With Valentine's Day around the corner, we're here to charm you with a special episode focused on your taxes.
It might seem surprising, but this year is crucial as taxpayers will finally experience the full ramifications of the tax reform from 2017. Since this reform represented one of the most significant updates to the tax code in over three decades, many changes are on the horizon. Are they going to impact you? Let’s discover together. Our expert this week is Maggie Klokkenga, a senior advisor at Clayton Financial Group. She's both a CPA and CFP®, and she’s been a valued member of our community. (Are you part of our private Facebook group?) In the Mailbag segment, we’ll tackle your inquiries about backdoor Roth IRAs, 529 college savings plans, tax software, and filing jointly. Plus, if you’re among those who didn’t adjust your tax withholding last year—or can’t recall the last time you did—it’s time to take action. We’ll guide you on how to proceed.
We appreciate your listenership! To enhance our show, we’re conducting a survey to gather your insights and preferences for the future. It will only take about five minutes of your time. As a token of our gratitude, completing the survey enters you into a drawing for $100 Amazon gift cards and signed copies of Jean's new book, “Women With Money.” Share your thoughts here: https://hermoney.com/survey
Resources highlighted in the episode:
IRS Withholding Calculator
NerdWallet Withholding Calculator
