Shows / Know Your Numbers
Know Your Numbers
Welcome to the Know Your Numbers Podcast with Chris McCormack and Better Books Accounting — the podcast for real estate investors, business owners, and entrepreneurs who want to build wealth by truly understanding their numbers. Each episode breaks down tax strategies, accounting insights, cash flow, profitability, real estate investing, and financial planning in a practical, easy-to-understand way. Whether you're scaling your portfolio, growing a business, or trying to keep more of what you…
Episodes
- Know Your Numbers
5 Financial Decisions You Must Make Before Year-End
Before the year ends, are you making the right financial decisions to reduce taxes, protect your cash, and build long-term wealth? In this episode of the Know…
- Know Your Numbers
Good Debt vs. Bad Debt: Are You Building Wealth or Losing Money?
Is debt helping you build wealth—or putting your business and financial future at risk? In this episode of the Know Your Numbers podcast, Chris McCormack…
- Know Your Numbers
What Should You Do With Extra Business Cash? Follow This Order
What should you do when your business suddenly has extra cash? Save it, pay down debt, invest it, or reinvest it into your business? In this episode of the…
- Know Your Numbers
Financial Planning vs. Tax Planning: What Your Financial Advisor Isn't Telling You
Is your financial planner also handling your tax planning? Not necessarily. In this episode of the Know Your Numbers podcast, Chris McCormack breaks down the…
- Know Your Numbers
7 Financial Numbers Every Business Owner MUST Know
Do you really know the numbers that determine the financial health of your business? In this episode of the Know Your Numbers Podcast, Chris McCormack breaks…
- Know Your Numbers
S-Corp Owners: Do THIS Before December 31
If you own an S corporation, Q4 is the time to get your tax planning right. In this episode of the Know Your Numbers Podcast, Chris McCormack explains why…
- Know Your Numbers
Why Your Rental Property Might NOT Qualify for Tax Savings
Think it's too late to save on taxes this year? Think again. In this episode of the Know Your Numbers Podcast, Chris McCormack continues the September Q4 Tax…
- Know Your Numbers
Do This Before December 31 to Save Thousands in Taxes
Are you waiting until tax season to think about taxes? That could be costing you thousands. In this episode of the Know Your Numbers Podcast, Chris McCormack…
- Know Your Numbers
5 IRS Red Flags Every Business Owner & Real Estate Investor Should Know
Could your tax return trigger a closer look from the IRS? In this episode of the Know Your Numbers REI Podcast, Chris McCormack breaks down 5 IRS audit red…
- Know Your Numbers
Stop Waiting Until Tax Season: How Smart Business Owners Plan All Year
Are you waiting until tax season to start thinking about taxes? That could be costing your business money. In this episode of the Know Your Numbers Podcast…
- Know Your Numbers
Why Successful Entrepreneurs Need a Day Off Every Week
What if one day of rest each week could actually make you better at business? In this episode of the Know Your Numbers Podcast, Chris McCormack explores a…
- Know Your Numbers
You're Making Money… So Where Is It Going? | Profit First Explained With David Richter
What if your business is making more money, but you’re still not keeping any of it? In this episode of the Know Your Numbers Podcast, Chris McCormack sits down…
- Know Your Numbers
The Financial Systems Every Business Owner NEEDS (Before It's Too Late)
In this episode of the Know Your Numbers Podcast, Chris McCormack kicks off a brand-new series on business systems by breaking down the financial systems every…
- Know Your Numbers
How Business Owners Can LEGALLY Pay $0 in Taxes
Can you legally pay ZERO income tax? Most business owners assume the answer is no, but the U.S. tax code offers powerful strategies that can dramatically…
- Know Your Numbers
Why Your Business Always Feels Broke (And How to Fix It)
Is your business creating freedom or financial chaos? In this episode of the Know Your Numbers Podcast, Chris McCormack shares four proven financial systems…
- Know Your Numbers
Your Business Is Trapping You... Here's How to Escape
Are you building a business or has your business started controlling you? In this episode of the Know Your Numbers Podcast, Chris McCormack reveals the…
- Know Your Numbers
5 Compensation Mistakes That Kill Financial Freedom
Are you paying yourself the wrong way as a business owner? That one mistake could be costing you thousands in unnecessary taxes and even increase your IRS…
- Know Your Numbers
How One Business Helped Rescue 5,000 Victims of Human Trafficking (with Ryan Skoog)
Can generosity actually make your business more profitable? Ryan Skoog reveals how purpose-driven leadership has helped rescue thousands from human…
- Know Your Numbers
How to Predict Your Tax Bill Before It's Too Late (2026 Tax Guide)
In this episode of the Know Your Numbers Podcast, CPA and Certified Tax Planner Chris McCormack walks business owners, entrepreneurs, and investors through a…
