How Business Owners Pay Less in Taxes.. Using Everyday Write Offs Noel Lorenzana, CPA 2025-09-09 | Why do business owners pay much less in taxes even when they earn more? It’s not a loophole. It’s not cheating. It’s understanding how the tax code works.In this video, I’ll explain exactly how business owners, freelancers, and even side hustlers are legally reducing their tax bills by writing off everyday expenses. From your home office, car mileage, and meals — to items you might overlook like subscriptions, travel, and your phone bill — these deductions can add up quickly.If you're self-employed or planning to start a business, this video could save you thousands. I'll also tell you what NOT to do so you stay compliant and avoid triggering an audit.Whether you're a gig worker, creator, small business owner, or just tired of watching a big chunk of your paycheck go to the IRS, this is a must-watch.Let me know in the comments: What’s one thing you didn’t realize was tax deductible?💜 Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/m0DdAHEjxf8youtu.be/QgicbfMNYkcyoutu.be/7iTERSXM8foThanks for watching my video on, "How Business Owners Pay Less in Taxes.. Using Everyday Write Offs"Disclaimer: This video, and the ideas presented in it, are for entertainment and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 - Why Business Owners Pay Less Taxes 01:12 - The US Tax Code Rewards Risk Takers 02:16 - Revenue Code, Section 162(a): Business Expense Deductions03:14 - Home Office Deduction: What Are the IRS Rules and How to Calculate04:02 - Write-Off Examples You Might Be Missing 05:33 - Laptops, Phones, Electronics, Tax Deductions07:30 - Vehicle Expenses and Tax Write-Offs08:04 - How to Calculate Your Vehicle Deduction: The Standard Mileage Rate08:39 - Vehicle Deductions: The Actual Expenses Method09:13 - BONUS Tip: Section 179 & Bonus Depreciation09:55 - Business Meals Write-Offs: What's Deductible?11:17 - Business Travel: How to Write-Off the Right Way13:05 - Can I Use Losses From Crypto Investments to Offset Taxes or Get a Refund?13:45 - Final Thoughts: Use the Tax Code to Your AdvantageReplay Video Link: youtu.be/r7waldUdqvo#taxwriteoffs #taxwriteoff #taxdeductions #taxdeduction
When Money Dies: Only This Survives Noel Lorenzana, CPA 2025-09-27 | Every government promised its currency was safe. But history proves they were wrong. From Rome to Lebanon, from silver coins to paper dollars, money always dies. And when it does, it happens fast.In this video, we look at real stories of what happens when currencies and banks collapse. From the fall of Rome to the Black Death, to Argentina’s runaway inflation and the recent Silicon Valley Bank collapse, history shows us that no currency lasts forever.Here’s what you’ll see in this video:- Can the U.S. Dollar, Canadian Dollar, or Euro really die?- The story of the Silver Denarius and the illusion of “safe money”- What a bank collapse looks like in real life- The Black Death of 1347 and its economic shock- What happened during the Silicon Valley Bank collapse in 2023- The reality of Argentina’s current inflation crisis- The one thing that always survives when money fails- Prepping tips: what you can do today to prepare for a currency collapseMost people think “it can’t happen here,” but this isn’t theory; these are lessons from history, and they may matter more today than ever before.Do you think the U.S. Dollar, Canadian Dollar, or even Euro could collapse in our lifetime? Share your thoughts in the comments.💜 Enjoy My Work? Support the channel: patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/6HFqWF8dISwyoutu.be/NmytJ-cutY8youtu.be/_yoY3JtujHEThanks for watching my video on "When Money Dies: Only This Survives."Disclaimer: This video, and the ideas presented in it, are for entertainment and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 - When Money Dies: Only This Survives00:45 - Can our money die? US Dollar, Canadian Dollar, Euro01:02 - The Silver Denarius: The Dangerous Illusion of Paper Money02:44 - What Bank Collapse Really Looks Like03:40 - The Black Death in Europe, 1347, and Its Economic Impact 04:26 - What happened to Silicon Valley Bank in 2023?05:02 - What is Argentina's Current Inflation Rate?05:47 - What Survives When Government Fails or Currencies Collapse07:13 - Currency Collapse: Prepping Tips and What Can You Do Today?09:15 - Final Tip: Preparing for the Next Bank or Currency Collapse Replay Video Link: youtu.be/bvzKj76QfN8#dollarcollapse #bankcollapse #currencycollapse #prepping #EconomicCollapse
The Silent Gold & Silver Revolution Has Begun Noel Lorenzana, CPA 2025-09-20 | Gold just surged past $3,600 an ounce and silver broke $40... but is it still worth buying gold and silver today? Prices are exploding, yet almost no one is talking about what’s really happening behind the headlines. Billion-dollar trades are quietly moving into gold ETFs, central banks are loading up, and the U.S. dollar’s role is being challenged. Could we be watching the early stages of a silent gold and silver revolution?In this video, I’ll walk you through:- The latest moves in gold and silver prices- Why a $1 billion trade just hit the GLD gold ETF- How BRICS nations and central banks are reshaping the system- The shift from paper contracts to physical gold and silver- What this silent revolution means for the U.S. economy- And the big question: Is it still worth buying gold and silver today?This isn’t financial advice, just insights and context you won’t hear on mainstream media.💬 Do you believe gold and silver are being remonetized? Share your thoughts in the comments.💜 Enjoy My Work? Support the channel: patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/FxP1VxcPB4Qyoutu.be/6HFqWF8dISwyoutu.be/_yoY3JtujHEyoutu.be/KHgIRMf9TN4Thanks for watching my video on, "The Silent Gold & Silver Revolution Has Begun"Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 – The Silent Revolution: Gold & Silver Price Today 00:23 – A $1 Billion Trade Hits the GLD Gold ETF 01:15 – BRICS and Gold: Is the U.S. Dollar in Danger? 02:04 – A $1 Billion Trade Into GLD Gold ETF 03:36 – Gold and Silver Prices: From Paper to Physical Ownership 05:40 – A System Breaking... and a New One Rising 07:35 – What This Silent Gold & Silver Revolution Means for You 08:21 – Is It Still Worth Buying Gold and Silver Today? Replay Video Link: youtu.be/Z4svtJ3NxK0#goldsilver #goldvalue #goldpricetoday #goldsilverprice #USEconomy
How to Survive The Silent Depression in 2025 Noel Lorenzana, CPA 2025-09-13 | The Silent Depression isn’t coming… it’s already here. On the surface, life in America looks normal—people shopping, scrolling, and eating out. But just beneath the surface, millions are struggling. Wages can’t keep up with inflation, debt is exploding, and savings are gone. This isn’t prosperity. Many now call it a Silent Depression, a quiet economic collapse that feels a lot like the 1930s.In this video, we look back at the lessons from the Great Depression and how families survived when everything fell apart. These aren’t just history lessons; they’re real strategies you can use right now to protect yourself and your family.Here’s what you’ll learn:- Why building even a small safety net matters more than ever- How debt quietly traps families, and how to escape it- Why community and bartering saved lives back then- How side hustles and multiple incomes are survival tools today- Extreme frugality tips that worked in the 1930s and still work now- And the big question: can we really trust government numbers?The Silent Depression may not make headlines, but for many, it’s already here. The good news? History has already shown us how to survive it. Stay until the end to find out how.🎉 Get my Side Hustle Tax Course 50% off! noellorenzanacpa.com/offers/fq62FjG7?coupon_code=SIDETAX50💜 Enjoy My Work? Support the channel: patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/8a7BiyoB6DQyoutu.be/9Az3idSaki0youtu.be/hTl1aYgfHJwyoutu.be/LU3B2czEUx8Thanks for watching my video on, "How to Survive The Silent Depression"Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 – How to Survive The Silent Depression: Lessons From The 192902:42 – Lesson 1: Build a Safety Net Before It’s Too Late04:00 – Living Paycheck to Paycheck: How to Build an Emergency Fund04:38 – Lesson 2: Easy Credit Is a Trap. How Debt Makes You Vulnerable06:04 – How to Get Out of Debt When You Are Broke06:35 – Lesson 3: Barter and Community Can Be Lifelines, But It's Different Now08:11 – Lesson 4: Why Relying on One Income Is Risky08:56 – How to Earn Additional Income: Side Hustle Ideas For Extra Money10:43 – Lesson 5: Extreme Frugal Living Tips From the Great Depression11:54 – A Beginner’s Guide to Living Frugal in 202513:35 – Can We Really Trust Government Numbers?15:45 – Prepping for Economic Collapse: How to Survive?Replay Video Link: youtu.be/zll0RX8fUeE#greatdepression #silentdepression #economiccollapse #frugalliving #financialsurvival
Don’t Buy Gold or Silver Until You Watch This! Noel Lorenzana, CPA 2025-09-02 | A $40 MILLION gold and silver scam wiped out investors — and it could happen to you. In this video, I expose the biggest precious metals scams of 2025: ⚠️ Dealers vanishing overnight with customer money ⚠️ Fake gold bars and counterfeit coins flooding in from overseas ⚠️ Overpriced “collectible” coins sold as investments You’ll also learn the safest ways to buy gold and silver today — without falling for hidden costs or shady tactics. If you’re stacking gold or silver to protect your wealth, watch this before you buy. 💜 Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. Just a heads up—this is not financial or investment advice do your own due diligence. Enjoy the video!★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/KHgIRMf9TN4youtu.be/Flgw0wSyZYUyoutu.be/5d5rKm_2OQEThanks for watching my video on, "The Truth About Gold & Silver Scams (and How to Buy Safely)"Disclaimer: This video is for informational and educational purposes only. It is not financial, investment, or tax advice. Please do your own research or consult a licensed financial advisor before making any investment decisions. The opinions shared are based on personal experience and should not be taken as professional guidance. ⏱️VIDEO CHAPTERS⏱️00:00 - Gold & Silver Scams: The $40 Million Dealer Collapse00:44 - Most Trusted Bullion Dealer in America Was a Scam02:44 - Gold & Silver Premiums: The Costly Trap for Investors03:58 - Beware of Counterfeit Gold & Silver Coins04:32 - Beware: Online Marketplaces & Face-to-Face Sales05:51- TV Coin Hype & “Cash for Gold” Schemes06:26 - Cash for Gold Shops07:44 - Hidden Costs of Gold & Silver: Storage, Premiums & Taxes09:43 - If You Really Have To Buy09:55 - Safe and Best Places to Buy Gold & Silver in 202510:33 - Best Gold & Silver Options for Beginners (Silver Rounds & Junk Silver)12:02 - Best Authenticity Tester For Gold, Silver, and Precious Metals12:49 - Safer Alternatives: ETFs, Mining Stocks & Paper Gold13:37 - Final Warning: Scams Always Rise When Gold & Silver BoomReplay Video Link: youtu.be/6HFqWF8dISw #silverandgold #silverinvesting #goldinvesting #Gold #Silver
How Tariffs Quietly Tax the Poor & Middle Class Noel Lorenzana, CPA 2025-08-30 | Are you paying a tax you never voted for? Everyday Americans are being hit with a hidden tax that raises the cost of food, gas, clothes, and cars — and most don’t even realize it.That hidden tax is tariffs. Politicians sell them as “punishing foreign countries,” but the truth is you’re the one paying the price. With President Trump’s new tariffs rolling out in 2025, families are already feeling it in their wallets.In this video, you’ll learn:- What tariffs really are and why economists call them a hidden tax- How Trump’s 2025 tariffs could spark inflation and weaken the dollar- The forgotten history of Smoot-Hawley (and its lessons for today)- Who really pays tariffs — and why it always comes back to American consumersThis isn’t about politics. It’s about the truth of how tariffs work, and why they matter for your money, your savings, and the future of the U.S. economy.👉 Do you think tariffs are worth the price Americans are paying?Share your thoughts in the comments below.💜 Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/8a7BiyoB6DQyoutu.be/m0DdAHEjxf8youtu.be/7iTERSXM8foThanks for watching my video on, "The Hidden Tax You Didn’t Vote For."Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 - Tariffs: The Hidden Tax You Didn’t Vote For01:17 - The Context and Stakes: President Trump's Tariffs 202502:18 - Tariffs and Inflation: The Biggest Hidden Tax Increase03:10 - The Hidden Tax Hits Home: How Tariffs Work?04:15 - Tariffs Are Taxes: Who Pays The Price?04:58 - When You Tax Yourself, The World Reacts06:05 - The Smoot-Hawley Tariff Act of 193006:40 - Tariffs: The Dollar at Risk And The Economic Fallout08:35 - Power Without a Vote09:52 - What Were The Smoot-Hawley Tariffs? 10:23 - Who Actually Pays The Tariffs?Replay Video Link: youtu.be/kWxhYUAPWPg#trumptariffs #tariffs #tariffsexplained #taxes #usinflation
