27 Appointments, 0 Referrals — EBITDA Leak You’re Ignoring [Episode 236]

Most CEOs assume their taxes are optimized because they’re filed correctly. That assumption quietly drains cash from the business year after year.
When tax is treated as compliance instead of structure, overpayments don’t show up as obvious errors. They show up as lower EBITDA, reduced reinvestment capacity, and decisions made with less capital than should be available.
The real issue isn’t what’s on the return. It’s what never should have been paid in the first place. That gap compounds annually, and by the time it’s visible, it’s already embedded in the financials and reflected in how the business is valued.