Episode 142: Hidden Taxes Exposed - The Taxes You Don't See ComingJoin hosts Chris Picciurro, CPA and John Tripolsky as they shine a light on the "cockroach taxes" that hide in the dark - those sneaky hidden taxes that have nothing to do with your income level but can significantly impact your wallet.What You'll Learn:• The #1 hidden tax affecting everyone: Sales tax (45 states + DC)• How travel industry taxes can add 40% to your booking costs• Franchise and excise taxes for business owners• Real estate transfer taxes that hit even loss transactions• "Sin taxes" on alcohol and cigarettes with shocking state variations• Hotel occupancy and rental car taxes that inflate travel costsKey Takeaways:Hidden taxes are non-income based taxes you pay without filing returns. From California's $800 LLC fee to New York's $4.35 per pack cigarette tax, these taxes can add thousands to your annual expenses. Learn which states have the highest burdens and how to plan around them.Eye-Opening Examples:• Florida's 0.7% real estate transfer tax on ALL property sales• New York cigarette taxes costing smokers $1,500+ annually• Hotel taxes adding 15% to your lodging costs• Ticketmaster-style "convenience fees" of 25-35%Resources:Find a tax professional at www.2025.taxEpisode Sponsor:Strategic Associates, LLCRoger Roundywww.linkedin.com/in/roger-roundy-86887b23
(00:00) - Uncovering Hidden Taxes and Their Impact on Your Wallet

(03:31) - Hidden Taxes: Sales, Travel, and Franchise Fees Explored

(07:37) - Californians Moving and Making Friends in Franklin Tennessee

(08:05) - Understanding Real Estate Transfer Taxes and Their Implications

(12:31) - Exploring Sin Taxes and Their Impact on Consumption

(19:05) - Exploring Local Tax Initiatives and Community Engagement

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