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Episode 2250
If you’re going to pay taxes—and there are worse problems in life—you might as well do all you can to save on them. That’s my perspective: don’t complain, but definitely take deductions, credits, anything you’re entitled to. That season is coming up for many of us in the U.S., so today a caller wants to know about paying taxes on a credit card that offers cash back. Is this an all-new side hustle? Might there be some drawbacks? Let’s find out!"It's that time again: tax season is coming up. This year, I owe a good amount of money, in part because I made $15,000 in my side hustle. Thanks for the tips! But of course, now I owe some money on the money I've made. Fortunately, I set aside 30% of the profit as you suggest, but I'm wondering if there's a way I can use a credit card to earn cash back on the money I pay to the government. Is that a wild idea, or am I on to something?"Listen to today's episode to learn more... Yours in the revolution,
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Side Hustle Taxes: What You Actually Need to Know (No Panic Required)
A plain-English guide to side hustle taxes. What to track, what you can deduct, when to pay quarterly, and when to get an LLC. No jargon, no panic.
