This episode breaks down the difference between tax preparation and tax strategy using one of the best analogies we’ve heard: your CPA is like the grocery store cashier ringing you up accurately, but nobody walked the aisles with you finding coupons and better deals. TaxHive is that missing piece. With their average client saving $60-70K in identified tax savings, a money-back guarantee, and Kevin O’Leary as an equity partner, this conversation will change how you think about your tax team.

Host Heidi Henderson sits down with Devan Egan, President of TaxHive, a Kevin O’Leary-backed tax strategy firm that’s redefining how business owners and real estate investors approach tax planning. Devan shares how TaxHive identified a massive gap between tax compliance and tax strategy, and why most business owners are unknowingly overpaying simply because their CPA was never hired to find savings.

KEY TOPICS
Tax strategy vs tax compliance and why most CPAs only do one | How Kevin O’Leary became an equity partner in TaxHive | The grocery store cashier analogy for understanding your CPA | Why 86% of CPA firms have fewer than 10 employees and what that means for you | Most commonly missed strategies: Augusta Rule, S-corp elections, cost segregation, R&D credits, solo 401Ks, oil and gas | Dynasty strategies for high-impact savings | TaxHive’s money-back guarantee model | Why AI can help but cannot replace licensed tax professionals | Forward-looking tax planning vs rearview mirror filing | How TaxHive scales with technology while maintaining personal service

ABOUT DEVAN EGAN
Devan Egan is an entrepreneur and business strategist serving as President of TaxHive, where he leads the company’s vision, business development, and strategic partnerships. With a background in real estate sales and marketing, Devan identified a critical gap between tax compliance and proactive tax strategy for Main Street business owners. He also owns three Club Pickleball USA locations in Utah and leads Club Mastermind, a private network of 125+ clubs across the U.S. and Canada.

CONNECT WITH DEVAN EGAN & TAXHIVE

Website: taxhive.com
Instagram: @realtaxhive
Email: [email protected]

Resources:
Get A Free Cost Segregation Benefit Analysis Here:
 https://portal.engineeredtaxservices.com/get-started?ref_id=njg2zdv

IRS Audit Technique Guidelines:
 https://www.irs.gov/pub/irs-pdf/p5653.pdf

Baselane Affiliate Link:
 https://baselane.com/engineeredtaxservices

Baselane Promo Code:
ENGINEERING6

Use promo code ENGINEERING6 to receive 6 months of free Baselane Smart premium tier. Enter the code when prompted to subscribe to Baselane Smart.

Get A Free Cost Segregation Benefit Analysis Here: https://portal.engineeredtaxservices.com/get-started?ref_id=njg2zdv
IRS Audit Technique Guidelines: https://www.irs.gov/pub/irs-pdf/p5653.pdf

Links:
LinkedIn – https://linkedin.com/in/heidihenderson
Instagram – https://www.instagram.com/slashtaxwithheidi/
Facebook – https://www.facebook.com/slashtaxwithheidi/
https://app.411core.com/r/XCB

LEARN MORE
Engineered Tax Services has helped investors and business owners unlock millions in tax savings for nearly 25 years through cost segregation, R&D credits, and energy incentives like 179D and 45L.
👉 Visit engineeredtaxservices.com

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TIMESTAMPS
00:00 Introduction to TaxHive and Devan Egan
03:07 Identifying the gap between compliance and strategy
05:55 Why specialized tax knowledge matters for real estate investors
09:14 Democratizing the tax code for every taxpayer
12:05 The grocery store cashier analogy: CPA compliance vs strategy
15:13 How Kevin O’Leary became an equity partner
18:15 Maintaining service quality while scaling to thousands of clients
27:49 Technology as the backbone of client experience
28:53 TaxHive’s money-back guarantee and ROI model
32:07 Top missed tax strategies: Augusta Rule, S-corp, cost seg, R&D
36:27 Navigating complex strategies: Is the juice worth the squeeze?
40:34 AI in tax planning: Helpful tool but not a replacement
46:07 The onus is on the taxpayer: Why documentation matters
49:09 Serving clients nationwide through technology and portals
53:32 Outro and how to connect with TaxHive