Tax Teach
Tax Teach
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Filed Your Tax Return Late? What Penalties the IRS Might Assess
In this video I discuss what penalties the IRS might assess if you file your tax return (Form 1040) late. There could be failure to file, failure to pay and other penalties. I also go over things you can do to mitigate the penalties and possible interest.
Переглядів: 158

Відео

How Much Accountants Make a Year
Переглядів 1904 місяці тому
In this video I talk about tax accountant salaries. Salaries vary based on the region one works in, the level of experience someone has, what company they work for and various other factors. My estimates are based on my experience and job postings on LinkedIn.
Should You Hire a Financial Advisor? My Thoughts as an Accountant
Переглядів 894 місяці тому
In this video I discuss reasons why someone should consider hiring a financial advisor. When hiring a financial advisor, one should consider the various fee structures which is something I go over in this video. I also go over how I invest personally, which is investing in index funds that track the S&P 500.
Child Tax Credit Explained
Переглядів 2467 місяців тому
In this video I provide a high level overview of what the child tax credit is. I talk about how much the credit is, what qualifications you need to meet to take the credit, and some limitations of the credit. I also talk about the child and dependent care credit briefly.
What is a Form 1099
Переглядів 3897 місяців тому
In this video I talk about Form 1099 and the various kinds of Form 1099s such as Form 1099-NEC, Form 1099-INT, Form 1099- MISC, and many more.
How To Calculate and Report The Earned Income Tax Credit (EITC)
Переглядів 7 тис.Рік тому
In this video I discuss how to calculate the Earned Income Tax Credit and report the credit on Form 1040. I go over Schedule EIC as well as showing how to calculate the EITC by using the Form 1040 instructions.
Earned Income Tax Credit (EITC) Explained
Переглядів 23 тис.Рік тому
In this video I go over the Earned Income Tax Credit (EITC) and the qualifications one needs to meet in order to take the credit. I briefly go over how to report the credit on one's tax return (Form 1040). The credit ranges from $560 if you are single all the way up to $6,935 if you have three children.
Taxes on Stocks (Beginners Guide)
Переглядів 237Рік тому
In this video I go over how stocks are taxed. I discuss short term capital gains, long term capital gains, and dividends. Additionally, I briefly talk about reporting stock sales on Form 8949 as well as Schedule D.
Child Tax Credit - Changes to Expect This Year
Переглядів 2,8 тис.Рік тому
This video goes over the Child Tax Credit for 2022 and how if differs from the 2021 tax return. In the video I go over how the American Rescue Plan Act child tax credit changes no longer apply to for the 2022 tax year.
Biden Student Loan Forgiveness Application
Переглядів 91Рік тому
In this video I go over Biden's Student Loan Forgiveness Program and what you need to qualify. Individuals are eligible for up to $20,000 of loan forgiveness if the student loans are Pell Grant loans or up to $10,000 if they are any other type of federal student loan.
3 Ways to Make Money Tax Free
Переглядів 3832 роки тому
3 Ways to Make Money Tax Free
How to Fill Out The Recovery Rebate Credit (Line 30 Form 1040)
Переглядів 14 тис.2 роки тому
How to Fill Out The Recovery Rebate Credit (Line 30 Form 1040)
5 Common Tax Credits That Might Apply to You
Переглядів 6572 роки тому
5 Common Tax Credits That Might Apply to You
How to Fill Out The Child Tax Credit Schedule (Schedule 8812)
Переглядів 37 тис.2 роки тому
How to Fill Out The Child Tax Credit Schedule (Schedule 8812)
How To Fill Out Form W-9
Переглядів 33 тис.2 роки тому
How To Fill Out Form W-9
Should I Use TurboTax?
Переглядів 4202 роки тому
Should I Use TurboTax?
When Will I Get My Tax Refund?
Переглядів 3962 роки тому
When Will I Get My Tax Refund?
Letter 6419 Advance Child Tax Credit Payments | Child Tax Credit
Переглядів 2812 роки тому
Letter 6419 Advance Child Tax Credit Payments | Child Tax Credit
NEW Form 1099-K Threshold | How This Might Affect You
Переглядів 3162 роки тому
NEW Form 1099-K Threshold | How This Might Affect You
5 Common Tax Return Mistakes (Form 1040)
Переглядів 8442 роки тому
5 Common Tax Return Mistakes (Form 1040)
2021 Tax Return Due Date
Переглядів 1612 роки тому
2021 Tax Return Due Date
How to Report Crypto Currency on Your Tax Return (Form 1040)
Переглядів 12 тис.2 роки тому
How to Report Crypto Currency on Your Tax Return (Form 1040)
How to Become a CPA
Переглядів 23 тис.2 роки тому
How to Become a CPA
Tax Planning Explained | What is Tax Planning
Переглядів 1112 роки тому
Tax Planning Explained | What is Tax Planning
Roth IRA Explained | What is a Roth IRA
Переглядів 2043 роки тому
Roth IRA Explained | What is a Roth IRA
How to Fill Out Form W-4 If You Have 2 Jobs Or If You Are Married
Переглядів 72 тис.3 роки тому
How to Fill Out Form W-4 If You Have 2 Jobs Or If You Are Married
How to Sell Your House Without Paying Federal Taxes
Переглядів 3193 роки тому
How to Sell Your House Without Paying Federal Taxes
Tax Update: Individual Tax Return Due May 17th
Переглядів 2413 роки тому
Tax Update: Individual Tax Return Due May 17th
Are Stimulus Checks Taxable? How to Report Stimulus Check Information on Your Tax Return
Переглядів 2,3 тис.3 роки тому
Are Stimulus Checks Taxable? How to Report Stimulus Check Information on Your Tax Return
How to file your taxes for free in 2021
Переглядів 1,9 тис.3 роки тому
How to file your taxes for free in 2021

