Taxed Out The $$$

Life gets in the way, but we find time to do the things we enjoy. We are back with our hodgepodge episode where we talk about the Mormon Church along with US tax revenue. Enjoy and give us your feedback for topics you want us to touch on!

Join us as we talk through the difference of the standard deduction and the itemized deduction. What goes into an itemized? Listen and find out!

Jump into some odd tax policies from the past before diving into how to file your taxes yourself or utilize either a CPA or enrolled agent. Either way, we talk through the importance of someone analyzing your taxes, not just filing them.

What is the worst thing next to taxes? Inflation! Join us as we discuss inflation through Girl Scout cookies and what inflation can do to your investment returns. As always, this is not individual financial advice. Please work with your trusted financial advisor for your situation. Lastly, email us at [email protected]!

Children can be expensive, but there are some tax benefits in the form of credits and deductions you can use to save on your taxes. Make sure to share with your CPA if you have a new family member to get these benefits!

Join us as we reference everything from Bernie Madoff to Snoop Dogg. We talk through tax loss harvesting and the differences of short and long term gains. Song credit to Snoop Dogg: Drop it like it’s hot.

Along with introducing the podcast, this Chartered Financial Consultant along with an inactive CPA discuss a few examples of state tax laws. Specific discussion was around retirement income and how it is taxed. Music for this episode is “I Feel For You” by Chaka Khan.