More Money in Your Pocket

Jeff Hockett

Real Estate Agents don’t understand the tax part of their business. They are losing the tax game with every transaction and it is costing them money. Join Jeff Hockett weekly to learn the tax rules, basic and advanced strategies, and the basics of running a business so you can keep more money in your pocket and pay as little in taxes as legally required. If you are new to real estate, have been there a long time, or are thinking of becoming a real estate agent, this podcast is for you.

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Electric Vehicle Rebates
Today
Electric Vehicle Rebates
Are you a business owner looking to save money on your taxes? In this podcast, I break down the confusing world of electric vehicle tax credits, revealing how you can take advantage of rebates while securing the best price for your new car. But here's the twist: just when you think you have it all figured out, a shocking revelation leaves you wondering if you've missed a crucial detail. Get ready to navigate the intricate web of electric vehicle rebates, because the stakes are higher than you think.In this episode, you will be able to:Maximize tax savings with electric vehicle tax credits.Determine your eligibility for clean vehicle tax credits.Unlock the benefits of previously owned clean vehicle credits.Explore the potential for qualified commercially clean vehicle credits.Learn effective strategies for negotiating vehicle purchase prices.“Don't talk about the rebate yet. Focus on getting the best price possible for your electric vehicle. Once you've reached an agreement, then tell the dealer you want them to apply the credit to the price so they can get the credit on their own.” – Jeff HockettConnect with Jeff:Website: https://www.hocketttax.com/ Email: jeff@hocketttax.com   Twitter: https://twitter.com/taxgamecoach Facebook:  https://www.facebook.com/hocketttaxandpayroll YouTube: https://www.youtube.com/channel/UCO30L8kMHVodK8eutw1alQg/videos?view=0 LinkedIn: www.linkedin.com/in/hocketttax Instagram:  https://www.instagram.com/hocketttax/
State of the IRS for 2024
Nov 27 2023
State of the IRS for 2024
Unlocking the Irony: Join me, your insightful host, as we expose the staggering challenges faced by the IRS, giving taxpayers and business owners the power to navigate the treacherous tax landscape, avoid scams, and ensure compliance with confidence.In this episode, you will be able to:Understand the challenges faced by the IRS and how they impact taxpayers and business owners.Gain insights into the negative perception of the IRS and how it can be addressed to improve taxpayer compliance.Discover the importance of increasing the number of IRS employees to enhance taxpayer service and reduce processing times.Explore the issue of pay discrepancy at the IRS and its potential impact on employee morale and performance.Learn about the hiring challenges faced by the IRS and the strategies being implemented to attract and retain top talent.“The IRS may have a bad rep, but let's not forget that they are like any other business—they need competent employees who are trained and knowledgeable. So instead of criticizing them, let's work on improving our own businesses, keeping proper books, and running our companies according to the rules.” – Jeff HockettConnect with Jeff:Website: https://www.hocketttax.com/ Email: jeff@hocketttax.com   Twitter: https://twitter.com/taxgamecoach Facebook:  https://www.facebook.com/hocketttaxandpayroll YouTube: https://www.youtube.com/channel/UCO30L8kMHVodK8eutw1alQg/videos?view=0 LinkedIn: www.linkedin.com/in/hocketttax Instagram:  https://www.instagram.com/hocketttax/
Should I be an S-Corp
Nov 20 2023
Should I be an S-Corp
Do you want to maximize your tax savings and enjoy greater financial flexibility? Are you looking for a solution that can help you achieve these results? Look no further, because I have the answer for you. By understanding the benefits of an S corporation, you can unlock increased tax savings and gain more financial flexibility, empowering you to thrive as a real estate agent or new business owner.In this episode, you will be able to:Maximize tax savings and financial flexibility with strategic tax rules and strategies for real estate agents.Choose the right business entity to optimize tax benefits and protect your assets.Minimize self-employment taxes and keep more of your hard-earned income as a sole proprietor.Experience the benefits of an S corporation and enjoy potential tax savings and liability protection.Discover the importance of tax planning and preparation to stay organized, minimize stress, and potentially save money.“Keep your finger on the net income at tax time. By making simple adjustments and staying proactive, you can legally minimize your taxes and maximize your financial success.” – Jeff HockettConnect with Jeff:Website: https://www.hocketttax.com/ Email: jeff@hocketttax.com   Twitter: https://twitter.com/taxgamecoach Facebook:  https://www.facebook.com/hocketttaxandpayroll YouTube: https://www.youtube.com/channel/UCO30L8kMHVodK8eutw1alQg/videos?view=0 LinkedIn: www.linkedin.com/in/hocketttax Instagram:  https://www.instagram.com/hocketttax/
What you need to start a business
Nov 13 2023
What you need to start a business
