-Led vs. Investor-Led DSOs: Dr. Farran stresses that DSOs led by clinicians, not “suits,” create better care models and stronger trust with patients.Operational Mastery First: Before expanding, dentists should perfect one successful “prototype” practice much like McDonald's perfected its first store before scaling.Liquidity and Transparency Matter: Private equity's lack of transparency and illiquidity pose risks; publicly traded or dentist-owned models offer more accountability.AI and Dentistry: Both see promise and potential pitfalls as AI expands into diagnostics and insurance, cautioning that technology can empower or restrict clinicians depending on who controls it.

In this episode of the Tax Smart REI Podcast, Thomas Castelli and Nathan Sosa, Head of the National Tax Department at Hall CPA, sit down with Alex Savage, CPA, CFP, to unpack the Mega Backdoor Roth 401(k), one of the most powerful yet underutilized tax strategies for high-income earners. They break down how the strategy works, who qualifies, and why it can be a game-changer for those looking to build long-term, tax-free retirement wealth, all while balancing real estate investing and other income streams. From contribution limits and in-plan conversions to control group rules and timing, this episode covers everything you need to know to decide whether this advanced strategy fits your situation. You'll learn: - What makes the “Mega” Backdoor Roth 401(k) different from a traditional or standard Roth IRA - How high-income W-2 earners and solopreneurs can contribute up to $70,000+ in after-tax dollars - Why this strategy can help you manage future tax rates, Social Security taxation, and estate planning - The key testing and timing rules to avoid IRS pitfalls - When a Mega Backdoor Roth makes sense and when real estate might be the better play Whether you're a tech executive, business owner, or high-earning real estate investor, this episode gives you the clarity to determine if the Mega Backdoor Roth 401(k) belongs in your financial toolkit and how to use it strategically alongside your real estate portfolio. To become a client, request a consultation from Hall CPA, PLLC at go.therealestatecpa.com/3KSEev6 Subscribe to REI Daily & Enter to Win a FREE Strategy Call: go.therealestatecpa.com/41JuQBX Connect with Engineered Tax Services: https://portal.engineeredtaxservices.com/cost-segregation/quick-start?utm_source=Live+Event&utm_medium=Others&utm_campaign=hall_cpa&pagesense_source=729733000061045013&utm_term=kim_lochridge&utm_content=cost_segregation Get the Solar White Paper: www.therealestatecpa.com/solar-white-paper/ 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.

