Spending money on your health tends to be less than pleasant, but if we can get some tax savings from it, maybe we can save some money and find the silver lining. Many people ask about HSAs, so in this episode, Ben and Steven address the tax advantages of having an HSA and how to make the best use of one.
[Read more…] about The HSA Tax Trifecta, Ep. 23What Happens When The IRS Calls Me?, Ep. 22
What do you do when you get a letter or a phone call from the IRS? Don’t panic. In this episode, Steven and Ben clarify some important things about IRS communications and responsibilities. You will walk away from this podcast knowing how to avoid scams, what to find clarity on when you get a letter, who to call for help, and more.
[Read more…] about What Happens When The IRS Calls Me?, Ep. 22Why Is The Answer Always: ‘It Depends’?, Ep. 21
In this episode, Ben and Steven tackle some key questions that have come up while doing clients’ taxes. Many questions that come up are initially answered with, “It depends,” and they’ll unpack why that is and where to go from there. You will get insight into some specific situations, as well as the process used to make decisions that take your unique situation into mind.
[Read more…] about Why Is The Answer Always: ‘It Depends’?, Ep. 21Market Downturns & Tax Silver Linings, Ep. 20
What are the things we should be thinking about as the market turns downward? Ben and Steven take on this question from a tax perspective and share some of the most important things to be paying attention to. They also give us some great insight into the tax silver linings that make the downturn sting a bit less.
[Read more…] about Market Downturns & Tax Silver Linings, Ep. 20Does Anyone Understand What’s On a Tax Return?, Ep. 19
So you’ve gotten your tax return and gone through the stress and struggle of processing the paperwork, but now you have a bunch of numbers—and you may or may not know what they mean. This episode is all about understanding what’s on your tax return and how to use that information to create an effective plan for the next year and beyond.
[Read more…] about Does Anyone Understand What’s On a Tax Return?, Ep. 19But How Do My Taxes Get Paid in Retirement?, Ep. 18
When you’re new to retirement, there are quite a few things that change. Multiple times this past tax season, there have been questions about paying taxes in retirement from clients who are moving into (or recently moved into) the retirement stage of life. Today, Ben and Steven share some of the most important things to remember in this transition, as well as how to plan ahead so you are setting yourself up for success.
[Read more…] about But How Do My Taxes Get Paid in Retirement?, Ep. 18