КОМЕНТАРІ

  • @obedience2038
    @obedience2038 2 дні тому

  • @AngelaThomas-f9z
    @AngelaThomas-f9z 3 дні тому

    2878 Huels Coves

  • @katherynVanHoozier
    @katherynVanHoozier 10 днів тому

    Heyyy. Looking into starting my journey to CPA this year. I am currently an undergrad majoring in BA with a con. in Finance. Just a quick question I didn’t happen to see answered. I work a full time job as a QBDT support for Intuit. If I got an internship with an accounting firm could I get all my experience hours that way or would I need to pick up a part time job at the accounting firm to satisfy that requirement?

  • @PRODTEMPEST
    @PRODTEMPEST 10 днів тому

    Thank you!!

  • @bernied02
    @bernied02 11 днів тому

    really helpful, thank you!

  • @FergusonEileen-v5d
    @FergusonEileen-v5d 15 днів тому

    Dorothy Mill

  • @sleeplessape
    @sleeplessape 16 днів тому

    Thanks 👍🏼

  • @BulwerJulian-e5e
    @BulwerJulian-e5e 17 днів тому

    Clifford Springs

  • @YoungNat-h9x
    @YoungNat-h9x 19 днів тому

    Towne Crescent

  • @Valnat770
    @Valnat770 24 дні тому

    Do i have to declare what i earned on venmo and square by selling home made food?

  • @MinaMisu-r6j
    @MinaMisu-r6j 25 днів тому

    Daniel Stravenue

  • @brandonoliver447
    @brandonoliver447 28 днів тому

    882 Mann Oval

  • @DuncanGrondahl-n9f
    @DuncanGrondahl-n9f 29 днів тому

    Emmet Vista

  • @MariaDean-d1l
    @MariaDean-d1l Місяць тому

    Hackett Land

  • @IgnorantFishermen
    @IgnorantFishermen Місяць тому

    Thanks bro!

  • @leighabennett8524
    @leighabennett8524 Місяць тому

    How to do a 9 on the w4?

