Podcasts about IRS

1005. Is your company "returning" your retirement savings? In this episode, Laura answers a listener question from Jay P., who is frustrated that his contributions keep getting bounced back as taxable income. If you're a high earner or a diligent saver, nothing is more frustrating than seeing your hard-earned 401(k) contributions returned to your checking account. But why does the IRS penalize you just because your coworkers aren't saving enough? In this episode, Laura breaks down the "Highly Compensated Employee" (HCE) rules and explains exactly why your retirement plan might be failing its annual nondiscrimination tests. More importantly, she shares the specific steps you can take to keep your momentum going even when your workplace plan hits a ceiling. Laura goes over: The HCE Threshold: The specific 2026 income and ownership limits that trigger these IRS rules. The "Safe Harbor" Solution: How to pitch a plan upgrade to your HR department that eliminates testing forever. Tax Fallout: How to handle the tax liability of returned pre-tax vs. Roth contributions. Pivot Strategies: Three powerful "Plan B" accounts—including HSAs and Roth IRAs—to house your returned cash so it stays invested for the long haul. Find a transcript here.  Have a money question? Send an email to money@quickanddirtytips.com or leave a voicemail at (302) 364-0308. Find Money Girl on Facebook and Twitter, or subscribe to the newsletter for more personal finance tips. Money Girl is a part of Quick and Dirty Tips. Links: https://www.quickanddirtytips.com/ https://www.quickanddirtytips.com/money-girl-newsletter https://www.facebook.com/MoneyGirlQDT  

Kat Abugazelah, infamous ICE protester and Democrat congressional candidate, has lost her primary. Another promising political career cut short. Radical Islamists are out of control. But Trump is bad, so…radicals good? New York City Councilwoman Vickie Paladino is being referred to the Ethics committee for posting on X. Is free speech over in NYC? We'll ask attorney Jim Walden. GUEST: Josh Firestine | Jim Walden Link to today's sources: https://www.louderwithcrowder.com/sources-march-19-2026 Check out Kaitlin Bennett's full video here: https://www.youtube.com/watch?v=IaKsxSNWMk0 Do not wait for another IRS letter or a frozen bank account. Call (866) 686-1417. Or visit https://tnusa.com/CROWDER Download Rumble Wallet now—now with USA₮—and step away from the big banks --- for good! https://rumblewallet.onelink.me/bJsX/crowder Share clips from the show & compete to get a mention on the show! Where to get clips: Telegram: t.me/LWCClips OR Discord: https://discord.gg/wEWmdTYZ Submit link for tracking: https://forms.gle/HZwz7Q7C9hkHecxTA Foundation Daily is made up of premium ingredients to reduce inflammation and stress and promote clean energy and mental clarity. Subscribe now and receive 40% off for life. https://foundationdaily.com/ DOWNLOAD THE RUMBLE APP TODAY: https://rumble.com/our-apps Join Rumble Premium to watch this show every day! http://louderwithcrowder.com/Premium Get your favorite LWC gear: https://crowdershop.com/ Bite-Sized Content: https://rumble.com/c/CrowderBits Subscribe to my podcast: https://feeds.libsyn.com/576250/rss FOLLOW ME: Website: https://louderwithcrowder.com/ X: https://x.com/scrowder Instagram: http://www.instagram.com/louderwithcrowder Facebook: https://www.facebook.com/stevencrowderofficial Music by @Pogo

There's an important follow up to the IRS whistleblowers who exposed political interference in the Hunter Biden tax probe. More in the new book: “The Whistleblowers v. The Big Guy.”

Happy Day After St. Patrick's Day! Ann conducted a poll on X regarding peoples' favorite things about Ireland. Watch this week's show where she reads your most beautiful comments. Please keep them coming.We also get a beautiful St.Patrick's day toast from one of our favorite Israeli heroes. Watch the show to find out which one. And speaking of Israel - it always amazes us that Ireland is so hostile to this country that they have so much in common with. They are both countries where the indigenous population was colonized and persecuted. They both lost their language. Israel has successfully achieved independence and built a nation and revived a language - something that the Irish people have failed to do. The Irish still speak English - the Israelis speak Hebrew.Is jealousy part of the Irish problem with Israel?Shapiro Pushes A LieAnd speaking of Israel. Watch the podcast where we exclusively reveal how Pennsylvania Governor Josh Shapiro lies to push the fake news that the home of Mayor Momdani in New York was attacked because he was a Muslim. Shapiro knew this was a lie but pushed it anyway.And hatred of Israel is so strong that the Northern Ireland Minister of Finance couldn't keep her mouth shut and destroyed a 300 well-paid job opportunity for the country.Watch this week where you can learn how to fail in business without even trying.Headlines From Another PlanetAnd on a lighter note Ann brings you not one but two crazy headlines this week! Find out why Los Angeles residents are strapping cameras on their heads to do the dishes and how Indonesian trans sex workers are impacted from climate change. Yes, that's a real headline!.And speaking of journalism... our friend Christopher Dodge, is making a documentary about how the crimes of the Biden family were covered up and the brave IRS whistleblowers who exposed them. And the price they paid for their bravery. The documentary is Shielded By Power . It's the perfect companion piece to our movie My Son Hunter. But Christopher needs your help. Hollywood won't touch this movie. He is crowdfunding on Indiegogo. Please donate to ensure this important project gets made. Read more about the production here.Journalism Or Fan Fiction?Do you remember when Phelim told you about his torrid afternoon with Bridgette Bardot? Well now it's Ann's turn. She steams up the studio this week with Gavin Newsom, and the most sycophantic puff piece ever written by a journalist.And see where this journalist's possibly accidental remark exposes the truth. And Gavin Newsom's connection to Remmington Steele.And speaking of frauds, the climate alarmist Paul Ehrlich is dead at 93. Watch this week's show where we expose the man who frightened more than two generations into spending their lives childless, and anxious about the future.Stories.io Substack is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.And please like and subscribe wherever you get our content. We can't read your mind but we can read your comments which we love. And we may even show some of them on the air!OCTOBER 7 the play was a huge success at the Trump Kennedy Center! If you missed out on seeing it don't lose hope. We want to keep touring the play, but we need your help. Please go here to donate.

Chris’s Summary Jim and I discuss the Ed Slott quiz questions from his November advisor training, opening with the widow/widower tax penalty and required beginning dates for IRA required minimum distributions before moving into inherited IRA rules — year of death RMDs with multiple beneficiaries and the deadline for satisfying them, spousal rollover options, and spousal RMD timing. Jim’s “Pithy” Summary Chris and I dig into the Ed Slott quiz from my November advisor training — 20 questions, open book, and I scored 100 this time. We have been doing this for years and it is not just a matter of asking the question, giving the answer and moving on. We get into the rabbit holes, explain the nuances, and use it as a chance for everybody listening to test their own knowledge. We open with the widow/widower tax penalty and required beginning dates for IRA required minimum distributions — and the widow/widower question has nothing to do with IRAs but everything to do with retirement planning. The younger a spouse passes away the more intense the penalty, and the longer both of you live together the less it bites. From there we get deep into inherited IRA rules, which make up the bulk of the episode. How year of death RMDs work when there are multiple beneficiaries, and what the deadline is for satisfying them — there is a question in here that Ed Slott himself argued both sides of for years because the IRS never gave guidance until July 2024. We close on spousal rollover options and RMD timing rules that only apply to surviving spouses. A spouse has choices that no other beneficiary has, and the decision of which way to go can look very different depending on the ages involved. Chris makes the point well — whenever a spouse dies, hit the pause button before you do anything. The post Ed Slott Quiz – Widow(er) Tax Penalty and Inherited IRA Rules: EDU #2611 appeared first on The Retirement and IRA Show.

You think the IRS is scary? Cool. Now imagine TikTok is your tax attorney. Pietro E. Canestrelli (JD, LL.M.) jumps in to kill the "one weird trick" tax myths and explain how people actually get wrecked: audits, missing returns, bad CPA advice, and the quiet fact that you're the one holding the bag.

