Headlines sold you a fairy tale. The One Big Beautiful Bill is not simple, and “no tax on tips” is not what you think. Here is the real playbook for Q4 and 2025.

Host: @stoyhall
Guest: Morgan Anderson, EA

WHAT YOU’LL LEARN
• What OBBB actually changes for owners this year and next
• Why “no tax on tips” is limited and how reporting still matters
• Which credits are fading or shifting and how to plan around them
• Why DIY software will lag after code changes and who should avoid it
• The “laugh test” for deductions so you stop guessing
• How to choose a real tax pro and verify credentials fast
• The Q4 checklist that keeps you off the penalty list

WHO THIS IS FOR
• First-gen owners who want control, not surprises
• S corp and LLC operators with payroll, benefits, or tipped staff
• W-2 earners who keep getting hit with April tax bills
• Anyone tired of clickbait tax talk

DO THIS NEXT
• Reconcile books through last month and project to year-end
• Fix withholding or estimates before the deadlines hit
• Match incentives to your business, not the headline
• Document deductions that pass the laugh test, cut the rest
• Book one meeting with your tax pro and advisor this month

CHAPTERS
00:00 Why Q4 tax planning actually matters
02:00 Stop waiting until March and playing defense
03:00 Key dates you cannot miss this fall
04:00 Expiring credits and retro changes you need to manage
07:00 The “laugh test” for deductions that won’t get you burned
12:00 “No tax on tips” explained without the fairy tale
17:00 Entity realities for owners, vehicles, and what still works
22:00 DIY software traps after code changes
26:00 Withholding vs estimates and how to fix numbers now
31:00 How to choose and verify a real tax pro

LINKS

• NoBS Wealth channel: https://www.youtube.com/@nobswealth

• Black Mammoth site: https://www.blackmammoth.com

• Morgan Anderson, EA — LinkedIn: https://www.linkedin.com/in/morgan-anderson-ea/

• Golden Lion Tax Solutions — Instagram: https://www.instagram.com/goldenliontaxsolutions

REAL TALK
This is not politics. It is execution. The rules are the rules. If you want to keep cash and sleep in April, you act in Q4.

Drop your question in the comments, then send this to the owner who still plans taxes in March.