Podcasts about CPA

Ever feel like money is controlling more of your life than you'd like? You're not alone—and today, I'm politely begging you to get good with money, starting now! In this episode of the Building Your Money Machine Show, I break down the exact reasons why time matters more than effort when building wealth, and how waiting just 10 years to invest can literally cost you hundreds of thousands of dollars.With insights from over 30 years as a CPA, entrepreneur, and money mentor (plus my own experience rebuilding from a negative net worth), I'll walk you through the real, practical steps to finally shift from financial stress to freedom—no overwhelm, no guesswork required.You'll discover how the wealth creation curve really works, why money should be like oxygen (enough, with margin!), and how small habits—started today—can propel you onto the right side of the wealth divide. This isn't about chasing Instagram rich, it's about having breathing room, stability, options, and peace.IN TODAY'S EPISODE, I DISCUSS:The devastating cost of waiting to start investing, broken down with real-life math you won't forgetHow to finally break free from money stress and build unshakeable financial stabilityWhy consistency and systems, not perfection, create lasting wealth (and how to actually implement them)Actionable steps to get clear, build safety, invest with confidence, and stay on your own financial freedom curveHow to overcome avoidance, start building your “money machine,” and live life by your own design—no matter where you're starting fromRECOMMENDED EPISODES FOR YOUIf you liked this episode, click here to enjoy these and more:https://melabraham.com/show/Psychology of People Who Act Poor When They're RichI Met 400+ Millionaires - This is what I LEARNEDOnce You Get Rich, Change These 6 Things Immediately12 Unsexy Habits That Made Me Serious MoneyWhat The 1% Teach Their Kids About MoneyRECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:Psychology of People Who Act Poor When They're Rich: https://youtu.be/KpZEuniVbwkI Met 400+ Millionaires - This is what I LEARNED: https://youtu.be/EwQtlsle45YOnce You Get Rich, Change These 6 Things Immediately: https://youtu.be/exgaT-fho5M12 Unsexy Habits That Made Me Serious Money: https://youtu.be/OjYgoVwFxWsORDER 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

In this episode, we break down the five profit levers that help business owners earn more without burning out. You'll learn why selling more is not always the answer and how small changes in pricing, average transaction value, and expenses can dramatically increase profit. We walk through the real math behind business finance and show how smart strategies help you keep more of what you earn. You'll also learn how to spot hidden money leaks and make better money decisions that support long-term growth. If you want stronger margins, better cash flow, and a healthier financial mindset, this episode gives you practical steps you can use right away.   Next Steps: ➡️ Overpaying your CPA and the IRS? Learn how to stop it in this free training: https://go.phillipsbusinessgroup.com/registration

How much can you pay yourself in your small business? The answer isn't a guess, it starts with knowing your numbers. Too many business owners pull money out daily for food, gas, or personal expenses without realizing they're already paying themselves… just without a plan. If your pricing doesn't include your labor hours, you're underpaying yourself before you even start. Your Profit & Loss statement shows you the real flow of money in and out of your business and helps you determine what's actually available. In this video, we break down how to think about paying yourself both as an "employee" in your business and as the owner. Whether it's salary, owner draws, or both! It all starts with understanding your current situation and building a plan around real numbers. If you want to get paid consistently and confidently, your numbers have to lead the way.   -----------------------------   DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS

Attack on Iran. Oil prices rise. New law aims to ease CPA talent crunch. Iranian women cheer, while liberal white women protestSee omnystudio.com/listener for privacy information.

Attack on Iran. Oil prices rise. New law aims to ease CPA talent crunch. Iranian women cheer, while liberal white women protest Tony enjoys a Kroger Whippie with Tara. JMV talking NFL Combine. Today’s Popcorn Moment: Trump announcing the death of the Ayatollah and death of US Service Members. Today on the Marketplace: Would you trust Cartiers sold on the Marketplace? Leftists want the US to lose. Pete Hegseth addresses the nation. What is Illinois' move to keep the Bears? Stock Markets react. Theme Song: Redemption Monday - WKRP end themeSee omnystudio.com/listener for privacy information.

Roger and Annie check in mid-tax-season with a candid look at what's actually landing on desks — from W-2s showing overtime pay coded a half-dozen different ways to clients convinced their entire salary qualifies for the new deduction. They also break down the meal and entertainment changes taking effect in 2026, including why your office coffee pot is now a tax problem.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) - Mardi Gras Catch Up (01:53) - Tax Season Pulse Check (05:17) - New Tips and Overtime Law (07:07) - Tracking and Payroll Prep (10:58) - New Fees and Tip Confusion (12:46) - W2 Example Box 14 Codes (16:25) - Should We Ask About Overtime (20:36) - OT Premium Smell Test (24:39) - Weird W2 Overtime Codes (27:04) - Pay Stub Premium Math (29:25) - Pay Stub Math Costs (29:55) - Overtime Premium Basics (32:13) - W2 Box 14 Overtime (33:27) - When Details Are Missing (35:35) - Double Overtime Limits (36:18) - Salary vs Overtime Claims (38:36) - Due Diligence and Fees (41:01) - Meals Rules Change 2026 (45:01) - Zero Deduction Office Meals (45:37) - Coffee and Snacks Debate (48:59) - Client Education and COA (51:48) - IRS Paper Checks Ending (55:49) - Wrap Up and Next Steps Follow the Federal Tax Updates Podcast on Social Mediatwitter.com/FedTaxPodfacebook.com/FedTaxPodlinkedin.com/showcase/fedtaxpodConnect 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.

Can a CPA really build a home service franchise while keeping his full-time job? In this episode of the Franchise Fit Podcast, Lance Graulich interviews Anthony Runnels, a CPA/CFO from the Los Angeles area who made the leap into franchise ownership with TrueBlue Home Service Ally—without quitting corporate America. Anthony shares how he went from corporate finance and accounting to building a semi-absentee franchise side hustle, why he chose home services, and what first-time business owners need to know before buying a franchise. If you're exploring franchise ownership, looking for a proven business model, or trying to figure out how to start a business while still employed, this episode is packed with real-world insight. Sponsored by SEO Samba Empower your franchise with predictable results and AI-driven marketing.

Welcome to The Profit Talk! In this show, we're going to help you explore strategies to help you maximize profits in your business while scaling and creating the lifestyle that you want as an entrepreneur. I am your host, Susanne Mariga! I'm a CPA, a Fractional CFO, and a Certified Profit First Professional Mastery Level providing tax strategies to 7 and 8 figure entrepreneurs. Let's dive into strategies to maximize profits in your business! In this episode of The Profit Talk Show, host Susanne Mariga welcomes Diane Strand, founder of JDS Productions and JDS Studio Live. Diane is a producer, entrepreneur, and creative visionary who helps established businesses leverage video and the arts to increase market share, elevate brand visibility, and scale with confidence. Together, we dive into how seven, eight, and nine figure businesses can strategically use video for marketing, internal communications, and brand authority. Diane shares her four pillar framework for authority growth and breaks down how business owners can overcome fear, clarify their message, and build the right team to execute high impact video content. This conversation is filled with practical strategies for leaders who want to move beyond basic talking head videos and use storytelling, creativity, and structured planning to stand out in competitive markets. What You'll Learn in This Episode: Using Video to Increase Market Share – How established businesses can leverage video to strengthen brand visibility and client trust. Overcoming Fear of Being on Camera – Practical ways to build confidence, focus on impact over perfection, and stay consistent. The Four Pillars of Authority Growth – Aligning passion and purpose, positioning for authority, promoting with purpose, and building a profitable plan. Building the Right Video Team – When to DIY, when to hire VAs, and when to invest in professional production support. Leveraging AI and Strategy – How tools like ChatGPT, clear scripting, and structured messaging can elevate your content quality and consistency. Memorable Quotes: "Visibility creates opportunity. When people see you consistently, they begin to trust you." – Diane Strand "Clarity in your message is what transforms video from content into connection." – Susanne Mariga "Creativity is not optional in business leadership. It is a competitive advantage." – Diane Strand Resources & Links: Connect with Diane Strand: https://jdsstudiolive.com Learn More About JDS Productions and Creative Leadership Training: https://jdsstudiolive.com Visit my FREE Facebook Group, The Profit First Masterclass, where I'll be sharing additional exclusive trainings to members of the community. https://www.facebook.com/groups/ProfitFirstMasterClass/ If you're excited about what's next for your business and upcoming episodes, please head to our itunes page and give us a review! Your support will help me to bring in other amazing expert interviews to share their best tips on how to powerfully grow in your business! Mariga CPA PLLC's website is www.susannemariga.com We can be contacted at (713) 280 7975. DISCLAIMER: The information contained within these videos is provided for informational purposes only and does not constitute an accountant client relationship. While we use reasonable efforts to furnish accurate and up to date information, we assume no liability or responsibility for any errors, omissions, or regulatory updates in the content of this video. Any U.S. federal tax advice contained within is not intended to be used for the purpose of avoiding penalties under U.S. federal tax law.

02/27/26: Joel Heitkamp is on vacation and has Richland County Commissioners, Nathan Berseth and Perry Miller, filling in for him on "News and Views." They're joined by Daniel Julson to talk about tax season, specifically digging into the taxing on tips, Trump accounts, deductions, and more. Daniel Julson graduated in 2015 from North Dakota State University with a degree in Agricultural Economics with an emphasis in Accounting. He received his CPA license in January 2017. (Joel Heitkamp is a talk show host on the Mighty 790 KFGO in Fargo-Moorhead. His award-winning program, “News & Views,” can be heard weekdays from 8 – 11 a.m. Follow Joel on X/Twitter @JoelKFGO.)See omnystudio.com/listener for privacy information.

Winter isn't slowing down, and neither can healthcare facilities. In this episode, Paul Cantrell brings his 40+ years of experience managing extreme weather to the table, from blizzards on the Massachusetts coast to hurricanes across the Mediterranean.We dive into practical strategies for storm preparation, in the moment management, and post-storm follow-up, which is an often overlooked but critical step for passing knowledge to the next generation of healthcare FM leaders.Whether you're dealing with snow, ice, thunderstorms, or hurricanes, Paul shares real-world lessons and actionable best practices to keep your facility safe, operational, and resilient.This is not theory. It is field-tested guidance for anyone responsible for facilities operations, emergency preparedness, or leadership in healthcare environments. Equip yourself to manage severe weather confidently and strengthen your organization's storm readiness.

