Beantown Podcast - Taxes Special Year Six ft. Matthew T Fiedler (04142023 Beantown)

Episode Date: April 15, 2023

Quinn comes to you LIVE with special guest and friend of the show Matthew T Fiedler to discuss the cheese tax, play some fun tax-related games, and desperately try to remember Kristin Chenoweth's name. What a time to be alive.

Hey, what's going on? It's Quinn David Fernis. Welcome to my show, Quinn David Fernis presents the Bean Town podcast for Friday, April 14, 2023. What's going on? How are you? What's happening? My name is Quinn. And this is my show. I am the set designer, chief caterer, assistant producer and executive producer on this fine program. Quinn David, for instance, the Bean Town podcast. We are one of the top 500 podcasts on the north side of Chicago. And you know what, we got a special guest today. That means two of us. So bump us into the top 250. That also means, and I don't even remember what the exact number was 112

Podcasts and Pakistan something like that primarily out of the cashmere region Thank you to all of our friends in cashmere kaiber pass Karachi You know outer Tibet wherever you are listening from for making us the 112th ranked comedy podcast in the great Islamic Republic of Pakistan Get this out of the way listener discretion is advised when you're listening to this program quaintive first-presents The Bean Tom podcast someone will occasionally do some language number two this podcast is objectively terrible, but I guarantee you You guys a poloase, pour yourself a whiskey

or a nice neon beer hug from Guest Island, Birko, you can get the Tallboy from Jewel on sale now for $3. It's gonna be satisfying. It's weedy, yeasty, and flavorful. Cause we have a special guest on, he is no stranger to this program. He is no stranger to this program. He is no stranger to podcasts. He is the creator and co-host of the White Noise Podcast.

New episodes every week as of 2019. So go find it where it's chocolate. Go find me too. Because it's going to be a fun episode. Friend of the podcast and taxes expert Matthew F either welcome back to the bean dump podcast. What's going on? How are you? not cast and that's true, but that doesn't mean that I'm not strange. I think every year I make it my disclaimer upfront that I am not a tax professional and that's not what I get paid to do, but I think until you have people writing me your comments about me stirring them wrong, I will still have this, have this frost of air every year, so I welcome it.

Well, you mentioned Strange. You mentioned Stranger. I'm curious. Billy Joel is the stranger. A classic 1977 album same year as Star Wars, same year as what is the other one? Jaws in 1975, no close encounters of the third kind, 1977, back to Billy Joel.

I'm curious what would you say are your top five songs from Billy Joel's The Stranger 1977 album. She's out of the office. I am a fan of Billy Joel. I will say that very tailed musician. Although deep cuts I probably am not going to do myself with the service and pretend like I am efficient out of his back catalog. I don't know what songs were on the album stranger, but I do like Vienna. That is one of my favorite songs from him.

Well, let me, so I'll tell you this. And it's one of those, this is one of those deals where you're going to hop off our recording later tonight and you're going to stop all the presses you're going to know well you're going to listen to the whole album because here are the five you read I don't know if you're ready for this because you're thinking oh it's the stranger it's not a big album no one really listened to it maybe sold 17 copies here there I'm here to tell you this was a huge album from Billy Joel here are the five singles from the stranger number one Just the way you are

Number two moving out parentheses Anthony song number three Great song. Uh-huh number three is the stranger which I don't know if you know that song, but it's got a great song Oh, I never met a weird thing sometimes these elbow names. It names that's like, I don't know what's on there And I never know the name of the album. I just know some of the songs that are on the phone Real real talk the stranger is a fantastic song. It's got a nice little whistle intro and outro And then the kind of body of the song is is very like greedy minor key Billy Joel feels very angsty.

You're definitely going on to check that one out. I'll also take this opportunity to plug the album cover from the stranger. He's kind of like lying in a bed holding like a clown mask, like Phantom of the Opera or something. I think I say like a bouquet of roses. No, he's a stranger. So, number four, a number four single here, Okay, I know he's a stranger. No

Number four, number four single here. We have only the good die young and then number five. She's always a woman So yeah, I Recognized more of those song names that I Well, yeah, if you told me you know 10 Billy Joel songs, you know, I bet four of those five would have been on there. So it's a it's a bang in album. It's a it's pretty good. I just looked up to cover photo and it does not disappoint. Three angsties. Uh-huh. Extremely angsties.

Uh-uh. The Concerts is a little uh, a little creepy. I will say that, but tasteful. Yeah. Creepy yet tasteful. That's kind of this program in a nutshell. Well, every year we bring Matt Fileron because he has a background in money and there's one thing I love on this program. It's making money for charity for me for, you know, all of our guests who we pay handsomely, H-A-N-D-S-O-M-E-L-Y handsomely. Matt comes on every year very generously to talk taxes with us.

He mentioned at the top of the show he is not a tax professional. He's not a CPA. But Matt, you do have, I think, it's probably, is it in the last 12 months that you have this new position maybe not maybe I'm just bad at keeping track of time. That is accurate. So without you know going way into it and you know risking your your employment and your health insurance and all that stuff tell us a little bit

about this new venture in life that you are pursuing. Well, the benefit here, Quinn, is our health insurance is currently through my fiance's plan. So, for not only thinking about losing a job, besides the cash roll that we're bringing in. So, I will avoid certain details, maybe keep it along, big US. But, yeah, I left the world of public accounting for more private accounting, or I'm not sure if you're going to be able to do that. I'm not sure if you're going to be able to do that. I'm not sure if you're going to be able to do that. I'm not sure if you're going to be able to do that. I'm not sure if you're going to be able to do that.

I'm not sure if you're going to be able to do that. I'm not sure if you're going to be able to do that. I'm not sure if you're going to be able to do that. I'm not sure if you're going to be able to do that. I'm not sure if you're going to be able to do that. I'm not sure if you're going to be able to do that. I'm not sure if you're going to be able to do that. I'm not sure if you're going to be able to do. And I've kind of learned another role,

which is exciting. I've always found kind of real estate to be fascinating. And the one thing I'll say is, you know, being fairly young in my career and not striking it big and Bitcoin, I would rather learn from other people before maybe investing my own money in the real state space. So this seems like a good opportunity to do that.

So that's what I've been doing for since June of 2022. I like my position so far and I've got to use a lot of different softwares, do a lot of modeling and performance and all that good stuff. So it's been a welcome change. And I will say this, I've learned a lot in my public accounting role. But the hours are not something that I was an earlier fan of. So it's nice to maybe pull away from that a little bit too. So.

