Ronnie Goode, CPA

Ronnie Goode, CPA We help real estate investors and business owners use the tax code to build wealth.

05/28/2026

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Retirement is NOT an age.

It’s a number.

And the sooner people understand that…
the better off they’ll be financially.



Most people think retirement starts at:
👴 65
👵 67

Why?

Because they associate retirement with Social Security.

But let’s be honest:

🚨 Social Security alone is NOT enough for most people today.

Not with:
📈 Inflation
🏠 Housing costs
🛒 Food prices
💸 Everyday expenses

That check alone isn’t creating financial freedom.



So let’s kill the myth right now:

👉 You do NOT retire because you hit a certain age.

You retire when:
✔️ Your investments
✔️ Your assets
✔️ Your cash flow
✔️ Your income streams

…can support your lifestyle.

That’s retirement.



Which brings up the REAL question:

💡 “How much money do I actually need to retire?”

Most people never calculate that number.

And that’s the problem.

Because if you don’t know:
🎯 The target
…how can you build the plan?



Retirement isn’t about waiting.

It’s about BUILDING.

Building enough income, assets, and freedom so work becomes OPTIONAL.

That’s the real go

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05/27/2026

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A lot of people don’t realize they have a tax problem…

…until they start making REAL money.

And I’m not saying that to offend anybody.

It’s just the truth.

Because when your income starts growing:
📈 $250K
📈 $300K+
📈 High W-2 income
📈 Business profits

…you quickly realize:

🚨 The old tax plays stop working.



At first, most people only know taxes from one perspective:

👉 “How big is my refund?”

That’s level one.

Then income increases a little…

You start:
✔️ Contributing to retirement accounts
✔️ Writing off student loan interest
✔️ Using basic deductions

Cool.

But eventually…

You hit another level.

And suddenly:
❌ Refunds disappear
❌ Traditional deductions phase out
❌ Your tax bill gets VERY real

That’s when people realize:

👉 “Wait… I actually have a tax problem.”



And honestly?

The tax problem was ALWAYS there.

It was just easier to manage at lower income levels.

Once your income crosses certain thresholds…

You need:
🧠 Real strategy
📊 Real planning
🤝 Real advisory

Because a 401(k) contribution alone isn’t gonna solve a six-figure tax problem.



This is why high earners:
👨‍⚕️ Doctors
⚖️ Attorneys
🦷 Dentists
💼 Executives
🏢 Business owners
🏠 Real estate investors

…eventually start looking for tax advisors.

Because at higher income levels:

👉 Earning more money without strategy gets expensive FAST.

And that’s when tax planning becomes non-negotiable.

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05/22/2026

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Be careful with “general” tax advice on the internet.
Just because a strategy sounds good…
doesn’t mean it’s good for YOU.
That’s the part people miss.

Tax planning is NOT one-size-fits-all.
A strategy that saves one person:
💰 $100,000
…could be completely useless for someone else.
Or worse:
🚨 create problems for them.

People are always asking:
👉 “What’s your favorite tax strategy?”
👉 “Give me a tax play.”
Honestly?
My favorite strategy is the one that works best for the SPECIFIC client I’m working with.
Because real tax planning starts with:
✔️ Your income
✔️ Your business
✔️ Your goals
✔️ Your investments
✔️ Your lifestyle
✔️ Your future plans
THEN you build the strategy around that.

The internet has people jumping into:
🏠 Real estate moves
🛢️ Oil & gas deals
🏢 Business structures
📑 Random write-offs
…just because somebody marketed it well.
But good marketing ≠ good strategy.

This is why high earners eventually need their own tax advisor.
Not just someone to file returns…
👉 Someone who understands YOUR game specifically.

Because once you start making real money…
Keeping more of it becomes just as important as earning it.

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I’m thankful for the opportunity to speak for a second time at the “Men Crying In The Wilderness” event. It was a powerf...
05/21/2026

I’m thankful for the opportunity to speak for a second time at the “Men Crying In The Wilderness” event.

It was a powerful event amongst men that involved discussions around retirement, wealth building, financial independence and even overall life issues like mental and physical health.

A special thanks go to for his vision around establishing a much needed community amongst men. Proud of the things you’re doing and you always have my support!

Until next time. Get Money, Buy Assets!

05/20/2026

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One of the biggest misconceptions about taxes:

🚨 People think tax planning only happens at the END of the year.

