Understanding and preparing for your taxes is a foundation of successful financial planning.
This week’s episode talks all things Uncle Sam—understanding and preparing for your taxes. We cover the following aspects of your federal tax return:
Discuss tax obligations that are found in your return.
Compare the standard deduction to the itemized deduction and which one might be right for you.
Strategies to reduce gross income and possibly pay less in taxes.
Go over the progressive tax brackets in the U.S. tax system.
If you enjoy this podcast, please subscribe, rate, and review us on your favorite podcast platform, as it helps us reach more people who can benefit from our content. Also, don’t forget to follow us on Youtube, Instagram, and here on Substack for updates, additional resources, and to join our community of like-minded individuals who are all working towards the same goal of financial freedom.