Tax Season Tips with Ed Slott
Jill on Money with Jill Schlesinger
Audacy
4.6 • 1.9K Ratings
🗓️ 6 February 2021
⏱️ 15 minutes
🧾️ Download transcript
Summary
After a tumultuous 2020, the IRS will open tax filing season on Friday, February 12th, a few weeks later than years in the past. The deadline to file and pay any tax owed is once again different, with Tax Day being delayed to May 17, 2021.
To celebrate the upcoming opening of tax season, this weekend we're bringing you the second of three tax-related episodes,
Each will be sponsored by H&R Block.
As you're getting ready to file your taxes, remember that H&R Block has all your tax needs covered. Their experts have an average of 10 years’ experience. They’ve seen it all and can help get all the credits and deductions you deserve.
The first episode was all about your taxes and COVID-19, and in case you missed it, you can find it here.
This weekend is more of a general dive on everything you need to know as you prepare to file.
And just like the first episode, we're once again joined by the one and only Ed Slott, the ultimate tax guru and founder of IRA Help.
Have a money question? Email me here.
Please leave us a rating or review in Apple Podcasts.
"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.
Transcript
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| 0:00.0 | Welcome to the Jill on Money podcast. It is Saturday, February 6th. And guess what? Tax season officially opens on February 12th. So days away. But, you know, we are very excited that you are joining us because we have a lot of information ready to go. |
| 0:23.6 | And, you know, the part of the process that's very difficult around taxes is not just |
| 0:28.6 | gathering your documents, but understanding what you need to do. |
| 0:31.9 | The educational part of your journey begins right here with our guest, Ed Slot. Now remember, Ed's episode that we dropped |
| 0:40.9 | about a few weeks ago in late January, that's still available. And he's an expert. And you |
| 0:47.5 | know who else is an expert? H&R Block. They are the sponsor of this podcast, and they've got all |
| 0:52.7 | of your tax needs covered. |
| 0:55.2 | It's kind of cool. |
| 0:56.5 | Their experts have an average of 10 years' experience. |
| 1:01.0 | And, you know, it's great when you have an expert and all that experience. |
| 1:04.3 | They've seen it all. |
| 1:05.5 | They can help get you the credits and the deductions that you deserve. |
| 1:14.0 | H&R Block has a bunch of tax pros. They'll do your taxes for you, or you can walk into a local office or you can make an appointment. And if you |
| 1:19.7 | don't want to meet face-to-face, that's not a problem. You can drop your documents off. You can |
| 1:23.9 | send them a picture of your documents. They'll do the rest. All you have to do is review |
| 1:28.2 | and approve online. And even if you do it yourself or is out there, if you want to do your own taxes, |
| 1:34.1 | they've got tax pros at H&R Block who can help every step of the way. They can do that via screen |
| 1:39.7 | share or they can do it on demand with chat and more. So that's kind of cool. H&R Block is going to help you get your taxes done with or without the office visit this year. You can go to HrBlock.com. Remember, Block has your back, which is kind of cool. Okay. Now, our guest, Ed Slot, he is back. Ed actually has written a book. I believe I blurbed that book. Ed Slot is |
| 2:03.5 | awesome. It's called the New Retirement Savings Time Bomb. We'll talk a little bit about that. |
| 2:08.3 | But most importantly, we want to talk about taxes in general. We want to talk about what you need to do to |
| 2:13.7 | think about this tax year and beyond. This is the more general episode that you just, |
| 2:19.4 | this is your boot camp. This is your tax boot camp. And I suggest that if you have not done so, |
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