- Know Your Numbers
Your Books Might Be Wrong (And Costing You $10,000 in Taxes)
Mid-year bookkeeping mistakes can quietly turn into expensive tax problems at year-end. In this episode of the Know Your Numbers podcast, we break down the…
- Know Your Numbers
5 Mid-Year Tax Mistakes Costing Business Owners Thousands
Are you making costly tax mistakes halfway through the year without even realizing it? In this episode of the Know Your Numbers Podcast, Chris McCormack breaks…
- Know Your Numbers
How Billionaires LEGALLY Pay Less Taxes
Why do billionaires like Elon Musk, Jeff Bezos, Warren Buffett, and Mark Zuckerberg often pay lower tax rates than many employees? In this episode of the Know…
- Know Your Numbers
California Wants to Tax BILLIONAIRES… Here’s What Happens Next
In this episode of the Know Your Numbers Podcast, Chris McCormack breaks down California’s proposed Billionaire Tax and explains why many believe it could…
- Know Your Numbers
Never Put Your House in Your Kid’s Name Until You Hear This
Most people think giving property to their kids early is a smart move… until they realize it could trigger a massive tax bill. In this episode of the Know Your…
- Know Your Numbers
5 Tax Changes That Could Transform the Economy
In this episode of Know Your Numbers REI Podcast, Chris McCormack shares 5 bold changes he would make to the tax code, from flat taxes and eliminating property…
- Know Your Numbers
Before You File Taxes… Watch This (IRS Dirty Dozen)
In this episode of Know Your Numbers REI Podcast, Chris McCormack breaks down the IRS’s “Dirty Dozen” the top tax scams, schemes, and red flags every taxpayer…
- Know Your Numbers
He Was About to Pay $300K in Taxes… Then This Happened
What if you could legally reduce a $300,000 tax bill down to just $60,000? In this episode of the Know Your Numbers REI Podcast, Chris McCormack walks through…
- Know Your Numbers
Paying Your Kids for Tax Savings? Don’t Make This Tax Mistake!
Are you thinking about paying your kids to save on taxes and build their future wealth? In this episode of the Know Your Numbers REI Podcast, CPA Chris…
- Know Your Numbers
It’s Not Too Late to Save Thousands in Taxes (Retroactive Cost Segregation Explained)
What if your business could create its own insurance company, protect assets, and potentially reduce taxes? In this episode of the Know Your Numbers REI…
- Know Your Numbers
This Is Where Your Taxes Are Really Going… (The Truth About Government Spending)
What if your tax dollars aren’t being used the way you think they are? In this powerful episode of the Know Your Numbers REI Podcast, Chris McCormack breaks…
- Know Your Numbers
The Dark Truth Behind Legal Sports Betting–Is It Damaging Our Culture?
What if increasing tax revenue is actually hurting society more than helping it? In this episode of the Know Your Numbers REI Podcast, Chris McCormack dives…
- Know Your Numbers
How Captive Insurance Can Protect Assets and Reduce Taxes
What if your business could create its own insurance company, protect assets, and potentially reduce taxes? In this episode of the Know Your Numbers Podcast…
Know Your NumbersBitcoin for Beginners (2026): Everything You Need to Know About Crypto (with Brian Nibley)
What makes Bitcoin different from other cryptocurrencies—and why do some people believe it could reshape the future of money? In this episode of the Know Your…
Know Your NumbersRevealing the Power of Cost Segregation: Why Most Investors Get Depreciation WRONG (with Tom Brodie)
In this episode of Know Your Numbers, REI Podcast, Chris McCormack sits down with cost segregation expert Tom Brodie of Cost Segregation Services, Inc. to…
Know Your NumbersThe Real History of U.S. Taxes They Didn’t Teach You (with Historian Bill Federer)
In this powerful episode of the Know Your Numbers, REI Podcast, Chris McCormack sits down with historian Bill Federer to unpack the dramatic shift in U.S…
- Know Your Numbers
2026 IRS Changes Are Here: Why It Could Change Your Audit Risk
In this episode of the Know Your Numbers REI Podcast, Chris McCormack, founder of Better Books, breaks down major changes happening inside the Internal Revenue…
- Know Your Numbers
Plan Smarter for 2026 Taxes: How to Win with Brackets, Deductions, and Smart Strategies
Join host Chris McCormack on the Know Your Numbers, REI podcast as he breaks down the updates to tax brackets and taxable income for 2026. This episode covers…
- Know Your Numbers
How the Trump Account Could Unlock Powerful New Tax Savings
In this episode of the Know Your Numbers REI Podcast, host Chris McCormack, founder of Better Books, dives into the nuances of converting a traditional IRA to…
- Know Your Numbers
Don’t Fall for This: The Dangerous Tax Advice Going Viral Online
In this episode of the Know Your Numbers, REI podcast, host Chris McCormack, a Certified Tax Planner, dives into the IRS's recent alert about fraudulent tax…
- Know Your Numbers
Chicago Bears Relocation: Could Taxes Force the Chicago Bears Out of Illinois?
