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Motley Fool Answers

Take Steps Now to Make Your Taxes Less Brutal Next Year

Motley Fool Answers

The Motley Fool

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

4.4823 Ratings

🗓️ 12 April 2016

⏱️ 30 minutes

🧾️ Download transcript

Summary

Your Future Self will say “Thanks, Past Self!” after you follow advice from Megan Brinsfield (aka Taxy Pants) to ease the pain of doing your taxes next time around. We’ll also talk about the super duper ultra back door Roth IRA and play a rousing game of Flummox the Fools.

Transcript

Click on a timestamp to play from that location

0:00.0

This is Motley Fool Answers. I'm Alison Southwick and I am joined as always by Robert

0:08.1

Browcamp, personal finance expert here at the Motley Fool. He's also the editor on the

0:13.0

Motley Fool's Rule Your Retirement newsletter.

0:15.0

Yay! I say that a lot, don't I?

0:18.0

That's okay.

0:19.0

Well it's something to get excited about. Don't rule your retirement. Yeah.

0:21.6

Yeah.

0:22.6

Okay, tax day is upon us, and there's little we can do to help you at this point, but we

0:26.6

can help make filing your taxes next April so much easier.

0:30.6

And Megan Brinsfield is here with a few steps you can take now to make next year's tax burden

0:35.6

as painless as possible.

0:38.4

Hi, Megan.

0:39.5

Hi, Allison.

0:44.5

Our listeners will be so excited because their future self will say thank you, past self,

0:46.3

after they've heard all of our advice.

0:50.5

We're also going to find out why Megan is a super fan of the AfterTax 401K.

0:53.4

Yes, I'm a raging fan. All that and more on this week's episode of Motley Fool answers.

0:58.7

Megan Brinsfield joins us. She's a certified financial planner with Motley Fool wealth management. Say it with me.

1:04.7

A sister company of the Motley Fool.

1:08.2

Hi, Megan. Hi.

1:09.5

You love taxi stuff.

1:12.8

I do.

...

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