252: [Angelina King] Navigating Post-Tax Season Strategies

Considering retiring in a tax-free state to optimize your finances? In this episode, we're joined by Angelina King from 718 Tax Services to demystify post-tax season strategies and how to prepare for the next. Whether you're a W-2 employee, a small business owner, or on the brink of retirement, Angelina shares invaluable tips on reducing tax liability and making the most of your financial planning.

In this episode, you'll learn:

- How to adjust your withholdings to avoid owing taxes at the end of the year.

- The benefits of maximizing contributions to retirement accounts like 401(k)s and IRAs.

- The importance of understanding capital gains and losses for tax harvesting.

- Strategies for homeowners planning to sell their property and relocate for retirement.

- Tips for new parents on creating financial security for their children's future.

The key moments in this episode are:
00:00:00 - Maximizing Retirement Contributions
00:01:54 - Introduction and Post-Tax Return Preparation
00:03:12 - Taking Advantage of Pre-Tax Services
00:07:36 - Adjusting Withholdings and Standard Deduction
00:11:39 - Extension Deadline and Filing Process
00:17:48 - Investing in Dividend Accounts
00:19:42 - Lost IRS Check
00:20:53 - Proposed Capital Gains Tax
00:28:11 - Retiring and Moving to Tax-Free States
00:33:02 - Being a Good Steward of Money
00:34:46 - The Importance of Lending
00:35:13 - Worst Money Mistakes
00:35:48 - Favorite Financial Books
00:38:36 - Favorite Dish and Cultural Roots
00:39:44 - Connecting with Angelina

More about Angelina King:

https://www.718taxservices.com/

IG: @718taxservices

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#TaxPlanning #Retirement #FinancialEducation #AboutThatWallet

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DISCLAIMER: The content in this audio is for educational purposes only. You must do your own research and make the best choice for you. If you need advice, please contact a qualified professional.

Episode 252

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