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Motley Fool Answers

Serious Fun with Taxes

Motley Fool Answers

The Motley Fool

Taxes, Saving, Money, Investing, Planning, Retirement, Personalfinance, Finance, Education, Business

4.4823 Ratings

🗓️ 16 October 2018

⏱️ 42 minutes

🧾️ Download transcript

Summary

With the help of Megan Brinsfield, a financial planner with Motley Fool Wealth Management, we’ll explore the new tax laws and discuss ways to reduce your tax bill come April. We’ll also explore the October Effect and whether this month really is a cursed time for investors.

Get the FREE guide, “Crushing the Five Barriers to Growth”, at NetSuite.com/FOOL.

Transcript

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0:00.0

This episode of Motleyful Answers is brought to you by BambooHR. Do you run a business or work in

0:05.1

HR? Bamboo HR can manage all your employee data and automate countless tasks in one easy-to-use system.

0:11.4

Get an extended 14-day free trial at bamboohr.com slash fool. That's bamboohr.com slash fool.

0:19.0

Also thanks to NetSuite by Oracle, the business management software that

0:22.7

handles every aspect of your business in an easy-to-use cloud platform. Get the free guide, crushing

0:28.3

the five barriers to growth at NetSuite.com slash fool. This is Motley Fool Answers. I'm Alison

0:37.3

Southwick and I'm joined as always by Robert Brokamp, personal finance expert here at the Motley Fool Answers. I'm Allison Southwick and I'm joined as always by Robert Brokamp,

0:39.6

personal finance expert here at the Motley Fool. Hello, Bro. Hello, Allison. So today we are going

0:45.2

to welcome Megan Brinsfield into the studio to offer up some tax, end-of-year tax guidance. You're like,

0:50.5

wait, the year isn't even close to being over, but no. It sort of is.

0:54.8

Is it?

0:55.3

Yeah.

0:56.5

I counted.

0:58.5

We have less than 11 weeks left in the year.

1:02.8

But most people don't start thinking about their taxes until six months from now.

1:04.5

But Bros. are already listening to Christmas music.

1:05.4

That's true.

1:07.2

I wasn't listening to Christmas music.

1:20.9

All right, we digress. The point is, is that we've got Megan Brinsville on the show to offer up some end-of-year tax guidance because you are so good with your money, you are already worrying about your taxes, and that's what we love about you, Motleyful Answers. All that and more on this week's episode of Mollyful Answers.

1:30.8

So, Allison, what's up? Well, bro, we just had a heck of a fright. On Tuesday, the Dow dropped 800 points, the most since February.

1:33.1

Do you remember that horrible day in February?

1:34.7

I do remember that.

...

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