Financial Advisors React to the BEST and WORST Tax Advice

Death and taxes, everybody’s favorite subjects, right? We react to the internet’s best and worst tax advice, from W-4 withholding formulas to Monopoly kids crying about taxes and more.

Discover why becoming a real estate professional offers incredible tax advantages, how cost segregation really works, and the critical difference between tax avoidance (Okay!) and tax evasion (NO way!). Plus, we break down what happens when you don’t file taxes for 8 years and why the IRS will eventually come knocking.

Timestamps
0:00 Introduction: Internet Tax Advice
0:19 W-4 Withholding Strategy
2:46 Monopoly Kid Crying About Taxes
3:39 Never Pay Tax Again Strategy
5:44 Cost Segregation Paper Loss Strategy
7:36 Work Call-In Joke
7:43 Tax Refunds Aren’t Free Money
9:00 Business Owner vs. W-2 Employee
10:26 Sheltering 66% of Income
12:21 Not Filing Taxes for 8 Years

🔗 2026 Tax Guide → https://moneyguy.com/resource/2026-tax-guide/
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🎓 Brian Preston (CFP®, CPA) and Bo Hanson (CFA®, CFP®) share professional insights to help you own your financial future.

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