Tax Edition Podcast

Tax Edition Episode 47 - Are Older Kids Eligible for Trump Accounts? (Don't Miss Out!)

YouTube (click on the image to watch the video) Resources * Beyond the Seed: How to Open a Trump Account for Teens Show Notes How to Open a Trump Account for a Teenager: The Ultimate Wealth Hack Guide If you are a parent of a middle or high schooler, you might

Tax Edition Podcast

Tax Edition Episode 46 - MFJ vs. MFS Showdown: 2025 Tax Brackets & Standard Deduction

YouTube (click on the image to watch the video) Resources * Blog Post Show Notes The Great Tax Showdown: Married Filing Jointly vs. Separately (2025 Edition) For most couples, tax season is a simple exercise in checking the default box: Married Filing Jointly (MFJ). It is comfortable, it usually offers the

Tax Edition Podcast

Tax Edition Episode 45 - Filing Taxes After a Spouse Dies: Don't Miss the 2-Year Qualifying Surviving Spouse Window!

YouTube (click on the image to watch the video) Resources * Life After Loss: The 2-Year Window of Qualifying Surviving Spouse Status * Surviving Spouse Eligibility Checklist Show Notes Filing Taxes After the Death of a Spouse: Your Guide to the Qualifying Surviving Spouse Status (2025) Losing a spouse is one of

Tax Edition Podcast

Tax Edition Episode 44 - Head of Household Rules for Divorced Parents: The 50/50 Custody Tax Trap

YouTube (click on the image to watch the video) Resources * Blog Post Show Notes Head of Household Rules for Divorced Parents: Who Claims the Child in 50/50 Custody? Divorce decrees say you share custody. The IRS says only one of you gets the tax break. Here is how to

Tax Edition Podcast

Tax Edition Episode 43 - Head of Household Requirements: What Counts as 'Cost of Keeping Up a Home'?

YouTube (click on the image to watch the video) Resources * Blog Post Show Notes Head of Household Rules: What Counts as "Cost of Keeping Up a Home"? Are you a single parent or guardian staring at your tax forms, wondering if checking the "Head of Household"

Tax Edition Podcast

Tax Edition Episode 42 - Married Filing Separately vs. Head of Household: Don’t Make This Mistake!

YouTube (click on the image to watch the video) Resources * Blog Post Show Notes Married but Separated? Stop Losing Money Filing "Separately" – The Head of Household Guide Are you currently navigating the "gray area" of a relationship breakdown? If you are legally married but living apart,

Tax Edition Podcast

Tax Edition Episode 41 - Claim Single or Head of Household Status? Who REALLY Counts as a 'Qualifying Person'?

YouTube (click on the image to watch the video) Resources * Blog Post Show Notes Head of Household Requirements: Are You Filing "Single" When You Could Save Thousands? If you are an unmarried provider, a single parent, or part of the "sandwich generation" supporting aging parents, this

Tax Edition Podcast

Tax Edition Episode 40 - Expense coffee? Self-Employed Tax Deductions. Schedule C Expenses, IRS Audits for Sole prop

YouTube (click on the image to watch the video) Resources * Blog Post Show Notes Maximize Your Business Deductions: The Safe, Simple Guide for Solopreneurs Are you paying too much in taxes because you’re afraid of the IRS? It’s a common scenario for new business owners, freelancers, and sole

Tax Edition Podcast

Tax Edition Episode 39 - Paid money to others? Tell IRS with Information Returns: W-2, 1099-MISC, 1099-NEC & Form 8300

YouTube (click on the image to watch the video) Resources * Blog Post Show Notes The "Trust But Verify" Guide: 1099-NEC vs. 1099-MISC and Avoiding IRS Penalties If you have ever stared at a stack of invoices in January, wondering if you need to send a form to your

Tax Edition Podcast

Tax Edition Episode 38 - Hiring Your First Employee? Small Business Payroll Taxes, Forms I-9, W-4 & FUTA Explained

YouTube (click on the image to watch the video) Resources * Blog Post Show Notes The New Employer Checklist: A Survival Guide for Hiring Your First Employee Congratulations. If you are reading this, you have likely just hit a massive milestone: you are ready to hire your first employee. That means

Tax Edition Podcast

Tax Edition Episode 37 - Made over $400? 1099 Tax Surprise: Self-Employment Tax for Side Hustle, Freelance for FICA

YouTube (click on the image to watch the video) Resources * Blog Post Show Notes The Freelance Tax Guide: How to Survive Self-Employment Tax and Avoid the "Surprise Bill" If you’ve recently started driving for a rideshare app, consulting, or just picked up a creative side hustle, congratulations—

Tax Edition Podcast

Tax Edition Episode 36 - Small Business Taxes 101: Every Tax You Need to Know (Income, SE, & More)

YouTube (click on the image to watch the video) Resources * Every Tax You'll Pay as a Business Owner (And How to Calculate Each One) Show Notes Small Business Taxes for Beginners: A Survival Guide for the DIY Entrepreneur Close your eyes for a second. Think back to your