The Case for $15,000 Gold: Could It Actually Happen? Noel Lorenzana, CPA 2025-08-26 | Gold revalued at $15,000 isn’t just a wild theory — it may be the U.S. government’s last resort to erase trillions in debt. Sounds impossible? It already happened once.In 1934, Washington raised the gold price overnight from $20.67 to $35, instantly creating wealth to shrink the debt. Now, with U.S. debt exploding and interest costs devouring revenues, veteran investor Clive Thompson (@clivethompson-jc9my) believes the government could do it again — this time revaluing gold to $15,000.This idea isn’t new. Economists like Jim Rickards and Luke Gromen have hinted at it, and macro analyst George Gammon points out the Fed already has the tools hidden in plain sight.📌 In this video:- How the U.S. revalued gold in 1934 to erase billions in debt- Why debt-to-GDP makes another revaluation possible today- Who wins if gold hits $15,000 — and who loses- What a gold reset would mean for your savings, the dollar, and the global economyHistory proves it can happen. If gold is revalued again, the impact on the U.S. and the world could be huge.💜 Enjoy My Work? Support the channel: patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/IsZCmEWcUVgyoutu.be/KHgIRMf9TN4youtu.be/5d5rKm_2OQEyoutu.be/8a7BiyoB6DQThanks for watching my video on, "Gold Revaluation to $15,000: How the US Government Could Erase Trillions in Debt"Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 – Gold Revaluation: Could The US Government Erase Trillions In Debt?01:35 – The 1934 Gold Revaluation: How It Changed Everything04:37 – How a Gold Revaluation Would Work In 202507:32 – Why the U.S. Would Revalue Gold Today 08:57 – George Gammon's Take: Debt-to-GDP Is the Real Problem09:54 – Who Benefits If Gold Surges to $15,000? 10:47 – Who Loses If Gold Is Revalued at $15,000 Overnight?12:17 – Could a $15,000 Gold Revaluation Actually Happen? 14:05 – Warning Signs: How to Know If Gold Revaluation Is Coming 15:02 – $15,000 US Gold Revaluation: What It Means for You and Your FutureReplay Video Link: youtu.be/FxP1VxcPB4Q#goldprice #goldinvestment #goldpricetoday #goldvalue
How Americans Were Robbed of 3,600 Tons of Gold Noel Lorenzana, CPA 2025-08-23 | Imagine waking up one morning and finding out that the gold you legally owned, the gold you bought with your hard-earned savings for security, had suddenly made you a criminal. No warning. No debate.In 1933, President Franklin D. Roosevelt signed a surprise order forcing Americans to hand over their gold. Overnight, private gold ownership became illegal, punishable by 10 years in prison or a $10,000 fine (the equivalent of six years’ salary back then).In less than a month, 3,600 tons of gold were taken from everyday Americans. The government called it “patriotic.” But for many, it was theft...a legal seizure of private wealth in broad daylight.In this video, we revisit this forgotten chapter in American history...how the gold was taken, why it happened, and whether something like this could ever happen again.What do you think about gold confiscation? Do you think it could happen again, or will it be something else? I'd love to hear your thoughts.💜 Enjoy My Work? Support the channel: patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/FxP1VxcPB4Qyoutu.be/IsZCmEWcUVgyoutu.be/KHgIRMf9TN4youtu.be/5d5rKm_2OQEThanks for watching my video on, "How Americans Were Robbed of 3,600 Tons of Gold"Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 – How Americans Lost 3,600 Tons of Gold: The 1933 US Gold Confiscation History01:00 – The Great Depression and The Rise of Gold Hoarding01:48 – Why Did the US Government Confiscate Gold in 1933?02:25 – Roosevelt's Executive Order 6102 Signed: Forbidding "The Hoarding of Gold"03:37 – US Gold Confiscation: Why Didn't It Result in a Massive Protest or Civil War?04:12 – What Happened After? How Much Gold Was Confiscated in 1933? 05:01 – The Gold Reserve Act and the Sudden Gold Price Hike05:55 – The Legal Battle: The Supreme Court's Unfair Ruling?07:30 – 1930s US Gold Confiscation: Will History Repeat Itself?09:27 – Will President Trump Check Out Gold at Fort Knox?Replay Video Link: youtu.be/_yoY3JtujHE#goldconfiscation #gold #GoldHistory #goldinvestments
Peter Grandich’s Final Warning: The Worst Depression in History Is Coming Noel Lorenzana, CPA 2025-08-16 | Wall Street veteran @Peter-Grandich warned that the U.S. could be heading toward the worst economic depression in history... worse than 1929, within 3-5 years. Today, Peter will share his update on that, plus his outlook on gold, silver, the stock market, and the overall economy.Who Is Peter Grandich?Peter Grandich, a Wall Street veteran, and a well-known speaker, has been a trusted source of financial advice since 1984 and has been heavily covered throughout financial media. In this new interview, Peter shares his latest outlook on:- Whether his forecast is still on track- How interest rates, debt, and government spending could trigger a crisis- The role of gold, silver, and mining companies in the years ahead- What investors should watch for as the economy shiftsThis isn’t fearmongering... It’s a grounded look at the facts, history, and trends shaping our financial future. Do you think the U.S. can avoid the worst?Share your thoughts in the comments. And Subscribe for more in-depth financial and economic insights!If you want to check out my last video with Peter from November,you may watch it here: youtu.be/LbHwBgiZDXQ★ Where to Follow Peter Grandich ★Website: petergrandich.comX or Twitter: https://x.com/PeterGrandichYouTube: youtube.com/@Peter-Grandich💜 Enjoy My Work? Support the channel: patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/8a7BiyoB6DQyoutu.be/MXgww8-YYRwyoutu.be/m0DdAHEjxf8Thanks for watching my video on, "Is the Worst Depression in History Still Coming?"Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00:00 – Wall Street Veteran Peter Grandich Interview on the US Economy00:01:38 – Is the Worst Depression in History Still Coming?00:04:50 – US Economic Crisis: Dual Economy00:06:00 – Peter Grandich on Gold and Silver Market Performance00:09:50 – Platinum Market Trends and Supply Issues00:12:15 – Potential Gold Revaluation in the US: Financial Market Impact00:16:30 – Precious Metals Mining Sector Update | Northisle Copper and Arizona Gold 00:18:16 – Critical Minerals Supply Deficits and Geopolitical Tensions00:23:25 – Trade Wars & Tariffs | How China Is Outplaying the U.S. in Global Economics00:26:43 – Changes in The Financial Markets, Advisors, and Trading00:31:43 – The Worst Economic, Social, and Political Crisis in the US History00:34:22 – $37 Trillion US National Debt, Big Beautiful Bill, and Social Security Challenges00:38:59 – Social Security, Medicare Cuts | Why Can't the US Government Just Print More Money?00:42:57 – Future Social Security Reforms and Aging Crisis00:48:03 – US Stock Market Valuation and Risk Outlook00:53:55 – If Mining Stocks or Equities Take a Big Drawdown00:55:12 – Signs the Depression Is Near | Peter Grandich’s Final Warning for Investors00:56:44 – Motivation Behind Peter Grandich's Work01:02:29 – Peter Grandich's X Page or Twitter, Blog, and YouTube ChannelReplay Video Link: youtu.be/hTl1aYgfHJw#greatdepression #marketcrash2025 #stockmarketcrash #economiccollapse
Did This 1896 Book Predict Our Future? Noel Lorenzana, CPA 2025-08-09 | Could Donald Trump really be America's Last President? In this viral video follow-up, we dig even deeper into the eerie connections between a forgotten 1800s book, Nikola Tesla’s missing notes, and Donald Trump’s real-life MIT scientist uncle.From Baron Trump’s strange portal journey in Russia to whispers of ancient time travel tech hidden under ice, the coincidences keep stacking up.In this video, we talk about:- How the book The Last President lines up with today- A boy named Baron Trump and his journey through a hidden portal- John G. Trump, Tesla’s secrets, and why some think time can be bent- Whether this is all fiction, or something far more real- The signs of a country in chaos, and what might happen nextSome of this might sound unbelievable. But when you line it all up… It’s hard to ignore.Let me know what you think in the comments.Coincidence? Or something else entirely?Watch Part 1 here: youtu.be/FLyRIRE0Uw0💜 Enjoy My Work? Support the channel: patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/Krd-O3UUqOsyoutu.be/8P0IvxXwBcEyoutu.be/xnRv3lBxceUThanks for watching my video on, "The Last President Part 2 — Time Travel, Tesla, and Trump’s Final Chapter"Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 - The Last President Book Explained: Baron Trump's Story That Feels Real01:46 - A Warning From The Past: Gold, Market Collapse, Food Shortage04:16 - The Boy Named Baron Trump and the Portal Beneath Russia04:55 - Castle Trump, "Baron", "Trump", “Don,” and the Portal in Russia05:55 - Conspiracy Theories: Rumors About Time Travel Machines06:50 - Nikola Tesla’s Passing, Time Travel, and Trump Connection08:05 - John G. Trump: The MIT Scientist Who Saw Tesla’s Work09:17 - Nikola Tesla’s Ideas on Time, Vibration, and Portals10:25 - 2025: Chaos, MAGA Supporters Division, and New Anti-Trump Groups12:00 - Hidden Secrets, The Epstein Case, and Growing Silence13:00 - What If We’re Already Living in an Altered Timeline?14:06 - Mandela Effect, Strange Coincidences, and Glitches14:42 - What If This Story Were Written Long Ago?15:14 - Final Thoughts: What Comes Next?Replay Video Link: youtu.be/MXgww8-YYRw#donaldtrump #presidenttrump #TheLastPresident #barontrump #timelineshift
The Bank That Quietly Steals Your Wealth Noel Lorenzana, CPA 2025-08-02 | The Federal Reserve doesn’t just print money — it quietly steals your wealth through inflation. In this video, I expose how the Fed’s hidden system keeps you working harder while your dollars buy less. You’ll learn: ✔ The secret meeting in 1910 that created the Fed ✔ How money printing makes YOU poorer ✔ Why inflation is the biggest hidden tax on your savings If you’re serious about protecting your money, you need to see this. 💜 Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/NmytJ-cutY8youtu.be/m0DdAHEjxf8youtu.be/QQzj8KYgftMThanks for watching my video on, "How the Federal Reserve Is Quietly Robbing You"Disclaimer: This video, and the ideas presented in it, are for entertainment and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 – Federal Reserve EXPOSED: The Creature from Jekyll Island Explained01:10 – The Dark History of The Federal Reserve: The Jekyll Island Meeting02:24 – When Was The Federal Reserve Created?03:12 – Three Hidden Powers of the Federal Reserve04:45 – How The Federal Reserve Prints Money Out of Nothing05:58 – Inflation: The Hidden Tax on Your Savings07:02 – Where Does Federal Reserve Money Come From08:26 – Why Easy Money Creates Financial Bubbles09:15 – What Is The Boom-Bust Cycle (1929 to 2020 History)11:00 – National Debt and Interest Costs Are Exploding12:12 – Federal Reserve System: The Vicious Cycle of Debt and Inflation13:03 – Ron Paul: End the Fed14:19 – Real Solutions: Sound Money and Reform14:50 – Jefferson’s Warning: Is It Time to End the Fed?Replay Video Link: youtu.be/8a7BiyoB6DQ#fed #federalreserve #endthefed #federalreservebank
You Just Don’t Understand Gold and Silver — And That Could Cost You Noel Lorenzana, CPA 2025-07-26 | Most people have no idea why gold keeps quietly hitting new highs while silver trades at a steep discount—yet a single misunderstanding about these metals could wreck your long-term wealth.In today’s video, I show why central banks are loading up on bullion, why the gold‑to‑silver ratio is screaming “opportunity,” and how paper contracts mask a looming supply crunch. By the end you’ll know exactly where gold and silver fit in a balanced portfolio—and how ignoring them could cost you big when fiat confidence slips.This isn’t hype or “end‑times” talk—just straight facts on monetary history, inflation, and portfolio insurance drawn from 25 years of market watching.Whether you’re stacking coins, trading ETFs, or still on the fence, this guide will help you see precious metals for what they really are: portable wealth, crash insurance, and a second chance when everything else fails.🔔 Subscribe for weekly insights on money, markets, and protecting your future.👍 Like if you learned something new—and share with a friend who still thinks gold is “just a rock.”💜 Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. Just a heads up—this is not financial or investment advice do your own due diligence. Enjoy the video!★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/Flgw0wSyZYUyoutu.be/5d5rKm_2OQEyoutu.be/vCp71Q0V_40youtu.be/exV7RdXKtxwThanks for watching my video on, "You Just Don’t Understand Gold and Silver — And That Could Cost You"Disclaimer: This video is for informational and educational purposes only. It is not financial, investment, or tax advice. Please do your own research or consult a licensed financial advisor before making any investment decisions. The opinions shared are based on personal experience and should not be taken as professional guidance. ⏱️VIDEO CHAPTERS⏱️00:00 - Gold & Silver: The Most Misunderstood Assets00:40 - Are Precious Metals Really Outdated?01:20 - Gold and Silver Are Stores of Value, Not Investments01:41 - What Is Silver and Gold?02:01 - Gold As Money: 5,000-Year History of Resilience02:14 - Silver's Role in Industry and Tech02:31 - Why Precious Metals Are Viewed the Wrong Way03:26 - Myth #1: “Gold Is Outdated” — Central Banks Disagree04:08 - Myth #2: “Silver Is Not Rare” — Industrial Demand Says Otherwise05:09 - Myth #3: “Only Preppers Buy Metals” — The Diversification Case05:54 - Myth #4: “Paper Gold = Physical” — Counter-Party Risk Exposed07:00 - Missed Opportunity: My $500 Gold Mistake & What It Taught Me07:40 -Joe’s Story: Gold as a Tool For Survival08:30 - Why Gold and Silver Are Still Relevant09:12 - Will You Be Ready When the System Breaks?Replay Video Link: youtu.be/KHgIRMf9TN4 #silverandgold #silvermarket #goldmarket #Gold #Silver
