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 NumbersAvoid Costly Tax Mistakes: How to Optimize Your Brokerage Account for Retirement Savings
Welcome back to the Know Your Numbers REI podcast! In this episode, host Chris McCormack dives into the second costly mistake people make regarding their…
Know Your NumbersHow to Avoid Common Tax Overpayments: Top 7 Tax Mistakes That Cost You Thousands
Welcome to the Know Your Numbers REI Podcast! In this episode, host Chris McCormack dives into the first part of a new series focused on the seven areas where…
Know Your NumbersTransforming Insurance from Expense to Asset: A Strategic Approach for Business Owners
Welcome to the Know Your Numbers REI Podcast! In this episode, host Chris McCormack, founder of Better Books, dives deep into the often-overlooked benefits of…
Know Your NumbersUnderstanding the Impact of Permanent Tax Brackets: How the New Tax Law Shapes Our Financial Future
In this episode of the Know Your Numbers, REI podcast, host Chris McCormack delves into the recent changes in tax laws and their implications on tax brackets…
Know Your NumbersHow to Avoid Capital Gains Tax on Small Business Sales: Insights on the Expanded QSBS Exemption
Welcome to the Know Your Numbers REI podcast! In this episode, host Chris McCormack, founder of Better Books and a certified tax planner, dives deep into the…
Know Your NumbersUnderstanding Full Expensing for Business Property and R&D Costs Under the New Tax Legislation
In this episode of the Know Your Numbers REI podcast, host Chris McCormack dives deep into the recent changes in U.S. tax law following the passage of a…
Know Your NumbersHow Trump Accounts Can Secure Your Child's Financial Future!
Welcome to the Know Your Numbers REI Podcast! In this episode, host Chris McCormack, a CPA and certified tax planner, dives deep into the newly signed tax law…
Know Your NumbersHow to Legally Beat the IRS: Proven Strategies for Real Estate Investors and Entrepreneurs
In this episode of the Know Your Numbers REI podcast, host Chris McCormack, CPA, MBA, dives into the strategies for legally beating the IRS and maximizing tax…
Know Your NumbersDon't Overpay on Taxes! Essential Tips for Real Estate Entrepreneurs!
In this episode of the Know Your Numbers REI podcast, host Chris McCormack discusses the critical importance of having a year-round tax plan for real estate…
Know Your NumbersExploring the Latest Tax Law: Impact on Clean Vehicle Credits and Renewable Energy Investments
Welcome to the Know Your Numbers REI Podcast! In this episode, your host Chris McCormack, founder of Better Books and a Certified Tax Planner, dives deep into…
Know Your NumbersNavigating the 2025 Tax Landscape: How Bonus Depreciation Can Benefit American Taxpayers
Welcome to the Know Your Numbers REI Podcast! In this episode, host Chris McCormack dives deep into the latest developments surrounding the proposed "one big…
Know Your NumbersHow the Proposed Tax Changes in the Big Beautiful Bill Affect Overtime Pay and Deductions
In this episode of the Know Your Numbers REI podcast, host Chris McCormack, a CPA and certified tax planner, dives into the latest tax news and insights that…
Know Your NumbersUnderstanding the Section 199A Deduction: How the QBI Tax Changes Impact Real Estate Investors
Welcome to the Know Your Numbers REI Podcast! In this episode, host Chris McCormack dives deep into the latest developments in tax law, specifically focusing…
Know Your NumbersNavigating Future Tax Changes: Essential Tax Planning Tips for Real Estate Investors Amidst Potential Expirations
Welcome to the Know Your Numbers REI Podcast! In this episode, host Chris McCormack, CPA, Certified Tax Planner, and founder of Better Books Accounting, dives…
