The Grown Up Guide Podcast
This episode is part 2 of a 2-part series on Tax Accounting! The federal deadline for filing your taxes has been extended to July 15th this year due to the pandemic. For this series, I interview my friend and former classmate Leslie Jefferson, a Certified Public Accountant (aka CPA) based in North Carolina. Here are the questions and time stamps: 1. Do I have to file taxes? – 4:30 2. What’s the difference between getting a W-2 and getting a 1099? – 6:40 3. What income do I not have to report? – 10:57 4. Do I have to file state taxes if I file federal taxes? – 15:34 5. Is it good to get a refund? – 18:55 6. I started a side business. What are my options for filing taxes? - 26:42 7. What can I deduct as business expenses? And what do I need to hold on to to prove that? – 31:48 8. How long do I need to hold onto receipts/documentation? 37:23 9. What are other ways I can lower my tax bill? (Deductions for Student loan interest, self-employed health insurance; credits for children, education; update your W-4 each year) – 42:21 10. Do I need to keep my medical bills and donation receipts for potential deductions? – 53:17 11. If I’m married, do I have to file taxes with my spouse? – 54:58 12. What is a dependent and how do I know if I am or have one? – 57:46 13. What would flag the IRS to audit you? – 01:03:29 14. Additional thoughts and advice on filing taxes and choosing a good CPA – 01:06:55
12 episodios
Comentarios
0Sé la primera persona en comentar
¡Regístrate ahora y únete a la comunidad de The Grown Up Guide Podcast!