Today on Paychecks & Balances, we welcome back Rianka Dorsainvil to the podcast. Since her last visit, she has become a part of CNBC's Digital Financial Advisor Council, which consists of 20 high-level financial professionals that make investment terms and strategies more transparent and she writes a monthly column for PBS NewsHour. Rianka is a Certified Financial Planner and both the Founder and CEO of “Your Greatest Contribution” or YGC. She continues to establish herself as a leader in the financial world and has been published in Black Enterprise, CNBC, Financial Advisor, ThinkAdvisor, MarketWatch, US News & World Report, Women’s Health and many more.

In this episode, you’ll learn how to become financially transparent with your partner, position yourself for the next tax year, understand how new tax laws affect you, decoding deductions, and how to empower yourself with tax knowledge.

Highlights:

• The Walkaway Experience of starting a new business
• Why Financial Transparency is paramount in a relationship
• Avoiding “lifestyle creep” so you don’t lose momentum with your wealth
• Tax Prep vs Tax Planning: Tax Prep: Getting your documents in order, going back to see if you can deduct expenses. Tax planning: strategically planning for the next year so missteps don’t happen again

• New tax laws might affect you and how you do your taxes
• You can always amend your taxes
• Using your 401(k) to get a better tax break
• What are Quarterly Taxes? Who has to pay them?
• Keeping meticulous records is the key
• What can be written off?
• Incorporating tax planning into career, family, and future

Key Takeaway: By tax planning throughout the year, you can empower yourself, your business, and develop life long habits that will ensure for wealth and prosperity.

Paychecks & Balances

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Rianka Dorsainvil

Websites: http://riankardorsainvil.com/

http://yourgreatestcontribution.com

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