Mike and Kevin sit down with Jake Jordan for a practical conversation about AI: what it actually is, how to use the tools you already own, and how to chain them into systems that work for you. Along the way they uncover the tax angle, R&D credits that help pay for AI adoption, and the cautions every taxpayer needs around accuracy and data security.

Get in touch: https://www.revotaxpayer.com/?utm_source=revo-taxpayer&utm_medium=podcast&utm_campaign=ep-s4e20-tax-and-ai&utm_content=show-notes#contact-1
Take our 5 minute tax assessment: https://www.revotaxpayer.com/?utm_source=revo-taxpayer&utm_medium=podcast&utm_campaign=ep-s4e20-tax-and-ai&utm_content=show-notes#taxassistant

Connect With Jake
• Website: https://lamplightcircle.com
• Contact: jake@lamplightcircle.com

Connect With Us

• Website: https://www.revotaxpayer.com/?utm_source=revo-taxpayer&utm_medium=podcast&utm_campaign=ep-s4e20-tax-and-ai&utm_content=show-notes
• Facebook: https://www.facebook.com/revotaxpayer/
• Instagram: https://www.instagram.com/revotaxpayer/
• LinkedIn: https://www.linkedin.com/company/revo-taxpayer-advocacy
• YouTube: https://www.youtube.com/@HiddenMoneyPodcast

Chapters
[00:00] Welcome + deadline reminders
[01:00] The Irish farmer and the Industrial Revolution
[04:00] What AI actually is
[05:30] General intelligence, and the AI already inside your tools
[07:00] Kevin's experiment: AI watched five years of presentations to find the most-asked questions
[08:30] The "Kevin bot" idea: turning years of content into a client-facing assistant
[09:30] Why AI gets things wrong
[11:00] Google is AI-first now
[13:00] Your inbox is an underused tax tool
[14:30] From queries to systems
[19:30] The caution
[20:30] The hidden money
[23:30] Jake's advice: "vibe coding" and why there's no excuse not to try something
[24:30] AI and healthcare
[25:30] Clients running tax returns through AI
[27:30] Security
[30:30] Wrap-up + how to connect with Jake Jordan

On this episode Mike and Kevin take a time machine back to their own early investing years and lay out, in specific dollar terms, everything they'd do differently, from the house Mike was too scared to buy to the oil and gas deal that turned out to be a Ponzi scheme. Along the way they break down fixed vs. variable debt, tax-advantaged real estate, and why the tax code rewards people willing to take a calculated risk.

Get in touch: https://www.revotaxpayer.com/?utm_source=revo-taxpayer&utm_medium=podcast&utm_campaign=ep-s4e19-young-investor-self&utm_content=show-notes#contact
Take our 5 minute tax assessment: https://www.revotaxpayer.com/?utm_source=revo-taxpayer&utm_medium=podcast&utm_campaign=ep-s4e19-young-investor-self&utm_content=show-notes#resources

Connect With Us

• Website: https://www.revotaxpayer.com/
• Facebook: https://www.facebook.com/revotaxpayer/
• Instagram: https://www.instagram.com/revotaxpayer/
• LinkedIn: https://www.linkedin.com/company/revo-taxpayer-advocacy
• YouTube: https://www.youtube.com/@HiddenMoneyPodcast

Chapters
[00:00] Introduction
[00:02] Real estate regrets begin
[00:05] Don't try to time the market
[00:07] Kevin's first home and the first-time buyer credit
[00:09] Buying a commercial property against their own tax practice
[00:11] Debt is dessert
[00:12] The 10X leverage example
[00:13] Fixed vs. variable debt
[00:15] The oil and gas investment that became a Ponzi scheme
[00:17] Kevin's grandfather's investing rule
[00:19] Why CPAs are bad at following their own advice
[00:21] Tax-advantaged real estate vs. stock dividends
[00:23] Maxing your 401(k) match
[00:24] Don't be scared
[00:27] The oil and gas tax math
[00:28] Why the tax incentive exists
[00:31] Closing thoughts

In this episode Mike and Kevin walk through one of the most misunderstood lines in the tax code: business travel. Using real trips from their own year, a due diligence seminar in Cancún, a partner retreat in Colorado, and a scouting trip for a short-term rental in Maine, they break down exactly what makes travel ordinary and necessary, where the line is between managing a business and merely dreaming about one, and how much of your next trip the IRS actually ends up paying for.

Get in touch → https://www.revotaxpayer.com/consultation?utm_medium=podcast

Connect With Us

• Website: https://www.revotaxpayer.com/
• Facebook: https://www.facebook.com/revotaxpayer/
• Instagram: https://www.instagram.com/revotaxpayer/
• LinkedIn: https://www.linkedin.com/company/revo-taxpayer-advocacy
• YouTube: https://www.youtube.com/@HiddenMoneyPodcast

Chapters
[00:00] Introduction
[00:01] The Cancún trip
[00:04] The partner retreat
[00:07] Managing rental property
[00:08] Expanding a short-term rental business
[00:09] The line that matters
[00:10] Where the IRS looks hardest
[00:12] How much the IRS actually "pays" for your trip
[00:13] Vehicles count too
[00:14] Legal, legitimate, and a form of good stewardship