Hidden Money Podcast

Selling your business is a once-in-a-lifetime move—don’t give Uncle Sam a tip. In this episode of Hidden Money, we sit down with Kyle Gabbert and Tyler Wright of Bluegrass Legacy to unpack the real playbook for exit planning: building enterprise value (not just income), installing SOPs so your company runs without you, and preparing for the 55% of exits that are unplanned. We also dig into tax strategies like §1202 QSBS and cash balance plans that can massively increase what you keep.You’ll learn:How to make your business sellable (and more enjoyable to run right now)Why buyers pay more for systems, teams, and transferable relationshipsWhat multiples really mean—and how to move from “average” to “best in class”The 5-year window for powerful, legal tax strategiesLinks & resources:Hidden Money Podcast & resources → hiddenmoney.comWork with the Revo team → revotaxpayer.com/contactIf this helped, follow the show and share it with an owner who’s thinking about an exit.

Making Smart Moves in Today’s Market (ft. Kyle Gebhart & Tyler Wright, Bluegrass Legacy)Rates. Inflation. Politics. Portfolios. In this episode, Kyle Gebhart and Tyler Wright from Bluegrass Legacy join Mike & Kevin to unpack what’s really driving today’s market, and the moves smart investors can make now.In this episode:• The Fed’s tough tradeoff: inflation vs. unemployment• How higher costs hit owners and employees (and what to do about it)• Why commodities (gold, oil & gas, etc) can help during inflation• Tariffs, deficits, and dollar strength—what matters for your plan• Practical positioning so you can win in up and down marketsGuests: Kyle Gebhart & Tyler Wright — Bluegrass LegacyMore from us: Hidden Money Podcast • Revo Tax Like what you hear? Follow the show and share with a friend who’s feeling market anxiety.📩 Ready for a proactive tax strategy? Revo Tax

 In this power-packed episode, Mike Pine and Kevin Schneider reveal one of the biggest hidden gems in the U.S. tax code: intangible drilling costs (IDCs). Whether you're a W-2 earner, self-employed, or a business owner looking for a major deduction, oil and gas investing—done the right way—could save you tens of thousands in taxes each year.💼 What You’ll Learn:How intangible drilling costs (IDCs) can offset up to 90% of your taxable incomeWhy investing through a working interest (not royalty/mineral interest) is criticalThe role of general partner liability and how to mitigate itCommon AMT pitfalls and how to avoid themHow Revo’s diversified fund-of-funds structure reduces risk while preserving deductionsThe long-term benefit of depletion for tax-efficient incomeWhether you're looking to eliminate W-2 tax liability or diversify your portfolio into an asset class backed by energy independence, this episode delivers insights grounded in the tax code, not hype. Learn more at https://www.revotaxpayer.com#OilAndGasTaxStrategy #IntangibleDrillingCosts #PassiveVsActiveIncome #HiddenTaxSavings #AlternativeInvestments #RevoTax #WorkingInterest #FundOfFunds

As a high-earning physician, your income and assets make you a prime target for lawsuits, audits, and financial predators. In this episode of the Hidden Money Podcast, CPAs Mike Pine and Kevin Schneider reveal the steps doctors must take to shield their personal and professional assets from liability.This episode explores:Why insurance is not enough to protect your wealthThe role of LLCs, LPs, and trusts in creating legal separationHow real estate investments can expose physicians to non-medical lawsuitsWhy doctors should never own assets in their own nameHow to title assets, shift ownership, and still retain controlWhat your insurance agent might not tell you about coverage gapsThe importance of a coordinated CPA + attorney strategyThis is more than financial planning—it’s legacy protection. Whether you're 5 years into practice or preparing for retirement, this episode is your roadmap to building a fortress around your wealth.🎧 For more episodes or to schedule a consultation, visit https://www.revotaxpayer.com#PhysicianAssetProtection #TrustStrategy #MedicalLiabilityRisk #WealthPreservation #RevoTax #HiddenMoneyPodcast #DoctorFinance