Know Your NumbersUnlock Tax Benefits with Strategic Entity Structures: A Guide for Real Estate Business Owners
Welcome to the Know Your Numbers REI Podcast! In this episode, host Chris McCormack, a Certified Tax Planner and CPA, dives deep into the importance of…
Know Your NumbersTransforming Your Financial Mindset: Building Wealth God's Way for Entrepreneurs and Believers
In this episode of the Know Your Numbers REI podcast, host Chris McCormack welcomes special guest Rachel Wortman, author of "The Money Mandate" and three other…
Know Your NumbersFaith and Entrepreneurship: Martha Picciao’s Insights on Overcoming Challenges in Business Growth
Welcome to the Know Your Numbers REI Podcast! In this episode, host Chris McCormack sits down with entrepreneur Martha Picciao, who shares her inspiring…
Know Your NumbersUnlocking Tax Deductions: A Guide to Effective Tax Strategies for Business Owners
Welcome to the Know Your Numbers REI Podcast! In this episode, host Chris McCormack, CPA, MBA, and certified tax planner, dives deep into the world of tax…
Know Your NumbersThe Ultimate Tax Planning Guide for Real Estate Investors
Welcome to the Know Your Numbers REI Podcast! In this episode, host Chris McCormack, founder of Better Books and certified tax planner, dives deep into the…
Know Your NumbersStop Ignoring Your Tax Bill: The Hidden Penalties of Filing Extensions You Can't Afford to Overlook!
Welcome to the Know Your Numbers REI Podcast! In this episode, host Chris McCormack, CPA, MBA, and founder of Better Books, dives deep into the topic of tax…
Know Your NumbersMaximize Your Deductions: A Guide for Short-Term Rental Owners to Optimize Deductions
Welcome to the Know Your Numbers REI Podcast! In this episode, host Chris McCormack, CPA and Certified Tax Planner, dives deep into the booming short-term…
Know Your NumbersStop Overpaying: The Shocking Truth About Real Estate Agents and Their Tax Mistakes
Welcome to the Know Your Numbers REI Podcast! In this episode, your host Chris McCormack, a certified tax planner, dives in to five essential tax strategies…
Know Your NumbersHow the Wealthy Legally Pay Less in Taxes: Strategies You Can Use!
Welcome to another episode of the Know Your Numbers REI podcast! In this episode, your host Chris McCormack, CPA and Certified Tax Planner, dives deep into the…
Know Your NumbersTax Season Panic? Here’s Why You’re Paying Way Too Much and How to Fix It
Welcome to the Know Your Numbers REI Podcast! In this episode, host Chris McCormick dives deep into the critical topic of tax planning, especially relevant as…
Know Your NumbersMaximize Your Airbnb Profits: Strategies from a Top Consultant I Chris McCormack & John Bianchi
In this episode of the Know Your Numbers REI podcast, host Chris McCormack welcomes Airbnb data expert John Bianchi, the founder of STR Search. John shares his…
Know Your NumbersHow Rental Investments Can Minimize Your Tax Burden
Join Chris McCormack, CPA and Certified Tax Planner, on this episode of the Know Your Numbers REI podcast as he reveals how rental properties can serve as the…
Know Your NumbersUnlock Wealth Building Strategies: Combining Cost Segregation and 1031 Exchanges to Reduce Taxes
Welcome to the Know Your Numbers REI Podcast! In this episode, host Chris McCormack, CPA and founder of Better Books Accounting, dives deep into the powerful…
Know Your NumbersAre You Leaving Money on the Table? Discover How Cost Segregation Can Cut Your Tax Bill in Half!
Welcome to the Know Your Numbers REI Podcast! In this episode, host Chris McCormack, CPA and Certified Tax Planner, dives deep into the world of cost…
Know Your NumbersAre You Overpaying Taxes? Discover the Secrets to Efficient Tax Planning!