Why Fort Knox Gold Won’t Be Audited (And What They’re Hiding From You) Noel Lorenzana, CPA 2025-07-19 | Here’s why Fort Knox gold will never be audited. Not in the past 70+ years, and probably never in the future. What are they hiding from us—and why do even presidents back down when they try to investigate? President Trump said multiple times that he wanted to visit Fort Knox to verify if the gold was really there. Elon Musk offered to livestream the whole thing.And then… nothing. Total silence. No visit. No audit. Not a single follow-up. The story just kind of disappeared. But why?In this video, we talk about the Fort Knox gold controversy—why there hasn’t been a full audit in over 70 years and what they might be hiding. We’ll go over the facts, including what a real audit looks like, the role of paper gold, gold leasing, and why financial experts like Jim Rickards believe the gold may be “spoken for” many times over.The U.S. Treasury claims all the gold is accounted for—but has anyone actually seen it? As a former auditor, I break down what’s really going on and why this matters for your financial future and trust in the U.S. dollar.Whether you're investing in gold, questioning the system, or just want real answers… this video is for you. This video covers the Fort Knox audit mystery, gold reserves, paper gold risks, and the bigger issues surrounding the U.S. dollar and financial system in 2025.Let me know in the comments: Do you think the gold is actually still there?💜 Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook: 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/KHgIRMf9TN4youtu.be/5d5rKm_2OQEyoutu.be/ldbY8qbxALMThanks for watching my video on "Why Fort Knox Gold Will Never Be Audited (And What They’re Hiding From You)"Disclaimer: This video, and the ideas presented in it, are for entertainment and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 - Trump and Elon Musk Want to Audit Gold at Fort Knox01:07 - What a Real Financial Audit Is?02:24 - How Much Gold is in Fort Knox?02:40 - Fort Knox Gold: When Was the Last Physical Audit?04:22 - President Donald Trump on Missing Gold Reserves At Fort Knox06:35 - The Real Reason You'll Never See a Gold Audit in the US (ft. Jim Rickards)07:23 - Rehypothecation and Paper Gold Explained08:24 - Why a Real Audit Could Trigger Panic10:12 - U.S. History: From Gold Standard to Fiat11:59 - When Was the Last "Audit" of Fort Knox Gold?14:35 - What a Real Gold Audit Looks Like14:12 - US Gold Reserves Audit: Why Fort Knox Will Never Be Audited... Again15:36 - Final Thoughts: Are We Being Lied To About America’s Gold?Replay Video Link: youtu.be/IsZCmEWcUVg#goldreserves #physicalgold #fortknox #jimrickards
Trump’s Big Beautiful Tax Bill EXPLAINED (What They’re NOT Telling You) Noel Lorenzana, CPA 2025-07-12 | Trump’s One Big Beautiful Bill has officially passed into law — and it’s rewriting the tax rules for 2025 and beyond. From no tax on tips and overtime to major changes in 1099-K reporting and bigger deductions for families, seniors, and small businesses, this law could dramatically shift how Americans file, save, and plan their finances.In this video, we break down what’s in the bill, what’s changing, and who it’s going to help the most. Whether you're a server, eBay seller, gig worker, parent, or retiree, there’s likely something in here that affects you. But behind the headlines is a massive 3.4 trillion price tag, and what that could mean for the national debt, the dollar, and your financial future. As a CPA, I’ll explain not just the headline benefits but also the hidden consequences most people are overlooking. There's a lot of misinformation out there, so in this video, I'll do my best to break it all down, the benefits you could see, the fine print you might miss, and why some of these gifts come with a long-term cost. Let's take a look at what's inside and how it could affect you. Is this the tax relief Americans need, or is it a dangerous step towards even more debt and inflation? Stay tuned!💜 Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/7iTERSXM8foyoutu.be/QgicbfMNYkcyoutu.be/y9ezuoX5r0QThanks for watching my video on, "Trump’s “One Big Beautiful Tax Bill” Explained — What They're NOT Telling You"Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 - The One Big Beautiful Bill Explained 01:11 - The NEW 1099-K Reporting Threshold 202502:10 - No Tax on Tips02:48 - No Tax on Overtime Pay03:17 - Senior Deduction Boost04:08 - Car Loan Deduction Interest04:43 - State And Local Tax (SALT) Deduction Cap Raised05:26 - Child Tax Credit Increased05:52 - Big Beautiful Bill: Gambling Losses Deduction06:24 - Charitable Deduction for Non-Itemizers Returns06:54 - The One Big Beautiful Bill Summary07:28 - One Big Beautiful Bill For Business Owners07:45 - Bonus Depreciation Is Back: 100% First-Year Write-Off08:37 - Qualified Business Income (QBI) Deduction10:11 - Trump's Big Beautiful Bill: What It Means For The EconomyReplay Video Link: youtu.be/m0DdAHEjxf8 #onebigbeautifulbill #bigbeautifulbill #trumptaxbill #taxbill
11,000 IRS Layoffs: Expect Refund Delays, Less Help, and More Chaos Noel Lorenzana, CPA 2025-07-05 | 11,000 IRS Layoffs in 2025 Updates: The IRS is laying off thousands of its workers over 11% of its entire workforce, including nearly 1 in 3 auditors. That’s right, even after getting $80 billion in funding, the IRS is downsizing big time. What’s going on?Is this cost-cutting smart reform or a ticking time bomb for taxpayers?In this video, I explain:- Why the IRS is firing thousands of employees- How AI is replacing human agents (yes, really)- What this means for your tax refund, audits, and IRS help- What I recommend you do right now as a taxpayer or small business ownerIf you’ve ever waited on hold with the IRS or worried about getting audited, this news is going to hit home. Refund delays? Longer wait times? Less human help? More mistakes?Let’s break everything down and discuss what YOU can do to stay ahead. Share your thoughts in the comments. Are we heading for disaster, or is this a necessary reset?👍 Like, share, and subscribe if you find this helpful!💜 Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/RUV3ViGTtXQyoutu.be/sYwrmtSzvUYyoutu.be/HUswhRMIP24Thanks for watching my video on, "11,000 IRS Layoffs: Expect Refund Delays, Less Help, and More Chaos"Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 - IRS Layoffs 2025 Updates: What Taxpayers Need To Know00:42 - Why 11,000 IRS Agents Are Being Laid Off01:58 - Who Got Laid Off At The IRS? Auditors, Agents, And More03:12 - IRS Using AI? Fired Agents Will Be Replaced With AI?04:16 - The Problem When IRS Starts Using AI For Audits And Collections04:37 - How These IRS Layoffs Affect You05:05 - How IRS Layoffs Could Affect Your Tax Refund06:10 - CPA Advice: What To Do Right Now About IRS Changes07:12 - Should You Adjust Your W-4 After IRS Layoffs? How to Do It?07:31 - Getting An IRS IP PIN: Why And How08:08 - IRS Watching For Tax Cheating More Closely08:39 - Final Thoughts On The 2025 IRS LayoffsReplay Video Link: youtu.be/QgicbfMNYkc#irs #irsupdate #irslayoffs #irsupdates
Former IRS Agents Expose the Offer in Compromise Program Noel Lorenzana, CPA 2025-06-28 | What really goes on inside the IRS? In this video, two former IRS agents break their silence and share exactly what happens behind closed doors—from audits and collections to insider tactics the IRS uses to track your assets.With over 40 years of experience combined, former IRS insiders, Michael Sullivan @HelpFromAFormerIRSAgent and Peter Salinger explains how agents flag red flags, what the IRS looks for in Offer in Compromise cases, how AI is changing collections, and why IRS layoffs could mean more chaos for taxpayers.They’ve seen it all—from people hiding income to those showing off luxury trips on social media, thinking the IRS isn’t watching.If you’ve ever owed back taxes, been audited, or are just wondering how the IRS actually works, this is the video you need to see.Stick around for practical advice on how to protect yourself, deal with IRS letters, and avoid costly mistakes. Watch till the end to hear their real thoughts on AI replacing IRS agents.Like the video if this helped you. Drop a comment if you’ve had any experience with the IRS, and subscribe for more straightforward content on taxes, money, and real advice!📘 Get Michael and Peter's book, "Exposing The Secrets For IRS Settlements," here: amazon.com/Exposing-Secrets-Settlements-Michael-Sullivan/dp/B0F4RSNM6D💜 Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/y2aBtNH7gu0youtu.be/_ko4et0aIcEyoutu.be/Iqtb61GReHUyoutu.be/HUswhRMIP24Thanks for watching my video on, "Former IRS Agents Reveal What Really Happens Behind the Scenes at the IRS"Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 - Intro: Former IRS Agents Exposing IRS SECRETS01:45 - How the IRS Actually Works (Most Taxpayers Have No Idea)02:40 - IRS Behind the Scenes: Settlements & Offer in Compromise03:20 - Why You Don't Qualify For Offer in Compromise04:42 - When You Submit an Offer in Compromise05:05 - Offer in Compromise: What the IRS Agents Really Looks For06:52 - Are IRS Agents Really Targeting the Average Taxpayer?09:32 - Biggest IRS Mistakes People Make When Dealing with the IRS11:10 - Resolving IRS Tax Debt: Tips When You're Scared or Overwhelmed13:35 - Need IRS Help? Here's Who Can Legally Represent You14:42 - Offer in Compromise: Pro Tips from Former IRS Agents and Tax Pros16:55 - What IRS Layoffs Mean for You As a Taxpayer 18:56 - Are IRS Agents Being Replaced by AI? 23:17 - What Trump's New Big Beautiful Bill Means for the IRS and Taxpayers27:14 - Who The IRS Audits And How AI Flags Your Tax Return32:12 - IRS Agents Respond to “Tax Is Voluntary” Claims35:35 - Frivolous Tax Arguments: IRS Agents Share What Actually Works to Settle Tax Debt36:16 - What To Do If You Owe The IRS But Can’t Pay38:57 - Offer In Compromise: Is It Still a Good Option in 2025? How to Qualify?45:30 - Exposing The Secrets For IRS Settlements: Former IRS Agents Reveals47:00 - Offer In Compromise Scams: What IRS Insiders Want You to Know50:07 - Final Advice From Former IRS Agents If You NEED HELPReplay Video Link: youtu.be/7iTERSXM8fo#irsagent #irsaudit #offerincompromise #irshelp #PartnerPerksCollabs
The Housing Collapse Has Already Started—But the Worst Is Still Ahead Noel Lorenzana, CPA 2025-06-23 | The U.S. housing market is breaking, and the signs are hard to ignore. In this video, we break down why the housing collapse may have already started—and why the worst might still be ahead.There are now nearly half a million more sellers than buyers. Mortgage rates are hovering around 7%. Listings are stacking up. Homes are sitting longer. And price cuts are becoming the norm, not the exception—especially in places like Florida, Tampa, and Jacksonville.Redfin reports that over $700 billion worth of homes are currently sitting on the market, and nearly half have been sitting for over 60 days. Builders are dropping prices, institutional buyers are stepping back, and more sellers are realizing they missed the peak.We’ll walk through what’s really happening, why buyers are pulling back, and how this slow-moving reset could impact your neighborhood, your wallet, and your future.Plus, a look at the Silver Tsunami—a wave of 20 million homes that could flood the market in the next two decades as baby boomers pass away or downsize.This isn’t fear. It’s reality. And if you’ve been asking why that home down the street still hasn’t sold… you’re not imagining it.💜 Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook: 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/KxQIaFfrcpoyoutu.be/OAnr3y2yjMYyoutu.be/RUV3ViGTtXQyoutu.be/6BGh58bUwpEThanks for watching my video on "The Housing Collapse Has Already Started—But the Worst Is Still Ahead."Disclaimer: This video, and the ideas presented in it, are for entertainment and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 - Intro: The Housing Collapse Warning Signs00:38 - The US Housing Market 2025 Update01:15 - Are Housing Prices Dropping in the USA?02:16 - Housing Market Trends Report02:57 - Housing Inventory Surge: Seattle, Houston, and Boston03:32 - Housing Market Stale Inventory04:31 - Housing Market in Florida 202504:56 - Shadow Inventory Adds More Pressure05:23 - Final Thoughts: The Housing Collapse Has Already StartedReplay Video Link: youtu.be/OHC12rTiT4g #ushousingmarket #housingmarket #housingmarket2025 #housingmarketupdate #housingcrisis