Re-releasing a DAT listener favorite! Chris Sands and Brent Saunier are on the podcast to talk about the hottest topics in the dental accounting world. Founding partners of Pro-Fi 20/20, these dental CPAs chat with Kiera about how to reduce overhead and expand the number of patients coming in, expense metrics from the hundreds of offices Pro-Fi works with, a tax rule you NEED to live by, what to stay away from financially with your business, and a ton more. Pro-Fi 20/20 is an accounting business that the Dental A-Team recommend. This episode is a goldmine of information from two fellows who know what they're talking about — especially with regard to the dental industry. Episode resources: Subscribe to The Dental A-Team podcast Schedule a Practice Assessment Leave us a review Transcript: Kiera Dent (00:00) Hello, Dental A Team listeners. This is Kiera. And today we are bringing you something so special. I am so excited because this is one of our most popular episodes from the archives. Whether you're hearing this for the first time or catching it again, I am so excited because it's jam packed with a ton of takeaways that you can start using right now in your practice. We have released thousands, literally thousands of episodes. And I wanted to start bringing a few of these amazing episodes back for you. So I hope you enjoy. And as always, thanks for listening and I'll catch you next time.   on the Dental A Team podcast.   speaker-0 (00:31) today I wanted to bring on two special guests. These are actually CPA in the CPA world. Believe it or not, Dental A Team actually consults this company. So we definitely love them. They went a step above most CPA companies and they really wanted to get to know the ins and outs of the dental world. So I'm super jazzed to bring them on and to just have them dive into some of the hot topics in the accounting world. ⁓ two people that I trust and recommend heavily. ⁓ I   They are one of my top three CPA firms that I refer and recommend constantly. So I'm excited to welcome Chris and Brent from Pro-Fi. How are you gentlemen today?   speaker-1 (01:06) Awesome, Kiera. Thanks so much for having us. We're excited to be with you.   speaker-0 (01:10) Yeah, absolutely. Brent, how are you doing today?   speaker-2 (01:12) I am doing great. I appreciate the invite. I'm looking forward to this 30 minutes with you.   speaker-0 (01:17) Yeah, absolutely. Well, who knows? We'll see how long this ends up going, guys. Brent, can't put a time on us. It could be dangerous zone.   speaker-1 (01:24) You're lucky he said he's doing great because we're in the heat of extended tax season, so he's kind of in the trenches. Lucky he's in a good mood.   speaker-0 (01:32) I know Tiffany has been trying to get back out to you guys to see you and Beth you heard this awesome rock star in the company She keeps saying like tiff. It's like extended tax time or it's this or it's that deadline I'm like, my gosh, you guys just have I think you're secretly adrenaline junkies of CPAs even though you don't come across that way But I think you love it cuz tax season I feel is just like adrenaline rush like trying to get to the deadline. I just can't imagine that stress like   Every quarter every year you just hit it. So props to you guys. That's not my world but super jazz to have you guys on here. ⁓ so Chris let's dive in I know there's some things so we're gonna kind of hit on overhead we're gonna talk about some taxing some Some things to be aware of i'm just so excited because this is a world I don't know and I do purposely bring really really talented and educated cpas and financial advisors onto the podcast because I'm we have a three-fold approach in our company. It's focusing on   Money and finances making sure your business is profitable you as a person and as an individual and then systems and teams top to bottom So I am big I think as a business owner. I wasn't profitable when I first started. I didn't know how to look at my numbers I didn't even know what the heck over influence. I was like googling how to figure it out So i'm just jazzing you guys are here. So Chris kind of take us away I know you had some great topics for today and i'm excited to just   Rift a little bit with you, dive into these things, things that are really tangible for our practices now, especially where you guys work with hundreds of offices across the nation. Lots of good data to be pulling out for our practices listening.   speaker-1 (03:04) Sure, well, ⁓ Kiera, I think that there's a lot of discussion around, does the DSO world seem to do a better job with overhead than the private practice world? I think a lot of private practice doctors are wondering that, they're frustrated or how do I get my overhead down? And a lot of times, I think when you focus on expenses, you tend to attract expenses. And in our world of accounting, I will often tell doctors that, ⁓   Accounting cannot make you money, it cannot generate revenue. The expenses part is the easy part for us that we can work on trying to reduce some things, but you either have a revenue problem or an expense problem. And in most cases it's actually, you creating enough revenue on your fixed expenses? And most of dentistry doesn't understand how simple that is to scale the dental business model when you look at it from a high level.   You scale a business and reduce overhead with doctor production. Okay. And so that means you need enough patients to see the practice that I worked in from my experience was 40 to 60 new patients a month per doctor, per full-time doctor. And it means you need to be reinvesting enough into marketing. And I'll talk about that, that expense or reinvestment of marketing in a minute to get those new patients. And you need to be.   monitoring the phones that get answered properly and there's conversion rate of those inbound calls to appointments scheduled. And then the real job is case acceptance. Okay, and so here I am in an accounting firm coming on your podcast and I bet you didn't think I was gonna like be talking about case acceptance.   speaker-0 (04:46) was like, wonder we didn't talk about all your time. I'm just kidding.   speaker-1 (04:49) So, know, dentistry is really the product that's being delivered. And if you're ethically diagnosing the need and creating the treatment plan, your job is to help the patient understand the urgency and necessity of fixing the problem and paying you to do that work. So your job isn't really the dentistry itself, it's case acceptance.   And your first task is to become great at case acceptance yourself as a practicing clinician. But then the real task as the owner is to be able to teach other doctors to become good at it. So I think, you know, the only the only variable overhead that the dental business model has is paying doctors a percentage of the dental collections that they create. And then you have labs and you have supplies.   associated with the dentistry that's delivered. those expenses are variable. They track with the amount of dentistry that gets done. Everything else is fixed overhead when you really think about it. Marketing is fixed and it only changes based on your choosing. Your team expenses are fixed and they only change when you hire or fire. Your rent and facility costs are fixed. Your equipment costs are fixed and only changed by your choosing. And the various required admin costs, they're all pretty much fixed. They only change by your choosing.   So if you can create more doctor generated collections with the same team and fixed expenses, your profit margin goes up, your percentage overhead, your percentage overhead to collections ratio goes down. Okay. And so I guess we see most private practice or single, should certainly say single location, solo doctor practices. We see them failing at this because they choose not to reinvest enough.   back into the business, into that marketing for new patients. They're not monitoring the phones. They're not training their team. They're not training their doctors on case acceptance. And they're too closely focused on just the clinical delivery of the dentistry. Don't get me wrong, that's required, but that's not what makes you successful or financially successful. So I can give you ⁓ some generic ranges for expenses, but the real thing is that   You know, the real way to scale a business is to generate more revenue on the same overhead. That's kind of the definition.   speaker-0 (07:20) And isn't that basically then probably the DSO model because they have lower fixed costs per se. They've figured out how to have centralized billing, centralized call center, centralized. So many things centralized that they don't need all these different things. So solo practices, if I'm understanding correctly, they've got all the costs associated, but they only have X number of revenue where when you start to add in those multiples of practices,   That's where your fixed costs, it's going, yes, of course your fixed costs will increase a bit, but I mean, I do know our fixed costs did not go up that much more when I added our second practice to it because I already have my base of fixed costs there and then we're just able to add more revenue. Is that kind of what you're saying? Am I understanding?   speaker-1 (08:01) Yeah,   I mean, you know, that, part about centralizing is, know, when you, when you do have multiple locations, I would say three or more, then you can consolidate the amount of team that's working the front desk into one location. Instead of needing three to five team members at the front desk in every office, you may only need three to five team members for all three offices. You're having one of the best things by the way, as kind of an aside, one of the best things that private practices can do as they grow is to get those phones off the front desk. You know, let.   speaker-0 (08:20) Right, right.   I agree.   speaker-1 (08:30) You know, like there needs to be, that needs to be in a totally separate admin space. But, ⁓ you know, I get asked that question a lot. Like my overhead is 65 % and how can I afford to hire another associate doctor and pay them 30 or 35 %? Well, you know, that doctor is going to create new collections. That's the point. It's not to give them your patients. It's to grow the number of patients coming in that, that you as one doctor maybe are stressed.   and you hire the next doctor and you've got to continue to invest in the marketing to keep your job as the owner is keep the chairs full, right? As long as the chairs are full, if that associate doctor is ethically diagnosing like you are, if you guys have a ⁓ clinical standard of care in your practice, if you guys talk about how you treatment plan and your treatment planning the same way, that's all required. But here's the real test. You know, how do they connect with people? How do they, how do they,   establish a relationship, establish trust and get them to move forward with that treatment. So I think dentists hate to use this word in dentistry, but the job is kind of sales. You know, if you believe in your product of dentistry to solve this need and like, again, if you diagnose decay and they don't get rid of it, you failed. I could go on a tangent on that, but the new doctor will bring new collections and you might have to hire at most, you know, an additional   speaker-0 (09:46) Yeah.   speaker-1 (09:55) Assistant or two and that would be a new fixed overhead. You would increase your fixed over it slightly But other than that the doctor covers all their costs with their their percentage pay the labs that are associated with it that the supplies are associated with it and You should net somewhere in the ballpark of 40 to 50 percent on the new collections they create and that that just adds to your profit Because all the other fixed overhead stays the same   speaker-0 (10:19) So I think there's a few things on there of like, I just, think it's a matter of realizing a lot of people bring on associates though, because they're tired, they want more free time. They don't want to be working as much. And I think it's important to clarify that if that's your model, that's totally fine. Everybody knows on the deadline team, I am not somebody who judges. I think everybody has their own personal path.   And so whatever jives with you and resonates with you. So if you're wanting to bring on an associate to have more free time, to not have to produce as much, fantastic, but realize that that overhead might not trickle down because now you're kind of replacing your cost with an associate that you're paying. And some doctors I know don't take as much pay as they would pay an associate per se, which to me, I think is a somewhat failed model. I'm really big on prepping and preparing for that associate, paying yourself as if you were an associate. So you know, these costs before you bring on an associate.   ⁓ but I really think it's important to note that because like you're saying that overhead will go down as long as the doctors are producing. And as long you're able to bring on that other doctor and have them produce, cause they should cover themselves. I definitely agree with that. ⁓ also I'm sure people are saying, yeah, but Chris, like in order to bring on another associate, I'm going to have to build out ops. That's a huge cost and expense. So I am curious, what have you guys found in Brent? You might have some answers to this Chris, you might. ⁓ but if an office is having to say, build out two more ops.   in their practice to be able to bring on an associate, how long does it usually take when you're doing build outs for that cost to be recouped and start being more profitable? Because oftentimes I do think that that gets into the problem with a lot of doctors is they're constantly building more to bring on these other doctors. So they're always adding more and more expenses. Like when do they ever break even? So what have you guys seen with build outs and different things like that of that break even point? How long should they plan for it to not be as profitable?   speaker-1 (12:09) Okay, I'm gonna give you a lot of answers on this. So number one, we use a metric called revenue per chair. So, you know, every, you   speaker-0 (12:17) What   do recommend? What do you guys recommend per chair?   speaker-1 (12:19) So yeah, everyone has a space and you have only a fixed number of spaces or operatories you can have in it. And there's only a fixed amount of time and days and hours and a number of doctors that you have. And revenue per chair capacity, we see a range between 25,000 to 40,000 per chair per month. And it does not matter when you do this. This is just, take collections and divide it by the number of chairs you have. ⁓   This does not matter how many chairs are for hygiene or how many chairs are for dentistry. That's your choice. Actually, you know, there are models where every chair can do everything and the patient never, but the 25 to 40,000 at 35,000 of revenue per chair, you're running fairly efficiently and you're going to need to be planning to expand. You're going to start to run out of space. So that's our metric first and foremost. And so if somebody tells us, well,   speaker-0 (12:53) Sure.   speaker-1 (13:09) I've got four chairs right now, but I have space for seven. I haven't built out the other three. I tell them, you don't need to build out the other three until you're approaching that $35,000 a month of revenue per chair. Question you asked, how much does it cost and when do you recoup that? So in my experience, typically it's around $25,000 per ⁓ operatory to equip it, assuming it's already plumbed. ⁓   after you just take that number and say, so let's say you were equipping a few operatories, so $50,000, you ⁓ essentially, your cost of the doctor plus the lab and supplies should max out at 50%. Okay, now they have to be producing. So until you get them, they've produced over $100,000. All right, let me do it per chair.   They need to do over $50,000 per chair for you to get your costs back. After that, you're in the money.   speaker-0 (14:09) which I think is also smart because I don't know. think dentists kind of err on two different sides. Sometimes they're too slow to actually build out. They are so cost conscious and so concerned about that build up, about the cost of the chair, about all the other things that they're missing, that that one chair is going to generate several thousands of dollars of revenue. I've had a few doctors where I'll say, sure, no problem. We'll do a deal. I will happily pay for that one chair and you pay me all.   the revenue that comes through from that chair for the next three months. That's all I ask is three months. and I know I'm going to come out way ahead of you because it will generate and it will produce, especially in high producing practices. So I think so often people are just so scared to do those build-outs because they see the cost or they do the flip side where they believe like, if we build it, they will come and they're overly aggressive and they don't have necessarily the patient base or the doctors in play to be able to accommodate that. So   I love, I need to agree. It's either cut costs or increase your revenue. Like that's really overhead.   speaker-1 (15:12) One more way to think about it is, you know, if they have patients that are having to wait so many weeks or months to schedule out to come in. if you can calculate your collections divided by the number of patients seen for any given time, for year to date or for a full year, you can get your average revenue per patient. Okay. And if you know your average revenue per patient, you know how many either new patients or how many more patients you need to fill that chair to cover the cost.   Okay. So if your average revenue per patient was, you know, $1,500 per patient, um, and the cost of that chair is 25,000, just take 25,000 divided by 1500. And that'll tell you how many patients have to be seen in that chair before you pay for that chair. Sure. You're to be in the money, you know, it's in terms of the construction. That's another basically upfront, one time fixed costs that you're going to cover. And then all the future revenue that it's going to generate. So.   Maybe if you like, think before we end this topic on overhead, I'll give you kind some of our expense metric. ⁓   speaker-0 (16:18) Sure, yeah, absolutely.   Well, hang on, before you go into expense metrics, I want to bring up one piece that I think often gets missed, because you're saying like we're in the money. But I also want to bring up something that I really love to point out, and that is return on emotion. Some people don't want to bring on an associate. Yes, like as a business model, you can be more financially successful with an associate. Yes, you can, having more chairs, more build out, more practices. ⁓ But I also want to point out there is a return on emotion. There are sometimes   Bigger headaches, they're also sometimes less headaches with bigger organizations. I personally love to consult larger practices. The pettiness, the cattiness, the smaller drama is way less in larger practices or multiple locations. So like that drastically drops down. They figured it out. They're dialed into systems. But at the same time, I think it's important for people to assess that return on emotion. You might have a dreamy life. You might be doing exactly what you want and sure you could produce more.   But if you're off work at say two or three o'clock every day and you work two or three days a week and you're shelling and seven fifty to a million in profit, not a bad lifestyle. So I think it's also important to assess like what you ultimately want and what your return on emotion is before just saying like, I'm going to build because this is the way to do it. I think if you're looking at your practices as a business model, which I personally think a lot of us should look at it that way, ⁓ just to see what you what you ultimately want, what's your end game. And that's also where I love financial advisors of   Like what is your total term? Like where do you want to get? Does it make sense to grow? Does it make sense to stay where I'm at? ⁓ I think oftentimes we, we forget that return on emotion and how that is. We always think of like return on investment, but what does that return on emotion too? So just want to put a plug of like, I think everyone's on their own path, their own journey. Definitely agree. There are lots of ways that you can be insanely profitable and having multiple practices is a great, great, great business play. And you're able to help more practices. I'm all in favor.   You're gonna have multiple locations. Make sure you're doing awesome dentistry because sure, it can be very lucrative. Just be ethical because I think that plays out long-term. So Chris, with that, what are some of the metrics you guys look at? Because I agree, I love to hear people's metrics. I think we're pretty closely aligned with you guys on metrics, which is another reason I really love working with you guys and your clients.   speaker-1 (18:32) So I think if you ⁓ were to survey the Academy of dental CPAs and all of their, what you see them put out statistically, they're gonna tell you the metric of one to 2 % for marketing. When you go and you immerse yourself in the DSO world and their conferences and get to know what they're doing, you're gonna see more of an average of six to 8 % reinvestment into marketing. DSOs have a harder time with retention. They have more patients going out the back door. Private practices.   degraded retention, but they don't often invite enough people to the party. So we don't go by the one to 2 % number. think that's an area where people try to, they're trying to keep costs down. You know, your business is the greatest asset that you own that provides the greatest return and you have the most control over. So you should be reinvesting in it more than you reinvest in the stock market or anything else. So our metric for marketing is three to 8%. Private practices, like to see at least three to five.   I mean, excuse me, in GP practices, in specialty practices, especially like orthodontics, needs to be on the higher end. Team expenses between 20 to 30%. We certainly try to keep that under 30%. Team expense does not include doctors. Okay. So that's all of your, all of your, uh, your, your entire team, including a hygienist as well, but not doctors, uh, dental supplies somewhere five to nine, five to 10 % labs.   speaker-0 (19:36) Yes, absolutely.   speaker-1 (19:58) four to 7%. So again, those dental supplies and labs really should not be greater than roughly 15 % total. Rent and facilities, five to 9%. What does that mean? So if you have a high percentage in your rent and facility costs, if your rent facility is let's say nine, 10, 11%, that means you're probably not maximizing the space and getting the collections that is possible there. Again, using that revenue per chair metric.   When you're on the lower end, if you have 4 to 5 % rent of facility, means you're running very efficiently. You're probably going to be running out of space and need to expand or potentially relocate or get another location. And then there's general administrative costs somewhere in the range of 4 to 10%, depending on the practice type and what additional folks they have.   speaker-0 (20:48) Cool.   speaker-1 (20:50) That's it on everything.   speaker-0 (20:51) No, I love it so much because I think so often people don't look at their P &Ls and they don't even know what they should be targeting for. It's just like, well, do I have money left over or do I not? And then I don't know. like all of that combined should equal about 50 % there. Is that correct? Those are 50 % and then doctor pays 30 % to give a 20 % profit margin. And then you subtract debt services from that. that kind of your guys' model? That's what I've heard. It's what I typically recommend.   speaker-1 (21:18) Roughly. mean, yeah. You know, I, the most ideal is that I think when the average doctor starts to work with us, their profit margin is in the twenties, the 20 % range. our goal is to get them into the forties. Okay. And everyone does chase this like 50 % number, but I will tell you that eventually if you have to scale again, if you have to reinvest, that's the part like you're, drive yourself nuts. Would you rather have, you know, 50 % of 1 million or do you rather have 40 % of 3 million? Right.   You know, and that's that. So it's not always just about that overhead percentage. Uh, it is about if you choose to scale and you're, you're buying, you're reinvesting some of your, your overhead percentage, you're reinvesting some of your money to buy back your time. Like you said earlier, okay. Um, whether that's on multiple doctors or not, you know, being a slave to the chair is difficult and high risk to you as a business owner. It's one of the riskiest business models there is.   speaker-0 (22:12) Right.   I think that that's such a good point.   But guys, you don't know, can, Pro-Fi is fantastic. You can reach out to them, have them help you with your PNLs. Also your current CPAs, you can get a chart of accounts and give them these percentages and say, this is where I want it to be. Help me get there, give me some information because a lot of CPAs are not dental specific and they might not know these industry standards. And I agree with you. I also think it's important to think of growth years and also profit years. Some years you are definitely massively.   reinvesting into the practice and you might not be sitting at as high of an overhead, but you're doing it with the intent. Like when I bring on new team members, when you bring on new doctors, your overhead is going to go down. It should go down because you are investing and you're growing, but you need those people. This year on Dental A Team is a growth year. I am heavily bringing on new team members. My overhead is not as great as it has been in the past years. But if I, like you said, chase that X number of overhead and never invest in that growth,   I can't get to the next level of where I wanna go. So I thought that was really, really helpful. Thank you for that, Chris. And I know now we wanna spin over to Brent. Brent's been hanging out silently over there of some tax things. And I do love that you guys ying and yang on practice metrics because that's what we're all about. And then the tax world that I'm like, here's the thing. Here's my take on taxes. I am so grateful to live in a country where I get to pay taxes to have my own business. Like I truly think that is a massive blessing of the country we live in.   With that said, I also think it's my responsibility as a business owner to be as savvy as I can on taxes and not overpay on taxes because I'm just dumb and I'm not actually looking at strategy using smart people beyond myself to do it. So Brent, I'm so jazzed. Talk to us kind of about some tax things that you've been thinking of that your clients are dealing with.   speaker-2 (24:00) Yeah, absolutely. So I remember a few early evening calls with you and you're calling and saying help.   speaker-0 (24:06) It was in December last year, like literally right before the end of the year. And I was like, Brent, I owe so much dang money in taxes. Any ideas? It's fine, guys. It's fine.   speaker-2 (24:19) One of the foundations of Pro-Fi that we built it on is education. So we are very big believers in educating our clients to understand, first and foremost, how do you even generate taxes? So the number of conversations we have with dentists that just don't have a basic understanding is really astounding to me. So we first take an approach of, you have to understand how do you generate income tax? You generate income tax by the salary or W-2 you take.   and profit. The key thing here is it does not matter if you take a dollar of that profit out of the business, you still owe tax on the profit. So here, when you're looking at your P &L, let's say a doctor has a half a million dollars of profit and they choose not to take it home and leave it in the business, they will still pay tax on half a million dollars. I had a call today, the exact conversation is like, why didn't take any of the money home?   speaker-0 (25:18) It doesn't matter. were profitable brother, sister, like rock on. Happy day for you.   speaker-2 (25:23) You know, as Chris was alluding to, if you choose to reinvest in the practice, do marketing or other items like that that are deductible, that will obviously reduce your burden. The second thing, the second biggest mistake is don't underestimate your effective tax rate. So Chris and I have, we call it, I guess the golden rule or the 40 % tax rule. And that is geared towards over-preparing a business owner when it comes time to send in those quarterly estimates.   And I'll come back to that one in a minute, but the 40 % tax rule, if you have a pen, I would write that down because that is a rule to live by. And also ask your CPA advisor, whoever they are, whether it's us or your other another CPA, ask them before you make the decisions. So I got a call yesterday from a doctor in South Carolina. He's like, hey, I want to buy a machine that's going to cost me $85,000. My equipment rep said I'd get a 40 % tax deduction.   Just about that much.   speaker-0 (26:23) That was a clever salesperson.   speaker-2 (26:26) Yeah, they all do it. We love equipping reps. No badging equipment reps. But understanding, depending upon your entity type, whether or not you will be able to deduct that in the current year is a huge thing that you have to understand. Chris and I have seen so many doctors over the years that have come to us after the fact. And I think we've done a great job of educating, hey, I bought this equipment, it's $100,000.   When we do the tax return, it's like, you're not involved deducted. They're like, why not? The equipment reps that I could. So just make call your advisor before you do it. That's the best thing you can do for yourself.   speaker-0 (27:02) Well, and I, to that point, I just say like, you should have experts on your board as a business owner, people that you genuinely trust for taxes. And like you said, ask them, ask your rep about the best products and what they're seeing of results within the patient's mouth. Cause that's where they're experts. But I'm just going to put a massive plug, like, gosh, the number of dollars I have spent personally, because I didn't ask,   If we can save anybody even a couple of grand, like you're welcome. You're welcome. Just ask, ask before you do it.   speaker-2 (27:36) Right, absolutely. Then I kind of look at what are some things that you can do to make sure you're not blindsided by that tax surprise? ⁓ One thing we do is we always recommend in your business, you have to run multiple bank accounts. And one of those bank accounts is a tax savings account. Your business should fund and pay for your personal tax bill. So think about like ⁓ grandmother's cash envelope system.   