I get why people say that…

By then, you have:
✔️ 9+ months of financial data
✔️ Better forecasting
✔️ A clearer picture of your tax liability

But let me be clear:

👉 REAL tax planning happens ALL YEAR LONG.

Especially if you’re implementing:
🏠 Real estate strategies
🏢 Business acquisitions
💰 Advanced deductions
🔁 1031 exchange
📈 Major investments

These strategies take:
⏳ Time
📋 Planning
📅 Deadlines
📑 Documentation

You can’t wait until November and expect magic.



Every year I get calls like:

📞 “Hey Ronnie, what can I do before year-end?”

And honestly?

By that point…

A LOT of opportunities are already gone.



If you have:
💵 Extraordinary income
💼 A growing business
📈 Large gains
🏠 Investment plans

…the BEST time to start tax planning is NOW.

Right after tax season.

Not later.



Because if you wait too long:

❌ Options shrink
❌ Strategies become harder to execute
❌ Stress increases
❌ Taxes stay high



The wealthy don’t wait until December to think about taxes.

👉 They plan EARLY.

Because tax planning isn’t seasonal…

It’s strategic.

—————-

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05/19/2026

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For some people…

📈 Stocks alone may NOT get you to financial independence.

And that’s okay.



A lot of retirement advice online sounds very simple:

👉 “Just invest in index funds for 30 years.”

But real life?

It’s not always that clean.

Because to fully maximize the market…

💡 You usually need to be in EARLY and OFTEN.

And a lot of people?
They started late.



So if you missed years of compounding…

You may need MORE than just a stock portfolio to retire comfortably.

That’s where combining income streams comes in.

You may need:
🏠 Cash flow from real estate
📈 Income from investments
🏦 Pension income
🧾 Social Security
💼 Business income

All working TOGETHER.



And honestly?

That’s how a lot of financially independent people actually do it.

Not through ONE giant pile of money…

👉 But through MULTIPLE streams supporting their lifestyle.



The important thing is this:

You NEED a target.

How much do you actually need monthly to live the life you want?

Because once you know the number…

You can reverse engineer the strategy.



Stop thinking wealth has to come from ONE place.

Sometimes financial freedom is built from multiple pieces working together.

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05/15/2026

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To all my “new money” people…

Listen carefully:

💰 New money comes with NEW problems.

And new problems require NEW professionals.



When you were making less money…

Maybe all you needed was:
✔️ A bookkeeper
✔️ A tax preparer
✔️ Someone to file the paperwork

But now?

If you’re making:
📈 $300K
📈 $500K
📈 $800K+
📈 Millions

…you’re in a completely different game now.

You don’t just need tax prep anymore.

👉 You need STRATEGY.



Because now the questions change:

🏠 Should I buy real estate?
🛢️ Should I invest in oil & gas?
🏢 Should I buy or partner in a business?
📉 How do I reduce taxes while building wealth?
🧠 How do I protect and grow what I’m making?

That requires advisors.

Not just transactional help.



This is the mistake a lot of new money people make:

They level up financially…

…but never level up their TEAM.

And that’s dangerous.

Because the people who sustain, maintain, and grow wealth?

👉 They don’t do it alone.

They have:
✔️ Tax advisors
✔️ Attorneys
✔️ Financial planners
✔️ Realtors
✔️ Specialists around them



Your income changed.

Your support system should too.

Because making money is one skill…

👉 Keeping and growing it is a completely different one.

Comment “Savings” and I’ll send you a copy of my Free Tax Saving Guide.

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05/14/2026

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The tax code isn’t as complicated as people make it seem.

Yes, it CAN get complex…

But for most people?

👉 You only need a FEW strategies that fit YOUR situation.

Then you repeat them consistently.

That’s it.



The real challenge isn’t always the tax code itself…

It’s:
❌ Not understanding how it works
❌ Not having guidance
❌ Not thinking strategically about wealth

Because once you truly understand the game…

You realize something important:

💡 Tax strategy = wealth strategy.

The wealthy understand this.

They know taxes are one of the BIGGEST threats to building wealth…

So they structure their lives, businesses, and investments strategically.



And no…

You don’t need to memorize the entire tax code.

