Taxes don’t have to be overwhelming or expensive. In this episode of The Crude Truth, host Rey Treviño III sits down with tax strategist Barbara Schreihans to break down practical, legal strategies for reducing your tax bill and keeping more of what you earn.From paying your kids and spouse through your business, to maximizing deductions, to leveraging oil & gas investments for significant tax benefits, Barbara explains how to think ahead, not just look back at last year’s returns. She also shares insights on the recently passed “One Big Beautiful Bill,” tax credits vs. deductions, and how to turn everyday expenses into legitimate business write-offs.Whether you’re a business owner, investor, or high-income earner looking for smarter tax moves, this conversation is full of actionable takeaways you can apply right away.What You’ll Learn in This Episode:Why the tax code is written for business ownersThe “Tax-Free Family” strategy for paying kids and spousesBoard meetings, travel, and vehicle deductions—done rightHow oil & gas investments create massive first-year tax savingsKey tax changes from the “One Big Beautiful Bill”The difference between tax credits and deductionsRecordkeeping tips to stay audit-readyConnect with Barbara:Website: https://yourtaxcoach.comInstagram: https://instagram.com/yourtaxcoachHighlights of the Podcast00:00 – Intro & Context01:38 – Meet Barbara Schreihans04:27 – Tax Code Written for Business Owners06:10 – The “Tax-Free Family” Strategy09:26 – Board Meetings & Travel Deductions10:26 – Vehicle Write-Offs vs. Cash-Flow Investments13:52 – Audit Rates14:28 – Paying Kids – Any Age16:53 – Oil & Gas Tax Benefits19:47 – “One Big Beautiful Bill” – Key Tax Changes23:12 – Tax Credits vs. Deductions26:20 – Meals, Alcohol & Entertainment Write-Offs30:58 – Recordkeeping Best Practices33:55 – Working with Barbara’s Team36:58 – Closing & Contact Info

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