High-income physicians with multiple income streams can unlock massive tax savings—if they know how to leverage real estate correctly. In this episode of the Hidden Money Podcast, CPAs Mike Pine and Kevin Schneider explore the strategic use of both long-term and short-term real estate investments to reduce taxable income.🎯 Key Topics Covered:Depreciation: Why it's the “magic deduction” for growing wealthLong-Term Rentals: How a stay-at-home spouse can qualify for real estate professional status (REP)Short-Term Rentals: How to use the material participation rules to bypass REP requirementsPassive Income: How to offset surgery center K-1s and other medical investmentsSelf-Rental Strategies: Using your practice’s building to generate deductible passive incomeCash Flow Considerations, Market Risks & Tax Code ComplianceThis episode is packed with real-world tax strategies that empower physicians to reduce their tax liability, build wealth, and reclaim their time.👉 Whether you’re just starting your real estate portfolio or already own multiple properties, this episode will reshape how you think about tax strategy.🎧 Listen to more at https://www.revotaxpayer.com#PhysicianTaxStrategy #RealEstateTaxTips #ShortTermRentalTax #MedicalInvestments #RealEstateProfessionalStatus #RevoTax #HiddenMoneyPodcast

If you're a self-employed doctor, 1099 physician, or owner of a medical practice, this episode is for you. CPAs Mike Pine and Kevin Schneider dive deep into the world of physician tax planning—where high income, high liability, and complex business structures collide.Discover how to structure your practice using an LLC or PA to limit liability and unlock tax benefits. Learn how S corp elections can help eliminate thousands in self-employment tax, and how to take full advantage of bonus depreciation for big-ticket medical equipment. They also discuss how employing your kids, avoiding co-mingled expenses, and working with the right bookkeeper can make or break your financial strategy.🎯 What You’ll Learn:Entity formation basics (LLC vs PA vs S Corp)How S corp status reduces self-employment taxesWhat physicians can legally deductHow bonus depreciation can accelerate your equipment ROICreative household income shifting strategiesCommon pitfalls like co-mingling and bad bookkeepingDon’t leave money on the table. Whether you’re just starting your own practice or already navigating the complex world of private medicine, this episode equips you with real-world tax strategies that make a difference.🎧 For more, visit https://www.revotaxpayer.com#SelfEmployedDoctors #PhysicianFinance #1099DoctorTaxTips #SCorpForDoctors #MedicalPracticeTaxStrategy #RevoTax

Are tax refunds “free money”? Should W-2 earners just accept high tax bills? And is the IRS really your enemy?In this myth-busting episode, Kevin and Mike tackle 7 of the most common, and most damaging, misconceptions about taxes. From misunderstood red flags to overpaying "just to stay safe," they reveal how these myths are quietly costing you money.Discover how to turn the tax code into your greatest wealth-building ally, why strategy matters even if you’re a W-2 employee, and how state tax rules may be hurting your bottom line.🎧 Tune in to reclaim your financial power.💼 Learn more at revotaxpayer.com📌 Follow and subscribe to stay ahead of tax changes.

Ever heard the term "IRS red flag" and panicked? You're not alone. In this episode of Hidden Money, Mike and Kevin break down the most common IRS red flags, what they actually mean, and how to approach them strategically.You'll learn:What qualifies as an IRS red flagHow smart tax planning can raise flags and still be legalWhich red flags are worth defending and which you should avoidReal-world examples of deductions, losses, and business claimsWhy documentation is everything when you're auditedThis episode is a must-listen for:Small business ownersSelf-employed professionalsFreelancers and 1099 earnersAnyone wanting to reduce audit risk without leaving money on the tableTune in, take notes, and start thinking about your taxes like a strategist.Want help with your taxes? Visit us at revotaxpayer.com

Are you self-employed or running a small business? You could be paying way more tax than you need to. In this episode of The Hidden Money Podcast, Mike and Kevin break down S Corporation tax strategy secrets, including how S Corps can dramatically reduce your self-employment tax, what “reasonable compensation” really means (hint: it’s NOT a fixed percentage), and why setting up an S Corp the right way could save you thousands.Discover:✅ The #1 question to ask before you form an S Corp✅ How to legally reduce Medicare and Social Security taxes✅ Common mistakes that trigger IRS audits (and how to avoid them)✅ How S Corps impact your QBI deduction✅ Why you should never put real estate in an S Corp Take action: If you’re serious about keeping more of what you earn, subscribe and share this episode with other business owners who need smart tax strategies.Subscribe for more tax-saving insights every week!