Would you characterize or classify yourself as working in house? Yeah, I would say in house. I work remotely. So in that extent or in apartments, because that's where I'm on your side. But yeah, so I am an in house accountant for this company. And on the topic of in house, what are your thoughts on the topic of in-house, what are your thoughts on the great 1976 single from the British band Madness R House parentheses in the middle of the street? Any thoughts on that? The name's not sure, Miller, maybe if you could help me ask you to check the house. In the middle of the street.

Okay, okay, yeah, I remember. It's okay. That says enough. It, okay, yeah, I remember. It's okay. That says enough. It's no Billy draw, I'll say. No, well, it was a year before, so they're the pioneers here. Well, we talk taxes every year on this great taxes special, and we're gonna have,

so to give you a preview, what we're doing today, because this is not your grandma's taxes, okay? We're gonna be playing games. We've got a great palindrome. We've got more games. We've got tax. Trivia, we've got something from TikTok that I think the fans are really gonna love.

We've got in-depth analysis on the quarterback position. So there's a ton going on here. And just a foreclosure here, we are gonna be moving very fast, okay? So keep up, if you normally play this show at three times speed, because I like to draw things out, you're going to want to bump that back down to 1.5x on your Apple Podcast app. Or wherever you get your podcast today. But first, I want to ask Matt, before we get into our first game of the day, which Matt actually came up with, but I chose the answers.

Matt, tell us about the state of taxes generally. In April of 2023, you know, a tax day is Tuesday, April 17th this year. A lot of folks are nervous. They're wondering what should I do. They've seen about one gazillion turbo tax ads on YouTube because I sure have. So, so, Qualm are feel fears a little bit. How should we feel about taxes this year? Well, I'll say this, I want to correct a little bit of misinformation, you just pedaled there.

It's actually Tuesday the 18th of April. But if you get your taxes submitted by the 17th, that's all the matter for you. So go with the date, not the date of evidence mentioned. And ideally, you probably would have had your taxes submitted at this point. I'll say personally, I typically go the route of getting everything entered by the beginning of February and then not clicking submit on turbo tax. I'm sorry. I just submitted my taxes yesterday. So making sure that I got

everything that I needed to claim on there. The state of taxes, we live in a wild time. I don't think that's a new sentiment to share here. I think as time goes on, I think we see taxes suddenly increasing each year. At least the tax burden or the tax effective tax rate hitting most Americans is steadily increasing. So you're going to have to, you know, give to Caesar what a Caesar is as well. But I would recommend to just a lot of things in the day to share this sentiment last year too, is for a lot of younger people that are within the 20 to 30 year age range, be cognizant of retirement, be cognizant of saving up, not getting a penny, get that you can avoid that these younger stages of your life because cap-down interest is your front.

And if you're going to make poor financial decisions or go through hardships, now is the time to be slightly a little bit more. Risk, prone, I guess, in your investments because you have a little bit more time to make that fact. So, not directly tax advice, but also be cognizant of the tax rates, probably are going to continue to increase in the future. So again, each individual has maybe, I don't know, I can speak broadly for everyone, but it's worth exploring raw options for 401Ks and for IRAs when you do your investing too. So something that you should definitely explore.

Well, you're practically hosting this show for us because I'm not going to lie I've been sitting back here on my couch for 30 seconds here. If there's one legitimate tax question I was going to actually ask you today and I don't think we've talked about this on our show before. This is probably our sixth tax special we've done together. My question is Roth IRA versus traditional IRA. And you know, for all, you know, there's probably a million people downloading this episode just for the fond just for the comedy but there might be

that one young person you know maybe they're just getting out of college they're finding their way they're they're hearing all these terms what is it what is an IRA you know do I want a Roth IRA do I want a traditional IRA give us a quick breakdown of of some of the things you should be looking for when you make that decision between which one to open So I'll lead the saying that when I First started kind of working in the world of accounting, and I had pretty, pretty smart financial people around me just, you know, by proximity, really. And I have the option as I think many or a decent number of Americans do when they, when they take a full-time position of

investing in a 401k. Now, depending on your employer, your options may vary. But typically what happens with a 401k is you will invest in more or less a target day fund. And the thought behind that, let's say my sites are set to retire in 2060 or something like that. If you invest in a target day fund that's geared towards the year 2060, any money that you invest in that fund in the earlier years of the fund will be a little bit more risk heavy. It'll invest in a little bit more stocks, some domestic stocks, some international

and foreign stocks, and not as much will be invested. Now, as you get older, your risk is going to, you want that to go down, right? Because if you're nearing retirement, you want to make sure you've secured the funds that you've made over that period of time. So it'll kind of phase into less risky investments. And then when you retire, awesome. You can start pulling from that. The difference between a Roth type of financial vehicle and it's counterpart, which just would just be a regular 401k is when you pay tax. So with a typical 401k, let's say you get a, I check a three-year employer and we'll say it's maybe a flat $500 for a week or whatever.

And you say, okay, I want to pay 10% to my 401k. Well, it'll just, it'll pay 10% to your 401k before any taxes are taken out. And if you had a Roth option, you would pay tax and then the 10% will be taken out. So effectively, if you just go with a standard 401k, you put more money into that investment than if you were to do a Roth action. Now, at the end of the day, when you're retiring, the benefit for a Roth action is you don't pay tax when you pull that money.

Whereas with the other option, with the regular 401k, you pay tax because it's been set there. So typically people go with regular 401k options, their balance might be much larger in their investment account, but there's also a tax burden that's yet to be paid. And the same is true for an IRA and a Roth IRA too. Typically, I see people use IRAs as a supplement to their investing to a 401k and they max out their 401k that they can open up an IRA because there are limits of how much you can put into each of those financial vehicles in a given year. I think that might answer your question if I haven't confused everybody already. Now let me let me cap it off by asking you this. If you do a traditional IRA, are you going to be taxed and I think I know the answer, but for our listeners who are less financially savvy,

the non-daiv Ramsey's out there, you're going to be taxed on your initial investment and the growth for a traditional IRA. Is that correct? That is correct. Good stuff. This is hard hitting reporting here from art. You know, he says I'm not a tax professional. I don't know taxes and then we bring him on here And he's just a genius a tax wizard Hi Matt, how do you feel you want to play a game? All right, you text you

I'm glad you mentioned that because we have a Roku TV in our bedroom and one of and I don't really know all the channels that Roku gives you for free, but the ones that always pop up for us are Fear Factor, Dealer No Deal, and then Price is right. So we have been watching a lot of prices right before bed in the last month, two months or so. And I got to tell you, I know how much the tried and gum from 1986 costs and I know the You know the 87 olds won't be all I am on top of all that stuff. There's a lot of Useful information. It's extremely useful. I'll say this very briefly. We watch so you know the the final showcase showdown

You get you know two big showcases usually usually three prizes, eat something like that. We were watching the other night, and I swear to God, there was the first showcase, and it was kind of average. It wasn't anything crazy. I don't think there was no car, there was no trip. So if there's no car, there's no trip, and you're the first one, you can decide to bid or pass. It's kind of like, all right, something big

is going to be coming, right? So let's just pass, it's fine. It's like dining room stuff and, you know, whatever. So this lady passes after seeing the first showcase. It's worth like 8,000 or something. The second showcase comes up, I've never seen anything like this before. The theme was miniature or tiny or little or whatever. And I'm going to see on the spot if I can remember everything.

