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TopicsCryptoDeductionsFamilyIrsLlc & S CorpPayrollPersonal TaxesReal EstateRetirementSide HustleSmall BusinessTax Strategy
0:54shorts
You get more deductions by telling the truth
Many business owners underreport legitimate deductions like phones, internet, meals, and mileage because no one taught them the rules.
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0:37shorts
What tax rules do you think are nonsense?
Asking viewers to share tax rules they've heard that seem like BS so we can address misinformation.
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1:14shorts
You can still deduct meals without every receipt
The IRS uses a reasonableness standard, so estimate your typical spending honestly rather than stressing over every lost receipt.
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1:19shorts
Why business owners buy private jets for the tax write-off
The tax code allows 100% first-year depreciation on airplanes, making jets a legitimate business deduction.
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0:34shorts
How I'm relaxing after tax season
After a busy tax season, sometimes you just need to book a cruise to decompress.
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1:18shorts
Why cheap online tax software costs you thousands
Online tax software won't tell you what deductions you're missing, and most business owners miss $3,000 to $5,000 in write-offs.
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0:47shorts
How to report your home sale on your tax return
Report your 1099-S from the title company and check the boxes showing it was your primary residence to avoid IRS letters.
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1:03shorts
Tax strategy depends on your age and goals
Generic tax tips online often don't apply because real strategy depends on your specific situation, age, and goals.
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1:11shorts
Why don't schools teach kids about taxes
A tax pro explains why he teaches clients' teenagers how tax returns work since schools often skip this life skill.
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0:42shorts
Free tax education videos and community forum
Sign up free to access 30 years of tax knowledge, Q&A, and a community forum before tax season.
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1:02shorts
Why putting kids on your board for trip deductions is fraud
Adding children to your board just to write off family vacations is tax fraud the IRS will catch.
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1:00shorts
Rental remodels: what you can write off now vs later
Capital improvements like roofs and countertops get depreciated over time, while repairs like paint and carpet can be written off immediately.
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1:03shorts
How business owners can write off a vacation
Attend a business conference to make travel deductible, including hotels before and after the event.
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1:09shorts
Why real estate investing was hard for me personally
Real estate losses can still be deductible if you actively participate, but the real goal is buying low and selling high.
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0:39shorts
What the IRS means by necessary and reasonable
The IRS tests expenses as necessary and reasonable, but both terms are flexible based on your situation.
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1:26shorts
Why expensive tax pros skip valid deductions
Some pricey preparers refuse legitimate meal and mileage deductions out of excess caution, costing you money.
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1:01shorts
Why the Augusta rule might get you in trouble
The Augusta rule requires employees to physically be in your home, not just family members who are already there.
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1:08shorts
Why fake business losses are risky but airplane deductions are legit
The IRS expects businesses to profit 2 of 5 years or they may audit you back 7 years with penalties.
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1:19shorts
Common tax myths I keep hearing from clients
Debunks myths about meal deductions, truck write-offs, and whether kids' W-2s go on your return.
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1:08shorts
Phone and internet can be rental property deductions
If you use your phone or internet to manage rental properties, those costs are deductible.
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0:47shorts
Yes, I actually do tax returns (and here's how to work with me)
Beyond the videos, there are tax prep services, a subscription with office hours, community forums, and even a tax-deductible cruise.
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0:50shorts
LLC types and when to switch to an S corp
Single-member LLCs pay self-employment tax on all profits; switching to an S corp can reduce that tax when income grows.
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1:06shorts
What to do if you get audited by the IRS
Most IRS letters just ask you to verify info, and real audits aren't scary if you told the truth.
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0:54shorts
Why working remotely doesn't make a trip deductible
You need a real business reason to be somewhere, not just doing your regular work from a vacation spot.
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