Tax season doesn't have to be stressful — but for real estate investors, it can be complicated. In this episode of The Real Wealth Show, Kathy Fettke sits down with CPA Brandon Hall to break down what investors need to know for 2026. They cover why filing an extension may actually be the smarter move, how to avoid surprise tax bills, and who really needs to be paying quarterly taxes. Brandon explains the passive activity loss rules, why some K-1 losses can't be used right away, and the costly mistakes investors make when they don't call their CPA before investing. They also discuss 100% bonus depreciation, cost segregation, opportunity zones, and new tax provisions that could create major write-offs for investors. If you want to avoid IRS surprises, maximize deductions, and make smarter investment decisions before sending money into a deal — this episode is for you. Learn how to turn tax season from a panic moment into a strategic advantage.

#794 Most entrepreneurs don't have a revenue problem — they have a “where did the money go?” problem. In Part 1 of this two-part conversation, host Brien Gearin sits down with Bobby Hoyt — founder of Stellar Brands, CEO of The Bottom Line, and creator behind Millennial Money Man — to unpack why “knowing your numbers” is non-negotiable if you want to build a business that actually pays you. Bobby shares his journey from high school band director to entrepreneur, how a mentor helped him pay off student loans and take the leap, and the hard lessons that come from running your business on “napkin math.” Together, Brien and Bobby dig into why most entrepreneurs get blindsided at tax time, what it really means to have a proactive tax strategy, and how systems like Profit First (and the right bookkeeping/CPA team) can bring clarity, stability, and confidence to your cash flow — so you can grow without hitting the financial “electric fence!” What we discuss with Bobby: + Why entrepreneurs must know their numbers + The danger of “napkin math” finances + Bobby's journey from teacher to CEO + How mentors accelerate business growth + Why revenue doesn't equal personal income + The importance of proactive tax strategy + Common CPA and bookkeeping mistakes + How Profit First stabilizes cash flow + Paying yourself consistently as an owner + Building financial systems that scale with growth Thank you, Bobby! Check out Stellar Brands at StellarBrands.com. Check out The Bottom Line (TBL) at TheBottomLineCPA.com. Check out Brilliant Bookkeeper. To get access to our FREE Business Training course go to ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠MillionaireUniversity.com/training⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ To get exclusive offers mentioned in this episode and to support the show, visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠millionaireuniversity.com/sponsors⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Learn more about your ad choices. Visit megaphone.fm/adchoices

Join an active community of RE investors here: https://linktr.ee/gabepetersen

Alicia recaps Intuit's February ProAdvisor In the Know webinar, covering a packed slate of product updates across QuickBooks Online, Intuit Enterprise Suite, and the newly renamed Intuit Accountant Suite. Highlights include a new Affirm Buy Now Pay Later option appearing on invoices, major bank feed customization improvements, an AI-powered deduction maximizer for business owners, and new construction-specific tools in IES. Intuit also teased a July launch of AI agents that will handle tasks like invoicing, payment tracking, and book reconciliation — though details remain scarce.SponsorsUNC - https://uqb.promo/uncResources:In the Know Slide Deck: https://staticassets.goldcast.io/public_images/organization/c1847aac-670a-476f-9c63-ad93ce43b7eb/yq4uYaZUSYqvQm6KaCIZ_February2026_ProAdvisor_InTheKnow_Handout.pdfPartner Webinars (Double & Method upcoming): https://eventhub.goldcast.io/?eventHubId=15cc4a3e-96eb-4910-973c-45f143b60e60Canny for product feedback: http://intuit.canny.ioCustomer Hubba-Hubba (our episode about the new Customer Hub): www.uqb.show/107Dan and Alicia deep dive into Intuit Accountant Accelerate and Books Close: www.uqb.show/130Alicia's current classes: Tricky Situations: http://royl.ws/QBOtricks?affiliate=5393907 Next-level Accrual Accounting: http://royl.ws/NextLevelAccounting?affiliate=5393907  10 Best Practices in QBO: http://royl.ws/QBO-Best-Practices?affiliate=5393907  QBO Hacks (Tips & Tricks) http://royl.ws/QBOHacks?affiliate=5393907 We 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  (00:00) - Welcome to The Unofficial QuickBooks Accountants Podcast (03:21) - Upcoming Partner Webinars (Double & Method) + Why They Matter (04:08) - New Invoice Payment Option: Affirm ‘Buy Now, Pay Later' in QuickBooks (07:51) - Product Innovations Kickoff: Intuit Enterprise Suite February Releases Overview (14:29) - Inventory & Order Management Upgrades: Item Receipts, Valuation Methods, Sales Orders (22:02) - Workflow Automation Improvements: Parallel Approvals + Audit Trails + Dimensions (23:32) - Business Intelligence in QBO: Modern Reports + Calculated Fields Without Excel (23:58) - Intuit Intelligence (ChatGPT-Powered): Ask Questions About Your Books + Prompt Limits/Pricing (26:39) - Bank Feeds Updates: New Experience Rollout Timeline & Why to Adopt Early (28:29) - Bank Feed Fix: Warn When Payee Is Blank (1099s & Clean Vendor Lists) (30:05) - Navigate Tons of Accounts Faster: Searchable Bank/Credit Card Dropdown (31:12) - Drag-and-Drop Receipts + Check Image Attachments That Now Carry Through Matches (37:24) - Performance Boosts + Poll Results: Is the New Banking Feed Ready for Prime Time? (39:23) - Business Tax AI: Deduction Maximizer & Where to Find It in QBO (52:43) - What's Next: Intuit Podcasts, Intuit Connect, and July's Mysterious AI Agents (55:17) - Wrap-Up & Training Plug: Tricky Situations, Accrual Accounting, and Upcoming Classes

In this power-packed episode, Casey Hiers and Jarrod Bridgeman are diving into the "tax-heavy" side of dental practice ownership to ensure you aren't leaving money on the table. From the critical importance of a dental-specific CPA to avoiding those pesky IRS penalties, the guys break down how to stay ahead of the game.We're also looking at "last-minute" wins you can still claim for 2025, including deductible retirement and HSA contributions. Plus, don't miss the scoop on the brand-new Trump accounts for children born between 2025 and 2028—complete with government contributions—and why an IRS Identity Protection PIN is your best defense against tax fraud.Upcoming Tour Dates: Go to our EVENTS page for infoFacebook: Four Quadrants AdvisoryInstagram: @fourquadrantsadvisoryLinkedIn: Four Quadrants Advisory

Imagine breaking even at the casino and still owing taxes.Beginning in 2026, Congress approved a new rule that limits gambling loss deductions to 90%. That means if you win $10,000 and lose $10,000, you could still owe taxes on $1,000 of phantom income.Today, we're breaking down the new gambling tax rule that quietly slipped into law, why it creates phantom income for gamblers, and what casual and professional gamblers need to do right now to protect themselves.

"I was told I needed a multi-level fusion. I didn't even know disc replacement existed." Nick's back pain started in his early 20s. After a discectomy in his mid-20s, he returned to an active life — until years later when severe sciatica came back and began affecting everything from his ability to put on a belt or sit in a chair.  Multiple surgical consultations led to the same recommendation: spinal fusion. But Nick, an active CPA, soon-to-be dad, and lifelong athlete, wasn't willing to accept that as his only option. In this episode, Nick shares what happened when he pushed for clarity instead of settling for a single answer. Through additional opinions and independent research, he discovered a motion-preserving alternative to fusion, called artificial disc replacement.  That realization ultimately led him to VSI and Spine Surgeon Dr. Ehsan Jazini, where Nick learned he was a candidate for a three-level disc replacement. Today, he reports zero back pain since surgery and has returned to skiing, running, swimming, weightlifting and living without restrictions.  This conversation explores important questions for anyone facing spine surgery:  How do you know if you're being told about all your options?  When should you get a second—or fourth—opinion?  What is the difference between spinal fusion and artificial disc replacement? What does recovery look like after multi-level disc replacement surgery? If you've been told spinal fusion is your only option, or if you're scheduling your life around your back pain, this episode could change your path forward. Ready to explore your options? Visit VSIspine.com to schedule a consultation with a spine specialist who can discuss both fusion and disc replacement candidacy.

In this episode of the Redefine Business Podcast, Brittni Schroeder interviews Indie Lee, founder of the award-winning clean beauty brand Indie Lee Skincare. After being diagnosed with a brain tumor and told she had six months to live, Indie transformed her health crisis into a mission-driven business focused on safe, effective skincare. They discuss the realities of entrepreneurship, the myth of overnight success, the importance of clarity and core values, and what it really takes to build a lasting brand. Indie shares her journey from CPA to clean beauty pioneer and why purpose, passion, and presence continue to guide her business 16 years later.   Resources: The Meeting Place Membership Rock The Reels 1:1 Coaching Free Client Welcome Guide Additional Trainings and Resources Connect with Brittni: Follow me on the Gram - @brittni.schroeder Join my Facebook Group  Visit my website Subscribe to my Youtube You can find the complete show notes here: https://brittnischroeder.com/podcast/indie-lee-skincare-with-indie-lee  

Hey podcast listener – quick update.I'm taking an intentional pause from producing new episodes for the main podcast, and I'm genuinely excited about what's coming next.Behind the scenes, I'm working on several big projects designed to help Peak Freedom members get better results, faster – with far less second-guessing, worry, and uncertainty.And here's what's exciting: the results members are getting right now are coming faster and cleaner than ever before. We're seeing high-leverage changes that fix firms for good – often in under eight months, and sometimes in just three to four months inside Accelerator. The relief is unmistakable.That's because the resources are solid, the community is tight and high-caliber, and the obstacles that used to slow people down are being removed.Instead of guessing, members know what to do.Instead of worrying, they test the plan.Instead of grinding, they're fixing their firms with confidence – and bringing them back under control.I'm doubling down on building the best content anywhere for accountants who want healthy, smooth, sustainable firms.While the main feed is on pause, be on the lookout for curated, topic-specific podcast feeds – pricing, packaging, niching, Simple Systems, Free Time, and a client-interview-only feed where you can hear your own story reflected back.This pause is intentional.Content is still coming – it's just getting sharper.And I'll be back with brand-new episodes and interviews very soon.What's coming next is worth the wait.…Link to full shownotes: https://www.businessstrategyforcpas.com/386…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…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. …

