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Welcome to The Tax Strategy Network!
You’re in the right place if you want to legally reduce taxes, keep more of what you earn, and have ongoing support as you actually implement strategies in real life. How the community is structured We keep things simple with three levels so you always know what you have access to and where to go next. - Free Forever (everyone starts here) – This is the open community where you can join discussions, see updates, and get a feel for how we think about tax strategy for business owners. - Navigators (labeled “Premium” in Skool) – This is for people who want access to all of the tools, trainings, and resources I’ve created (and will create) to help you design and implement tax strategies on your own. - VIP Tax Plans (labeled “VIP” in Skool) – These are clients who have purchased a custom tax plan; they get everything in the lower levels plus classroom resources built specifically to help operate the strategies in their plan throughout the year. What Navigators get If you’re in the Navigators level, you unlock the full Classroom, all current and future trainings, and our weekly live call. - Weekly Navigators Call: Thursdays at 3 p.m. Eastern (already on the Skool calendar). - Deep-dive trainings on specific strategies, tools walkthroughs, and implementation guidance so you can confidently apply what you’re learning. What VIP Tax Plan clients get If you’re in the VIP level, you have a personalized tax plan that lays out the math, what to do, and how to do it. - The Classroom includes step-by-step resources tailored to operating the strategies in your plan—things like accountable reimbursement workflows and other “how do I actually do this?” guides. - As life and business happen during the year, you can refer back to these resources to make sure each strategy is set up and executed correctly. Your first action: Coffee Break with Neal No matter what level you’re in, the best way to plug in is to add our weekly Coffee Break with Neal to your calendar.
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2d •
Coffee Break With Neal 4/3/26
https://www.youtube.com/watch?v=ClXdAooQq_Y If anyone wants to hop on: https://riverside.com/studio/neal-mcspaddens-studio?t=cb556e679c1895f4dea4
3d •
Excess Business Loss Limits
I've run into two client situations in the last couple of days that hit Section 461 excess business loss limitations. What this limit does, and which was made permanent by the one big beautiful bill, Act of 2025, is that if you have business losses and non-business income, there is a limit. I'm just going to round $300,000 for single filers and $500,000 for joint filers in terms of losses that you can take against the non-business income. If you have a big income event, let's say your W-2 is $1,000,000 and you have a $500,000 business loss, if you're joint then your net income is going to be the $500,000. You're going to pay taxes based on that. If you are a single filer, you're only going to get $300,000 of deductions. The remaining $200,000 will roll over into the future years as a net operating loss carry forward and you're going to pay taxes on $200,000 that you don't have. The character of income and losses does matter and this is yet another example of that.
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10d •
S Corp Optimization Module
In what is one of the most important strategies when it comes to tax optimization, I've put together the module on S-Corp optimization. In general the approaches to tax planning go through a couple of different stages: 1. Entity selection. We want to make sure that the right income is in the right types of vehicles in the first place. 2. Deduction maximization. We want to prevent as much net income as possible from occurring in the first place. 3. Optimizing the remainder. That's what this module is about. It's after we're already in an S-Corp, which is going to be the right choice for a lot of people, and after we've applied all of our deduction strategies, like we covered in the Trump accounts, the disaster plans, the accountable plans, and the summit strategy sessions. All those are different deduction strategies and they are there to reduce the net income that is subject to optimization. First and then we get into wages, profits, retirement contributions, and QBI optimizations, and that's what the S-Corp optimization module goes over. Check it out: https://www.skool.com/tax-strategy-network/classroom/a7125fb6?md=fca3ddf161f04745aff90359fc2fe300
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10d •
Coffee Break 3/27
I had technical problems with figuring out the skool live thing last week so this week I'll be streaming through riverside to YouTube, LinkedIn, and Facebook. Watch live at https://www.youtube.com/watch?v=KpWbGjfGqAI at noon eastern
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Discover and implement proven tax strategies used by smart owners to legally reduce taxes and keep more of what you earn
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