It was, first was the world's smallest color television. And this is from 1985, something like that. So, you know, color TV is probably relatively new at this point, but not groundbreaking. And the whole thing is that it's super small, which is like, okay, it's this, you know, probably like four by four inch screen, I'm not joking, that is like super small, which is like, okay, it's this, you know, probably like four by four inch screen, I'm not joking that is like super deep, it goes back probably like two feet, something

like that. That was one of them. Another one was a miniature doll house. And so you're just sitting there like, okay, so we've seen the first two, these are kind of, I mentioned listener discretion is advised, kind of shitty prizes. So obviously there's gonna be like the big trip, right? Or the new station wagon, like something big is coming. The final prize was two miniature cars. Like those little things you would buy, you know, at best, or you know, Target or Kmart or something

for like 200 a piece for your kids. Like those were the thing. That was the final prize. And so that was the showcase. That this lady had a bid on and she overbid the other lady won her showcase, but it was just, this is a severe price. I don't need, well, they don't reveal the individual amounts of each prize, but it was just, sometimes you'll see those showcases where the first two prizes are kind of crappy, but then it's like, oh, and you also get this new whatever, like, nice car, a trip tour of Europe or something. But this one was just, and we were half asleep, I couldn't believe what I was watching, it was mean like I can't imagine walking home and be like oh

I yeah, I want to Yeah, small color TV and a dollhouse and some miniature cars for children like that was my big other people walk away with like Yeah, it's just hard to navigate. Yeah, it's like, I mean so many people walk away. If you win the showcase, you usually walk away with like, you know, a washer dryer, a trip to Italy for six days and maybe like a new, you know, $6,000 car or something from four years ago.

Yeah, and I felt, I mean, that lady didn't win anyways. But anyways, that was a price is right tangent. We do watch it all the time. But let's play a game here. We're going to play a game here. Matt came up with it. It's called Date Mary Tax. And he gave me the first grouping of people.

But the second two are going to be a surprise for him. You might be familiar with this game, Date Mary Kill, is a way to play it, but we're doing date Mary tax today because this is our tax is special. So Matt, our first grouping today, which you know about, Hitler, Stalin, and Ganges Con, what are your thoughts? Date Mary Tax? And so when I mentioned this, and this is just our kind of our selection for reference. But my thought was, date, gang is gone,

Mary Stalin, and then Tax Hitler. I think, I think, gang is kind of probably a little toxic, probably a little bit of an abusive and any relationship. I don't have a hard science or how to back that up. It's just a gut feeling again. So I feel like that would not be a longstanding relationship. Hitler really doesn't belong anywhere else besides tax. I feel like that's fair there.

And then Stalin by proxy is left for Mary. And he is a pretty killer mustache, I think, that he fashioned over the years. I can't condone any of his other activities, but he knew how to grow a mustache. I'll get on that. Well, I'll say this. I think all three of these folks said

mustache is in different forms, right? Right. I mean, Genghis Khan's similar patchy pillars. I hate very narrow. So. I said goodbye to my my mustache today. Not it wasn't a sort of on its own stranded in no man's land kind of mustache. It was part of the full package that I've been working on, not working on, but it had been growing for probably a month here.

You did properly maintaining it. And we have a big, our last big student event before deposit deadline is tomorrow. So I decided, you know, let's go. And we have our vacation on Thursday. So speaking of which, a short program note, I have no idea, but there's going to be some sort of pre-recorded episode coming out next weekend because we are going to be on vacation in Mexico. I'm bringing in my podcasting equipment.

I'm not bringing in my podcasting equipment. Weird echo, thanks for bearing with us, but no, there will be some fun episode coming for you. And then we got our horse, top 10 horse name special coming up very, very soon here in early May. So an exciting time to be around the bean time podcast. Let's get back into our game here. We've got, this is around two of three for date, Mary tax.

Matt, you're on the clock. Oh, you're going to listen because you don't know these ones very well. But you're going to, I think you're going to be excited. Okay, here we go. And I think you're gonna be excited okay here we go and I think you know I'm gonna hope you know all of them if you don't just ask me for clarification and I'll gladly provide it. Sounds good. Joel Osteen, Ray Vandron or Kent Hovent date don't. OK. So Kent, you can do a link of his recently? Well, you're reviewing what our conversations are about. But I don't think so.

Kent Hoven, and I'm not going to name names here, but there was a lot of time spent in certain non-denominational churches growing up amongst 5th, 6th, sixth, seventh, eighth grade boys watching. This particular, he's not like a, he's not a mega church guy, he's down in Kentucky. He's kind of the brainchild behind the like creationism, dinosaur amusement park that they had going for a while. He spent some time in prison for tax evasion,

which is why I mentioned him on this particular program. But he's got some great pink suits and stuff, some real nice Easter vibrant colors. And so... And Hawaiian shirts, it looks like a lot of them. Yeah, well he's got lots of time. Do you know Ray Van Drelon and Joel Osteen, don don't you? Oh yes very well. Alright so date Mary Tax. I'll put a quick call back here for Ray Vandrillon. We used to watch it quite frequently every Sunday night when you back in our youth. If I have his if I'm placing his face and his name of a proper videos.

But there was always this kind of unswoken theory that he was also masquerading as a Bible man, which for anyone that grew up in, I guess, Christian curriculum and stuff, that was a thing. And it was kind of like a smooth laugh of Batman, not very well done, but on Christians, I guess needed superheroes as well. So that's why that was not. I would say probably Mary Ray Van der Laan, he seems like a little bland, but an okay guy. Joel Osteen probably paid because I think he could probably afford some pretty pricey restaurants and he's all about the frills. So I think that might be a good option for a date.

