10 Huge Tax Mistakes You Don’t Want To Make

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Education, Retirement, Moneyadvice, Investing, Savingmoney, Personalfinance, Business

4.6 • 2.8K Ratings

🗓️ 24 February 2017

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

10 huge tax mistakes you don't want to make

With over two decades of tax preparation experience, this Money Guy Show episode shares tax preparation tips that you've probably never heard of before. We want to help you avoid the most common mistakes that people make when filing their income tax returns.

Transcript

Click on a timestamp to play from that location

0:00.0	Tax time. Doesn't that excite you? Okay, I realize it doesn't. However, tune into today's show.
0:06.8	We're gonna give you some angles on tax preparation that you've never heard. The 10 mistakes to
0:11.3	avoid to keep you out of tax trouble. Tune in, money guys shows go do it the money guy way.
0:17.2	It's Brian Preston, the money guy. Restoring order to your financial chaos. Retirement.
0:24.0	Investing. Taxing. You've got financial questions. He's got financial answers. It's Brian Preston,
0:31.2	the money guy. Well, the intro. It was it was a beautiful thing to watch take place.
0:38.4	That's because I went three different ways in the three different tanks. As you guys, I don't
0:41.9	know if you'll ever caught on. We don't really edit this show. The only thing that ever gets,
0:46.9	well, a lot of stuff gets screwed up. The only thing that ever gets fixed that's screwed up is
0:51.4	sometimes the start process. We're like a 1910, 1915. We have to crank it, like an old model
0:59.0	Ford model T. Yeah, I'm with the crank it. So we make mistakes in the beginning, but we got this
1:04.2	thing rocking and rolling now on our third take. We go we ought to start putting those outroes. I
1:10.0	don't know if I want those outroes kept, but we could put them at the back of shows at some point.
1:14.8	Guys, this is one of those shows that at first when I heard because Bo was the one said,
1:21.2	we ought to do a tax episode. It seems like it's that time of year. I'm like a tax episode.
1:26.3	Realize guys, I have close to two decades of actual tax preparation experience. I sold my
1:31.6	tax business about five years ago. I don't know if it's because I did it so long. I just assume
1:38.3	all you guys are tax experts too, but there is a lot of experience with representing clients
1:44.3	in front of the IRS as well as tax preparation and other things that I just consider it boring.
1:49.3	But Bo has a very good point that this is the perfect time of year to talk about taxes and then
1:54.8	also worry because guys, we recognize part of the show is not only to educate you on how to go
1:59.6	beyond common sense. We want to entertain you. And the last thing I'm already worried about in such a
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.