Tag: tax

• Chapter 43: Peak Tax Season

  

  Tax Day is April 15th. The IRS offers free online filing resources. Low-income, disabled, and limited English speakers can get free tax help. If you can’t pay, request an extension before April 15th or consider payment plans.

  Pablo

  April 7, 2024

  Taxes

  April 15th, debt, Filing, finance, free, free alternatives, help filing, Interest, IRS, liability, money, saving, savings, tax, Tax Season, tax-planning, Taxes, VITA, wealth

• Chapter 40: Tax Loss Harvesting

  

  During tax season, it’s nice to harvest capital losses to reduce taxable income. You can still claim losses with a standard deduction and benefit from lowering your tax burden. Timing and strategy are key for maximizing this opportunity.

  Pablo

  February 25, 2024

  Taxes

  asset, Capital, debt, ETF, finance, harvesting, invest, Investing, investments, IRS, liability, Loss, losses, money, season, tax, tax loss harvesting, tax-planning, Taxes, Wash Sale, wealth

• Chapter 39: Tax Refund

  

  The chapter explains tax refunds, overpayments, underpayments, and the importance of managing tax withholdings. It emphasizes adjusting W-4 forms to avoid overpaying and the significance of keeping a close eye on tax liabilities.

  Pablo

  February 18, 2024

  Taxes

  asset, debt, deductions, finance, Interest, liability, money, Personal Finance, saving, savings, tax, Taxes, wealth