Build a Better Financial Future

098: Tax Season 2022: What You Should Know


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The New Year is upon us, and with a new year comes a new tax season. Tune in to listen to the things you should know to help you get prepared for tax season and get your refund on time.

Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.

From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession.

He is the host of the "On My Way to Wealth" podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine's 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.

Notes:

In this episode, Luis talks about the following and more:

  • When tax season begins and ends
  • IRS Notices that you'll need before you file your tax returns
  • Child Tax Credit and Child and Dependent Care Credit
  • Tips to prevent delays in processing your returns

Resources:

  • Download the 3 Fundamental "Money Moves" to Make Before Turning 45
  • LatinXcellence, more than a brand, it's a movement!
  • Luis' Interview on Scripps National News
  • IRS Child Tax Credit Update Portal
  • IRS Economic Impact Payments
  • IRS Free File
  • IRS Volunteer Income Tax Assistance
  • Luis' LinkedIn
  • Luis' Twitter
  • Luis' IG
...more
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Build a Better Financial FutureBy Luis Rosa, CFP® EA

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