With over a decade of hands-on experience in bookkeeping and eight years specializing in tax preparation, Caitlin brings a strong foundation of financial expertise and reliability to our team. Holding an accounting degree and currently working toward CPA licensure, Caitlin is dedicated to providing accurate, timely, and client-focused support to small businesses and individuals.Learn more: https://www.knollcpa.com/The information provided in this content is for general informational purposes only and should not be construed as personalized financial, tax, or legal advice. While every effort has been made to ensure accuracy, laws and regulations frequently change and may vary depending on individual circumstances. Please consult a qualified financial, tax, or legal professional for advice specific to your needs before making any decisions. Knoll & Company P.C. and its representatives do not provide legal advice. All services are provided in accordance with applicable professional standards and ethical requirements.Influential Entrepreneurs with Mike Saundershttps://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/Source: https://businessinnovatorsradio.com/interview-with-caitlin-wedgewood-partner-with-knoll-company-p-c-discussing-tax-preparationservices

With over a decade of hands-on experience in bookkeeping and eight years specializing in tax preparation, Caitlin brings a strong foundation of financial expertise and reliability to our team. Holding an accounting degree and currently working toward CPA licensure, Caitlin is dedicated to providing accurate, timely, and client-focused support to small businesses and individuals.Learn more: https://www.knollcpa.com/The information provided in this content is for general informational purposes only and should not be construed as personalized financial, tax, or legal advice. While every effort has been made to ensure accuracy, laws and regulations frequently change and may vary depending on individual circumstances. Please consult a qualified financial, tax, or legal professional for advice specific to your needs before making any decisions. Knoll & Company P.C. and its representatives do not provide legal advice. All services are provided in accordance with applicable professional standards and ethical requirements.Influential Entrepreneurs with Mike Saundershttps://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/Source: https://businessinnovatorsradio.com/interview-with-caitlin-wedgewood-partner-with-knoll-company-p-c-discussing-transition-at-the-firm

A teenage entrepreneur charms Southern California, and then Wall Street, with his rapidly growing carpet cleaning and insurance restoration empire.SponsorsUNC - http://accountingpodcast.promo/unc Get NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CEDownload the app:Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appQuestions? Need help? Email support@earmarkcpe.com.CONNECT WITH CALEBLinkedIn: https://www.linkedin.com/in/calebnewquist/Sources:Behind ‘Whiz Kid' Is a Trail of False Credit Card Billings [LAT]Minkow Is Convicted on All Charges: Jury Decides That ZZZZ Best Founder Masterminded Fraud [LAT]https://www.latimes.com/archives/la-xpm-1988-12-15-mn-362-story.htmlZZZZ Best: The House of Cards Falls [LAT]https://www.latimes.com/archives/la-xpm-1987-09-06-mn-6256-story.htmlPolice Learn How Mob Moved In on Minkow [LAT]https://www.latimes.com/archives/la-xpm-1988-02-21-mn-44325-story.htmlLast Loose End Wrapped Up in ZZZZ Best Fraud Case [LAT]https://www.latimes.com/archives/la-xpm-1994-05-05-mn-54183-story.htmlBarry Minkow to Help U.S. Investigators as Part of Plea Deal [LAT]https://www.latimes.com/business/la-xpm-2011-mar-30-la-fi-minkow-plea-20110330-story.htmlThe Secretary Who Helped Uncover One of America's Strangest Ponzi Schemes [The Hustle] https://thehustle.co/the-secretary-who-helped-uncover-one-of-americas-strangest-ponzi-schemesBarry Minkow Charged With Conspiracy to Manipulate Lennar Stock [DOJ]https://www.justice.gov/archive/usao/fls/PressReleases/2011/110324-01.htmlBarry Minkow Sentenced for Securities Fraud Conspiracy (Lennar Short-Sale Case) [DOJ]https://www.justice.gov/archive/usao/fls/PressReleases/2011/110721-02.htmlFormer Inmate Turned Pastor Barry Minkow Pleads Guilty to Bilking Congregation [DOJ]https://www.justice.gov/sites/default/files/usao-sdca/legacy/2015/04/30/cas14-0122-MinkowPR.pdfNotorious Conman Turned Pastor Barry Minkow Sentenced to Five Years in Prison for Bilking Congregation [DOJ]https://www.justice.gov/usao-sdca/pr/notorious-conman-turned-pastor-barry-minkow-sentenced-five-years-prison-bilkingBarry Minkow Gets Five More Years [Courthouse News]https://www.courthousenews.com/barry-minkow-getsfive-more-years/Con Man Gets Prison for San Diego Church Fraud [AP News]https://apnews.com/general-news-91612bdc0afb48178a38a41ab99b27bcBarry Minkow: All-American Con Man [Fortune]https://fortune.com/2012/01/05/barry-minkow-all-american-con-man/

What if the most important person in your dental office isn't the one holding the drill?The dental hygiene profession is undergoing a massive transformation that reaches far beyond simple cleanings and into the realm of life saving medical integration. This conversation features Lancette VanGuilder, President of the American Dental Hygienists Association, who breaks down why the future of oral health depends on giving hygienists more autonomy and better license portability across state lines. She shares fascinating insights into how these professionals are now at the front lines of identifying systemic issues like sleep apnea and why a shift toward self regulation is essential for the survival of the workforce. From the challenges of rural healthcare to the importance of building a supportive office culture, this discussion explores how the next generation of hygienists is redefining what it means to provide comprehensive patient care in a modern world.Connect with Lancette

In this episode of the I Do Wedding Marketing Podcast, I'm sitting down with Danison Fronda-Tietz, licensed CPA, former financial analyst for The Walt Disney Company (you read that right!), wedding business owner, and founder of Bowtie & Biz.And okay, yes… I fully invited him on because I had pricing questions of my own. Lucky for us, he delivered.We dive into his five Pricing Archetypes, which very conveniently spell P.R.I.C.E. If you've ever panic lowered your pricing right before an inquiry call, stalked a competitor's packages at 11:47pm, or freaked out after raising your rates, this one is for you.We talk about:The 5 Pricing Archetypes: Profit, Relationship, Impact, Capacity, and ExternalWhy pricing feels “icky” sometimes (and what's actually happening)How to raise prices without panicking about losing bookingsSetting boundaries as a relationship-driven wedding proDetermining your true capacity (especially as a parent or solo business owner)Why profit should be part of your pricing strategy without sacrificing heartThis conversation will help you finally understand why you price the way you do, and give you the confidence to fully own your Pricing Archetype instead of fighting against it.Resources and Ways to Connect with Danison:Connect with Danison on Instagram: @bowtieandbizTake the Pricing Archetype Quiz: bowtieandbiz.com/priceVisit Danison's website to learn more: Bowtie & BizAs always, thank you for being here for another Wednesday on the I Do Wedding Marketing Podcast.

If you're looking to scale your business, reinvent your career, or just hear a story that's as heartfelt as it is instructive, you won't want to miss this candid conversation.Hosts Glenn Harper and Julie Smith sit down with the dynamic Marc L. Daniels—also known as the Billion Dollar Coach. From his entrepreneurial beginnings in New Jersey to orchestrating multi-million dollar exits and even running an alpaca farm on Martha's Vineyard, Marc L. Daniels shares a wild ride packed with sharp business insights and personal transformation.This episode goes into Marc L. Daniels's unexpected pivots: rescuing a Radio Shack dealership from the brink, revolutionizing startups, and leading companies through explosive growth—all while staying grounded with stories of family, resilience, and a healthy dose of humor.Along the way, he opens up about the life-changing events that shaped his fearless approach, the strategies behind his success, and why having a plan is non-negotiable for any entrepreneur.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.Moments07:34 "Winning Scholarship and Career Path"11:24 "West Milford's Economic Decline"19:17 "Visionary Paper Route Deal"26:54 "First Business Pivot Success"28:48 "Whiteboard Dashboard for Metrics"36:52 "Board Management Tech Amid Crisis"43:48 "Weaknesses and Unpredictable Threats"46:11 "Finding Profitable Industry Trends"52:53 AI: Business Tool, Not Trend55:53 "Meetings Matter for Project Success"01:00:59 Accountants: Helping is Core ValueRunning 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.Here are three key takeaways:Embrace the Pivot: Marc's story is proof that changing directions—whether it's switching industries or business models—can be your biggest opportunity. He spotted industry trends early and wasn't afraid to pivot, from computers to consulting to farming, and then back to business again.Strategic Planning Wins: Marc emphasized that “hope is not a strategy and hustle is not a plan.” He encourages every entrepreneur to have a written business plan, regularly meet with their team, and use tools (like AI) to leverage trends. Execution is everything.Know Your Endgame: Marc challenges entrepreneurs to plan their exit early. Whether it's selling, passing on, or scaling down, having clarity on your business's future is critical for long-term success.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 profit in two years. She now empowers other CPA firm owners nationwide through consulting and speaking, teaching them how to run their businesses like entrepreneurs. Julie lives in Columbus, OH with her family and enjoys travel, coaching basketball, sporting events, and the occasional shopping spree.Copyright 2026 Glenn Harperhttps://creativecommons.org/licenses/by-nd/4.0/

Artsiom Kazimirchyk, co-founder and CEO of Campaignswell, joins Apptivate to break down predictive LTV modeling, the critical flaws in how teams measure unit economics, and why today's mobile marketers need unified tools that connect profitability analysis across channels. The conversation covers what's broken in traditional LTV reporting, the technical pain points of fragmented data definitions across platforms, and how accurate cohort analysis can unlock smarter budget allocation. Questions addressed in this episode: What is Campaignswell, and what problem is it solving for mobile marketers? What is wrong with traditional LTV reporting? What exactly is predictive LTV and how far out can you forecast? Which monetization models are easiest versus hardest to predict LTV? When teams estimate their own LTV, how accurate are they usually? What immediate changes can marketers make if their LTV is poorly defined? How does Campaignswell guide budget allocation across different channels? What is the elevator pitch for Campaignswell to get teams to adopt it? Why is cohort analytics misunderstood by most marketing teams? How should marketers think about payback periods when measuring campaign efficiency? Timestamps: (0:26) — What Campaignswell is and what problem it solves for marketers (1:24) — Building Campaignswell as a single source across all teams (5:20) — Why speed matters in campaign decisions (7:50) — The hidden costs in LTV (9:47) — Predictive LTV and calculating on specific horizons (11:19) — Why subscription monetization is easiest to predict (16:19) — Client LTV predictions: When teams' numbers are off by 2x or more (20:27) — Matching optimization targets to the right LTV metrics across channels (26:22) — Why cohort analytics is misunderstood by most marketing teams (28:20) — Lightning round: First thing every morning (29:49) — Closing: Where Artsiom wants to travel next Quotes: (8:07) "Apple takes 30 percent of your revenue by default. It's really huge. It might be all your margin. And if you cannot calculate it, your comparison with customer acquisition cost might be wrong.” (25:20) “Using Campaignswell, you won't be in a situation where one team says they have a CPA of $20 bucks and another team says it's $30.” (29:14) "I noticed that marketing spend was $600,000 per day with really strong performance. ROI was something around 30 percent. So it's a really huge amount of marketing budget. The first thing I thought was there's probably something wrong." Mentioned in this episode: Campaignswell Artisom on Linkedin