And then for tax, Kent, you know, it's time to pay the Piper. I've got a security of paid taxes for so long. So I've seen here that he tried to sue the US government for over half a billion dollars. I don't know if that was successful. Like my guess is no. But I'm gonna go with Kent for paying his fair share. That's a hot take, because if you're trying to tax

the man who hasn't paid tax in 20 years I don't know what you're expecting, but it's your choice Well, you guys stick it to up. I'll say this I'm all for legally not you know paint what you owe tax invasion though, you know, I also get you So yeah, it's better to pay what you up front Posting them tracking down later daily entrances not your friends. Sounds rough.

All right, we got one more round here and then we're going to check in on our pound room of the day and say thank you to our sponsors. This one's you're going to think outside of the box a little bit. So again, tax or date married tax and this one actually might have four options. So someone's getting left out. Joe Nick, Kevin, and bonus Jonas, date Mary tax. I don't know if you're wondering. I will say this. I don't know much about the Jonas Brothers, I know maybe two songs off

top I have, but I would say in terms of taxation, I go with Nick. He's not very confident. I think you probably make some of the higher than I've worked on the rest of the stuff. It's like death. Mary, Kevin, Dave, Joe, and Holy the Jonas, they're the bonus Jonas. I think he's still under age.

I don't know. I agree. I think I'd be good to leave him out of the conversation. He might be like 50 by now. We don't know. You could be. I mean, I feel like I see people that I still in my head think are young.

I'm like, no, I'm actually just getting that old. Time is not frozen. They're aging as well. I was at my partner's parents' house last weekend for Easter, and on the wall, there is a Harry Styles calendar. 12 gripping images of Harry Styles shirtless, covered, the works, whatever. And I showed it to my mom on our Sunday morning

family chat, and she said, oh, that's amazing. They were on SNL last night. apparently there was a mix up between the Jonas Brothers and one direction. So I'm here to, I'm here to clarify that they are separate bands. They're not affiliated with one another as far as I know, but a star-studded crossover could be in the works, who knows. Well, for sure, I think that Josh Brothers are now back together. Is that kind of like a kind of maybe doing their individual things for a while?

But. Yeah, my understanding is that they kind of like, I don't broke up as a strong phrase, but they kind of like stopped recording together for a while after their kind of like teen Disney phase. But then I recall them, they had that one song, I think it was like Bad Habits or something. That came out while I still lived in Baltimore, which was four-ish plus years ago. So I think they've been in and out now, together or not together, that sort of thing. So, all right, that was date, Mary, tax, and I'm gonna give our garage band

one quick breather here, and we are gonna come right back to you. All right, we're back, and I wanted to say a quick thank you, we're not doing a full adry today, but I'll put, give Matthew a one minute warning here. We're coming up on Palendrum of the day. But I wanted to say thank you to our sponsors, Home Pride Oregon, when you need your home expected in Central Oregon, and you

want someone who's safe, certified, someone who you can trust, you have to call the experts at Home Pride Oregon. 541-410-0316. Ask for Steve. If you get a voicemail, keep trying. Phone lines are open. He's probably just at his other job. Again, that's 541-410-0316. Or you can email homepideorgan.com.

Again, homepideorgan.com. Home Pride Oregon inspection. Perfection. Also a special shout out to the Samson Q2U series pulling double duty today, putting the two in Q2U from all of our favorite second books of the Bible, Second Kings, Second Chronicles, Second Corinthians. I think there is another Old Testament one, I can't remember. Second John, Romans is kind of like the second

sequel to the to the gospels, Acts being the first one. So there's all sorts of twos going on throughout the Bible there, Old Testament and New Testament, and another great too. Quinn and Matthew on this year's text is special. You're gonna want audio quality that you can rely on. When God speaks, He uses a Samson. Then of course our great friends over at the Cuts by Q, Barbershop, Hybrid, boutique, whether you need your eyebrows threaded or just a quick neck shave like I got earlier in the shower there at the Cutsbike Yuselana and Spa. When you need a fresh do something snappy or new called the

experts at Cutsbikeyahu.com. Alright thank you to our sponsors. Once again let's throw a back over to today's guest Matthew Feedler, who has very generously brought us a palindrome of the day, Matt, the floor is yours. I do have a clarifying question for cuts by Q. So what full service they just followed you right into the shot heart. That's right. It's like Jack Nicholson in the shining.

Here's Quester. Okay, so the paladron I have, I don't know if you use this one on the show yet or not. I think I stayed up to date on all of them, but if you're looking for a headman for hire, this is a paladron. Murdered for a jar of red rum. I went with the whole sentence instead of a word. I thought Tom was just too much like low hanging fruit, you know, so. So I just made a shining reference 30 seconds ago and you're coming out with a red rum reference. You had a completely different sentence prepared for us, a different palindrome and you said you know what Quinn's coming out with the the Stephen King the Jack Nicholson let me work redrum into this and on the spot within five seconds you come up with a whole new palindrome that is the brilliance the genius of Matthew Feedner that's why he's here on the show today how do you do it? Oh no I'm just gonna just a good old fashioned power Google. Say say one more time for us. Murder for a jar of bread.

I can't even check it. I'm on my second glass of whiskey here. I'll never make it that far. Thank you so much. That's a fantastic. That's one of the, that's probably our best palindrome of the day we have ever had. That's very exciting. And that really raises, I'll thank my friends over at Good Law. It really raises the bar for future palindromes of the day. I'll, I'll take this opportunity to mention to our listeners, the bean heads out there. If you have an idea for a palindrome of the day, I know it's going to be tough to top that, but I believe you can. You can use chat GPT, you don't have to, I don't

care. Email us, beantompodcastatyahoo.com. Again, that's beantom, beantompodcastatyahoo.com, with your pick for palindrome of the day. Thank you again, everyone who sponsored us and supported our sixth annual Telephone Pleasure, I Fundphone pleasure fund rates or stickers are going out. Actually I was I was worked I had a random work from home day on Wednesday and I was thinking maybe today is the day when I do stickers it wasn't but now I'm really kind of

energized for the future of sending out our bean-town podcast stickers to our loyal faithful friends friends excuse me. I think are these stickers. What's that? I like to have bigger these stickers. And I like my water bottle and stuff. Oh, definitely. They're, they're, they're fun sized. Yeah.

And not, you know, not those big wig profit first corporations. Now they give you the fun sized candies. And it's like half of a bite. These are, these are family-sized fun-sized. They're going to be hardy, whole, and hail. Is that a word? H-A-L-E?