Revamping your financials is as easy as … Kiera shows off her savvy financial skills by sharing what it takes to know what's being spent in your practice. Her spreadsheet tips will answer such questions as: What can be cut? How can you make sure your overhead is in check? What do you need to produce? And much more. Want a sample spreadsheet to get started? Email hello@thedentalateam.com.  Episode resources: Subscribe to The Dental A-Team podcast Schedule a Practice Assessment Leave us a review Transcript: Kiera Dent (00:00) Hello, Dental A Team listeners, this is Kiera and I hope you're just having an amazing day. Like a great, great, great, incredible day. ⁓ just, today's topic is one that makes me excited and it's so dry and boring, ⁓ but I love it. And I'm like, that's probably a buzzkill for the podcast, but you know me, one of my core values is fun. And Dana, shout out to Dana, DanyDane over there.   ⁓ She gave me one of the best compliments. We do a thing on Wednesdays called core value shout out in our company. And I will tell you if you do not have this in your company, I would strongly advise you do this. What we do is every single Wednesday, our company goes and our whole team says that this is our favorite. You guys, we have gone from a very small team to a much larger team and we still do this. So just know small teams, big teams, it is doable and it is very   relevant and very essential. And I think it just goes so well. I am okay to take a little bit longer on this morning huddle because of how good it is. so core value shout out is where we just randomly will pick somebody and then it's popcorn after that. So they'll choose the next person. So for example, we would start and I would say, okay, Shelbi starting today and everybody chooses somebody on the team and they highlight them for a core value and it has to be a core value. It has to be something specific. And so Dana gave me one of the greatest compliments.   She said, Kiera, she said she wanted to give me the core value of fun, because fun is really one of our core values. And she said, I want to give it to you for fun, because she said a lot of times topics that are so hard ⁓ or things that people wouldn't necessarily find fun. She said, you just know how to sprinkle the fun and the confetti and the glitter and make things that are hard or something that teens wouldn't want to do or doctors wouldn't want to do.   you make them really fun. And honestly, that has stuck with me. It is a few days later since she gave me that compliment and I'm still remembering it. So not only is core value shout out day amazing, it also helps you just enjoy and to have like, to be happier. ⁓ It also infuses core values into your company. And I'm excited and grateful that I'm able to bring fun things to the podcast, a dry topic. I hope I've teed this up enough to where you're excited about it.   But this is, think, the discipline side of business of owning a dental practice that you need to do. And this is really, think, for office managers or billers and doctors. And this is something that I think will give you so much confidence. it came actually from our doctor mastermind. We have ⁓ a private doctor only mastermind that we run every single month. It's a virtual one. And then we do an in-person one ⁓ that's more for doctor and leadership teams. But our monthly one, call it Think Tank, and it's on the first Tuesday of every month. And a doctor was saying, she's like,   I just don't know where to cut. I said, send me your PNL and tips like, and she's going to want your credit card statement and she's going to want all your stuff. And while yes, I am obsessive on this. have helped family members. I've helped offices. I've helped myself. something that I will like toot my own horn on it. I actually think I'm very talented with money, with saving, with figuring out solutions and helping people understand where you can cut. This podcast also came about because this morning on my, ⁓ Shelbi Britt and I were meeting and we were literally going through.   our finances to see where could we maybe squeeze the tube of toothpaste a little bit more, where could we maybe change a few things. And I think that that's just so relevant and so helpful. And so this is something I do in my day in day out life. It's something that I think for you to go from chaos and lack of financial clarity to confidence is something that I really want to just bring to the table today on the podcast. If you're new to Dental A team, welcome. We are obsessed about helping you have your best life and ⁓ doing it in a fun, easy way through dentistry. And so   helping you with our yes model. So you as a person getting your life, your vision, all of that in place, then moving into earnings. So ⁓ financially, that's the piece today. And then using those financial pieces. So your analytics, your PNL, your overhead to also help us figure out what systems and team development need to go into place to make sure you have this thriving practice. Because honestly, I believe that being successful, being a successful dental practice does not have to be hard and it can actually be easy. So that's what we're here for today. ⁓ With that.   So today it's going to be like, how do you actually like figure out your costs? So I did this a long time ago and then I like met a lot of really smart financial people. I'm not a financial advisor. I will throw that out there. So just make sure you talk to them and you have your, ⁓ like you chat with them of what's best for your state, but I will teach you how I do it. This is annoying. It's a little cumbersome, but people love to hear like, how do you actually do this? I'm always like, how do people get like jacked? Like how do they work out? Like.   me like what time do you work out like what do you do for your nutrition and just so I understand the full landscape and then I'm going to pick and choose of what's going to work well for me that I'll actually implement so hopefully that will be effective for you today as well.   So this is what we do. I have a spreadsheet that I have for monthly costs. We do this with all of our clients too. So if you're like, this feels too hard, don't worry, join the Dental A Team. We'll help you get it put together. So we have a monthly cost. And what I do is on the monthly costs, and this is probably my most visited spreadsheet of my entire company. And I'm super excited because we're bringing in another team member who does financial.   Forecasting and has a whole background in finance. So my method might get revamped to 2.0 and there's always another layer. But what I have is I have on our monthly costs, I have all the salaries and all of the pay. Now for offices, I do include doctor pay. Again, I'm not a CPA and I do believe that doctors should be paid. So I put in either your W-2 salary and or your doctor compensation of 30%. Now I do lose numbers. So our consultants are paid very similar to how doctors are paid.   ⁓ And so you can get a general idea. So mine are general ideas. It's not my highest month. It's not my lowest month. It's the average is what I've selected to do for these costs. So again, this spreadsheet will not be absolutely perfect, but I think it's a really great tool to figure out what can I cut? How can I make sure my overheads in check? What do I need to produce? How do I basically figure out my BAM, my bare ACE minimum in a company? And so that's what we're gonna be looking at. So with that, I first list all the salaries and...   I want everything in there. And then what I have is a current. So I'm gonna have a current and then I'm also going to have like a future. So for example, if you're planning to hire somebody, but they're not hired yet, that's something that you're going to wanna know, what is my cost now? And what is going to be the future cost? Because those two things are actually different numbers. And so for me, it's really helpful so that I can look at you guys honestly.   When I started this, had like three team members and now we have tons of team members on there and outsource people and virtual assistants. And ⁓ the list just gets bigger and bigger and bigger. I can go back and I can look at things that we've done before. And so mine's on Google Sheets. And again, we've built one of these and I'm even happy to share, reach out, Hello@TheDentalATeam.com. But this is something, so I go through all the salaries. And then for me, ⁓ if you do health insurance or you do a health stipend or whatever it is, you add that in.   as well, but then what I do, and again, talk to your CPA, see what your payroll tax are. For me, I just estimate 10%. I always like to air higher. So you will notice in all of my projections and everything I do, I'm going to always air higher than it actually is rather than lower. And so just looking at that, just so you know, that's how I do. So my CPA told me 10%, we have business in four different states. I think we're actually up to five now.   So I estimate high, no matter what state they're in, I just do a 10%. So I'll do my total salaries of the month, an estimated 10 % payroll. And then I've got that in there, my total payroll. Then we have our health stipends or health insurance, our 401k costs in there, how much it costs me per user, what the 4 % is. I actually go grab people's salaries and their bonuses, put it in there. So I have a pretty good idea. Then what I do is I check every single month to see based what I have here, is that close?   to what I'm actually paying or is it not? I know some of you might be like, well, here, I just get it from my CPA, I get a P &L. I agree, but this is a good checks and balance between my CPA and myself. And also when I'm trying to project and forecast, can I add people in? How much is this gonna have? Where can I cut? If I can see it all line itemed out, it's actually for me at least much easier for me to see what are all my costs and where can I squeeze the tube of toothpaste to get a little bit more ⁓ toothpaste out of that tube or a little more juice out of the lemon.   So that's what I have. And then what I have down below is like outsource. So if you've got VAs or you've got ⁓ different people that are contractors or things like that, I have that in there and that one EBS and flows mostly that hangs in my marketing department. That's where I have a lot of those. And then also VAs and EAs that'll be in there that are virtual assistants that are through other companies. So they're not running on my payroll, but they are down there. Like I have some consultants on there. I've got some coaches on there that will be in that section for me. But those again are not up in that payroll section because I'm not paying that.   payroll tax on them and I'm also not 401k on them, but that helps me see how much am I paying in outsourced resources to see should I cut that, should I keep that, how much do I have on the top, is my payroll heavy. You also can break this down by department. So you can see how much am I paying in my hygiene department, are they offsetting, how much am I paying my doctor department, my front office department, all those different departments. If you want to get even more granular, you can. And then below that, I have all of the office expenses and this is something really great.   This year Britt she ⁓ 2.0'd us and she put in their end of year expenses because there's a lot of things that I just pay at the end of the year that are annual subscriptions that will save money on but the reality is I should probably be saving that money throughout the year, right? Because every single month there would be an expense allocated if I didn't pay it annually. So we should be adding that in so we're saving for that. We're preparing for that for the end of the year. We have different things in there. So like all of our subscriptions that we have you might have Netflix, you might have Audible, you might have   Canva for marketing, ⁓ ChatGPT if you're paying for those subscriptions, anything. And I'm constantly updating this like as you hear ChatGPT and how many do we have for that? ⁓ We use our project management software is on there. I also know that every single month I have a budget allotted for employee gifts and anniversaries. And so we have an allotment of how much we spend. I do double check this, but I try to break it down. Also I have in there my merchant fees and how much my merchant fees are on average.   ⁓ And I literally list everything out. So whether it's personal, because like Audible and my phone, I do have those on there. Those are personal things for me that do run through the business, but there's still business expenses that will need to be on there. ⁓ And then we've got our bookkeeping and our accounting or CPA, our lawyers, all of that in there. If you have vehicles that your CPA said is okay for you to run through, all of that, your rent, your mortgage, your supplies, your internet, all of that in there.   to where at the bottom of this list, you can get a complete grand total for the month. And what's really awesome about that, you can actually break it apart so you can have doctors where they're not in there. This then tells you basically your BAM, your bear ace minimum. And then what we can do from there is we can figure out what you need to produce to be able to hit. So hopefully all that was like not too much. just rattle, I'm like literally looking at my spreadsheet as I'm telling you this, all of that. Then below that, we're gonna wanna also add in debt services because debt services are also going to hit your cashflow side of it.   So when you have these two tools together, then you can figure out what's bam, my bare ace minimum, what's my overhead and then what can I cut and then what do I need to produce? Then we can figure out what we need to produce with block schedules. There's like a whole other zone, but back to the client's question. She said, I don't even know what to cut. So today me and our leadership team, we were going through this and we literally looked to see, okay, what's on our office expenses? And I know this sounds so dumb and so like trite.   but I think it's the discipline of knowing how to do this because you better believe when I'm looking at my monthly expenses, which are outlandish and they're very high. When I look at this, saving 40 bucks a month is not like, it's truly a literal spit in the bucket. But when I think about it, it's $40 here, it's $20 there. It's just like your credit card statement at the end of the month. I'm always shocked at how much is on there and it's $20 on Amazon here, $30 over here.   $20 there and all those $20, $30 purchases add up to multiple thousands of dollars every single month. So when we look at this, I look at every single office expense and I'm like, okay, is Adobe something that we need? And this was actually a catch that we had. I was like, we're paying $65 a month for Adobe. Do we still need the entire suite? The answer is no, we don't. We only need it for a small thing. And then we started thinking like, softwares are evolving. So we're like, does G Suite ⁓ actually cover that? Or...   does another one of our subscriptions cover it? Because so many times our subscriptions that we're paying are like duplicates of something else. G Suite has expanded and I'm like, do we still need to use boomerang? I use boomerang all the time. I love boomerang so much, but I'm like, has G Suite evolved to where they have something comparable to it that we could cut the boomerang is 120 bucks a month for us. And Shelbi was like, wait, not all of our team members, like our marketing team does not use boomerang. They're not doing client facing emails. They rarely are in their inbox. They're in Slack all the time.   she's like, what if we reduce the number of people on boomerang that would actually cut our costs down. So again, it's this like fine tuning revolving through it looking, do we need this? Could we reduce this? Do we need to, are all the people that were still on there, do we still need to pay for all those people? Could we change it to this? Are we still gonna be here for that? And you go through and you literally ask, is this a want, a need, or is there a better way that we could spend our money on this? And again, I know it sounds so dumb. Like this, this is not fun.   This is not something that I'm excited to share with you on a podcast, but I'm so excited because the discipline of doing this, the doctor, the reason it came up is because she wants to sign up for AI, ⁓ Pearl or Overjet. Back and forth, we talked about it at length of which one's better. This is why I love our Dr. Mastermind. And it's about $130 a month. And she just like, I'm so sick of these subscriptions. And I'm like, well, go get rid of Netflix or go get rid of one of these things or don't have all the beverages in the   in the refrigerator, maybe just choose one of them. Like there's so many things like, but this is where you look at your list because you have your entire list in front of you. And my office expenses right now, and this is where I look at my credit card. I look at every single thing on there. Right now we have 39 different things that we pay for of monthly subscriptions or annual subscriptions, different things. It's got our insurance policies on there. And then what I can do is I can come in and assess and say, okay, of all these high expenses, like if I need to cut expenses very quickly,   I could look to see, all right, my highest hitters are XYZ. This one's $500, this one's $1,000. Do I still need these? Are we still using them? Is there a cheaper competitor that I could switch to? Where am I at? And all these things. What I love about this is it helps you just look to see where your money's going because at the bottom it has a grand total. And then what's nice is I then can look to see, is this grand total what my CPA is telling me I'm spending every single month? Do they line up?   And if not, where's the discrepancy and where is it? I also can look at future things. if I'm going to be increasing or I'm going to be adding team members or we're going to be looking to add say another subscription or another piece, what is that going to change my monthly amount? And am I okay on my production and collection side to be able to afford it? So many people are like, I talked to my CPA to see if I can afford it. And I want to just say that yes, it's great to have a CPA there. It's also better to know instead of being like a parent child.   if you can spend it. I want my CPA to give me my books, my reconciliation. I want them to talk to me about my tax strategy, but I don't want them to be the ones telling me, can I afford something or can I not? I wanna go to them and say, I know I can afford this. This is what I think. Do you think it's a good idea? Then I'm counseling with them rather than being told. And this goes for all of my executive board. I want to know as much as I possibly can. So that way when I show up, like even financial advisors, even my...   My lawyers, like I do a lot of research before I go into those because I don't want to just blindly follow. I want to actively participate. So we're making the best decisions. I believe they're all in the best interest. I don't believe my CPA telling me to do something or not to do something is the end all be all. I feel like we are great at counseling together. They give me their opinion. I know the numbers. They know the numbers. We know where the business is going. And then my job is to make the best decision for the business and for myself.   So this is where I just really obsessed because right now I'm looking and I'm like, wow, what I'm currently paying based on bringing in some new hires, we're gonna do a $30,000 increase. And I look at that I wonder, is that wise? Is that what I wanna do? Is that what we as a business wanna do? Is that smart for the business? Or is it something like, then I get to sit here and I get to innovate and we get to think of like, what other ideas could we do? That's why I went down the list, because I wanna hire some more people. It's a little premature for these hires.   So I was like, okay, let's go back to the list. Let's look at the list. Like where could I like cut some costs to see, could I free up any cash in other areas or do we need to make different decisions? Or is it like, I need to put a pause on hiring that person for a little while until the business gets to X amount and then we can bring on those different hires. So when you look at this, that's how I do it. I use this spreadsheet. I'm not kidding. I I hold, I can tell you exactly because what's great on Google Sheets is they can literally tell you all the different versions. Okay.   So let's just go back to, I'm going to go, this is embarrassing. I'm going to go to June. Okay, so I'll just go back a few months for you guys. I logged into this spreadsheet of the monthly costs. June 5th, June 10th, June 16th, June 19th, June 24th, June 24th, again, June 25th, July 2nd, multiple times, July 7th, July 8th, July 9th, July 10th, 15th, 16th, 17th, 18th, 24.   The only reason it stopped there is because I went out of town August 3rd, August 6th, August 7th. As you can see, I'm in this spreadsheet almost daily. If not every other day. That's insane. I mean, I can go back to April. I can go back to March, February, January, December, December. I'm in here all the time. November, October of last year. I'm just going down. October. I was in there 10 because that's when I started to do projections. So you better believe I was in there a lot more during that time. October. There's about 20 entries September. So when I tell you this is a tool,   that I have found that works so insanely well. Clients love it. Cause then we're like, our overhead's high. We can go over to our costs and say, why is it high? What is causing this? I'm looking at people's loans that they have and I'm like, do you really use the Seric? Do we need to continue to use this? Are we using all these different like plan Mecca and all these other loans that we have on the practice? Are we still using that? And if so, that's fine. But let's at least know where our money's going.   so then we can make better decisions of do we wanna continue that? And so hopefully, like I said, it's not a fun topic. Like it is, this one, if you can't tell, the passion, the fun, like it's really fun for me to look to say like, okay, where is it? This is where I decided it was time for us to close our headquarters down in Reno. We used to have one, but I was looking for how can I cut costs? Where can I, because for me, I'd rather not spend it on a physical location. I'd rather buy, like spend that money on different softwares that are gonna make us more efficient, being able to hire better employees.   Like I'd rather reallocate those dollars to something that's gonna benefit the company more. And so for you, just feel like this is such a great tool to help you truly know where your money's going, know where you can cut. And like I said, I do this for personal. I'm like, all right, give me all your costs. Give me your credit card. We're gonna look at every single thing. And then like, what could we do differently? I mean, my cell phone, let alone, I used to pay almost a hundred bucks a month for my cell phone. It's now, hold please. I'll tell you the exact amount. Cause I can tell you it's literally right here.   Um, it is a telephone right here, $35 a month. And I used to pay 95, but that was once again, like Verizon got a competitor. have a sister company called visible. I could even get it down to 20, but I didn't want to like drop that far. But we went from 90 to 35 and there was no change or disruption. I watched it for several years. I had people do it, then made the change. Is there a better company out there for X, Y, or Z? Is there a better processing company? And I know again, this seems annoying.   But annually around September, October is when I start to do projections and I start to look at everything. Cause I'm looking at costs. What could I cut? But monthly, daily, I'm looking to see who can I hire? Where can I do things? Change it, adjust it. And what's amazing is when doctors and OMS have this tool available, now you're like, can we afford to hire this person? You can answer with confidence rather than hoping and praying you're going to be able to make it. Just like what I used to do. was like, let's just hope and pray we're going to hire them and hope it works out.   now I can have way more confident decisions. And like, think as a business owner, being able to have confident, like one of the strongest things you need to do as a business owner is be able to make decisions. And I think the second piece to that is being able to make more confident decisions, utilizing tools like this one that I'm sharing with you. So if you want help, reach out, Hello@TheDentalATeam.com. Like I said, I love to put this together for clients. I love to give them the tools and resources to where they can actually be here and know. And also I say if you're here,   Like go get your credit card, list everything out that you're spending money on. Look at your P &L, see if it matches up, see if you can figure it out. And this was something that's been evolved over the course of honestly, probably eight years. I started it when I was really new into the business. I made this myself because I'm like, I don't even know where my money's going. How am I supposed to be able to make decisions? And I could not figure out why my overhead was so high. Now I can tell you exactly this is what we're spending every month. This is why we're spending it. This is what we want to do. This is where we're going. These are the numbers that we need to do.   It just gives you so much confidence, clarity. And so that's why I just love to share it and to help you. ⁓ I believe, like we said in the yes model, you as a person need to know where your vision is. Then we need to have your earnings and your profit where it needs to be. And then we need to figure out the systems and team development to support all of those pieces. And that's what we love. It's what I'm obsessed with. So reach out, ⁓ even if you're like, I don't know. I don't know if I'm a good fit. Let's just have a call. It's literally no commitment, no stress.   just clarity and confidence to get you the momentum that you deserve. So reach out Hello@TheDentalATeam.com. Go fall in love with numbers and spreadsheets. And as always, thanks for listening. I'll catch you next time on the Dental A Team Podcast.  

Send us a textWhat if you could pay your kids a salary, take a business deduction, and teach them real financial skills at the same time? In this episode, Mike Jesowshek, CPA, explains how to legally hire your children in your business, what the IRS actually allows, and how to do it correctly so you avoid audits and penalties.You'll learn the rules for paying your kids under age 18, how to document their work, how much you can pay them tax-free, and how this strategy can double as a wealth-building tool through Roth IRAs.

