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.

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

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.

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