What do we think that adjective means? Because I've heard it. I don't know. Yeah, I've heard it. But I will say this. I think that the marketing behind fun-sized is a sham. Family-sized and fun- size are effectively the same. True.

So I would say that's the most serving size that I've ever accustomed to. I will say this in case you wanted to come to this program and listen for 50 to 60 minutes and learn something new, HAL, H-A-L-E, adjective, strong and healthy as in very H hail and hearty. So, work that into your next. You know, I've been thinking about chat GPT a little bit

because it's coming up a lot in college admissions and essays and all that stuff. I have, I have toyed with the idea in my head of, and we know where this is going, having chat GPT right an entire bean-ton podcast episode script. Oh, that's an ancient, it would be worth exploring, for sure, that'd be an interesting episode.

The question then is, do I just read what it wrote or do we get some sort of AI I'm thinking, you know, what's her name? The weekend update guy's wife, that who's a much bigger star than he is, from her with Joaquin Phoenix, who am I talking about? What's her name, the blonde?

The name escapes me, but I'll say this, and maybe this is a good story. Scarlett Johansson. Oh yeah, Scarlett Johans yeah. What's his name? Colin Joost. I will say this and maybe it leads, it's a good segue into your question about NFL quarterbacks. Oh, that's good.

Tom Brady just recently did a stand-up special for an hour Comedy stand-up and it was a hundred percent AI. It wasn't actually top-rated But it was AI generated a text and AI generated voice and it was very I did not listen to the whole hour because I think there's that paywall if I listen to the first 10 minutes. And it's interesting. I think that we're in a wild, wild time of AI. And I think the interesting thing, and I've seen some things about this before too, where people think that that's the next wave of things and curating information from a web. And I think that's probably true to an extent, but currently the way that

Chad GBT and Microsoft's ventures with the new Bing and Google's ventures with Bard, the only thing that's really doing is creating information from websites. So it can only pull from information that already exists. So if we stop actually creating content and writing actual abstracts and valid resources, it's only going to be as good as what the internet is today. So if people just plan on generating content from here on to perpetuity, we won't advance the cameras. My thoughts. But yeah, it's a wild world to implement for sure. Well, it's a very interesting point and I think we will gladly welcome you back to our AI special coming

later this year. Because there's a lot of good stuff in there. You know, I don't have you seen the Spielberg movie AI Artificial Intelligence with Haley Jalosman because I've only seen parts of it when it was on TV. I haven't but I'm a big fan of the sixth sense. Yeah, what's that movie with Helen Hunt? And actually, I think it was all about the other countries. Second hand, Lions. The pay-a-floor word, pay-a-floor. Oh, yeah. Second hand, Lions is what's her name,

the kind of Southern Oklahoma country lady. What's her name? Kiri, I was thinking of someone else. Second hand, Lions is Kiri Sedgwick, spouse of Kevin Bacon. But who I was actually thinking of someone else. Second hand lines is Kira Sedgwick, spouse of Kevin Bacon. But who I was actually thinking of This is good, good solidarity. We're going to come back to it. Once I find it, I'm going to feel so satisfied and triumphant. Basically what I'm getting at is she's an actress slash Broadway person.

She's been in Oklahoma Oklahoma a famous Broadway musical. Well, I'm finding that. I don't even know. Yeah, that pay it forward. Kevin Spacey, Helen Haunt, Jay Moore, classic comedian, and then, Hailey D'Alasman, I won't give away the ending because it's kind of a weird movie, right? It's like a good wholesome movie, and then the ending is just like, oh, yeah, yeah, it's kind of a weird movie, right? It's like a good wholesome movie and then the ending is just like, oh. Yeah, yeah, it's interesting. It's very strange. And for the time, it was pretty wild.

It was a good film back in the day. Obviously, I know there's some stuff going on from Kevin Spacey. And I guess I'll leave that word as I am going to be honest. I don't know where that ended up falling. If elevations came on to be true or not, but I think it's probably tainted my view of that regardless of the case. So I don't know if he ever got in trouble or what happened with that.

Yeah, it's interesting. It was obviously a big thing for a while. And he even, he had a apartment in Baltimore like while he was working on house of cards. And I knew exactly where it was because I used to run by there. It was like a fancy condo by the water. And yeah, he obviously got his name.

He smurged quite a bit and then he went to trials, and I don't, you know, he never like went to jail or anything like that. I don't think he was ever found guilty of anything, but it was one of those things where it's just kind of like weird, I don't know, anyways. Let's move on here for the sake of time. I promise those Broadway heads in the background,

I'm still looking for this lady's name, but she's a very like, you know what she's in, she's in that movie, RV with Robin Williams, she's not his wife, because that's the lady from Curb Your Enthusiasm, but she plays, Chris and Channel With, there it is, Chris didn't, Oh, okay, okay, okay, yeah.

All right, we're gonna give a very brief break to GarageBand. We're gonna come right back. I mentioned it was brief and there you go. It's running like new. All right, so we're gonna go, we've got Matthew mentioned NFL quarterbacks. I wanted to ask very briefly, because I don't want to elaborate on this.

We still got a couple of things I want to get to today. But we don't often have green Bay Packers, football fans on this show and Aaron Rodgers was had my news about a month ago with all of the Get in traded the jets like yes, it's gonna happen and then it's been about a month and Nothing has happened. So I'm just curious from an insider's source us Vikings fans here What have you heard about Aaron Rogers slash, what are you hoping to see?

Well, I don't think I'm at the top of his contact list per se. Even though I'm not even really technically an owner of the grubing. I was, my mom was from that neck of the woods, and that's why I kind of permeated the feet with her household. But yeah, I don't know much if you want my hat take

on the subject, I'll say that. I don't think that they probably should have engaged air hunters in another year or an additional contract once it was up in the privacy then. It's probably a good time to kind of part ways. of an additional contract once it was up in the prior season. It seemed like probably a good time to kind of part ways. You know, this, you know, obviously looking back the last season wasn't anything to write home about either.

So we'll see. I think that we've kind of brought Jordan long around for the last few years, and that was the time to see if he can actually play. I'd say we give him a year and there's any encouraging performance. Great. If not, then we're going to have to do a little bit of dig up, do a little bit of re-builder. For sure, I mean, obviously you could say the series also, a rebuilding here. A lot of people have left. So we'll see what we got and where we can maybe spend our money in the filing years here to get some good players. But I am not. On the super optimistic guy, as a comes fan, I've embraced this role for a period of time,

where I was like, well, let's just see what we get in a role of that. I'm not expecting fabulous and outstanding things, but we'll roll for punches. Yeah. Well, I would love to dive more into NFL with you, but it is the offseason, although the NFL draft two weeks from yesterday actually. So we're going to be jumping more into that maybe the next one or two shows here. But for the sake of time, for the sake of iPhone battery, we're going to move on here. I've got a mentioned, we had a very brief tick tock segment that the fans, the younger generations would really tap into. And it's a very simple question.