Welcome to the Know Your Numbers REI Podcast! In this episode, Chris McCormack, CPA and Certified Tax Planner, dives deep into the hidden mistakes that cost…
Know Your NumbersThe Power of Private Family Foundations: Tax Benefits, Legacy, and Philanthropy Explained I Chris McCormack & Daniel Kaminski
In this episode of the Know Your Numbers REI podcast, host Chris sits down with Daniel Kaminski, founder of Foundation Launch, to explore the world of private…
Know Your NumbersWhy Every Real Estate Investor Needs an LLC!
In this episode of the Know Your Numbers REI podcast, host Chris McCormack discusses the importance of having a qualified CPA and tax planning for real estate…
Know Your NumbersMaximize Your Tax Savings: How to Legally Hire Your Children for Business Deductions
Welcome to another episode of the Know Your Numbers REI podcast with your host, Chris McCormack! In this episode, we dive deep into a tax strategy that many…
Know Your NumbersWhy Bench Accounting's Shutdown Highlights the Importance of Relationships for Real Estate Investors
In this episode of the Know Your Numbers REI podcast, host Chris McCormack, CPA, discusses the frustrations many real estate investors face regarding their…
Know Your NumbersCorporate Transparency Act: How Recent Court Rulings Impact Your Business Compliance
Welcome to the Know Your Numbers REI Podcast! In this episode, host Chris McCormack dives into the complexities of the Corporate Transparency Act and its…
Know Your NumbersWhy Taxes Are Your Biggest Lifetime Expense (And How to Cut Them!)
Welcome back to the Know Your Numbers REI podcast! In this episode, host Chris McCormack, a CPA and certified tax planner, delves into why taxes are the…
Know Your NumbersHow Income, Savings, Investments, and Leverage Impact Your Taxes: The Four Primary Drivers of Your Tax Bill
Welcome to the Know Your Numbers REI Podcast! In this episode, Chris McCormack, CPA, and Certified Tax Planner at Better Books, dives deep into the four…
Know Your NumbersTop 5 Essential Qualities to Look for When Hiring a CPA: How to Choose the Right CPA
Welcome to the Know Your Numbers REI Podcast! In this episode, host Chris McCormack, CPA, MBA, and Certified Tax Planner at Better Books Accounting, shares…
Know Your NumbersHow Business Owners Build Wealth Faster: Secrets You Don’t Know!
In this episode of the Know Your Numbers REI Podcast! host Chris McCormack, a Certified Public Accountant and Certified Tax Planner, dives deep into the…
Know Your NumbersHow Trump's Proposed Zero Federal Income Tax Could Impact American Taxpayers and CPAs: A Deep Dive
In this episode, host Chris McCormack dives into a thought-provoking discussion about the potential implications of a zero federal income tax policy, a topic…
Know Your NumbersEssential Record-Keeping Tips for Real Estate Professionals to Satisfy IRS Requirements
In this episode of the Know Your Numbers REI podcast, host Chris McCormack delves into the crucial topic of real estate professional status. He highlights how…
Know Your NumbersProtect Your Finances: Understanding the IRS Dirty Dozen List and Common Tax Scams
In this episode of the Know Your Numbers REI podcast, host Chris McCormack, CPA and Certified Tax Planner at Better Books, delves into the IRS's "dirty dozen"…
Know Your NumbersTop 5 Year-End Tax Strategies for Business Owners and Real Estate Investors
In this episode of the Know Your Numbers REI podcast, host Chris McCormack, a CPA Certified Tax Planner and Founder of Better Books Accounting, shares five…
Know Your NumbersHow High-Income Earners Can Save $300,000 in Taxes
In this episode of the Know Your Numbers REI podcast, host Chris McCormack delves into a compelling case study of a high-income earner in the medical field—a…
Know Your NumbersHow to Set Up Your Bookkeeping Correctly: Avoid Costly Errors and Maximize Deductions
In this episode of the Know Your Numbers REI podcast, host Chris Cormack, a CPA and tax planner, discusses the critical topic of bookkeeping for real estate…
Know Your NumbersThe Impact of Dave Ramsey's Financial Strategies: How He Built a Multimillion Dollar Business
Dave Ramsey's approach to finances is deeply intertwined with his faith, which serves as the foundation for his financial philosophy and practices. He openly…
Know Your NumbersHow to Avoid Common Entrepreneurial Mistakes: Essential Tips for Entrepreneurs
Poor money management is one of the most prevalent pitfalls that entrepreneurs face, especially those who are just starting out or are in the growth phase of…
Know Your NumbersWill Kamala Harris's Tax Proposals Hurt the Economy? What You Need to Know Before Voting!
