The CPA Dude

10/14/2026

Posting your wedding on Instagram does not make it a write-off. But one part of it can be. 💍

The IRS question is simple: is it ordinary and necessary for your business?
A wedding is personal. Posting it doesn’t change that — not even if you’re a creator.
The dress, the venue, the cake: personal, every time.

The only thing that can count is a cost that exists purely for the business.
Example: a brand pays you for a video at your wedding, and you hire a crew specifically to
shoot that one video. Those crew costs are a business expense (Schedule C, line 11, contract labor).
The wedding around them still isn’t.

Send this to someone planning a wedding 💌

10/14/2026

An LLC does not protect you on its own.

Filing an LLC and thinking your personal assets are safe is a massive mistake. To create a real legal wall, you need an actual operating agreement and complete separation of your business and personal finances. If you mix your personal and business money or treat the company account like your wallet, a court will pierce the corporate veil.

That means if your business gets sued, your house, your savings, and your personal assets are all on the table. Stop relying on a piece of paper for protection; start acting like a real corporation.

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10/14/2026

You earned $20,000. The IRS only has paperwork for $14,000. 🧾 
Say you did $20,000 of freelance design for three clients. Two send 1099s totaling $14,000. The third never sends anything. You still owe tax on all $20,000, and if you report zero because “no forms,” the IRS computer sees $14,000 against nothing. The letter’s already printing.
 
The rule I give every client: your books should always be bigger than or equal to your 1099s. Never smaller.
 
Already filed and left something off? Amend it (Form 1040-X) before the letter shows up. It’s cheaper to raise your hand than to get tapped on the shoulder.
 
Comment “HUSTLE” and I’ll send you the full 12-minute breakdown of the 6 side hustle mistake

10/13/2026

Why your home office deduction will fail an IRS audit.

You can deduct a portion of your home for your business, but only if you pass the exclusive-use test. If that room is also a workout space or a guest bedroom, it is not a legal write-off.

When you get audited and fail this test, the IRS doesn't just reduce the deduction, they wipe it out completely. You will be forced to pay back the original taxes, plus brutal penalties and interest. If you want your deduction to survive an audit dollar for dollar, the space must be for business only.

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10/13/2026

The government will put $1,000 in an account for some babies. Here’s the Trump Account 
 
If your child is a U.S. citizen born 2025 through 2028 (with a Social Security number), the government seeds the account with $1,000. Families can add up to $5,000 a year, and an employer can chip in up to $2,500 of that (it counts toward the $5,000). It’s invested in U.S. 6stock index funds, grows tax-deferred, and the money is locked until 18. $5,000 a year from birth at a hypothetical 8% is about $190,000 by 18, not a guarantee.

Rules are new and details can change. Educational only, not tax advice.

10/12/2026

10/12/2026

The government gives you checks while you own it, and asks for them back when you sell. 🧾

In our example the federal bill is about $250,000 (plus roughly $100,000 in California). Unless you do a 1031 exchange: 45 days to identify, 180 days to close. It isn’t forgiven, just postponed.

Comment REALESTATE and I’ll send you the full video

10/12/2026

IRS is cracking down on creators

10/10/2026

Can posting your wedding on Instagram make it a tax write-off?

Let’s break down personal vs. business expenses—and what creators need to check before claiming a deduction.

Save this before your next “that’s a write-off” moment 😂

10/08/2026

Why rich investors never sell

The tax code rewards holding:

Deduct it: a $1M rental can write off ~$222K in year one (cost seg + bonus)
Borrow against it: a $400K refi is a loan, not income = $0 tax
Pass it on: 88K in taxes. Heirs inherit at today’s value, bill gone

This is how the rich get richer so parents, this is why you shouldn’t give away your houses to your kids