Most small businesses don't fail because of bad products or poor marketing—they fail because owners don't understand their numbers. In this episode, Tiffany breaks down the real reason nine out of ten businesses crash and what you can do to avoid becoming one of them. You'll learn how to read your income statement, balance sheet, and cash flow statement without the CPA jargon. We'll cover the difference between revenue and profit, why cash flow matters more than sales, and how simple money decisions can change everything. Whether you're new to business or scaling fast, this episode will help you make smarter financial choices and build real wealth. Don't just work harder—get smarter with your money. Hit play now.   Next Steps:

Law Firm Owner Year-End Tax Hack #2

Ever wonder what the numbers really look like behind a pool service route? We pull back the curtain with a clear, practical breakdown of a 45-pool operation charging $185 per month, then map the journey from gross revenue to true take-home pay. You'll hear how recurring service, tight expense control, and smart tax choices can turn a four-day workweek into roughly $5,000 in monthly net income without 12-hour days or constant upsells.We start by setting a realistic model: no side repairs, just weekly service across a compact route. Then we stack the actual costs—chemicals, tools, office needs, licensing, insurance, the odd rental truck—and square off the big decision between the standard mileage deduction and actual vehicle expenses. From there, we explore entity choices (LLC, corporation, or sole proprietor), why audit risk differs, and how a trusted CPA can help you plan quarterly taxes, time purchases, and evaluate whether to put a spouse or first hire on payroll. Along the way, we talk clean books, mileage apps, home office rules, and the long-term benefits of reporting income for financing, Social Security, and eventual route valuation.The best part is scalability. Once your processes are dialed, adding accounts or a technician can grow revenue faster than your personal hours. Route density, predictable billing, and bulk purchasing create leverage that many service trades struggle to match. If you're weighing a jump into pool service or deciding how to price and structure what you already run, this breakdown gives you the numbers, the strategy, and the confidence to build a durable, profitable business.If this helped you see the business more clearly, follow the show, share it with a fellow pro, and leave a quick review—then tell us the one number you most want to improve next.Send us a textSupport the Pool Guy Podcast Show Sponsors! HASA https://bit.ly/HASAThe Bottom Feeder. Save $100 with Code: DVB100https://store.thebottomfeeder.com/Try Skimmer FREE for 30 days:https://getskimmer.com/poolguy Get UPA Liability Insurance $64 a month! https://forms.gle/F9YoTWNQ8WnvT4QBAPool Guy Coaching: https://bit.ly/40wFE6y

Get your FREE 7 Pricing Essentials for CPAs and EAs here:https://geraldinecarter.com/7Ever wonder what it really feels like to let go of a third of your clients?It's not spreadsheets and strategy.In this episode, Jan Schaffner, EA, shares how hard it was to release clients she genuinely cared about—and the fear that no one would stay or pay more.But when she finally did it, the reaction surprised her: the clients who valued her most were the ones who stayed.This episode is an honest look at what it takes to make space for better work, a calmer firm, and—finally—Sundays off in tax season.…Link to full shownotes: https://www.businessstrategyforcpas.com/372…Want Pricing Essentials?If you feel trapped by your own accounting firm, it's not because of the work – it's how you've priced the work. Too many accountants are stuck in undercharging, overdelivering, and people-pleasing cycles. Break the pattern with my short PDF guide: 7 Pricing Essentials »It's free and you can read it in 5 minutes.I want to help you get your prices up without losing loyal clients.  …Want client interviews?310 From Exhausted to Having Her Life Back: Wendy Norman, CPA304 From 55 Down to 15 Hours; Same Take-Home Pay with Melissa Downs, EA293 What it Takes to Work 15 Hours per Week with Erica Goode, CPAComplete list:geraldinecarter.com/client-interview-episodes…Connect with Jan:https://www.schaffnertaxsolutions.com/…FOUR ways I help overworked CPAs go down to 40 hours without losing revenue or hiring:THE EMAIL COURSE – Freegeraldinecarter.com/stop-working-weekendsStop Working Weekends will teach you how to reduce your hours without giving up revenue. THE BOOK – $9.99geraldinecarter.com/bookDown to 40 Hours – A Roadmap for CPAs to End Overworking Without Losing RevenuePEAK FREEDOM COMMUNITY – $197/mogeraldinecarter.com/peak-freedomFor solo and small accounting firm owners who want to rise above the insanity of hustle-cultureDOWN TO 40 HOURS ACCELERATOR – $995/mogeraldinecarter.com/40For the overworked CPA at multiple six figures of revenue who is ready to stop working weekends, wants to implement overdue changes, and doesn't want to do it alone. You'll make progress faster and with more confidence. … Get your FREE 7 Pricing Essentials for CPAs and EAs here:https://geraldinecarter.com/7

This episode of the Art of Dental Finance and Management addresses ways dental professionals can recognize burnout and fatigue and outlines strategies for supporting well-being in the workplace. Recent studies show that 40–67% of dentists experience anxiety, making mental health a critical topic in the profession. In this episode of The Art of Dental Finance and Management, host Art Wiederman, CPA, sits down with Dr. Eric Johnson, DDS, D.Ed., to share his personal journey through burnout after acquiring his dental practice. The two delve into the warning signs that often go unnoticed — social withdrawal, persistent fatigue, growing cynicism, and high staff turnover. Dr. Johnson reflects on how these challenges shaped his perspective and offers practical strategies for recovery, including counseling, journaling, goal setting, and prioritizing physical activity. Drawing on his experience as the founder of Leaders in Dentistry — a group dedicated to advancing conversations on leadership and well-being — Dr. Johnson explains why strong leadership, cognitive reframing, and team support are essential for creating a healthier, more positive workplace culture. This episode provides valuable insights for dentists navigating similar challenges and offers actionable steps to protect both personal well-being and professional success.

Lisa Haynes shares her journey from a successful career in accounting to retirement and beyond. She discusses the challenges of transitioning into retirement, the importance of maintaining physical and mental activity, and the need for a plan to navigate this new phase of life. Lisa emphasizes the significance of legacy, personal growth, and the joy of helping others find fulfillment in their retirement years. Through her experiences and insights, she inspires listeners to embrace retirement as an opportunity for reinvention and purpose.Lisa J. Haynes is a former Chief Financial Officer, author,and CEO of Haynes Executive Solutions. After more than 30 years in finance and leadership—including serving as CFO of the Mortgage Bankers Association and senior roles at Fannie Mae and John Hancock Financial Services—she stepped awayfrom the corporate world to focus on helping others navigate life's biggest transitions with clarity, confidence, and purpose. A licensed CPA and Chartered Financial Consultant with dualcertification as an Executive Coach and Retirement Coach, Lisa blends deep professional expertise with a passion for personal transformation. Her boutique firm now supports individuals and organizations through executive coaching,retirement strategy, and financial consulting. Her latest book, Retired and Killin' It, challenges outdated ideas about aging and offers a bold, practical roadmap for turning retirement into a powerful new beginning. With her KILLIN IT formula, Lisa helps people embrace the psychological, emotional, social, and financial sidesof retirement—living with joy, legacy, and renewed purpose. Whether she's coaching, speaking, or writing, Lisa is knownfor her authenticity, sense of humor, and belief that reinvention is always possible. Beyond her work, she treasures her roles as a wife, mother, grandmother, and woman of faith. Get In Touch With Lisa:Website: www.retiredandkillinit.comFacebook: www.facebook.com/retiredandkillinitIG: @retiredandkillinitLinkedIn: https://www.linkedin.com/in/lisa-j-haynes-cpa-mba/

In this episode, Andrea and David sit down with Jharid Pratt, CEO of Granite Peak Veterinary Advisors, a CPA firm dedicated exclusively to veterinary hospitals. Together, they explore the complexities of major financial transactions, discuss strategies for streamlining back-office operations, and highlight the value of proactive, hands-on advisory support. Emphasizing the importance of collaboration and shared success, Andrea and David underscore the firm's commitment to helping every practice achieve its tax and financial goals—while hinting at something exciting in store for executive and leadership teams within veterinary hospitals. So, grab your coffee or pour a glass of wine, and join us for an engaging conversation. Stay happy and sane!

Want to work together? I offer financial planning & investment management services. Learn more or schedule a call at https://www.assistfp.com/

Big Tech Layoffs 2025: What Families Need NowLayoffs are not headlines. They are households. In this episode Andrew Nida and Moise Piram break down who is cutting, what it means for income, how AI and tax policy shape the moment, and the exact steps to take if you are laid off or think you might be next.What you will learn• Where the cuts are happening and why this wave is different• Typical pay for impacted roles and what the income hit looks like tomorrow• How AI spending and current R and E expensing rules affect hiring and investing• The Get Skinny Plan for days one to three and beyond• Smart moves on cash flow, health coverage, portfolio risk, and job pipelineSubscribe for weekly guidance on financial planning, tax planning, and wealth management tailored to high earners and everyday millionaires.Follow us onX.com: https://x.com/AMGinc_ATLInstagram: https://www.instagram.com/assetmanagementgroupinc/LinkedIn: https://www.linkedin.com/company/amgincatl/Facebook : https://www.facebook.com/beyondtomorrowpodcastWebsite: https://www.assetmg-inc.com/YouTube: https://www.youtube.com/@assetmanagementgroupincTikTok : https://www.tiktok.com/@assetmanagementgroupincBlog: https://www.assetmg-inc.com/blogDisclosureEducational content only. Not tax, legal, or investment advice. Tax laws can change. Consult your CPA or advisor about your specific situation.#Layoffs2025 #FamilyFinance #WealthManagement #CashFlow #HighEarners #EverydayMillionaires #FinancialPlanning #TaxPlanning #AIEconomy #JobSearch #Unemployment #Severance #HealthInsurance #COBRA #MarketplacePlans #Investing #RiskManagement #RetirementPlanning #PortfolioStrategy #TechCareers #CareerPivot #IncomeProtection #RecessionProof #MoneyTips #Budgeting #DebtManagement #SideIncome #financialliteracy Asset Management Group,Nida financial,tech layoffs,layoffs,amazon layoffs,job market,tech jobs,business news,mass layoffs,job search,ai,jobs,finance news,stock market,Big Tech Layoffs 2025,breaking news,microsoft layoffs,financial planning,personal finance,financial advisor,amazon,google ai,ai news,football highlights,artificial intelligence,ai tools,ai explained,stock market news,FOX NEWS,ABC NEWS,NEWS TODAY,CNBC NEWS,NEWS LIVE,PODCAST

Hear inspiration on fostering positivity, building contagious energy, and empowering both yourself and those around you!Welcome to another uplifting episode of Empowering Entrepreneurs! In today's conversation, Glenn Harper and Julie Smith talk about the transformative power of gratitude—especially for entrepreneurs. With Thanksgiving just around the corner, our hosts explore how shifting your mindset from “I have to” to “I get to” can completely change your outlook on both business and life. They share personal stories, practical advice on daily gratitude practices, and a reminder to pause, reflect, and celebrate all that you've achieved this year. Plus, there's a little talk of football, feasting, and embracing those well-deserved moments of rest.This episode is brought to you by PureTax, LLC. Tax preparation services without the pressure. When all you need is to get your tax return done, take the stress out of tax season by working with a firm that has simplified the process and the pricing. Find out more about how we started.Some key takeaways from our conversation:Shift Your Perspective: Swap the “I have to” mindset for “I get to.” Viewing daily tasks as opportunities rather than obligations transforms both your mood and your leadership energy.Pause and Reflect: Taking intentional time (even on Thanksgiving!) to rest, veg out, and reflect helps you appreciate how far you've come—and what's to come in the year ahead.Contagious Positivity: Positive energy rooted in gratitude is infectious. It improves your day, uplifts your team, and attracts others to you—personally and professionally.Running a business doesn't have to run your life.Without a business partner who holds you accountable, it's easy to be so busy ‘doing' business that you don't have the right strategy to grow your business.Stop letting your business run you. At Harper & Co CPA Plus, we know that you want to be empowered to build the lifestyle you envision. In order to do that you need a clear path to follow for successOur clients enjoy a proactive partnership with us. Schedule a consultation with us today.Download our free guide - Entrepreneurial Success Formula: How to Avoid Managing Your Business From Your Bank Account.Glenn Harper, CPA, is the Owner and Managing Partner of Harper & Company CPAs Plus, a top 10 Managing Partner in the country (Accounting Today's 2022 MP Elite). His firm won the 2021 Luca Award for Firm of the Year. An entrepreneur and speaker, Glenn transformed his firm into an advisory-focused practice, doubling revenue and profit in two years. He teaches entrepreneurs to build financial and operational excellence, speaks nationwide to CPA firm owners about running their businesses like entrepreneurs, and consults with firms across the country. Glenn enjoys golfing, fishing, hiking, cooking, and spending time with his family.Julie Smith, MBA, is a serial entrepreneur in the public accounting space. She is the Founder of EmpowerCPA™, Founder of PureTax, LLC, COO for Harper & Company CPAs Plus, and Co-host of the Empowering Entrepreneurs podcast. Named CPA.com's 2021 Innovative Practitioner of Year, Julie led Harper & Company's transition to an advisory-focused firm, doubling revenue and...