create different buckets in the business, move the money out of your OpEx account because, know, like for me, if I have 20 bucks, $20 in cash in my pocket, I'm going to spend it. But if I put it away in the bucket where it's intended, it'll be there when I need it.   speaker-1 (28:18) My bucket, right?   speaker-0 (28:19) Yes, you can just send them my way this year Chris. It's fine Brent. It's fine I'll take him but Brent I want to speak so highly to that because ⁓ It really does help. I will also put a plug of like have really good financial planners and tax planners with you because I am actually really really good at saving money for taxes What I really get frustrated with is when it comes to December and I have been saving and I have been putting that away ⁓   And then they're like, Kiera, you owe an extra X amount. And I'm like, what the heck? I've even saved this. So that's where I also think it's really pro to have really good CPAs that are that actually no tax. So I am curious. You guys tell me the truth, because I don't know how this works. I'm not a CPA, but I swear every year I get a call December 1st and it's like almost a double what I've already saved for the whole year. And I'm a saver. Like I don't spend a dime in my business.   speaker-1 (29:14) call you get all year long, Kiera.   speaker-0 (29:16) It's not well, I have a monthly call with them and we even plan for taxes, but this year my quarterly taxes It's okay guys. I'm interviewing new cpas. It's okay. my cpn doesn't listen to the podcast I don't think if so, it's great. We've had a good run for several years But like that's where I get a surprise. Is it common? Should you be getting a surprise call on december 1st? If you've got good tax people, and you've been planning and preparing and putting money aside all year long is that   speaker-1 (29:41) As you answer this question for her and I would go over safe harbor estimates, but Kiera to set you up for what Brent's going to say. What happens is somebody tells you a number and you kind of start to operate like a zombie and you're like, okay, I put that number away, put it away and you did it. And you're like, okay, I put the number where you told me, but at the same time you're trying to grow your business.   speaker-0 (30:06) To that point though Chris I'm gonna like back on this because I think I'm actually a really smart business owner But every freaking year this happens. I'm trying to fix this and hopefully someone   speaker-1 (30:15) I think it has to do with your growth.   speaker-0 (30:18) I   overestimated what my growth would be this year. So I said I was going to be double what I was last year and we're coming in at about a 70 % growth of what I was last year. So I gave my CPA a 30 % extra window to project on me and we're still coming up a hundred, I'll say a different number, but I'm coming up more than I had saved.   almost three times as much as they had saved for me. cause I get burned every single year. So I'm like a squirrel with nuts and I put away for tax savings in my company because I never know what I'm going to owe. And it scares me. So with that said, I agree with growth. If you can, if you can project where you're going to go and you're having consistent quarterly meetings with your CPA, is it common to still have a massive like uptick in December? I would ask.   speaker-1 (31:04) No, it's not.   So look, to keep it simple, like, you know, I'm kind of talking on the managerial accounting side of things and Brent's talking on the tax side of things. If you're meeting with that accountant and you look at that bottom line profit, okay, you owe 40 % of that profit, whether you took it home or not. And then if you made any estimated tax payments, you can subtract those tax payments from that 40%. Okay. ⁓ And then you can apply some deductions and maybe bring the number down.   speaker-0 (31:24) Agreed.   I'm asking for a friend hashtag myself right now I mean I get better every year around taxes because I hate the surprise and I think most people do but I also wanted to point out I'm like I think I'm pretty savvy with business I talked to a ton of CPAs like this isn't like my first day running a business So and I'm happy to hear and with that 40 % So here's another thing that I've also which maybe I'm just dumb Maybe I'm just coming around the block to this so you guys can tell me ⁓ but it's 40 % of the profit correct like   And that profit also includes my W-2 as a business owner. So I've got to like...   speaker-1 (32:10) That profit is after your W-2. Hopefully your W-2, you have normal withholdings. Sure. you're like zero or one, you can kind of pretty much say, hopefully the federal and state taxes are all withheld from that for you. Right. have to worry about it. Okay. It's the profit that's left over after your W-2 and all the other expenses of the business you have 40 % on. So Brent, tell her about what happens at the beginning of the year.   When we talk, they those first estimates. think everybody starts to like, they get glued to the estimates and they never update them.   speaker-2 (32:41) Yeah, so a couple things. So, Kiera,   speaker-0 (32:45) Call   you in December, Brent. We're going to have this conversation in year two.   speaker-2 (32:49) Maybe we should start in January for next.   speaker-0 (32:51) I like that strategy is much better. I'm like I've even I started my tax meetings in July this year guys Like this is how much I'm paranoid and I'm like they're just shelling a ton on me again And I'm like how does it happen every year? I don't I don't understand so   speaker-2 (33:05) Here's a trend I noticed over the last four years. you know, there was in 2017, there was the Tax Cuts and Jobs Act, which changed the tax code. also changed. There's also been changes to the payroll tax tables. So I would take UW2, look at your federal tax withheld and divide that by your taxable wages in box one. More than likely, it's going to be in the 10 to 12 % range.   If you were in the 40 % tax bracket, you're already 30 % short on your taxes. Let's say you pay yourself $100,000. If you're 30 % short, that's a five digit dollar. So that's where I'd first start. And that is very, very, very common. You will not see any withholding in a W-2 being over 25 % unless you manually requested that from the payroll company.   speaker-0 (33:39) Right.   speaker-2 (34:01) bonuses or automatically taxed at 25%, but your regular payroll is probably in the 10 to 12 % range. So that's one reason it's happened. What Crystal's talking about, so let's say that we prepare your return in April. So let's say your 2020 return and every accountant will do what's called a safe harbor tax estimate, which basically says your estimates will be 110 % of your prior year tax.   speaker-1 (34:30) The IRS wants you to put 10 % more than last year away, like pay them in advance. They like you to do it quarterly because collecting money once a year is a bad business model.   speaker-0 (34:40) And it's a bad business model.   speaker-2 (34:42) So like Chris said, when a client gets those estimates, and let's say they're $25,000 a quarter, they are fixed on $25,000 a quarter. So what we do is with all of our clients in June and early July, we actually run tax projections or mock tax returns the upcoming year. We pull their year to date profit, we get all their deductions and we project out if that original safe harbor estimate has changed.   Then we do it again in November and early December to make sure that you're still on track and also looking for additional ⁓ tax strategies. But to answer your question from earlier, should you be surprised with a big number? No, not if you're doing proper planning.   speaker-0 (35:30) with like a little variance, but I just want to point that out because I think so many business owners get scared of taxes and this year, don't worry guys, it's on my vision board by the age of 36. I will be a tax expert. I look at it every single night. I have no desire to be a CPA, but I really think it's important as business owners to educate yourself on taxes and like you said to plan and to save for it because otherwise it's just this always surprise bill that creates stress. For me as a business owner, I know often I just feel like   I don't dare spend money because I'm gonna get hit with this big unknown. And so I'm like this girl, I literally have four tax savings accounts in my business right now. And they're in like four different business accounts, so my CPA can't see them all. Because I'm like, you come to me every year with this huge surprise and every year it's like double what I thought you were gonna say. And like I'm grateful to be very successful in what we do. However, I don't think business owners should be surprised, especially if you have a good CPA. So I just wanted to like find out like, that normal?   I feel like I'm on the anomaly, but good to know on that.   speaker-1 (36:33) Tax surprises cause cash flow problems.   speaker-2 (36:39) So Kiera, let me quantify that one of   speaker-0 (36:41) Guys,   don't worry. Everyone on the podcast, this is a Cura therapy session. You're welcome to be attending this. So we're glad.   speaker-2 (36:48) So can there be a tax surprise? Yes. The reason the tax price might happen is if you told your CPA, hey, I'm going to be doing these improvements and they're going to be done by December 31st. If in December you tell them, well, it didn't work out and I'm not going to have all these expenses. And yes, you're going to, you're going to get a surprise because you didn't, your plan didn't follow through. The other thing is talking about the separate tax account in the business. It's,   speaker-0 (37:12) That's fair.   speaker-2 (37:18) Absolutely recommended, but the most important part is you cannot spend it on anything but your tax bill. You cannot not rob Peter to pay Paul. That is probably the biggest mistake you could make is saying, well, I'll take it now. I have eight months to put it back in.   speaker-0 (37:34) That's like that makes my heart stop. I feel so stressed for people and also for anyone who wants to know like you I wish you could see the zoom right now with me Brent and Chris You know these guys love what we're talking about because Brent is literally getting like so excited and so animated talking about this So that's just when you know people are good at what they do I get so geek I'll geek out on dentistry and systems and like how we can help you and they're jazzing about some some tax benefits here So I agree. I think that if you aren't doing that, I also like the thought of 40 %   Do you guys recommend, because I know another piece to it, which I realized this year was like charitable contributions. I'm LDS. And so having charitable contributions, 10 % is something that I was like, that was funny. We didn't prepare for that. So that's like another check that I wasn't planning. And then also like SEP and 401ks. Do you guys have anything that you recommend for that of having a tax savings fund, but also building up those other funds and those payments that you'll be making to reduce your tax bill? Yes.   but those are also pretty big expenses, depending upon how your business does every year. How do you guys manage or navigate that? Or should I just be saving more? Because again, I'm like building these funds up to this, I've got four accounts, because I stress out about it.   speaker-2 (38:44) So Chris, I'm gonna let you take that one on the cashflow. It's really cashflow planning.   speaker-1 (38:48) Yeah, a lot of questions in there.   speaker-0 (38:50) Cool, like I said, this is why I podcast guys, because I can ask my own personal questions.   speaker-1 (38:57) In terms of okay, should you be doing okay. what do you want me to start a chair charitable chair?   speaker-0 (39:03) Just   like I think that a lot of people might get quote-unquote surprised at the end of the year because not only do we have a tax bill to pay, we have charitable contributions that we're paying. We also have 7401Ks. Like there are quite a few other funds that need to be paid out again to reduce our tax bills to help us. But those are also cashflow that you need to have on hand as a business owner to be able to front that money. So I've been also thinking that could be why other people feel like it's a surprise at the end of the year, just all lumped into taxes when it is just other pieces to help reduce that tax bill for you.   speaker-1 (39:33) if   something is important to you, then it needs a separate bank account. if charitable giving is important to you, I think you should have a separate bank account so you can visually see that you've got it ready to pay. And in order to make it tax deductible, it does need to be a 501C3. can't just be any random, say, it's... Right? So ⁓ when it comes to all of the retirement accounts, mean, ⁓ 401Ks and IRAs and simple IRAs and all of that,   speaker-0 (39:51) about last year.   speaker-1 (40:02) Roth, that's like the smallest fraction. That's like the, you know, the entry level league of the tax code in terms of savings. And it's, it's really kind of the stuff that the masses can do. I certainly think it's important to save and save for retirement. think when you're a business owner and let me say this, mean, upfront, I'm a contrarian. I think when you're a business owner, you have to be a contrarian and know that not everything applies to you the same way as everyone else. Sure. I, my bias is I have a much.   stronger tendency to say, you know, spend the money in your business or put the, I should say, invest, reinvest the money in your business for growth, because it's going, there's an asset value to that, to that business. need to learn what that is and what you one day can exit it for. And it creates, gives you the most, you know, income. ⁓ If you put money into a 401k or you put money into marketing in your business, you get the same tax deduction. So that's a question. If you're looking for like year end stuff, you know,   You could put the money into the, into the retirement plan, or you could prepay some expenses for next year. ⁓ You lot of people, think don't trust their business, which is weird because it's the thing you have the most control over, but they don't trust their own business. Typically it's cause they're not really great at managing their own cashflow and having discipline. And so they're, they're hesitant to invest the money in the business. And they'd rather go roll the dice and put it in the stock market. And at the time of this podcast recording, let me tell you.   We are in a recession. It has already begun. Everything is very high. Stock market's high. Real estate is high. Your business is one of the safest places to put your money right now. It provides you an inflation hedge, okay? And it creates revenue. ⁓ And it's tax deductions. I'm a big believer in putting the money into your business or getting another business. I think Brent can talk about, know, people ask us like, what are some of the largest   speaker-0 (41:47) Right.   speaker-1 (41:56) deductions you can play in. Like what, are the bigger things you can do outside of a 401k? Tax deductions. Generally speaking, the tax code rewards you for doing things that improve our economy. And that's primarily investing in businesses, you know, adding another location, employing people and commercial real estate, commercial real estate is a big one. Again, commercial real estate's really high right now. It may not be the perfect time to be buying or building. Cause all of the costs are really high.   save that cash, even if you have to pay some taxes, save the cash for liquidity for the tough times. when this recession happens, most practice owners are going to stop investing in their business, they're to stop marketing. And you got to do the opposite. That is the time where you can do all of that at its lowest cost. that's when millionaires are really made is during recession. So I'm going on a tangent now. You got me passionate   speaker-0 (42:50) No,   I like it. I like hearing it because I like thinking of other things. think so often you said it really well of business owners want to contract. They want to not reinvest in themselves. It's like, well, like let's put it in the stock market because that's what I heard that we should do. But I really do love that mindset. And that's why I love podcasting. That's why I love talking to different people. This is why I bring you guys on here because I purposely, intentionally bring different ways of thinking out there. You've got to make your own decisions.   But I'm a big like when people are zigging, I want to zag. So right now real estate's hot. Commercial's hot. The stock market's hot. Like I literally am sitting here just thinking like, here, just sit on some cash. Like, like you said, I might have to pay more taxes on it, but sit on that cash because you know, it's going to drop. And during that time, that's when you do the exact opposite of what everyone else is doing. So I really love that advice. And I think it's wise and it's prudent. I also love what you said, Brent, of having the 40%.   A lot of people say do 30%, but agreed a lot of dentists do tip into that 40 % tax bracket. And I would much rather over prepare than under prepare. Chris, to your point, I really love also having the buckets for like we said, charitable contributions, if you're going to do ⁓ 401ks, but I really, agree with you too. I think reinvest in your business. Look to see, I do end of year spending. I look to see what I could reinvest in, what things are gonna propel us the most. I look at marketing, I look at website rebuilds, I look at.   Different softwares that are going to propel us forward different ways to make our our practice more efficient What things are really going to invest in our company and our team? To make it and then I just do fun things like, know trips places I definitely don't get much ROI on that except for emotional ROI, but I know I know this is a longer podcast guys I really hope and I also hope team members listening realize that this is not just for business owners. I think that this is also   Individual tax prepping make sure you are preparing look for ways that you can reinvest in yourself What things could you prepare for what things can you build out? Do you have separate savings accounts for different things that you're going to maybe you don't have to save for taxes But guess what maybe one day you will be a business owner So teach yourself the discipline to save now to look for reinvestment. I also think is super valuable. So I want   speaker-1 (45:05) team members, for those team members, what side hustle can you create? What side of business can you create? know, and what, what commercial or what even residential property, rental property could you create to give yourself rental income? And there are deductions that come along with that. But if all you do is just do your day to day job, whether you own a business or don't own a business, you're not going to save anything in taxes, nothing significant. got it. You got to create some value in the world out there.   speaker-0 (45:29) Agreed. say deliver the biggest and best value. So you guys teased me. So I want to wrap up our podcast with some things to not be doing. You guys have kind of like a hit list right now of some things, some tips that a lot of us might be doing that are cracking down. I know I have been privy to some of these things as well. So take us away. We'll wrap this up with just some, some of that hit list of what not to do. ⁓ and   you know, as we get in there, thank you guys for sharing all that you have. Thank you for doing a personal session with me already. So I'm excited for the hit list now.   speaker-2 (46:01) So I would say the biggest one that I've seen is the fascination that doctors have with crypto.   speaker-1 (46:01) Go ahead, Brent.   speaker-0 (46:12) Brent, it's because we're bored. We don't know what else to do with ourselves, so we're like, why not throw a little into crypto?   speaker-2 (46:17) Here's the problem. So I have about a half a dozen doctors over last six months. They called me and said, Hey, I put $200,000 into the crypto market, Bitcoin. And I'm like, really? Where did you, where did you write the check from for that investment from the practice? Here's the problem. If that practice is an S corporation and they invest that money in crypto and they hit it big, they could potentially blow up their IRS S corp election.   and the IRS will take it away from you. So if you're gonna do investments, do not write the check from your practice. You can take the money home as a distribution, then put it into crypto, but do not do it through your business.   speaker-0 (47:01) This is a moment where I just had like a, I'm like, good. I'm glad I did that at least right. even knowing. Why is that?   speaker-1 (47:03) Sorry.   So that one, I mean, that one can cause some serious damage. ⁓ But the other ones that I think nobody wants to hear when they're listening to this, and I get in all these battles on social media, Facebook groups and all that. But the two things that come up over and over and over again that everybody's kind of cheating on and they're going to get busted on is number one, paying employees and especially dentists and hygienists, paying them as 1099 contractors.   This is going to get you in trouble not only with the IRS, but with the Department of Labor. And there are some significant penalties. There is a black and white 20 question checklist that the IRS provides. You can Google that. You can find it directly on the IRS website. And it goes through a checklist of yes or no questions to determine if you qualify to be a 1099 independent contractor or if you fit the requirements of a W-2. And to simplify it,   The main thing is the element of control who controls the schedule, who tells you which patients you're seeing and when who's providing all the materials and the tools and equipment. And 99 % of the time, anyone in dentistry falls under the category of an employee. Pretty much have to be a specialist that owns their own separate practice already coming in part time in order for you to 10 99 them. And if you're 10 99ing them, you're 10 and you have to do it to their business. The other thing that doesn't work is when, you know, they're like,   Oh, I'm an individual doctor. I'll just set up an S corp and you can 1099 my escort. The IRS is not stupid. Again, they're they're looking at what are your what is your role within that that place that you're receiving the income from the revenue from. So anyway, everybody hates that. But I'm telling you, I   speaker-0 (48:58) I   don't think it's a, it's not a good place to play with fire. Um, I have a really, really, really awesome unemployment lawyer, um, and employment lawyer. He represents Uber Lyft Red Bull. He's in, um, San Francisco. If you guys need him, he's amazing. Reach out to us. Hello@TheDentalATeam.com. Um, but he told me he said, Kiera Uber and Lyft, which I personally think I'm no lawyer guys. I'm not there. Uber and Lyft to me are the epitome of 10 99 contractors.   but they are, ⁓ they're coming down, they're cracking down on it. And ⁓ I have heard that it is no longer just a small offense. It's a pretty big offense if you misclassify. To me, really, I'm a risky person, but I believe in being smart and also paying people the way they should be paid. As much as it's not fun, we transitioned our whole company and I just think play that one safe because labor laws are not something to ever mess with, in my opinion.   speaker-1 (49:51) Yep. And you know, the government has shelled out a lot of money through this pandemic and they've got to collect it and get it back. And they're going to get that back from small business owners. And, ⁓ you know, our, our dependent care systems of Medicare and social security are very fragile right now. And that's the one thing they do not want you to screw with. And so they collect that money through W2 payroll. They're going to, they're going to force more and more than everybody's W2, especially in the occupation of dentistry. Second thing is the cars. Okay. Everybody wants to run their cars through the business.   You might be allowed to run a car through your business. It depends on what type of business you're in. If you're in real estate and you're showing houses and you're driving your clients around, you can probably write your car off through your business. But in dentistry, you're going to sit across the table from an auditor and they're going to say, what does a car have to do with the business of dentistry? The IRS tax code says that your business expenses must be ordinary and necessary to the business for them to be deductible.   What does the car have to do with the business of dentistry? How is a vehicle ⁓ justified as 100 % business use as a necessary use in order to do dentistry?   speaker-0 (51:00) What if it's a wrapped vehicle that's marketing?   speaker-1 (51:03) That's different. there are very specific guidelines in the IRS tax code about what is marketing for a vehicle. must be fully wrapped. It can't just be magnets. It can't just be stickers. But it has to be significant that's used for marketing. What we find is not a lot of doctors want to wrap their test up.   speaker-0 (51:23) Because they're ticked off with the patient that Ruekinaal didn't go super well and they're cutting people off on their drive home and you don't really want your flashy business to be that car.   speaker-1 (51:31) Right. I mean, and to make it legitimate, mean, the car has to be legally registered in the business name. It has to be covered under business insurance, not your personal insurance. The loan has to be under the business name, not your personal name. And there's a, you know, most people are not doing that. They're doing, they're buying it personally. They're just making the payment out of their, out of their business. And they think that they can deduct the whole thing. And this is not true. There's even greater scrutiny if the business tries to buy, if the dental business tries to buy a vehicle.   and depreciate it, take it as 100 % use. So I know people hate to hear that, but I would just caution everyone listening, stay away from 1099 and cars in your business. But everyone's.   speaker-2 (52:12) doing   it!   speaker-0 (52:13) I heard a really great quote one day and they said Kiera everything's deductible until you get audited and I was like That's really good advice. I appreciate that. So guys, ⁓ Chris and Brent. Thank you guys for coming on the podcast Thank you for being people that I can call Brent. Thank you for being my December, you know midnight hour friend I loved last year. You said care. There's really not much we can do. Maybe we should have done this in January. So ⁓   But truly, I just appreciate you guys helping so many doctors. know you help a lot of our clients. Shout out to those clients that we mutually work together. I love working with CPA companies. I think we're a good peanut butter and jelly together. We help grow the practice, make them more profitable. You guys make sure that their books are in line. Give us the guiding stars of what levers to turn to help the practices. You take care of the taxes. So it's a really good yin and yang and   I hope all of you listening today found a lot of value. Team members, look at this for yourselves. Get the side hustle. I hope this spurred some, some topics, some conversation. Team members, can also help your practices reduce that tax bill. look for ways that you can spend end of year, just different things. So I definitely think team members have a lot of play in this as well. So Chris and Brent, thank you guys so much. It's super fun. If people want to connect with you, ⁓ maybe they're done with their CPA. Maybe they just want to find out if.   There might be another option out there. How can they connect with you? I know you guys specialize in DSOs, larger group practices, but also the solo practices as well. How can people connect if they're interested?   speaker-1 (53:40) Sure, so check us out online at our website, Profi2020.com. That's P-R-O-F-I-2-0-2-0.com. ⁓   speaker-0 (53:47) You did   that because 2020 was such a great year that you guys want to remember. ⁓   speaker-1 (53:53) That marketing plan went out the window. It was 20-20 clarity to give you clarity on your finance.   speaker-0 (53:54) No.   I   just thought I'd throw it out there. So no one will forget Pro-Fi 2020. 2020 was most memorable year guys. Don't forget it. They don't want to forget it ever.   speaker-1 (54:07) We have tons of free videos, a lot of great content on there. Check us out on our YouTube channel, all social media, know, at Profi2020. We're very easy to find. ⁓ But we're managerial accountants. It's way different than financial accountants out there. Make sure you look up that difference and know what you're asking for. ⁓ And we always do free consultations for anyone who would like it.   speaker-0 (54:29) Awesome. Well, Chris and Brent, thank you again so much, guys. Go check them out, Profi2020. Chris and Brent, they are the owners of the organization. So super grateful for you guys coming on here.   Kiera Dent (54:38) I hope you all loved today's episode as much as I did. It is crazy to think that this many episodes have been released since we started the Dental A Team Podcast. And I started looking to say, my goodness, our listeners need to be reminded of some of the things they may have learned a year ago or two years ago or five years ago, because so many things in our practices weren't relevant back then when we heard them, but they are relevant today. And I would be doing you a huge disservice if I didn't re-release some of these episodes for you to remember, to refine.   to optimize and really truly if you ever need a topic or you're like, my gosh, I wonder if the Dental A Team has anything like this, go onto our website, TheDentalATeam.com, click on our podcast tab and you can literally search any topic. So whether it's overhead or hiring or firing or team morale or engagement or case acceptance or hygiene   onboarding or whatever it is, we have so many episodes for you. And so I am going to intentionally be   re-releasing some of the top best episodes for you, pulling back some of the ones that I needed to remember, some of the things that I feel for you to really, really relearn right now and to re-remember, or if it's the first time, welcome. I'm so happy you're listening to it, but I hope you truly enjoyed today's episode. I hope that you share this with somebody. I hope that you go and implement today because we only have one day. We only get today. And so making today the best that it possibly can be. If we can help you in any way, shape or form, reach out Hello@TheDentalATeam.com.   And as always, thanks for listening and we'll catch you next time on the Dental A Team Podcast.

