The First Step To Reduce Your Taxes with David Glenn

December 10, 2020 00:43:27
The First Step To Reduce Your Taxes with David Glenn
Finance for Physicians
The First Step To Reduce Your Taxes with David Glenn

Dec 10 2020 | 00:43:27

/

Hosted By

Daniel B. Wrenne, CFP®

Show Notes

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:

David Glenn on LinkedIn

Glenn Advisory

IRS Tax Forms, Instructions, and Publications

Schedules for Form 1040

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

Tax Cuts and Jobs Act (TCJA)

State and Local Tax Deduction (SALT)

Child Tax Credit

Schedule K-1 Form

Schedule K-2 Form

Finance For Physicians

Other Episodes

Episode 0

January 14, 2021 00:21:19
Episode Cover

Should You Payoff Debt Or Invest with Jeff Wenger

Should you pay off debt or invest? It’s a straightforward question.  Yet, the answer is often not so straightforward and really depends on your...

Listen

Episode 180

February 13, 2024 00:54:10
Episode Cover

Feeling Trapped? 3 Steps To Break The Golden Handcuffs Or Your Hospital Salary

In speaking to hundreds of doctors a month, it's obvious that many feel trapped by their hospital salary, and that can lead to burnout,...

Listen

Episode 123

January 10, 2023 00:56:04
Episode Cover

How Physician Entrepreneurship Can Help You Start Living Your Best Life with Dr. Ernesto Gutierrez

Entrepreneurship is a liberating concept. Outside of the promises of wealth and prestige, being an entrepreneur or cultivating the QUALITIES of an entrepreneur is...

Listen