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Networth and Chill with Your Rich BFF

How Taxes ACTUALLY Work

Networth and Chill with Your Rich BFF

Vivian Tu

News, Business, Careers, Business News, Entrepreneurship

4.41.6K Ratings

🗓️ 26 February 2025

⏱️ 26 minutes

🧾️ Download transcript

Summary

Guess what besties, tax season is upon us! In today’s episode of Networth and Chill, Vivian demystifies the tax code and reveals proven strategies to maximize your refund. Learn the costly mistakes that drain thousands from taxpayers' pockets each year, and discover how to keep more of your hard-earned money throughout the tax year. Whether you're a seasoned filer or new to taxes, you'll walk away with actionable tips to optimize your financial future. Remember: Tax Day is April 15 – don't miss the deadline to file or request an extension! Follow the podcast on Instagram and TikTok! Want to file your taxes for free or see if you qualify? Check out https://www.irs.gov/filing/irs-free-file-do-your-taxes-for-free Got a financial question you want answered in a future episode? Email us at [email protected] Thank you to our sponsors: Apple Card Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

When you walk into your first job, you get your first paycheck and you see all of these numbers taken out.

0:05.5

When it comes time to file your taxes, you are very confused.

0:08.7

But we're going to go over some of the most common mistakes so that when you file, you do it correctly.

0:13.8

And we are going to go step by step to make sure that you have the necessary tools to feel confident when you are filing.

0:19.0

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0:20.8

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0:24.0

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0:28.8

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0:33.1

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0:37.9

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0:43.6

Sign up for your $1 a month trial at Shopify.com slash setup.

0:58.6

What's up, rich friends? Welcome back to another episode of Net Worth and Chill.

1:01.6

I'm your host, Vivian 2, aka your rich BFF and your favorite Wall Street girlie.

1:06.8

Today, we are going to cover the sexiest, hottest, most fun topic ever, taxes.

1:13.3

Oh, yeah, baby.

1:14.8

Okay, so listen, maybe not the sexiest, and it's probably not how people would normally

1:20.5

describe their taxes.

1:22.0

But tax season is here, and I know a lot of you are probably thinking, how do I even do my taxes? How do I

1:29.3

legally pay as little as possible? We're going to go over some of the most common mistakes,

1:34.4

how you can best file and ways to make sure you are taking full advantage of the tax code to

1:39.5

pay less to Uncle Sam while still playing 100% by the rules because we do not want beef with the U.S.

1:47.0

government.

...

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