Bad CPA Advice That’s Wrecking Your Year-End Tax Plan

Is bad CPA advice quietly wrecking your year-end tax plan? In this week’s Hidden Money episode, Mike and Kevin unpack the most common things people hear from their CPAs that sound “responsible” but actually cost them tens of thousands of dollars in unnecessary tax. If you have ever been told “there is nothing else you can do” or “just pay it and be grateful,” this conversation will reset how you think about year-end tax planning.

Mike and Kevin share real stories of high-income earners who were convinced they were “doing great on taxes” while paying 35 to 40 percent, all because their CPA was focused on filing returns instead of building a strategy. They explain why some licensed CPAs still operate from outdated rules, how misinformation spreads, and why the tax code is far more flexible than you have been led to believe.

What You Will Learn in This Episode
• Common CPA myths that wreck your year-end tax plan
• Why “there’s nothing you can do” is almost never true
• How the Tax Cuts and Jobs Act still creates missed opportunities for high earners
• When an IRS audit is not something to fear and can actually validate your strategy
• How W-2 earners can still create meaningful tax savings with the right planning
• Why the tax code is designed to reward strategic taxpayers, not punish them
• How to tell if your CPA is a tax preparer or a true tax strategist

If your CPA keeps telling you there is nothing left to plan, it is time for a second opinion. Want Mike and Kevin to review your facts and help rebuild your year-end tax plan? Visit revotaxpayer.com to schedule your consultation.