You either:
📚 Educate yourself enough to understand the basics

OR

🤝 Hire professionals who specialize in tax planning and advisory



Because when you have the right strategy in place:

✔️ You stop reacting
✔️ You stop overpaying
✔️ You start moving intentionally
✔️ You start building wealth faster



And eventually…

You stop complaining about what wealthy people are doing…

👉 because you start implementing some of those same strategies yourself.

That’s when the mindset shift.

Comment “Savings” and I’ll send you a copy of my Free Tax Saving Guide.

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05/13/2026

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Business owners…

🚨 You can reduce your income tax down to ZERO…
…and STILL owe taxes.

Yep. That’s where a lot of people get confused.

Here’s why 👇

When you’re self-employed, you’re dealing with DIFFERENT types of taxes:

📌 Federal income tax
📌 State income tax
📌 Self-employment tax

And self-employment tax?

👉 That’s a whole different animal.

It’s the additional 15.3% for:
• Social Security
• Medicare

Because as a business owner, you’re responsible for BOTH:
✔️ The employee portion
✔️ The employer portion



So what happens?

You may:
✅ Use deductions
✅ Lower taxable income
✅ Reduce income tax to zero

…but STILL owe self-employment tax based on your business PROFITS.

That’s the part that surprises people every year.



This is why tax planning for business owners goes WAY beyond just chasing deductions.

You need strategies that address:
✔️ Income tax
AND
✔️ Self-employment tax

Because they are NOT the same thing.



If you’ve ever looked at page 2 of your tax return and wondered:

👉 “Why do I still owe taxes?”

There’s a good chance self-employment tax is the reason.



Business owners:

Learn the difference between the taxes you pay…

because understanding that alone can save you from a LOT of surprises.

Comment “Savings” and I’ll send you a copy of my Free Tax Saving Guide.

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05/12/2026

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Tax season is over…

But your tax strategy for NEXT year should already be starting.

Here’s the reality:

If you’re a business owner or high-income W-2 earner, chances are you just experienced one of two things:

💸 Business owner:
You got hit with a BIG tax bill because you didn’t pay enough during the year.

OR

💸 High-income W-2 professional:
You think your taxes were fine…
but you already gave the government $60K, $70K, $80K+ throughout the year.

Different experience…
same problem:

👉 Lack of tax planning.

And every year I see the same thing happen:

Tax return gets finalized →
Huge balance due →
Panic sets in →
“Can we do something to lower it?”

But here’s the hard truth:

⚠️ Once the year is over, most tax strategies are gone.

That window closes.



The GOOD news?

👉 You still have THIS year.

And this is exactly why tax planning should happen YEAR ROUND — not just during filing season.

Because if you don’t proactively plan:

📈 Income grows
📈 Taxes grow
📈 Stress grows

And the cycle repeats itself again next year.



Let me say this clearly:

🚨 DO NOT wait until next tax season to think about taxes.

Start NOW.

Talk to your tax advisor.
Build a strategy.
Track your numbers.
Adjust throughout the year.

Because if you don’t plan for taxes…

👉 Taxes will plan for you.

And trust me…
that plan is expensive.

Comment “Savings” and I’ll send you a copy of my Free Tax Saving Guide.

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05/11/2026

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One of the biggest mistakes business owners make:

💸 Spending money they DON’T need to spend…
just to get a tax deduction.

Let’s be clear:

👉 Spending $1 to save 30 cents is NOT a strategy.

That’s hustling backwards.

Every year I see it:

Business owner has a great year ✅
Big tax bill shows up ✅

Then panic kicks in…

🚗 Buying random vehicles
💻 Buying unnecessary equipment
🛍️ Spending just to “write it off”

Meanwhile…

Cash that could’ve stayed in the business is now gone.



Here’s the smarter move:

💡 Look for opportunities to create NON-cash deductions.

One of the best examples?

Depreciation.

And no — depreciation isn’t just for real estate.

Any qualifying asset with a useful life may create opportunities for accelerated depreciation.

Meaning:

✔️ Potential tax deduction
✔️ WITHOUT spending additional cash
✔️ While keeping more money in the bank

That’s real strategy.



The goal isn’t just lowering taxes.

👉 The goal is keeping MORE cash AND building wealth at the same time.

Stop panic spending.

Start thinking strategically.

Comment “Savings” and I’ll send you a copy of my Free Tax Saving Guide.

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1806 Summit Avenue Suite 300
Richmond, VA
23230

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