We can take this however far we want to. We've been talking taxes on today's taxes special. So my question to you, Matthew, do you know about the cheese tax? So I am not a user of TikTok. I'd prefer my information to be stolen only by the US government. So I use Facebook and Instagram, and a Twitter of those social services. I hadn't really done building into the TikTok too much for this egg of, I just don't need another thing to be addicted to on my phone.

But given people's ability to do screen recording and just post TikTok videos to Instagram, I believe this is in relation to giving dogs a piece of shit. Ooh, he knows! That's correct, yeah. And I will say this rigs through our Golden Retriever Jordy whenever we open up the refrigerator, or a bag of cheese, shredded cheese, he just, he could be in a deep slumber

and his head pops right up. Same is true also with ice cubes. That's a little different. Open up the phrase that he wants as ice cube. So. Well, I'm not gonna play the original cheese text video or song or anything like that, but I actually watched it all 34 seconds of it

for the first time, right before we started recording. It's fairly catchy. Yeah, there's some doom and some gloom, but it's pretty catchy, I'll say that. So there's our TikTok special of the week. I have three more segments here. We have another game, we have a little history lesson that's not tax related at all just to give some of the non fiduciaries a little bit of a breather and then we're going to finish up

with some tax trivia. So let's let's go with another game here. This is one that is completely original. I came up with it and I'm very proud of it. And it's going to test your knowledge of modern languages, if you're ready for that. Because I know you've spent a lot of time on Duolingo and Rosetta Stone and all that fun wax. So the way it's going to work, I'm going to give you a series of words, extremely mispronounced. They're going to be words from other languages. And I want you to tell me if they translate to English as tax, facts. Oh, my God. This is a good game.

This is a good game. This is a good game. Yeah, see, I came up with it like 10 PM, last night, Ios very proud of myself. All right, I have nine for you. Okay. It's it's very straightforward. Just we're gonna go through it pretty quickly here. Okay, and I do not claim to know the proper pronunciations on any of these words. I will tell you the word. I'll tell you the language any of these words, I will tell you the word, I'll tell you the language that is in. I have a language of origin. Yes, yes, Mr. Scripps. All right, number one, cane, C-A-I-N, it is from the Irish. Is that tax, facts, or wax?

I'm about to wax. Hmm. Tough start, that is the Irish word for tax. Damn, I was tilting a June of two. I didn't think it was facts, but it was between tax. Okay, all right, it's not over one. All right, number two is Bok. B-O-C-K, it's from the Belarusian language.

Is that tax, facts, or wax? I'm gonna go with wax again. Oh, he's right. He's one for two. All right. In my head, it doesn't make any logical sense that I found. Where would you, what would you wax? Probably your box. That's as good a reason as any. All right. Matthew, I hope you're

keeping score because I'm not. You're one for two. All right. Number three. This is, I'll tell you right now, it's from the Hawaiian. This is Fax, F-A-X. Tax, Fax, or Wax. It's Fax. All right, he's two for three. That's all right, it's a good start. All right.

All right, all right. All right, now we're getting to some of the tougher ones. And I do not know how to pronounce this. Let's go with Dealy. D-Y-L-L-I. It is Albanian. Dealy is that tax, fax, or wax? What tax? You said tax with a T?

Tax with a T. Oh, my friend, it is wax. What is it Dealy? D-Y-L-L-I. Oh, my friend, it is wax. What is it, Dealy? D-Y-L-L-I. Okay. Yeah. All right, Matt, is two for four, was we moving to number five here?

Oh, this one is fun to say. All right, I don't remember writing this down. Here we go. It is a Dutch word. We love the Dutch. This is Belasting. B-E-L-A-S-T-I-N-G. Belasting from the Dutch is that tax facts or wax? Something that one is say can't be facts that's all I know right I feel like it's I'm gonna go and wax again. Oh no it's tax. Get out of here! Well, the one thing I'll save off is Dutch.

If you ain't Dutch, I ain't much, I guess that's the phrase of a street. A new feud on the Bean Town podcast, Matt. It's the Dutch. Alright, I think you're two for five so far. A little bit of a cold streak, but this one, you're going to get back in on this one, I promise. Alright, this is from the Ketjua language, which is kind of an ancient like Latin American kind of thing before the Europeans came around. So this one is Fax Niskawan, F-A-X space N-I-S-Q-A-W-A-N that's Ketua for Fax, Tats or Wax. It's Fax All right, three for six. I'm digging the words that are in the words.

Yeah. All right, three for six. We're moving into our final three here in tax facts or wax. Our word, this is from the Turkish. We, we, were you representing Turkey and I, you know, at one point, yeah, that was a good time. I didn't speak in the language,, but I just represent it. So I'll see. That's all right. And give me a second here. I'm going to we're transferring our microphone over so that you can be plugged in and recorded properly so that we can do the show for hours if we need to. No, I'm kidding. We are. Oh, that it doesn't quite reach. No, we can do this. Oh, this is so tough. All right, give me a second here. This is embarrassing.

I'm taking every option and it's presenting. Yeah. All right, we're just gonna do this for now because our phone is at like 18%. All right, this is from the Turkish. It is Vergi, V-E-R-G-I from the Turkish, is that tax, facts, or wax? Oh no, it's tax my friend. Why am I always going with wax on a should-be-tax?

I don't know, you didn't study enough Turkish. I know, my default is always wax. That's all right, you're going to come back on this one. This is from, I mentioned modern languages. I wasn't being fully forthcoming. This is from Latin. It is Sarah. I heard you say that.

Sarah is in Michael Sarah. C-E-R-A from the Latin. Is that tax, facts, or wax? Oh, no, it's wax. Oh, come on. I think you're three for eight so you're not going to win the $10,000 prize on this one but you can still play for pride. I'm going to love it that I want to start achieving that.

I think you're going to like this last one. All right, this is our last one in tax fax or wax. It's from German, okay? It's like the closest language to English. This is as simple as it gets, okay? That's like the closest language to English. This is as simple as it gets, okay? The word is facts, F-A-K-S. Tax, facts, or wax? I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like,

I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like,M-I-L-E, per Google Translate. I'm sorry. It's, you know, life is full of tricks.

