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Accounting and Accountability

Feb 6, 2026

In this episode: 

  • Detailed insight into the new $6,000 Senior Deduction for taxpayers age 65+, including income phaseouts and confusion around Social Security taxability.

  • A look at the proposed depreciation of primary residences, a radical idea never seriously floated in prior administrations.

  • Update on student...


Dec 29, 2025

In this episode: 

  • What Trump Accounts are, who qualifies, and why parents of young kids should pay attention in 2026.

  • How the “no tax on tips/overtime” headlines are misleading and what employers need to prepare for now.

  • Why hobby losses are red flags for the IRS, especially for side gigs that never turn a...


Dec 12, 2025

In this episode, we explore some of the most important tax updates and strategies that business owners should have on their radar. Topics include:

  • A game-changing update that makes a popular capital gains deferral tool available for the long term

  • A new IRS process that could save compliant taxpayers time and...


Apr 18, 2025

In this episode:

  • Roth IRA Conversions Explained – What they are, how they work, who should consider them, and the tax strategy behind converting gradually.

  • Qualified Charitable Distributions (QCDs) – Using IRA withdrawals to make tax-free donations if you're over 70½.

  • Depreciation & “Placed in Service”...


Mar 24, 2025

In this episode:

  • Tax Changes Coming: New tax legislation is expected, though details remain unclear.

  • Income vs. Consumption Tax: Some Republicans propose replacing income tax with a national sales tax—unlikely to gain traction.

  • IRS Under Pressure: Talk of abolishing the IRS is unrealistic. Staffing cuts and...