Ep 95: Last Minute Tax Tips Before Filing

<p class="MsoNoSpacing"><span style= "font-size: 14.0pt; font-family: 'Arial',sans-serif; mso-bidi-font-style: italic;"> If you’re looking for some last-minute tax tips before filing your 2022 taxes, this episode is for you. We’re going to talk about strategies you can utilize to reduce your taxes for last year or utilize to get some tax-free money growing for your future.</span></p> <p class="MsoNoSpacing"> </p> <p class="MsoNoSpacing"><strong><span style= "font-size: 14.0pt; font-family: 'Arial',sans-serif; mso-bidi-font-style: italic;"> Here’s some of what you’ll learn on this episode: </span></strong></p> <ul> <li class="BodyA"><span style= "font-size: 14.0pt; line-height: 107%; font-family: 'Arial',sans-serif; mso-fareast-font-family: Arial;"> The first strategy is being able to make contributions to your IRA. <strong>(3:41)</strong></span></li> <li class="BodyA"><span style= "font-size: 14.0pt; line-height: 107%; font-family: 'Arial',sans-serif; mso-fareast-font-family: Arial;"> The second strategy is making a contribution to the Roth IRA. <strong>(7:10)</strong></span></li> <li class="MsoNoSpacing"><span style= "font-size: 14.0pt; font-family: 'Arial',sans-serif; mso-bidi-font-style: italic;"> The third strategy is making spousal contributions to an IRA. <strong>(10:13)</strong></span></li> <li class="BodyA"><span style= "font-size: 14.0pt; line-height: 107%; font-family: 'Arial',sans-serif; mso-fareast-font-family: Arial;">  The fourth strategy is contributing to an HSA up til the tax deadline. <span style= "mso-spacerun: yes;"> </span><span style="mso-spacerun: yes;"> </span><strong>(12:04)</strong></span></li> <li class="BodyA"><span style= "font-size: 14.0pt; line-height: 107%; font-family: 'Arial',sans-serif; mso-fareast-font-family: Arial;"> The fifth strategy is taking advantage of a SEP IRA. <strong>(14:47)</strong></span></li> <li class="BodyA"><span style= "font-size: 14.0pt; line-height: 107%; font-family: 'Arial',sans-serif; mso-fareast-font-family: Arial;"> The sixth strategy is to check to se