Tax Filing Videos

Balance sheet equations have multiple effects and combinations. Discover what these combinations are and the differences between them with the help of a certified public accountant in this free...

A multi-step income statement is one of the financial statement required by the GAAP, which measure the earning performances of a company over time. Find out how to do a multi-step income...

When calculating markup in Excel, there is more than one way to do this depending on what it is you're trying to achieve. Learn the right way to calculate markup in Excel with the advice of a...

To file for IRS debt relief, there are a couple of ways to do this and pay less in taxes than you owe. Determine whether you can get relief of your debt with the help of a certified public...

The IRS may flag rental properties with consistent losses. Learn tips for reporting rental income and losses from your investment properties to avoid a tax audit from the IRS in this free personal...

Shareholders of audited companies should expect some attention from the IRS. Learn how to handle the audit of a company of which you are a shareholder in this free personal finance video from an...

File complete and accurate tax form to avoid suspicion from the IRS. Learn not to submit inaccurate or false information on your tax return to avoid a tax audit from the IRS in this free personal...

Avoid frivolous deductions when filing taxes. Learn the do's and don'ts for selecting your tax preparer to avoid a tax audit from the IRS in this free personal finance video from an experienced...

Make sure that you keep your receipts in case you get audited. Learn the best ways to organize and store your receipts for a tax audit from the IRS in this free personal finance video from an...

Electronic tax filers have less chance of being audited. Learn the difference between electronic and paper filing and which is the best method to avoid a tax audit from the IRS in this free...

Be careful reporting your tax shelters. Learn tips on how to report tax shelters to avoid a tax audit from the IRS in this free personal finance video from an experienced accountant.

You must establish profit motive to use the schedule C tax form. Learn how to report business losses on your Schedule C form to avoid a tax audit from the IRS in this free personal finance video...

Be sure to report case income on your tax forms. Learn how to handle reporting cash and tips to avoid a tax audit from the IRS in this free personal finance video from an experienced accountant.

Medical expenses and property taxes are examples of itemized tax deductions. Learn how to document your contributions in relationship to your income to avoid a tax audit from the IRS in this free...

Check the math on your tax form. Learn mistakes which will automatically cause the IRS to target your return for an audit in this free personal finance video from an experienced accountant.

Make sure your tax info matches that of your employers. Learn common mistakes your should avoid that can cause your IRS tax return to be audited in this free personal finance video from an...

A calendar or log book is a good backup if you don't have receipts for items the IRS asks for. Learn what to do if the IRS audits your taxes in this free personal finance video from an experienced...

Give truthful and honest answers to any questions the IRS asks you. Learn what to do if the IRS audits your taxes in this free personal finance video from an experienced accountant.

At the conclusion of an audit an IRS auditor will propose income tax adjustments.Learn what to do if the IRS audits your taxes in this free personal finance video from an experienced accountant.

Page two of publication 1 explains the IRS audit appeals process. Learn what to do if the IRS audits your taxes in this free personal finance video from an experienced accountant.

The IRS will tell you what specific items they are auditing. Learn what to do if the IRS audits your taxes in this free personal finance video from an experienced accountant.

IRS publication 1 lets you know your rights under the IRS audit. Learn what to do if the IRS audits your taxes in this free personal finance video from an experienced accountant.

You can be chosen randomly for an IRS audit. Learn what to do if the IRS audits your taxes in this free personal finance video from an experienced accountant.

You may represent yourself or have someone else represent you. Learn what to do if the IRS audits your taxes in this free personal finance video from an experienced accountant.

Bring only items the IRS has requested for an audit. Learn what to do if the IRS audits your taxes in this free personal finance video from an experienced accountant.

Don't bring in all receipts and documentation to an IRS audit. Learn what to do if the IRS audits your taxes in this free personal finance video from an experienced accountant.

Everything you say during an audit will be recorded in your audit file. Learn what to do if the IRS audits your taxes in this free personal finance video from an experienced accountant.

Keep all documentation and receipts for charitable donations. Learn what to do if the IRS audits your taxes in this free personal finance video from an experienced accountant.

The IRS will look at income and compare them to expenses. Learn what to do if the IRS audits your taxes in this free personal finance video from an experienced accountant.

If a person can claim head of household status, she will normally realize a higher return than if she was filing single. Learn about the qualifications for a person to be considered the head of...

For most married couples, the married filing jointly status is usually the best method, and in these returns, expenses and incomes are combined. Find out how a married couple can file jointly to...

Filing taxes in a community property state doesn't come into play unless people want to file for taxes separately. Learn about separate property and how it comes into play when filing for...

In order to deduct mileage on taxes, the miles need to be business-related, and a record of these miles should be kept in a log. Plug in the total number of miles that were traveled, and take the...

In order to deduct moving expenses from taxes, a couple of stipulations must be met, such as the distance between a new job and a previous home. Find out how the number of work hours can affect...

Before filing E-taxes, an individual needs all of their information, and they need to make the choice of whether or not to use a tax professional, the IRS Web site or tax software and a PC. Find...

A 1099 form is filed when a person has an independent contractor working for them, and the IRS has stringent rules in regard to whether or not a person is considered to be an independent...

An amended tax return will need to be filed if there are changes in filing status, amount of total income or the number of deductions. Use form 1040X to file an amended tax return with help from a...

The form 4868 is used to request an extension on income taxes, and it has to be filed by the due date, which is typically April 15. Find out how a person is still liable for interest and penalties...

In order to file back taxes, go to the IRS Web site, download the proper forms and determine if the government is owed money, or if a refund is due. Make arrangements to pay money owed to the...

Filing contract labor as income on taxes means using a 1099 and placing the amount in the "Other Income" category on the 1040. Use a 1040 for expenses that will match against income with help from...

Tax deductions are taken off of a person's gross income, and the net result is the net income, which is the figure that taxes are eventually based upon. Find out how deductions are used to get the...

There are several tuition tax credits available, including the hope learning tax credit and the lifetime learning tax credit. Find out why tuition tax credits may only be good for the first two...

Estate tax isn't even an issue if the amount of the estate is less than the allowable credit, which for 2008 was $2 million. Calculate IRS estate tax deductions by adding up all of the assets of...

An employer pays 2.9 percent on an employee's wages in terms of Medicare, and half of that is withheld from the employee's paycheck. Check the W-2 for Medicare withholdings with help from a tax...

If a person is late on their tax return, the IRS will levy penalties and interest, and the penalty for failure to file is 5 percent per month on the amount owed. Learn about how the penalties and...

Calculating earnings and taxes requires taking all wages into account, such as contract work that has necessitated the reception of a 1099 form. Discover how business profits, pensions, annuities...

Tax forms may seem difficult to complete, but the best way to finish them is with a methodical approach and the help of an instruction book. Find out how sections of tax forms will often have...

Deducting compensation on taxes refers to businesspersons deducting the money that they pay to employees as a business expense. Discover how anything that is given to an employee as a benefit or...

A personal computer cannot be written off as a tax deduction, but a computer may be deductible if it is being used for a business. Discover ways to provide documentation of a computer's business...

Car insurance premiums cannot be claimed as a tax deduction unless the car is being used as a business expense. Deduct the percentage of expenses for an automobile that is being used for business...