In this episode of the Know Your Numbers, REI podcast, host Chris McCormack, a certified tax planner and founder of Better Books, explores the potential move…
- Know Your Numbers
The Charitable Tax Strategy High Earners Wish They Knew Sooner
In this episode of the Know Your Numbers REI podcast, hosted by Chris McCormack, CPA, explores powerful strategies to reduce tax burdens for high-income…
- Know Your Numbers
How Depreciation Lowers Your Taxes (Most High Earners Miss This)
In this episode of the Know Your Numbers, REI podcast, host Chris McCormack, CPA and Certified Tax Planner, discusses the powerful tax-saving potential of…
- Know Your Numbers
What Most Business Owners Don’t Know About Profit-Protecting Entity Structures
In this episode of the Know Your Numbers REI Podcast, host Chris McCormack breaks down why entity structuring is one of the most powerful tax-saving strategies…
- Know Your Numbers
How Cost Segregation Saved My Real Estate Client $300,000 in Taxes (The Power of Cost Segregation)
In this episode of the Know Your Numbers REI Podcast, host Chris McCormack discusses the power of proactive tax planning and the potential of cost segregation…
- Know Your Numbers
Backdoor Roth IRA Explained Simply for Beginners: A Smart Path to Tax-Free Growth!
In this episode of the Know Your Numbers, REI Podcast, hosted by Chris McCormack, we delve deep into tax planning for high-income earners who exceed the…
- Know Your Numbers
From Court to Courtroom: The Tax Implications of the NBA Betting Scandal and Its Tax Consequences!
In this episode of the Know Your Numbers, REI podcast, host Chris McCormack discusses the recent NBA betting scandal involving prominent figures like Terry…
Know Your Numbers“The Moment I Realized Financial Freedom Has Nothing To Do With Income" I Chris Miles’ Wake-Up Call
In this episode of the Know Your Numbers REI podcast, host Chris McCormack interviews financial expert Chris Miles, founder of Money Ripples, a company he…
- Know Your Numbers
Why Your Business Isn't Profitable: Top 5 Mistakes Killing Your Profit
Welcome back to the Know Your Numbers REI Podcast with your host, Chris McCormack! As we enter the holiday season, we're diving deep into a crucial topic that…
- Know Your Numbers
Year-End Tax Secrets That Could Save You Thousands!
In this episode of the Know Your Numbers, REI podcast, host Chris McCormack delves into top tax-saving strategies to implement before year-end for real estate…
- Know Your Numbers
Crypto Millionaires! Here’s How to Keep Your Profits Safe from Taxes
In this episode of the Know Your Numbers REI podcast, host Chris McCormack delves into the intricate world of cryptocurrency and its significant tax…
- Know Your Numbers
How the IRS Tracks Your Income and What You Can Do About It
In this episode of the Know Your Numbers REI Podcast, host Chris McCormack delves into the critical importance of bookkeeping for avoiding IRS audits. Chris…
- Know Your Numbers
Repairs or Capital Improvements? The IRS Doesn’t Want You to Know This!
In this episode of the Know Your Numbers, REI Podcast, host Chris McCormack breaks down one of the biggest questions in real estate investing; what really…
- Know Your Numbers
Stay Out of Trouble: IRS Red Flags You Need to Know!
Join Chris McCormack on the Know Your Numbers, REI podcast as he delves into critical IRS audit triggers and how to avoid them. Learn about the advanced…
Know Your NumbersFrom Flipping Homes to Multifamily Real Estate: Jennifer Barner's Inspiring Journey
In this episode of the Know Your Numbers REI podcast, host Chris McCormack is joined by Jennifer Barner, founder of Lighthouse Ventures, to discuss her journey…
Know Your NumbersFrom Faith to Finance: Jennifer Aube on Stewardship and Wealth
In this episode of the Know Your Numbers REI podcast, host Chris McCormack welcomes special guest Jennifer Aube, a Certified Financial Planner, Certified…
Know Your NumbersAvoiding Tax Traps: The Power of Creative Deductions
Welcome back to the Know Your Numbers, REI podcast with your host Chris McCormack, the founder of Better Books. In this episode, Chris discusses the importance…
Know Your NumbersUnlock Tax-Free Wealth: Using Life Insurance for Retirement Planning and Legacy Building
Welcome to the Know Your Numbers REI Podcast! In this episode, host Chris McCormack continues the series on the seven deadly tax traps that entrepreneurs often…
Know Your NumbersDIY Taxes vs. Tax Planning: How to Avoid Costly Mistakes and Save Thousands
In this episode of the Know Your Numbers REI podcast, host Chris McCormack dives deep into the often-overlooked topic of tax traps that many Americans…
Know Your NumbersUnderstanding Entity Structures: How to Avoid Tax Traps for Real Estate Investors and Business Owners
Welcome to the Know Your Numbers REI Podcast! In this episode, host Chris McCormack, a CPA and certified tax planner, dives deep into the critical topic of…
Know Your NumbersMaximize Your Real Estate Tax Benefits: Avoiding Costly Depreciation Mistakes
Welcome to the Know Your Numbers REI Podcast! In this episode, host Chris McCormack dives into the third of seven costly tax mistakes that many real estate…