This week on Hidden Money, we unpack the massive “One Big, Beautiful Bill,” signed into law by President Trump on July 4th, 2025. From permanent 100% bonus depreciation to increased deductions for tip income and overtime pay, this sweeping legislation reshapes the tax landscape for business owners, investors, and families alike.🎙️ In this episode, you’ll learn:Which deductions are now permanent—and how to leverage themHow the new SALT cap and expanded child tax credit impact youWhat the renewed Opportunity Zones mean for your investmentsDetails on “Trump Accounts” to help your kids save for education and retirementStrategies to reduce your tax bill and build wealth under the new lawThis is a must-listen for anyone who wants to stay ahead of the biggest tax changes in decades.👉 Explore more resources or connect with a tax strategist:hiddenmoney.comrevotaxpayer.comFollow Hidden Money for weekly episodes that help you keep more of what you earn.

Giving back has never been smarter. In this episode of The Hidden Money Podcast, discover how strategic charitable giving can unlock major tax breaks while fueling the causes you believe in. From advanced strategies like bunching and donor-advised funds to practical tips for avoiding IRS scrutiny, Mike and Kevin walk you step by step through everything you need to know to make every dollar count. In this episode, Mike and Kevin break down essential charitable tax strategies, including:• Cash donation rules and documentation • Property and stock donation deductions • Bunching contributions to maximize deductions • Donor-advised funds for high-income years • Charitable trusts that give you more control⏱️ Timestamps: 0:00 – Introduction: Giving and Tax Savings 1:00 – What Counts as Charitable Giving? 4:00 – Cash Donation Requirements 8:00 – Donating Property & Valuation Rules 14:00 – Donating Appreciated Stocks 19:00 – RMDs and Qualified Charitable Distributions 22:00 – Donor-Advised Funds Explained 24:30 – Charitable Trusts Overview 26:00 – Final ThoughtsWhether you’re a high earner or just getting started, these insights can help you keep more of what you’ve worked for and make a bigger impact.Subscribe for weekly episodes on tax planning and financial freedom. And check out Revo Taxpayer Advocacy for tax strategy services.

In this episode of Hidden Money Unleashed, Mike and Kevin break down high-impact tax strategies for high-income earners. Learn how to:Identify your tax challenges using the 3 income buckets: active, passive, and portfolioConvert passive investments (like oil & gas) into active tax deductionsLegally multiply your charitable deduction through strategic givingUse crypto and capital losses to offset gainsInvolve your spouse or kids in your tax planAnd most importantly: stop relying on tax preparers and start working with a strategistWhether you're self-employed, a W-2 high earner, or sitting on large investments, these strategies can help you save thousands—or hundreds of thousands—in taxes.🎯 Book a free consultation at https://www.revotaxpayer.com/ 📲 Subscribe for new episodes every week! #TaxPlanning #HighIncomeStrategies #CPA #CharitableTaxStrategy #CryptoTax #OilAndGasTax #HiddenMoneyUnleashed

Your life just changed—what does that mean for your taxes? In this episode of Hidden Money, Mike and Kevin dig into major life events and how they impact high-income earners at tax time. From the overlooked financial traps of divorce to surprising tax benefits of having a baby in December, this is your real-world guide to navigating tax strategy through life’s biggest moments.Here’s what they cover:The real tax cost of divorce (and how to avoid the double gut punch)Why married filing jointly isn't always the best defaultPlanning for child tax credits and 529 strategiesWithholding mistakes newlyweds make (and how to fix them)How high-income earners can keep more of their raiseTax strategy isn’t just for April 15th—it’s for every life event that hits your bank account. Get insights, laugh a little, and start building a smarter financial future.Follow the Hidden Money Podcast and explore more episodes on life, wealth, taxes, and the hidden rules that help the top 10% play the game differently.Find us online and follow for more practical tips and raw, real stories from behind the tax curtain.

Are you overpaying the IRS without even knowing it? This episode of The Hidden Money Podcast, Mike and Kevin uncover the biggest tax mistakes small business owners, freelancers and gig workers make and how you can fix them fast.We’re breaking down real-world self-employed tax planning strategies to help you unlock hidden tax savings and protect your income. Learn how an S-Corp can cut your self-employment tax, discover everyday business expenses you should be deducting, and get insider tips on how to avoid common freelancer tax traps.In this episode:Self-employment tax pitfalls — and how to avoid themS-Corp advantages and when they make senseThe most overlooked tax deductions (hint: it’s not just mileage)Smart strategies for quarterly estimated taxesHit follow and subscribe to The Hidden Money Podcast and visit RevoTaxpayer.com for more free tools and expert guidance on small business tax strategies, real estate tax planning, and wealth-building tax tips.Follow us for more insights: Instagram | @hiddenmoney.podcast Facebook | Hidden Money Podcast LinkedIn | Hidden Money Podcast

