Money Guy Show Financial Advisors React to the BEST and WORST Tax Advice
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Apr 6, 2026 They react to viral tax tips and separate clever moves from dangerous myths. Practical withholding tricks and W-4 setup get step-by-step attention. Real estate and cost segregation strategies are debated alongside lobbying limits. They contrast employee versus business tax realities and cover retirement, HSA, and Roth planning. The risks of not filing and why big refunds are not free money are also discussed.
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Reverse Engineer Withholding From Your Tax Projection
- Do project your annual tax bill and reverse engineer withholding from that number.
- Brian and Bo explain preparing a fake tax return or dividing expected tax ($4,800) by months ($400/mo) to set monthly withholding precisely.
Fix Withholding By Reviewing Last Year Not Guesswork
- Do adjust withholding based on last year's refund or balance due instead of guessing with dependents.
- Bo recommends increasing withholding if you owed or decreasing it if you received a large refund, then revisit each tax season.
How Real Estate Can Defer Taxes Indefinitely
- Real estate strategies can defer or eliminate taxes but require constant leverage and specific maneuvers.
- The hosts outline becoming a real estate professional, using 1031 exchanges, borrowing against equity, and relying on step-up in basis at death.