Money Checkup With Anjali Jariwala

There have been plenty of changes to the 2018 tax returns as a result of the Tax Cuts and Jobs Act. Today we go over some of the big changes that might affect you and your tax return. Tune in to find out some of the forms that are no longer utilized, how the tax brackets have shifted, the changes to standardized and itemized deductions and more. And if you have a question about the changes made and we don’t cover it today, please feel free to reach out to me and I’d be happy to get you the answers you are looking for. Don’t forget, unless you’re under an extension, your individual taxes must be filed by Monday, April 15th 2019!  What We Will Cover Some changes you will see when filing your 2018 tax returns Forms that are no longer available What the new Schedule 1 is used for The adjustments that have been made to the tax brackets (and income thresholds) An interesting twist for the new tax brackets for single filers What happened to the personal exemption Changes to the moving expense deduction and who is s

Real Estate investing is popular and can provide for an income stream in retirement as well as diversification in your portfolio. But what are some of the important factors to think about before investing in real estate? What are the tax considerations you should be aware of before investing? And what’s a §1031 exchange? In today’s Money Checkup, Christina Woo and I answer these questions about real estate investing and more to see if this is the right investing path for you. We will talk about the metrics to know and understand when vetting an investment property. We will do a deep dive into what a 1031 one exchange is as well as provide key tax considerations to think about. We’ll also provide you some questions you can ask yourself to see if real estate investing is something you might want to add to your investment portfolio.  Christina is a top realtor in the San Francisco bay area with over 20 years of business experience. She has an MBA from Harvard and worked in management consulting at Bain and was a

Taxes can be a challenge for a lot of people. There’s an added level of complexity if you are or are thinking about becoming an independent contractor. The tax rules and planning differs from a W-2 employee. But what are they? Today on the episode we will dig into what those differences are. We will look at the benefits of being an independent contractor and some of the tax challenges you might also run into. As an added bonus I’ll take a deep dive into the Qualified Business Income deduction (“QBI”) that came out last year with the new tax changes. We will go over the good, bad and what you can do to optimize the QBI for your taxes this year. What We Will Cover The difference between an independent contractor and an employee An explanation of tax withholding Who’s required to send in estimated tax payments and how frequently What it means to “safe harbor” your estimated taxes How Social Security and Medicare differ for employees and contractors The tax rates and income thresholds for Social Security and Med

Whether you like it or not, there is an emotional component to how you approach money. In today’s episode Shanta Kanukollu and I discuss why we behave the way we do with our money and how that impacts the financial decisions we make. From the “money script” we’ve developed to the culture we were raised in, each aspect can impact your money decisions. Shanta Kanukollu, Ph.D is a Licensed Clinical Psychologist in downtown Chicago. She enjoys working with individuals from various cultural backgrounds. Her professional interests include working with clients who struggle with issues related to depression, anxiety, trauma, parenting concerns, tough life transitions, family dynamics and intergenerational conflict. Shanta graduated from University of Michigan with her doctorate in Clinical Psychology and Women’s Studies. What We Will Cover A few reasons money can be an emotional trigger How “the money script” affects the way we view money Partners often see the same financial activity in completely different lights

Sometimes to get a good understanding of something, we need to start with the basics. In today’s episode Kelly Klingaman and I discuss the investment basics to give you a better understanding of what your money can do for you. We will also provide some tools and tips you can use for your next money checkup. As a Regional Director with Dimensional Fund Advisors, Kelly Klingaman works with advisors from across the US on investment, messaging, and business strategy issues in order to sustain, improve, and grow their practice. She graduated from the University of Texas at Austin's McCombs School of Business with a degree in Finance, concentrated in investment management. Kelly has also held the CFP® certification since 2014. What We Will Cover What does “the market” mean when it comes to investing Getting back to the basics: Stocks vs. Bonds Evaluating the risk profiles of stocks and bonds The differences between a mutual fund and an ETF Fees to be aware of when choosing investments Dimensional Fund Advisors’ (“

It’s here! I’m really doing this! Money Checkup is live!   If you can’t tell, I am very excited about launching this podcast. For over a year I have wanted to launch a podcast to help educate a wider audience around all the nuances and technical knowledge around money. In the first episode I wanted to put it on the table around the WHY: WHY I launched this podcast; WHY I’m passionate about educating others around money; WHY I got to where I am today in my finance expertise. I’ll fill you in on just a few of the topics you can expect to hear about each time you tune in and I hope you join me to gain a better understanding on what checkups you need to do with your money. If you have questions, I want to hear them so we can address the concerns you have around your money. Enjoy! What We Will Cover Why Anjali started a podcast Guests you can expect and Anjali’s goal for you from the Money Checkup podcast Anjali’s journey and how she ended up in the finance industry The target audience Anjali enjoys working with