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A tartalmat a Ralph V. Estep, Jr. and Ralph V. Estep biztosítja. Az összes podcast-tartalmat, beleértve az epizódokat, grafikákat és podcast-leírásokat, közvetlenül a Ralph V. Estep, Jr. and Ralph V. Estep vagy a podcast platform partnere tölti fel és biztosítja. Ha úgy gondolja, hogy valaki az Ön engedélye nélkül használja fel a szerzői joggal védett művét, kövesse az itt leírt folyamatot https://hu.player.fm/legal.
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Wait, what are estimated taxes and do I actually have to pay them?

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Manage episode 463695190 series 1791561
A tartalmat a Ralph V. Estep, Jr. and Ralph V. Estep biztosítja. Az összes podcast-tartalmat, beleértve az epizódokat, grafikákat és podcast-leírásokat, közvetlenül a Ralph V. Estep, Jr. and Ralph V. Estep vagy a podcast platform partnere tölti fel és biztosítja. Ha úgy gondolja, hogy valaki az Ön engedélye nélkül használja fel a szerzői joggal védett művét, kövesse az itt leírt folyamatot https://hu.player.fm/legal.

Feeling overwhelmed by taxes is a common experience, especially when it comes to estimated taxes. Ralph Estep Jr. addresses this critical topic by breaking down what estimated taxes are, who needs to pay them, and how to avoid those dreaded penalties. He shares a relatable story about a freelance graphic designer named Mike, who learned to manage his taxes effectively through a simple system that provided him peace of mind. By emphasizing the importance of proactive planning and cash flow management, Ralph offers practical steps that anyone can implement to take control of their tax obligations. This episode is not just about numbers; it's about empowering listeners to overcome confusion, gain confidence in their financial responsibilities, and answer the question, "What are estimated taxes?"

Read today's blog article

Check out the full podcast episode here

Podcast Timestamps:

00:00 Episode Overview

02:14 Listener Question: Beth's Tax Struggles

03:33 Biblical Perspective on Taxes

04:47 Today’s Gratitude Statement

06:44 Mike's Story: A Lesson in Tax Management

11:54 Steps to Manage Estimated Taxes

15:05 Call to Action

16:46 Reflection Questions

19:12 Final Thoughts

Takeaways:

  • Estimated taxes are crucial for managing cash flow and avoiding IRS penalties.
  • Setting aside a percentage of income for taxes can prevent financial stress at year-end.
  • Using a separate savings account labeled 'taxes' helps track money for tax payments.
  • Mark your calendar with estimated tax payment dates to maintain compliance and reduce anxiety.
  • Understanding your tax obligations can empower you and transform your financial management.
  • Tax planning is essential for financial peace and requires proactive strategies throughout the year.

Links referenced in this episode:


LISTEN NOW

WATCH NOW ON YOUTUBE (OUR VIDEO VERSION)

WATCH NOW ON RUMBLE (OUR VIDEO VERSION)

VISIT OUR ASK RALPH SHOW GEAR STORE FOR ALL KINDS OF COOL MERCHANDISE - ENTER THE CODE "FREEBOOK" FOR A FREE DOWNLOADABLE COPY OF MY BOOK "MASTERING YOUR FINANCES"

JOIN OUR FACEBOOK INSIDERS GROUP

SUPPORT THE SHOW

JOIN RALPH LIVE - EVERY TUESDAY AT 1PM EST

Please share our Podcast with all your friends and family!

Submit your questions or ideas for future shows - email us at

ralph@askralph.com or leave a voicemail message on our podcast page

Leave A Voicemail Message

Like us on Facebook and follow us on Facebook at

https://www.facebook.com/askralphmedia Twitter (@askralphmedia) or visit www.askralphpodcast.com for more information.

To schedule a consultation with Ralph's team, contact him at 302-659-6560 or go to www.askralph.com for more information!

Buy Ralph's Book - Mastering Your Finances! on Amazon

Buy Ralph's Book - Gospel of Entrepreneurship: Following Jesus in Your Business Journey on Amazon

  continue reading

658 epizódok

Artwork
iconMegosztás
 
Manage episode 463695190 series 1791561
A tartalmat a Ralph V. Estep, Jr. and Ralph V. Estep biztosítja. Az összes podcast-tartalmat, beleértve az epizódokat, grafikákat és podcast-leírásokat, közvetlenül a Ralph V. Estep, Jr. and Ralph V. Estep vagy a podcast platform partnere tölti fel és biztosítja. Ha úgy gondolja, hogy valaki az Ön engedélye nélkül használja fel a szerzői joggal védett művét, kövesse az itt leírt folyamatot https://hu.player.fm/legal.

Feeling overwhelmed by taxes is a common experience, especially when it comes to estimated taxes. Ralph Estep Jr. addresses this critical topic by breaking down what estimated taxes are, who needs to pay them, and how to avoid those dreaded penalties. He shares a relatable story about a freelance graphic designer named Mike, who learned to manage his taxes effectively through a simple system that provided him peace of mind. By emphasizing the importance of proactive planning and cash flow management, Ralph offers practical steps that anyone can implement to take control of their tax obligations. This episode is not just about numbers; it's about empowering listeners to overcome confusion, gain confidence in their financial responsibilities, and answer the question, "What are estimated taxes?"

Read today's blog article

Check out the full podcast episode here

Podcast Timestamps:

00:00 Episode Overview

02:14 Listener Question: Beth's Tax Struggles

03:33 Biblical Perspective on Taxes

04:47 Today’s Gratitude Statement

06:44 Mike's Story: A Lesson in Tax Management

11:54 Steps to Manage Estimated Taxes

15:05 Call to Action

16:46 Reflection Questions

19:12 Final Thoughts

Takeaways:

  • Estimated taxes are crucial for managing cash flow and avoiding IRS penalties.
  • Setting aside a percentage of income for taxes can prevent financial stress at year-end.
  • Using a separate savings account labeled 'taxes' helps track money for tax payments.
  • Mark your calendar with estimated tax payment dates to maintain compliance and reduce anxiety.
  • Understanding your tax obligations can empower you and transform your financial management.
  • Tax planning is essential for financial peace and requires proactive strategies throughout the year.

Links referenced in this episode:


LISTEN NOW

WATCH NOW ON YOUTUBE (OUR VIDEO VERSION)

WATCH NOW ON RUMBLE (OUR VIDEO VERSION)

VISIT OUR ASK RALPH SHOW GEAR STORE FOR ALL KINDS OF COOL MERCHANDISE - ENTER THE CODE "FREEBOOK" FOR A FREE DOWNLOADABLE COPY OF MY BOOK "MASTERING YOUR FINANCES"

JOIN OUR FACEBOOK INSIDERS GROUP

SUPPORT THE SHOW

JOIN RALPH LIVE - EVERY TUESDAY AT 1PM EST

Please share our Podcast with all your friends and family!

Submit your questions or ideas for future shows - email us at

ralph@askralph.com or leave a voicemail message on our podcast page

Leave A Voicemail Message

Like us on Facebook and follow us on Facebook at

https://www.facebook.com/askralphmedia Twitter (@askralphmedia) or visit www.askralphpodcast.com for more information.

To schedule a consultation with Ralph's team, contact him at 302-659-6560 or go to www.askralph.com for more information!

Buy Ralph's Book - Mastering Your Finances! on Amazon

Buy Ralph's Book - Gospel of Entrepreneurship: Following Jesus in Your Business Journey on Amazon

  continue reading

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