Hidden Money Podcast

Making Smart Moves in Today’s Market (ft. Kyle Gebhart & Tyler Wright, Bluegrass Legacy)

Rates. Inflation. Politics. Portfolios. In this episode, Kyle Gebhart and Tyler Wright from Bluegrass Legacy join Mike & Kevin to unpack what’s really driving today’s market, and the moves smart investors can make now.

In this episode:
• The Fed’s tough tradeoff: inflation vs. unemployment• How higher costs hit owners and employees...

 In this power-packed episode, Mike Pine and Kevin Schneider reveal one of the biggest hidden gems in the U.S. tax code: intangible drilling costs (IDCs). Whether you're a W-2 earner, self-employed, or a business owner looking for a major deduction, oil and gas investing—done the right way—could save you tens of thousands in taxes each year.

💼 What You’ll Learn:

• How intangible drilling costs (IDCs) can offset up to 90% of your t...

As a high-earning physician, your income and assets make you a prime target for lawsuits, audits, and financial predators. In this episode of the Hidden Money Podcast, CPAs Mike Pine and Kevin Schneider reveal the steps doctors must take to shield their personal and professional assets from liability.

This episode explores:

• Why insurance is not enough to protect your wealth

• The role of LLCs, LPs, and trusts in creating legal separ...

High-income physicians with multiple income streams can unlock massive tax savings—if they know how to leverage real estate correctly. In this episode of the Hidden Money Podcast, CPAs Mike Pine and Kevin Schneider explore the strategic use of both long-term and short-term real estate investments to reduce taxable income.

🎯 Key Topics Covered:

• Depreciation: Why it's the “magic deduction” for growing wealth

• Long-Term Rentals: How ...

If you're a self-employed doctor, 1099 physician, or owner of a medical practice, this episode is for you. CPAs Mike Pine and Kevin Schneider dive deep into the world of physician tax planning—where high income, high liability, and complex business structures collide.

Discover how to structure your practice using an LLC or PA to limit liability and unlock tax benefits. Learn how S corp elections can help eliminate thousands in self-...

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 all...

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 ...

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.

Disco...

This week on Hidden Money, we unpack the massive “One Big, Beautiful Bill,” signed into law by President Trump on July 4th, 2025. From permanent 100% bonus depreciation to increased deductions for tip income and overtime pay, this sweeping legislation reshapes the tax landscape for business owners, investors, and families alike.

🎙️ In this episode, you’ll learn:

• Which deductions are now permanent—and how to leverage them

• How the ...

Giving back has never been smarter. In this episode of The Hidden Money Podcast, discover how strategic charitable giving can unlock major tax breaks while fueling the causes you believe in. From advanced strategies like bunching and donor-advised funds to practical tips for avoiding IRS scrutiny, Mike and Kevin walk you step by step through everything you need to know to make every dollar count. In this episode, Mike and Kevin bre...

In this episode of Hidden Money Unleashed, Mike and Kevin break down high-impact tax strategies for high-income earners. Learn how to:

• Identify your tax challenges using the 3 income buckets: active, passive, and portfolio

• Convert passive investments (like oil & gas) into active tax deductions

• Legally multiply your charitable deduction through strategic giving

• Use crypto and capital losses to offset gains

• Involve your spouse or ...

What do baseball, Bible class, and bourbon have in common? For Kevin Schneider, they’re all part of the path that led him to become a tax strategy powerhouse. In this episode, Kevin shares his origin story—how he stumbled into accounting, why he left ministry, and how personal struggles and career missteps ultimately led to purpose and success.

Mike and Kevin get real about the ups and downs of entrepreneurship, their transition to ...

Your life just changed—what does that mean for your taxes? In this episode of Hidden Money, Mike and Kevin dig into major life events and how they impact high-income earners at tax time. From the overlooked financial traps of divorce to surprising tax benefits of having a baby in December, this is your real-world guide to navigating tax strategy through life’s biggest moments.

Here’s what they cover:

• The real tax cost of divorce ...

In this episode, Mike and Kevin dive into the untold realities of entrepreneurship—late nights, high stakes, and why business ownership isn’t as glamorous as it looks. Over a world-class bourbon, they break down the importance of balancing business, family, and the not-so-obvious challenges of leadership.

They also dig into politics, tax law changes, and the value of healthy debate in today’s world. Plus, stick around for some hilar...

Are you overpaying the IRS without even knowing it? This episode of The Hidden Money Podcast, Mike and Kevin uncover the biggest tax mistakes small business owners, freelancers and gig workers make and how you can fix them fast.

We’re breaking down real-world self-employed tax planning strategies to help you unlock hidden tax savings and protect your income. Learn how an S-Corp can cut your self-employment tax, discover everyday bus...

Welcome to the very first episode of Hidden Money Unleashed, the podcast where CPAs Kevin Schneider and Mike Pine throw out the rulebook (and crack open the bourbon) to talk candidly about tax planning, entrepreneurship, and what it really means to find “hidden money” in your financial life.

In this episode, you’ll hear:

• The unconventional path from fly fishing guide to CPA

• What it’s like to navigate the CPA world with ASD

• Why neur...

How can you retire rich—without relying on Social Security or Wall Street alone? In this episode of Hidden Money, CPAs Mike Pine and Kevin Schneider dig deep into retirement planning strategies for every age and stage of life.

They cover everything from 401(k)s vs Roth IRAs, the power of compound interest, tax-free Roth conversions, real estate strategies, and even how to avoid penalties when tapping retirement early. Plus, they sha...

Got a tax refund or big savings from your CPA? Don’t let that money sit idle. High-income W-2 earners have a unique opportunity to turn tax season into a launching pad for long-term wealth—and CPAs Mike Pine and Kevin Schneider are here to show you how.

In this episode of the Hidden Money Podcast, we break down how to:

• Use your refund to buy tax planning that lowers next year’s taxes

• Leverage strategies like STRs, oil & gas, o...

What’s really in the House Republicans’ sweeping new tax proposal? And how could it impact your financial strategy? In this episode, CPAs Mike Pine and Kevin Schneider unpack the 2025 new tax bill for you. From tax-free tips and revived bonus depreciation to expanded 529 uses, raised SALT caps, and proposed cuts to clean energy incentives, they break down what matters and what’s missing. Whether you're a W-2 earner, business ow...