Pinned
May 22 •
AI Auditing: the most important coffee break I've ever done.
Today's coffee break livestream was a bit different than what I had planned. I had a whole different show prepared, and then last night, as I was lying in bed, this thought struck me. AI systems are going to be issuing audit notices in the very near future. And we have to build our own AI defense systems starting now. It's way too much for a skool post so go and check out the blog post on the TaxSherpa.com site. Forewarned is forearmed. https://taxsherpa.com/post/audit-by-ai-the-future
Pinned
Mar 19 •
Welcome to The Tax Strategy Network!
You’re in the right place if you want to legally reduce taxes, keep more of what you earn, and have ongoing support as you actually implement strategies in real life. How the community is structured We keep things simple with three levels so you always know what you have access to and where to go next. - Free Forever (everyone starts here) – This is the open community where you can join discussions, see updates, and get a feel for how we think about tax strategy for business owners. - Navigators (labeled “Premium” in Skool) – This is for people who want access to all of the tools, trainings, and resources I’ve created (and will create) to help you design and implement tax strategies on your own. - VIP Tax Plans (labeled “VIP” in Skool) – These are clients who have purchased a custom tax plan; they get everything in the lower levels plus classroom resources built specifically to help operate the strategies in their plan throughout the year. What Navigators get If you’re in the Navigators level, you unlock the full Classroom, all current and future trainings, and our weekly live call. - Weekly Navigators Call: Thursdays at 3 p.m. Eastern (already on the Skool calendar). - Deep-dive trainings on specific strategies, tools walkthroughs, and implementation guidance so you can confidently apply what you’re learning. What VIP Tax Plan clients get If you’re in the VIP level, you have a personalized tax plan that lays out the math, what to do, and how to do it. - The Classroom includes step-by-step resources tailored to operating the strategies in your plan—things like accountable reimbursement workflows and other “how do I actually do this?” guides. - As life and business happen during the year, you can refer back to these resources to make sure each strategy is set up and executed correctly. Your first action: Coffee Break with Neal No matter what level you’re in, the best way to plug in is to add our weekly Coffee Break with Neal to your calendar.
19h •
Backdoor Roth and Mega Backdoor Roth: New in Classroom
The backdoor Roth has come up in a lot of my planning conversations lately, so I built a course that answers it once, in one place. It is now live in the Classroom, and it is free for everyone in the group. If you earn too much to put money into a Roth IRA directly, there are two legal routes people use to get money into a Roth anyway: - The backdoor Roth IRA - The mega backdoor Roth, which works through a 401(k) instead of an IRA The course is seven short pages, text and checklists, no video to sit through: 1. Why the backdoor Roth matters, and who it is for 2. The backdoor Roth IRA, step by step, and Form 8606 3. The pro-rata rule, the trap that catches most people 4. The mega backdoor Roth 5. Business owners who control their own 401(k) plan, where the mega backdoor is often strongest, and what you have to set up 6. Is it worth it? How to weigh it, plus the access and five-year rules 7. An implementation checklist and your next step Two things I want you to know before you dive in: - Every figure in the course is a 2026 tax-year figure, and each one links to its IRS source, so you can check it yourself. - This is education, not advice. Whether any of this fits you depends on your plan documents, your other IRA balances, and your own facts. The last page shows you how to book a survey call so we can look at your situation together. Start here: https://www.skool.com/tax-strategy-network/classroom/0a25ad41 If something in the course is unclear, reply here and tell me which page. Your questions help me make it better.
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5d •
Know your Q4 number before January 15 (live today)
What do you owe on January 15? Most owners find out in April. It doesn't have to work that way. The fourth estimated payment isn't a guess if you annualize what you've earned so far. Live at 3pm Eastern today. What this episode covers: - The four 2026 estimated tax dates, and who generally needs to pay them - Safe harbor: how it shields you from the underpayment penalty, and why it doesn't shield you from the bill - A live demo in the Quarterlizer, using invented numbers only - How to turn year-to-date numbers into a number for the fourth installment Try it yourself: quarterlizer.taxsherpa.com. It's free, and you don't need an email to see your result. Come with questions. Describe your situation in general terms, and please don't post personal documents or ID numbers in the group. Watch on YouTube Grab your coffee. Edit: see full page in the classroom module: https://www.skool.com/tax-strategy-network/classroom/9d72b0b3
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Discover and implement proven tax strategies used by smart owners to legally reduce taxes and keep more of what you earn
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