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!

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.com
revotaxpayer.com

Follow Hidden Money for weekly episodes that help you keep more of what you earn.

Giving back has never been smarter. In this episode of The Hidden Money Podcast, discover how strategic charitable giving can unlock major tax breaks while fueling the causes you believe in. From advanced strategies like bunching and donor-advised funds to practical tips for avoiding IRS scrutiny, Mike and Kevin walk you step by step through everything you need to know to make every dollar count. In this episode, Mike and Kevin break down essential charitable tax strategies, including:

• Cash donation rules and documentation

• Property and stock donation deductions

• Bunching contributions to maximize deductions

• Donor-advised funds for high-income years

• Charitable trusts that give you more control

⏱️ Timestamps:

0:00 – Introduction: Giving and Tax Savings

1:00 – What Counts as Charitable Giving?

4:00 – Cash Donation Requirements

8:00 – Donating Property & Valuation Rules

14:00 – Donating Appreciated Stocks

19:00 – RMDs and Qualified Charitable Distributions

22:00 – Donor-Advised Funds Explained

24:30 – Charitable Trusts Overview

26:00 – Final Thoughts

Whether you’re a high earner or just getting started, these insights can help you keep more of what you’ve worked for and make a bigger impact.

Subscribe for weekly episodes on tax planning and financial freedom. And check out Revo Taxpayer Advocacy for tax strategy services.

In this episode of Hidden Money Unleashed, Mike and Kevin break down high-impact tax strategies for high-income earners. Learn how to:

• Identify your tax challenges using the 3 income buckets: active, passive, and portfolio

• Convert passive investments (like oil & gas) into active tax deductions

• Legally multiply your charitable deduction through strategic giving

• Use crypto and capital losses to offset gains

• Involve your spouse or kids in your tax plan

• And most importantly: stop relying on tax preparers and start working with a strategist

Whether you're self-employed, a W-2 high earner, or sitting on large investments, these strategies can help you save thousands—or hundreds of thousands—in taxes.

🎯 Book a free consultation at https://www.revotaxpayer.com/

📲 Subscribe for new episodes every week!

#TaxPlanning #HighIncomeStrategies #CPA #CharitableTaxStrategy #CryptoTax #OilAndGasTax #HiddenMoneyUnleashed

What do baseball, Bible class, and bourbon have in common? For Kevin Schneider, they’re all part of the path that led him to become a tax strategy powerhouse. In this episode, Kevin shares his origin story—how he stumbled into accounting, why he left ministry, and how personal struggles and career missteps ultimately led to purpose and success.

Mike and Kevin get real about the ups and downs of entrepreneurship, their transition to proactive tax planning, and how they help clients save six figures in taxes. Raw, honest, and refreshingly funny—this is one you don’t want to miss.

🎙 Subscribe for more real stories and real tax strategy. #CPA #TaxPlanning #FinancialFreedom #Entrepreneurship #HiddenMoneyUnleashed

Your life just changed—what does that mean for your taxes? In this episode of Hidden Money, Mike and Kevin dig into major life events and how they impact high-income earners at tax time. From the overlooked financial traps of divorce to surprising tax benefits of having a baby in December, this is your real-world guide to navigating tax strategy through life’s biggest moments.

Here’s what they cover:

• The real tax cost of divorce (and how to avoid the double gut punch)

• Why married filing jointly isn't always the best default

• Planning for child tax credits and 529 strategies

• Withholding mistakes newlyweds make (and how to fix them)

• How high-income earners can keep more of their raise

Tax strategy isn’t just for April 15th—it’s for every life event that hits your bank account. Get insights, laugh a little, and start building a smarter financial future.

Follow the Hidden Money Podcast and explore more episodes on life, wealth, taxes, and the hidden rules that help the top 10% play the game differently.

Find us online and follow for more practical tips and raw, real stories from behind the tax curtain.

In this episode, Mike and Kevin dive into the untold realities of entrepreneurship—late nights, high stakes, and why business ownership isn’t as glamorous as it looks. Over a world-class bourbon, they break down the importance of balancing business, family, and the not-so-obvious challenges of leadership.

They also dig into politics, tax law changes, and the value of healthy debate in today’s world. Plus, stick around for some hilarious real-life stories—near-death hunting accidents, childhood knife mishaps, and more.

Whether you're a business owner, entrepreneur, or just someone who appreciates a raw, unfiltered conversation, this episode delivers insight with a side of humor.

🔔 Follow Hidden Money Unleashed for more real talk on business, taxes, and life.

🎙️ Want pure tax strategies? Check out our main episode of Hidden Money.

Are you overpaying the IRS without even knowing it? This episode of The Hidden Money Podcast, Mike and Kevin uncover the biggest tax mistakes small business owners, freelancers and gig workers make and how you can fix them fast.

We’re breaking down real-world self-employed tax planning strategies to help you unlock hidden tax savings and protect your income. Learn how an S-Corp can cut your self-employment tax, discover everyday business expenses you should be deducting, and get insider tips on how to avoid common freelancer tax traps.

In this episode:

• Self-employment tax pitfalls — and how to avoid them
• S-Corp advantages and when they make sense
• The most overlooked tax deductions (hint: it’s not just mileage)
• Smart strategies for quarterly estimated taxes

Hit follow and subscribe to The Hidden Money Podcast and visit RevoTaxpayer.com for more free tools and expert guidance on small business tax strategies, real estate tax planning, and wealth-building tax tips.

Follow us for more insights: Instagram | @hiddenmoney.podcast Facebook | Hidden Money Podcast LinkedIn | Hidden Money Podcast