Well, that wasn't even an option. So I was just doomed to fail from the beginning. I hate when that happens. You're right. The audio listeners can't see this, but this video angle is great. OK. This is terrifying.

All right, let me look away. All right, let me look, boy. All right, thanks for playing, Matt. We'll send you a bean-tongued podcast sticker that was already yours in the middle, right? That's all I asked for. All right, checking to make sure GarageBand is still good. OK, we have two segments left. This is, we have trivia, but before we get to trivia,

I have one that I promised Matt we were going to do. And it really lets his creative juices flow, if you will. Before we get to trivia, I have one that I promised Matt we were going to do and it's very, it really lets his creative juices flow, if you will. It's something that I just thought of because I was curious about it and I haven't Googled it yet and I just wanted to know more about it. So I thought let's go to someone who knows a little bit about everything to tell us a little bit about the history of soap, SOAP, how do they discover it, how do they make it,

how do you learn you could clean things with it, so that, you know, relatively briefly, tell us a little bit more about soap. Yeah, good question. I appreciate the opportunity to get my creative juices flowing as they were in terms of soap and soap usage. Back in, I don't know, probably the 1700s, they discovered that people were dying at a warming

rate during a lot of operations and things like that. The gain grain would take hold, and a lot of operations and things like that. The gang gran would take hold and a lot of infection would occur. And they discovered the need for sanitation. I believe actually, and this is actually rooted in truth. There was a jeweler or someone who made glass back in the day who invented what we would kind of call the modern microscope and he found germs or bacteria and the tartar of his teeth

And that kind of led the the new wave of exploration of these tiny animals or things that would cause infection or things that would cause infection, which we now know as bacteria. So I'm assuming around this, this time is when soap was probably used a little bit more. So the benefit of soap, if it was maybe discovered prior to this point, to kill bacteria or to sanitize would be soap past properties to basically make dirt less sticky. So that's the thing I would say. It will surround anything or like fat, that thinks it breaks them down. So if you use your cream with.

But as you can probably tell, I don't have a very extensive knowledge of soap, I have even. But I do get targeted a lot on Instagram for Dr. Squat. Well, you heard it from the tax expert himself, the history of soap. If you want a more in-depth explanation, we all have the internet. I think we can access that very easily. I would recommend doing so if you want any information.

So I think that that explanation works for most of us. It would get us through, you know, 10th grade home economics or something. What do you think they teach you in home economics? They never had that class. I think growing up, my mom always told me doing dishes was the home economics. I think what I'll say this, I'm a very realistic note.

I think that there is a large disparate, and maybe US culture for what home economics really should be, which is maintaining and running a household, learning how to budget, learning how to, kind of run the household as it were. And I think that some people are maybe, it's not maybe emphasized enough. There's people are aged that don't know how to write checks.

And there's, I question the validity of anyone really doing able to, is that really needed anymore? Maybe not. But I think there's basic things like that, you know, making a budget, balancing a checkbook, things like that would be useful to know. I think that falls under the home, you know, making a budget, bouncing a checkbook, things like that would be useful. I think that falls under the home icon, Abrawa.

Excellent insights from our home icon and tax expert, Matt Fefer. How are you, sis? Wow, I just had a new title, the man. Yeah, you better, Matt's been logging the LinkedIn right after this and go crazy. He's got some new stuff for the profile there. I've got one more game for you then.

I promise we're going to let you go because it's already 7.30 on a Friday night, which I feel terribly about. So, we're going to blaze through these and it's really up to you how fast you want to answer these. I have three tax-related questions for you. Okay. Number one, which US President established the first ever federal income tax, and I'm happy to provide clues because I know that's a pretty basic question to start.

Yeah, can I do a small, formal choice? No, but I'll give you some, I'll give you, I'm gonna give you one clue that I think we'll get it and not, if not, a second clue that I think we'll definitely give it to you. The first one is, this is a president who was largely touted as fighting to preserve federal authority over his nation, although that sort of viewpoint may have been twisted

in the last 150 years. I'll say this, I was always under the impression, I know taxes or paying taxes out of your salary became more popular during the second world war, I believe, where the government actually needed finances. So they started kind of pushing to get a taken out of your paycheck instead of paying it just once a year, which is what had been the case prior to that point. I think it's a big issue. I think it's a big issue. I think it's a big issue. I think it's a big issue. I think it's a big issue.

I think it's a big issue. I think it's a big issue. I think it's a big issue. I think it's a big issue. I think it's a big issue. I think it's a big issue. I think it's a big issue. I think it's a big issue. I think it's a big issue. This is a president who, one of the current US political parties loves to champion as their own, but it turns out the political

party he represented was actually the opposite of the current political party. Because they switched in the. Oh, yeah, there it is. Did he? OK, here's I'll ask you a clue sure did he also uh take part in a uh a recent foreflick about vampires right there you

ding ding ding ding Abraham Lincoln yeah there's them I've never seen that but I guess there's a what we call Abraham Lincoln, the vampire slayer. I think it's like six or seven years older this point isn't it? It's not like a super easy. My original second clue was that it was past in 1861, which I would have imagined would have been a pretty quick giveaway, but I won won't assume I don't know. Well yeah, don't assume because in my mind I could probably and this is maybe me being a bad American but I could not probably recite all of our participants. At one point I was much better and if you do a good time frame I could probably get there

but any more I feel like I would probably say I like that. That's okay because you got there without the years. So there you go. Matthew is one for one on our trivia. Number two, here we go. Oh this this one I think you are plugged into but I actually have no idea. I used to live around there so I'm not sure. Here's my second question. Due to an 8.7% state flat tax on corporations, 12.09 North Orange Street in this city is home to more than 300,000 companies. So I want the city, but if you can just give me the state, that's okay too.

I feel like it's probably in California, right? No, yeah. Other other side of the country, it's a state slash city known for having lots of companies and corporations because of their lacks tax regulations. I know the one one. Florida. No, that's okay.

No, one company that I use frequently that What was the other clue that you gave towards end of that? So it's so it's just an 8.7% state flat tax on corporations 1208 North Orange Street in this city is home to more than 300,000 companies and The one company that I use that I get mail from all the time, because I use them as a primary service for me, is Bank of America. They are 1,000% located in this city. I get all sorts of mail from this city. Yeah. I have no idea that I'll in Ohio, because you're getting closer.

