{"podcast":{"title":"Hidden Money Podcast","slug":"hidden-money-podcast-6320033","podcast_index_feed_id":6320033,"rss_url":"https://feeds.transistor.fm/hidden-money-podcast","website_url":"https://www.hiddenmoney.com","image_url":"https://img.transistorcdn.com/pfgqD0rdGVN59IUUoYT6knxyf8_lQ2e_BhJgHWFO_l0/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9mMTJi/MjljMDYzOGNkYzM4/ODQ1MzkwYmE0YmYw/NjllNS5wbmc.jpg","author":"Mike Pine and Kevin Schneider","episode_count":122,"summary":"In the Hidden Money podcast, you'll learn how you can legally use the tax code to your financial advantage. There’s wealth inside the tax code. Taxes aren’t the enemy. Most people hate taxes (and pay more than they should). But when you view taxes only as an evil expense, you miss out on legal ways to grow your wealth. Unlock the secrets to saving tax and building wealth with the Hidden Money Podcast! 🎧💰 Hosted by Mike Pine and Kevin Schneider.","last_synced_at":"2026-09-09T04:24:24.781283+00:00","page_url":"https://stenobird.com/podcast/hidden-money-podcast-6320033"},"episode":{"title":"Tax Planning in Business","slug":"tax-planning-in-business","published_at":"2026-08-25T13:18:10+00:00","page_url":"https://stenobird.com/podcast/hidden-money-podcast-6320033/tax-planning-in-business","show_page_url":"https://stenobird.com/podcast/hidden-money-podcast-6320033","url":"https://share.transistor.fm/s/b1fb18b3","audio_url":"https://media.transistor.fm/b1fb18b3/9fefe00b.mp3","summary":"On this week's episode: owners focus on their personal return and never ask what could be done inside the business itself. Four things we constantly see missed: 1. Your spouse already approves every big decision you make. They can be on the company 401(k) too — one business, two maxed-out retirements. 2. Twenty percent of your income, deductible, without spending a dollar. Most owners get a fraction of it and never find out why. 3. A swimming pool that was 100% deductible and the home office rule that made it hold up. 4. 76 cents a mile for driving you already do. Many people leave it on the table because they don't want an app on their phone. Get in touch: https://www.revotaxpayer.com/?utm_source=revo-taxpayer&amp;utm_medium=podcast&amp;utm_campaign=s4e25-tax-planning-in-business&amp;utm_content=show-notes#contact-1 Take our 5 minute tax assessment: https://www.revotaxpayer.com/?utm_source=revo-taxpayer&amp;utm_medium=podcast&amp;utm_campaign=s4e25-tax-planning-in-business&amp;utm_content=show-notes#taxassistant Chapters [00:00] Why business owners plan on the wrong return [04:20] Your spouse is an officer: doubling 401(k) contributions through the business [07:00] \"Have you strategized your QBI deduction with your CPA?\" [09:40] How QBI works: twenty percent, without spending a dollar [11:00] The wage limit, and why contractor pay doesn't count [12:00] The S corp advice that reversed in 2017 [15:50] The home office deduction without the red flag form [17:50] What a red flag actually is [21:50] The pool builder whose backyard was a showroom [26:00] Business mileage, the new rate, and Big Brother [30:40] Be proactive — tell us before, not after Connect with us: • Website: https://www.kontek.com/ • Email: info@kontek.com • LinkedIn: https://www.linkedin.com/company/konte…","meta_description":"On this week's episode: owners focus on their personal return and never ask what could be done inside the business itself. Four things we constantly see m…","key_points":[],"chapters":[],"topics":[],"duration_seconds":2027,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/hidden-money-podcast-6320033/episodes/tax-planning-in-business/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/hidden-money-podcast-6320033/tax-planning-in-business.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}