# Chris Mccormack

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You're Making Money… So Where Is It Going? | Profit First Explained With David Richter

What if your business is making more money, but you’re still not keeping any of it? In this episode of the Know Your Numbers Podcast, Chris McCormack sits down with David Richter, founder and CEO of Simple CFO and author of Profit First for Real Estate Investing, to break down the financial system…

Why Successful Entrepreneurs Need a Day Off Every Week

What if one day of rest each week could actually make you better at business? In this episode of the Know Your Numbers Podcast, Chris McCormack explores a financial and life system that goes all the way back to the beginning of Scripture: the Sabbath. In a culture that constantly tells entreprene…

Stop Waiting Until Tax Season: How Smart Business Owners Plan All Year

Are you waiting until tax season to start thinking about taxes? That could be costing your business money. In this episode of the Know Your Numbers Podcast, Chris McCormack breaks down the quarterly tax planning system used at Better Books to help business owners, real estate investors, and high-i…

5 IRS Red Flags Every Business Owner & Real Estate Investor Should Know

Could your tax return trigger a closer look from the IRS? In this episode of the Know Your Numbers REI Podcast, Chris McCormack breaks down 5 IRS audit red flags that business owners, entrepreneurs, and real estate investors should understand. The goal isn't to scare you—it's to equip you with kn…

Do This Before December 31 to Save Thousands in Taxes

Are you waiting until tax season to think about taxes? That could be costing you thousands. In this episode of the Know Your Numbers Podcast, Chris McCormack kicks off a brand-new Q4 Tax Planning Series and explains why the fourth quarter is the single most important time of year for business owne…

Why Your Rental Property Might NOT Qualify for Tax Savings

Think it's too late to save on taxes this year? Think again. In this episode of the Know Your Numbers Podcast, Chris McCormack continues the September Q4 Tax Planning Series and explains why the fourth quarter can be one of the most important opportunities for real estate investors and business ow…

S-Corp Owners: Do THIS Before December 31

If you own an S corporation, Q4 is the time to get your tax planning right. In this episode of the Know Your Numbers Podcast, Chris McCormack explains why S-corp owners need to pay close attention to reasonable salary, payroll timing, the QBI deduction, employee benefits, depreciation, and year-en…

7 Financial Numbers Every Business Owner MUST Know

Do you really know the numbers that determine the financial health of your business? In this episode of the Know Your Numbers Podcast, Chris McCormack breaks down 7 financial numbers every business owner should know—including tax rate, profit and profit margin, break-even revenue, liquidity and ru…

Financial Planning vs. Tax Planning: What Your Financial Advisor Isn't Telling You

Is your financial planner also handling your tax planning? Not necessarily. In this episode of the Know Your Numbers podcast, Chris McCormack breaks down the difference between financial planning and tax planning, why both are important, and how they can work together to improve your overall finan…

Aussie Legends vs German Greats: Who Wins Kona? | Unfunded S2 EP25 (EP60)

This episode is sponsored by Official Beer Co.Produced by Podfire. Lockie and Lleyton celebrate episode 60 and kick off World Championship week, starting with Lockie's belated birthday bash and why he was the first one to go home from his own party. With the IRONMAN World Championship back in Kona …