You can start multisite for all the right reasons: healthy momentum, strong mission and a genuine desire to reach more people. But then a few years in, you find yourself looking around thinking, "Wait… is this actually producing what we hoped it would?" Alignment feels harder. Decision-making feels heavier. Outcomes aren't quite matching the vision you had in mind when you started. And that's where a lot of churches begin asking a really honest question: Did we choose a model that's leading us to different results than we were hoping for? In this episode, Sean and Amy shift from problems to solutions—they share multisite model best practices you can actually benchmark against as you're evaluating where your multisite church might feel stuck.   This Episode is Sponsored by The Church Lawyers Every church needs trusted legal counsel, but finding attorneys who truly understand ministry can be challenging. The Church Lawyers specialize in church and nonprofit law, serving thousands of organizations nationwide. From by-laws and governance, to IRS compliance and employment matters, The Church Lawyers provide the expertise you need with sound legal advice giving you peace of mind. Discover practical free resources and affordable membership options at thechurchlawyers.com.   Join the Conversation on Social Media We use hashtag #unstuckchurch on X and on Instagram. 

For episode 695 of the BlockHash Podcast, host Brandon Zemp is joined by Alex Mirran, the Gradient Business Development team lead in North America onboarding key inference customers and developing strategic partnerships. Alex has spent over 8 years in distributed AI systems, fintech, and capital management executing go to market strategies and capital formation.