If Silver is in Shortage, Why is it So Cheap? Noel Lorenzana, CPA 2025-06-16 | The silver shortage is real and demand keeps rising. Solar panels, electric vehicles, military tech, and industrial uses are all driving up demand.So why is silver still so cheap? Why the heck isn't the price exploding? I mean, every other asset has. Some say silver is headed to triple digits. In fact, Brian Kim over @clearvaluetax9382 recently said he believes silver will eventually hit triple digits.But here's the thing. What if I told you silver might not be priced fairly? In this video, I explain what is really happening with silver prices, who controls the market, and why major buyers are quietly stacking silver.I will also explain how silver compares to gold, what keeps silver prices from rising, and if silver is still undervalued. If you care about silver, gold, inflation, or protecting your wealth, you need to hear this.Watch until the end to fully understand how supply, demand, manipulation, and investor behavior are affecting silver prices right now.Subscribe for more content on silver, gold, the US economy, inflation, and real-world investing.Leave your thoughts in the comments. Is silver ready to move higher?💜 Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/pd2zEwca-lgyoutu.be/5d5rKm_2OQEyoutu.be/vCp71Q0V_40youtu.be/QDCTxAO2OKQThanks for watching my video on, "If Silver is in Shortage, why is it so Cheap?"Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 - Why Is Silver Cheap Despite the Silver Shortage?00:30 - Triple Digit Silver? Brian Kim at ClearValueTax01:14 - Silver Shortage 2025: Supply Is Shrinking Globally01:48 - Rising Demand of Silver: Solar Panels, EVs & Military Tech02:02 - Why Is Silver Still So Cheap?02:22 - Is Silver a Good Investment Right Now?03:02 - How the Silver Market Really Works?03:26 - Paper Silver vs Physical Silver Prices04:01 - How Silver Price Manipulation Works05:18 - Why Silver Prices Are Heavily Manipulated?07:15 - The Cracks Are Showing: What Happens Next?08:04 - Why the Silver Price Manipulation May Eventually Fail09:01 - How Long Will Silver Prices Stay Cheap?10:02 - What Investors Need To Know About Silver's FutureReplay Video Link: youtu.be/exV7RdXKtxw #silverpricetoday #silverprice #silvermarket #silverpriceanalysis
The Bond Market Is Breaking — And Your 401(k) Could Be Next Noel Lorenzana, CPA 2025-06-09 | Bonds are supposed to be safe. So why are traders panicking and running for the exits? If you have a 401(k), savings, or any investments tied to the U.S. dollar, this is a must-watch.When people hear the word "bonds," their eyes glaze over. It’s not as flashy as crypto or meme stocks. But bond traders are known to be some of the smartest minds on Wall Street. And right now, they’re quietly pulling out. That’s a major red flag. In this video, we break down the collapse in the bond market, explain why even "safe" investments are now flashing red, and discuss what this means for your savings, 401k, and the entire U.S. economy.Francis Hunt (@TheMarketSniper1) predicted the end of the 40-year bull market in bonds back in 2020. Since then, long-term U.S. debt has fallen by nearly 50%. So what changed? Why is smart money running? And what does this mean for the U.S. economy, the U.S. dollar, and your portfolio?Stick with us; we’ll make this complex topic simple, clear, and far from boring. Whether you’re an investor, saver, or just want to protect your financial future, this video could help you understand the bigger picture and prepare for what's next.Don’t forget to Subscribe and turn on notifications for more deep dives into the economy, markets, and what it all means for your money.💜 Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/sYwrmtSzvUYyoutu.be/5Sma0klwmfUyoutu.be/xnRv3lBxceUThanks for watching my video on, "The Bond Market Is Breaking — And Your 401(k) Could Be Next"Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 - Bond Market Collapse: Why Bonds Are Suddenly a Big Deal01:00 - Francis Hunt's Bold 2020 Bond Market Prediction01:26 - How the 40-Year Bull Market in Bonds Ended02:05 - Why the 60/40 Portfolio Strategy Is Failing02:44 - Bond Market Collapse: Why Are Bonds Crashing?02:56 - How U.S. Debt Is Becoming a National Problem03:52 - The Drop in Foreign Demand for U.S. Treasuries04:09 - Why U.S. Banks Are Buying Risky Debt04:35 - What Happens When the World Stops Trusting U.S. Debt05:00 - Debt Ponzi Scheme: How Higher Yields Trigger a Debt Spiral06:07 - Bond Market Collapse: Can Fed Fixed This? 06:29 - Liz Truss and the UK Bond Market: What Happened?06:58 - Donald Trump’s ‘Liz Truss moment’?07:47 - Why Smart Money Is Moving Into Gold?09:24 - Silver: The Best Alternative To Gold10:29 - Francis Hunt’s Final Warning: Bond Market CollapseReplay Video Link: youtu.be/OAnr3y2yjMY #bondmarket #bondinvesting #BondMarketCrash #EconomicCollapse
The Great Taking: How Your Assets Will Be Seized Without You Knowing Noel Lorenzana, CPA 2025-06-03 | What If Your Assets Could Be Taken Legally Without You Knowing?Late one night, I came across a book that shook me: The Great Taking by David Webb. At first, I thought it was just another doom-and-gloom theory. But Webb isn’t a random blogger, he’s a Wall Street insider who’s managed billions and worked with some of the most powerful players in finance.He claims there's a hidden legal structure that could let financial institutions legally seize your assets (your stocks, your retirement accounts, even your cash) and you wouldn’t even know until it's too late. And he backs it up with real laws, financial protocols, and systems already in place.In this video, I break it all down using a fictional “what if” scenario based on actual laws and infrastructure. This isn't fear-mongering, it’s a wake-up call.If you own stocks, have a 401k, or keep money in the bank, this affects you. Make sure you watch till the end to see how it might unfold and what warning signs to look for. Don’t forget to Like, Comment, and Share this with someone who needs to hear it.💜 Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/YSetbtx4364youtu.be/ldbY8qbxALMyoutu.be/pEK2E_u7ULoThanks for watching my video on, "The Great Taking: How Your Assets Will Be Seized Without You Knowing"Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 - David Rogers Webb's "The Great Taking" Explained00:26 - Who Is David Webb And Why Should You Listen?00:41 - The Great Taking: How Your Financial Assets Could Be Seized, Legally 01:06 - How The Great Taking Could Actually Happen02:00 - The Discovery: What The Great Taking Looks Like03:07 - What Triggers The Great Taking?04:15 - What Actually Happens If This Is Triggered04:44 - The Great Taking: The Signal Events05:31 - How The Great Taking Begins06:56 - The Lockdown: Early Warning Signs In The Market08:00 - The Great Taking: Legal Loophole That Lets Them Take Your Assets09:30 - The Restructuring: What Happens During The Great Taking11:50 - The Wake-Up Call: How Some of These Already Happened12:33 - David Rogers Webb's "The Great Taking": Why Take It SeriouslyReplay Video Link: youtu.be/WxJNUeKzaL8#thegreattaking #davidwebb #financialawareness
How to Survive the Coming Collapse — No Fear, Just Facts Noel Lorenzana, CPA 2025-05-24 | How to Prepare for an Economic MeltdownA client of mine once had it all—job, home, savings. Then the 2008 crash hit, and it all fell apart. I’m a CPA, and in this video, I’m sharing real talk about how you can prepare for an economic meltdown before it’s too late.This isn’t about fear. It’s about smart, simple steps anyone can take, like keeping some cash on hand, building a small food supply, or even just learning a new skill. Whether you’ve got a big savings account or are living paycheck to paycheck, there’s something here for you.We'll cover everything from financial prep and physical assets to essential supplies and survival skills. These are the practical moves I recommend based on years of helping others plan smart and stay ahead. Stay tuned and get ready while you still can.💜 Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/YSetbtx4364youtu.be/ldbY8qbxALMyoutu.be/NmytJ-cutY8Thanks for watching my video on, "I’m a CPA. Here’s How to Prepare for an Economic Meltdown"Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 - Are You Prepared For An Economic Meltdown 01:08 - The Calm Before The Storm: How to Prepare For An Economic Crisis?02:30 - Keep Cash Accessible: Why Liquidity Is Important03:40 - Gold And Silver: Why Invest in Physical Assets You Can Hold05:06 - Diversify Out Of The System: Why Diversification Is Important06:32 - Grow Your Own Food: Even A Small Garden Can Help 07:23 - Stock Essentials: Water, Canned Goods, Medicine 08:20 - Energy Alternatives: Solar Lights, Backup Power, Fuel 09:42 - Learn Basic Survival Skills That Matter 10:27 - Surviving The New Normal: People, Trade, And Protection 11:59 - Final Thoughts: How to Survive An Economic Crisis?Replay Video Link: youtu.be/sYwrmtSzvUY#economicmeltdown #economicupdate #useconomy
No Tax on Tips? Shocking New Trump Tax Bill Just Passed! Noel Lorenzana, CPA 2025-05-22 | The House just passed Trump’s massive tax bill overnight — and hidden inside is a game-changing tax break for tipped workers. If you’re a server, bartender, hairstylist, or work in any tipped job, this new bill could let you deduct up to $25,000 in reported cash tips from your federal income taxes.In this video, I break down what just happened, who qualifies, how much you could save, and what comes next. Plus, I touch on other big changes from the bill — like the extension of the Trump tax cuts and a higher SALT deduction cap.▶️ No tax on tips? Almost. But there are some catches.🔔 Subscribe for more honest tax and money updates.youtube.com/@NoelLorenzanaCPA?sub_confirmation=1💜 Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/kJQbdw2BvPIyoutu.be/i-ntNjRBjskyoutu.be/ZWZ4Rpmy_NgThanks for watching my video on, "No Tax on Tips? Shocking New Trump Tax Bill Just Passed!"Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.Replay Video Link: youtu.be/HUswhRMIP24#NoTaxOnTips #TrumpTaxBill #TippedWorkers
Trump: No Tax on Tips, Overtime, or Social Security — And a 68% Hike If It Fails Noel Lorenzana, CPA 2025-05-17 | President Trump just promised Massive Tax Cuts in American history, and a 68% Hike If It Fails. Is it too good to be true? In this video, we break down exactly what Trump said: from no taxes on tips, overtime, and Social Security to interest deductions on American-made cars and even no income tax for those earning under $200K.But here’s the thing: this is just a proposal. Will it pass? And if it does, who benefits, and who pays the price? What happens if this tax plan doesn't pass? Trump warns your taxes could go up by 68%. But is that number real? We’re looking at every piece of this new “Big Beautiful Bill,” the possible benefits, what it means for middle-class families and businesses, and the real cost of these tax cuts.Whether you're a worker, a business owner, a retiree, or just curious about your financial future under this plan, this video covers everything you need to know. Stay tuned!📌 Leave a comment if you agree or disagree with these proposed changes. Do YOU think this tax cut plan is realistic?🔔 Subscribe for more honest tax and money updates.youtube.com/@NoelLorenzanaCPA?sub_confirmation=1💜 Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/kJQbdw2BvPIyoutu.be/i-ntNjRBjskyoutu.be/ZWZ4Rpmy_NgThanks for watching my video on, "Trump Promises the ‘Biggest Tax Cuts Ever’—But At What Cost"Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 - Intro: Trump Tax Cuts 2025 Explained 00:30 - Trump Promises The ‘Biggest Tax Cuts Ever’ 01:45 - Trump's Tax Plan: Big Beautiful Bill Breakdown 03:10 - Trump's Tax Cut Promises: No Tax On Tips And Overtime 03:41 - No Tax On Social Security Benefits 04:08 - 100% Expensing For Businesses In 2025 04:44 - Interest Deduction For American-Made Cars 05:09 - How Will Trump Fund These Tax Cuts? 05:47 - Trump Wants To Eliminate Income Taxes For The Middle Class 06:32 - Can This Tax Plan Actually Pass? 07:07 - Trump’s Biggest Tax Cuts: At What Cost? 07:40 - Conclusion: The Hard Truth About Trump’s Tax Cuts Replay Video Link: youtu.be/RUV3ViGTtXQ#trumptaxes #trumptaxcuts #trumpnews #TrumpTaxCuts #2025TaxPlan #TaxCutsExplained