How can you retire rich—without relying on Social Security or Wall Street alone? In this episode of Hidden Money, CPAs Mike Pine and Kevin Schneider dig deep into retirement planning strategies for every age and stage of life.They cover everything from 401(k)s vs Roth IRAs, the power of compound interest, tax-free Roth conversions, real estate strategies, and even how to avoid penalties when tapping retirement early. Plus, they share how building the right team (CPA + financial advisor + attorney) can help you retire earlier and smarter.Learn how to let the IRS subsidize your retirement Discover powerful tax-advantaged investments Avoid common mistakes (and expensive penalties) Hear real stories from clients who reached financial freedomWhether you’re just starting your career or nearing retirement, this episode is packed with actionable insights and hidden financial wisdom.Subscribe for weekly tax-smart financial advice and personal stories from two CPAs who aren’t afraid to keep it real.Learn more about how to build your wealth at https://hiddenmoney.com/Follow us for more insights: Instagram | @hiddenmoney.podcast Facebook | Hidden Money Podcast LinkedIn | Hidden Money Podcast YouTube | Subscribe here

Got a tax refund or big savings from your CPA? Don’t let that money sit idle. High-income W-2 earners have a unique opportunity to turn tax season into a launching pad for long-term wealth—and CPAs Mike Pine and Kevin Schneider are here to show you how.In this episode of the Hidden Money Podcast, we break down how to:Use your refund to buy tax planning that lowers next year’s taxesLeverage strategies like STRs, oil & gas, or side hustles for real ROIAvoid overpaying the IRS through smarter W-4 withholdingsUnderstand the snowball effect of reinvesting tax savings annuallyBuild a professional team to accelerate financial freedomKey Timestamps:[00:00] Why refunds are missed wealth-building opportunities[01:58] Using your refund for tax-advantaged investments[11:00] Case Study: $4K refund turned into $90K deduction[16:01] Debt strategy, arbitrage, and boosting monthly cash flow[23:08] Compounding wealth year after year[26:38] What counts as a tax-advantaged investment[30:23] Team up: CPA + advisor + attorneyExplore More:Revo Taxpayer AdvocacyHidden Money Podcast HubSchedule Your Free Strategy Call Follow us for more insights: Instagram | @hiddenmoney.podcast Facebook | Hidden Money Podcast LinkedIn | Hidden Money Podcast YouTube | Subscribe Here

What’s really in the House Republicans’ sweeping new tax proposal? And how could it impact your financial strategy? In this episode, CPAs Mike Pine and Kevin Schneider unpack the 2025 new tax bill for you. From tax-free tips and revived bonus depreciation to expanded 529 uses, raised SALT caps, and proposed cuts to clean energy incentives, they break down what matters and what’s missing. Whether you're a W-2 earner, business owner, or investor, learn how this bill could shape your tax moves for the next decade, and what to start planning for now.Instagram: https://www.instagram.com/hiddenmoney.podcast/ Facebook: https://www.facebook.com/hiddenmoney.podcastYouTube: https://www.youtube.com/@HiddenMoneyPodcastLinkedIn: https://www.linkedin.com/company/hidden-money-podcast/ Twitter : https://twitter.com/hiddenmoney_comYou can also listen to our podcast on major podcast platforms links:Spotify - https://open.spotify.com/show/3rmae1bpxvirzfbM571fOK?si=d2129d6ac9ec4519Apple Podcast - https://podcasts.apple.com/us/podcast/hidden-money-podcast/id1683510065 iHeart Radio - https://www.iheart.com/podcast/269-hidden-money-podcast-113479063/ Amazon Music - https://music.amazon.com/podcasts/9deef87a-307d-4767-af47-9e01bf0211f9/hidden-money-podcst Pocket cast - https://pca.st/9r46t36Castbox - https://castbox.fm/channel/id5413766Website - https://www.hiddenmoney.com/

