Business
Tax season is here and with it the stress of getting your taxes done right. We’ll look at some ways you can simplify, organize, and maximize your tax deductions and credits this year and set yourselves up for big wins next! Tax Tips for Making Filing Easier Now before we jump into this episode I want to be clear about one thing. I’m not a tax expert. Not a CPA. Not an EA (that’s an enrolled agent). But even if I was, I cannot give tax advice to you on this podcast because every family is different. And that means so are your taxes. However, there are several key areas where many of us -especially busy couples, couples who are juggling so many things like kids, work, finances, side projects, and more -should be paying attention to because they have a huge impact on how things go for us when it comes to taxes. And I got some good news - I’m keeping this episode on the shorter side. Why? If you’re a regular person like me, taxes are not the most exciting thing. However we have seen how important getting our tax done has been for our finances -both with planning throughout the year as well as using our refunds to reach our financial goals faster. And I want you to see taxes in a better, maybe less stressful light. In this episode we’re looking at: Decoding key tax items (like tax credits versus deductions) so you can be better prepared when filing How to make sure your paycheck is working you - you may be leaving money on the table Accounts to Maximize Your Finances Now and Later I want to make things less stressful for you so you can knock out your taxes. Sound good? Let’s get started! Resources to Tackle Your Taxes Looking to make taxes less stressful? Here are some of my favorite resources! Best Budget and Money Apps: Personal Capital, Tiller, Mint TurboTax