Our 2 Cents

Episode 64: Your Stimulus Check and Tax Time Quick Hits


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The Our 2 Cents podcast is back again this week with some great topics. We're focusing on this latest stimulus package entering the economy, tax season and doing one of our very favorite things - answering some listener questions. Don't miss this one!
Another Round of Stimulus:
  • Warren Buffett has some advice on how you should spend your stimulus money - is he right?
  • What was the ultimate goal of the stimulus package?
  • Looking back 1 year ago and how the markets have reacted to COVID and the stimulus packages

Tax Time Quick Hits:
  • The tax filing deadline has been extended, should you wait or file now?
  • RMD's, IRA contributions, home office deductions and more
  • What are the benefits of working with a tax planner and what do they do that is different than a tax preparer?

Listener Questions:
  • "It seems like inflation has not been very bad recently. Should I be worried about it in future years?" - Mike, Rolling Meadows
  • "Some people in the media say that I should invest primarily in mutual funds, and they say I can expect annual returns north of 10%. I do not even need a return that big at my age, but I am intrigued by the idea of it. Where do I find these funds?" - Shannon, Glenview
...more
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