PODCAST: The Future of Certified Financial Planners with Kamila Elliott
Subscribe FREE wherever you listen:
Apple Podcasts | Google Podcasts | Spotify | Overcast | RSS
Links and resources mentioned in this episode:
- IRS Free File: Do your Taxes for Free
- How to File Your Taxes for Free
- IRS Free File fillable forms
- Extending Financial Planning’s Reach
- About CFP Board: History
- CFP Board: Center for Financial Planning
- PODCAST: Why Pay Money to File Your Taxes?
- Child Tax Credit FAQs for Your 2021 Tax Return
- CFP Board: Kamila Elliott bio
- Foundation for Financial Planning
- The Financial Fiduciary Standard Explained
Transcript:
David Muhlbaum: At Kiplinger, we talk to a lot of Certified Financial Planners. They give us guidance on the best practices they’re using for their clients, and other insights into personal finance. But today, we’re going to talk to the woman who is, in a way, in charge of all of them, and how she’s working to make CFPs a more diverse group. Also, ways to file your taxes for free, all on this episode of Your Money’s Worth. Stick around.
David Muhlbaum: Welcome to Your Money’s Worth. I’m kiplinger.com senior editor David Muhlbaum, joined by my cohost, senior editor Sandy Block. How are you doing, Sandy?
Sandy Block: I’m doing great. I’m feeling flush. I just opened a letter from someone who says they’re willing to buy our house as is. And I’m not going to say how much they’re offering, but it was well more than I thought our house was worth, especially given all of the dog hair that is within.
David Muhlbaum: Good for you. But it was an actual someone, like an individual, or an investment fund. Can you tell?
Sandy Block: No, I can’t tell. Actually, it read like a letter from a guy, like a guy named Tom or something. But who knows? Maybe Tom is representing an investment firm. It’s hard to tell who the source is.
David Muhlbaum: That’s interesting for sure. I mean, I get plenty of refi offers, but generally the kind of mail like that, or what you’re talking about, too, it goes right to the recycling bin. So if I got something like that, I probably missed it. But we should get back to this when we talk with contributing writer Daniel Bortz, about home sales, which we’ll do in a couple of weeks. But not right now, because we’re like a month from the April tax filing deadline, so this is probably our last chance to take a swing at taxes. And last year, we did an entire episode on how to file your taxes for free. Good for us. We don’t necessarily have to do that all again, but let’s touch on this question from a 2022 point of view because a few things have changed. Right?
Sandy Block: Right. And the main thing, or one thing, because we really like to encourage people to check out because you really can file for free, your federal taxes, and in some cases, your state taxes too. And this year, in order to use IRS Free File, you need an adjusted gross income of $73,000. That’s up from $72,000 in 2021.
