The Real Tax Guy.

Videos Live Sessions Log in Sign up

The Real Tax Guy.

Real tax strategies, plain English, no suits. Free videos and live sessions from TJ Thorlackson.

Explore

Videos
Live Sessions
Podcasts
My Account
Book time with TJ →

Get the good stuff first

New videos, live sessions, and tax tips. No spam, no suits.

© 2026 The Real Tax Guy · Operated by THORLACKSSON, INC

Built by HummingAgent

Video library

All Shorts Podcasts Education Real Stories

TopicsCrypto Deductions Family Irs Llc & S Corp Payroll Personal Taxes Real Estate Retirement Side Hustle Small Business Tax Strategy

How to write off a trip to the Bahamas

shorts

How to write off a trip to the Bahamas

Business trips need a real business purpose like client meetings, scouting office space, or corporate retreats.

2 views👍 0

Why an airplane can be a huge business deduction

shorts

Why an airplane can be a huge business deduction

High-profit business owners can deduct 100% of an airplane purchase, potentially saving 30-40% in taxes.

2 views👍 0

End of year tax moves for small business owners

shorts

End of year tax moves for small business owners

Pay your bills before year-end, estimate your tax liability, and find extra deductions if needed.

2 views👍 0

What happens if your business keeps losing money

shorts

What happens if your business keeps losing money

Continuous business losses could create tax problems that need professional attention.

2 views👍 0

How to count business travel days for tax purposes

shorts

How to count business travel days for tax purposes

Travel days plus any day with meetings or substantial work count as business days for deductions.

2 views👍 0

How much money before switching to an S corp

shorts

How much money before switching to an S corp

Addresses the income threshold question for converting to S corp status.

5 views👍 0

End of year tax planning for S corps and excavating businesses

shorts

End of year tax planning for S corps and excavating businesses

Equipment purchases must follow timing rules to qualify as write-offs for your S corp.

3 views👍 0

Why the Augusta rule isn't as easy as people think

shorts

Why the Augusta rule isn't as easy as people think

You need fair rent, employees who attend, and actual business conducted to claim the Augusta rule deduction.

2 views👍 0

Which business expenses are actually deductible

shorts

Which business expenses are actually deductible

Mileage, meals, travel, home office, equipment, and more can be deductible if used for business purposes.

2 views👍 0

When DIY taxes cost you money you never knew you lost

shorts

When DIY taxes cost you money you never knew you lost

Complex situations like kids, business income, or credits have hidden savings you'll miss without professional help.

2 views👍 0

What's your favorite business deduction?

shorts

What's your favorite business deduction?

TJ asks about favorite deductions and offers to help with any kind of business.

2 views👍 0

When you can actually write off meals as a business expense

shorts

When you can actually write off meals as a business expense

Business meals that benefit your company are deductible, but keep them reasonable and trust your gut on what makes sense.

2 views👍 0

Why shell companies to lose money don't actually work

shorts

Why shell companies to lose money don't actually work

Start a real business, enjoy legitimate expenses tax-free, and pay a little more tax on real profit.

2 views👍 0

What really happens if you don't file a tax return

shorts

What really happens if you don't file a tax return

The IRS usually won't jail you for not filing, but they may file a return for you with no deductions.

2 views👍 0

What to do if you get a 1099 from Venmo

shorts

What to do if you get a 1099 from Venmo

Report personal Venmo payments on Schedule 1; business payments can be offset with expenses.

2 views👍 0

Why W-2 employees struggle to build wealth vs self-employed

shorts

Why W-2 employees struggle to build wealth vs self-employed

Compares the wealth-building challenges W-2 employees face versus self-employed individuals.

2 views👍 0

Do you really need to keep boxes of receipts

shorts

Do you really need to keep boxes of receipts

Use one dedicated card or bank account for business expenses and let the statements do your bookkeeping.

2 views👍 0

How to get the most deductions legally

shorts

How to get the most deductions legally

Tell the truth and actually claim the business expenses you're entitled to, like phone, internet, meals, and mileage.

2 views👍 0

Why W-2 employees love tax season but business owners don't

shorts

Why W-2 employees love tax season but business owners don't

W-2 employees often get refunds while small business owners typically owe taxes at filing time.

2 views👍 0

How to shift personal expenses to your business side

shorts

How to shift personal expenses to your business side

Use your business income for deductible expenses like meals, travel, internet, and phone, then pay taxes only on the leftover profit.

2 views👍 0

What actually makes a meal tax deductible

shorts

What actually makes a meal tax deductible

The IRS can't verify if you discussed business, so focus on meals that legitimately help your business and keep them proportionate.

2 views👍 0

Why a side business is the key to building wealth

shorts

Why a side business is the key to building wealth

A W-2 job plus a business with legitimate deductions keeps your taxable income low while you live well.

2 views👍 0

The IRS can't tell you what to buy for your business

shorts

The IRS can't tell you what to buy for your business

You don't have to buy the cheapest option to deduct it—the IRS just asks you to record your expenses.

2 views👍 0

How buying an airplane can wipe out your business taxes

shorts

How buying an airplane can wipe out your business taxes

A business airplane purchase can be fully deducted in year one, potentially zeroing out your taxable profit.

2 views👍 0

← Previous1…15161718Next →

415 videos in this filter