5 • 704 Ratings
🗓️ 4 November 2025
⏱️ 37 minutes
🧾️ Download transcript
In this solo episode, Trevor breaks down real-world tax strategies that most accountants won’t tell you about. From choosing the right business entity to leveraging legal tax loopholes, this episode is packed with information that can help you keep more of the money you earn. Trevor explains what questions to ask your CPA, how to structure your business the smart way, and what moves you can make before tax season to protect your profits.This isn’t financial advice—it’s insight from someone in the trenches who’s tired of watching business owners overpay Uncle Sam.
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| 0:00.0 | Being an entrepreneur sounds cool, but the reality of building a business is very, very difficult. |
| 0:07.0 | Every level that you hit, there's a lot of things that suck that you just won't want to do. |
| 0:11.6 | What you're capable of is on the other side I don't feel like it. |
| 0:15.5 | And if you're committed to what it is that you're trying to do, nothing is going to stop you from getting there. |
| 0:23.9 | Welcome back to another episode of real business owners with myself, Trevor Cowley. |
| 0:28.2 | Guys, I have to put a disclaimer on this episode, just legally to protect myself because I'm |
| 0:34.7 | going to be giving you guys a lot of information today. This is some stuff that I went over with my inner circle. I just felt as though that it's important to discuss with you guys as well. You know, I want to see you guys win. I want your money to stay where it belongs. And that's with you. You know, you worked hard for your money and you should keep as much money as you possibly can because the IRS is not going to reach out to you and say, hey, by the way, Bob, you miss this tax deduction. They don't really give a shit. Now, if you underpay, they'll sure as hell reach out to you and say, hey, you owe us X amount, right? And so they're great at informing you when you underpay, |
| 1:13.6 | but they're definitely not going to reach out to you because you're overpaying. And if you |
| 1:20.4 | overpay, part of it is your fault. You have to take some accountability here, right? It's your, |
| 1:26.2 | it's your money. Nobody's going to care about |
| 1:28.7 | your money like you should care about your money. And so I'm going to go over some strategies. I did |
| 1:33.8 | this with my inner circle a couple weeks ago. I just, I wasn't going to do this podcast because |
| 1:40.2 | I felt like it was important to keep it in the inner circle, but at the exact same time, I just hate seeing hardworking business owners lose out on opportunities to keep as much money |
| 1:50.0 | as they possibly can. So this episode, technically, it's not financial advice. The whole idea of this |
| 1:56.6 | episode is to give you the information that you need so where you can go to your accountant or |
| 2:01.7 | your CPA and have the ammunition to have some of those discussions and say, hey, why aren't we doing |
| 2:06.8 | this? What about this? Could we try this? How would this apply to my current situation? |
| 2:12.6 | And so most of the time, they're not going to be that proactive with you and say, hey, if you |
| 2:16.4 | would have done this or this or this, you could have saved a bunch of money. And you have to understand that most of the time, they're not going to be that proactive with you and say, hey, if you would have done this or this or this, you could have saved a bunch of money. And you have to understand that most of the time that when you're paying an accounting firm, you're paying them, if you're paying them for tax prep, that's what you're paying them for, to prepare your taxes, not to give you tax strategies. There's a whole different department for that where you actually pay for a tax plan. A good accounting firm |
| 2:35.3 | should be proactive with you and reach out to you. For instance, right now, we're in the fourth quarter. |
| 2:42.2 | So what we've done is we've built a list of clients, anybody that's paid 20 grand or more, |
| 2:47.6 | we sent an email out to them and saying, hey, we saw that you paid X in taxes. |
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