Behind the Numbers

Behind the Numbers breaks down the tax basics every new earner should know: W-2s vs 1099s, how tax brackets and marginal rates work, why your paycheck is smaller (withholding and FICA), what the standard deduction does, and why a tax refund isn't “free money.”
The hosts keep it casual and funny while clearing up common myths so listeners can keep more of their paycheck and feel confident about simple tax decisions.

In this Part 2 episode of Behind the Numbers, Cody and Taylor deep dive into short-term rental tax strategies: cost segregation studies, how to document hours and bookings, audit red flags, and common mistakes to avoid.They explain material participation rules, the importance of contemporaneous logs and booking reports, occupancy tax and licensing issues, recapture on sale, and when a cost segregation study makes sense — including options for properties you already own.Practical takeaways: start your hours log now, get an exit plan before large deductions, and consult a professional before commissioning a cost segregation study.

Welcome to Behind the Numbers by TC Advisors. In this episode, Grant and Taylor debunk the idea that tax season ends April 15—walking through the summer realities of accounting: advisory work, bookkeeping catch-ups, IRS notice responses, continuing education, and internal projects.If you’re a small business owner, now is a great time to reach out to your accountant for planning, valuations, or advice before the fall deadline rush.

In this episode of Behind the Numbers, Cody and Taylor break down common cashflow mistakes—confusing profit and loss with cash flow, spending off of bank balances, and neglecting tax planning—that leave profitable businesses struggling.They offer practical solutions: review monthly financials, build forecasts, time expenses and taxes, and work with advisors to turn reported profits into usable cash.

Cody and Taylor discuss common reasons people overpay taxes—treating refunds like savings, using the wrong business entity, and missing deductible expenses—and why filing alone won’t fix it.They advocate year‑round tax planning, proper expense tracking, and choosing the right structure to reduce tax liability, and invite listeners to work with TC Advisors for proactive financial strategy.

Hosts Cody Melton and Taylor Rhoads break down why many people unexpectedly owe federal taxes, covering the most common causes: under-withholding from paychecks, multiple income streams (like side gigs and rental or 1099 income), failing to make estimated tax payments, and income changes such as raises, bonuses, or asset sales.
The episode gives practical fixes: review your W-4 and pay stub, consider withholding at “single and one” or about 10% of wages, make quarterly estimates if you have non‑W‑2 income, and plan throughout the year instead of waiting until tax season.

This episode explains why precise language matters in business taxes and accounting, using the example of LLC owners who casually called membership interests "stock" and faced major tax consequences during an IRS audit.It covers how entity classification affects sales, common problem terms, and practical steps: review your operating agreement, clarify exit and ownership terms with co‑owners, involve your tax professional and attorney early, and document assumptions contemporaneously to avoid costly surprises.

In this episode of Behind the Numbers, Taylor and Cody break down how student loans and tuition affect your tax return — from the student loan interest deduction to education credits and 529 plans.Learn the key limits and income phaseouts (including the $2,500 student loan interest cap and the American Opportunity Credit rules), what expenses qualify, how scholarships and Form 1098‑T can change your eligibility, and common mistakes that cost taxpayers money.

The team wraps up a California conference where Grant, Zach, and Cody discuss the conference highlights: AI’s growing role, practical tools to try, and the value of peer collaboration.
They share two main takeaways—prioritizing advisory work by delegating low-value tasks and using AI as a human-led tool to turn unstructured expertise into clearer, client-ready guidance—and plan firm-level changes after reflecting together.

Join the TC Advisors team recording from Huntington Beach as they mix conference insights with light-hearted conversations on AI, advisory services, tax strategy, and the perks of remote work—plus a few suitcase surprises and beach tales.