Tax Masters

Kristy Pack

Tax Masters is a training podcast for Pack Tax Pros. Each episode makes complex tax concepts simple and practical, so you can earn client trust, solve problems, and make more money as a Pack Tax Pro. At Pack Tax, mastery isn’t just about knowing the rules—it’s about knowing how to explain them in a way that helps clients understand what it means for them. When you can do that, clients see you as the solution to their problems—and that’s where the money is. Listen to episodes more than once, let the language sink in, and make it part of your vocabulary. The more you master, the more valuable you’ll become.

  1. Episode 16: Trust Tax Return Basics

    09/12/2025

    Episode 16: Trust Tax Return Basics

    FAQ: What is a trust tax return, and who actually has to file Form 1041? Main Objective: Master the basics of trust and estate income tax returns — when a trust needs to file Form 1041, key deadlines, what income is taxable at the trust level vs. distributed to beneficiaries, and the must-have info your client needs to provide. Description: In Episode 16 of Tax Master’s Podcast, we break down Form 1041 fundamentals checklist of documents and data every trust client must bring you before you start the return. Quick rules, citations, and common traps included.

    32 min
  2. Episode 15: Nonprofit Tax Returns

    09/12/2025

    Episode 15: Nonprofit Tax Returns

    FAQ: Which tax return does a nonprofit need to file, and how is this different from other entities? Main Objective: Master when a nonprofit files Form 990-N, 990-EZ, or full 990 — plus the key info every nonprofit client must have ready before tax season. Description: In Episode 15 of Tax Master’s Podcast, we cover the three 990 flavors (990-N e-postcard, 990-EZ, and full 990), gross-receipts thresholds, who qualifies as a church (no filing!), public support test basics, and the exact schedule checklist every nonprofit client needs to bring you. Quick rules, citations, and red flags included.

    24 min
  3. Episode 14: 1040 Intermediate Topics Part 2

    12/11/2025

    Episode 14: 1040 Intermediate Topics Part 2

    FAQ: What are the top intermediate 1040 pitfalls on noncash donations, SALT cap, gambling income, and Alaska PFD? Main Objective: Master Schedule A rules to maximize deductions and avoid audits. Description: In Episode 14 of Tax Master's Podcast, we cover noncash contributions, $10K SALT cap, gambling income, and Alaska PFD. Quick examples, citations, and red flags included.

    32 min
  4. Episode 13: 1040 Intermediate Topics Part 1

    11/11/2025

    Episode 13: 1040 Intermediate Topics Part 1

    FAQ: What are the top intermediate 1040 pitfalls on sales spiffs, installment sales, backdoor Roths, and taxable HSA distributions? Main Objective: Master IRS rules to report these four issues accurately and avoid penalties. Description: In Episode 13 of Tax Master's Podcast, we cover sales spiffs, installment sales, backdoor Roths, and taxable HSA distributions. Quick examples, citations, and red flags included.

    22 min
  5. Episode 12: Rental Properties

    30/10/2025

    Episode 12: Rental Properties

    FAQ: Where and how do I report rental property income? What are the different types of rentals? What are the most common things I need to know? Main Objective: Equip you with the knowledge to accurately report rental income, understand the different types of rental activities, and master the essential rules to stay compliant and minimize tax surprises. Description: In this episode of Tax Masters, we dive into the essentials of rental properties, breaking down where and how to report income, the key differences between rental types, and the most common pitfalls and strategies to help you manage your rental activity with confidence.

    40 min
  6. Episode 11: S Corps & Wages

    23/10/2025

    Episode 11: S Corps & Wages

    FAQ: Do I need a W-2 with an S Corp? How much should the wage be? When do I NOT need a wage? Main Objective: Equip you with the knowledge to understand when, why, and how S Corps must report wages, ensuring compliance and optimizing tax strategies for business owners. Description: In this episode of Tax Masters, we dive into the essentials of S Corps and wages, breaking down key requirements, common pitfalls, and practical guidance to help you navigate reporting obligations confidently.

    31 min
  7. Episode 10: 1040 FAQs: Part 3

    14/10/2025

    Episode 10: 1040 FAQs: Part 3

    FAQ: What are the most common tax questions taxpayers ask about the 1040 form, and how can I answer them confidently? Main Objective: Prepare you to address the most frequent taxpayer questions about the 1040 form with clear, accurate answers to enhance client trust and compliance. Description: In Episode 9 of Tax Masters, we wrap up our three-part series tackling the most common 1040-related questions taxpayers ask.

    41 min
  8. Episode 9: 1040 FAQs: Part 2

    08/10/2025

    Episode 9: 1040 FAQs: Part 2

    FAQ: What are the most common tax questions taxpayers ask about the 1040 form, and how can I answer them confidently? Main Objective: Prepare you to address the most frequent taxpayer questions about the 1040 form with clear, accurate answers to enhance client trust and compliance. Description: In Episode 9 of Tax Masters, we wrap up our three-part series tackling the most common 1040-related questions taxpayers ask.

    44 min
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About

Tax Masters is a training podcast for Pack Tax Pros. Each episode makes complex tax concepts simple and practical, so you can earn client trust, solve problems, and make more money as a Pack Tax Pro. At Pack Tax, mastery isn’t just about knowing the rules—it’s about knowing how to explain them in a way that helps clients understand what it means for them. When you can do that, clients see you as the solution to their problems—and that’s where the money is. Listen to episodes more than once, let the language sink in, and make it part of your vocabulary. The more you master, the more valuable you’ll become.

Information

  • Creator
    Kristy Pack
  • Years Active
    2k
  • Episodes
    16
  • Rating
    Explicit
  • Copyright
    © 2026 Pack Tax Corporate Franchise LLC
  • Show Website
    Tax Masters