Hidden Money Podcast

Mike Pine and Kevin Schneider
  • 4,8 (16)
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In the Hidden Money podcast, you'll learn how you can legally use the tax code to your financial advantage. There’s wealth inside the tax code. Taxes aren’t the enemy. Most people hate taxes (and pay more than they should). But when you view taxes only as an evil expense, you miss out on legal ways to grow your wealth. Unlock the secrets to saving tax and building wealth with the Hidden Money Podcast! 🎧💰 Hosted by Mike Pine and Kevin Schneider.

  1. Strike Tax Gold: How Oil & Gas Can Slash Your W-2 Income

    HÁ 5 DIAS

    Strike Tax Gold: How Oil & Gas Can Slash Your W-2 Income

    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 income Why investing through a working interest (not royalty/mineral interest) is critical The role of general partner liability and how to mitigate it Common AMT pitfalls and how to avoid them How Revo’s diversified fund-of-funds structure reduces risk while preserving deductions The long-term benefit of depletion for tax-efficient income Whether 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

    31min
  2. Physician Series Part 3: Exit Planning & Tax-Saving Strategies When Selling Your Practice

    19 DE AGO.

    Physician Series Part 3: Exit Planning & Tax-Saving Strategies When Selling Your Practice

    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 wealth The role of LLCs, LPs, and trusts in creating legal separation How real estate investments can expose physicians to non-medical lawsuits Why doctors should never own assets in their own name How to title assets, shift ownership, and still retain control What your insurance agent might not tell you about coverage gaps The importance of a coordinated CPA + attorney strategy This 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

    27min
  3. Physician Series Part 2: Real Estate Tax Strategies to Offset Physician Income

    12 DE AGO.

    Physician Series Part 2: Real Estate Tax Strategies to Offset Physician Income

    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 wealth Long-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 requirements Passive Income: How to offset surgery center K-1s and other medical investments Self-Rental Strategies: Using your practice’s building to generate deductible passive income Cash Flow Considerations, Market Risks & Tax Code Compliance This 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

    29min
  4. Physician Series Part 1: Tax Strategies for Self-Employed Doctors & 1099 Physicians

    5 DE AGO.

    Physician Series Part 1: Tax Strategies for Self-Employed Doctors & 1099 Physicians

    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 taxes What physicians can legally deduct How bonus depreciation can accelerate your equipment ROI Creative household income shifting strategies Common pitfalls like co-mingling and bad bookkeeping Don’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

    24min
  5. Stop Tipping the Government: Tax Myths Keeping You Over-Taxed

    29 DE JUL.

    Stop Tipping the Government: Tax Myths Keeping You Over-Taxed

    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.

    29min
  6. IRS Red Flags Explained: When to Push and When to Protect

    22 DE JUL.

    IRS Red Flags Explained: When to Push and When to Protect

    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 flag How smart tax planning can raise flags and still be legal Which red flags are worth defending and which you should avoid Real-world examples of deductions, losses, and business claims Why documentation is everything when you're audited This episode is a must-listen for: Small business owners Self-employed professionals Freelancers and 1099 earners Anyone wanting to reduce audit risk without leaving money on the table Tune in, take notes, and start thinking about your taxes like a strategist. Want help with your taxes? Visit us at revotaxpayer.com

    28min
  7. Escaping the Tax Trap: S Corp Moves to Keep Your Money Yours

    15 DE JUL.

    Escaping the Tax Trap: S Corp Moves to Keep Your Money Yours

    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!

    34min
  8. Big Beautiful Bill Breakdown: Fact, Fiction, and Strategy

    8 DE JUL.

    Big Beautiful Bill Breakdown: Fact, Fiction, and Strategy

    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 them How the new SALT cap and expanded child tax credit impact you What the renewed Opportunity Zones mean for your investments Details on “Trump Accounts” to help your kids save for education and retirement Strategies to reduce your tax bill and build wealth under the new law This 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.com Follow Hidden Money for weekly episodes that help you keep more of what you earn.

    20min
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Sobre

In the Hidden Money podcast, you'll learn how you can legally use the tax code to your financial advantage. There’s wealth inside the tax code. Taxes aren’t the enemy. Most people hate taxes (and pay more than they should). But when you view taxes only as an evil expense, you miss out on legal ways to grow your wealth. Unlock the secrets to saving tax and building wealth with the Hidden Money Podcast! 🎧💰 Hosted by Mike Pine and Kevin Schneider.

Informações

  • Criado por
    Mike Pine and Kevin Schneider
  • Anos de atividade
    2023 - 2025
  • Episódios
    75
  • Classificação
    Livre
  • Copyright
    © Mike Pine and Kevin Schneider
  • Site do podcast
    Hidden Money Podcast

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