How to Organize Your Side Hustle Finances Noel Lorenzana, CPA 2025-05-10 | Managing finances for your side hustle doesn’t have to be stressful! In this video, I’ll walk you through simple tips to keep track of your income, expenses, and taxes—without feeling overwhelmed. Whether you're starting out or looking to improve your system, staying organized can save you from tax season stress and help you grow your business confidently. From tools like QuickBooks and Wave to easy tips for organizing receipts and tracking payments, I’ve got you covered!Hit play and let’s make managing your finances a breeze. Don’t forget to check out my Side Hustle playlist for more tips and subscribe for updates on making your side hustle work for you!🚀 Bookkeeping Basics: Learn the Secrets of Effortless Bookkeeping in 60 Minutes or Less!noellorenzanacpa.com/how-to-setup-a-simple-and-effective-bookkeeping-system💜 Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/DiecQ7V6G30youtu.be/ENcLKhZspx8youtu.be/ij7p2vXMsVMyoutu.be/wUP9r-ah2uMThanks for watching my video on, How to Organize Your Side Hustle FinancesDisclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 - Introduction: How to Organize Your Side Hustle Finances01:09 - Why Managing Side Hustle Finances Is Important01:35 - The Importance of Organizing Your Side Hustle Finances02:33 - Understanding Income Tracking: Keeping Tabs on All Your Earnings03:15 - Expense Tracking Tips: How to Monitor Your Spending03:32 - The Role of Receipts: Going Digital With Apps Like Expensify or Wave03:55 - Preparing for Taxes: Setting Aside Money and Avoiding Common Mistakes04:34 - The Value of Quarterly Taxes: Stay Ahead of IRS Requirements04:41 - Keeping Track of Your Expenses: Simplifying your workflow with QuickBooks and Wave06:18 - Best Tools For Financial Recordkeeping: Quickbooks, Wave, Xero Accounting, FreshBooks08:15 - Total Lifesaver: Keeping Your Financial Record Safe and Sound09:17 - Final Tips: Save Time and Grow Your Business Stress-freeReplay Video Link: youtu.be/ZWZ4Rpmy_Ng#sidehustletaxes #sidehustletips #sidehustlefinances
Can Filing Taxes Really Get You Deported?! (Immigrants Beware) Noel Lorenzana, CPA 2025-05-03 | Could Filing Your Taxes Get You Deported? This year, thousands of immigrants are avoiding filing their taxes, not because they want to, but because they are scared. A brand new agreement between the IRS and Homeland Security has many wondering: - Can ICE now get your tax information? - Will filing your taxes put you on an immigration list? - Is it safer to stay hidden? In this video, CPA Noel Lorenzana breaks it all down: - What the new IRS-ICE deal really means for immigrants- Why fear is rising even for people using an ITIN- How to protect yourself and file safelyIf you (or someone you know) are worried that doing the right thing could bring the wrong consequences... You NEED to hear this. The risks are real, but so are your rights. Don't let fear cost you your future. Watch now to find out the truth. (This is not legal advice. Always talk to a qualified immigration lawyer about your situation.)LIKE this video if you learned something, SUBSCRIBE for more updates, and COMMENT below with your experiences, you are not alone.💜 Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/y9ezuoX5r0Qyoutu.be/Iqtb61GReHUyoutu.be/hRurecEVWlIThanks for watching my video on, "Can Filing Taxes Really Get You Deported?! (Immigrants Beware)"Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 - IRS and ICE Agreement: Why Immigrants are Afraid to File Taxes01:45 - A Drop in IRS Tax Filing: What's Really Happening?02:50 - The Fear Behind Filing: Why Are People Scared?03:10 - IRS Privacy Laws and Exceptions Explained 03:39 - How the New IRS and ICE 2025 Agreement Changes Things 04:23 - Recent Developments: What's Fueling This Fear?05:30 - Lingering Fear From Old Immigration Policies 06:04 - What The Law Actually Says About Immigrants and Taxes07:25 - Can Filing Taxes Actually Help Immigrants?08:15 - Financial Benefits Of Filing Taxes 08:50 - What Should Immigrants Do? Tips To File Taxes Safely And Correctly 09:44 - Protect Yourself: Filing Smart In Uncertain Times 10:27 - Final Thoughts: Stay Informed And Protect Your Future Replay Video Link: youtu.be/i-ntNjRBjsk#irsupdates #irsandice #taxfiling
China’s Secret Plot to DESTROY Trump | Leaked Document Revealed 🇨🇳 Noel Lorenzana, CPA 2025-04-26 | What is China’s Secret Plot to Destroy Trump? A leaked CCP document reveals a bold, behind-the-scenes strategy aimed at undermining U.S. power — and Trump’s trade war is right in the crosshairs.In this video, I break down the shocking details of China’s economic strategy, Trump’s latest tariff moves, and the five-part plan that could reshape global trade.Joined by @LeisRealTalk we dig into the real risks behind this growing U.S.-China conflict — and what it could mean for America’s future.Is this the beginning of an all-out economic war… or a wake-up call we can’t afford to ignore?Stay tuned.💜 Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/5Sma0klwmfUyoutu.be/qtwTbrWHXIYyoutu.be/gmewoNZeyHMThanks for watching my video on, "China’s Secret Plot to DESTROY Trump | Leaked Document Revealed "Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 - Introduction: Trump Vs. China Trade War 01:48 - Trump's Trade War With China Latest Update 03:26 - China's Master Plan 04:07 - Strategy One: Global Alliance Building 04:35 - Strategy Two: Financial Warfare 05:15 - Strategy Three: Domestic Survival Mode 05:38 - Strategy Four: Strengthen Ties With Anti-US Allies 06:02 - Strategy Five: Prepare For War 07:19 - Trump's Tariffs China: 2025 News Update | 10% Baseline Tariffs 09:04 - Trump's Long Game: Project 2025 And The "Mar-A-Lago Accord" 09:27 - Project 2025 Explained In Detail (Unbiased) 10:27 - What Is Trump's Mar-A-Lago Accord? 11:42 - President Donald Trump's Tariffs: The Market Reacts 12:31 - Donald Trump Hints At First Trade Deal 13:35 - Is Trump Putting The US Dollar At Risk? 15:14 - Final Thoughts: Is Trump's Trade Strategy The Reset We Need?Replay Video Link: youtu.be/YSetbtx4364#trumpvschina #usvschina #chinavsamerica
QuickBooks vs. Xero 2025: The Best Accounting Software for Your Business? Noel Lorenzana, CPA 2025-04-19 | Check out the great solutions our sponsor, Melio, offers!: go.melio.com/NoelQuickBooks vs. Xero: Which One is Best for Your Business in 2025?Sign up for Xero using: noellorenzanacpa.com/xero Are you stuck choosing between QuickBooks and Xero for your business? Both are top accounting software options, but which one is the best fit for you? In this video, I break down their features, pricing, and usability to help you decide.As a QuickBooks Online ProAdvisor and Xero Certified Advisor, I’ve used both extensively and will share my honest insights.Topics Covered:✅ QuickBooks vs. Xero: Which is easier to use?✅ Cost comparison: Is QuickBooks worth the price?✅ Best features: What sets each software apart?✅ My personal experience using bothWatch until the end to find out my final thoughts on the best accounting software for your business in 2025! Which software do you prefer: QuickBooks or Xero? Drop your thoughts in the comments! Be sure to subscribe for more tax and accounting tips!💜 SPONSORED BY MELIOThis video is sponsored by Melio, a game-changer for managing accounts payable and accounts receivables. If you're an accountant or business owner looking to streamline payments, Melio integrates seamlessly with QuickBooks and Xero. go.melio.com/Noel💜 Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/E-X9penehqAyoutu.be/tNA3roDnQFcyoutu.be/X1dCHl4Vc64Thanks for watching my video on, QuickBooks vs. Xero 2025: The Best Accounting Software for Your Business?Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 - The Best Accounting Software for Your Business01:21 - Quickbooks Vs. Xero Comparison01:45 - Quickbooks: The Market Leader02:23 - Why Quickbooks is so Popular?02:55 - The Drawbacks of Quickbooks03:27 - My Personal Opinion on Quickbooks as a CPA04:45 - Introducing Melio: Essential For Your Accounting Tech Stack07:55 - Xero: The Modern Contender08:30 - Why Xero Is Gaining Popularity?09:25 - The Drawbacks of Xero10:28 - My Personal Opinion on Xero as a CPA11:30 - Quickbooks Vs. Xero: Side-by-Side Comparison14:03 - Which One Is Best for Your Business?Replay Video Link: youtu.be/kJQbdw2BvPI#quickbooks #xero #accountingsoftware
What You Think You Know About SAVING Money Might Be Wrong Noel Lorenzana, CPA 2025-04-12 | SECRETS to Saving Money REVEALED. If you're SAVING MONEY the way most people do, you might actually be getting poorer due to inflation or dollar inflation. Here's the uncomfortable truth: the traditional methods you've been taught to save money are gradually losing you money year after year. And the worst part is, you probably haven't even realized it's happening. At the end of the day gold is money and silver is money.Hi, I'm Noel Lorenzana. I'm a CPA, and I recently passed the Series 65 securities exam. So let's just say I know a thing or two about money and finance. But more importantly, I'm someone who's seen too many good people lose out because nobody explained to them how inflation was quietly destroying their savings.Today, I'm going to explain why the old-school approach to saving money no longer makes sense and, more importantly, what you can do right now to protect your hard-earned savings. Stay tuned!💜 Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/VBAy68ELSqQyoutu.be/jw1E4xExwP8youtu.be/Z0jtyr3VKQsThanks for watching my video on, "What You Think You Know About SAVING Money Might Be Wrong"Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 - Introduction: SECRETS to Saving Money REVEALED01:20 - The Problem: Inflation Is Quietly Eroding Your Savings03:22 - Why Your Money Keeps Losing Value06:25 - How This Quietly Affects Your Everyday Life08:01 - But What About Hield-Yield Savings Accounts and CDs?09:23 - The Secret to Beating Inflation: How to Protect Your Money09:53 - Number One. Precious Metals.10:25 - Number Two. Real Estate.10:52 - Number Three. Stocks and Index Funds.11:23 - Number Four. Commodities and Hard Assets.11:44 - Number Five. Treasury Inflation-Protected Securities or Tips.12:08 - Protecting Your Money: Key Takeaway12:38 - Personal Story: Why You Should Stop Saving Money 14:19 - Final Thoughts: Saving Money Tips 2025Replay Video Link: youtu.be/ldbY8qbxALM#inflation #dollarinflation #goldismoney #silverismoney
Triffin’s Dilemma | The Problem With a Strong U.S. Dollar 🇺🇸 Noel Lorenzana, CPA 2025-04-05 | Learn why the strong US dollar is hurting Americans. In this video I explain Triffin’s Dilemma, and how the U.S. Dollar is crushing the American Dream.You've probably noticed that everything—from rent and groceries to mortgage rates and insurance premiums—keeps going up. Sure, inflation plays a role, but there's a deeper issue at work.A hidden force behind these changes involves the U.S. dollar’s role in the global economy. And it all ties back to Triffin’s Dilemma—a paradox that has been challenging economists for over 60 years.In this video, we break down:✅ Why the U.S. must keep printing dollars✅ Why trade deficits are necessary to maintain the dollar’s global dominance✅ How the dollar’s strength is both a blessing and a curse for Americans✅ The real reason your cost of living keeps risingThis video was Inspired by Brent Johnson’s video on Triffin's Dilemma. Check out his insights for a deeper dive. @MilkshakesPod What do you think? Is the benefit of having the U.S. dollar as the world’s reserve currency worth the economic struggles we face today? Let me know in the comments!💜 Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/5Sma0klwmfUyoutu.be/gmewoNZeyHMyoutu.be/JXgEoQkrNDoThanks for watching my video on, "How the U.S. Dollar is Crushing the American Dream"Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 - The U.S. Dollar And Its Role On The World's Global Stage01:05 - Why The Dollar's Strength Is Both A Blessing And A Curse01:26 - What Is Triffin's Dilemma?02:04 - Trade Deficit: What Does It Mean?02:32 - Why Should I Care About Trade Deficits?03:57 - How Is This Affecting Us Right Now?04:38 - A Strong Or Weak Dollar: Which Benefits Americans?05:25 - How Long Can We Keep This Up Before It Becomes Unsustainable?06:00 - The Global Impact Of The U.S. Dollar's Role06:45 - Dollar Dependence And The Issue Of Exorbitant Privilege07:26 - Gold Prices And Dollar Currencies08:22 - What Are The Possible Solutions To This Dilemma?09:11 - If The U.S. Started Running Consistent Trade Surpluses10:37 - How Long Can The System Hold?10:50 - The Continuous Need To Print DollarsReplay Video Link: youtu.be/NmytJ-cutY8#usdollar #useconomy #dollarcollapse