Canada just lost 84,000 jobs. Goeasy blew up 57% in a day. And a former Prime Minister compared Bitcoin to Pokémon cards. Normal week.This episode covers the biggest Bitcoin hardware launches in years (COLDCARD Mk5 AND Jade Lightning — same week), the IRS form that forces crypto users to confess their entire history under oath, 20 million Bitcoin mined and what happens next, and more Canadian institutional collapse than we can comfortably fit in one show.

Joe Kent resigns as the director of the National Counterterrorism Center, Theo Von announces to his audience that he feels something satanic is going on, and Turning Point USA suffers a major blow after an Arkansas chapter disaffiliates from them. 00:00 - Start. 01:53 - Joe Kent resigns as the director of the National Counterterrorism Center. 20:00 - Theo Von's thoughts on the Israel-US relationship. 29:05 - TPUSA Arkansas chapter disaffiliates. 35:48 - The Erika & TPUSA gaslighting is not normal. 45:50 - People think Bibi might be dead. 56:55 - Comments. Nimi Skincare​ ​ Save 10% on your order with promo code CANDACE10 at http://www.NimiSkincare.com PureTalk​ ​ Make the switch today and save an additional 50% off your first month at http://www.PureTalk.com/Owens Tax Network USA​ ​​ Do not wait for another IRS letter or a frozen bank account. Call 866-686-1651. or visit http://tnusa.com/candace American Financing​​ NMLS 182334, http://www.nmlsconsumeraccess.org. APR for rates in the 5s start at 6.196% for well qualified borrowers. Call 800-795-1210 for details about credit costs and terms. Visit http://www.AmericanFinancing.net/Owens. ​ Candace Clips Channel: https://www.youtube.com/@ClipsCandaceOwens Candace Official Website: https://candaceowens.com Candace Merch: https://shop.candaceowens.com Candace on Apple Podcasts: https://t.co/Pp5VZiLXbq Candace on Spotify: https://t.co/16pMuADXuT Candace on Rumble: https://rumble.com/c/RealCandaceO Candace en Español: https://www.youtube.com/@CandaceOwensEnEspanol Candace Owens em Português: https://www.youtube.com/@CandaceOwensemPortugues Candace Owens en Français: https://www.youtube.com/@CandaceOwensEnFrançais Learn more about your ad choices. Visit megaphone.fm/adchoices

Dana Cornell created a Wealth Diagnostic that shows high earners where the system is quietly draining their wealth and how to fix it before it costs them millions. wealthfreedomscorecard.com/richsomersMost people think making more money is the goal—but without the right structure, more income just means bigger leaks.Rich sits down with Dana Cornell to break down the biggest money myths keeping entrepreneurs stuck—even at high income levels. From managing $1.4B at Morgan Stanley to walking away and building his own firm, Dana shares what actually separates people who look wealthy from those who are truly financially free.They unpack why net worth can give a false sense of security, how most high earners are just employees in their own business, and why selling a company doesn't automatically make you rich. The conversation also dives deep into tax strategy, the difference between CPAs and true tax strategists, and why the IRS might be your biggest “business partner” if you don't understand how to play the game.Rich and Dana also break down the concept of building a “family office mindset”—coordinating advisors, creating structure, and focusing on cash flow over vanity metrics. Because at the end of the day, income might make you rich—but structure is what keeps you wealthy.If you're making money but not keeping it—or you're trying to turn income into real financial freedom—this episode is a must-listen.

To check out Jimmy Miller's book, "Divorce the IRS": https://amzn.to/4uDWoX6To book a PREMIUM spot on the Podcast: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.drchrisloomdphd.com/_paylink/AZpgR_7f⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Book a 1-on-1 coaching call: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.drchrisloomdphd.com/booking-calendar/introductory-session⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Subscribe to our email list: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://financial-freedom-podcast-with-dr-loo.kit.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Disclaimer: Not advice. Educational purposes only. Not an endorsement for or against. Results not vetted. Views of the guests do not represent those of the host or show.  

For episode 694 of the BlockHash Podcast, host Brandon Zemp is joined by Trevor Harries-Jones, Board Director for Render Network, a decentralized GPU network powering some of the world's biggest visual and entertainment projects, including Las Vegas Sphere visuals, Super Bowl trailers, and Coachella stage shows. They are emerging as a counterweight to GPU consolidation and an alternative compute layer for AI and real-time rendering. 

