Discussing Taxes and “Rockin’ Being Rich” with Jenn Zischke
We discuss the importance of paying yourself before you pay the IRS from 401K plans to HSA and how to make box 2 work for you. We dive into why we stress leading up to getting taxes done then realizing it's not all that bad. As business owners, she reminds us why co-mingling isn’t the best idea, and she explains what ordinary and necessary means for business write-offs.
**A note to our listeners: This episode was recorded before the announcement of unemployment payments being tax-free up to $10,200. Keep that in mind when we talk about the pandemic and the impact taxes had on unemployment.
Links mentioned: https://www.irs.gov/
If you’re interested in Jenn’s services, click below for access.
Zischke, Walker & Hill Tax Preparation Ltd.
Ferrari Bookkeeping Services Inc.
Jenn@fbsnv.com
Jennzischke@gmail.com
Office number: 702-294-1113