With over a decade of hands-on experience in bookkeeping and eight years specializing in tax preparation, Caitlin brings a strong foundation of financial expertise and reliability to our team. Holding an accounting degree and currently working toward CPA licensure, Caitlin is dedicated to providing accurate, timely, and client-focused support to small businesses and individuals.Learn more: https://www.knollcpa.com/The information provided in this content is for general informational purposes only and should not be construed as personalized financial, tax, or legal advice. While every effort has been made to ensure accuracy, laws and regulations frequently change and may vary depending on individual circumstances. Please consult a qualified financial, tax, or legal professional for advice specific to your needs before making any decisions. Knoll & Company P.C. and its representatives do not provide legal advice. All services are provided in accordance with applicable professional standards and ethical requirements.Influential Entrepreneurs with Mike Saundershttps://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/Source: https://businessinnovatorsradio.com/interview-with-caitlin-wedgewood-partner-with-knoll-company-p-c-discussing-transition-at-the-firm

With over a decade of hands-on experience in bookkeeping and eight years specializing in tax preparation, Caitlin brings a strong foundation of financial expertise and reliability to our team. Holding an accounting degree and currently working toward CPA licensure, Caitlin is dedicated to providing accurate, timely, and client-focused support to small businesses and individuals.Learn more: https://www.knollcpa.com/The information provided in this content is for general informational purposes only and should not be construed as personalized financial, tax, or legal advice. While every effort has been made to ensure accuracy, laws and regulations frequently change and may vary depending on individual circumstances. Please consult a qualified financial, tax, or legal professional for advice specific to your needs before making any decisions. Knoll & Company P.C. and its representatives do not provide legal advice. All services are provided in accordance with applicable professional standards and ethical requirements.Influential Entrepreneurs with Mike Saundershttps://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/Source: https://businessinnovatorsradio.com/interview-with-caitlin-wedgewood-partner-with-knoll-company-p-c-discussing-tax-preparationservices

$175K at 62 — Is Retirement Even Possible?**Schedule your free virtual consultation

Kenji Kuramoto is the Founder and former CEO of Acuity, a pioneering outsourced accounting and fractional CFO firm that built and maintained financial functions for thousands of innovative entrepreneurs. Under his leadership, Acuity became one of Accounting Today's Top Firms for Technology and a Top Firm to Work For, before merging into Sorren in 2025. In this episode, Kenji joins Jason M. Blumer, CPA, to unpack what really happens when you step away from something that's still working. He shares the full story behind Acuity's 20-year journey, the decision to run a proactive merger process, and why he ultimately chose not to continue into the next chapter with Sorren—despite being Acuity's founder and leading the proactive merger process. The conversation explores the emotional reality of leadership transitions: identity loss, grief, relief, clarity, and the discipline required to not hold on too long. Kenji reflects on the surprisingly anticlimactic nature of closing day, the importance of timing your exit well, and how staying deeply connected to the profession helped him navigate life after stepping away. Today, Kenji is an investor, founder, and advisor focused on reimagining the future of the accounting profession. He is the founder of 404 Invests, an early-stage investment firm backing Accounting Technology, SaaS, FinTech, and Crypto companies. Earlier in his career, Kenji served as CFO of an Inc. 5000 tech company and began in the assurance practice at Arthur Andersen. If you're a firm owner considering succession, a merger, retirement, or your own next chapter as a leader, this episode offers rare honesty and perspective you won't often hear.

You may have seen a recent article featuring Elon Musk suggesting that, with current advances in AI, saving for retirement may one day be a thing of the past. While that idea might sound appealing, especially if you're worth a few hundred billion dollars, the rest of us may want to hit pause before embracing such a bold claim. On today's show, we'll dive into why prudent saving is still very much in vogue, and why consistent, intentional planning continues to pay off. Spoiler alert: The fundamentals still matter! We'll also be joined by local CPA, Jon Sluis, who will break down key changes in this year's tax landscape. While recent legislation introduced some attractive benefits, those perks can sometimes create complications down the road if not handled carefully. Jon will share his top five tips as we head into tax season – and yes, "planning" shows up more than once. It's shaping up to be a great show packed with insight, perspective and practical takeaways. So be sure to tune in, stay informed and take control of your financial future. 

Taxes don't have to be the thing you avoid until April. In this episode of The Portrait System, Nikki sits down with Heather Leicy (tax prep educator + bookkeeper + working photographer) to break down photographer tax deductions, year-round tax prep, and the biggest “can I write this off?” mistakes.You'll learn:What to do monthly so you're not scrambling at tax timeA simple system for setting aside 20–30% for taxesCommon photographer deductions: education, software, gear, website costs, client giftsThe truth about meals/coffee write-offs (when it counts, when it doesn't)Home office deduction basics and “dedicated space” rulesWhy mileage tracking is one of the most missed deductions (and the app Heather recommends)A simple breakdown of LLC vs S-corp taxation and why it's a math decisionWhy sales tax rules vary so much by state (digital vs physical vs services)Important: This episode is for educational purposes only and is not tax, legal, or accounting advice. Tax laws vary by location and change over time. Always consult a qualified CPA/tax professional about your specific situation.Find HeatherInstagram: @heather.marie.LeicyCommunity: Conquer Community – theconquercommunity.comIf you enjoyed this episode, please subscribe, leave a review, and share it with a photographer friend who needs a tax reset.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What if the smarter path to building wealth online isn't launching a new business… but acquiring something that already works? In this episode of The Opportunity Podcast, we sit down with Paul Lajoie, a CPA turned acquisition entrepreneur who has bought more than 25 businesses over the past two decades.Paul breaks down his experience starting businesses from scratch vs buying established businesses. The difference is night and day. Paul's success rate in buying businesses is 92%. When starting from scratch? Just 25%. A large part of Paul's success is his buying criteria. He focuses on businesses that have been around for at least ten years and have already survived economic downturns. He looks for proof of resilience, not just potential. He also opens up about the early mistake that nearly derailed his first deal. Running out of working capital was a hard lesson, but one that shaped how he approaches every acquisition today. We also discuss why the structure of a deal can matter more than the purchase price, how seller financing works in practice, and the importance of diversification in business success. If you're an online business owner thinking about buying instead of building, or an entrepreneur searching for a smarter path to financial freedom, this conversation will challenge how you think about growth, risk, and long-term wealth. Topics Discussed in this episode: Paul's experience going from being a CPA to buying 25 businesses (02:15) Buying vs building from scratch and why Paul prefers acquisitions (05:11) Paul's acquisition criteria and why deal structure matters more than price (07:01) Paul's advice on seller finance deals and how he  finances his acquisitions (15:37) Due diligence best practices and major red flags to avoid (20:05) The niches Paul favors and how to protect businesses from AI (23:17) Why diversification is critical for long-term success (32:11) The realities of absentee ownership and the importance of working capital (36:17) How Paul manages multiple businesses at the same time (51:37) The best professional advice Paul has ever gotten (53:22) Mentions:  Empire Flippers Podcasts Empire Flippers Marketplace Create an Empire Flippers account Subscribe to our newsletter BizBuyPro The Exit Plan book by Paul Lajoie Sit back, grab a coffee, and learn how to acquire a portfolio of successful businesses.  

In this episode of the Tax Smart REI Podcast, Thomas Castelli and Nathan Sosa dive into a recent Tax Court case that's turning heads in the tax community. They break down how a taxpayer's DIY tax returns spiraled into a full-blown IRS audit, with the IRS reconstructing income through bank deposits, uncovering significant underreported receipts, and disallowing deductions when documentation couldn't be produced, including depreciation tied to rental properties. But the wildest part? The defense relied on AI-generated, hallucinated Tax Court case citations that didn't actually exist. It's an expensive lesson in why AI isn't ready to be your CPA and why “close enough” recordkeeping can get you crushed when the IRS starts asking questions. If you're investing in real estate, running a business, or leaning on AI for tax answers, this episode is a must-listen on why bookkeeping, documentation, and competent representation matter more than ever. 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 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.