When to Hire a Tax Pro for Your Side Hustle Noel Lorenzana, CPA 2025-03-29 | Side hustles can be a great way to earn extra income, but they also come with tax responsibilities. If you're making over $400 from self-employment, the IRS expects you to report it. But when your earnings hit five figures, things get even more complicated.In this video, we break down:✔️ When to consider hiring a Tax Pro✔️ How to maximize deductions while avoiding Audits✔️ Advanced Side Hustle Tax Planning Techniques✔️ The benefits of having a Tax Professional✔️ How to find the right Tax Pro for youA tax professional can help you avoid penalties, keep more of your hard-earned money, and ensure you’re meeting IRS requirements. Whether you sell on Etsy, do freelance work, or have multiple income streams, understanding tax rules is key to keeping more of what you earn.Stay tuned and Subscribe for more tax and side hustle tips!💡 FULL COURSE: Mastering Your Side Hustle Taxesnoellorenzanacpa.com/how-to-file-taxes-for-your-side-hustle📘 FREE Download for Freelancers & Side Hustlers: Ultimate Guide to Side Hustle Taxes! noellorenzanacpa.com/opt-in-filing-taxes-and-saving-money-ebook💜 Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 FREE Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/DiecQ7V6G30youtu.be/ENcLKhZspx8youtu.be/ZWZ4Rpmy_NgThanks for watching my video on, "Why Smart Side Hustlers Hire Tax Pros?"Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 - Intro: Avoiding Tax Headaches In Your Side Hustle00:50 - When Do You Hire a Tax Pro for Your Side Gig?01:41 - How a Tax Pro Helps Maximize Your Savings02:03 - Full Course: Basic Reporting to Advanced Tax-saving Strategies02:34 - The Complexity of Side Hustle Taxes04:32 - Avoiding Audits for Your Side Hustle Taxes05:12 - Mixing Business & Personal Finances06:20 - Advanced Side Hustle Tax Planning Techniques07:44 - Qualified Business Income Deduction08:37 - The Benefits of Hiring a Tax Professional09:47 - How to Find a Good Tax Professional11:06 - Final Thoughts: Why Hiring a Tax Pro Makes Your Life EasierReplay Video Link: youtu.be/y9ezuoX5r0Q#sidehustlepro #sidehustletips #taxprofessional
Illinois is Cooked. Uncovering the Harsh Reality Behind Its Money Crisis Noel Lorenzana, CPA 2025-03-22 | Is Illinois broke? With the state's financial crisis deepening, it's the taxpayers who are paying the price.I live in Illinois, and I've lived here most of my life. I love it here. It's got that Midwestern charm, lovely people, great schools, a beautiful Lake Michigan, and incredible downtown Chicago. But I strongly feel that Illinois is cooked, financially speaking.With an out of control budget, rising debt, and no clear solution in sight, Illinois might be heading toward a financial disaster. In this video, we break down the shocking truth about Illinois’ budget, pensions, taxes, and economic future.If you live in Illinois or are thinking about moving, you need to know what’s going on. Stay tuned as we go through the numbers and what they mean for you.What do you think? Should Illinois cut spending, raise taxes, or try something else? Let us know in the comments!Don't forget to like, subscribe, and hit the notification bell for more updates on the economy, taxes, and financial news!If this video got you thinking about this challenging economy we're facing, then you'll want to watch this video where stock market expert Peter Grandich shares his shocking market crash prediction 👉🏻 youtu.be/9Az3idSaki0💜 Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/5Sma0klwmfUyoutu.be/hRurecEVWlIyoutu.be/pEK2E_u7ULoThanks for watching my video on, "Is Illinois Cooked? The Shocking Truth About Its Fiscal Crisis"Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 - Introduction: Is Illinois Cooked?00:25 - The State’s Budget is Out of Control01:00 - Analyzing Illinois' FY 2026 Budget01:33 - $55.2 Billion Budget: Can Illinois Afford It?02:05 - Illinois’ Growing Pension Crisis02:34 - What If the Economy Takes a Hit?02:59 - Medicaid & Social Services: A Hidden Cost?03:24 - Infrastructure Spending: Smart or Risky?03:45 - Debt, Taxes & Federal Support Concerns04:55 - Illinois Population Decline & Economic Risks05:50 - What This Really Means For You?06:05 - Illinois Faces Financial Challenges Despite Higher Taxes06:35 - Illinois' Tough Choice: Cut Spending or Raise Taxes Even More07:31 - Where Does That Leave The Average Taxpayer?07:55 - Can Illinois Fix This or Is It Too Late?08:58 - What's Really Happening?09:39 - The Uncertain Lifeline of Federal Funding10:53 - What's The Way Out of This Mess?12:18 - Final Thoughts & Call to ActionReplay Video Link: youtu.be/6BGh58bUwpE#IllinoisCrisis #IllinoisTaxes #illinois #illinoisstate
Is the United States on the Brink of Collapse? Noel Lorenzana, CPA 2025-03-15 | Is the United States on the Brink of Collapse? Rising inflation, an all-time high national debt, weakening infrastructure, and a divided America are all warning signs. History shows no empire can remain on top forever. Are we seeing the same cycle of growth and decline experienced in previous civilizations?In this video, we discuss the warning indicators, ranging from economic instability to societal disintegration. Is America at a turning point, or is there still time to change course?Watch till the very end and leave your opinions in the comments. Don't forget to like, share, and subscribe for more content like this!💜 Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/jaUPcqf0NQ8youtu.be/8P0IvxXwBcEyoutu.be/AL62LiFMD3AThanks for watching my video on, "Is the United States on the Brink of Collapse?"Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 - The Warning Signs of America’s Collapse01:09 - A Nation Built on Strength01:38 - United States in the Mid-20th Century: America's Golden Age02:02 - Arnold Toynbee's The Rise and Fall of Civilizations02:56 - The Decline of America: Warning Signs03:41 - The US Economy: Inflation, Debt, and Economic Instability04:33 - The America Feels More Divided Than Ever05:49 - History Repeats Itself07:01 - The Fourth Turning: The Crisis07:47 - Can We Avoid the Total Collapse?08:08 - President Trump: The Disruptor in Chief09:41 - What We Can Do Now?10:41 - What If The US Dollar Became Worthless OvernightReplay Video Link: youtu.be/5Sma0klwmfU#uscollapse #useconomy #americascollapse
Is Your Tax Return Being Done Overseas? Noel Lorenzana, CPA 2025-03-08 | Is your tax return being prepared overseas without your knowledge? Many tax preparation companies outsource work to other countries, and your personal information might be sent there.In this video, I’ll explain how this happens, why it matters, and what you can do to protect yourself.Some tax firms bury this in paperwork most people don’t read, and once you sign, your private data could be sent to another country. We’ll go over IRS Form 7216, why it’s important, and what it really means for you.Make sure your tax return stays in the U.S. if that’s your preference. Watch this video to learn how.💜 Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/_ko4et0aIcEyoutu.be/y9ezuoX5r0Qyoutu.be/qtwTbrWHXIYThanks for watching my video on, "Is Your Tax Return Being Prepared Overseas?"Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 - The Risk of Offshoring Tax Returns01:44 - Is There Really An Accountant Shortage in the U.S?02:52 - What Is Offshoring, and Why Does It Matter?03:40 - Tax Return Information Sent Overseas Without Consent?04:39 - Mandatory Internal Revenue Code 7216 Disclosure and Consent05:20 - How to Keep Your Taxes Prepared Strictly in the United States06:39 - Should The Government Get Involved?07:33 - How to Get an Identity Protection PIN (IP PIN)Replay Video Link: youtu.be/Iqtb61GReHU#taxreturns #taxpreparation #taxpreparationservices
The IRS is Coming For You. (1099-K Final Update) Noel Lorenzana, CPA 2025-03-01 | The IRS is tightening its control over payment processors such as PayPal, Venmo, and Cash App. If you earn money online—whether as a freelancer, small business owner, or side hustler—these changes will affect you.The new 1099-K reporting rules are being phased in:✅ $5,000 threshold in 2024✅ $2,500 threshold in 2025✅ $600 threshold in 2026This means more transactions will be reported to the IRS than ever before. If your income isn’t reported correctly, you could face penalties or even an audit.What Should You Do?• Keep track of your income and expenses• Maintain organized records• Make sure your tax return matches your 1099-K formsDon't let these 1099K changes catch you off guard; check out my full 1099K playlist. If you spend a few minutes, you should be able to find the answers you're looking for.📌 1099 K Updates Playlist: youtube.com/playlist?list=PLg9c2lmMoV-3rOEPlXLpwksnExH98jDf_💜 Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/oZcLFI7-wegyoutu.be/Odjwxwz9Ba8youtu.be/gkfJM46Afmcyoutu.be/F5Ve0z_4JgkThanks for watching my video on, "The IRS is Coming For You."Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 - The New 1099-K Reporting Rules Updates01:30 - The New 1099k Rule (The $5,000 Threshold in 2024)01:57 - Why Does It Matter?02:35 - IRS sets $2500 Threshold for Form 1099-K in 202503:23 - The 1099-K $600 Reporting Threshold in 202603:42 - The $600 Threshold: Who Needs to Worry03:59 - What If I Don't Report My 1099-k Income?04:17 - What to Do If You Received a 1099-K for Personal Transaction?04:36 - 1099-K Trigger Examples and ScenariosReplay Video Link: youtu.be/hRurecEVWlI#1099k #1099Kupdate #new1099k
Tesla Pays No Taxes?! Here’s How They Do It (Accountant Explains) Noel Lorenzana, CPA 2025-02-22 | Ever wondered how Tesla makes billions but pays zero in federal taxes? It sounds unreal, but it's completely legal!In this video, we break down the tax credits, deductions, and strategies Tesla uses to minimize its tax bill. From selling environmental tax credits to carrying forward past losses, Tesla has mastered the tax system. Plus, Elon Musk’s unique stock-based compensation plays a big role in reducing taxes.Watch until the end to understand why this matters and what it means for everyday taxpayers like you.💜 Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/tdoq7J9v2Xwyoutu.be/6bdN7LvsZ8kyoutu.be/2209KQb5VS8Thanks for watching my video on, "Ever Wonder How Tesla Pays Zero in Taxes?"Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 - Tesla Makes Billions, Pays Zero in Taxes00:57 - How Tesla Uses Tax Credits to Save Big01:32 - Tesla Selling Excess Tax Credit 202302:13 - Tesla Tax Strategy: Carrying Forward Losses to Reduce Taxes03:03 - Research & Development Tax Credits Explained03:44 - Tesla CEO, Elon Musk's Compensation04:27 - How Global Tax Incentives Help Tesla05:01 - Big Companies' Legal Tax Breaks: What This Means for Taxpayers05:18 - So How Do We Fix This?06:11 - Call For Reform: A Fair Tax SystemReplay Video Link: youtu.be/_ko4et0aIcE#TeslaTaxes #TaxLoopholes #ElonMusk
Will Trump Eliminate Income Tax in Favor of Tariffs? Noel Lorenzana, CPA 2025-02-15 | President Trump has proposed abolishing federal income taxes and funding the government primarily through tariffs. This idea is shaking up discussions about how taxes work in the U.S.In this video, we’ll break it down:✅ How the U.S. used tariffs for revenue before income tax existed✅ What this plan could mean for economy, businesses, and everyday Americans✅ How it could affect prices, trade, tax collection and government fundingBy the end of the video, you'll have a clear understanding of the potential benefits and significant challenges of moving away from an income tax-based system to a tariff-based system.Replacing Federal Income Tax with Tariffs sounds simple, but could it really work in today’s economy? What do you think about this idea? Would you rather pay higher prices on goods instead of income taxes? Let me know in the comments!💜 Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/gmewoNZeyHMyoutu.be/AL62LiFMD3Ayoutu.be/pEK2E_u7ULoThanks for watching my video on, "Trump's Plan to Eliminate Income Tax with Tariffs Explained"Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 - Trump’s Big Tax Plan: No More Income Tax?00:56 - What is Tariff: How the U.S. Used Tariffs Before Income Tax01:38 - How the Government Makes Money Now01:49 - Comparison: Current Tax System Vs Trump's Proposed Plan02:39 - How Tariffs Could Affect You, Everyday Americans03:11 - Potential Impacts of Tariffs on the Economy03:26 - Tariff-based System: Implications for Tax Collection04:00 - Tariff-based System: Implications for The Funding of Public Services04:13 - Conclusion: President Donald Trump's Tariff PlansReplay Video Link: youtu.be/qtwTbrWHXIY#Trump2025 #trumptariffs #taxcuts #trumpplan