CPAs Mike Pine and Kevin Schneider unpack the real difference between a tax preparer and a tax strategist. On this Hidden Money episode, learn how even W2 earners can slash taxes. Find out how one client saved $300K, how to interview the right CPA, and why Tax Day can be a Win!Instagram: https://www.instagram.com/hiddenmoney.podcast/ Facebook: https://www.facebook.com/hiddenmoney.podcastYouTube: https://www.youtube.com/@HiddenMoneyPodcastLinkedIn: https://www.linkedin.com/company/hidden-money-podcast/ Twitter : https://twitter.com/hiddenmoney_comYou can also listen to our podcast on major podcast platforms links:Spotify - https://open.spotify.com/show/3rmae1bpxvirzfbM571fOK?si=d2129d6ac9ec4519Apple Podcast - https://podcasts.apple.com/us/podcast/hidden-money-podcast/id1683510065 iHeart Radio - https://www.iheart.com/podcast/269-hidden-money-podcast-113479063/ Amazon Music - https://music.amazon.com/podcasts/9deef87a-307d-4767-af47-9e01bf0211f9/hidden-money-podcst Pocket cast - https://pca.st/9r46t36Castbox - https://castbox.fm/channel/id5413766Website - https://www.hiddenmoney.com/

Gold, silver, and financial uncertainty—should you invest? Precious metals expert and founder of American Gold Exchange, Dana Samuelson, joins Mike and Kevin to discuss market trends, tax implications, and smart investment strategies. Discover how gold protects wealth, why central banks are stockpiling, and whether to diversify your portfolio with precious metals investment. Don't miss these key insights on investing in tangible assets!Social Media LinksInstagram: https://www.instagram.com/hiddenmoney.podcast/ Facebook: https://www.facebook.com/hiddenmoney.podcastYouTube: https://www.youtube.com/@HiddenMoneyPodcastLinkedIn: https://www.linkedin.com/company/hidden-money-podcast/ Twitter : https://twitter.com/hiddenmoney_comYou can also listen to our podcast on major podcast platforms links:Spotify - https://open.spotify.com/show/3rmae1bpxvirzfbM571fOK?si=d2129d6ac9ec4519Apple Podcast - https://podcasts.apple.com/us/podcast/hidden-money-podcast/id1683510065 iHeart Radio - https://www.iheart.com/podcast/269-hidden-money-podcast-113479063/ Amazon Music - https://music.amazon.com/podcasts/9deef87a-307d-4767-af47-9e01bf0211f9/hidden-money-podcst Pocket cast - https://pca.st/9r46t36Castbox - https://castbox.fm/channel/id5413766Website - https://www.hiddenmoney.com/

The new US government’s sweeping legislative changes has brought a whirlwind start to 2025. Whether these changes will help the US economy, or hurt it, only time will tell. However, what is certain is the uncertainty everyone is feeling, especially business owners. With tax season on everyone and documentation already in process, should you wait to file in case tax laws change, or should you go ahead and file? Here are Mike Pine and Kevin Schneider, CPAs, taking the dilemma by the horns and sharing their insights and perspectives to give you a way forward. Disclaimer: The content of this podcast is not legal advice and is meant for educational purposes only.Social Media LinksInstagram: ⁠⁠⁠https://www.instagram.com/hiddenmoney.podcast/⁠⁠⁠Facebook: ⁠⁠⁠https://www.facebook.com/hiddenmoney.podcast⁠⁠⁠YouTube: ⁠⁠⁠https://www.youtube.com/@HiddenMoneyPodcast⁠⁠⁠LinkedIn: ⁠⁠⁠https://www.linkedin.com/company/hidden-money-podcast/⁠⁠⁠Twitter: ⁠⁠⁠https://twitter.com/hiddenmoney_com⁠⁠⁠You can also listen to our podcast on major podcast platforms linksSpotify: ⁠⁠⁠https://open.spotify.com/show/3rmae1bpxvirzfbM571fOK?si=d2129d6ac9ec4519⁠⁠⁠Apple Podcast: ⁠⁠⁠https://podcasts.apple.com/us/podcast/hidden-money-podcast/id1683510065⁠⁠⁠iHeart Radio: ⁠⁠⁠https://www.iheart.com/podcast/269-hidden-money-podcast-113479063/⁠⁠⁠Amazon Music: ⁠⁠⁠https://music.amazon.com/podcasts/9deef87a-307d-4767-af47-9e01bf0211f9/hidden-money-podcst⁠⁠⁠Pocket Casts: ⁠⁠⁠https://pca.st/9r46t36⁠⁠⁠Castbox: ⁠⁠⁠https://castbox.fm/channel/id5413766⁠⁠⁠Website: ⁠⁠⁠https://www.hiddenmoney.com⁠