Tax Pros Unplugged

This week we welcome a guest, Noah Pusey, founder of Ripple Analytics. Noah brings data to discuss whether engaged employees are more profitable, and how different generations view the workplace. 

Learn more about Noah's company at ⁠Ripple Analytics Inc. – Start ripples of open and honest feedback.

This week we took the podcast on the road. Jared and Kelly were in the same room and bringing their thoughts about tax conferences, networking, and ... squirrels. 

If you're new, welcome, please leave us a comment and let us know where you're from.

Today we're talking about a topic that Jared has been dying to discuss... how to die and owe no taxes.  Lots of questions always come up with so called death taxes, but what's the real story?  

Do you want to be a BettySue? The industry is continuing to change, as it has for many years, and smart tax pros can see whats coming.  Where do you fit in? What can you do bring value? Where are you staying stuck?  

Today we welcome Matthew Kresslein, CPA of https://kressleincpa.com/ Matthew has been fangirling since the inception of the Tax Pros Unplugged podcast and we're breaking down some of his best and worst moments we've had so far in our journeys.  

The IRS just lost over 11,000 employees from its Taxpayer Services division — and a brand-new TIGTA report confirms the chaos is real. In this episode, Kelly and Jared break down what's actually happening inside the agency, where your clients are going to feel the squeeze, and their playbook for navigating a broken system.

Employees are one of the greatest part of entrepreneurship. They can also be one of the biggest challenges. How do you lead well? How do you deal with the difficult choices when you have empathy? Why can hiring mistakes be so expensive? 

Episode sponsored by: taxfounded.com The community for Tax Professionals who want to build better. Join us today!

Starting a small business often means tackling a bunch of taxes you never saw coming. Today we talk through a few of our least favorite taxes to manage, and why they're not to be brushed aside.

Today we're back to what we love to talk about most... taxes! The internet has lots of great ideas, but are they always what they seem? We talk through all the true, false or maybe's we hear online. At least Kelly sees them online, Jared might be surprised by what the internet says!

Today, after many months of trying to have Jared keep a secret, we're happy to announce the launch of taxfounded.com

We've built a community for tax firm owners who want to thrive not just survive. Based on our own frustrations where traditional models have fallen short, we're thrilled to bring our passions to you. 

To see if you're a great fit for what we're building, go to taxfounded.com and find out more information!

In this episode, Kelly Bender, Jared Foos, and guest Brad Messner, PhD, explore the rapidly evolving landscape of technology in the tax industry. They discuss AI, automation, data security, and how tax professionals can adapt to stay ahead in a fast-changing environment.

We see a lot of tax pros take positions on returns that they possibly don't understand, and definitely can't defend.  What moves should tax pros stop doing right now when it comes to serving our clients well? What are some red flags to watch for?  Also, spoiler alert, Jared went golfing!

Today we welcome Will Hamilton, founder of SmartPath, a pricing and engagement application to help accounting firms get more value out of their firms. We unpack marketing and sales strategies, as well as decipher what works and what doesn't. Will Jared finally succumb to building his personal brand? 

Please visit smartpath.co for more information on Will and his company.

Today we're coming to you live on April 15. What's happening in our offices today and how much tax money is heading to the government today? We don't have an agenda, but we're happy to be at the first finish line of the year!

What is the big deal about money anyway? Today we discuss our take on what money really is, and how we see success and wealth leaving clues around us.  Are you thinking scarce or abundant when it comes to money?

Jared has been on a podcast learning kick lately, so he's bringing all his insights in to the conversation this week.  What does it look like to grow as a human, a leader, or a professional?  Join us for the weekly banter as we try to improve ourselves along with you.

Today we welcome Melinda Garvin to discuss what selling a practice has looked like for her.  When was the right time? How did she feel about the whole process? Does she have any regrets?  Melinda brings some valuable insights into a difficult to discuss topic, plus we get to see where Jared gets his sense of humor.

Automated bookkeeping seems like a magic pill. But many times, there are hidden factors in those books that aren't telling the whole story. Today, we unpack some of the common mistakes we see business owners make when it comes to managing their own books and how it's probably costing them money.

What does it really look like to teach adult continuing education? This week we're joined by NATP's Content Program Manager, Misty Erickson, to talk to us about what good education looks like, and when to run for the door.  Speaking of great tax education, early bird pricing for Taxposium | NATP ends May 31.  Come join us!

Are you really supposed to say yes to every type of client that comes your way? Are some people completely oblivious to their own behaviors? Has the illness made Kelly more unfiltered than usual? We're not exactly sure what direction we went this week but it's still fun. 

