Sean Pyles
๐ค SpeakerAppearances Over Time
Podcast Appearances
It's great to be here.
Nice to meet you and Elizabeth.
Likewise.
So let's start with what's new this year in tax land.
Last year, Congress passed and the president signed the one big beautiful bill act, which extended a number of tax breaks from a 2017 tax law and made some other changes too.
What are some of the major elements that tax filers should be aware of?
Yeah.
One thing I've been wondering about is how many people are actually going to be affected by the no tax on tips over time?
Because it's a pretty small amount of the overall workforce, correct?
It also makes the process so much faster, too, when you are filing online and you're setting a direct deposit.
I found it to be pretty much instantaneous on my end.
I think that could be one downside to the movement toward electronic filing is that I actually really prefer getting all of my tax forms mailed to me so I can know that they're all there for the most part and then not have to remember my login for my brokerage account or my high yield savings account or whatever it might be, because that can just add more administrative burden if you're just trying to remember all of your passwords while you're just working to file your taxes.
Exactly.
I like that because when I did my taxes, I did cloister myself away in the office for a
And I just did it all in one go.
And by the end, I was kind of exhausted and frustrated and just wanted to go about my day that I just hit submit.
It was accepted.
Everything was fine.
But I probably could have benefited from just one breather and a final glance over before submitting it.
And that's good for one year, for that tax filing year, correct?