Episode notes
Write It Off? Not So Fast — Common Tax Deduction Myths Debunked
In this lively and eye-opening episode of How to Lower Your Tax Bill, host Terrence Hutchins is joined again by now co-host T’mia Kelly to break down one of the most misused phrases in personal finance—"Just write it off!" From W-2 employees trying to claim home office deductions to well-meaning givers misunderstanding charitable write-offs, this episode tackles the biggest misconceptions around tax deductions.
Terrence and T’mia explain why context matters, what’s actually deductible, and how blindly chasing write-offs can cost you more than it saves. This episode is a must-listen as we approach tax deadlines and gear up for smarter tax planning in the year ahead.
Key Topics Covered:
- The origin of the “just write it off” mindset ...