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W2 Employees: Best Tax Strategy.Start a Side Gig, Episode 26
EverydayCPA Show | Business Owners | Self-Employed | Households | Tax | Budgeting | Savings
English - August 20, 2023 01:24 - 8 minutes - 12.3 MBEntrepreneurship Business Investing budgeting business businessstrategy politics accounting economics entrepreneurs reilgion riskmanagement selfemployed Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Economics, Politics, Religion: Intro and Welcome, Episode 25
Monday is the day of the week we focus on the Highly Compensated Successful W2 Employee. You know who you are. In the US you pay more tax than all other segments. The good news is you have a bigger paycheck than most. The bad news is you pay more taxes than most. When you count all the taxes you pay - income, payroll, property, excise and sales tax - many of you pay nearly 60% of your lifetime earnings and wealth - in taxes. And you get few tax breaks. In this show, we will show you how you can reduce your taxes, increase your wealth, reduce your riskā¦and maybe even help you live a more rewarding and fulfilling life.