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| Name | 5 Costly Mistakes Taxpayers Make |
| Video Uploader | Video From The Tax Geek |
| Upload Date | This Video Uploaded At 12-06-2022 23:29:17 |
| Video Discription | Over the years, I've seen plenty of people make some pretty expensive mistakes when it comes to their taxes. Sometimes this comes out of ignorance, some out of laziness, and some were just purely bad financial decisions. This video explores what the 5 biggest mistakes are, and simple, commonsense advice for avoiding (or correcting them). Please note: These are my opinions based on my experience. Other people in the tax, accounting, and investment business have different experiences and different opinions. Here are some additional videos that go deeper into the topics addressed in this video. Claiming dependents: https://youtu.be/kXdSK0LHhq8 CP2000 Notices: https://youtu.be/CJ2XaUI3Xbg And how to respond to them: https://youtu.be/sPKDHqkGkrg Setting up an installment plan with the IRS: https://youtu.be/CTCiVBvknFs Early retirement plan withdrawal penalties: https://youtu.be/Eh2oGlpIA5Y Taxes for people paid as independent contractors: https://youtu.be/fY1dZGOVIEw The Tax Geek on Twitter: @taxgeekusa The Tax Geek on Reddit: www.reddit.com/r/askataxgeek Image and video sources: Storyblocks.com Pexels.com Wikimedia Commons Intro Music: "Bluesy Vibes" - Doug Maxwell - YouTube Audio Library Outro Music: "Modern Attempt" - Track Tribe via YouTube Audio Library DISCLAIMER: This video is for educational and informational purposes only. It is not intended to render tax advice or investment advice for individual situations. If you have questions regarding your particular situation, please consult with a qualified tax or investment professional. The information in this video is current as of date of publication, and is subject to changes. nGZw99WIoo8 |
| Category | Education |
| Tags | Federal Income Taxes | Dependents | IRS Intstallment plans | currently not collectible | CP2000 notice | IRS notice | retirement plan withdrawals | 401k loans | business record keeping | independent contractor |
