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April 1, 2017


Paul Lim Teaches Mesa College Students to File Income Taxes

By Lauren J. Mapp

As a part of the Financial Literacy Series at San Diego Mesa College, Certified Financial Planner Paul S. Lim taught a class to give students tips on how to do their taxes during the Income Taxes Made Simple on March 14.

As a part of the Financial Literacy Series at San Diego Mesa College, Certified Financial Planner Paul S. Lim taught a class to give students tips on how to do their taxes during the Income Taxes Made Simple on March 14.

 

“There are a lot of professionals and individuals who like to make the tax code more complicated than it has to be, so my goal in this class is to help to give you a framework so you can understand how the law works,” Lim said.

 

During his class, Lim taught students about what the tax bracket is and how it works, as well as how to fill out the 1040 Individual Income Tax Return form. One of the biggest pieces of advice that he gave was that unless you have kept all possible deductions on file – and those deductions exceed the standard deduction of $6,300 – it is best to claim the $6,300 in lieu of your individual deductions.

 

The next event in the Financial Literacy Series is Your Credit Score & You in LRC 435 at 11:30 a.m. on April 4, where Chase Peckham will visit Mesa College to discuss credit scores and how they work. Peckham is the Director of Community Outreach for the San Diego Financial Literacy Center, overseeing educational content for the organization.

 

Lim will return to Mesa College on April 25 to teach the basics to wisely investing money during his Introduction to Investments in LRC 435 at 11:30 a.m. The final event is in the Financial Literacy Series will take place May 9, when Lim, Peckham and Rae Russell will return to answer questions from the audience about finances, moderated by Professor Howard Eskew.

 

The Financial Literacy Speaker Series program is made possible due to support from the California Coast Credit Union and the San Diego Financial Literacy Center. For more information about the Financial Literacy Series, contact Howard Eskew at heskew@sdccd.edu or (619) 388-5957.

Tags: Financial Literacy Series, Financial Literacy Taskforce

Additional Information

Contacts

Jennifer Nichols Kearns
Director of Communications
jnkearns@sdccd.edu
(619) 388-2759

Howard Eskew
Professor - Business
heskew@sdccd.edu
(619) 388-5957