Tax Law, Real Estate & Credit Tips: Video Series

Start a tax preparation service by getting an education in accounting, setting up a home office, advertising via fliers and word-of-mouth, and printing business cards. Work from home until the tax preparation business takes off with advice from a certified public accountant and personal financial planner in this free video on tax preparation.

To stop a foreclosure, talk with the lender early in the process, try to modify the home loan, consider selling the house, and see if the lender will accept a short sale. Seek out professional advice to avoid a home foreclosure with advice from a certified public accountant and personal financial planner in this free video on foreclosure.

Options available to avoid a home foreclosure include discussing loan options with the bank or lender, filing for bankruptcy or selling the property. Hire a Realtor experienced with foreclosures when selling a home with tips from a certified public accountant and personal financial planner in this free video on foreclosure.

Make money with tax liens by purchasing tax liens at auction with the hope that the homeowner will pay back taxes with interest. Purchasing tax liens could also result in owning a property at well below market value. Check out tax liens on file at the county courthouse with advice from a certified public accountant and personal financial planner in this free video on tax liens.

Figure out the EFN, or external financing needed, on a balance sheet by calculating the increase in assets needed to support the increase of revenue and subtracting the increase in liabilities. Consult a financial analyst to figure out EFN with information from a certified public accountant and personal financial planner in this free video on finances.

Items from an income statement that will appear on a balance sheet include revenue numbers, cash and accounts receivables, cost of sales and reserves or accruals. Look for the net income on a balance sheet with advice from a certified public accountant and personal financial planner in this free video on finances.

Calculate EFN, or external financing needed, by starting with the percentage increase in revenue for the following year, determining the increase in assets and subtracting the increase in liabilities. Consult a financial analyst to calculate a business EFN with tips from a certified public accountant and personal financial planner in this free video on finance.

Build credit by opening a department store credit card or general purpose credit card, making payments on time every month, getting a mortgage, or financing a car. Make payments every month to pay down debt and build credit with instructions from a certified public accountant and personal financial planner in this free video on credit scores.

Do state taxes online by visiting the state taxing authority Web site and downloading forms to send in, or by using any number of online tax services. Prepare to pay for third-party tax preparation services on the Internet with insight from a certified public accountant and personal financial planner in this free video on taxes.

There are three different FICO scores because the three major credit bureaus, Equifax, Experian and TransUnion, all receive separate data that may be interpreted differently. Verify that credit data is correct with each credit bureau using advice from a certified public accountant and personal financial planner in this free video on credit scores.

Debt arbitration is when neutral third-parties negotiate settlements out of court between lenders and debtors. Understand that even with debt arbitration, debtors will probably still have to pay some money, with information from a certified public accountant and personal financial planner in this free video on debt.

The rules for filing Chapter 13 bankruptcy include allowing individuals the opportunity to repay debt over a period of three to five years, stopping foreclosure procedures and protecting co-signers from credit problems. Reschedule secure debts when filing Chapter 13 bankruptcy with information from a certified public accountant and personal financial planner in this free video on bankruptcy.

If taxes are filed late, penalties and interest starts accruing on the unpaid tax, late payment penalties are charged, and the IRS can actually garnish wages or put a lien on property. Find a tax consultant to help with filing taxes using tips from a certified public accountant and personal financial planner in this free video on taxes.

Pay less income tax by considering whether to itemize deductions instead of taking the standard deduction, deducting interest paid on home loans, learning about retirement savings plan deductions and deducting student loan interest. Keep receipts for non-cash deductions made during the year with advice from a certified public accountant and personal financial planner in this free video on taxes.

The purpose of an IRS 941 tax form is to report and deposit amounts that employers are withholding from their employees wages. Report federal taxes, Medicare and social security on a 941 form with instructions from a certified public accountant and personal financial planner in this free video on taxes.

Time share loans are only tax deductible if the loan has been written as a mortgage for a first or second home. Avoid getting a time share financing loan that is written as a consumer loan, as they are not tax deductible, with advice from a certified public accountant and personal financial planner in this free video on taxes.

Paycheck tax deduction estimates are made when filing out a W-4 form. Try to have around 90 percent of taxes for the year withheld from a paycheck to avoid paying penalties or wasting money. Make the right calculations and adjustments to a W-4 form when preparing for taxes with advice from a certified public accountant and personal financial planner in this free video on taxes.

Many companies provide protection from credit card fraud, including credit card companies, banks and consumer protection agencies. Have credit card activity monitored regularly by a regulated company with tips from a certified public accountant and personal financial planner in this free video on credit cards.

Federal taxes are used to fund a variety of government functions, including balancing the budget, combating terrorism and promoting America's growth. Learn how income tax is used to try to keep America prosperous with information from a certified public accountant and personal financial planner in this free video on taxes.

Tax enforcement represents a significant problem for the IRS because they do not have the resources or the know how to discover dishonesty, tax evasion or complicated tax issues. Discover how important tax law reform has become to government officials, the IRS and the public with information from a certified public accountant and personal financial planner in this free video on taxes.

An FHA streamline loan is a refinancing option that allows individuals to quickly reduce interest rates on home loans without an appraisal. Make sure the original loan was guaranteed by the FHA before filling out streamline loan paperwork with insight from a certified public accountant and personal financial planner in this free video on mortgage loans.

IRA distribution penalties for withdrawing IRA funds before the proper age include having the amount withdrawn counted toward taxable income and a 10 percent tax on top of that. Contact the IRS or the financial institution that holds that IRA before withdrawing any funds with advice from a certified public accountant and personal financial planner in this free video on retirement savings.

IRA distribution rules state that once an account holder reaches the age of 70, they must withdraw a certain amount of money from the IRA account each year. Find out the distribution amounts based on age at the IRS Web site with help from a certified public accountant and personal financial planner in this free video on retirement savings.

A title company is used in real estate transactions to protect lenders and owners from financial losses due to defects in the title of a house. Check for tax liens, IRS liens or any other problems with a property by locating a title company with help from a certified public accountant and personal financial planner in this free video on real estate.