Easy Ways to Save on Taxes, With Lauryn Williams and Chloé Moore

Wednesday, February 01, 2023

Worth Knowing/Know Better. Do Better./Easy Ways to Save on Taxes, With Lauryn Williams and Chloé Moore

Easy Ways to Save on Taxes, With Lauryn Williams and Chloé Moore

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Welcome to Round 2 of the “Know Better, Do Better” series born from the countless conversations two CERTIFIED FINANCIAL PLANNER™ professionals, Lauryn Williams and Chloé Moore, have about the trendy narratives and clickbaity articles that make it hard for them to help their clients. They will take you behind the numbers with real-life examples of financial situations to help you gain confidence and clarity to control your financial destiny.

It’s time to think about paying taxes for the money you made in 2022. In this episode, Lauryn and Chloé are diving into all things taxes. They find people are constantly looking for complex ideas and strategies on how to pay less taxes when there are several simple ways you can save.

In this episode, we discuss:

  • The standard deduction, including what it is and how it applies to you
  • ​How you can save on taxes with your employee benefits
  • Difference between an HSA and FSA
  • ​How parents can save on taxes with a dependent care FSA
  • ​How your Adjusted Gross Income can lower your student loan payment
  • ​Tax loss harvesting and how you can write off investment losses
  • ​Who can take advantage of tax gain harvesting
  • ​The total cost of home ownership vs. mortgage interest deductions
  • ​What entrepreneurs and business owners need to know about taxes
  • ​Importance of working with a financial planner or tax professional
  • ​Why you need to think ahead with tax planning

If you want to further connect with Lauryn Williams at Worth Winning, follow us on social media:

Instagram: @worthwinning
Facebook: @worthwinningfp
LinkedIn: @lauryn-williams

If you want to connect further with Carrie Nicholson:

Instagram: @carrieconsiders
YouTube: @carrieconsiders

Lauryn Williams

Hi, I'm Lauryn

Certified Financial Planner

Welcome to the Worth Listening podcast and blog where we focus on having positive and productive conversations about money.

Interested in being a guest on our show? Email us today at podcast@worth-winning.com. We'd love to hear from you!

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