Key Performance Indicators (or KPIs)! By establishing KPIs in your practice, you find ways to remove the emotion that doesn't need to be there. Tiff and Kristy explain how KPIs drive a practice — and how to implement them if you haven't started yet. Episode resources: Subscribe to The Dental A-Team podcast Schedule a Practice Assessment Leave us a review Transcript: The Dental A Team (00:00) Hello, Dental A Team listeners. We are back again today and I say we again because I've got Miss Kristy here with me. You guys know how much I love her and podcasting with her is just, I told her today, like I just, you bring a sense of calm and it's great and letting it be on a, like Thursday afternoon, this is kind of cool for me ⁓ and ending my week. I've got, you know, we've got things to do tomorrow, ending calls with this is really, really cool. So Kristy, thank you so much for being here today. How are you?   The Dental A Team (00:29) Good and you?   The Dental A Team (00:31) I'm good,   thank you. ⁓ I'm... I was gonna say that, like what the heck? I'm so glad you're here though because, you know, this time last year you were here in snow and ice and I'm so glad you're here but it is cold and I heard you guys, record these, this is January right now, it'll be released in February but it's like so cold. It's like 43 degrees in the morning here and us Arizona women are just not used to that so.   The Dental A Team (00:34) It's cold for Arizona.   The Dental A Team (01:01) I agree and there's supposed to be ice and snow coming, not for us, we get rain, thank goodness, but I'm like, that's why we live here, so we don't have to deal with ice and snow. yeah, puts a little damper on travel, so we'll see. We'll see how that goes, but I am glad that you're here. This is the time of year that everybody comes and visits. February is a massive, massive time to be in Arizona. In March, we've got spring training games going, we've got...   Waste Management Open, we've got, oh my gosh, every weekend there's a taco festival or something going on. So this is the prime time to be in Arizona. If you wanna come visit, tell us that you're coming and we'll be happy to give you some suggestions. Kristy, we talk about these a lot and I'm excited because I know you actually thrive in this world a ton. You make decisions based on these. are phenomenal at projections.   four practices and the world of KPIs, which you guys, for those of you who don't know, key performance indicators, those are the indicators within your practice that tell you how you're performing. I had years and years and years ago now, like way too long to even count, I had a manager one time and she said, Tiff, I want you to start joining the KPI meetings on Thursdays with the CPA doc and I. And I said, okay. And then I ran over to my computer and I was like, Google, what is KPI? What does KPI mean? I was like, I'll be there.   That sounds great. This is like growth for me. You're putting me in. I was like, yep, I'll be there. And then I was like, what does this mean? So if you don't know what it means, you're not using them, you are not alone. I had to Google that once upon a time. And that was before Chat GPT. I feel like I would have been so much better off if I had that to break it down for me. But alas, here we are. And Kristy, I love KPIs. I love black and white decision making. I love any opportunity we have that we can remove some emotion.   from a decision, especially in the dental industry. We have a lot of emotions in the dental industry and being able to remove those and say that yes or no something is or isn't working. And my favorite piece of that is when we do that, Kristy, I think it gives us the opportunity to tackle the system and not make it personal about the person. Like it might not be that you suck.   it's that the system's not working or we're not using it correctly. And if that's the case, I'm fine. We start using it correctly or we alter it. But I think, Kristy, it makes me feel a lot better about accountability and about KPIs and just about leading teams when it's less about a feeling and a person and more about the system. So I'm excited. Kristy, tell me, why do you love KPIs?   The Dental A Team (03:41) Yeah, for the same reason, Tip, because so many times we see people focused on the wrong thing. And when you really dial into the metrics, they start to tell a story, right? And sometimes even metrics can look a little bit deceiving, but that's why I like to say the numbers start to tell a story. And then we get to dig into it and figure out the story. So, you know, just in saying that, I think if I wasn't doing what I was doing, I would be some kind of detective. And I mean,   The Dental A Team (04:09) I think   you would too.   The Dental A Team (04:10) Maybe that's why it's so exciting for me, but like, and it's truth, right? The numbers don't lie. And so a lot of times we have misperceptions on things and that's the human aspect. So to give grace on us, and I also feel like what we measure expands, it grows, right? And so if we're focused on the wrong thing, what do we get more of? And so,   The Dental A Team (04:33) Mm, true.   The Dental A Team (04:40) I just think it's the fastest way to make improvements. And it's kind of funny Tiff, because in other things we do, if we want to lift weights or we want to lose weight, what do we do? Get on the scale or we're like, we lift 50 pounds. my gosh, I added another weight. We measure it really well, but in dentistry it's like taboo. ⁓ we can't do it. Like it's so bizarre, right? But I just, again, it's the true measure. We talked about this.   The Dental A Team (05:02) I agree.   The Dental A Team (05:07) on a different podcast of winning. It truly lets us know if we're winning or losing, and maybe we'll focus on the wrong thing, right? I know you've heard it a zillion times. Doctors come on, need more new patients. I need more new patients. I need more new patients. And we look at their outstanding treatment list and it's like $3 million. And I'm like, do you really know what you mean? Right? So again, sometimes it lets us win faster because we can breathe direct and focus on   The Dental A Team (05:26) You   for sure.   The Dental A Team (05:37) what's really gonna get us there.   The Dental A Team (05:40) Yeah, I love that you said that. I love the idea of focusing on the wrong thing because I think we do that a lot. focus on the negative, right? We're like, what was our attrition rate instead of what's our new patient and our active patient count? Are those growing? Because if our new patient count and our active patient count are growing, attrition's fine. But if we're looking at attrition rate, we're like, how many are we losing? We're grasping. It's a different kind of energy and that will grow. So if you're looking at it,   you want your attrition to grow, then keep watching it. If you want your active patient count to grow, keep watching it. And if it's not growing, then you tackle the systems and assume attrition is happening. So I love that you said that because it broke it down, I hope for everyone, a little bit differently there. And our podcast today is How KPIs Drive a Practice. And I think in that simple statement and those two minutes you were just talking, you just broke it down, like verbatim on how it drives a practice because   what you focus on will grow no matter what. you're right, it's so everything in our life, we count everything. Like it's just human nature to count and track everything we do. We track our money, we track our expenses, we track our weights, we track our weight, we track everything that we do, we track our gas mileage. know, my sister's always like, ah, I got 16 gallons or whatever. I need to go get the best gas price. And I'm like, girl, I don't.   I don't know what she's like, what is your car get? I'm like, I have no idea. But there's, know, she's tracking that. But like, then we go into a dental office, it's like, don't talk numbers. Don't talk numbers. Don't track it. Because that's going to make somebody feel bad. It's like, no, we're going to track it. We're going to see that we're winning. And we're going to feel really, really good. Like my sister, sometimes she comes home and she's like, ah, I guess mileage was down. Sometimes she comes home and she's like, guess what? Simple. But that's how simple it can be.   doesn't have to be astronomical, but those small wins add up to something astronomical. And I have had so many clients that, I've had clients that have purchased practices, they're like, all right, when are we starting marketing? I'm like, well, what do you mean? You've got, like, what's your patient count? What's your active patient count? And then what's the total patient count of that practice? Because you have, every patient right now is a new patient. Starting marketing,   is a wild use of your money. Let's internal market, let's get your exams better. There's so many different avenues that we think are just the norm, so we jump on board with them. But then when we pull and extract those actual KPIs, we can find the root of what we need and the root of any problems that there might be, any systems that need to be revamped. So I love that, because that's how you're driving success, by watching the KPIs.   Kristy, and you've got, I hope everyone knows, I don't say it every time, but Kristy's done so much in her dental career and held so many titles and she's consulted for far longer than she's even been a presence here at the Dental A Team. We're so grateful for her. Kristy, in all of your experience, what do you feel are the easiest KPIs to start tracking if we're not tracking any? And then what are the most valuable KPIs maybe that people don't think of?   The Dental A Team (08:53) Ooh, that's deep. Obviously, I think we have to look at it as like two different forks in the road, right? Because so many times we hear the practice of a million dollars and then we hear the practice of six million. And I think doctors, you guys get all ramped up and think if I'm the million dollar guy, why am I the six million dollar guy? And I'm thinking, wait, wait, you don't necessarily want to be that guy. You're actually more profitable than, you know.   The Dental A Team (08:55) I I like that one.   Correct.   The Dental A Team (09:22) So it's not just what's happening in the practice, but also how profitable you are, right? And truly us here at the Dental A Team, we're looking to make sure you're hitting that profitability because that's where the true freedom is. But with that being said, the biggest KPIs out of the gate is what do I need to hit every month to be profitable? And then I measure my production, net production.   and collections. And ⁓ I am going to throw new patients in there, but in a different way, because doctors do want new patients and a lot of times they're getting them. But don't just look at how many I'm getting. Look at how many are reappointing. ⁓ you know, it's one thing that you're getting them and you might be doing limited, limited and letting them go out the back door. So again, look at those, but also   put more weight on how many are getting reappointed. And then ⁓ I also like doctors to look at diagnostics, dollars and diagnostic or sorry, acceptance dollars and percentage. ⁓ They go hand in hand. It can't just be percentage of acceptance because maybe I'm not accepting enough to even get to that goal. Yeah.   The Dental A Team (10:31) case acceptance.   Yes,   yes, I love those. Yeah.   The Dental A Team (10:46) And lastly,   probably in that tip would be your reappointment rate. How many are we reappointing? Because keep those patients of yours. Don't have to spend so many external dollars to gain more because if we just keep what we have and too often we look at how many people are sitting in our inactive pile or we don't look at it and you have a whole nother practice sitting there that you could tap into.   The Dental A Team (11:13) Yeah, I love that. I love what you said about the case acceptance dollars, the diagnostics and the case acceptance dollars. I too have doctors, I love having them ⁓ track their diagnosis and then their dollars. Number one, I hated being a treatment coordinator that had no control over how much was being diagnosed and only initially when I was treatment coordinator, were really only looking at case acceptance, which is very popular.   So case acceptance, case acceptance, and then they're like on your neck and that call these three people, why didn't these, like call the people and like I have called all the people. I can't, and we have so many clients, right, that the TC's are like I've called all the people, Tiff, can't, Kristy, I can't call anymore. Cool, it might not be in the case acceptance. Sometimes it's in the diagnosis and then to loop back to your new patient statement, all of those go so hand in hand and this is why, ⁓ heaven help me, this is why.   things like our scorecards, clients of Dental A Team that talk about the scorecard. This is why the scorecard is so important because you can look at a dental analytics screen and it's choppy, all over the place. The scorecard brings it together so that you can see what's affecting something else because to your point of the new patients, I had a practice near and dear to my heart. He hit his massive goal this year and I'm so proud of him. We worked really hard on, it was, you know,   Timelined out for five years and he hit it literally two weeks before his deadline, his date. One of the things that was holding his practice back was the new patients. He needed more new patients, needed more new patients, so his marketing company is like, all right, we're gonna ramp up new patients. And then all of a sudden we've gotten new patients, but it's like, we're not growing. There's nothing on the schedule, what's happening? And so I said, okay, what kind of new patients? And we had so many emergency, limited, transient, going through town, looking for an emergency.   He was doing a lot of same day dentistry, but not getting things booked on the schedule and not really adding to his patient count, because there wasn't reappointments happening. When we dialed that in, we found that and I was like, here's the key, switched his marketing, his new patients went up,   Then we focused in on his case acceptance. And then like you said, with the dollars, we're seeing, are they accepting fillings?   Are they accepting crowns? Are we getting the near cases? Like what is the case acceptance percentage is cool, but what are we actually, what's the procedure that's being the dollar amount and is there a ceiling maybe in our treatment planning, either back office, front office, wherever it is, is there a ceiling that our system needs to be able to help us overcome in diagnosing a certain dollar amount or treatment planning a certain dollar amount?   The Dental A Team (14:03) Yeah, I love that you say that, And as the TC, that's the one that gets me because so many doctors go back up there or come to us and say, they're just not closing it. And I always tell my practices, case acceptance is a team sport. And literally, it starts from before they even call the office. Like everything you're doing is contributing to their trust. And so ⁓ truly, docs,   I know you don't want to hear this, but it's your job to get them to yes with treatment and ⁓ financial coordinators get them to yes financially. So some of them can work heroics and they do, but it is totally a team sport. So going back to the diagnostics too, you asked a tool that I use ⁓ that maybe isn't so looked at. And I would say print your procedure count report yearly and just take a look, you know?   Are you doing four surface fillings? And I'm not saying that you shouldn't, but is it aligning with your philosophy? And are you giving patients the choice for long-term care? Because sometime that probably four surface filling is going to turn into something, you know? And let your patients decide. Let them decide.   The Dental A Team (15:18) Yeah.   Yes, I love that I have worked with many practices that they do give the options, but they assume that their patient base wants something specifically or can only afford something specifically. So they may give the options, but they kind of talk them into starting with something and started just leaving it on the table and saying what, if this were your mouth and roles were reversed, that we often say,   this were your mom, if this were your sister, if this were your brother. But I like to think, what if we were in different seats and the patient or the dentist, you were sitting in that chair, what would you want someone to tell you? Because you might even still err on the side of like, mom, when it happens, we'll fix it, but like, let's just do this patch for now, right? Because I don't, we don't want to get you numb. Like you might still err on that side for a family member, the, know, quote unquote conservative, but if you were sitting in that chair,   what would you want the dentist to say to you? And I think that makes a massive difference. And that is like your detectiveness, right? That's your detectiveness, but it works and it's what practices need sometimes. And I think, Kristy, part of those pieces, and you showed me your AR thing yesterday and how you diagnose that. And sometimes we do have to go to those spaces.   The Dental A Team (16:17) Yeah.   Yeah.   The Dental A Team (16:40) because you can't see it in the other areas. like, gosh, something is here, but that's why you look at those KPIs that are gonna drive success. And then when one of them isn't working, when one of them isn't hitting the metric that you want it to, you dive deeper. You're not just going to say, okay, every month let's pull the procedure code report. You're gonna say, if case acceptance, if we're not hitting production, case acceptance isn't working or diagnosis isn't working, now we're gonna dig a little bit deeper.   I think what tends to happen is we either go surface and we're like, everything's fine and we ignore issues or we go so deep that we're in the weeds and nobody has time to see the patients. We're just pulling reports all the time.   The Dental A Team (17:20) Yeah, it's so funny. So much psychology goes into it, right? Like our doctors get so upset in dentistry. I remember like doctors thinking, well, we're the only ones that do free consults. Medical doctors don't do free consults. Why do we do it in dentistry? You know what I mean? But yet we also complain, my schooling costs so much and they don't want to pay me what I'm worth, you know? And it's like,   Almost everything, it's funny when we get into it and I work with clients, I'm like, we kind of caused it. We taught them. How many times do we answer the phone and we go, do you have insurance before we even know their name? You know? So it's funny. It's like an oxymoron in a way, but I love that you brought that up because many times we do it to ourselves.   The Dental A Team (18:10) Yeah, yeah, we just spin our wheels on something, to find it and trying to get it right in an industry where nobody's taught how to do this stuff. guys, doctors learned how to be dentists and that's it. It's a rare occasion that you come across anybody who is taught how to run a dental practice. And dental is different than medical. So even healthcare professionals, right? People who have a degree in healthcare management, it's different.   This is why we're here. This is what we do. This is this is years and years. mean, across the whole Dental A Team team, like we should count that up. That'd be a lot of years. I don't even know anymore. We've grown to so many consultants. I don't even want to try to count that right now. We'll do that later. We'll ask Josh to do that for us. But regardless, there's so much wealth of knowledge here in.   The Dental A Team (18:57) Yeah.   The Dental A Team (19:04) ensuring that and we've done such a great job at finding the solutions and the systems to at least get templates and things started to customize for practices. I think that's just an immense value that consultants like the Dental A Team bring is that space of uniformity. these are things that we've seen work. Let's start here and then let's layer on top for you and let's adjust it for your practice and your team.   and those KPIs that drive success, pretty universal. And you said, you know, the common ones, production collections, new patients, diagnosis, case acceptance, and I loved your reappointment rate for new patients and just in general, those tell you the stories. And then from there, we dig and dive deeper. So I love it, Kristy. Thank you so much. think if I were to give an action item, it would be to revamp.   your KPIs if you're digging too deep and grab some new ones if you're not going deep enough, if that makes sense. So, Kristy, anything else you'd like to add?   The Dental A Team (20:09) No, I love it. The only thing I would say, Tip, I know you have the saying down better, but use, love the numbers, right? Don't use them as sticks, is that?   The Dental A Team (20:17) Yeah.   Yes,   yes, numbers are here to guide us. They're stars to guide us. They're not sticks to beat ourselves up with. Yeah, years and years of presenting with Kiera. Awesome, well you guys, go check your KPIs, go check your scorecards. If you're a Dental A Team client, you should have a scorecard. If you don't, get after your consultant. Everyone has scorecards this year, so we're good to go. But if you don't know how to use it or if you're confused by it,   The Dental A Team (20:26) There you go. Love it. Yeah. Love it. ⁓   The Dental A Team (20:48) or if you're not a Dental A Team client yet and you want information on it, please by all means reach out. We're here to help you. We wanna make sure that everyone is successful, whether you are a one-on-one client with us, a group client, or just here as a listener, we wanna make sure that you are all successful. So reach out, Hello@TheDentalATeam.com, and you guys, we'll catch you next time. Thanks so much, thanks, Kristy.   The Dental A Team (21:08) Thank you.  