CAUTION: Tax season is quickly approaching. We know that it can be shocking to see a huge or unexpected tax bill, and this time of year, it seems like everyone is advertising a way to save. How can physicians like you know if these methods are legit or a good idea? Nate Reineke and Chelsea Jones break down some of the ways you may be able to save on taxes throughout the year and what accounts could offer you tax savings. We also talk about ways you could lower your “lifetime tax bill.” We also answer your colleagues' questions. A Cardiologist in Oregon says, “As I approach my retirement date, what should I be doing to optimize my taxes for the near future?” Another cardiologist in Oregon asks, “I am retiring next year, and we plan to downsize. If we have to buy the smaller house before our current house sells, should we liquidate part of our portfolio to pay for it/ have a sizable down payment?” An Orthopedic surgeon in Illinois was just reading a story that, in the future, catch-up contributions to our 401(k) will have to be put into a Roth. They are pretty sure their company does not offer a Roth. In the event that their company does not offer a Roth, can they just put those into my Betterment Roth? A Family Med doctor in California is having trouble with their CPA. They ask, “Should I just do my own taxes, or do I need a tax professional?” Are you ready to turn worries about taxes and investing into all the money you need for college and retirement? It's time to make a plan and get on track. To find out if we're a match visit physicianfamily.com and click get started or, you can ask a question of your own by emailing podcast@physicianfamily.com. See marketing disclosures at physicianfamily.com/disclosures

EPISODE 623 - Bonnie Moore - Buried Bones - A Maggie Anderson Mystery - When a vacation turns deadly, justice is servedAbout the authorBonnie Moore is a semi-retired attorney, accountant, management consultant, and Golden Girls Network's founder. A former senior consultant at a CPA firm in Washington, D.C., she developed financial processes and investigated improprieties in governmental organizations. Her self-help book "How to Start a Golden Girls Home," earned widespread media coverage in 2015. An avid traveler, Bonnie has explored remote corners of the world, from archaeological digs in France to a safari in South Africa.In 2017, she retired to Utah to be near family and pursue her dream of writing, resulting in her debut novel, "Buried Bones."Book: Buried BonesA murder in small-town Utah, a town full of secrets, and a retired prosecutor's determination to expose the truth-can the killer's identity be revealed before a family with hidden secrets and everything to lose stop the prosecutor?While vacationing in the mountains east of Ogden, Utah, retired prosecutor Maggie Anderson learns about the discovery of Audrey Stillman's body buried near the home she once shared with her former husband, Ben. Maggie witnesses Ben threatened by a gang of local cowboys and the town quickly blames him. Haunted by her past failure to save another innocent man, Maggie offers Ben help and begins investigating.As she delves into the case, Maggie uncovers ties between Audrey's murder and the influential Stevenson family, who control much of the town's political and economic life. It's discovered Audrey was pregnant when she died, and Maggie suspects the father may be the killer. But the deeper Maggie digs, the more secrets she uncovers-secrets that certain powerful people will go to great lengths to protect.With help from the district attorney and her growing connection to her friend Robert, Maggie secretly collects DNA sampleshttps://www.bonniemoorebooks.com/Support the show___https://livingthenextchapter.com/podcast produced by: https://truemediasolutions.ca/Coffee Refills are always appreciated, refill Dave's cup here, and thanks!https://buymeacoffee.com/truemediaca

The Hidden Retirement Cost Nobody Warns You About: IRMAA Exposed**Schedule your free virtual consultation

Joe Anderson, CFP® and Big Al Clopine, CPA spitball withdrawal strategies, Roth conversion timing, and saving priorities for every stage of life, today on Your Money, Your Wealth® podcast number 555. Christine just retired at 59 and wants the smartest way to draw income before Social Security, without letting taxes take a third of it. Prickly Richard and Margarita Maggie have a plan to "pull ahead" some Roth conversions now to dodge an RMD avalanche later. Will it work? And the Michigan Queen and Mississippi Boy are wondering whether to save harder for retirement or college for three kids currently under the age of 5. Free Financial Resources in This Episode: https://bit.ly/ymyw-555 (full show notes & episode transcript) Tax-Free Retirement Guide - NEW! Free download How To Retire Tax-Free With A Smart Income Plan on YMYW TV Financial Blueprint (self-guided) Financial Assessment (Meet with an experienced professional) REQUEST your Retirement Spitball Analysis DOWNLOAD more free guides READ financial blogs WATCH educational videos SUBSCRIBE to the YMYW Newsletter   Connect With Us: YouTube: Subscribe and join the conversation in the comments Podcast apps: subscribe or follow YMYW in your favorite Apple Podcasts: leave your honest reviews and ratings   Chapters: 00:00 - Intro: This Week on the YMYW Podcast 00:53 - I Retired at 59. What's My Best Retirement Withdrawal Strategy Before Social Security at 62? (Christine) 13:50 - Should We Do Roth Conversions Before Being Hit With the RMD Avalanche? (Prickly Richard & Margarita Maggie, Tucson, AZ) 26:20 - Saving for Early Retirement at 55 vs. Saving for Kids' Future (Michigan Queen & Mississippi Boy, TN) 39:53 - Outro: Next Week on the YMYW Podcast

Law Firm Owner Year-End Tax Hack #1

CPA Michael Uadiale reveals how to pay less tax legally using his DECIDE framework and how real estate investors can turn taxes into a wealth-building tool.In this episode of RealDealChat, Jack Hoss interviews Michael Uadiale, founder of SMAD CPA, who believes taxes are a tool, not a trap. Michael explains how proactive planning — not compliance — is the key to wealth preservation and how his DECIDE Framework helps entrepreneurs and real estate investors dramatically reduce taxes legally and ethically.Michael shares his journey as an immigrant CPA, how he discovered the flaws in “compliance-only” accounting, and why most business owners are overpaying the IRS by tens of thousands every year. He also dives deep into strategies for maximizing deductions, income shifting, entity selection, and turning real estate into a tax-free wealth machine.What you'll learn:Why the IRS isn't your advisor — and how to use the tax code to your advantageThe 6-step DECIDE Framework for proactive tax planningHow to hire your kids and shift income legallyHow to qualify for powerful home office deductionsWhy real estate investing is the ultimate tax shelterHow cost segregation unlocks massive savingsUnderstanding deductions, credits, and deferralsThe mindset difference between wealthy and average taxpayersHow AI is reshaping the CPA profession and increasing productivity