Will Trump Crash the Economy in 2025? Noel Lorenzana, CPA 2025-02-08 | In just a few weeks into 2025, President Trump has made big economic moves—some say they’re needed, others fear they could lead to disaster. From new tariffs that drive up prices to federal worker cuts that slow down services, these policies are already affecting everyday Americans. Are we heading for a recession, or is this just short-term pain for long-term gain?Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/AL62LiFMD3Ayoutu.be/pEK2E_u7ULoyoutu.be/jaUPcqf0NQ8Thanks for watching my video on, "Will Trump Crash the Economy in 2025?"Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 - Introduction: Trump’s Economic Moves in 202500:56 - Current Economic Climate: Is a Recession Coming?01:20 - U.S. Economic Trends: GDP & Unemployment01:45 - Consumer Spending & Market Trends02:12 - Business Slowdown & Job Cuts 02:39 - The IRS Hiring Freeze & Tax Refund Delays03:00 - Lessons from The Great Depression of 192903:43 - Comparing Today to the Great Depression 04:45 - What Economic Experts and Economists Are Saying06:40 - Future Outlook: 2025 Predictions07:01 - Key Takeaways: What This Means for YouReplay Video Link: youtu.be/gmewoNZeyHM#Trump2025 #USEconomy #economicrecession
What They Arent Telling You About the Global Economy? Noel Lorenzana, CPA 2025-02-01 | The global economy in 2025 is going through tough times. With global debt reaching $307 trillion, inflation staying high, and interest rates rising, many of us feel the impact—whether it’s higher prices at the store, expensive energy, or loans that cost more.This video looks at key problems like debt, inflation, new tech like AI and automation, and resource shortages, like water and food. But there’s hope—innovative solutions are being tried. Are they enough?So what's your take on the economic outlook for 2025? Are you feeling optimistic, cautious or something else? I want to hear from you. Please share your thoughts with me in the comment section below. I'd love to start a conversation about how we can all better prepare for the changes ahead.Remember, staying informed is the key to not just surviving, but thriving in this challenging economic environment. If you found this video insightful, please do me a favor and hit that like button and consider subscribing to stay connected. Thanks for watching, and see you in another video! Special shout out to @Modernbirthdaysongs 💜 Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/jaUPcqf0NQ8youtu.be/8P0IvxXwBcEyoutu.be/5d5rKm_2OQEyoutu.be/QQzj8KYgftMThanks for watching my video on, "What They Aren't Telling You About the Global Economy?"Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 - Introduction: The Economic Challenges Shaping 2025.00:43 - The Global Debt Crisis: What Happens If the Debt Bubble Bursts?01:00 - Balancing the Inflation Tightrope02:13 - How AI Technology Is Reshaping Industries, Jobs, and Opportunities04:23 - The Growing Challenge of Resource Scarcity05:54 - So How Do We Respond to These Challenges?06:08 - Emerging Markets and the New Global Landscape07:28 - Navigating the Economic Waters of 2025 and Beyond07:54 - Final Thoughts: What We Can Do to Adapt to These Economic Challenges.Replay Video Link: youtu.be/AL62LiFMD3A#economy #globaleconomy #useconomy
Your Data Has Been Hacked! Secure Your IRS Tax Account NOW Noel Lorenzana, CPA 2025-01-25 | Your personal data could be in the hands of cybercriminals right now! In this video, I'll explain how one of the largest data breaches ever has exposed millions of Americans’ personal data, including Social Security numbers, birth dates, and even mortgage records. Learn how criminals can file fraudulent tax returns in your name and steal your refund – and most importantly, find out how to secure your IRS tax account with an IRS IP PIN to protect yourself. I'll also be sharing other ways to protect yourself against Identity Theft towards the end of the video. Stay safe and avoid the nightmare of identity theft!💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/rJgzYcVYDRwyoutu.be/U5MV5W4IsuMyoutu.be/ZQ9GGjq3WbcThanks for watching my video on, Your Data Has Been Hacked! Secure Your IRS Tax Account NOWDisclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 - National Public Data Breach: What You Need to Know01:04 - The Best Protection: IRS IP Pin01:32 - How Hackers Use Your Data for Tax Fraud?02:02 - Tax Identity Theft: What Happens?02:36 - Why Do You Need an IRS IP PIN Right Now?02:55 - How to Get an IRS IP PIN? Steps to Get One03:35 - What If You Can't Recover Your IRS IP PIN?04:48 - Taxpayer Guide to Identity Theft: What to Do if You're a Victim?07:39 - Preventing Tax Fraud and Identity TheftReplay Video Link: youtu.be/y2aBtNH7gu0#databreach #taxpayers #cybersecurity
Why You Cant Trust Government Data Noel Lorenzana, CPA 2025-01-18 | Have you ever wondered if the government data we rely on is telling the whole truth? In this video, we break down why you can't always trust government statistics, especially when it comes to job numbers, inflation, and other key economic indicators.From massive job revisions that go unnoticed by the public, to misleading reports about the economy's health, we explore the reality behind the numbers. You’ll see how false confidence from these reports can affect your financial decisions and what it means for your future.In addition, we share some steps you can take to protect your financial well-being in an uncertain economy. Don't be caught off guard by the numbers that are often too good to be true.💜 Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/jaUPcqf0NQ8youtu.be/pd2zEwca-lgyoutu.be/QDCTxAO2OKQThanks for watching my video on, "Why You Can't Trust Government Data"Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️0:00 - Introduction: Can We Trust Government Data?2:00 - Unreliable Economic Indicators2:45 - Job Market Revisions: A Closer Look3:30 - Example: March 2023 Job Report Adjustment4:15 - Why Do Job Revisions Keep Happening?5:00 - Layoffs: The Ripple Effect5:40 - Bankruptcies on the Rise6:20 - Credit Card Defaults Hit Record Highs7:00 - Cracks in the Housing Market7:40 - The Bigger Picture: An Economy Under Pressure8:20 - Why This Matters to You8:40 - Protect Yourself: Practical TipsReplay Video Link: youtu.be/pEK2E_u7ULo#governmenttransparency #governmentdata #usgovernment
The Tragic Tale of Bench Accounting: From Startup Darling to Bankruptcy Noel Lorenzana, CPA 2025-01-11 | Bench Accounting Bankruptcy: Imagine waking up to find your entire financial history has vanished. That’s exactly what happened to 35,000 small business owners when Bench Accounting abruptly shut down on December 27, 2024.In this video, we'll discuss the rise and fall of Bench Accounting, a company that once promised to simplify bookkeeping for small businesses but ended up leaving many of its customers in chaos. We'll discuss what went wrong, from its early success to its shocking shutdown and sudden acquisition by Employer.com.Could Bench have been saved? What lessons can small business owners and startups learn from this?👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370💜 Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.comHey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/oZcLFI7-wegyoutu.be/JXgEoQkrNDoyoutu.be/Gsp8AMfy0tMThanks for watching my video on, "The Tragic Tale of Bench Accounting: From Startup Darling to Bankruptcy"Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 - Introduction: Bench Accounting's Tragic Bankruptcy02:30 - Bench Accounting: Founder and CEO (The Turning Point)04:04 - Bench Accounting: The Fall (Operational Struggles and Collapse)05:52 - Bench Accounting News: Acquired by Employer.com06:54 - The Fall of Bench Accounting: Lessons Learned07:08 - Lesson 1. Founders Matter07:43 - Lesson 2. The Dangers of Scaling Too Fast.08:11 - Lesson 3. Always Back Up Your Financial Data.09:01 - Lesson 4. The Reality of Tech-Driven Bookkeeping09:41 - Bench Accounting Rise and Fall: Insights & Takeaways10:17 - Bench Accounting Customers: What You Should Do NowReplay Video Link: youtu.be/7i4PRtouqTo#benchaccounting #bookkeepingtips #smallbusinesstips
What You NEED To Know About The NEW 1099-K Reporting Rules (Changes Explained!) Noel Lorenzana, CPA 2025-01-04 | *Correction* Per IR-2024-299, Nov. 26, 2024, the IRS has provided transition relief as follows: Under the guidance issued today, TPSOs will be required to report transactions when the amount of total payments for those transactions is more than $5,000 in 2024; more than $2,500 in 2025; and more than $600 in calendar year 2026 and after.If you're a freelancer, small business owner, or side hustler using payment apps like PayPal, Venmo, or Cash App, this video is for you. Big changes are coming in 2024 for 1099 K reporting, and they could make tax season more complicated than ever.In this video, I explain the new 1099-K rules, including the lowered $5,000 threshold for payment processors. I’ll break down what these changes mean for your taxes, how to prepare now, and why accurate reporting is key to avoiding IRS issues. Plus, I’ll cover the upcoming $600 threshold for 2025 and what you should do to stay ahead.By the end of this video, you’ll know exactly how to handle these changes, track your payments, and file your taxes confidently. Don’t let these new rules catch you off guard—stay organized, verify your 1099-K, and report everything accurately.If you found this video helpful, give it a thumbs up, subscribe for more updates, and leave your questions in the comments. I’ve also linked additional resources to help you navigate the 1099-K process, including step-by-step guides.💜 Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/oZcLFI7-wegyoutu.be/Odjwxwz9Ba8youtu.be/gkfJM46Afmcyoutu.be/F5Ve0z_4JgkThanks for watching my video on, "The New 1099-K Reporting Rules You NEED to Know (2024 Changes Explained!)"Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 - Introduction: The New 1099-K Reporting Rules 202401:02 - What’s Changing in 2024? Lower Threshold Details02:25 - What to Expect in 2025: The $600 Threshold03:35 - Who Needs to Worry & Who Is Affected by These Changes?04:47 - Tax Implications: What Income is Taxable?06:00 - How This Will Affect Your 2024 Tax Filing06:36 - How to Handle a 1099-K Form: Where to Report It07:36 - What You Need to Do Right Now: Key Steps to Prepare Now09:04 - When to Consult a Tax Professional09:18 - Final Thoughts: Staying Ahead of the New RulesReplay Video Link: youtu.be/JXgEoQkrNDo#1099k #1099Kupdate #new1099k
Is the Economy Headed For Trouble? It Might Depend on Who You Voted For Noel Lorenzana, CPA 2024-12-28 | The economy feels like it’s telling two completely different stories. For some, it’s a time of record profits, booming markets, and rising property values. For others, it’s a constant struggle with rising costs, stagnant wages, and the dream of financial stability slipping further away.In this video, we take a closer look at why opinions about the economy are so divided. Are we really heading toward an economic collapse, or is this just fear amplified by the media? We’ll explore how political affiliation and media consumption shape our views, discuss the impact of Trump’s tariffs, and dive into why emotions often cloud our judgment about what’s really happening.Through it all, the key takeaway is clear: staying grounded in facts and focusing on what you can control are the best ways to navigate uncertain times. Whether you’re a business owner, an employee, or just trying to make sense of the headlines, this video will help you cut through the noise and get a clearer picture of the economy.If you found this video helpful, don’t forget to like, comment, and subscribe. Share your thoughts about the economy, Trump’s tariffs, or how you’re navigating these times in the comments below!💜 Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/8P0IvxXwBcEyoutu.be/5d5rKm_2OQEyoutu.be/QQzj8KYgftMThanks for watching my video on, Is the Economy Really Headed For Trouble? It Depends on Who You Voted ForDisclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 - Introduction: Is the Economy in Trouble?01:01 - The Tale of Two Economies: Boom vs. Struggle02:17 - Which Economy Are We Really Living In?02:35 - Emotional Reactions Vs. Emotional Reality04:40 - The Numbers Don't Lie, But Emotions Can Cloud Judgment05:14 - Is The Economy Perfect? | Staying Grounded In The Facts05:30 - Donald Trump's Proposed Tariffs05:55 - Are Tariffs a Disaster or a Defensive Strategy?06:55 - Your Opinion On The Tariffs | Political Affiliation07:53 - Economic Reality Vs. The Media Narrative10:09 - Economic Reality: What Can We Take Away From All This?10:38 - Staying Focused And Moving Forward11:35 - Steps to Stay Focused On Your Business or Financial HealthReplay Video Link: youtu.be/jaUPcqf0NQ8#economy #useconomy #economicupdates
