Join hosts Chris Picciurro, CPA, and John Tripolsky as they unpack the sweeping changes introduced by the newly enacted One Big Beautiful Bill Act (OBBBA or OB3). This 1,100-page piece of legislation is one of the most impactful tax updates in recent years, and this episode breaks it down into digestible, actionable insights for individual taxpayers.

What You’ll Learn:

• How OB3 makes many TCJA provisions permanent

• What’s changing with the Child Tax Credit and how it affects your refund

• New deductions for overtime pay and tip income

• Why the SALT deduction cap increase is a big win for high-tax states

• What “Trump Accounts” are and how they could shape your child’s financial future

Key Insights:

Chris Picciurro highlights the lasting impact of OB3 on everyday tax planning. From expanded standard deductions to new tax benefits for families and workers, this episode is a must-listen for anyone navigating the new tax landscape in 2025 and beyond.

Practical Takeaways:

• Use the increased $2,200 Child Tax Credit to boost your refund potential

• Plan ahead if you’re in a high-tax state—the $40,000 SALT deduction cap can dramatically shift your strategy

• Deduct up to $25,000 in cash tips and leverage new vehicle loan interest rules

• Learn how “Trump Accounts” might offer automatic contributions for your child

Resources:

• Wealth Builders Mortgage Group: wealthbuildersmortgagegroup.com

• Explore more episodes at TeachingTaxFlow.com

• Join the Defeating Taxes Facebook Group: DefeatingTaxes.com

• Watch full episodes on our YouTube Channel

Episode Sponsor:

Wealth Builders Mortgage Group

Visit wealthbuildersmortgagegroup.com and mention Teaching Tax Flow for personalized mortgage guidance from trusted professionals.

• (00:02) - Exploring the One Big Beautiful Bill Act's Impact
• (06:16) - Tax Cuts and Benefits for Families Under OB3
• (13:34) - New Tax Deductions and Their Impact on Taxpayers
• (22:08) - Introducing Trump Accounts and Expanded 529 Plan Flexibility
• (23:41) - Tax Changes and Their Impact on Future Financial Planning

Join hosts Chris Picciurro, CPA, and John Tripolsky as they welcome transformational coach Curtis McCullom to explore the powerful connection between mindset and money. Discover how childhood programming shapes your financial decisions and learn to overcome the invisible barriers holding you back.

What You'll Learn:
• Why 95% of your behavior is driven by subconscious programming from ages 0-5
• How limiting beliefs about money sabotage your financial success
• The difference between conscious goals and subconscious resistance
• Why "success is hard" programming keeps you stuck
• How to identify and eliminate financial blind spots

Key Insights:
Curtis shares his breakthrough, discovering that a belief formed at age 2 ("success is hard and difficult") was sabotaging his million-dollar financial services career. Learn how beliefs like "money don't grow on trees" or "tax planning is only for rich people" create invisible barriers to wealth building.

Guest Spotlight:
Curtis McCullom brings 40+ years of financial services experience plus expertise in transformational coaching. He specializes in helping entrepreneurs and high achievers eliminate childhood programming that limits their success.

Practical Takeaways:
• Question limiting beliefs: "Is this true for everyone?"
• Guard your mindset daily - it's not a one-and-done fix
• Recognize that you have all the resources within you to succeed
• Address the baggage before implementing financial strategies

Resources:
Find a tax professional at www.2025.tax

Episode Sponsor:
Legacy Lock
Book a 30-minute complimentary discovery session at teachingtaxflow.com/legacy
(Mention Teaching Tax Flow for special pricing)

• (00:00) - Exploring Money Mindset with Curtis McCollum
• (04:54) - Transformative Journeys and Mindset Shifts for Personal Growth
• (08:02) - Subconscious Beliefs Impact Financial Responsibility and Mindset
• (13:37) - Mindset, Money, and Overcoming Fear of Financial Control
• (15:30) - Identifying and Overcoming Blind Spots in Personal Growth
• (16:38) - Uncovering Subconscious Beliefs That Sabotage Success
• (20:15) - Overcoming Financial Roadblocks Through Mindset and Awareness
• (26:45) - Clearing Mental Baggage for a Focused and Agile Mindset
• (31:25) - Unlocking Personal Growth Through Self-Awareness and Tax Education
• (36:21) - Investment Advice and Legal Disclaimers for Financial Services

Episode 142: Hidden Taxes Exposed - The Taxes You Don't See Coming

Join hosts Chris Picciurro, CPA and John Tripolsky as they shine a light on the "cockroach taxes" that hide in the dark - those sneaky hidden taxes that have nothing to do with your income level but can significantly impact your wallet.

What You'll Learn:
• The #1 hidden tax affecting everyone: Sales tax (45 states + DC)
• How travel industry taxes can add 40% to your booking costs
• Franchise and excise taxes for business owners
• Real estate transfer taxes that hit even loss transactions
• "Sin taxes" on alcohol and cigarettes with shocking state variations
• Hotel occupancy and rental car taxes that inflate travel costs

Key Takeaways:
Hidden taxes are non-income based taxes you pay without filing returns. From California's $800 LLC fee to New York's $4.35 per pack cigarette tax, these taxes can add thousands to your annual expenses. Learn which states have the highest burdens and how to plan around them.

Eye-Opening Examples:
• Florida's 0.7% real estate transfer tax on ALL property sales
• New York cigarette taxes costing smokers $1,500+ annually
• Hotel taxes adding 15% to your lodging costs
• Ticketmaster-style "convenience fees" of 25-35%

Resources:
Find a tax professional at www.2025.tax

Episode Sponsor:
Strategic Associates, LLC
Roger Roundy
www.linkedin.com/in/roger-roundy-86887b23

• (00:00) - Uncovering Hidden Taxes and Their Impact on Your Wallet
• (03:31) - Hidden Taxes: Sales, Travel, and Franchise Fees Explored
• (07:37) - Californians Moving and Making Friends in Franklin Tennessee
• (08:05) - Understanding Real Estate Transfer Taxes and Their Implications
• (12:31) - Exploring Sin Taxes and Their Impact on Consumption
• (19:05) - Exploring Local Tax Initiatives and Community Engagement