How to Divide Income and understand Estimated Taxes

In this video, we'll explain the concepts of account allocation breakdown and estimated taxes. You'll learn about the different types of accounts and how to allocate your income strategically to minimize your tax liability. We'll also cover who needs to pay estimated taxes and how to calculate them. Whether you're self-employed, have investment income, or just want to optimize your savings, this video is for you. By the end of it, you'll have a better understanding of these concepts and how they impact your financial wellbeing.