Taxes

Today I'm talking about... Hi, Evelyn here again. It's tax time. And nobody wants to be audited by the IRS. So today, I'll just talk about some red flags you need to look at as you file your tax returns. So to avoid a IRS audit what you have to do, is you have to make sure that the amount on your tax return matches your 1099. So you don't want

[Transcription] Hey, welcome. This is part four of Overlooked Deductions. If you've missed part one, two, or three, go back and take a look at those videos. You might be missing some deductions this year. Now, today, I'm going to talk about a deduction that you can easily overlook, which is your bonus. And now, this deduction means even more with the 2018 tax changes. So, congratulations. This year has been

Hello. Let's take a look at part three of Overlooked Deductions. If you haven't seen part one or part two, I do advise you go back and watch those videos. You might be able to find some deductions you might have overlooked. Today, we're going to specifically examine your fixed assets and how you might be overlooking some deductions you could have of your fixed assets. So, while you run

[Transcription] Welcome to part two of Overlooked Deductions. Today, I'm talking specifically about worthless inventory. Now, what is worthless inventory? So, let's say you have a business of buy and selling products. You buy something to sell it. When you buy this product for resale, that part is called inventory. Now, sometimes you might think product A might sell, and so you buy tons of product A. And you put

[Transcription] Today, I'm talking about. Welcome to your last minute 2018 tax planning. Today, I am going to talk about an overlooked tax deduction called the business bad debt. Specifically, we'll be talking about a business bad debt. What is a business bad debt? So now let's say, one of your customers comes to you, you provide a service, and then you provide a service, but they didn't pay you. They