BOSSes, Anne Ganguzza is joined by Danielle Famble and special guest Jennifer Clark (Host of Human Kindness at Work podcast) for a Boss Money Talk Series crossover episode. They explore the profound impact of charitable giving. This episode demonstrates that giving—whether time, money, or relationships—is not just good for the soul; it's a strategic act that combats hopelessness, strengthens local ties, and creates powerful networking opportunities for your voiceover business.   00:01 - Anne (Host) Hey guys, Anne Ganguzza here. Imagine a voiceover journey where every step is filled with discovery and growth. That's the path I want to work on with you, through nurturing coaching and creative demo production. Let's unveil the true potential of your voice together. It's not just about the destination, it's about the gorgeous journey getting there. Are you ready to take the first step? Connect with me at anneganguzza.com.  00:32 - Speaker 2 (Announcement) It's time to take your business to the next level, the boss level. These are the premier business owner strategies and successes being utilized by the industry's top talent today. Rock your business like a boss a VO boss. Now let's welcome your host, anne Ganguza.  00:51 - Anne (Host) Hey, hey, everyone, welcome to the VO Boss podcast and the Boss Money Talk series. I'm your host, Anne Ganguza,z and today's show is a very special crossover moment. I'm joined by my regular Boss Money Talks co-host, Danielle Famble, financial strategist, voice actor and the person who keeps our boss business brains sharp. Yay, yay, hey, Anne, hey, and we're teaming up with the amazing Jennifer Clark, a powerhouse voice actor and the host of the Human Kindness at Work podcast. Today, we're going to talk about the power of giving, how it fuels mental wellness, strengthens our brand and builds real community in the voiceover world and beyond. And we'll also be talking about 100 Voices who Care, which is a charitable organization led by these two powerhouses that supports local communities by combining donations to impact local charities. So let's get into it, ladies. Thank you so, so much for joining me today. Thanks for having us.  01:48 - Speaker 4 (Host) Anne.  01:48 - Anne (Host) Yay, I'm very, very excited to talk to you guys about this, because I think this is something that it exists and every time there seems to be, let's say, possible issues in the community or you know people that need help, we get those GoFundMes, we get people who talk about, you know, donating to charities and stuff like that, and I think it's something that we need to really talk about more, about how it can affect us in a positive manner and also how it can affect our businesses. So let's maybe start by talking about the psychology of donating and giving. And, jennifer, I know, in your Human Kindness podcast you which is wonderful, by the way, guys, you absolutely must tune into that you talk to people all the time about giving and human kindness, and so what are your thoughts about you know, what are the benefits of giving?  02:43 - Speaker 4 (Host) Well, I'm not a doctor, but I can speak as someone who has been, you know, intentionally giving for most of my life, and as I'm talking to guests who are really active in their community and showing human kindness at work. What I see in myself and in people that I'm talking to is that it does something for our mental health. It's really easy to look at the world, especially right now, and you wake up every day and there's another crazy thing going on. The world is constantly on fire and it's really easy to get depressed fast. I mean, that's the fastest ticket to depression, right? Just read the news, right and we lose sight of all the really good things that are going on in the world. We lose sight of the really good people that there are.  03:36 Being a part of giving is like linking arms and finding all those people in your local community and the world at large that are doing the work. They're trying to bring change, and it's really uplifting. It's one of those things I don't know what it's called, but it's kind of like when you're looking for something you know when I wanted to buy a new vehicle, I had never seen anybody drive this vehicle and then all of a sudden, when I was like I want a Volkswagen Atlas. I saw it everywhere, Absolutely everywhere. And it's the same with giving. When you look around and you're like man, nobody is doing anything, Nobody is getting involved. In my community, Nonprofits are suffering. But then you start getting involved, you will make connections like crazy and you'll start seeing all of the good and it is so uplifting. It really does change your perspective.  04:34 - Anne (Host) Oh, absolutely I can imagine, because, especially now, just with the craziness, as you mentioned, of the world, and there's a lot of times when I will open up my social media and then, oh my goodness, just start reading or the news and I just start to feel hopeless and what can I do? What can I do? First of all, to feel, because it's making me feel bad and not like I don't know, functional in a lot of ways, and I want to be able to help and I don't know how to help. And I think this is one way that we can focus on something that can absolutely make a big difference in our lives and, of course, other people's lives as well, and to be able to connect with people who are doing good in the world. That gives me hope.  05:25 - Speaker 4 (Host) And I think sometimes we look at problems and it's so overwhelming and we think we have to reinvent the wheel, Like oh. I got to start a nonprofit or fix the solution. There are already boots on the ground that are doing work. So making a difference, giving of yourself your time, your resources, your energy, doesn't have to be hard. It's just a matter of finding something that you want to give yourself to, and don't reinvent the wheel, just join into the good work that's already going on. Yeah.  05:56 - Speaker 3 (Host) It kind of reminds me of that.  05:57 I think the quote is attributed to Mr Rogers, or maybe Mr Rogers did the quote from someone else, but the look for the helpers quote I was.  06:07 I was speaking with a friend of mine who we were both sort of commiserating about what was going on in the world and how frustrating it is, you know, with money being pulled from certain social organizations and that's their lifeline, and she worked for one of those organizations and she was like of those organizations and she was like you know, we can get upset about it, we can get mad about it, we can feel hopeless about it. Or you can look for the helpers. You can look for the people who are out there like you said, jennifer boots, on the ground doing the good work, and it changes your psychology to see, okay, these are the possibilities, this is what's out there, these are the people who are already doing the work. How can I help them? And when you can look at that and you can find that pattern, recognition of people helping the helpers, then you can figure out how you can put your hand behind the plow and do something too.  06:58 - Anne (Host) What do you think are the things that stop people from either looking for this or from donating? And, of course, I think one of the biggest things that people will say is but I don't have any money. I don't have the money to donate. I can barely keep myself surviving in today's world. What do you say to that?  07:17 - Speaker 4 (Host) I would say we have to look beyond just finances. Financial giving is really important, especially for local nonprofits, but we have so much to give. You have to look at yourself as a whole. So you have energy, you have time, which I think are your two greatest resources, and you have money. You have relationships. So, looking at those four areas of your life, where can you give in those time, energy, money, relationships? And if you really are, I've been in times of your life. Where can you give in those time, energy, money, relationships? And if you really are, I've been in times of my life I am strapped for cash. You know, my husband was unemployed a few years ago, like it was super tight. So I get it. There are legitimate times that you don't have any extra money, but you still have time, energy relationships that you can give to.  08:19 - Anne (Host) So I would say look at that whole picture, not just your pocketbook their energy or their relationships because I love that you mentioned relationships too, because connecting with people who may have at the time the financial resources to help or other methods and sources to help is also a wonderful way to give back.  08:40 - Speaker 3 (Host) Yeah, social capital is a huge one because you never know what that connection that you are making between two people or groups or organizations, what that will do and that will yield in their life.  08:54 So that's a huge one, even looking outside of the box.  08:58 I was just reading a story about a woman who was at a park with her kids and noticed that there were some kids who didn't seem like they were being attended to by an adult and, instead of making an assumption, what she decided to do was essentially just take care of those kids for a little bit of time.  09:16 And she was offering her time as a resource, as essentially child care, and not making an assumption about what was happening with the parents or anything else in their situation. She was like, ok, I'm a safe place, I'm a safe person and I can provide some, some respite for these parents who may be further away, who need a little bit of time away. And she did that and that was her way of giving back. And she, when she was explaining it to me, or when she was explaining it and I was reading about that story it's not something I think that people think about off the top of their head Like, oh, this time that I have, or the ability to care, is a resource like do an inventory and audit of what you've got, what you are willing to give, what you are able to give, and then figure out a way that you can creatively if it's not financially a creative solution that you can provide for people who need it.  10:11 - Anne (Host) Yeah, I have a neighbor who literally just got an email this week. She typically in the summer she goes to the East Coast to stay in her home over there with other family and she offered her home to a family who had just lost theirs in the fire and the recent fires in California and you know a family that you know it was complete strange to her. And she wrote us an email and said hey guys, I'm offering my place for this family to stay for the month while I'm away on the East Coast, and they recently lost their home in a fire and would you mind welcoming them? Because not only did they lose their home but they lost their community, and so I think that, as a sense of community, would be really wonderful if you could help welcome them. And it was amazing to see the thread in that email, because all of us responded and said oh yeah, come to happy hour on Saturday, or hey, we were playing bunco or whatever it is. Come, I'll pick you up and take you over there and introduce you to everybody. And I just it was such a wonderful thing and I thought there you go, there's something that didn't really cost any money and it was something with the whole community getting together. It was just something really wonderful to see, especially like, yeah, I've had a stressful week Really wonderful to see, especially like, yeah, I've had a stressful week. And to be able to like, all of a sudden, get an email like that and then see the community come together and give it just was really a wonderful thing. And I just I think now I'm like I want to start a podcast and I want to be Jennifer, I want to be Danielle, because I know you guys also are leading the 100 Voices who Care, which we'll talk about in just a minute, because 100 Voices who Care is a wonderful organization that was a longtime sponsor of the VO Boss podcast, so I'm excited to talk about that.  11:58 So I love that we just came up with all of these ideas, because I think the number one excuse why people think that they can't give is the fact that they don't have any extra financial support, that they can, that they can donate Awesome. So let's talk about so we've got a lot of benefits where it, first of all, it makes us feel good, right, we're helping somebody else. It can give us hope in a, in a, in a place, in a world that might seem hopeless at the time or just frustrating. Might seem hopeless at the time or just frustrating. So let's talk about as businesses. How can giving help maybe our businesses and I don't like to think that it's like, oh, I want to just help my business. It's not I don't know if that's like the foremost reason that I want to give, but hey, if I am giving and I'm able to help others and I feel good about that, know that also. It can, it can positively affect our businesses as well. So, danielle, what do you think about that?  12:53 - Speaker 3 (Host) Yeah, no, there are so many ways that it can affect and help your business. One way and you know we'll think about it from financially, because you know I like to talk about money.  13:02 - Speaker 2 (Announcement) Of course.  13:04 - Speaker 3 (Host) When you can give to businesses, you can get some sort of tax benefit as well at the end of the year.  13:10 So financially, if you're giving to a 501c3, you can write that off against your taxes at the end of the year in some cases. So that's one financial way that it can help, but also in the social capital as well. When you're out and you're meeting people who you can help or who you'd like to support, the organizations you'd like to support, it's a great way to meet other like-minded people and maybe other like-minded businesses, organizations that I enjoy supporting in my local organization, and I got to meet a ton of local business leaders and they got to know who I was and I was like the first voice actor they had ever met which was an interesting conversation.  13:57 So there are ways to meet other people and engage in just community building, especially locally, because we are local businesses as well as global businesses doing what we do in voiceover. But there's also a financial benefit too building especially locally because we are local businesses as well as global businesses doing what we do in voiceover. But there's also a financial benefit too.  14:12 - Anne (Host) And isn't that honestly like? Isn't that one of? Like the one on ones of how do I get work in the voiceover business? Right, One is OK, so we maybe try to join a roster, we try to get an agent, and then there's we'll go to your local chamber of commerce, Right? Think of this type of thing, Think of you know the possibilities of charitable donations in terms of networking, because it's all about the relationships and, as a matter of fact, a lot of the ways that we get and secure and keep jobs to keep our businesses alive and successful is through relationships. And what better relationship? Not only something that makes you feel good that you've done something to help somebody else, but also the possibility of maybe networking with people who can also support your business. Jennifer, I'm sure you've spoken to many people in your podcast also that have been able to help their business and or other local businesses. Talk about that.  15:11 - Speaker 4 (Host) Well, I'll give you an example. Someone that I interviewed a few months ago was a local nonprofit here in Kansas City called Foster Light and they provide wraparound care for foster families and I loved their mission so much that I was like they had a gala coming up, a fundraising gala, and I was so compelled by their mission that I took my CPA's advice. She said you need to start spending money, and so I sponsored the gala and that was my first time doing that, but it was strategic because it was a mission that I loved and I was going to give to anyway. But I did it strategically so that then I'm advertising my business Right, right, and I'm supporting a mission that I love and I get networking opportunities. There was like for all the sponsors, there was like a meet and greet VIP happy hour beforehand, so I got networking and networking with like businesses, not just a normal attendee. So it was threefold and I thought I'm going to keep doing this because it was beneficial to me on all fronts.  16:18 - Anne (Host) So I have to ask your CPA said you need to spend some money, Jennifer. What was her reasoning behind that? And I'm pretty sure Danielle can answer that too, probably just off the cuff, without knowing. Yeah.  16:28 - Speaker 4 (Host) Why did you have to spend money? I've had a really good year. Ok, I love it, so I need to bring that taxable income down.  16:35 - Anne (Host) There you go, there you go. Yes, see, I love it, I love it, I love it. Yeah, so lots of benefits.  16:42 - Speaker 3 (Host) And can I just jump on that just for a second, because it's so important and good for you, jennifer.  16:49 - Anne (Host) That's wonderful.  16:50 - Speaker 3 (Host) So really, that happens, it happens right. You have a wonderful year, you have a great year and typically what we'll do as voice actors is okay, great. We're going to go to voiceover conferences we are going to support and we're going to make sure that we give to other voiceover events maybe help with keeping the money in our community, which is wonderful and it's a great tax write-off. I like to joke. I like business travel, right, I like to travel for business with these conferences and everything else. But this is another way that you can have that same kind of effect financially for your business. But you're also doing good and networking in your local communities, and the idea again for businesses is to try to create profit, right, and so if you're networking with people who potentially could hire you for voiceover work or think of you for connecting with other people, that's another way to help do good in the world, do a whole lot of good in the world.  