Personal Finance Videos

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...

Anyone can file their taxes online at no charge by filing through the IRS Web site and filing out the proper forms. Find out how to e-file an income tax return with help from a tax specialist in...

A tax ID number can be obtained through the IRS Web site by filling out an online application. Get a tax identification number for a small business with help from a tax specialist in this free...

Banks are federally charted, and their accounts serve as profiles for the cash flow coming in and out of a bank. Find out why banks are now reporting Homeland Security through the IRS with help...

If a hobby results in someone making money, the IRS requires that income to be reported unless the hobby costs more than the income received. Calculate taxes for hobby expenses and income, if the...

The IRS Web site shows how much money an individual will receive on rebate checks. Calculate 2008 IRS tax rebate checks, which require an individual to make between $3,000 and $150,000 with tips...

Changing jobs with a 401(k) offers two different options; one can transfer to a new employer's 401(k) plan or use an IRS rollover. Choose how to transfer 401(k) funds when switching employers with...

To purchase a home using a 401(k), be cognizant of the penalties and taxes that may apply by the IRS, and make sure that using 401(k) money is less expensive than other alternatives. Consider...

Withdrawing money from a 401(k) might result in facing IRS penalties and taxes unless the money is used to stave off hardships, pursue advanced education or pay off uninsured medical bills. Avoid...

Unfortunately, there is no fool proof solution to avoiding an IRS tax audit but controlling the cash flow in a checking account is a good tip to watch when avoiding an audit. Avoid excessive risk...

It is important to spend the stimulus check received by the government to put the money back into the economy. Discover a few fun and easy ways to spend this money with tips and advice from an...

To find out when a 2008 tax rebate check will come in the mail or be deposited into a bank account, simply go to www.irs.gov and do a quick search. Discover a few different options on finding out...

Inheritance can be taxed by the IRS on several different levels and preparing a schedule K 1 is the correct form to use. Learn how to properly and legally report inheritance income so that it is...

Unfortunately, there is no fool proof solution to avoiding an IRS tax audit but there are ways to avoid being a high risk for audit potential. Avoid excessive risk of being audited on a tax return...

There are five tests that someone needs to pass in order to be claimed as a dependent on any tax return and being a household member is one of them. Understand the literal definition of dependent...

Sometimes people end up owing money to the IRS at the end of the year and there are a few important details to know when writing a check to the government. Write a check to the IRS and pay off...

Avoiding an IRS tax audit is done by reporting all income accurately and avoiding red flags like not reporting tips. Prevent the IRS from starting an audit by using a trusted CPA or reporting...

Determining fair market value of charitable donations has been changed by the IRS and can be done by looking online at the value through various websites. Factor in age and condition when...

The IRS requires proper records like a receipt, canceled check or investment statement for all cash donations under 250 dollars. Avoid an brutal IRS tax audit with proper book donation bookkeeping...

A defined benefit plan has been approved by the IRS to aid retirement. Discover more of the benefits of a defined benefit plan with tips from a registered financial consultant in this free video...

The IRS allows people of a certain age to contribute more than the maximum to a ROTH IRA. Discover why this is the case, and how it can benefit people who began saving for retirement late, with...

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.

The IRS audits people who are late with their tax payments, people who do not file tax returns and people who have flagrant misuses of deductions. Discover how the IRS largely goes after...

An enrolled agent with the IRS is a very highly-qualified tax professional who would represent the IRS during large audits. Find the highest degree of experience in an enrolled IRS agent with...

IRS audits are triggered by flats in the account, such as not filing a tax return, including unusual deductions and failing to pay quarterly payments in a timely manner. Maintain a consistent...

An enrolled agent is a tax practitioner that is empowered by the U.S. government, specifically the treasury department. Get representation for a case with the IRS from an enrolled agent with help...