Considering retiring in a tax-free state to optimize your finances? In this episode, we’re joined by Angelina King from 718 Tax Services to demystify post-tax season strategies and how to prepare for the next. Whether you’re a W-2 employee, a small business owner, or on the brink of Retirement, Angelina shares invaluable tips on reducing tax liability and making the most of your financial planning.

In this episode, you’ll learn:

– How to adjust your withholdings to avoid owing taxes at the end of the year.

– The benefits of maximizing contributions to retirement accounts like 401(k)s and IRAs.

– The importance of understanding capital gains and losses for tax harvesting.

– Strategies for homeowners planning to sell their property and relocate for retirement.

– Tips for new parents on creating financial Security for their children’s future.

The key moments in this episode are:
00:00:00 – Maximizing Retirement Contributions
00:01:54 – Introduction and Post-Tax Return Preparation
00:03:12 – Taking Advantage of Pre-Tax Services
00:07:36 – Adjusting Withholdings and Standard Deduction
00:11:39 – Extension Deadline and Filing Process
00:17:48 – Investing in Dividend Accounts
00:19:42 – Lost IRS Check
00:20:53 – Proposed Capital Gains Tax
00:28:11 – Retiring and Moving to Tax-Free States
00:33:02 – Being a Good Steward of Money
00:34:46 – The Importance of Lending
00:35:13 – Worst Money Mistakes
00:35:48 – Favorite Financial Books
00:38:36 – Favorite Dish and Cultural Roots
00:39:44 – Connecting with Angelina

More about Angelina King:

https://www.718taxservices.com/

IG: @718taxservices

THANK YOU FOR LISTENING!

#TaxPlanning #Retirement #FinancialEducation #AboutThatWallet

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DISCLAIMER: The content in this audio is for educational purposes only. You must do your own research and make the best choice for you. If you need advice, please contact a qualified professional.

Episode 252

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Meet Anthony, a Baltimore City College alum from the east side. As a Morgan State undergrad, he realized money is simple; it's people who complicate it. Anthony hosts "About That Wallet," a financial podcast discussing pitfalls, paycheck struggles, abundance mindsets, and generational wealth. With diverse guests, he shares practical tips and personal anecdotes to empower listeners. Tune in on YouTube, Spotify, Apple Podcasts, Stitcher, or your favorite platform for transformative insights into financial freedom with Anthony as your guide.