Taxes don't have to be the financial death sentence most people accept them to be. In this episode, we welcome back Neil McSpadden from Tax Sherpa for his second appearance on the show. Neil shares his journey from owing the IRS $1.3 million to becoming a tax strategist who's helped save hundreds of millions in taxes across 50,000+ returns.

The conversation covers everything from the latest Trump tax legislation to practical strategies for business owners, plus why being a W-2 employee puts you at the biggest tax disadvantage possible. We dive deep into the "Big Beautiful Bill," estate tax changes that could impact infinite banking practitioners, and the fundamental difference between how employees and business owners are taxed.

Whether you're a pure W-2 earner looking for ways to optimize your situation or a business owner wanting to maximize deductions, this episode reveals why having a tax strategy isn't optional—it's essential for keeping more of your hard-earned money out of government hands.

The Tax Order of Operations: The fundamental difference between W-2 employees and business owners isn't just about deductions—it's about when you pay taxes. Employees earn money, get taxed on nearly everything, then spend what's left. Business owners earn money, spend on allowable business expenses, then only pay taxes on what remains.

Trump's "Big Beautiful Bill": Neil breaks down the key provisions of the new tax package, including making the Tax Cuts and Jobs Act permanent, the "no tax on tips" policy, vehicle interest deductions for American-made cars, and changes to the SALT cap. Understanding these changes is crucial for planning your 2025 tax strategy.

Estate Tax Alert for IBC Practitioners: The estate tax exemption could drop from $13.5 million per person to roughly half that amount. For infinite banking practitioners with whole life policies and convertible term coverage, this could mean your policy values might subject your estate to a 40% tax.

Why Everyone Needs Business Income: Even if you're primarily a W-2 employee, having some form of business income opens up tax strategies unavailable to pure employees. This doesn't mean quitting your job—just finding ways to generate legitimate business income that shifts expenses from after-tax to before-tax.

➡️ Chapters

00:00 - Opening thoughts on taxation philosophy

01:00 - Neil's backstory: From $1.3M IRS debt to tax expert

04:00 - How Tax Sherpa was born during the pandemic

08:00 - Why the IRS doesn't actually know what you owe

09:00 - Trump's "Big Beautiful Bill" breakdown

12:00 - No tax on tips: The details matter

17:00 - Child tax credits and vehicle deductions

22:00 - SALT cap negotiations and high-tax states

28:00 - Estate tax sunset: A ticking time bomb

33:00 - Generation skipping transfer tax explained

37:00 - W-2 vs. business owner tax treatment

42:00 - The guiding principle of business deductions

47:00 - Case study: Converting 1099 income properly

52:00 - Tax Sherpa's client process overview

57:00 - Why Neil understands infinite banking

Want to learn smarter ways to reduce your tax burden and keep more of what you earn?

Follow Neal on LinkedIn: linkedin.com/in/neal-mcspadden or book a call at https://taxsherpa.com/book-an-appointment to see how you can optimize your tax strategy

!

Visit https://remnantfinance.com for more information

FOLLOW REMNANT FINANCE

Youtube: @RemnantFinance (https://www.youtube.com/@RemnantFinance)

Facebook: @remnantfinance (https://www.facebook.com/profile?id=61560694316588)

Twitter: @remnantfinance (https://x.com/remnantfinance)

TikTok: @RemnantFinance

Don't forget to hit LIKE and SUBSCRIBE

When military leaders weaponize health protocols against service members who refuse to comply with unlawful orders, what happens to the oath to defend the Constitution? In this powerful episode, we're joined by Navy Commander Rob Green, author of "Defending the Constitution Behind Enemy Lines," who shares his experience of being systematically targeted and attacekd for refusing emergency use COVID tests and vaccines.

Rob's story reveals the rampant violation of constitutional rights within the Department of Defense and how a leaked Navy standard operating procedure exposed the mass denial of religious accommodation requests. His courage in fighting these unlawful mandates helped secure federal injunctions that protected thousands of service members across all branches of the military.

We also explore how the COVID mandate fight opened our eyes to the need for true independence, not just from government overreach, but from the financial systems that make coercion possible. Rob shares his journey from Dave Ramsey disciple to Infinite Banking Concept practitioner, and why building generational wealth through whole life insurance policies creates the financial freedom necessary to stand on principle.

Follow Rob on X @robgreen1010 and buy his book here!

The Parking Lot Exile: Rob details the absurdity of being forced to conduct official Navy business from his car in the snow because he refused emergency use COVID tests.

The Leaked Navy SOP: The revelation of a standard operating procedure that directed the mass denial of religious accommodation requests without proper review.

