Mastering Tax Planning with Kristine Stevenson (Part 1)

In this informative episode of The New Money Habits Podcast, guest Kristine Stevenson dives into the realm of tax planning for W2 employees. Join us as we explore the crucial decision of whether to owe taxes or receive a refund and how a mere $100 can make all the difference on your ideal tax return.

We discuss the common misconception of receiving a large tax refund, shedding light on the fact that it essentially means giving the government an interest-free loan throughout the year. On the flip side, this forced savings method serves as a financial lifeline for many Americans, helping them pay off debts and secure their financial future.

Discover the steps to take control of your tax planning, including adjusting your W-4 and using the IRS withholding estimator tool to optimize your withholding. We also provide a real-life client example to illustrate the process.

Don't miss this episode of The New Money Habits Podcast, where we empower you to make informed decisions about your tax planning as a W2 employee. Learn how to take charge of your finances and maximize your financial well-being. Tune in today!

Contact Kristine Stevenson: 

👉 www.kristinestevensonea.com

📲 Phone: 737-234-0196

📚 Book: How to Avoid Trouble with the IRS: 10 Best Tax Tips For the Self-Employed, Gig-Worker, and Indie-Contractor

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🎵 Music by Summer School

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