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In this Tax Tuesday episode, Anderson's Barley Bowler, CPA, and Eliot Thomas, Esq., address listener questions on a wide range of tax strategies for real estate investors, business owners, and healthcare professionals. They explain how seller financing affects the ability to use cost segregation and bonus depreciation under IRC Section 465's at-risk rules, and how a single-member LLC can recoup startup education costs through a C Corporation structure with shareholder loans. Barley and Eliot walk through the powerful tax advantages of setting up a management C Corporation over a Wyoming holding company — including medical reimbursements, accountable plan deductions, and W-2 solo 401(k) options. They cover what Medicare premiums and COBRA costs are reimbursable through a C Corp's medical reimbursement plan, how the Section 121 exclusion works for primary residence sales, and what options exist for mitigating a seven-figure business sale gain. Other topics include write-offs for uncollected insurance balances in healthcare practices, avoiding required minimum distributions by rolling into an employer plan, and electing pass-through entity tax in New York for investment partnerships. Tune in for expert guidance on these strategies and more! Submit your tax question to taxtuesday@andersonadvisors.com Highlights/Topics: 7:18 — "How does the use of seller financing impact the ability to use strategies such as cost segregation and bonus depreciation?" Under IRC Section 465, your deductible losses are limited to the amount you have personally at risk. First phrase: "This is a great question. This covers a lot of different angles." 15:27 — "The business failed to make any profit in year 1. How are those initial costs recouped, and how much can be carried forward to future years?" A C Corp election allows full education deductions; fund via shareholder loan for tax-free recoupment. First phrase: "A single member LLC spent $9,500 on training and other related startup costs." 21:06 — "If I operate one LLC per real estate project, does it make sense to have a separate management entity to deduct shared expenses like an assistant, office costs, business meals, travel, and pre-development work? What's the correct tax structure?" A management C Corporation reduces rental income and allows tax-free reimbursements to the owner. First phrase: "If I operate one LLC per real estate project, does it make sense to have a separate management entity..." 27:45 — "What components of Medicare premiums are reimbursable by my property management C corporation?" Out-of-pocket Medicare and COBRA premiums qualify; general wellness supplements typically do not. First phrase: "What components of Medicare premiums are reimbursable by my property management C Corporation..." 38:10 — "If I sell my house, how long do I have to buy something else before I owe capital gains tax? Do I need to purchase the next home for more than the sale of the house or is there a percentage of that value?" Section 121 excludes up to $250K single or $500K married with no replacement property required. First phrase: "If I sell my house, how long do I have to buy something else before I owe capital gains tax?" 44:45 — "For my healthcare practice, where can I write off balances that insurance refuses to pay, and promotions/certain population deals where I give service discounts or free visits/supplement packages for charity events?" Cash-basis taxpayers cannot deduct uncollected income, and donated services are not tax-deductible. First phrase: "For healthcare practice, where can I write up balances? Insurance refuses to pay." 50:02 — "Can I avoid taking Required Minimum Distributions at age 73, if I roll over my retirement contributions from a previous employer's plan to my current employer's plan?" Rolling into a current employer plan may defer RMDs if you are not a greater-than-5% owner. First phrase: "Can I avoid taking required minimum distributions at age 73?" 53:12 — "Can an investment partnership elect the Pass Through Entity Tax in New York? What are the issues creating/dissolving investment partnerships?" New York allows any partnership to elect PTET, generating a valuable federal-level tax deduction. First phrase: "Can an investment partnership elect the pass through entity tax in New York?" 59:38 — "I sold my company, and I am coming into a 7-figure settlement soon. What can I do with that money to decrease my taxes?" Explore charitable remainder trusts, qualified opportunity zones, and capital loss harvesting strategies. First phrase: "I sold my company and I'm going to come into a seven figure settlement soon." Resources: Tax and Asset Protection Events — Live workshop in Las Vegas, March 19–21 https://andersonadvisors.com/real-estate-asset-protection-workshop-training/?utm_source=how-to-structure-a-tax-efficient-management-entity&utm_medium=podcast Schedule Your FREE Consultation — Scan the QR code or visit the link to book your strategy session https://andersonadvisors.com/strategy-session/?utm_source=how-to-structure-a-tax-efficient-management-entity&utm_medium=podcast Anderson Advisors https://andersonadvisors.com/ Toby Mathis YouTube https://www.youtube.com/@TobyMathis Toby Mathis TikTok https://www.tiktok.com/@tobymathisesq Clint Coons YouTube https://www.youtube.com/@ClintCoons