Do you want to achieve significant financial growth for your business? Are you eager to enhance your financial management skills and take your business to new heights? In this episode, I will reveal the solution that will enable you to attain substantial business growth through effective financial management. Get ready to unlock the potential of your business and witness remarkable results in terms of increased profitability and overall success.In this episode, you will be able to:Streamline your business finances and unlock growth opportunities with effective financial management techniques.Safeguard your business with the right insurance coverage to protect against unforeseen events and minimize financial risks.Take control of your business finances and simplify tracking with the power of accounting software.Maximize your tax advantages and save money by transitioning your business to an S Corporation.Understand the importance of legal separation to protect your personal assets and ensure the longevity of your business.“Take a few minutes to put your goals and dreams down in writing. Create a clear roadmap for your business and visualize the future you want to achieve. Use a dream board to remind yourself why you do it and stay motivated. ” – Jeff HockettConnect with Jeff:Website: https://www.hocketttax.com/ Email: jeff@hocketttax.com   Twitter: https://twitter.com/taxgamecoach Facebook:  https://www.facebook.com/hocketttaxandpayroll YouTube: https://www.youtube.com/channel/UCO30L8kMHVodK8eutw1alQg/videos?view=0 LinkedIn: www.linkedin.com/in/hocketttax Instagram:  https://www.instagram.com/hocketttax/
Extensions
Nov 6 2023
Extensions
Have you heard these tax myths? Myth #1: You can always get an extension to file your taxes. Myth #2: Late filing doesn't come with penalties if you're expecting a refund. Myth #3: Due dates can be ignored if you're experiencing financial hardship. But what if there was a strategy to debunk these myths and help you meet tax deadlines with ease? Stay tuned to discover the truth.In this episode, you will be able to:Learn the importance of meeting tax filing deadlines and how it can save you from unnecessary stress.Discover the consequences of missing tax deadlines and how it can lead to costly penalties.Find out about the different due dates and extensions available for taxes, allowing you to better plan and organize your finances.Clear up misconceptions about tax extensions and understand how they can provide you with additional time without facing penalties.Uncover the impact procrastination can have on your taxes and learn strategies to overcome it for smoother tax preparation.“If you spend a little more time now getting organized, it will give you more time in the future to do the things that you enjoy. Please stop losing time and money. Let us help you today.” – Jeff HockettConnect with Jeff:Website: https://www.hocketttax.com/ Email: jeff@hocketttax.com   Twitter: https://twitter.com/taxgamecoach Facebook:  https://www.facebook.com/hocketttaxandpayroll YouTube: https://www.youtube.com/channel/UCO30L8kMHVodK8eutw1alQg/videos?view=0 LinkedIn: www.linkedin.com/in/hocketttax Instagram:  https://www.instagram.com/hocketttax/
I owe the IRS money now what?
Aug 21 2023
I owe the IRS money now what?
Are you a small business owner burdened by tax issues? Join me as I delve into the complex world of IRS negotiations, revealing how to settle tax debts effectively. But be warned, the road ahead is treacherous, and not everyone will make it out unscathed. Will you be able to navigate the tax game and keep more money in your pocket, or will you become another victim of the IRS's relentless pursuit? Stay tuned to find out.In this episode, you will be able to:Discover the crucial role of tackling tax issues early and smart navigation through the IRS labyrinth.Uncover the benefits of using Offers and Compromises (OIC) as an efficacious tool to manage tax debts.Learn about the influential part compliance and professional aid play in finding success in the tax arena.Grasp an understanding of the application process and potential rewards of pursuing an OIC.Acknowledge the potential pitfalls of the OIC process and why it's pivotal to leverage expert guidance.“The IRS may be one of those people we owe money to, but they're not going to forget about it. So let's face those letters head-on and start working together to make them go away and get you the best possible win.” – Jeff HockettConnect with Jeff:Website: https://www.hocketttax.com/ Email: jeff@hocketttax.com   Twitter: https://twitter.com/taxgamecoach Facebook:  https://www.facebook.com/hocketttaxandpayroll YouTube: https://www.youtube.com/channel/UCO30L8kMHVodK8eutw1alQg/videos?view=0 LinkedIn: www.linkedin.com/in/hocketttax Instagram:  https://www.instagram.com/hocketttax/
Working against the IRS
Aug 7 2023
Working against the IRS
