Tax Tactics: Paychecks, Pitfalls, and Payoffs

Unlock the mystery behind your paycheck and make tax time less taxing. This session will provide a comprehensive introduction to understanding income sources, deductions, and tax essentials that can help you make better financial decisions year-round. Whether you're new to taxes or want to refresh your knowledge, this class will equip you with practical insights to confidently manage your earnings and obligations to your favorite uncle.

What We'll Cover:

• Income Insights: Explore various sources of income, from wages to investments.
• Decoding Deductions: Learn what’s taken out of your paycheck and why.
• Paystub Power: Understand the breakdown of key figures on your paystub.
• Tax Time Tactics: Get familiar with tax rates, brackets, and deductions.
• Filing Fundamentals: Navigate key tax forms and uncover common tax credits.
• Smart Strategies: Discuss tips to optimize refunds and avoid costly mistakes.

By the end of this session, you'll have a firmer grasp of how to control, report, and maximize your income—all while keeping Uncle Sam happy!

Note: For this class, it will be helpful for you to bring a recent paystub and W-2.