Personal Taxation and Strategy
By External Provider
About this course
Taxes are one of the most significant financial realities of adult life, yet many people navigate them with little more than guesswork — leaving real money on the table every year. Whether you're a salaried employee, a freelancer, or a small business owner, understanding how the tax system works is one of the most practical and impactful financial skills you can develop. In this course, Personal Taxation and Strategy, you'll move beyond confusion and compliance to genuine confidence — learning not just how taxes work, but how to make them work for you. Most people think about taxes once a year, right before the deadline. But the decisions that determine how much you owe, or how much you keep, happen all year long. In this course, you'll build a complete picture of the U.S. federal tax system, from how income is taxed to how smart planning can meaningfully reduce what you owe. Whether you're thinking about a career move, a side hustle, or simply making sure you're not overpaying, the skills you develop here have immediate, real-world impact every time you earn, invest, or file.
What you will learn
- Describe how to calculate marginal and effective tax rates on income and capital assets.
- Discuss how federal income tax credits for education, health insurance, and households with children can help to lower income taxes.
- Explain how to apply Medicare and Social Security taxes to self-employment income.
- Identify income tax-planning strategies to lower taxes and maximize after-tax wealth.