Are you tired of the constant stress and uncertainty that comes with dealing with the IRS? Have you ever heard these myths: You can hide from the IRS, You can outsmart the IRS, or You don't need professional help to handle IRS issues? Well, I'm here to debunk these myths and share the truth about how to effectively work against the IRS without the added anxiety. Keep listening to discover the proven strategies that will improve your outcomes and reduce your stress when dealing with the IRS.In this episode, you will be able to:Uncover the importance of enlisting professional tax guidance for better decision-making.Unleash the benefits of continuous learning and expertise in handling tax laws and cases.Discover why professionals in other sectors struggle with complex tax laws.Conquer fear and intimidation in IRS dealings with confidence and poise.Master the art of tireless negotiation for improved resolutions to IRS matters.“If you want someone to just do your taxes, you'll be able to find them anywhere. But if you want someone who will fight for you and put more money in your pocket, hire a professional.” – Jeff HockettConnect with Jeff:Website: https://www.hocketttax.com/ Email: jeff@hocketttax.com   Twitter: https://twitter.com/taxgamecoach Facebook:  https://www.facebook.com/hocketttaxandpayroll YouTube: https://www.youtube.com/channel/UCO30L8kMHVodK8eutw1alQg/videos?view=0 LinkedIn: www.linkedin.com/in/hocketttax Instagram:  https://www.instagram.com/hocketttax/
Mid-Year IRS Meeting and Update
Jul 24 2023
Mid-Year IRS Meeting and Update
In a plot twist that had our hearts racing and minds reeling, we stumbled upon the coveted playbook of the IRS. As real estate agents and tax professionals, this unexpected turn of events gives us a chance to stay ahead of the game, navigate the upcoming changes, and ensure impeccable compliance. Brace yourselves, for the secrets we've uncovered, will change the way we approach our business forever.In this episode, you will be able to:Dive into the ins and outs of the IRS’s latest $87 billion bailout and its potential impacts on your tax scenario.Step into a new era of tax filing with the enhanced IRS technology for 1099 forms.Expose yourself to the simplicity of direct filing of original and corrected 940 forms and how it can save you time and effort.Familiarize yourself with the up-and-coming online accounts for taxpayers and how they offer seamless control over your tax responsibilities.Gain vital insight into IRS's intensified attention towards payroll compliance and audits, preparing for any possible future scrutiny.“We all have past. We all make choices that maybe weren't the best ones, and none of us are completely innocent. But we get a fresh start every day to be a better person than we were yesterday.” – Jeff HockettConnect with Jeff:Website: https://www.hocketttax.com/ Email: jeff@hocketttax.com   Twitter: https://twitter.com/taxgamecoach Facebook:  https://www.facebook.com/hocketttaxandpayroll YouTube: https://www.youtube.com/channel/UCO30L8kMHVodK8eutw1alQg/videos?view=0 LinkedIn: www.linkedin.com/in/hocketttax Instagram:  https://www.instagram.com/hocketttax/
Karen Briscoe and 5 Minute Success
Jul 17 2023
Karen Briscoe and 5 Minute Success
In the world of real estate, Karen Briscoe was a determined professional seeking success. But little did she know that her journey would take an unexpected twist that would challenge her to her core. As she set out on a mission to sell a house a week, her fears and doubts threatened to slow her down. Yet, Karen pushed forward, seeking guidance and learning from the best in the business. What happened next was beyond anyone's expectations, a testament to the power of overcoming limiting beliefs. Brace yourself, for this is a story of triumph and transformation that will leave you yearning for more.In this episode, you will be able to:Discover the secret to choosing the perfect mentor or coach to accelerate your journey to success.Break free from limiting beliefs and fears that are restraining your progress.Recognize the power of cultivating a purposeful mindset, to influence your way to success.Understand the crucial role you play in steering your way to accomplishment.Identify unique opportunities and learn strategies to leverage your potential, tailor-made for success."To achieve success, change the way you look at things. Once you put on a different lens, you'll see the world differently and opportunities will abound.” – Karen BriscoeAbout Karen Briscoe: Welcome to the world of Karen Briscoe, a sought-after life and productivity coach, accomplished real estate agent, and savvy investor. Karen's brainchild is the much-loved Five Minute Success concept, which she brings to audiences through her four best-selling books and a hugely popular podcast. Yes, Karen is also an admired author whose works stand tall in the top 1% of Amazon's categories. With her podcast routinely soaring to #1 in Overcast's business category, she maintains quite a catalog of high-achieving guests. But what truly makes Karen extraordinary is her profound commitment to helping others overcome their constraints, increase their efficiency, and reach their fullest potential in a timeframe as brief as five minutes every day.Connect with Karen Briscoe:Website: 5MinuteSuccess.comTwitter: @5MinuteSuccessFacebook: 5MinuteSuccessEmail: Karen@5MinuteSuccess.comConnect with Jeff:Website: https://www.hocketttax.com/ Email: jeff@hocketttax.com   Twitter: https://twitter.com/taxgamecoach Facebook:  https://www.facebook.com/hocketttaxandpayroll YouTube: https://www.youtube.com/channel/UCO30L8kMHVodK8eutw1alQg/videos?view=0 LinkedIn: www.linkedin.com/in/hocketttax Instagram:  https://www.instagram.com/hocketttax/