TAX ADVICE for People Making UNDER $40,000 a Year
This video is about tax advice for people making under $40,000 a year. We want to provide you valuable tax advice to make sure you are optimizing your tax return in order to pay less tax, get out of IRS penalties, and use all available tax credits to your advantage.
Ultimately, if you want to pay less taxes to the IRS and make sure you are filing your tax return in the most tax efficient manner, then this video is perfect for you.
We'll talk about how to get out of IRS tax penalties. This tax penalty avoidance can be done with the first time penalty waiver or by providing reasonable cause. We'll talk about selecting the correct filing status for your tax return, which includes making sure you're claiming head of household if you are supporting a dependent. We'll make sure that you file a tax extension in order to avoid the failure to file penalty with the IRS. And we'll also cover the Earned Income Tax Credit.
This may not be as exciting as the TurboTax 2020 Super Bowl Commercial. That's probably got to be the best tax commercial 2020 for all people are tax people. Anyways, we hope you can utilize this tax advice for your turbotax 2020 tax preparation or just for your general knowledge.
Please check out our other videos about 2020 tax changes and how these tax changes 2020 affect you and your tax returns this tax year and going forward. Please also check out our W 4 videos about how to fill out a W4 2020, which we will provide a link for at the end of this video.
And please stay tuned for our series on tax tips and tax updates 2020 and 2020 tax law changes. Thank you so much!
Видео TAX ADVICE for People Making UNDER $40,000 a Year канала ClearValue Tax
Ultimately, if you want to pay less taxes to the IRS and make sure you are filing your tax return in the most tax efficient manner, then this video is perfect for you.
We'll talk about how to get out of IRS tax penalties. This tax penalty avoidance can be done with the first time penalty waiver or by providing reasonable cause. We'll talk about selecting the correct filing status for your tax return, which includes making sure you're claiming head of household if you are supporting a dependent. We'll make sure that you file a tax extension in order to avoid the failure to file penalty with the IRS. And we'll also cover the Earned Income Tax Credit.
This may not be as exciting as the TurboTax 2020 Super Bowl Commercial. That's probably got to be the best tax commercial 2020 for all people are tax people. Anyways, we hope you can utilize this tax advice for your turbotax 2020 tax preparation or just for your general knowledge.
Please check out our other videos about 2020 tax changes and how these tax changes 2020 affect you and your tax returns this tax year and going forward. Please also check out our W 4 videos about how to fill out a W4 2020, which we will provide a link for at the end of this video.
And please stay tuned for our series on tax tips and tax updates 2020 and 2020 tax law changes. Thank you so much!
Видео TAX ADVICE for People Making UNDER $40,000 a Year канала ClearValue Tax
Показать
Комментарии отсутствуют
Информация о видео
Другие видео канала
![Top Ten Tips for Filing Your Tax Return!!!](https://i.ytimg.com/vi/_FPNGW7m9zs/default.jpg)
![Taxes on Stocks Explained for Beginners That Know Nothing About Stocks](https://i.ytimg.com/vi/EKYMbsjUUtE/default.jpg)
![2020 Tax Changes - Individual Income Taxes 2020 Explained!](https://i.ytimg.com/vi/JMQuzVJKBtg/default.jpg)
![IRS Audit Red Flags for the self employed - IRS Audit Triggers](https://i.ytimg.com/vi/2mptSHYgmww/default.jpg)
![How to fill out a W4 Form](https://i.ytimg.com/vi/9CfsvxPE8A8/default.jpg)
![Tax Advice for filing Your Taxes - 12 Critical Tax Tips!](https://i.ytimg.com/vi/-EUVc9r1Bzc/default.jpg)
![6 Ways to Reduce Your Taxable Income in 2020 (Loopholes You Need To Start Using!)](https://i.ytimg.com/vi/sphgRMqQRw0/default.jpg)
![The best sleeping position for back pain, neck pain, and sciatica - Tips from a physical therapist](https://i.ytimg.com/vi/-Qxmc4E7IwA/default.jpg)
![New Tax Laws for 2020 Explained! (2020 Tax Reform) 2020 Federal Income Tax Rules](https://i.ytimg.com/vi/ewhbBCRvIO0/default.jpg)
![Your chances of an IRS AUDIT if you make under $500K](https://i.ytimg.com/vi/xrF0gn76MPY/default.jpg)
![10 Highest Paying Jobs Without a Degree 2021](https://i.ytimg.com/vi/Fi1VT0U25E4/default.jpg)
![How Amazon Paid $0 Federal Income Tax in 2018](https://i.ytimg.com/vi/qNg55JDMDHM/default.jpg)
![](https://i.ytimg.com/vi/6R8BUhf0MBM/default.jpg)
![How to Invest $500 in Stocks - we just bought Ally Bank and IRM](https://i.ytimg.com/vi/0Oh-RszHJlE/default.jpg)
![How to set your W4 Tax Form to get a Refund or Break-Even](https://i.ytimg.com/vi/xHfcS4byIZE/default.jpg)
![Child Tax Credit Explained 2020](https://i.ytimg.com/vi/-iPXDxxB_g0/default.jpg)
![2021 Annual Tax Refresher Course with NEW Tax Laws and Updates for Domain 1](https://i.ytimg.com/vi/FXNc7hIGhEI/default.jpg)
![Taxes For the Self-Employed | How to file the PERFECT Income Tax Return](https://i.ytimg.com/vi/anjYtuaxnJ0/default.jpg)
![IRS Audit Tips and Advice when you receive an IRS Audit Letter](https://i.ytimg.com/vi/ykJFzi0Wrs8/default.jpg)
![6 Tax Breaks For Homeowners](https://i.ytimg.com/vi/0r_ui7ywUaI/default.jpg)