What Getting a Tax Refund Really Means

If it comes down to paying taxes or getting a return, I think we can all say, get a tax return, hands down. But if you’re getting a big fat return every year, is that the best use of your money? In this episode, I talk with tax expert, Dr. Simon Karmarkar about what getting a tax return really means for your finances, how you can better plan your finances, and taxes and resources to use. Dr. Karmarker is an Army veteran who holds a Doctorate in Management with an emphasis on Organizational Leadership. He’s an author, public speaker, Gestalt therapist, and CEO of Refund Wiz, the first AI/ML smartphone e-filing tax return app. Dr. Karmarkar is a contributing author for “Diversity and Inclusion in the Global Workplace” through the Center for Workplace Diversity and has been an adjunct professor at Loyola Marymount University. He is the former Founder/CEO of HelpMeNow, a pioneer in tele-clinical healthcare. As Founder/CEO of Anamika Recovery Center, Dr. Karmarkar brought awareness about addiction and treatment solutions to the Indian American community and a nomination as Sony Entertainment South Asian Person of the Year. Dr. Karmarker shares his story of struggling with homelessness and addiction as an Army veteran, how he found help, made change and began a journey of helping others do the same and how it led to developing tax filing programs to help others.

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What Getting a Tax Refund Really Means Episode Details

  • Simon’s military background
  • Transitioning out of the military
  • Struggles with homelessness and addiction
  • Military transition and imposter syndrome
  • Positive impacts of seeking help
  • Creating a solution to solve a problem
  • The difficulties that come with filing taxes
  • What a tax refund is
  • How you can create a plan for your taxes
  • How to make adjustments to how much you receive
Related Benefits: How to Make Your Military Taxes Ready

Getting a Tax Refund Resources

More Podcast: Military Spouse Entrepreneurs and Taxes

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MilMoneyCon is the annual event for financial professionals united by military service. Its mission is to bring service members, veterans, and military spouses together to build and progress their careers, continue their education, and grow their earning power as practicing or rising financial professionals. MilMoneyCon23 is happening April 27-29, 2023, in Nashville, TN. Attending the annual conference gets you connected with the biggest community of military financial planners, coaches, counselors, candidates, and educators. It’s a place to find employment and money-making opportunities, increase earning power, and continue your education. Reserve your pass at https://milmoneycon.com.

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