Women on the Verge of Doing Their Taxes

Taxes. Ugh. Whoops. I mean: What a great opportunity to save money and pay your fair share!

Many of us never learned how to take advantage of different strategies to avoid paying overly high taxes because we started out not making enough to have any money to protect. But, we have to learn all this stuff to build our wealth and be smart with our income. No matter how painful it is.

Oh, and what the hell is a capital gain?

In this episode, Sara and Caitlin grill Austin-based CPA Erica Fink who works for Mangold Anker Phillips, a professional accounting firm, about all the ways we can take advantage of tax saving programs and strategies. We promise there are only a few references to the tax code.

Erica tells us the one thing a woman on the verge of a financial breakthrough can do to level up her tax planning game through taking advantage of employer-supported retirement account matches, HSAs, FSAs and TSAs.

Just kidding about the last one. It’s hard to make taxes fun. We promise you’ll learn something and it’s the least boring version of tax learning that it could possibly be.

Oh! And do you have a passive income story? A success? A failure? Tell us about it in a voice memo and e-mail it to: womenonthevergepodcast@gmail.com

Ask us your dumb investing and finance questions for Season 2 on our Ask Us page!

This episode was edited by our co-producer Kelly West. Music by Bad Bad Hats and Devmo.