Your Stimulus Check and Tax Time Quick Hits

Our 2 Cents – Episode #064

Your Stimulus Check and Tax Time Quick Hits

The Our 2 Cents podcast is back again this week with some timely topics. We focus on the latest stimulus package entering the economy, tax season and one of our very favorite things – answering some listener questions!

Another Round of Stimulus:

  • Warren Buffett has some advice on how you should spend your stimulus money – is he right?
  • What was the ultimate goal of the stimulus package? Did it succeed?
  • Looking back 1 year ago and how the markets have reacted to COVID and the stimulus packages

Tax Time Quick Hits:

  • The tax filing deadline has been extended, should you wait or file now?
  • RMD’s, IRA contributions, home office deductions and more
  • What are the benefits of working with a tax planner and what do they do that is different than a tax preparer?

Listener Questions:

  • “It seems like inflation has not been very bad recently. Should I be worried about it in future years?” – Mike, Rolling Meadows
  • “Some people in the media say that I should invest primarily in mutual funds, and they say I can expect annual returns north of 10%. I do not even need a return that big at my age, but I am intrigued by the idea of it. Where do I find these funds?” – Shannah, Glenview

Tune in now to join us for this discussion!

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