Jeremy Keil explains the 5 RMD (Required Minimum Distribution) mistakes in Retirement and how to avoid them. A retiree recently called for help. It was their first year taking Required Minimum Distributions. They had delayed their first RMD until April of the following year — which meant taking two distributions in one tax year. That part was allowed. In some cases, it can even be strategic. But when they called their IRA custodian and asked, “How much should I withhold for taxes?” they were given the default answer: 10% federal withholding. They assumed that must be right. It wasn't. They ended up short on taxes by more than $10,000 — and owed penalties on top of that. That situation wasn't caused by breaking a rule. It was caused by following the rule without a plan. And that's where most RMD mistakes begin. I recently wrote an article for Kiplinger magazine titled “5 RMD Mistakes That Could Cost You Big-Time: Even Seasoned Retirees Slip Up” and for this week's episode of the “Retire Today” podcast I decided to talk through each of these mistakes in detail. Mistake #1: Waiting Until Age 73 to Create a Plan Turning 73 is not a strategy. If you wait until the government forces your first RMD to think about it, you've already missed years of opportunity. The window between retirement and RMD age is often the most flexible tax-planning period of your life. In those years, you may have: Lower earned income No required withdrawals yet Control over when and how you take distributions That's prime territory for intentional tax planning. Once RMDs begin, you've lost some flexibility. In the KEEP step of the Retirement Master Plan, tax timing matters. RMDs don't happen in isolation. They interact with Social Security, pensions, and brokerage income. Planning ahead—sometimes a decade ahead—can dramatically change the long-term outcome. Mistake #2: Failing to Make Use of Qualified Charitable Distributions (QCDs) This one surprises me every year. RMDs currently begin at age 73 (moving to 75 for those born in 1960 or later). But Qualified Charitable Distributions still start at 70½. That means you can send money directly from your IRA to a charity before RMDs even begin. Why does that matter? Because a QCD: Reduces your IRA balance (lowering future RMDs) Keeps the distribution out of your taxable income May help limit Social Security taxation May help reduce Medicare premium surcharges Many retirees continue writing checks to charities from their checking account, hoping for a deduction. With today's larger standard deduction, many people don't itemize at all. Going directly from IRA to charity is often more tax-efficient—and sometimes dramatically so. If charitable giving is already part of your plan, the tax strategy should be part of it too. Mistake #3: Doing the Wrong Tax Withholding When retirees call their custodian to take their RMD, they're often asked: “How much would you like withheld for taxes?” The default federal withholding is often 10% for IRAs and 20% for 401(k)s. Many people assume, “That must be right.” It often isn't. I recently saw a retiree who delayed their first RMD until April of the following year—which meant taking two distributions in one year. They defaulted to 10% withholding. They ended up underpaying taxes by more than $10,000 and owed penalties. The custodian can't provide tax planning. That's not their role. Before taking an RMD, you need to project: What tax bracket you'll land in Whether additional withholding is necessary How this affects your overall estimated payments Again, this falls under the KEEP step. Don't let the default settings dictate your tax bill. Mistake #4: Not Realizing How Your RMD Income Affects the Rest of Your Tax Return RMDs don't just increase taxable income. They can: Make more of your Social Security taxable Push capital gains from 0% into taxable territory Trigger Medicare IRMAA surcharges Many retirees focus only on their marginal bracket. But the real issue is tax cost, not tax bracket. An extra $20,000 RMD might not just be taxed at 22%. It could cascade into additional taxation elsewhere. That's why projections matter. You don't want to discover these ripple effects after the fact. Mistake #5: Forgetting That the M in RMD means ‘Minimum,' not ‘Maximum' The M in RMD stands for minimum. It does not mean that's the only amount you're allowed to withdraw. You can: Withdraw more than your RMD Complete Roth conversions after satisfying the RMD Send more than your RMD amount to charity (subject to QCD limits) Sometimes taking more than the minimum makes sense—especially if it smooths taxes over multiple years. RMDs are a rule. They are not a retirement strategy. The Bigger Lesson RMDs are not just a government requirement. They are a planning opportunity—or a planning hazard. They affect your income plan (MAKE), your spending plan (SPEND), your tax strategy (KEEP), and even what you ultimately LEAVE behind. The biggest mistake isn't misunderstanding a rule. It's treating RMDs as an isolated event instead of part of a coordinated retirement master plan. Because in retirement, small tax decisions compound just like investment returns may do. And when handled intentionally, RMDs don't have to derail anything at all. Don't forget to leave a rating for the “Retire Today” podcast if you've been enjoying these episodes! Subscribe to Retire Today to get new episodes every Wednesday. Apple Podcasts: https://podcasts.apple.com/us/podcast/retire-today/id1488769337  Spotify Podcasts: https://bit.ly/RetireTodaySpotify About the Author: Jeremy Keil, CFP®, CFA is a retirement financial advisor with Keil Financial Partners, author of Retire Today: Create Your Retirement Income Plan in 5 Simple Steps, and host of the Retirement Today blog and podcast, as well as the Mr. Retirement YouTube channel. Jeremy is a contributor to Kiplinger and is frequently cited in publications like the Wall Street Journal and New York Times. Additional Links: – Buy Jeremy's book – Retire Today: Create Your Retirement Master Plan in 5 Simple Steps – “5 RMD Mistakes That Could Cost You Big-Time: Even Seasoned Retirees Slip Up” by Jeremy Keil, Kiplinger Magazine – https://www.kiplinger.com/retirement/required-minimum-distributions-rmds/rmd-mistakes-that-even-seasoned-retirees-can-make – Create Your Retirement Master Plan in 5 Simple Steps – 5StepRetirementPlan.com  Connect With Jeremy Keil: Keil Financial Partners LinkedIn: Jeremy Keil Facebook: Jeremy Keil LinkedIn: Keil Financial Partners YouTube: Mr. Retirement Book an Intro Call with Jeremy's Team Media Disclosures: Disclosures This media is provided for informational and educational purposes only and does not consider the investment objectives, financial situation, or particular needs of any consumer. Nothing in this program should be construed as investment, legal, or tax advice, nor as a recommendation to buy, sell, or hold any security or to adopt any investment strategy. The views and opinions expressed are those of the host and any guest, current as of the date of recording, and may change without notice as market, political or economic conditions evolve. All investments involve risk, including the possible loss of principal. Past performance is no guarantee of future results. Legal & Tax Disclosure Consumers should consult their own qualified attorney, CPA, or other professional advisor regarding their specific legal and tax situations. Advisor Disclosures Alongside, LLC, doing business as Keil Financial Partners, is an SEC-registered investment adviser. Registration does not imply a certain level of skill or expertise. Advisory services are delivered through the Alongside, LLC platform. Keil Financial Partners is independent, not owned or operated by Alongside, LLC. Additional information about Alongside, LLC – including its services, fees and any material conflicts of interest – can be found at https://adviserinfo.sec.gov/firm/summary/333587 or by requesting Form ADV Part 2A. The content of this media should not be reproduced or redistributed without the firm’s written consent. Any trademarks or service marks mentioned belong to their respective owners and are used for identification purposes only. Additional Important Disclosures

When your principal says they're thinking about buying a horse, what questions do you need to ask, and what do you need to know? Jen Shah is a tax director at the CPA and advisory firm Dean Dorton. She specializes in working with equestrian families, and says she's never met a family office that's excited to hear their principals are diving into this unique asset class. In this conversation, Jen shares what family offices and estate managers should know about horse ownership – from understanding the business to caring for a horse throughout its life. Tune in to hear the differences between managing sport horses and racing horses, the implications for insurance, accounting and care, and how to build a team of experts to properly support an equestrian family. Subscribe to the Easemakers Podcast to hear from more experts in the private service industry, and join the Easemakers community to talk to other estate managers and PSPs on a regular basis.  Enjoying the Easemakers Podcast? Leave us a rating and a review telling us about your favorite episodes and what you want to learn next!The Easemakers Podcast is presented by Nines, modern household management software and services built for private service professionals and the households the support.

The One Big Beautiful Bill Act (OBBBA), approved July 4, 2025, made the opportunity zone (OZ) incentive permanent and made several significant changes to the program. One key change is that, effective Jan. 1, 2027, each state will designate new OZs. On this episode of the Tax Credit Tuesday podcast, Michael Novogradac, CPA, and Novogradac partner Jason Watkins, CPA, discuss these changes and how they will impact tax incentives and eligibility criteria for qualified OZ investors. Novogradac and Watkins explain where the program stands and discuss a variety of issues that require guidance or clarification from the U.S. Department of the Treasury, including the designation of new census tracts. The pair also discuss how Treasury will implement the transition from OZ 1.0 to OZ 2.0. Finally, Novogradac and Watkins discuss the various efforts of the Novogradac OZ Working Group to highlight potential issues and offer recommendations for implementation guidance in the form of three letters to Treasury.

What if the smarter path to building wealth online isn't launching a new business… but acquiring something that already works? In this episode of The Opportunity Podcast, we sit down with Paul Lajoie, a CPA turned acquisition entrepreneur who has bought more than 25 businesses over the past two decades.Paul breaks down his experience starting businesses from scratch vs buying established businesses. The difference is night and day. Paul's success rate in buying businesses is 92%. When starting from scratch? Just 25%. A large part of Paul's success is his buying criteria. He focuses on businesses that have been around for at least ten years and have already survived economic downturns. He looks for proof of resilience, not just potential. He also opens up about the early mistake that nearly derailed his first deal. Running out of working capital was a hard lesson, but one that shaped how he approaches every acquisition today. We also discuss why the structure of a deal can matter more than the purchase price, how seller financing works in practice, and the importance of diversification in business success. If you're an online business owner thinking about buying instead of building, or an entrepreneur searching for a smarter path to financial freedom, this conversation will challenge how you think about growth, risk, and long-term wealth. Topics Discussed in this episode: Paul's experience going from being a CPA to buying 25 businesses (02:15) Buying vs building from scratch and why Paul prefers acquisitions (05:11) Paul's acquisition criteria and why deal structure matters more than price (07:01) Paul's advice on seller finance deals and how he  finances his acquisitions (15:37) Due diligence best practices and major red flags to avoid (20:05) The niches Paul favors and how to protect businesses from AI (23:17) Why diversification is critical for long-term success (32:11) The realities of absentee ownership and the importance of working capital (36:17) How Paul manages multiple businesses at the same time (51:37) The best professional advice Paul has ever gotten (53:22) Mentions:  Empire Flippers Podcasts Empire Flippers Marketplace Create an Empire Flippers account Subscribe to our newsletter BizBuyPro The Exit Plan book by Paul Lajoie Sit back, grab a coffee, and learn how to acquire a portfolio of successful businesses.  

