It's time to step into your role as a financial disciple! Compass Catholic's Change Maker Podcast provides practical tips for anyone who is struggling to live IN this world while not living OF this world. Join Caitlyn Kano, Executive Director of Compass Catholic, as she explores personal money management through a spiritual lens. We discuss personal finance topics, provide tips and practical advice and share our money stories, all from an authentically Catholic viewpoint. You don't need a high net worth to start living a rich live! To learn more about Compass Catholic Ministries, visit www.CompassCatholic.org. To be a part of this show, send an email to Podcast@CompassCatholic.org.
Episodes
Wednesday Feb 14, 2018
Wednesday Feb 14, 2018
It’s tax time, and here are some tips to reduce your tax burden:
- Decide whether to use the standard deductions or itemize your deductions
- If you itemize, track expenses that are deductible throughout the year.
- Take advantage of mortgage interest deductions
- Google W4 withholding calculators to determine if you need to adjust the number of deductions you are taking on your W4 form
- Boost your retirement savings and reduce your taxes
- Take advantage of employer programs for your health care flex spending and child care costs.
Your goal is to be tax neutral–not paying too much at tax time and not using your income taxes as an interest free loan to the government.
To learn more, connect with us via the Compass Catholic Blog.
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