17:47 - Anne (Host) And actually, if you don't mind, I want to tag team on that and say that a lot of times when I would go to the Chamber of Commerce, right, it was mostly other businesses just trying to hook up so that we could make money off each other, and it was never. It wasn't always as successful as I wanted it to be. But if you're meeting for another reason, if you're meeting at a charitable organization, you know you're meeting with people who are wanting to give or have the ability to give, and that's a completely different reason to have a good networking connection as opposed to let's just network because we want to try to get work from each other. So that is one big major difference. That is one big major difference. So I really feel like it can be advantageous or strategic to to really get more involved with, with a charitable donation or that community You're finding like hearted.  18:36 Yes, yes.  18:38 - Speaker 4 (Host) Absolutely, and those people are more likely to hire you because it's like hey, we love the same mission, you're a giver, I'm a giver, let's do business together. I would much rather do business with someone like that than some random business.  18:53 - Anne (Host) So here's something, because I know people they feel timid if they don't have a lot to give, right? There's people I mean, if you can give up your, everybody says, if you can give up your Starbucks, right, one Starbucks a day. You know you're able to give. So what advice would you give to someone who wants to give back but feels like they can't, they're not giving enough or it's too little and they're embarrassed. You know what I mean and it's not like, oh, I'm not making a sizable contribution.  19:19 - Speaker 4 (Host) I mean I'd say, first of all, don't compare your giving to anyone else's giving. You really have to put your blinders on in life and run in your own lane. So whatever you are able to do, do that wholeheartedly and don't compare your giving to danielle's giving or my giving or anne's giving um, this is your life and your time, your money, your energy, your relationships and you, you gotta do what's what's right for you.  19:49 - Speaker 3 (Host) And measure it with your heart right. Like, your heart is to give, no matter the size of the gift, your heart is to do something good in the world. That's your intention. So the amount of money is really at that point, it's not really as important as the fact that you saw a need, you wanted to give something and you gave of. You know what you had which could be a greater sum than the amount that someone else gave. So really look at that from a place of like I'm giving everything that I have, this is all I've got to give, this is what I can afford to give. If it's a monetary amount and that is immeasurable you can't measure someone's desire in that way. So look for where you can do the most impact with that amount of money or just give it because that's what your heart said to give.  20:41 - Speaker 4 (Host) And I think if we all just sit on our hands and use that as an excuse like, well, I only have the $7 giving up my Starbucks this week to give, if we all just wait on that, then nothing happens. Change doesn't happen.  20:55 - Anne (Host) Okay, possibly the elephant in the room, because sometimes, like I said, people feel pressured, right? Sometimes people feel pressured to give and then when there's a place to give where they see like, oh, so-and-so just donated $1,000. And then you might be looking at it going well, I don't have $1,000. So should I put my name there? What are your thoughts on that Name anonymous? I think there's benefits and there's pros and cons to both. To be quite honest, I think that it's really a personal choice.  21:27 - Speaker 3 (Host) I mean, this entire topic giving is so personal because it's tied to your desire to do something good in the world and to help in a way that you are able to help. So if it feels right to you to put your name on it and say this is what I gave and this is what I was able to give, and I'm proud of that and I want to put my name on it, great. If you want to not have your name on it, I've given, and given completely anonymously because it felt like the right thing to do for me, anonymously, because it felt like the right thing to do for me.  22:01 That was just the choice that I made at that time, so I don't think that it. Please try not to in this way. As Jennifer was saying, please keep your blinders on. Please understand that your reason and your why for giving is the reason to give, whether it's anonymously or with your name on it. And another way, even if you feel like maybe you're not giving a lot of money, whatever that number is for you, what you can do is you can team up with other people and combine your gift to make it a larger gift, which is what we do with 100 Voices.  22:29 Who Care?  22:30 - Anne (Host) What a wonderful segue into one of the reasons why I love this organization 100 Voices who Care. Talk to us a little bit about the organization, and I think it actually kind of just really leads itself nicely after the conversation we just had, because you don't have to, you don't have to give a lot, but together it makes a huge difference. So talk to us a little bit about 100 Voices who Care. What's it all about?  22:53 - Speaker 4 (Host) Well, there are a lot of groups in the voiceover community that we join to get something right, like health benefits, vo workouts, accountability for your business, etc. Those are all wonderful and needed, but 100 Voices who Care? Is a group that you join to give. We are a group of voice actors who are changing our communities through our collective generosity. So we meet once a quarter. Virtually. Each member commits $100 per quarter and we also bring to that virtual meeting a local nonprofit that we want to nominate and we choose three to five local nonprofits to members to pitch those nonprofits. We vote via the poll on Zoom and then whichever nonprofit wins our majority vote receives the entire donation from all the members, it can mean up to, I believe, $10,000.  23:57 - Anne (Host) Is that correct? So, collectively, right, if you have 100 people that are joined, it can mean $10,000 for that local organization that you want to support.  24:06 - Speaker 2 (Announcement) Per quarter, which is amazing.  24:07 - Anne (Host) Yeah, oh, per quarter. Yeah, thank you for correct me. My financial boss over there, thank you, I love it Just keeping you in line. Yeah, I love it Just keeping you in line. Yeah, I love it because you may think that your $100 isn't really doing a lot, but in reality, when you combine it with the community, I mean that is amazing. I mean that's per quarter to help an organization and that is something I think you can be proud of. And the fact is is that not only are you helping a local organization to do good, but you're also networking with like minded voice actors. So not only are you like minded in your maybe in charities that you support or you know ideals that you support, but also your voice actors as well. So there's so many benefits to that, and I've always, always loved this organization, so I'm so glad that the two of you are heading it up. So how does it work? How can people join this organization? And are they tied to a year, or are they tied? You know how does that work. So we.  25:09 - Speaker 3 (Host) the way it works basically is that we are open to any voice actor who wants to join our organization. We give through a third party called Grapevine. So Jennifer and myself, as we are the leaders of 100 Voices who Care, we're not touching any of the money. So you would join through Grapevine. We all get together and Grapevine is the one who takes our $100. Grapevine also will vet the nonprofit, that is, the organization that we would give the money to as the donation. We are not doing anything other than meeting, finding local organizations, pitching that organization to the greater group 100 Voices who Care and Grapevine really takes care of all of the nitty gritty of keeping our money, sending it out, vetting the nonprofit to make sure that everything is above board.  26:02 - Anne (Host) I was going to say I really, I really like that that they vet the organizations that you're giving to, because you vote right as a collective, you vote on who to give that money to, and so it may not have been your personal choice that maybe wins. And so you might feel like, well, you know where's this money going to and what are they doing with it. So I really love that you have a third party that's vetting. And is there somebody that vets grapevine? Do you know what I mean? Some people might have that question or talk about grapevine. Have they been? I mean, has this been around? How long has this been around? How long have they been working with this?  26:36 - Speaker 4 (Host) I don't know the answer to that. We've been with Grapevine from our inception, so we started in 2022. Oh.  26:42 - Anne (Host) OK, so it's been a good number of years yeah.  26:46 - Speaker 4 (Host) And we've always had a wonderful experience with them as far as that vetting process and they've got a great customer service as well.  26:54 - Speaker 3 (Host) So we have reached out to them just to ask questions about how to better facilitate. You know our group or what we could, who we could be giving our money to, and they answer us within a day or two days. We've even emailed back and forth with the founder of Grapevine, so they've been wonderful to work with and they've got great customer service as well.  27:20 - Anne (Host) So you've been doing this since 2022, is that correct? Yeah, so what are some of the organizations that have been helped by 100 Voices? Who Care?  27:29 - Speaker 4 (Host) Well, our very first recipient was called the Grooming Project. Now they're called Prosperity, but they're here in Kansas City. I had the privilege of pitching them. They are my favorite nonprofit in Kansas City. They're based here. They are the country's only nonprofit dog grooming school. In the entire country. They have this really transformative program that breaks the cycle of poverty through extensive job training within this booming industry of pet grooming. So their students are usually society's most vulnerable. They focus on single parents living in poverty. So these students not only learn the art of dog grooming but they learn life skills like budgeting and parenting, emotional regulation, things like that. So once they go through this two-year program, they graduate having a grasp on life, you know, and then they have this trade that they can make a real living in. So it is literal life change. My dog groomer went through this program. This is how I came to know Posparity. She was in the first graduating class and she was so successful that she managed the salon that they offer to the community at a low cost.  28:48 So that students get an opportunity to work on their trade and then it goes back into supporting this mission. But she managed that salon and then she was so successful that she bought the entire salon with Prosperity's Blessing.  29:04 - Anne (Host) That's wonderful.  29:05 - Speaker 4 (Host) Took all of the workers with her, with Prosperity's Blessing, and she has this thriving dog grooming business in the Casey Metro.  29:12 - Speaker 3 (Host) Oh, that's wonderful.  29:13 - Speaker 4 (Host) You know she, prior to this program, she was working multiple jobs, single mom of two, living in government housing. Her life is completely different and now she hires prosperity graduates in order to give back, so I love it. These are the kind of when you're when you're looking in your local community for a local nonprofit to bring to a 100 Voices who Care meeting. These are the kind of things that you get connected to.  29:41 - Anne (Host) This is.  29:42 - Speaker 4 (Host) I see Christine, my pet groomer. Pet groomer every six to eight weeks because I have a golden doodle and they need lots of grooming. I'm in her life now and there's just nothing like that to be connected to people in your community doing good work and giving back.  30:00 - Anne (Host) So how can people sign up for 100 Voices? Who Care if they're interested? I mean, do you have a period of time, that a special time that they sign up? Because you say you're giving quarterly, so I assume that there's another quarter coming up. Yeah, so there?  30:12 - Speaker 3 (Host) we have meetings every quarter. Our next meeting is going to be on November 17th and you can really sign up at any time, but the idea is that you would be coming to our next meeting. We ask that people are ready to pitch. You would also be getting that $100.  30:32 Great Fine, would be debiting that money and you can set up as a recurring payment through your credit card, but we ask that people are also, yes, ready to pitch, but also bring a friend, because we want to grow this to the 100 voices so we can get to our $10,000 per quarter. Absolutely, absolutely.  30:50 - Anne (Host) Now, do the people that join? Do you have to bring a local charity? Or, if you're not familiar, I think it's great because I feel like you should research. Or if you're not familiar, I think it's great because I feel like you should research charities yeah. But if somebody maybe not have any preference, is it something that you take care of or that's okay?  31:06 - Speaker 4 (Host) We ask that people research small, local nonprofits. It does not have to be local to you, oh okay, but we're just saying you know Red Cross, st Jude Research Hospital. They're doing great work, but they have huge donors, huge budgets. Everyone knows about them. So we want to find those nonprofits that are doing good work in local communities. So that can be anywhere, but we do ask that you do a little bit of research.  31:30 We have a really easy email template, so that once you find that nonprofit, you just email our template, fill in the blanks, email our template off. And there are people at these organizations whose job it is to answer these questions. You know, I think a lot of people feel like they're imposing or they feel weird asking these questions, but literally there are people who are, you know, doing applications for grants all the time. So they already have these answers ready to go and this template that we've made just makes it so easy for you to create a pitch, a nomination out of that. So, yeah, we just ask that you do a little bit of research We've made it as easy as possible and that you bring it to the meeting.  32:13 - Anne (Host) Great, when do they go to sign up?  32:16 - Speaker 3 (Host) They can go to our Instagram. There's a link in our Instagram where they can go to sign up and we just, you just take it from there and it'll take you to Grapevine, where you will sign up through Grapevine.  32:29 - Anne (Host) And bosses. I'll put that in the show notes for any of you and, of course, when we, when we promote the show, which we will be doing heavily we'll be putting that link in there as well. So last question, guys If a listener takes just one action after listening to this podcast, what would you want it to be?  32:46 - Speaker 3 (Host) Sign up for 100 Voices who Care. Join us, Use your singular give to be with a collection of people who really want to do good in our local communities. And you know, just join us with 100 Voices who Care.  33:01 - Anne (Host) Jennifer, because Danielle took yours probably.  33:03 - Speaker 4 (Host) Yeah well, I would just piggyback off of that to say if you're hesitant, if you're like I'm not sure that I'm ready to commit, just come check us out. We welcome guests in our Zoom meetings. Just come see what our collective generosity is all about, what that looks like. The Zoom meeting is on our Instagram link. You can just click it and join.  33:25 - Anne (Host) You'd be a fly on the wall, so you don't have to be committed yet there's no obligation to join.  33:29 - Speaker 4 (Host) I love that you can just come sit in check us out and then ask any questions that you'd like after that meeting. Perfect.  33:36 - Anne (Host) Sounds amazing. Well, you guys, it's been such a wonderful, wonderful episode with the two of you, danielle, as always, my money boss, thank you so much for joining me again and for bringing 100 Voices who Care to me, because Danielle asked me to bring you along, jennifer, so we could talk about it. Because, yes, there are multiple benefits, as we've discussed in this podcast, for donating and for contributing to a community who can make a greater impact. And, jennifer, for those people that want to listen to your podcast, how can they do so?  34:12 - Speaker 4 (Host) Oh, thank you. Yes, it's called Human Kindness at Work and you can actually go to my website jennifersvoicecom slash podcast and check it out there. It's called Human Kindness at Work and you can actually go to my website jennifersvoicecom slash podcast and check it out there. It's on all the major platforms and also YouTube.  34:25 - Anne (Host) Perfect, awesome, and you'll be hearing more from Danielle and I as the months come up, because I'm not letting her go. There's more money to talk about for sure. That's right. There's always more money to talk about you guys. Thank you again, so very much. I'm going to give a great big shout out to our sponsor, ipdtl, and of course, I'm going to tell you guys, please sign up for 100 Voices. Who Care? It is an amazing, amazing organization. Have an amazing week and we'll see you next week. Bye.  34:52 - Speaker 2 (Announcement) Bye. Join us next week for another edition of VO Boss with your host, Ann Ganguza, and take your business to the next level. Sign up for our mailing list at vobosscom and receive exclusive content, industry revolutionizing tips and strategies and new ways to rock your business like a boss. Redistribution, with permission. Coast-to-coast connectivity via IPDTL.   