  • @aw7771
    @aw7771 Місяць тому

    How do you fill out the form if you have several substitute jobs but don't know what your income will be ? Thank you

  • @TimKennedy1
    @TimKennedy1 Місяць тому

    What do you do if you're self-employed in your income is from a schedule c. I don't see schedule c income as a box to fill in

  • @deedsy404
    @deedsy404 Місяць тому

    Dude your video is legit awesome! Well done simple and clear explanation. Unlike many other complicated videos I found prior.

  • @HappyChrysanthemumFlower-eg5fx
    @HappyChrysanthemumFlower-eg5fx Місяць тому

    Yes thank you , you are very clear and I appreciate that 🙏🏼 thank you

    • @TaxTeach
      @TaxTeach Місяць тому

      Happy to hear you enjoyed the video!

  • @joyndem6574
    @joyndem6574 Місяць тому

    This was really good 👏🏾. Thank you for taking the time to create a PowerPoint and breaking it down.

    • @TaxTeach
      @TaxTeach Місяць тому

      Happy to hear you enjoyed the video!

  • @spyropyrocyro33
    @spyropyrocyro33 Місяць тому

    So when I’m done do I send this to twitch?Cause I finally got affiliated and they want me to sign the w-9 form in order to start getting payed.

  • @missjayy1311
    @missjayy1311 Місяць тому

    How do you fill this out for someone who is married and has 2 jobs and spouse has 1 job and filing jointly. Can we do the same as a single for the first high paying job? Please explain

  • @nikkigerard3228
    @nikkigerard3228 2 місяці тому

    Thank you SOOOOOO MUCH that was helpful

  • @KatrinaRoberts-u1t
    @KatrinaRoberts-u1t 2 місяці тому

    Thanks❤

  • @vjcagle76
    @vjcagle76 2 місяці тому

    thank you! I needed to understand this for my Tax Class! you made it possible

  • @BayaniSteve
    @BayaniSteve 2 місяці тому

    Obviously CPA exam has been a pain in my but that won't bother me any longer I have gotten my license already thanks to you Mr Dylan God bless you more cuz you made it possible for me

    • @ZoeJames-xv6gr
      @ZoeJames-xv6gr 2 місяці тому

      People keep talking about Dylan all over UA-cam,he must be a very awesome help.

    • @InesTeresa-l3p
      @InesTeresa-l3p 2 місяці тому

      Yes you're correct but remember heaven helps those who help themselves, try studying if you can't study then get yourself a good help

    • @AgustinDanielle-ie2hp
      @AgustinDanielle-ie2hp 2 місяці тому

      I studied for months and couldn't pass, I guess passing is a blessing

    • @KingstonMartin-gl6br
      @KingstonMartin-gl6br 2 місяці тому

      CPA exam might seem so tough to pass but studying very hard is a very vital skill to win trust me.

    • @LorenzoAndres-cx9el
      @LorenzoAndres-cx9el 2 місяці тому

      Everyone has their own way, Dylan worked for me and studying didn't .

  • @frankayala3950
    @frankayala3950 2 місяці тому

    Hi Shawn thanks for the video. I have a question: 1. I'm a bookkeeper (that covers my experience).✔ 2. How many units will I need from college before I can take the CPA exam ? Thank you for sharing Shawn.

  • @mattcoursecareers
    @mattcoursecareers 2 місяці тому

    Hey Sean - CourseCareers sent an email about a paid partnership. Did you get a chance to read it yet?

  • @rohankashyap4816
    @rohankashyap4816 2 місяці тому

    What number would I use for line 3 if one of my jobs pays every 2 weeks but the other one is monthly?

  • @Brinb
    @Brinb 2 місяці тому

    Great video very informative. Thank you.

  • @JoJo-vi6xx
    @JoJo-vi6xx 2 місяці тому

    my problem is that my job is a per diem job without set hours. so idk how much im going to be earning

  • @noemicristalperez3718
    @noemicristalperez3718 2 місяці тому

    I don’t have a form 1040 For the first line is that number from the W2 form line 1??????

