That painful time of year, April 15th… when taxes are due. Although your first instinct when you think about taxes may be to run in the opposite direction to avoid the excruciating pain, when you start to think of the process in terms of how many thousands of dollars you can save yourself over the years, it gets to be worth the drudgery. What you learn early can save you money for decades to come, so invest the time upfront to learn how you can be optimizing your tax payments.
-Content Level: Advanced-
In the episode, we cover:
-When to file your income taxes
-Options you have for filing
-An explanation of what the most common filing forms are
-Common ways to reduce your tax bill
-What can happen if you evade taxes or make filing mistakes
The episode is hosted by Dallas Post, joined by Jason Colwick.
Supplemental Resources:
IRS official website
Turbo Tax – tax preparer