In the last episode, I discussed seven mistakes to avoid when filing your 2025 taxes. So in this episode, I'm going to discuss the tax-filing mistakes people can make when filing an extension. Here are the four most common extension errors that could cost you money, including misconceptions about payment deadlines, underestimating taxes, and the importance of understanding state-specific extension rules.  You will want to hear this episode if you are interested in... [00:00] Mistakes that people can make if they're filing an extension [01:41] Importance of filing for an extension by the tax deadline [02:35] Distinction between failure-to-file and failure-to-pay penalties [03:53] Suggestions for estimating: using last year's tax return, factoring in income changes, or major events [06:09] Importance of reviewing and complying with state-specific deadlines and requirements [08:21] Filing an extension buys time for accuracy but doesn't delay payment obligations   Avoiding Common Tax Extension Mistakes Tax season is a stressful time for many, and for those with complex finances, business obligations, or unexpected circumstances, filing a tax extension may seem like a wise solution. These are the four biggest mistakes people make when filing a tax extension, along with my practical tips to avoid penalties and unnecessary stress.    Notifying the IRS The first—and perhaps most critical—mistake is assuming that wanting more time is enough. Extensions aren't automatic; they require formally notifying the IRS by filing Form 4868 by the standard tax deadline, usually April 15th. Without this key step, the IRS will consider your return late, resulting in penalties. If nothing else, mark this on your tax checklist: file Form 4868 on time, every time.   Extension to File Isn't Extension to Pay A widespread misconception is that an extension grants extra time to pay taxes due. Only your paperwork deadline shifts, your payment due date does not. Any unpaid federal taxes accrue interest from the original deadline, and failure-to-pay penalties start after April 15th. In fact, failing to file entirely triggers even steeper penalties. Estimate your tax liability and pay what you owe, even if you're still finalizing the details. Overestimating is safer, as any excess will be refunded after you fill it in.   The Hidden Danger of Inaccurate Estimates Filing an extension isn't a hall pass to put off financial reckoning. You're still required to estimate how much you owe—a process that can trip up those who experienced income changes, investment gains, asset sales, or one-time distributions. The IRS expects most to pay either 90% of their current-year tax liability or 100% of last year's taxes (110% for high earners with AGI over $150,000) by the deadline to avoid penalties. Miss these benchmarks, and you could face interest or underpayment penalties—even if you settle up once you eventually file. Review your prior year's return and factor in any unusual income for the year. If in doubt, partner with a tax professional or use IRS Form 1040-ES for guidance.   Don't Overlook State Tax Extension Rules One major mistake is forgetting—or not knowing—that state tax extension rules often differ from the IRS. Some states, like Connecticut, sync with federal extensions only if you owe nothing additional; if you do, you'll need to file a state-specific extension. New York requires its own extension form, and most states expect payment by their deadline, regardless of a federal extension. Double-check your state tax agency's website or contact a professional. Often, a separate state extension is mandatory, and missing this step can come with its own set of penalties.   Plan for a Stress-Free Tax Extension Filing a tax extension can buy valuable time, but it's not a financial "pause" button. Always file Form 4868 (and any state-specific forms) on time. Pay the lesser of 90% of current-year or 100% (or 110% for high earners) of last year's tax by the April deadline, and study your state's requirements—federal rules don't always apply. Being proactive can save you hundreds (or thousands) in penalties and give you the space to file correctly and confidently later in the year.   Resources Mentioned IRS Form 1040-ES IRS Form 4868 Retirement Readiness Review Subscribe to the Retire with Ryan YouTube Channel Download my entire book for FREE    Connect With Morrissey Wealth Management  www.MorrisseyWealthManagement.com/contact Subscribe to Retire With Ryan  

A government watchdog says the IRS doesn't yet have a plan to reduce its backlog of taxpayer correspondence. The Government Accountability Office says the agency's backlog at the end of last year's filing season remained higher than pre-pandemic levels. GAO says that without a plan the IRS risks not doing all it can to bring down the backlog; and may provide less timely service to taxpayers. The IRS says it will take GAO's recommendations into consideration. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

A 401(k) loan often looks harmless. You're borrowing from yourself, the interest comes back to you, and you'll pay it back before it matters -- right? But the fastest way to protect your retirement isn't understanding how loans and hardship withdrawals work. It's building a financial life where you almost never need them. Joe and OG dig into why more people are tapping retirement accounts than ever, and what confident investors quietly do differently. What You'll Walk Away With Why the biggest retirement threat isn't the loan itself -- it's the system that made the loan feel necessary The subtle ways a 401(k) loan can quietly erode long-term growth even when you pay every cent back on schedule How hardship withdrawals actually work, when the IRS gets involved, and why they're almost always the last move you want to make The career risk hiding inside every 401(k) loan -- and what happens when a job change turns your repayment timeline upside down A simple "tripwire" buffer for your checking account that gives you an early warning before spending drifts into dangerous territory How expense creep quietly pushes otherwise disciplined savers toward retirement withdrawals -- and the quick audit that catches it early A surprisingly effective way to use exported spending data and AI tools to surface budget leaks you've completely stopped noticing Why a properly built emergency fund functions like a circuit breaker between life's surprises and your retirement account The real situations where people most often raid retirement savings -- and the smarter alternatives that keep your long-term plan intact A beginner-friendly framework for grading your financial life across six core areas before small cracks become expensive problems Why This Matters Now Your 40s are often your highest-earning years -- and your most financially complicated ones. Rising costs, family obligations, and career uncertainty can make even disciplined savers feel the pull toward retirement money. The goal isn't just knowing the rules around 401(k) loans. It's building the habits and buffers that make raiding your future self's account something you simply never have to consider. From the Basement Joe and OG dig into fresh data showing more retirement accounts getting tapped just as the stakes are highest. Doug shows up with trivia that has no business being as competitive as it gets. The crew also pulls back the curtain on a new beginner-friendly series built to help Stackers pressure-test their entire financial foundation -- because the best retirement strategy was never about knowing when to borrow from yourself. FULL SHOW NOTES: https://stackingbenjamins.com/how-to-build-good-money-habits-1816 Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.stackingbenjamins.com/201 Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

We explore a moment of political and cultural tension as war abroad reshapes old alliances at home, with Hillary Clinton unexpectedly applauding Donald Trump's stance on the conflict. In New York, a religious controversy unfolds inside City Hall that raises fresh questions about the boundaries between faith and government, while in Britain a renewed fight over Winston Churchill reflects the wider struggle over history, identity and national memory. If you want to support the show and take care of yourself properly—without turning your bathroom into a laboratory—go to tryreborn.com. It's the Reborn store: supplements, skincare, daily essentials… simple, effective, and made for people who are trying to stay strong while the world does whatever this is. Go check out tryreborn.com and grab what you need Do not wait for another IRS letter or a frozen bank account. Call (866) 685-6605 or visit http://TNUSA.com/brandGo to http://polymarket.com to trade on the outcomes of live events from politics, pop culture, to sports and more! Download Rumble Wallet now—now with USA₮—and step away from the big banks --- for good! https://rumblewallet.onelink.me/bJsX/russell

Most business owners overpay the IRS because they're using the wrong business structure. In this episode, we break down how an S-Corporation can reduce self-employment tax and help you keep more of what you earn. You'll hear real numbers, simple examples, and the key rules around reasonable salary, payroll, and distributions. We also cover how S-Corps unlock smarter retirement planning, health insurance deductions, and reimbursed business expenses. If your CPA only focuses on compliance instead of strategy, this episode shows why proactive tax planning matters. The tax code rewards business owners who structure correctly, and the S-Corp may be one of the most powerful tools available.   Next Steps: ➡️ Overpaying your CPA and the IRS? Learn how to stop it in this free training: https://go.phillipsbusinessgroup.com/registration

Steven is joined this week by someone with personal and professional experience with international taxes: Matthew Green. Matthew shares his personal experience learning about the US's approach to taxing it's citizens living abroad and through that started sharing his newfound expertise with others. He now works specifically with taxpayers navigating international waters to make sure they don't get killed on taxes. While a lot of the discussion is around avoiding common mistakes and staying in the IRS's good graces, Matthew and Steven also talk about the potential for tax planning, even when there are international considerations. https://zurl.co/aJYKm

For episode 693 of the BlockHash Podcast, host Brandon Zemp is joined by Dr. Hany Demian, a longevity and anti-aging specialist. Dr. Hany Demian is focused on the intersection of longevity medicine, systems-based care, and artificial intelligence.  

Unlock Savings, Outsmart Scammers, and Take Control of Your Taxes Ready to make your taxes work for you—and not just for Uncle Sam? Join us for a deep dive into the tax credits millions of Americans overlook every year, costing them real money. We break down what credits matter most, how simple life changes—like saving for retirement, child care, and home improvements—can put cash back in your pocket, and why planning ahead is your strongest tool. But we don't stop there: Tax season is a prime time for scammers, and they're getting more sophisticated. Discover the five most common scams circulating this year—from IRS impersonators and fake refund offers to ghost preparers and phony charities. We share actionable steps to protect your identity, your refund, and your peace of mind. Whether you're a busy professional, retiree, or small business owner, this episode gives you the knowledge and confidence to maximize your savings, avoid costly mistakes, and stay safe. Tune in, take notes, and share with someone you care about—because awareness is the best defense we have. 

IRS issues proposed regulations on Trump Account and the pilot program and the Tax Court looks it issues with an IRS notice in a BBA case.

In this week's news, we hit Ark Labs raising from Tether, CleanSpark and Two Primes' take on Bitcoin price action, and how the IRS is trying to get more info about your digital asset stack. Get your tickets to OPNEXT 2026 before prices increase! Join us on April 16 in NYC for technical discussions, investor talks, and intimate conversation with the brightest minds in Bitcoin. Welcome back to Blockspace! Today, Alex B, Ecosystem Lead at Ark Labs joins us to talk about their massive $5.2M raise led by Tether and the push for programmable finance on Bitcoin. We also sit down with Rory Murray of CleanSpark and Alex Bloom of Two Prime to discuss the "beach ball" state of the market and how institutional lenders are navigating high volatility. Finally, we expose the IRS's new 1099-DA form "perjury trap" and settle the debate on when the 20 millionth Bitcoin was actually mined. Subscribe to the newsletter! https://newsletter.blockspacemedia.com Notes: * Ark Labs raised a $5.2M seed round led by Tether. * Bitcoin rose 10% in five days, hitting $74,000. * US stock market lost $1 trillion in a single day. * Hash price sits near an all-time low of $27. * The 20,000,000th Bitcoin was mined this week. * IRS Form 1099-DA is labeled a "perjury trap." Timestamps: 00:00 Start 01:55 Bitcoin price action 04:29 Hashrate Index update by Luxor 08:58 Ark Labs seed round 30:43 CLSK & Two Prime 46:50 Luxor & ASIC prices 1:00:33 IRS trap 1:07:45 Binance & CZ 1:19:39 Cry Corner: 20M BTC Mined

Chris is joined by Jake Turner to discuss listener emails on tax filing for mega backdoor Roth contributions, a listener PSA on health insurance premiums, I Bond redemption timing, lowering RMD pressure, and Roth conversions. (6:30) George asks whether leaving a 1099-R off a return after after-tax 401(k) money was immediately converted to Roth means an amended return is needed or whether the IRS will simply follow up. (12:15) A listener asks whether HSA funds can be used pre-tax to pay fully self-funded health insurance premiums and requests a listener PSA if that treatment is allowed. (17:30) The guys are asked how to evaluate redeeming high fixed-rate I Bonds over several years versus waiting until maturity and risking a large one-year tax bill and IRMAA hit. (30:45) Jim and Chris hear from a widowed listener looking for ways to reduce future RMDs and IRMAA without using Roth conversions or QCDs. (47:45) Another listener asks whether doing very large Roth conversions over a few years could make more sense than staying within lower tax brackets over a longer period. The post Tax Filing, Health Insurance, iBonds, RMDs, Roth Conversions: Q&A #2611 appeared first on The Retirement and IRA Show.

Click here to send us a topic idea or question for Weekend Wisdom.Question: My husband and I finalized our adoption in December 2025, and we're still waiting for our son's birth certificate in the mail. Then we'll need to take it to file for an SSN and wait for that to arrive. How can we file taxes, including our newborn baby, without a Social Security Number for him? (We didn't know we could file for a temporary number with the IRS until it was too late - after his finalization hearing).Resources:The 2025 Adoption Tax Credit (podcast)The Annual Adoption Tax Credit Guide: 2025 EditionIRS.gov: Adoption taxpayer identification numberSupport the showPlease leave us a rating or review. This podcast is produced by www.CreatingaFamily.org. We are a national non-profit with the mission to strengthen and inspire adoptive, foster & kinship parents and the professionals who support them.Creating a Family brings you the following trauma-informed, expert-based content: Weekly podcasts Weekly articles/blog posts Resource pages on all aspects of family building

Are you planning to leave an inheritance for your kids or grandkids? New tax rules have opened the door to smarter, more tax-efficient ways to transfer wealth during your lifetime instead. In this episode of The Wise Money Show, we break down three powerful strategies, including the new 530A accounts, 529-to-Roth transfers, and the annual gift tax exclusion. Learn how these tools could help you leave more to your family and less to the IRS while creating a meaningful financial legacy.  Season 11, Episode 30 Download our FREE 5-Factor Retirement guide: https://wisemoneyguides.com/    Schedule a meeting with one of our CERTIFIED FINANCIAL PLANNERS™: https://www.korhorn.com/contact-korhorn-financial-advisors/ or call 574-247-5898.   Subscribe on YouTube: http://www.youtube.com/c/WiseMoneyShow Listen on podcast: https://pod.link/1040619718   Watch this episode on YouTube: https://youtu.be/odfEZ1v9AJ8  Submit a question for the show: https://www.korhorn.com/ask-a-question/   Read the Wise Money Blog: https://www.korhorn.com/wise-money-blog/    Connect with us: Facebook - https://www.facebook.com/WiseMoneyShow  Instagram - https://www.instagram.com/wisemoneyshow/    Kevin Korhorn, CFP® offers securities through Silver Oak Securities, Inc., Member FINRA/SIPC. Kevin offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. KFG Wealth Management, LLC dba Korhorn Financial Group and Silver Oak Securities, Inc. are not affiliated. Mike Bernard, CFP® and Joshua Gregory, CFP® offer advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk, including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results. Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization's initial and ongoing certification requirements to use the certification marks.