  • @keylanistyles
    @keylanistyles 3 місяці тому

    Thank you! Thank you!

  • @ItsMeLearyB
    @ItsMeLearyB 3 місяці тому

    Has any of this information changed for the new year or can I still use this video as a guide??

  • @brendaolivares3385
    @brendaolivares3385 3 місяці тому

    Is it necessary to update the W4 form from the first job (lower paying job)? What if you don't want the other employer to know you have two jobs?

  • @MyChino305
    @MyChino305 3 місяці тому

    Great video. Thank you!

  • @MyChino305
    @MyChino305 3 місяці тому

    If I have two jobs, would I be making these changes and submitting it to the higher paying job?

  • @MyChino305
    @MyChino305 3 місяці тому

    Didn’t see the link that covers section 3 and 4 on the W4. Would please be able to send? Also, if a person is single with no dependents. Would they place the dollar amount $0.00 on each line. One more question. If i take care of two family members, would the amount of $1000 be placed on lines 3a? Thank you very much

  • @MyChino305
    @MyChino305 3 місяці тому

    Thank you so much for this video. Very detailed

  • @iamhammad100
    @iamhammad100 3 місяці тому

    Hello Sean, I hope this message finds you well. I'm reaching out to express my admiration for Tax Teach and your commitment to educating individuals on the basics of taxes. Your dedication to providing valuable tax-related content is commendable, and I believe there's an exciting opportunity for us to collaborate. As a professional video editor, I specialize in creating engaging and informative videos that resonate with viewers. I'm passionate about helping content creators like yourself enhance the quality of their videos, making them even more impactful and educational. I would love to discuss how we can work together to elevate the production value of Tax Teach's videos. By collaborating, we can create visually appealing content that effectively communicates complex tax concepts to your audience. Please let me know if you're interested in exploring this collaboration further. I'm excited about the opportunity to contribute to Tax Teach's mission of tax education. Looking forward to hearing from you. Best regards, Hammad

  • @SteveV2023
    @SteveV2023 4 місяці тому

    So if my 19 year old daughter makes $13/hr & job 1 is 14 hours per week and 2 is only 5 hours a week.....does this even involve her??

  • @Football_Head21
    @Football_Head21 4 місяці тому

    6:11 so if I’m doing this for my lowest paying job I don’t have to do any of it? Or just for 4c

  • @kindree5414
    @kindree5414 4 місяці тому

    Hi, I am filling out a CSU application for college and it is asking me to input my Parents' adjusted gross income (AGI) for 2022 and my Parents' untaxed income and benefits for 2022. I know the AGI can be found on line 11 of the 1040 form on the 2022 Individual Tax Return, but I want to confirm where I can find the amount for the untaxed income and benefits? Is it line 2a where it says “Tax-exempt interest” or is it line 2b where it says “Taxable interest”? Line 2a is blank, but line 2b has an amount. Which one would I put? Thank you!

  • @gaigebee6004
    @gaigebee6004 4 місяці тому

    Thank you for actually giving details and examples, this is what I needed!

  • @jasskids9751
    @jasskids9751 4 місяці тому

    hi man great content. May i ask which pdf editor are you using?

  • @vaporwingfauxmcloud1190
    @vaporwingfauxmcloud1190 4 місяці тому

    Im getting my CPA Studies while deployed lol hopefully the military doesn't have me going all over the world lmfao (its a joke, travel is nice)

  • @BrittTodd-ij7yj
    @BrittTodd-ij7yj 4 місяці тому

    Thanks for this video - I truly appreciate it cuz I am confused. But I’m also more convinced than ever that the IRS makes taxes bizarrely complex on purpose. Good lord IRS just TELL me what I owe - you have the numbers and the experts. Why on earth am I working FOR FREE to do these calculations for you?

  • @jasskids9751
    @jasskids9751 4 місяці тому

    Great content man. What pdf editor are you using?

  • @ravendarkie
    @ravendarkie 4 місяці тому

    What if you get paid weekly at one job and monthly at the other?