It's a state that is known for hosting, and I don't know if this is related or not. They host a lot of court proceedings, trials as well. And it's the second or third, I can't remember, least populated state in the United States. Second or least? I think it might be the third least populated state. It's very small. I know the decodas are not really well-reparated.

Now this is East Coast. This is East Coast. Think the executive branch, there's a clue for you. the executive branch there's a clue for you. So we're talking more so like Virginia and Marieland area. Yes, you're in the right area, although you have not named the state yet. Well, at this point, I don't think I can count as a plant. That's okay. The city for guesses deep.

No, that's all right. That's all right. It's one of those words. Like, if you know it, it's obvious. If you don't, it's kind of tough to work with. I'm actually pretty curious because all those states on the East Coast in my mind seem very small compared to like how I guess the middle of North America

or the United States, if you will, and the West. So it seems like that's a lot of Delaware. There it is. Wilmington, Delaware is home to... Actually, that is interesting. Okay, so there is, I am aware of some loopholes or at least the peculiar or tongue-in-cheek thing that is cross-nared for, I guess, young entrepreneurs as old, make your LLC in Delaware.

And you need a registered agent to live there when you do it. So you don't have to live in Delaware to set up a company. You reach out to a registered agent and as long as that PO box or the mailing addresses in Delaware, you're good to go. So I guess if that kind of checks out, a lot of those companies are not actually in Delaware or just their mailing addresses. Is that probably what that means? That's my understanding, yes.

Okay, interesting. We learned something new. And I have a third and final question. I was just, we were talking about this before the show. It was just signed out of my notes app on my computers. We're going to the phone to get it. Here we go. This is our third and final question for you.

And this one I struggled to phrase in a perfect way, so we'll just bear with us. This New York City iconic place, and I have place in quotation marks, that I couldn't think of the best way to phrase it, which may or may not be misleading. I'm not trying to mislead you, it is, it's a landmark, it's a place, and I'll tell you this,

it's not the Statue of Liberty, okay? This iconic New York City place has not, and this is interesting, has not had to pay property taxes since 1982 due to a dispute on contract wording, costing the city more than $555 million thus far. So if you can tell $1 million thus far. So if you can tell me the landmark slash place slash building that has not had to pay property taxes for 40 plus years, you'll be a winner. Is it 30 right?

No, but that's a great guess. Gotta go south of there a little bit. Oh, I'm trying to go like landmarks in New York, geez. It's, you wouldn't think of it as like a primary landmark the way you would like the Empire State Building. Yeah, it's a place for sure. It's very famous for multiple different purposes. Let's say that.

If you were a NHL hockey fan, the playoffs are starting this week. It'll feature the first round, the Rangers vs. Devils. You might catch a game here. What about the NICs? I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know.

I don't know. I don't know. What if you wanted to see a billy Joel play to a sold out crowd in New York? Where do you think he played? There you go. That's where the Rangers play.

The next play. Matters since where Garden has not had to pay property taxes since 1982 if you can believe it. Oh, that's where the Rangers play, the Nix play, Madison Square Garden has not had to pay property taxes since 1982, if you can believe it. I'm going to give you a nice 10 second land. Property tax is one of the most interesting things that we experience as Americans.

That's a structure. That is a structure. And I'm being a little fun boy in here, but it's wild. But OK, so you buy something. And then every year, the government says, oh, you should pay us because you owe them that. When you paid for it outright to begin with.

And yeah, pay tax out of the first time you buy it. But every year, we occur on that seems a little excess to me. I don't blame you. It is a tough part of buying a home for sure. Yeah. Those were all the things I had. We are well over the hour mark here.

Matt Feather, before we exit today's program and I have kept you way longer than I intended to on a Friday. And I apologize for that. You have any final. There's nothing else I'd rather be doing. This is good. Except for anything else. You have any final words for our listeners out there?

No, I, nothing, nothing wild. I guess I would say it's a pleasure to be here another, another year. Yeah, I don't know if that makes me more concerned when that I that I'm in your life while I'm the only tax expert so you know maybe dig into that. This offseason here between next tax state to run yourself with more well-versed tax professionals. But pleasure to be on the show again. I think I say this every year, but I just urge everybody to be kind as an of your financial position. If you don't have a budget or monitor your finances to that degree every week or every month, it's worth it to do so. I think given as day and age, there's a lot of things that we just don't visualize. It's easy to swipe your credit card

and not think about the impact of that. But just being diligent about what you're spending, how you're spending it, and also being mindful of saving up for your future. I think your future self will thank you. I don't think that our generation, maybe the generations, they are growing up probably the Gen Zers and Gen Xers, I don't feel like we're going to have social security in the same way that maybe some of the retired people today experience it. So something else to just be a little more proactive

and be aware of where your money is, where it's going, and how you can save for the future. It'll be a leg up on a large majority or probably your citizens of this point. So that's just one thing I'd recommend. Sage Wisdom from our Sage in Residence, Matthew T. Feeler, thank you so much for joining our sixth annual Bean Tom Podcast Taxes special. I hope you learned a lot.

I had a lot of fun preparing this show and I'm so glad Matt was able to come on with extra short notice because I forgot it was tax day until like two days ago. So thanks again. Oh, I did it in like February. I'm on top of it. I'd like to get that out early because I know I over withhold. So I know I'm getting a little something.

So I like to use that to pay for, you know, the bus or Taco Bell. There's one thing that I will slack down the risk for a minute. don't do that. Don't over withhold. I don't want to get into any tips with the federal government. I know people love their refunds, but especially now, and maybe this is something that kind of tack onto my, my final words. There are online bank accounts, and some offerings where you get a 4% interest, or as much as 5% if you're walking a lot of your money in a CD for a year, which, depending on your financial situation,

might not be an option for you. But if you can have that money during the year and be making some interest on it, that's much better than the government hold onto it, giving you no interest. So. You are not wrong. We're not talking tens of thousand dollars here.

We're talking like a thousand. So if that's the cost for my calculations on my extra withholding to try to break even, I feel pretty good about that. But your point is well taken. Good, sir. That's what we had for you on today's bean town podcast. Again, we're going to come up with you, come to you with a special episode next week in lieu of our Mexico trip.

So be on the lookout for something crazy and surely not well planned. Thank you so much to Matt Feeler for tuning in. Matt, one word to leave us with today. Or a phrase. Oh, word or phrase. Geez. I really don't know. I don't know.

I have much. That could be my second word. Everyone, I hope that you stay safe. Stay sane, I'll check in on you next time. Bye! I'm just going to sit here. ndご視聴ありがとうございました