Do S Corps save your life? Why do some people think they're the holy grail of tax  planning?  Today we unpack why they work and when they don't.   We think S Corps can be pretty cool, but personally, we'll leave the saving to Jesus.  

This week we're talking about what our career paths looked like to bring us to today. Maybe having a little insight in to who we were before today will help you see a little of yourself somewhere in our journeys. There's no linear path to success!

If you want to be considered as a guest on our podcast, please fill out this form. https://www.lifeuntaxed.com/podcast

Thanks for following along with us in our adventure!

Anyone who's been divorced knows it's usually a terrible experience. But what about the tax implications? Who takes the kids? Who keeps the house? Is there taxes involved in the splitting of assets? Today we unpack the realities, good bad or ugly, and hopefully give a little light at the end of the tunnel.  Jared always brings his best marriage advice as usual.

This week we're tackling a dangerous taboo topic that nobody wants to discuss, pricing!  We know it's hard, but what is the real cost of pricing too low and are you actually being well served by taking the bottom dollar "professional".  Plus we'll add a few nuggets about mental health and organic food just for fun.  

Not every tax savings strategy is a giant savings, but several nuggets add up to a sizable difference and can lead to more dollars in your pocket.  Today we unpack a few savings strategies we see that are commonly overlooked but can often end up with some great results if used properly.  Plus Jared has a few more movie references Kelly doesn't understand and a new tshirt?

It's a new year, and every business owner wants to turn over a new leaf at the beginning of the year.  This week we unpack why budgets can mean freedom, and why a lack of systems can usually lead to frustration.  Plus, Jared is donning a new dad tax shirt, and Kelly continues to shamelessly plug her new book, "Just Start Here", available wherever books are sold or at lifeuntaxed.com

It's tax season, which means we are going to hear all sorts of crazy stories.  From my dog ate the homework to how to keep that cash out of sight, it's the time of year where nothing surprises us.  How can you be a little more informed about what your tax pro is thinking when you tell us things we wish we didn't hear.  

The annual pilgrimage every taxpaying American must make is here. But this year might look different, given the sweeping new tax bill that passed last year. What should we expect?  How do you prepare? Jared and Kelly are here to give you the highlights, and how to plan to make this season one of calm and preparedness.  Fear not!

The end of the year is a great time to consider your blessings and make gifts to others. But when we give, is there an added bonus of a tax deduction lurking somewhere? We'll unpack what gifts are tax deductible and how to maximize your giving. 

Happy New Year and Thanks for Subscribing to our show!

Roth IRA's get a lot of buzz as the best way to save, but are there any other options? Why does everyone think Roth conversions are the most magical unicorn ever? What festive Tshirt will Jared bring us today? 

Please remember to subscribe and leave a review. Thanks for listening!

Want to know a little more about Jared and Kelly? We rapid fire through some quirky questions so you can know us a bit better. Stay tuned for our next episode!!

What's the behind the scenes look like when you're building? Is it really that hard? This week we take a peak behind the scenes to see what actually keeps us up at night... and it's not taxes. 

A lot of high income earners get stuck when they have rental properties with passive losses they can't take. How can they work around that? What hoops must we jump through? Is a rental property really a "passive" activity? Jared and Kelly unpack the realities of the rental game and talk about what they've seen work well and when the added stress just isn't worth it.

This week we welcome a special guest, Jon Paton, owner of Fit Fresh, Ohio's largest meal prep delivery service. In just 5 years, he's built a business that feeds people in more ways than one. We unpack his journey, his heart, and what he's learned along the way. 

Find Jon's company at: https://www.fitfreshfast.com/

A common question at year's end is about buying fixed assets to offset current income. Sometimes it works, and sometimes it doesn't. What questions should you actually be asking and does it actually matter which code section I use?  This week we break down some year end considerations before you go buying something you don't need or can't afford.

Why does everyone talk about an LLC like it's a magic pill? Does it really help me save money? What even is an LLC? This week we unpack all the details on what the LLC really does and how it relates to your taxes.

How can you shield yourself from IRS scrutiny?  Is the IRS really out to look at every receipt you have?  Is MileIQ and Tinder the same basic thing?  Join us this week as we interview a representation expert, Amy Brosnan, for a behind the scenes look at what audits really entail.  
Want more information about Amy? Find her at hello@afterthetaxreturn.com or on Facebook at After The Tax Return LLC.  

We're unable to record this week, but we know you missed us! So here's some insight in to us behind the scenes.

Part 3 in our discussions about what we wish our clients knew. We unpack opportunities for tax savings at work plus a few horror stories and tales of what not to do! 

What are the top tips we wish our business clients knew?  What are they too afraid of but shouldn't be?