The IRS’ goal is not to suck up your hard-earned money, but to encourage stewardship of it.

That’s why the tax code is designed to help businesses and build the economy. But not everyone understands this. Or knows how to responsibly use the tax code to build their financial future.

That doesn’t have to be you! In this episode of the Hidden Money Podcast, Mike Pine and Kevin Schneider share case examples and insights on how proactive tax planning with the right partners can hugely catalyze financial growth and a stress-free tax life.

Disclaimer: The content of this podcast is not legal advice and is meant for educational purposes only.

In this episode, we discuss

• The benefits of being a CPA, especially in consulting, due to the variety of client scenarios encountered.


• The suitability of different tax planning strategies depending on individual financial situations, and the importance of a customized approach, despite blanket tax advice.


• Case examples illustrating the consequences of not consulting a CPA before significant financial decisions, such as withdrawing large sums from retirement accounts or mishandling 1031 exchanges.


• The critical nature of a two-way partnership between clients and CPAs emphasizing the necessity of communication to avoid financial pitfalls and ensure proper tax planning, using the analogy of marriage.


• The approach Kevin and Mike take to help clients who come to them with tax issues after the fact, including their commitment to finding solutions.


• The potential savings from proactive consultation and the risks of not seeking advice before making tax-related decisions.


• The cost-effectiveness of initial tax planning consultations and the long-term benefits they provide.


• The assurance of quality and service from Pine Tax Services, including their commitment to addressing and rectifying any service errors.


• The invitation to potential clients to schedule a free initial consultation to explore how Pine Tax Services can assist with their tax planning needs.

To Learn More

You can reach out to Mike and Kevin for that free initial tax consult by visiting their website and scheduling your consultation from there - Consultation (pinecocpas.com)

You can explore the different services they provide on their website - Pine and Company CPAs - Investment Tax Strategy | Ongoing Tax Monitoring | Tax Filing (pinecocpas.com)

You can get some great information and education by visiting their blog - Blog - Pine & Co CPAs (pinecocpas.com)

To access bonus tax content, go to https://www.hiddenmoney.com/bonus

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