Listen "Did You Know THIS About Taxes? The Life Events That Change EVERYTHING"
Episode Synopsis
Let’s face it – no one is ever excited about taxes. We only pay them and file our tax returns because we have to. Taxes are a necessary part of life but have you ever thought about all of the significant life events that can change our tax situation, such as marriage, divorce, having children, buying a home, or changing jobs. In this episode of the Thank Me Later Show with Jini, we’re breaking down what you need to know about taxes through the lens of these life events. We’re also sharing tips to make filing your income tax return less stressful whether you work a 9 - 5 job or you’re an entrepreneur.We might not be able to convince you to fall in love with tax season like our host Jini, but if you tune into this episode of the podcast and take action, I promise that you will #thankmelater! #thankmelatershow #thankmelatermoney #jinithornton #moneycoach #financialexpert ______STAY CONNECTED:Connect with Thank Me Later:https://thankmelatermoney.com https://www.instagram.com/tmlmoney https://www.tiktok.com/@tmlmoney https://blackwomenwill.com/ Connect with Jini:https://jinithornton.com/https://www.instagram.com/jinithornton https://www.tiktok.com/@jinithornton https://www.linkedin.com/in/jinithornton/ ______RESOURCES: Thank Me Later Resources:TML Community: https://www.thankmelater.money ______TIMESTAMPS:2:07 - Advice to get through tax season 2:39 - Common mistakes that people make when they owe the IRS 3:30 - Everything you need to know about filing a tax extension5:05 - What powers does the IRS have when we owe them money6:07 - What percentage of people get audited and what does the IRS look for to determine who they audit?7:18 - What to do if you owe taxes from a previous year but you can’t afford to pay9:03 - What is tax return identity theft 10:31 - How does your tax filing status change when you get married 12:00 - How does your tax filing status change when you have children13:11 - Final tax return for someone who passed away 14:09 - How does your tax filing status change when you buy a home15:04 - Taxes for the unemployed and for entrepreneurs
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