Lynn Woolley welcomes Kristine Stevenson of Proverbs 16:15 LLC to discuss the Internal Revenue Service, how it operates and what to do when you owe money to Uncle Sam.  Kristine is a personal and small business financial coach who specializes in cases involving the IRS.  How do you get out of trouble (or stay out of trouble) with the agency, and what about people who haven't filed a tax return in years?  We'll also discuss the right and wrong ways to use credit cards, and when to avoid taking out a student loan.

Estados Unidos confirmó la muerte de los 6 militares a bordo del avión cisterna que se estrelló en Irak. Mientras tanto aumenta los ataques contra Irán. Varios templos judíos en Nueva York han reforzado su seguridad después del ataque en una sinagoga en Michigan.  Al parecer los restos encontrados en zona boscosa sí pertenecen a Aurelia Choc y sus hijos. La deportación no es excusa para no pagar sus deudas. Si una persona sale del país mantiene sus responsabilidades fiscales. El cierre parcial del gobierno sigue golpeando a los aeropuertos del país.

Today's guests are Wes Gray, Co-CIO of Alpha Architect, and Brent Sullivan, Editor of Tax Alpha Insider, which is the only publication focused on taxable portfolio strategy. In today's episode, Brent Sullivan and Wes Gray discuss how to handle concentrated stock positions. They explore the complexities around 351 ETF exchanges, what investors need to know when participating to adhere to tax laws. To close, they examine the rise of tax-managed long-short strategies and how AI may transform tax planning and portfolio management. (0:00) Starts (1:18) Brent Sullivan's background (3:36) Handling concentrated stock positions (7:32) 351 to ETF conversions (14:49) Regulatory scrutiny & IRS enforcement (27:39) Rebalancing, tax implications and practical advisor advice (34:09) Future ETF seeding predictions (39:01) Comparing ETF seeding and portfolio consolidation strategies (45:48) Long short strategies (52:23) Brent Sullivan's book and conference ----- Follow Meb on X, LinkedIn and YouTube For detailed show notes, click here To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com ----- Follow The Idea Farm: X | LinkedIn | Instagram | TikTok ----- Interested in sponsoring the show? Email us at Feedback@TheMebFaberShow.com ----- Past guests include Ed Thorp, Richard Thaler, Jeremy Grantham, Joel Greenblatt, Campbell Harvey, Ivy Zelman, Kathryn Kaminski, Jason Calacanis, Whitney Baker, Aswath Damodaran, Howard Marks, Tom Barton, and many more.  ----- Meb's invested in some awesome startups that have passed along discounts to our listeners. Check them out here!  ----- Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com). Learn more about your ad choices. Visit megaphone.fm/adchoices

K-1 season can be confusing for real estate investors, especially when depreciation, passive losses, and capital accounts start showing up on your tax documents. In this episode, Nate and Tom break down the fundamentals of depreciation in real estate partnerships and how it impacts both general partners (GPs) and limited partners (LPs). They walk through how cost segregation studies accelerate deductions, why passive losses matter for investors, and how depreciation is allocated inside syndications. They also explain why capital accounts and outside basis determine whether investors can actually use the losses shown on their K-1 and why partnership operating agreements need to align with IRS rules like Section 704(b). Whether you're a syndicator structuring deals or an investor trying to understand your K-1, this episode provides a clear overview of how depreciation works inside real estate partnerships. Request a free discovery meeting: go.therealestatecpa.com/mlre Subscribe to the REI Daily Newsletter: go.therealestatecpa.com/mlresubscriber Get the Ultimate Guide for Real Estate Syndications: go.therealestatecpa.com/mlreultimateguide Submit your questions to: go.therealestatecpa.com/question The Major League Real Estate podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, investing, financial, 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.

The tax rules for 2026 have changed in a big way. In this episode, we break down the seven most important updates business owners need to understand. You'll learn how 100% bonus depreciation is back, how the higher SALT deduction could increase itemized write-offs, and what new deductions for tips, overtime, and seniors mean. We also cover the phase-out of green energy credits and how these changes impact your tax planning. Most importantly, we explain how smart strategies like charitable planning and entity structure can help you keep more of what you earn. If you want proactive tax planning instead of basic tax preparation, this episode gives you the roadmap.   Next Steps: ➡️ Overpaying your CPA and the IRS? Learn how to stop it in this free training: https://go.phillipsbusinessgroup.com/registration

Book a call: https://remnantfinance.com/calendar Student Loan Tutor: https://www.studentloantutor.com/Out Print the Fed with 1% per week: https://remnantfinance.com/optionsEmail us at info@remnantfinance.com or visit https://remnantfinance.com for more informationFOLLOW REMNANT FINANCEYoutube: @RemnantFinance (https://www.youtube.com/@RemnantFinance)Facebook: @remnantfinance (https://www.facebook.com/profile.php?id=61560694316588)Twitter: @remnantfinance (https://x.com/remnantfinance)TikTok: @RemnantFinanceDon't forget to hit LIKE and SUBSCRIBE_____________________________Most people don't realize their student loan servicer is getting it wrong more than half the time. The Inspector General confirmed it: there's a 61% error rate in federal student loans. That means even if you do everything right, the odds are stacked against your loans being handled correctly over a 25-year repayment term. And most borrowers have no idea.In this episode, Hans sits down with Zack Geist, founder of Student Loan Tutor and one of the leading authorities on federal student loan repayment. They break down what's really happening inside the student loan system, why so many borrowers are overpaying, and how the right strategy can actually result in paying back less than you borrowed.Chapters:00:00 – Opening segment00:30 – Introducing Zack Geist and Student Loan Tutor01:10 – Bio and background03:00 – How Student Loan Tutor has saved borrowers over $1 billion06:25 – The 61% error rate: what it means and why it matters08:00 – Zack's background11:00 – The best lessons from failure14:20 – Zack's eco village and regenerative farm in Hawaii18:55 – Sovereignty, healing, and intentional community24:45 – Conscious spending vs. budgeting: a different framework29:15 – Pay yourself first and invest in learning33:35 – What Student Loan Tutor actually does and what it costs36:00 – The student loan trap set for 18-year-olds39:20 – Why doctors with the same loans pay wildly different amounts43:20 – The tax bomb at forgiveness: what borrowers aren't planning for45:10 – Effective interest rate vs. stated interest rate48:00 – The choose-your-own-adventure moment: what to do right now50:20 – Closing segmentKey Takeaways:Know your effective interest rate, not just your stated one. A 7% stated rate means nothing without accounting for your forgiveness timeline, tax exposure, and total payments over the life of the loan. Most Student Loan Tutor clients have a negative effective interest rate, meaning they'll pay back less than they originally borrowed.There's a 61% chance your servicer is handling your loans incorrectly. This isn't speculation, it comes from the Inspector General. Over a 25-year repayment period, the statistical probability of your loans being processed correctly every single year is lower than getting struck by lightning twice.Your monthly payment and your optimal monthly payment are probably not the same number. If your effective interest rate is negative, the correct amount to pay above your required minimum is $0. Every extra dollar you put toward that loan is working against you.The tax event at forgiveness is real and it requires a plan. When your loans are forgiven, the remaining balance is treated as earned income. For many borrowers, that's a $300,000 to $400,000 IRS bill in a single year. Plan for it now, or get blindsided later.Taking control of your student loans is the first step toward building wealth. The difference between servicing your loans at the standard rate versus optimizing your plan and investing the savings can be seven figures over 25 years. Same income, same expenses, completely different outcome.

Should you be afraid of a law firm IRS audit? U.S. law firm owner doing $300k–$2M/year? Get a free Law Firm Profit & Tax Checkup where I review your books and tax setup and highlight a few ways similar firms are keeping more of what they earn. Book your checkup here: https://bigbirdaccounting.com

Send us fan responses! Tired of building wealth in public only to watch courts, creditors, and confusion take the first cut? We open the playbook on how to move like a family enterprise, not a collection of individuals, using unincorporated associations and trusts to protect assets, bypass probate, and keep control where it belongs. The focus is practical: bylaws that define authority, banking resolutions that unlock accounts, minutes that prove substance, and clean beneficiary designations that move property without court drama.We walk through the difference between public and private posture, why codes and registrations can drag you into the public arena, and how a private structure sets a superior position for continuity and privacy. You'll hear a clear breakdown of estate planning beyond a will, how the family trust becomes the beneficial owner of your name and ventures, and why “own nothing, control everything” reflects lawful, strategic design. We also dig into the tax literacy path—what a PTIN is, how enrolled agent status works, and why understanding representation before the IRS helps you build smarter layers: holding companies, operating companies, and foundations that serve your mission.From vehicles and homes to education and IP, we map how assets fit into the stack and why meticulous record-keeping turns a surname into a stable brand. Finally, we explore private family foundations and endowments that fund schools, libraries, or health initiatives, ensuring your last name carries resources and rules into the future. If you're ready to turn knowledge into a system and a system into generational security, this is your blueprint.If this helped you see your estate in a new light, follow, share with a friend building a legacy, and leave a review so more listeners can find these strategies.https://donkilam.com FOLLOW THE YELLOW BRICK ROAD - DON KILAMGO GET HIS BOOK ON AMAZON NOW! https://open.spotify.com/track/5QOUWyNahqcWvQ4WQAvwjj?autoplay=trueSupport the showhttps://donkilam.com

In this week's episode of This Week in AML, Elliot Berman and John Byrne break down a wide-ranging set of developments shaping the financial crime landscape. They begin with the U.S. Treasury's three newly released national risk assessments—money laundering, terrorist financing, and proliferation financing—highlighting key findings on fraud trends, shell companies, NPO vulnerabilities, and geopolitical threats. Elliot and John also discuss emerging insights from the IRS on the value of CTRs, the White House's new cybersecurity strategy, upcoming AMLA public hearings in the EU, and AUSTRAC's expanded compulsory examination powers. Additional topics include recent enforcement actions targeting illicit Iranian oil networks, covert Russian vessel-protection teams, and FATF's updated consolidated assessment ratings. A must‑listen for compliance professionals looking to stay current in a rapidly shifting environment.

This episode explores the enforcement landscape of financial fraud in 2025, highlighting trends, the role of whistleblowers, and future priorities across agencies like the SEC, CFTC, IRS, and international counterparts. Gain insights into how whistleblower programs are shaping enforcement and what to expect in the coming years. Fraud in America is made possible by the generous donation of Getnick Law, a boutique Manhattan law firm dedicated to fighting fraud and promoting business integrity. ------------------Fraud in America Social Links

Send a textWe break down why the short-term rental loophole can produce massive tax savings and why the same strategy can collapse in an IRS audit if the paperwork is weak. We walk through what actually triggers scrutiny, what auditors ask for first, and how we document the rules so the losses stay usable. • short-term rental loophole basics under IRC Section 469 and why it changes passive loss limits • seven-day average length of stay and how to prove it with Airbnb or VRBO stay logs • audit triggers we see most often, especially missing or mismatched 1099 income • how the IRS tests deductions, including bank statement tie-outs and reasonable expenses • cost segregation study scrutiny, what can get adjusted, and why it is usually not the main fight • material participation tests that matter: 100 hours plus no one else more, 500 hours, substantially all • why cleaners, property managers, partners, and big properties make the 100-hour test harder • grouping elections for multiple short-term rentals and why long-term rentals cannot be grouped in • how to prove hours, why courts punish vague estimates, and why logs win audits • what hours count, what investor hours do not count, and where the gray areas live • what to do if you lose, including appeals and amending to elect out of cost segregation Go to https://www.prosperlcpa.com/apply for a free conversation and a video from me illustrating what maybe be possible and how much we can save you with advanced tax reduction strategies. If you want that, just type our log in the comments or just email me and I'll send that right on over to you. 

An Australian designer wins her long going suit with Katy Perry, the most expensive sports, a doctor in Nebraska does a wonderful thing for a foster child, and the IRS says social media is giving people bad advice.

