YFP 184: How to Optimize Your 2021 Tax Strategy

Dec 31, 2020

Paul Eikenberg, YFP Director of Tax and CFO, joins Tim Ulbrich to talk about how to optimize your tax situation in 2021. Paul discusses the difference between tax planning and preparation, common tax planning mistakes he sees pharmacists making, and strategies pharmacists should consider employing to optimize their tax situation.

Mentioned on the Show

• 2020 End of Year Financial Checklist
• File Your Taxes with YFP
• YFP 070: Pre-Planning for Tax Season
• Tim Baker, CFP® and Director of Financial Planning 
• Bureau of Labor Statistics: Pharmacists
• Federal Student Aid: Public Service Loan Forgiveness (PSLF)
• YFP 165: The Power of a Health Savings Account
• Why I’m Not Using My Health Savings Account to Pay for Medical Expenses
• Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes by Tom Wheelwright
• YFP Planning: Financial Planning for Pharmacists
• Why Most Pharmacists Should Do A Backdoor Roth IRA
• YFP 096: How to do a Backdoor Roth IRA
• Book a Discovery Call with YFP Planning