May 9, 2024
Taxes: Breaking Down Income, Sales, and Property Taxes
In this solo episode, Darrin takes listeners through the essentials of the U.S. tax system — what taxes are, how they work, and why they’re set up the way they are.
From income taxes, sales taxes, and property taxes to the ins and outs of tax brackets, deductions, and credits, this episode is a beginner-friendly guide to understanding taxes. Darrin also explains the difference between standard vs. itemized deductions and provides advice on filing your taxes confidently.
In this episode, you’ll learn:
- The basics of income, sales, and property taxes
- How tax brackets work (and why they’re progressive)
- The difference between deductions, write-offs, and credits
- Standard deductions vs. itemized deductions
- Practical ways to file your taxes