In this episode of the Know Your Numbers REI podcast, host Chris McCormack delves into the critical topic of tax policy as it relates to the upcoming…
Know Your NumbersUnlocking Real Estate Professional Status: The Short-Term Rental Loophole for W-2 Earners
In this episode of the Know Your Numbers REI podcast, host Chris McCormack dives into the compelling reasons why short-term rentals are particularly…
Know Your NumbersMaster Your Finances: The Profit First Method to Eliminate IRS Debt and Boost Business Success
In this episode, host Chris McCormack, founder of Better Books, CPA, and certified tax planner, dives deep into a critical topic that affects many individuals…
Know Your NumbersHow to Reduce Your Tax Bill by Optimizing Income Sources and Investment Strategies
In this episode of the Know Your Numbers REI podcast, host Chris McCormick, a CPA and Certified Tax Planner at Better Books, delves into the crucial topic of…
Know Your NumbersEssential Tax Tips for Real Estate Investors: Save Thousands on Short-Term Rentals
Welcome to the Know Your Numbers REI Podcast! In this episode, host Chris McCormick, CPA and Certified Tax Planner at Better Books Accounting, dives deep into…
Know Your NumbersThe Ultimate Guide to Opportunity Zone Investments I Chris McCormack & Barrett Linburg
Welcome to the Know Your Numbers REI podcast! In this episode, host Chris McCormack sits down with Barrett Linburg, co-founder of Savoy Equity Partners, to…
Know Your NumbersTax Strategies and Financial Planning: Benefits of Cash Value Life Insurance Explained!
Cash value life insurance can be a valuable tool for certain individuals, but it is essential to understand that it is not suitable for everyone. In this…
Know Your NumbersTop 5 Tax Write-Off Mistakes to Avoid: Maximize Your Tax Savings!
Meeting with a qualified tax professional is crucial to avoid common tax deduction mistakes. In this episode of the Know Your Numbers REI podcast, Chris…
Know Your NumbersSingle Member LLC vs. Partnership: Key Tax Considerations for Husband and Wife Business Owners
In this episode of the Know Your Numbers REI podcast, host Chris McCormack, a CPA and Certified Tax Planner, dives into the importance of entity structure for…
Know Your NumbersUnderstanding Tax Expenses: How to Reduce the Biggest Expense of Your Lifetime
Are you tired of feeling overwhelmed by taxes and unsure of how to navigate the complex tax system? Look no further than the latest episode of the Know Your…
Know Your NumbersHow to Qualify for Real Estate Professional Status and Reduce Your Taxes
Real estate professional status allows investors to offset passive losses with active income, but it requires meticulous record-keeping and a minimum of 750…
Know Your NumbersThe BRRRR Method Explained: Tax-Free Refinancing Strategies for Real Estate Investors
In this episode of the Know Your Numbers REI podcast, host Chris McCormack dives into the crucial topic of debt, specifically focusing on the tax implications…
Know Your NumbersTax Planning Strategies for Real Estate Investors: Prepare for 2026 Tax Rate Increases
In this episode of the Know Your Numbers REI podcast, host Chris McCormack discusses the frustration that many individuals feel around taxes in the U.S. He…
Know Your NumbersDiversify Your Portfolio: Exploring Alternative Tax Strategies in Oil and Gas Investment for Accredited Investors
Oil and gas investing presents a compelling opportunity for investors seeking to diversify their portfolios and potentially achieve high returns. As…