In this episode, we answer questions submitted by Greg, James, Greg, Sarah, George, Deborah, and Martha. From Drilled Un-Completed (DUC) wells that seem stalled to inheriting assets you don't fully understand, from IRS estate appraisals to updating an address on a deed, this episode highlights why the details always matter and why knowing the right next step can save you time, money, and stress. Whether you're dealing with one of these issues right now or just want to be prepared when you do, there's something in this episode for every mineral owner. As before, many of the questions in this episode are covered in more depth in my Mineral Management Basics online course, including how to read a legal description, perform a title search, identify nearby oil and gas activity, and determine whether you should be getting paid on a well.  Thanks again to everyone who submitted a listener question!  If you have a question about your minerals or royalties, you can send it to feedback@mineralrightspodcast.com!

The Last Trade: Jackson, Michael, and Brian break down the US military operation in the Middle East, $120 oil, bitcoin's resilience as a wartime asset, the 20M BTC supply milestone, Kraken's Fed master account, private credit cracking, and the IRS's new crypto audit form.---

Ted Block was cutting down a tree in April 2024 when his neighbor walked into his yard with a handgun and began to argue with him. Cole Hornsby fired five shots at Block and killed him as his wife watched. Deputies in Hamilton County, Ohio responded and found Hornsby standing near Block and took him into custody. Hornsby was recently found guilty of murder at trial. Law&Crime's Angenette Levy goes through the body-worn camera footage in this episode of Crime Fix — a daily show covering the biggest stories in crime.PLEASE SUPPORT THE SHOW:If you're dealing with IRS back taxes, your first move should be a free consultation, not a call to the IRS. Get a completely free, no‑obligation review of your situation from the experts at Tax Hardship Center by visiting https://taxhardshipcenter.com/taxreliefnow or calling (844) 696-1311 to see where you stand before the IRS comes collecting.Host:Angenette Levy https://twitter.com/Angenette5CRIME FIX PRODUCTION:Head of Social Media, YouTube - Bobby SzokeSocial Media Management - Vanessa BeinVideo Editing - Daniel CamachoGuest Booking - Alyssa Fisher & Diane KayeSTAY UP-TO-DATE WITH THE LAW&CRIME NETWORK:Watch Law&Crime Network on YouTubeTV: https://bit.ly/3td2e3yWhere To Watch Law&Crime Network: https://bit.ly/3akxLK5Sign Up For Law&Crime's Daily Newsletter: https://bit.ly/LawandCrimeNewsletterRead Fascinating Articles From Law&Crime Network: https://bit.ly/3td2IqoLAW&CRIME NETWORK SOCIAL MEDIA:Instagram: https://www.instagram.com/lawandcrime/Twitter: https://twitter.com/LawCrimeNetworkFacebook: https://www.facebook.com/lawandcrimeTwitch: https://www.twitch.tv/lawandcrimenetworkTikTok: https://www.tiktok.com/@lawandcrimeSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

U.S. casualties rise in the Iran campaign as intelligence warns Tehran may deploy sea mines in the Strait of Hormuz, threatening global oil shipments and pushing gas prices higher at home. Unprecedented volatility in global oil markets could drive U.S. gas prices to $4 a gallon or higher even if the conflict ends immediately - former oil trader Eric Bolling weighs in. The family of a California man stabbed while charging his Tesla outside a public library is suing the city of Downey, alleging officials ignored years of crime warnings and failures during the chaotic emergency response contributed to his death. A Daily Mail report alleges IRS filings show California Governor Gavin Newsom's wife's nonprofit paid millions over the past decade to her and her production company, raising new ethics questions about donors with ties to state contracts.   SelectQuote: Compare top‑rated life insurance options. Visit https://SelectQuote.com/megyn to get the right coverage at the right price.   Firecracker Farm: Visit https://firecracker.FARM & enter code MK at checkout for a special discount! Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

1002. Taxes don't have to be a source of shame or a "black box" of confusion. Whether you're a lifelong artist, a side-hustler, or a traditional employee, understanding the tax code is the ultimate power move for your bank account. In this episode, Laura sits down with Hannah Cole, an Enrolled Agent, working artist, and founder of Sunlight Tax. Hannah specializes in bringing "tax literacy to the humans"—specifically those who feel like the "black sheep" of the business world. They dive into the mindset shifts needed to conquer financial fear and the tangible steps you can take to legally pay less to the IRS. What We Discuss: The Mindset Shift: Why money is "neutral" and how to stop letting "starving artist" stereotypes gatekeep your wealth. The Cost of Confusion: Why a lack of tax literacy costs the average American over $1,000 a year (and much more for entrepreneurs). Self-Employment 101: A breakdown of the 15.3% self-employment tax and why your "boss hat" and "employee hat" both owe a cut. "One Big Beautiful Bill" Updates: How new laws affecting overtime, tips, and the SALT deduction (increased to $40,000) change your 2025/2026 filings. The "Trump Account": What new parents need to know about the $1,000 government contribution for babies born in 2025 and beyond. Deduction Goldmines: From startup expenses you can claim retroactively to the VIN Decoder tool for car loan interest deductions. Tax Calm: Practical "Atomic Habits" to make bookkeeping feel like a peaceful ritual rather than a chore. Find Hannah at SunlightTax.com.

Personal finance loves clean rules. Save 20%. Follow the 4% rule. Always max the 401(k). But real life rarely cooperates with tidy formulas. This week Joe Saul-Sehy, OG, and guest co-host CFP Anna Allem dig into the gap between the advice we hear and the messy decisions we actually face. What your savings rate really means. How often you should rethink inflation assumptions. Why a mysterious tax form after a backdoor Roth conversion might not be the crisis it first appears to be. Turns out some of the most stressful money moments simply come from misunderstanding how the system works. The conversation tackles real listener questions about whether their savings rate is good enough (spoiler: it depends entirely on the life you want), how to increase savings without feeling squeezed, when to update retirement projections for inflation, and whether contributing to a terrible 401(k) with no employer match still makes sense. Anna brings fresh perspective on the backdoor Roth tax scare that panics people every year, explaining why receiving a 1099-R is completely normal and usually harmless, plus the small IRS form that keeps your Roth strategy squared away. The crew also breaks down what's actually happening when a mutual fund splits (far less dramatic than the headlines suggest) and the one disclosure document every advisor must provide that contains important clues about fees, conflicts, and discipline history. Down in the basement, Doug delivers trivia about a document most investors rarely request but absolutely should. Somewhere between inflation math, tax forms, and the occasional rant about terrible retirement plan providers, the crew reminds us that personal finance isn't about memorizing rules. It's about understanding how the pieces fit together, even when the paperwork looks scary. What You'll Walk Away With: • Why your savings rate isn't a universal scoreboard and how to judge it based on the life you actually want • A low friction strategy for increasing savings over time without feeling budget squeezed • The expense audit trick that quickly reveals whether your spending still matches your priorities • A smarter way to adjust retirement projections for inflation and how often those numbers deserve a second look • Why the famous 4% rule should guide your thinking but never run your retirement plan • How to evaluate whether contributing to a frustrating 401(k) plan still makes sense without employer match • What's really happening when a mutual fund splits and why the headline sounds more dramatic than reality • Why receiving a 1099-R after a backdoor Roth conversion is completely normal and usually harmless • The small IRS form that keeps your Roth strategy squared away and prevents tax headaches later • The one disclosure document every advisor must provide and the important clues it contains about fees and conflicts This Episode Is For You If: • Money decisions suddenly feel like they carry more weight • You're tired of clean money rules that don't fit your messy real life • You're ready to understand how the pieces fit together instead of just memorizing formulas For many people in their 40s, retirement planning gets real, inflation has reshaped expectations, and the margin for error feels smaller. The danger is relying on simple financial rules without understanding the assumptions behind them. When you know how these tools actually work, you can make smarter decisions and stop stressing about the parts that aren't problems in the first place. Question for You: What's one money rule you've been following without really understanding why? Drop it in the comments or The Basement Facebook group because Anna, Joe, and OG might tackle it in a future episode. FULL SHOW NOTES: https://stackingbenjamins.com/stacker-community-show-1814 Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.stackingbenjamins.com/201 Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Filing a tax extension feels stressful for many business owners. Missing numbers, unfinished bookkeeping, and uncertainty about the tax bill can make tax season overwhelming. But filing an extension (in many cases) can be the smartest move you can make.A tax extension gives you more time to file your return so you can organize your records, receive missing documents like K-1s, and avoid rushing through a return that could contain mistakes. In this episode, we break down how extensions actually work, clear up common myths about audit risk, and explain what to do if you cannot afford your tax bill.We also cover why ignoring the IRS is the worst move you can make, how penalties work, and the payment plan options available to business owners who need more time to pay what they owe.

Starting an LLC is exciting, but most new business owners make costly mistakes right after filing. In this episode, we break down five common errors that can destroy your liability protection and increase your tax bill. You'll learn why commingling personal and business money can put your assets at risk, how income type affects self-employment tax, and what tax forms and deadlines LLC owners often miss. We also cover why buying real estate before forming your LLC can create major legal issues, and how to reimburse yourself correctly to stay audit-proof. If you want real tax planning, smarter business structure decisions, and stronger protection, this episode is a must.   Next Steps: ➡️ Overpaying your CPA and the IRS? Learn how to stop it in this free training: https://go.phillipsbusinessgroup.com/registration

Paid Advertisement:Do not wait for another IRS letter or a frozen bank account. Call 866-409-5069 or visit http://tnusa.com/saltyWebsite: https://saltmustflow.comOTHER PLATFORMSRumble: https://rumble.com/c/SaltyCrackerYouTube: https://www.youtube.com/@SaltyCrackerTwitter/X: https://x.com/SaltyCracker9Locals: https://saltycracker.locals.com/SUPPORT SALTYWebsite: https://saltmustflow.com/support/SubscribeStar: https://www.subscribestar.com/salty-crackerCash App: https://cash.app/$saltmustflowMerchandise: https://saltmustflow.com/shop/Mrs. Salty's Channel: https://www.youtube.com/channel/UChnZMOno3rthe1LHvcxufdwMusic by: https://incompetech.com/ Crinoline Dreams In Your Arms--Disclaimer-- These are the opinions and ramblings of a foul-mouthed lunatic. They are for entertainment purposes only and are probably wrong. You listen at your own risk.

No one goes into multisite thinking, "This model isn't going to work."  Everyone starts for the right reasons: more people reached and more communities engaged. But over time, tensions begin to show up. But it's not just normal complexity; it's the kind that starts to impact clarity and limit effectiveness if you don't pay attention to it. Last week, Sean and Amy interviewed three leaders about their experience with multisite. All three pastors made the case that how you start multisite doesn't have to be your model forever. In this episode, Sean and Amy reflect on the takeaways from those stories and start pulling out some of the common challenges we see churches facing in multisite.    This Episode is Sponsored by The Church Lawyers Every church needs trusted legal counsel, but finding attorneys who truly understand ministry can be challenging. The Church Lawyers specialize in church and nonprofit law, serving thousands of organizations nationwide. From by-laws and governance, to IRS compliance and employment matters, The Church Lawyers provide the expertise you need with sound legal advice giving you peace of mind. Discover practical free resources and affordable membership options at thechurchlawyers.com.   Join the Conversation on Social Media We use hashtag #unstuckchurch on X and on Instagram. 

Democrat Senate candidate James Talarico was pitched as the moderate option yet can't seem to stop shilling for the Left's most controversial social topics. Let's see what he said about trans kids. The Iran War is over. Or it isn't. Or it mostly is, but there's still some of it? We're not sure. Let's see what they're saying. Some people did some thing over the weekend. A Muslim terrorist lobbed a bomb that luckily didn't go off. Western civilization has been dealing with Muslim terrorism for decades, which just goes to show: Islam is incompatible with the West. GUEST: Josh Firestine Link to today's sources: https://www.louderwithcrowder.com/sources-march-10-2026 Do not wait for another IRS letter or a frozen bank account. Call (866) 686-1417. Or visit https://tnusa.com/CROWDER Foundation Daily is made up of premium ingredients to reduce inflammation and stress and promote clean energy and mental clarity. Subscribe now and receive 40% off for life. https://foundationdaily.com/ DOWNLOAD THE RUMBLE APP TODAY: https://rumble.com/our-apps Join Rumble Premium to watch this show every day! http://louderwithcrowder.com/Premium Get your favorite LWC gear: https://crowdershop.com/ Bite-Sized Content: https://rumble.com/c/CrowderBits Subscribe to my podcast: https://feeds.libsyn.com/576250/rss FOLLOW ME: Website: https://louderwithcrowder.com/ X: https://x.com/scrowder Instagram: http://www.instagram.com/louderwithcrowder Facebook: https://www.facebook.com/stevencrowderofficial Music by @Pogo