Get ready to level up your real estate game! Join our free Real Estate Mastery Masterclass on Nov 19, 2025 (1:00–4:00 PM CT) and discover how to combine Creative Financing, Turnkey Deals, and Infinite Banking for a winning strategy. Experts Anthony Faso & Cameron Christiansen, Terry Kerr & Matthew Vanhorn, and Zachary Beach will show you how to unlock income-generating opportunities with their proven real estate strategies. 

In this episode of the Dental Boardroom Podcast, host Wes Read, CPA and financial advisor at Practice CFO, sits down with Howard Farran, founder of Dentaltown and one of the most influential thought leaders in the dental industry. Together, they explore the evolution of dentistry from emerging AI technology to the rise of DSOs, the challenges new grads face, and the skills needed to thrive in today's rapidly shifting landscape. This episode delivers raw insights, bold perspectives, and practical lessons for dentists at every stage of their careers.Key PointsAI & the Future of DentistryAI is transforming dentistry at historic speed—comparable to the rise of the internet.Dentaltown is building AI tools to unlock insights from 10+ million dental conversations.AI won't replace dentists but dentists who adopt AI will replace those who don't.Example: Robotics like Yomi are enhancing implant surgery, not eliminating the surgeon.The Real DSO LandscapeNot all DSOs are massive corporate chains.The real competition for private practices? Local 4–9 location DSOs scaling smartly across small regions.These local groups win by leveraging:Shared marketingCentralized operationsBetter purchasing powerStructured systemsAdvice for Young DentistsStudent debt is real, but so are lifestyle choices that amplify it.Early career focus should be:Clinical reps and speedLearning practice systemsStrong mentorshipThe best first job is one that teaches:Business operationsFull-scope clinical carePatient flow and case acceptanceThe Competitive Edge for Private PracticePatients choose loyalty, trust, and relationships.Private practices win when they deliver:Consistency in careStable teamsReal human connectionHigh staff and doctor turnover in corporate settings creates opportunities for private offices to stand out.Know Your Numbers With the Right AdvisorA general accountant isn't enough in dentistry.Dentists need advisors who understand:PPO strategyOverhead benchmarksPractice-specific financial planningGrowth vs. profitabilitySpecialized financial guidance is a competitive advantage.Insurance is Not the Whole MarketHalf of patients don't have dental insurance.Present multiple treatment paths:Basic → Mid-tier → Ideal careNever assume what a patient can or can't afford—let them choose.Who Should Listen?✔ New dentists navigating debt and career choices ✔ Private practice owners competing with DSOs ✔ Clinicians curious about AI adoption ✔ Anyone wanting unfiltered industry truth

Send us a text

Karen and her daughter Molly started Clover's Closet in the Spring of 2019 to help girls who wouldn't otherwise be able to go to prom because of the cost of a dress and accessories. Their first “store” was in the Outlets at Castle Rock.Their mission has expanded to include homecoming in the fall.Community members donate dresses, shoes, jewelry, make-up and more. For three weekends before homecoming and prom, girls can shop for free for one complete outfit to wear to the dance.Clover's Closet also partners with Douglas County Human Services to provide clothing needs for the whole family. They are so grateful for their dedicated team of volunteers.https://www.cloverscloset.org/https://www.facebook.com/karen.cloversclosethttps://www.instagram.com/cloversclosetkarendavis*************************************************************Judy Carlson is the CEO and Founder of the Judy Carlson Financial Group, where she helps couples create personalized, coordinated financial plans that support the life they want to live – now and in the future.As an Independent Fiduciary and Comprehensive Financial Planner, Judy specializes in retirement income and wealth decumulation strategies. She is a CPA, Investment Advisor Representative, licensed in life and health insurance, and certified in long-term care planning.Judy's mission is to help guide clients with clarity and care, building financial plans that focus on real planning built around real lives.Learn More: https://judycarlson.com/Investment Adviser Representative of and advisory services offered through Royal Fund Management, LLC, a SEC Registered Adviser.The Inspired Impact Podcasthttps://businessinnovatorsradio.com/the-inspired-impact-podcast/Source: https://businessinnovatorsradio.com/the-inspired-impact-podcast-with-judy-carlson-interview-with-karen-davis-co-founder-head-dress-wrangler-clovers-closet

Most agency owners love selling, but dread accounting. Shane and Tonya tackle the side of agency ownership that doesn't always come naturally to sales-driven entrepreneurs, and break down the basics that turn chaos into clarity. Learn how clean financials protect your agency's value, when to bring in a CPA, and why consistent review (not fancy software) is the real key to building a lasting asset.Learn more at IntegraPartnerNetwork.com.

Peter Wright's interview in this episode runs the gamut from youth pastor to communications director to recruitment specialist and more. He explains to host Dr. Matt Davis that God has “wired” him to enjoy encouraging people, whether through playing the piano, driving a bus, flying airplanes, or mowing a lawn. Their conversation glides through Peter's call to youth ministry despite music training and flows on to his call to Maranatha as communications director (overseeing things he disliked) and how the Lord gave him what he pined for—ministry in music. Then their dialogue settles on recruitment. Peter answers such paramount questions as why he advocates Christian education, why students should attend college even if pursuing a trade, and why Maranatha is a prime choice. They talk percentages—70-80% of Christians attending secular schools denouncing their faith, senior test scores placing MBU in the top 4% nationally with music students in the top 1%, and our CPA-track students making us number one in Wisconsin. Dr. Davis sites studies which show discipline trumps IQ, and Peter concludes the compelling analysis by enumerating college benefits beyond academics.

This episode includes a discussion on an SEC proposal to change the frequency of reporting and the implications of doing so. It also highlights a new tool from NASBA to help with CPA license mobility as states continue to adopt multiple pathways to CPA licensure. *** This episode qualifies for nano CPE credit. Find out more at https://njcpa.org/nano. *** Resources:CPA Mobility toolAccounting and auditing articles and eventsJoin the Accounting & Auditing Standards Interest Group

Learn how to take charge of your child care program's finances in this episode! Michael Blanco, CPA, multisite owner and founder of Radius Childcare Solutions, shares his expert tips on streamlining tuition collection, identifying financial red flags and creating a budget for your center.To learn more about Michael and his work at Radius Childcare Solutions, visit www.radiuschildcaresolutions.com.

Welcome to another insightful episode of the Building Your Money Machine Show! Today, we're tackling a topic at the very heart of your financial future: fiat currency. If you've ever wondered why your paycheck doesn't seem to stretch the way it used to, or why groceries keep creeping up in price, stick with me—because the real issue isn't just inflation. It's understanding the actual money you're using.In this episode, I break down what fiat currency really is, how it became the global standard, and why it can silently drain your wealth if you don't know how to play the smart game. As a CPA, entrepreneur, and investor who's walked the financial freedom path more than once, I discovered firsthand that mastering money starts with understanding how the system works—when it's built on belief, not backing.We dig into the historical pivot from the gold standard to fiat currency, its pros (like flexibility and scalability), and its pitfalls. I'll show you how fiat impacts your income, spending, and investment strategies, and why focusing on real returns—not just what's printed on the page—is critical to building true wealth.IN TODAY'S EPISODE, I DISCUSS:What fiat currency is and how it shapes your financial lifeThe pros and cons of fiat currencyWhy asset ownership is crucial to outpace inflation and build real wealthThe difference between nominal returns and real returns, and why it mattersActionable steps to make your money work for youThe importance of the Financial Freedom Zone quizRECOMMENDED EPISODES FOR YOUIf you liked this episode, click here to enjoy these and more:https://melabraham.com/show/7 Popular Finance Tips That Are Quietly Keeping You Broke12 Things I Don't Waste Money On (As a 64 Yr Old Millionaire)When You Get RICH, Tell NO ONE (Act Like You're Poor)12 Signs That Predict You'll Be a Multi MillionaireWhy Keeping Over THIS AMOUNT In Cash Is a Huge MistakeRECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:7 Popular Finance Tips That Are Quietly Keeping You Broke: https://youtu.be/ctwclEvqOyg12 Things I Don't Waste Money On (As a 64 Yr Old Millionaire): https://youtu.be/quh1Hdz7Wb8When You Get RICH, Tell NO ONE (Act Like You're Poor): https://youtu.be/FailzpHkJBc12 Signs That Predict You'll Be a Multi Millionaire: https://youtu.be/ITi-nvwJPVwORDER MY NEW USA TODAY BESTSELLING BOOK:Building Your Money Machine: How to Get Your Money to Work Harder For You Than You Did For It!The key to building the life you desire and deserve is to build your Money Machine—a powerful system designed to generate income that's no longer tied to your work or efforts. This step-by-step guide goes beyond the general idea of personal finance and wealth creation and reveals the holistic approach to transforming your relationship with money to allow you to enjoy financial freedom and peace of mind.Part money philosophy, part money mindset, part strategy, and part tactical action, these powerful frameworks will show you how to build your money machine.When you do you'll also get over $1100 in wealth resources & bonuses for FREE! TAKE THE FINANCIAL FREEDOM QUIZ:Take this free quiz to see where you are on the path to financial freedom and what your next steps are to move you to a new financial destiny at http://www.YourFinancialFreedomQuiz.com

Everyone wants to "scale," but here's the truth, growth isn't free.  More sales, more staff, more moving parts… and if you're not careful, less profit and longer hours. Let's talk about what it really takes to grow your business the smart way. Scaling can be exciting, but it can also drain your time, money, and sanity if you don't have a plan for every dollar you spend. You'll learn how to use your numbers to grow strategically, work on your business instead of in it, and make sure your profits grow right along with your sales. Because what's the point of a bigger business if you're still not getting paid?

KC Chohan is the founder of Together CFO, a premier advisory firm specializing in advanced tax strategies for high-net-worth business owners and family offices. Known as the secret weapon for CPAs and financial advisors, KC has helped clients save millions by implementing innovative solutions that go far beyond standard tax loopholes. Born in England and now based in Beverly Hills, Los Angeles, KC has built a reputation as a trusted authority in wealth and tax planning. His expertise has been featured in Forbes, Entrepreneur Magazine, NBC, Yahoo Finance, and Fox News, where he is recognized for breaking down complex strategies into clear, actionable insights. A dynamic speaker, KC has shared his knowledge on global stages including the Accounting and Finance Conference, The Money Show, Quantum Mastermind, Amplify, and Market Disruptors. Today, he continues to empower entrepreneurs, financial professionals, and family offices to minimize taxes, protect wealth, and create lasting financial legacies. During the show we discussed: Biggest tax mistakes high-net-worth owners make How strategic giving cuts taxes and builds wealth Role of asset protection in minimizing taxes Why a CPA or bookkeeper isn't enough Creating a custom tax strategy beyond loopholes When to bring in a CFO Key financial roles every business needs Bookkeeping vs. high-level tax strategy How Together CFO's approach stands apart Saving millions through proactive tax planning Overlooked tax breaks for 7–8 figure entrepreneurs Tying legacy and generational wealth to tax strategy Using AI and automation for smarter tax planning Strategic giving for impact and savings Building the right financial team for tax efficiency Resources: https://togethercfo.com/ https://financialfusion.io/   

Discover how the wealthy legally eliminate their tax bills through real estate investing.In this episode, hosts Adam Schroeder and Zach Lemaster sit down with Jason Melilo, CEO of K B K G and former CEO of a Top 100 CPA Firm, to unpack the tax strategies every investor should know — from cost segregation and bonus depreciation to qualifying as a real estate professional and using short-term rentals for massive deductions.Jason reveals how he helps investors save thousands in taxes while building long-term wealth — and even shares how you can get a 10% discount on cost-seg software using code RTR 2025 at cbn.com.