Emergency Use Authorization Rights: An in-depth explanation of Title 21 US Code and how emergency use products cannot be mandated, even for military members.

The Path to Accountability: Discussion of grade determinations as a tool for holding military leaders accountable for their actions during COVID.

From Mandate Resistance to Financial Independence: How the COVID fight revealed the need for true independence from systems that enable government coercion.

Building Generational Resilience: How whole life insurance policies can provide the financial security that enables future generations to stand on principle rather than being coerced by economic pressure.

➡️ Chapters

00:00 - The Obligation to Resist Unlawful Orders

05:00 - Rob's Background and Introduction to the Mandate Fight08:00 - The Parking Lot Exile and Emergency Use Authorization

15:00 - The Navy's Standard Operating Procedure for Mass Denials

21:00 - Lack of Accountability and Grade Determinations

27:00 - Transitioning from COVID Fight to Financial Independence

35:00 - The Risk Aversion Mindset and Government Overreach

42:00 - From Dave Ramsey to Infinite Banking Concept

48:00 - Paul Atkins and His 54 Life Insurance Policies

54:00 - Generational Wealth and Standing on Principle

01:02:00 - Final Thoughts on Independence and Accountability

Follow Rob on X @robgreen1010 and buy his book here!

Visit https://remnantfinance.com for more information

FOLLOW REMNANT FINANCE

Youtube: @RemnantFinance (https://www.youtube.com/@RemnantFinance)

Facebook: @remnantfinance (https://www.facebook.com/profile?id=61560694316588)

Twitter: @remnantfinance (https://x.com/remnantfinance)

TikTok: @RemnantFinance

Don't forget to hit LIKE and SUBSCRIBE

Money amplifies who you are—so the real question isn't just what you'll leave your children, but who they'll become when they inherit it. In this deep conversation, Brian and Hans step away from pure financial strategy to explore something more fundamental: the difference between leaving your family money versus leaving them values, stories, and unbreakable family bonds.

Their discussion reveals a sobering truth: by the third generation, most family wealth is squandered and forgotten in American culture. But the real tragedy isn't lost money—it's lost connection. When children don't know who they are or what it means to be part of their family, society eagerly fills that void with its values.

The Rockefeller vs. Vanderbilt Legacy: While both families built enormous fortunes, only one survived generationally. The Rockefellers didn't just create financial structures—they built a family culture of interdependence and shared values that keeps wealth in the family across generations.

Roots and Wings Philosophy: Most families build either strong roots (creating dependence) or strong wings (encouraging complete independence). The goal is both—children who can stand on their own but choose to remain connected to their family unit because they understand their heritage and identity.

The Power of Family Stories: Children connect to heritage through stories, not just money. Whether it's journaling pivotal moments, creating family traditions, or establishing sayings that capture your values, these become the foundation of family identity that transcends any inheritance.

Fighting Cultural Vampires: If you don't give your children a strong identity rooted in family values, external forces will gladly provide one. From educational institutions to social movements, there are plenty of "vampires" ready to shape your children's worldview if you're not intentional about it first.

Creating Family Mantras: Simple phrases that capture family values become powerful tools for building identity. Whether it's "Moody's always do the right thing" or "rethink your thinking," these mantras help children understand what it means to be part of your family lineage.

➡️ Chapters:

00:00 - Opening thoughts on generational wealth

02:00 - The five F's: Faith, family, fitness, finance, friendship

03:00 - Why most fortunes disappear by the third generation

06:00 - What you leave IN your kids vs. TO your kids

07:00 - Rockefellers vs. Vanderbilts: A tale of two legacies

08:00 - How society fills the values vacuum

10:00 - Building interdependent families vs. independent individuals

11:00 - The roots and wings philosophy

13:00 - Creating a family compound mindset

15:00 - The power of family stories and traditions

19:00 - Building close grandparent relationships

21:00 - Preserving family history through recordings

23:00 - Changing paradigms: Rethinking college and career paths

26:00 - Journaling family stories for future generations

28:00 - Creating family mantras and values

30:00 - Protecting children from cultural vampires

33:00 - Traditional family roles in modern society

35:00 - Giving children a strong family identity

37:00 - How money amplifies existing character

39:00 - Setting your family's direction early

⁠Visit https://remnantfinance.com for more information

FOLLOW REMNANT FINANCE

Youtube: @RemnantFinance (https://www.youtube.com/@RemnantFinance)

Facebook: @remnantfinance (https://www.facebook.com/profile?id=61560694316588)

Twitter: @remnantfinance (https://x.com/remnantfinance)

TikTok: @RemnantFinance

Don't forget to hit LIKE and SUBSCRIBE