The Costly Tax Mistakes Your CPA is Probably Making

Tomorrow’s tax day!

For some of you listening, that might be anxiety inducing.

For most of our clients, it’s actually a good day, because they can be confident they have a proactive tax strategy and filing in place that’s helping them save significantly.

In this episode, Mike and Kevin break down real client stories where CPAs missed massive tax-saving opportunities, and what proactive tax strategy actually looks like in practice.

Some of the important takeaways you’ll hear:

➡️ Your CPA filing your return isn’t the same as your CPA saving you money… and the difference can be six figures

➡️ Owner-occupied real estate can offset operating income in ways most CPAs never tell you about

➡️ Zero officer comp in your S Corp isn’t just risky, it’s costing you your QBI deduction

➡️ You get what you pay for: don’t be surprised if a $400 tax return comes with a $40,000 mistake

Is your CPA calling you first with a clear tax strategy? Or just sending you a bill?

Chapters

[00:00] — The $1M Mistake

[00:35] — Welcome & It’s Tax Day Eve

[01:00] — File Your Extension (Before Midnight)

[01:36] — Why Tax Day Is a Win for Revo Clients

[03:22] — Overlooked Opportunities: How We Review New Clients

[04:15] — Case Study: The Memory Care Facility

[07:57] — The Bowling Alley Tax Call

[12:51] — Case Study: The Three-Business Owner

[15:48] — S Corp Compliance & The QBI Miss

[20:12] — What $400 Tax Prep Really Costs You