Breaking!! BOI Update: Its Time to File – Appeals Court Lifts Injunction Noel Lorenzana, CPA 2024-12-24 | 3/2/25 UPDATE: BOI is officially finished!! The Treasury Department announced it would no longer enforce the Corporate Transparency Act, nor enforce any penalties or fines associated with beneficial ownership reporting under the existing regulatory deadlines.12/27 UPDATE: as of just a couple hours ago, the Fifth Circuit reversed their own stay while they're deciding the case. This means the injunction is back on and there's currently no enforceable BOI reporting requirement. In a major development with BOI Filing (Corporate Transparency Act), the 5th Circuit Court of Appeals has paused the district court's order blocking the BOI reporting requirement. In this video, we break down the worst-case scenario for BOI filers and what this means for those required to submit their information. Don't miss this crucial update on the latest legal shift!💜 Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/jRjraHXrgbUyoutu.be/ENcLKhZspx8youtu.be/yduU8lvZgBwThanks for watching my video on, Breaking!! BOI Update: It's Time to File – Appeals Court Lifts InjunctionDisclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.Replay Video Link: youtu.be/Gsp8AMfy0tM#boi #boireport #fincen
How to Profit From Your Investment Losses (2025) Noel Lorenzana, CPA 2024-12-21 | This year, the stock market has had a strong run, with many investors seeing gains in their stock portfolios. But what if some of your investments didn’t perform as well?Here’s the good news: even if you’ve experienced losses, you can use them strategically to reduce your tax bill. Whether you're planning for this year or preparing for the future, understanding stock loss harvesting strategies can help you offset gains, reduce your taxable income, and keep more of your money in your pocket.In this video, I’ll break down the essentials of stock loss harvesting, including how it works, how to navigate the IRS wash sale rule, and how to make the most of your investments—even when they don’t go as planned. Whether you’ve had a winning year or are looking to learn strategies for the next one, stick around—these tips could save you big, come tax time. Stay Tuned!💜 Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/8P0IvxXwBcEyoutu.be/5d5rKm_2OQEyoutu.be/QQzj8KYgftMThanks for watching my video on, Slash Your Tax Bill with STOCK LOSS HARVESTING Strategies!Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 - Introduction: STOCK LOSS HARVESTING Strategies01:02 - What is Stock Loss Harvesting?01:24 - How Stock Loss Harvesting Works?02:43 - The IRS Wash Sale Rule: What You Need to Know02:59 - How Does the IRS Wash Sale Rule Work?03:23 - Why Does the Wash Sale Rule Exist?03:43 - What Happens If You Trigger a Wash Sale?04:48 - How to Avoid the Wash Sale Rule?05:46 - BONUS TIP: The Wash Sale Rule and Cryptocurrency06:19 - Pro Tip: Keep Records Organized06:51 - Key Takeaways and Action StepsReplay Video Link: youtu.be/oZcLFI7-weg#stockloss #stockinvesting #stocklossharvesting
Banks Are Vulnerable, Fintechs Are Worse: Protect Yourself NOW! Noel Lorenzana, CPA 2024-12-14 | Imagine waking up one day, logging into your bank account, and seeing a balance of zero. No warning, no safety net—just gone. This is the harsh reality many are facing today. Banks are under pressure like never before, and fintech startups? They often lack the safeguards to protect your savings.In this video, I’ll break down:• Why traditional banks aren’t as safe as they seem.• The hidden dangers of fintech startups like Synapse and Yotta.• Real-life stories of people losing their savings overnight.• Practical steps you can take right now to safeguard your money and avoid falling into these traps.Hi, I’m Noel Lorenzana, a CPA dedicated to helping you protect your wealth and stay informed about financial risks. Don’t let flashy promises and high returns blind you to the risks. I’ll share actionable advice to help you navigate these challenges and secure your financial future. Watch till the end for tips on wealth preservation and protecting your savings. Stay tuned!💜 Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/QQzj8KYgftMyoutu.be/2209KQb5VS8youtu.be/oZcLFI7-wegThanks for watching my video on, Banks Are Vulnerable, Fintechs Are Worse: Protect Yourself NOW!Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 - Introduction: Banks Are Vulnerable, Fintechs Are Worse01:05 - Why Am I Saying Banks Are Shaky?01:51 - Real Risk & Red Flags: Fintech Companies03:13 - Red Flag No.1 Unproven Track Record03:50 - Red Flag No.2 Unsustainable High Yields04:29 - Red Flag No.3 Lack of Transparency05:02 - Red Flag No.4 Over-the-Top Promises or Gimmicks05:32 - The Synapse-Yotta Tragedy: When Trust Backfires08:02 - How to Protect Yourself and Preserve Your Wealth08:21 - Step No.1 Stick with Proven Institutions08:54 - Step No.2 Verify FDIC Insurance 09:43 - Step No.3 Diversify Where You Store Your Money10:02 - Step No.4 Focus on Wealth Preservation, Not High Returns 10:34 - Step No.5 Do Your Homework10:58 - Conclusion: Protecting Your Savings & FutureReplay Video Link: youtu.be/cOxwGGwDBt4#yotta #synapse #evolvebank
BOI Reporting Ruled Unconstitutional | Corporate Transparency Act Temporarily Blocked! Noel Lorenzana, CPA 2024-12-07 | 3/2/25 UPDATE: BOI is officially finished!! The Treasury Department announced it would no longer enforce the Corporate Transparency Act, nor enforce any penalties or fines associated with beneficial ownership reporting under the existing regulatory deadlines.12/27 UPDATE: as of just a couple hours ago, the Fifth Circuit reversed their own stay while they're deciding the case. This means the injunction is back on and there's currently no enforceable BOI reporting requirement. Urgent Update: With days to go before the beneficial ownership information (BOI) reporting deadline, the U.S. Fifth Circuit has granted the government’s emergency motion for a stay pending the appeal. That means that the nationwide ban on filing reports is no longer in place—the deadline for companies that existed before January 1, 2024, to report is January 1, 2025.Big news for small business owners! The Corporate Transparency Act, which required BOI (Beneficial Ownership Information) reporting, has been ruled unconstitutional and blocked nationwide. In this video, I’ll break down what this means, why the court made this decision, and whether you still need to file. Spoiler: You don’t—at least for now. Stick around to learn the details and what could happen next.💜 Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/jRjraHXrgbUyoutu.be/ENcLKhZspx8youtu.be/yduU8lvZgBwThanks for watching my video on, Corporate Transparency Act BLOCKED: BOI Reporting Ruled Unconstitutional (Do NOT File!)Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.Replay Video Link: youtu.be/lEvKJvVVcu8#boi #boireport #fincen
End of Year Tax Tips: Avoid Costly Mistakes in 2025 Noel Lorenzana, CPA 2024-12-07 | Did you know a few simple tax moves could save you hundreds, even thousands, of dollars this tax season? In this video, I’ll break down what’s changed for 2025, from new tax brackets to updated 1099K reporting rules. Whether you’re filing on your own or have some experience, I’ll guide you through each step to keep you organized and prepared. Plus, I’ll share year-end tax tips you can use right now to help you keep more of your hard-earned money. Ready to make tax season easier? Let’s get started!💜 Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/ZQ9GGjq3Wbcyoutu.be/OHUpngPAWp8youtu.be/ggeZLsGxzVsThanks for watching my video on, End of Year Tax Tips: Avoid Costly Mistakes in 2024Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 - End-of-Year Tax Tips: Avoid Costly Mistakes in 202401:22 - IRS Updates: The New Standard Deduction.01:57 - The IRS Updated Their Tax Brackets03:49 - The New 1099K Reporting Rules Update06:25 - Tax Tips No.1: Max Out Your Retirement Contributions.07:04 - Tax Tips No.2: Review Charitable Contributions.07:46 - Tax Tips No.3: Check Your Withholdings.08:06 - Tax Tips No.4: Consider Tax Loss Harvesting.08:26 - Tax Tips No.5: Gather Your Records Early.09:09 - Tax Cuts and Jobs Act 2025 Updates10:30 - TCJA 2025 Changes: Why This Matters Now?11:10 - TCJA 2025 Changes: What You Can Do Now?Replay Video Link: youtu.be/qKazXr_Ntlo#irs #irstaxes #taxes
Is Bitcoin the Most Insane Financial Mania in History? Noel Lorenzana, CPA 2024-11-30 | Is Bitcoin the biggest financial bubble in history? In this video, we’ll look at Bitcoin and compare it to past money crazes like Tulip Mania. People once went wild; the world seemed to go mad, and now Bitcoin appears to be having its moment. But what’s driving this excitement? Is it real value, or are we caught up in the hype?Based on lessons from the classic book Extraordinary Popular Delusions and the Madness of Crowds by Charles Mackay, we’ll explore how these bubbles happen. Why do people spend big on things that might not hold their value? And what can history teach us about Bitcoin’s future?I’ve been in the Bitcoin game since 2015, so I’ve seen its highs and lows. This isn’t about saying Bitcoin is good or bad—it’s about understanding the bigger picture so you can decide for yourself.Do you think Bitcoin is the future, or is it another bubble waiting to pop? Share your thoughts in the comments!Disclaimer: This video is for entertainment and educational purposes only. It is not financial or investment advice. Please do your own due diligence.💜 Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/8P0IvxXwBcEyoutu.be/pd2zEwca-lgyoutu.be/G4cNOoKxno0youtu.be/iSOY_rr7UR8Thanks for watching my video on, "Bitcoin: The Most Insane Financial Mania in History"Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 - Tulip Mania History Explained: The Very First Financial Bubble01:56 - Charles Mackay: Financial Bubbles and Crowd Psychology02:35 - The Psychology of Bubble Mania04:17 - Bitcoin Through Charles Mackay's Lens05:45 - Is Bitcoin Truly Valuable?06:23 - Lessons From The Recent Financial Bubbles07:54 - Bitcoin: The 21st Century Tulip Mania?08:10 - The Financial Analysis - Bitcoin's Bubble Potential09:52 - Is Bitcoin Different From The Past Financial Manias?10:36 - Conclusion: Is Bitcoin the Next Big Bubble?Replay Video Link: youtu.be/UizNttfeHK0#bitcoin #bitcoinanalysis #bitcoininvesting
Wall Street Veteran Predicts the Worst Economic Depression in 3-5 Years! Noel Lorenzana, CPA 2024-11-23 | Today, we’re sitting down with Peter Grandich, the Wall Street veteran who predicted the 1987 Black Monday crash. Peter shares his eye-opening forecast about America’s future and breaks down the five big challenges he believes could lead to the worst economic period in U.S. history.We’ll talk about exploding debt, the future of gold, whether BRICS is serious or not, and how to protect your finances during these uncertain times. Peter also opens up about faith, building wealth with purpose, and the advice he’d give his younger self.If you’re worried about where the economy is heading or just looking for smart investment tips, this conversation is a must-watch.By the way, I’m your host, Noel Lorenzana. My expertise is in taxes and accounting. None of this is to be considered investment or financial advice. Always speak to a licensed financial advisor before making any investment decision.Who is Peter Grandich? @Peter-Grandich made a name for himself back in the '80s for successfully calling the historic 1987 ‘Black Monday’ stock market crash. He's a Wall Street veteran, and a respected voice in the financial industry ever since. Beyond his market insights, he brings a unique perspective, shaped by his journey through financial highs and lows, and a dedication to blending faith with finance. 💜 Enjoy My Work? Support Me on Patreon!patreon.com/noellorenzana💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!noellorenzanacpa.com/tax-deductions-cheatsheet📘 Free Ebook 10 Tips to Simplify Your Taxes: noellorenzanacpa.com/10-tips-to-simplify-your-taxes💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️buymeacoffee.com/NoelLorenzana📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!http://modernizedaccounting.com👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!facebook.com/groups/951368119040370Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.★CONNECT WITH ME ON SOCIAL MEDIA ★Website: noellorenzanacpa.comFacebook: web.facebook.com/noelblorenzanaLinkedIn: linkedin.com/in/noellorenzanacpa🎥 RECOMMENDED VIDEOS 🎥youtu.be/8P0IvxXwBcEyoutu.be/QDCTxAO2OKQyoutu.be/QQzj8KYgftMyoutu.be/5d5rKm_2OQEThanks for watching my video on, "Wall Street Veteran Predicts the Worst Economic Depression in 3-5 Years!"Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.⏱️VIDEO CHAPTERS⏱️00:00 - Introduction: Meet Peter Grandich01:16 - Peter’s Big Prediction for America: The Great Depression02:50 - America's Five Biggest Economic Challenges06:37 - Is BRICS a Serious Threat?09:13 - How Peter Predicted Black Monday14:00 - Compelling Investment Ideas: Index Annuities16:47 - Building Your Financial Safety Net: Key Assets & Strategies22:01 - Gold’s Future—Why $3,000?25:11 - Is There Hope for Mining Stocks?29:42 - U.S. National Debt: America’s High Debt Level Concern32:29 - The Great Melt-Up Theory36:10 - Is Bitcoin Just a Huge Bubble?43:50 - Faith, Wealth, and What Really Matters47:51 - Peter’s Advice to His Younger SelfReplay Video Link: youtu.be/9Az3idSaki0#useconomy #greatdepression #economiccrisis
