Who wants to reduce their taxes? The first step requires educating yourself on the basics.
In this episode of the Finance For Physicians Podcast, Daniel Wrenne talks to David Glenn, a Certified Public Accountant (CPA) and founder of Glenn Advisory and the basics of how income taxes work. They also chat about some of the most common tax savings strategies that begin to appear when you start to understand how this all works.
Topics Discussed:
Links:
IRS Tax Forms, Instructions, and Publications
Schedule D (Form 1040), Capital Gains and Losses
Schedule 1 - Additional Income and Adjustments to Income
Form W-2 Wage and Tax Statement
Form W-4 Employee Withholding Certificate
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