You Can Follow Laura Here:Instagram: https://www.instagram.com/ganacomobookkeeper/?hl=en LinkedIn: https://www.linkedin.com/in/laura-grajales-51b226152/ Website: https://www.paragonacct.com/ Portal del Cliente & Acceso a Recursos: https://www.paragonacct.com/recursos Client Portal & Access to Resources: https://www.paragonacct.com/en/recursos Tools Mentioned: Influencer Taxes 101 Masterclass: https://sidewalkerdaily.com/influencer-taxes-101/ Gusto: https://gusto.pxf.io/55XYOn Monarch Money: https://monarchmoney.sjv.io/DyjnDy QuickBooks: https://quickbooks.partnerlinks.io/poygo9t2u82pIn today's episode of Influencer Confidential, we did things a little differently.I invited my CPA, Laura Grajales, to join me for a live Q&A all about Influencer Taxes, where Creators from our Inner Circle community were able to ask their real questions in real time.This episode was all about breaking down the things Creators are most confused (and stressed) about when it comes to money and taxes, in a way that actually makes sense.We covered topics like how much Creators should be setting aside for taxes, paying quarterly estimates, understanding tax brackets, and when it makes sense to form an LLC or S-Corp.Laura also cleared up common misconceptions around brand trips, gifted collaborations, reimbursements, and what actually counts as taxable income.If you're a Creator who wants to feel more confident managing your money and running this like a real business, without fear or overwhelm, this episode is a must-listen.Want to join our Inner Circle? Email: team@sidewalkerdaily.com to learn more!This episode can be seen on YouTube: https://youtu.be/bLpAfdV0NMc

How a CPA Built a 7-Figure Firm and Helped Clients Save $15M+ in Taxes | Michael Uadiale on Strategic Tax Planning Host Manny Torres interviews Michael Uadiale , a CPA and tax advisor with over 25 years of experience who founded a seven-figure firm and has helped clients collectively save over $15 million in taxes. Michael shares how moving to the U.S., earning a high-paying Silicon Valley job, and receiving a six-figure tax bill with no real planning from a hired CPA pushed him into tax advisory. He explains that tax outcomes can be shaped legally, ethically, and morally by using the tax code strategically, and describes challenges building his firm, including skeptical clients and CPAs resistant to planning. Michael emphasizes investing heavily in ongoing education due to constant law changes, hiring team members who value learning, and “changing your facts” through restructuring to fit the tax code. He cites mentor Tom Wheelwright, author of Tax-Free Wealth and Robert Kiyosaki's CPA, and urges advisors to act as client advocates by planning ahead rather than delivering surprise tax bills. Contact: taxes@smithcpa.com. 00:00 Welcome and Guest Intro 00:44 Name Pronunciation and Warmup 01:21 Origin Story Becoming a Tax Advisor 04:53 Early Client and Team Resistance 08:12 Investing in Mastery and Strategy 11:39 Mentors and Tax Free Wealth 13:02 Advisory Mindset Put Clients First 15:36 How to Connect and Final Takeaways

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Jan Spence breaks down the financial team every contractor actually needs to increase profit, improve cash flow, and scale with confidence. From the difference between a bookkeeper and a strategic CPA to why checking your bank balance isn't a financial strategy, Jan shares the systems and structure that separate struggling businesses from growing ones.If you want clearer numbers, smarter decisions, and a stronger financial foundation for long-term growth, this episode is for you.Jan's book here: https://www.amazon.com/Cheer-Your-Team-Retention-Engagement/dp/1724981323Social Media Links:InstagramTNFR- ⁠⁠https://www.instagram.com/thenewflatrate⁠⁠FacebookTNFR- ⁠⁠https://www.facebook.com/TheNewFlatRate⁠⁠Jan Spence- https://www.facebook.com/janspenceassociates/?ref=tsLinkedInTNFR- ⁠⁠https://www.linkedin.com/company/the-new-flat-rate-inc-/posts/?feedView=all⁠⁠Jan Spence- https://www.linkedin.com/in/jan-spence/XJan Spence- https://x.com/janhspenceYouTubeJan Spence- https://www.youtube.com/channel/UCn2NjMSwHyjZ-el9aeMkKFg?app=desktopLinks and Resources:https://thenewflatrate.com/⁠⁠https://www.janspence.com/https://www.amazon.com/Cheer-Your-Team-Retention-Engagement/dp/1724981323

If you want real profit in your business, it's time to get serious. Stop waiting for growth to magically happen and start paying attention to your numbers. Profit doesn't come from hope. It comes from action, planning, and knowing exactly what's happening inside your business. -----------------------------   DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS

Billy Klein went from working 60-80 hour weeks as an EY auditor to helping build FloQast Transform—the fastest-growing product in FloQast history. In this episode, he breaks down how accounting teams are actually implementing AI automation, what makes AI auditable, and why most accountants want to build their own workflows (not outsource to IT).

Welcome to Building Passive Income with CREI Collin You've reviewed the deal, read the PPM, and now the sponsor sends you the subscription agreement and investor questionnaire. But what exactly are you signing? In this episode, CREI Collin breaks down the final legal documents you sign before investing in a syndication. You'll learn what a subscription agreement is, what an investor questionnaire is, what representations and warranties you're making, how accredited investor status is verified, and what red flags to watch for before you sign. This is your step-by-step guide to understanding what you're committing to. Learn what you're signing when you invest in a syndication. CREI Collin breaks down subscription agreements and investor questionnaires. Key Topics Covered: What is a subscription agreement and what does it include? What is an investor questionnaire and why it matters Key representations and warranties you're making when you sign Understanding accredited investor verification: 506(b) vs. 506(c) Investing through entities: LLC, trust, or retirement account Red flags and final checks before you sign How to verify wiring instructions and protect yourself from fraud Timestamps: [00:00] Introduction: What am I signing? [02:15] What is a subscription agreement? [04:30] What is an investor questionnaire? [06:00] Key representations and warranties [09:15] Understanding accredited investor verification [11:30] Investing through an entity (LLC, trust, retirement account) [13:45] Red flags and final checks before you sign [16:00] Recap and action steps Key Takeaways: The subscription agreement formalizes your investment and includes your personal information, investment amount, and representations and warranties about your eligibility and understanding of the risks. Investor questionnaires are commonly used in private offerings to document eligibility and support compliance, collecting information about your financial status, investment experience, and accredited investor status. When you sign the subscription agreement, you're making representations about your eligibility, your opportunity to review the PPM, your ability to bear risk, and your investment experience. Answer honestly and accurately. Under Rule 506(c), sponsors must take reasonable steps to verify accredited status through documentation or third-party verification. Under Rule 506(b), sponsors typically rely on questionnaires and a reasonable belief standard, though practices vary. If you're investing through an entity (LLC, trust, or retirement account), you'll need to provide formation documents, an EIN, and authorization documents. Consult with your attorney and CPA, and be mindful of tax considerations like prohibited transaction rules and UBIT or UDFI for retirement accounts. Red flags include pressure to sign quickly, missing documents, unclear wiring instructions, changes to terms, and unwillingness to answer questions. Always verify wiring instructions by phone before sending funds. Resources Mentioned: Subscription Agreement Investor Questionnaire Private Placement Memorandum (PPM) Operating Agreement / Limited Par... Chapters (00:00:01) - Building Passive Income(00:01:46) - What Am I Signing?(00:02:44) - Subscription Agreement and Investor Questionnaire(00:05:21) - Representations and Warranties(00:07:43) - Accredited Investors: Final Checks and Red flags(00:12:53) - The subscription agreement and investor questionnaire are the final legal documents you sign

Bo Jacob talks about his book "Unstuck Economics" and how ordinary people turn smart hustles into real wealth. Bo is a CPA, investor, and entrepreneur with expertise in real estate and business. He is all about reclaiming time, generating capital, and building enduring financial independence through smart, scalable investment strategies. Host, Kevin Craine Do you want to be a guest? https://Everyday-MBA.com/guest Do you want to advertise on the show? https://Everyday-MBA.com/advertise

Tom Hoffman shares the Family Private Enterprise Model for business succession. As an attorney and CPA at Knox Law Firm, Tom discusses his 30+ years of experience in business succession, complex estate planning, and asset protection, focusing on how families can successfully transition businesses across generations. He explains that while most owners want to keep their companies in the family, few heirs are truly prepared to lead, making clarity of goals, fairness (not necessarily equality), and strong communication essential to preserving family harmony. Tom outlines common pitfalls such as forcing children into roles they don't want or failing to define objectives early. He also contrasts selling versus retaining the business, highlighting tax implications, the risks of dissipating liquid wealth, the role of family offices and trusts in preserving capital, and the broader community impact of keeping businesses local. We discuss... While about 70% of owners want to keep their business in the family, only 20–25% of children are typically prepared to lead it. Succession planning should start with clearly defining the family's goals rather than jumping straight into structural decisions. Fairness in dividing assets does not always mean equality, especially when some children work in the business and others do not. Lack of communication is the primary driver of family conflict during transitions. "Self-realization" conversations help family members come to their own conclusions about what is fair, preserving harmony. Outside consultants and counselors are often necessary when emotional, mental health, or substance issues complicate planning. Forcing children into leadership roles they do not want can create long-term personal and business damage. Hiring a professional outside CEO can dramatically improve performance and free the senior generation from daily operations. Professionalized management often increases EBITDA significantly and expands the pool of qualified leadership talent. Even if the business is eventually sold, building a strong management team substantially increases valuation. Family offices and multigenerational trusts can help preserve and strategically deploy large pools of liquid wealth. The "family private enterprise model" offers an alternative to selling by keeping ownership while professionalizing operations. Succession planning is a process that requires coaching, buy-in, and intentional cultural transition rather than a one-time transaction. Today's Panelists: Kirk Chisholm | Innovative Wealth Barbara Friedberg | Barbara Friedberg Personal Finance Follow on Facebook: https://www.facebook.com/moneytreepodcast Follow LinkedIn: https://www.linkedin.com/showcase/money-tree-investing-podcast Follow on Twitter/X: https://x.com/MTIPodcast For more information, visit the show notes at https://moneytreepodcast.com/family-private-enterprise-model-tom-hoffman-792