Law Firm Owner Common Bookkeeping Mistake

A Weird Way Law Firm Bookkeeping Saves You Money

The real estate market is shifting fast, and not every strategy that worked a few years ago still works today. In this episode, we bring together experienced investors to uncover what's really working right now for investors. Randy Thomason has been investing for over 30 years and currently operates in the Little Rock, AR market. He has vast experience in everything from wholesaling to probate and is a wealth of knowledge. In addition, he runs the largest REIA in Arkansas…the ARKREIA. Nick Monge is a broker and investor in the Denver, CO market who, for the past several years, has specialized in creative finance after discovering William's podcast and 12 House Blueprint.  He buys several houses each month in one of the most competitive markets in the country. Whether you're new to creative finance or already closing deals, this conversation will help you understand how top investors are adapting, what's changing in the market, and how to stay profitable while others struggle.

This week, Steven is joined by a fellow CPA who specializes in tax planning for all things Real Estate, Ryan Carriere. Ryan shares his experience with going deep on the tax side when it comes to all the hype you see on social media and helps sort out what is real and what is wishful thinking. Like any other tax strategies, the taxes are just one consideration and not the driving force behind what does or doesn't make real estate a great idea for a particular client. Steven and Ryan discuss where value can come from and the traps to avoid when it comes to tax planning and preparation in this area. https://zurl.co/7jrbu

Show Notes: Samora Wolokolie talks about his dual roles as a CPA and attorney in Monrovia, Liberia. Samora lists his credentials: chartered accountant, certified public accountant, certified forensic investigation professional, certified fraud examiner, certified tax practitioner, and lawyer, and  details his academic background. He is also an associate professor at the University of Liberia where he teaches all levels of accounting. Samora also teaches at other universities and holds degrees from  Cuttington University, and Chariot University. He talks about his career path, including working with Deloitte in 2000, then moved to PKF Liberia and Baker Tilly, where he qualified as a chartered accountant in 2014.  Serving as Liberia's Deputy Minister of Finance for Fiscal Affairs Samora served as Liberia's Deputy Minister of Finance for Fiscal Affairs from 2018 to 2024, managing the national budget and growing it from $600 million to $800 million. When asked about the major sources of revenue for the Liberian government, Samora explains that over 80% of the government budget comes from domestic revenue, with the rest from donors like the IMF, World Bank, and European Union. He details the importance of conducting audits and meeting benchmarks to access external resources, and shares a few examples of how this works. Samora discusses his role in developing revenue policies and regulations, focusing on domestic resource mobilization to grow the budget to $1 billion. He highlights the challenges and strategies needed to achieve this goal, including tax policies and revenue measures. He goes on to explain the structure of the companies he currently works for, his roles there, and how it focuses on both accounting and legal issues.  Major Industries and Economic Potential in Liberia The conversation turns to the main industries in Liberia. Samora describes Liberia as an input-driven economy with significant potential in mining, forestry, and infrastructure development. He mentions the mining sector's potential, including gold, iron ore, and diamonds, and the involvement of companies like ArcelorMittal. Samora also discusses the forestry sector's potential, including logs and the Kimberley Process. He emphasizes the government's efforts in infrastructure development, particularly road construction and building maintenance. He goes on to talk about investment potential and licensing, shipping, and exporting. Consulting and Legal Processes in Liberia  Samora talks about the process of hiring independent consultants in Liberia. He advises talking to an attorney and a CPA. He recommends checking with the Liberian Institute of Certified Public Accountants and the Liberian National Bar Association for licensed professionals. Samora explains the distinction between attorneys and counselors at law in Liberia, and recommends dealing with firms to ensure coverage through professional liability and insurance coverage. He goes into detail on the importance of following processes and doing due diligence and background checks when hiring consultants.  Taxation and Labor Law Considerations for Foreign Companies Focusing on the tax implications for foreign companies hiring consultants in Liberia, Samora explains the withholding tax rates for resident and non-resident taxpayers, including the 10% and 15% rates for ordinary companies and the 6% rate for mining operations. He clarifies the concept of resident and non-resident status based on the number of days spent in Liberia. Samora discusses the importance of understanding labor law considerations, including contracts, occupational health and safety, and long-term employment. He also explains the tax brackets and Social Security tax obligations for foreign companies, employees and independent contractors, in addition to labour laws and health and safety laws in Liberia. Insurance Requirements for Firms in Liberia. Samora advises firms to have professional liability insurance to cover potential transgressions. He emphasizes the importance of ensuring payments pass through formal financial institutions to avoid money laundering issues. Samora suggests using bank-to-bank wire transfers or prepaid cards for payments to consultants, and he reiterates the importance of due diligence and background checks when hiring consultants in Liberia. Timestamps: 04:11: Revenue Sources and Management in Liberia  09:38: Major Industries and Economic Potential  20:04: Consulting and Legal Processes in Liberia  27:08: Taxation and Labor Law Considerations 36:50: Insurance and Payment Methods  Links: LinkedIn: https://www.linkedin.com/in/atty-samora-p-z-wolokolie-ph-d-cfe-ca-cpa-fcfip-l-l-b-67315438/ Alliance CPA Inc:  https://alliancecpainc.com/ TORCH Professional Consultancy Inc:  https://topcinc.com/   Unleashed is produced by Umbrex, which has a mission of connecting independent management consultants with one another, creating opportunities for members to meet, build relationships, and share lessons learned. Learn more at www.umbrex.com.  

John Barucci joins the show to break down his real-life data breach. John thought he had all the right safeguards in place: cyber insurance, firewalls, security training, and a written information security plan. But a single click on what appeared to be a Social Security Administration email led to bad actors accessing nine client files, altering returns, and changing bank account information in just 38 minutes.SponsorsPadgett -  Contact Padgett or Email Jeff PhillipsGet NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Chapters(00:00) - Introduction and Greetings (00:56) - Current Events and Government Shutdown (01:56) - PTIN Renewal and Security Measures (02:59) - Introducing John Bucci's Story (04:34) - John Bucci's Cybersecurity Breach Experience (06:18) - Detailed Chronology of the Breach (18:38) - Immediate Actions Taken Post-Breach (22:14) - IRS and Software Company Responses (27:02) - Client Communication and Further Steps (30:34) - The Weight of Responsibility in Tax Practice (31:22) - The Importance of Having a Plan (32:28) - Immediate Actions Post-Breach (32:53) - Involvement of Thomson Reuters and Stopping the Breach (34:21) - Forensic Investigation and Legal Steps (35:48) - Cyber Insurance and Its Benefits (37:50) - IRS Practitioner Relief Program (43:27) - Final Reflections and Lessons Learned (50:02) - Conclusion and Final Thoughts Follow the Federal Tax Updates Podcast on Social Mediatwitter.com/FedTaxPodfacebook.com/FedTaxPodlinkedin.com/showcase/fedtaxpodConnect with John: https://www.linkedin.com/in/johnbarucciConnect with the Hosts on LinkedInRoger HarrisAnnie SchwabReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of Earmark MediaThe full transcript for this episode is available by clicking on the Transcript tab at the top of this pageAll content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.

From prepping your staff to a establishing a partnership, Assistant Superintendent of Finance & Operations, Howie Barber, CPA, SFO, MCPPO, masterfully expounds on how to navigate your audit.

In this episode of Beer and Money, Ryan Burklo discusses the essential rules and obligations associated with inheriting an IRA. He explains the importance of understanding required minimum distributions (RMDs), the tax implications of withdrawals, and the necessary steps to set up an inherited IRA correctly. The conversation emphasizes the need for strategic financial planning and coordination with tax professionals to ensure compliance and optimize tax outcomes. Check out our website:  beerandmoney.net Find us on YouTube: https://www.youtube.com/@beerandmoney Subscribe to our newsletter: https://www.quantifiedfinancial.com/subscribe-now Check out our Instagram: https://www.instagram.com/ryanburklofinance?igsh=ZTJzN3Jnajd5M2Mw For a quick assessment of your current financial life go to: https://www.livingbalancesheet.com/lbsVision/lite/RyanBurklo RMD website Ryan mentions: https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-beneficiary #InheritedIRA #RMD #taximplications #financialplanning #beneficiaryIRA #retirementaccounts #estateplanning #taxstrategy #financialadvice #IRArules   Takeaways Inheriting an IRA means dealing with tax obligations. Required Minimum Distributions (RMDs) must be understood and managed. If the deceased did not take their RMD, beneficiaries must ensure it is taken. Beneficiaries have a 10-year window to distribute the inherited IRA funds. Retitling the IRA to an inherited IRA is crucial. Withdrawals from an inherited IRA are taxable as ordinary income. Coordination with a CPA is essential for tax strategy. Each RMD impacts the beneficiary's tax bracket. Setting a schedule for RMDs helps in financial planning. Understanding where to allocate the withdrawn funds is important. Chapters 00:00 Understanding Inherited IRAs 03:00 Key Rules for Distributions 05:49 Setting Up Your Inherited IRA

Top 3 Passive Income Strategies for High-Net-Worth IndividualsAchieving true financial success goes beyond just accumulating wealth; it's about securing your financial future and cultivating the right money mindset.  Explore various side hustle opportunities to generate income and build wealth, focusing on solid personal finance strategies. Learn how to invest wisely and how to make money work for you, leading to financial freedom.Follow us onX.com: https://x.com/AMGinc_ATLInstagram: https://www.instagram.com/assetmanagementgroupinc/LinkedIn: https://www.linkedin.com/company/amgincatl/Facebook: https://www.facebook.com/beyondtomorrowpodcastWebsite: https://www.assetmg-inc.com/YouTube: https://www.youtube.com/@assetmanagementgroupincTikTok: https://www.tiktok.com/@assetmanagementgroupincBlog: https://www.assetmg-inc.com/blogDisclosureEducational content only. Not tax, legal, or investment advice. Tax laws can change. Consult your CPA or advisor about your specific situation.#PassiveIncome #DividendInvesting #DividendGrowth #HighNetWorth #EverydayMillionaire #WealthManagement #FinancialFreedom #RetirementPlanning #TaxPlanning #PrivateEquity #PrivateRealEstate #RealEstateInvesting #AccreditedInvestor #CashFlow #PortfolioStrategy #wealthbuilding passive income strategies, dividend growth investing, dividend stocks, qualified dividends, high net worth investor, everyday millionaire, private real estate investing, real estate syndication, private REIT, accredited investor, real estate cash flow, depreciation tax benefits, 1031 exchange basics, opportunity zones overview, private business equity, minority stake in business, silent partner investing, business due diligence, portfolio diversification, liquidity planning, risk tolerance, asset allocation for retirees, income investing, cash flow portfolio, tax aware investing, wealth management Atlanta, Asset Management Group Inc, AMG Inc ATL Asset Management Group,financial planning,Passive Income,passive income ideas,passive income investing,wealth management,investing,personal finance,stock market,how to make money,make money online,work from home,business ideas,affiliate marketing,how to earn money online,digital products,financial freedom,make money,investing for beginners,taxes,ai business ideas,how to make passive income,how to make money online,side hustles,real estate investing