Two Accountants Talking Sh*t

Gary Milkwick, Michael Savage

Two Accountants Talking Sh*t is what happens when two seasoned accountants—Gary Milkwick and Mike Savage—finally say the quiet part out loud. After decades in the trenches helping entrepreneurs, cleaning up expensive mistakes, and hearing the same bad tax advice repeated year after year, Gary and Mike started this podcast for one simple reason: business owners deserve straight answers without the confusion, scare tactics, or accountant-speak. Each episode cuts through the noise and breaks down the real money conversations most professionals either overcomplicate… or completely avoid. From tax strategy and compliance to cash flow, deductions, audits, and scaling smart, Gary and Mike share the stories, lessons, and behind-the-scenes truths they’ve seen play out across thousands of businesses. Expect unfiltered conversations, real-world scenarios from real business owners, and practical insights you can actually use—because they’ve seen what works, what fails, and what costs business owners the most money when they get it wrong. Whether you’re starting your first business, growing your team, or trying to keep more of what you earn, this show helps you make smarter financial decisions, avoid costly surprises, and run your business with confidence… without needing a finance degree to understand it. If you’ve ever wished you could sit in on the conversations accountants have after clients leave the room—this is that conversation. Follow and listen to Two Accountants Talking Sh*t on Apple Podcasts, Spotify, or wherever you get your podcasts and leave a rating to support the show. Subscribe on YouTube to watch the full video podcast and join the conversation that helps business owners stop guessing and start growing smarter.

Episodes

  1. May 30

    Coachella Money Explained: Taxes for Influencers, Artists & High Earners

    In this episode of Two Accountants Talking Sht*, Gary and Mike break down complex tax topics in a way that’s clear, practical, and entertaining. From Coachella’s billion-dollar economic impact to hidden tax risks for influencers, athletes, entrepreneurs, and high earners, this conversation changes the way business owners and creators should think about money and taxes. The biggest takeaway? If you’re making money outside of a traditional paycheck — whether as a freelancer, creator, contractor, side hustler, or entrepreneur — the IRS considers you a business, and you need to operate like one. What You’ll Learn Why “Everyone Is a Business” If you earn income outside of a W-2 job, the IRS treats that income like business income — and your tax strategy should reflect it. The Real Economics of Coachella Coachella generates an estimated $200M in revenue, with media exposure valued at more than $1B, creating huge financial opportunities — and major tax implications. How Taxes Impact High Earners A massive payday can shrink quickly once federal and state taxes are applied, especially in high-tax states like California. What Is the “Jock Tax”? Athletes, entertainers, and performers can owe taxes in every state where they work — not just where they live. Influencer Tax Risks Many creators don’t realize they may need to file taxes in multiple states depending on where income is earned. Maximizing Deductions Tracking legitimate business expenses is one of the most important ways to reduce taxable income. SALT Deduction Changes The State and Local Tax (SALT) deduction cap increased from $10K to $40K, potentially changing tax planning strategies for many earners. Why Estimated Taxes Matter Quarterly tax payments are required for many self-employed earners, and missing them can trigger penalties and interest. Extensions Don’t Delay Payment Filing an extension gives you more time to file your return — not more time to pay taxes owed. Key Takeaway Whether you’re an artist, entrepreneur, influencer, freelancer, contractor, or side hustler, understanding how taxes work — and treating your income like a real business — can help you avoid expensive mistakes. Who This Episode Is For Small business owners Entrepreneurs Freelancers Influencers and creators Gig workers Side hustlers Independent contractors Anyone earning income outside a traditional 9-to-5 job About the Hosts Gary Milkwick Gary Milkwick is the Chief Financial Officer at 1-800Accountant and a CPA specializing in tax strategy and small business operations. He previously worked at PwC and holds an MBA from UCLA Anderson School of Management and a Master of Accountancy from Brigham Young University. Mike Savage Mike Savage is the Founder and CEO of 1-800Accountant, a tech-enabled accounting firm helping small businesses simplify bookkeeping, taxes, and financial management through virtual services and flat-rate pricing. He began his career at PwC and was recognized as a Glassdoor Top CEO in 2018. Disclaimer This podcast is for informational and entertainment purposes only and does not constitute tax, legal, or financial advice. For advice specific to your situation, consult a qualified tax professional or contact 1-800Accountant. Like the podcast? Share it with a friend and leave a positive review.

    19 min

  2. May 19

    Two Accountants Talking Sh*t Trailer

    Two Accountants Talking Sh*t

  • 2 Episodes

Ratings & Reviews

5
out of 5
10 Ratings

About

Two Accountants Talking Sh*t is what happens when two seasoned accountants—Gary Milkwick and Mike Savage—finally say the quiet part out loud. After decades in the trenches helping entrepreneurs, cleaning up expensive mistakes, and hearing the same bad tax advice repeated year after year, Gary and Mike started this podcast for one simple reason: business owners deserve straight answers without the confusion, scare tactics, or accountant-speak. Each episode cuts through the noise and breaks down the real money conversations most professionals either overcomplicate… or completely avoid. From tax strategy and compliance to cash flow, deductions, audits, and scaling smart, Gary and Mike share the stories, lessons, and behind-the-scenes truths they’ve seen play out across thousands of businesses. Expect unfiltered conversations, real-world scenarios from real business owners, and practical insights you can actually use—because they’ve seen what works, what fails, and what costs business owners the most money when they get it wrong. Whether you’re starting your first business, growing your team, or trying to keep more of what you earn, this show helps you make smarter financial decisions, avoid costly surprises, and run your business with confidence… without needing a finance degree to understand it. If you’ve ever wished you could sit in on the conversations accountants have after clients leave the room—this is that conversation. Follow and listen to Two Accountants Talking Sh*t on Apple Podcasts, Spotify, or wherever you get your podcasts and leave a rating to support the show. Subscribe on YouTube to watch the full video podcast and join the conversation that helps business owners stop guessing and start growing smarter.

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