The Real Tax Guy.

Videos Live Sessions Work With The Real Tax Guy Log in

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
Work 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 Fundamentals Tax Strategy

Working remotely on vacation doesn't make it a business trip

shorts

Working remotely on vacation doesn't make it a business trip

Your reason for the trip matters—if it's vacation, you can't deduct it just because you worked while there.

33 views👍 0

Why the IRS might call your business a hobby

shorts

Why the IRS might call your business a hobby

If your business only creates losses, the IRS can reclassify it as a hobby and make you repay years of tax savings with penalties.

31 views👍 0

What travel expenses are deductible on a business trip

shorts

What travel expenses are deductible on a business trip

Business travel costs like mileage, hotels, meals, flights, rental cars, and even lounge memberships can be deducted from your income.

32 views👍 0

You can deduct meals without a 30 mile rule

shorts

You can deduct meals without a 30 mile rule

There's no IRS rule requiring meals to be 30 or 50 miles away to be deductible; just keep credit card records.

35 views👍 0

Retirement planning depends on your business profit

shorts

Retirement planning depends on your business profit

Different retirement accounts work for different situations based on your age, profit level, and when you want to retire.

47 views👍 0

Why cash transactions can backfire in an IRS audit

shorts

Why cash transactions can backfire in an IRS audit

If you pay for business expenses in cash and get audited, you won't have bank records to prove your story.

32 views👍 0

Why cheap tax prep might cost you thousands

shorts

Why cheap tax prep might cost you thousands

DIY software doesn't catch missed deductions like travel, meals, and other write-offs you're entitled to.

28 views👍 0

Equipment purchases are deductible for your business

shorts

Equipment purchases are deductible for your business

If you buy equipment for your business, you can write it off—don't let a bad preparer tell you otherwise.

25 views👍 0

Do you have to report Venmo business income

shorts

Do you have to report Venmo business income

Yes, business income through Venmo must be reported on your taxes.

47 views👍 0

When switching to an S corp actually saves you money

shorts

When switching to an S corp actually saves you money

An S corp only helps when your profits exceed the salary you need to pay yourself for things like mortgage approval.

49 views👍 0

Business structures explained from sole prop to S corp

shorts

Business structures explained from sole prop to S corp

Walks through sole proprietor, LLC, S corp, and partnership structures and when each applies.

47 views👍 0

The hidden cost of doing your own business taxes

shorts

The hidden cost of doing your own business taxes

80% of DIY business returns miss $3,000 to $5,000 in deductions that a tax pro would catch.

29 views👍 0

You can deduct business losses before you turn a profit

shorts

You can deduct business losses before you turn a profit

The IRS handles business income year by year, so you can claim losses now instead of waiting until you're profitable.

36 views👍 0

How a cruise can become tax deductible

shorts

How a cruise can become tax deductible

A cruise with business education sessions can qualify as a deductible conference expense.

31 views👍 0

Business conference cruise you can write off

shorts

Business conference cruise you can write off

A tax-deductible business cruise covering taxes, retirement planning, and business topics could be coming next spring.

29 views👍 0

Your tax preparer should actually talk to you

shorts

Your tax preparer should actually talk to you

A good tax professional reviews your return with you and catches missing deductions before filing.

32 views👍 0

Quarterly tax payments aren't always required

shorts

Quarterly tax payments aren't always required

Estimated payment coupons from your tax return don't mean you must pay quarterly, but business owners should review profits in fall to plan ahead.

59 views👍 0

Being an LLC doesn't automatically save you money

shorts

Being an LLC doesn't automatically save you money

Your tax savings depend on your specific situation, income level, and tax form used, not just your business structure.

49 views👍 0

What services does The Real Tax Guy offer

shorts

What services does The Real Tax Guy offer

Overview of tax strategy, return reviews, and preparation services from a 30-year tax pro.

31 views👍 0

The difference between a DBA and an LLC

shorts

The difference between a DBA and an LLC

DBAs and LLCs are often confused, but they serve different purposes for your business.

51 views👍 0

How a business cruise can be tax deductible

shorts

How a business cruise can be tax deductible

A cruise with business education sessions can be deductible because you're there to learn for your business.

30 views👍 0

Mileage deduction rules for S corps vs sole proprietors

shorts

Mileage deduction rules for S corps vs sole proprietors

S corps can reimburse mileage directly, but sole proprietors must exclude commuting miles from home to first stop.

59 views👍 0

How we help business owners pay less in taxes

shorts

How we help business owners pay less in taxes

Overview of our approach to minimizing taxes for business owners.

33 views👍 0

How a business cruise could be tax-deductible

shorts

How a business cruise could be tax-deductible

A cruise with business education sessions may qualify as a deductible trip if learning is the primary purpose.

34 views👍 0

← Previous1…45678…18Next →

428 videos in this filter