In this quick and easy episode, I’m talking about something practical you can do in just 15 minutes to make your life easier during tax time.
Join me today to learn how you can do an easy paycheck checkup to prepare for tax season, avoid any surprise tax bills and ensure your withholding is at the right level.
Also mentioned in today’s episode:
Adjusting your taxes 2:20
Finding your federal income tax rate 4:47
Checking your withholdings 7:45
Using the IRS to calculate your taxes 9:12
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Links:
Go to this link to do your Paycheck Checkup: Tax Withholding | Internal Revenue Service
If you have ONLY self-employed income (no W2), you'll need to use this document. IRS Pub 505
Or, the easier path is to join my program, Money Bootcamp, where I teach you how to set up simple bookkeeping, calculate your tax due each quarter, and pay your estimated quarterly taxes with accuracy and peace of mind.
