Common Questions
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First steps when opening a business (10:56)
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How is income taxed in the United States? (9:07)
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Who pays my income taxes? (4:12)
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When are taxes due every year? (4:36)
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What is sales tax and why do I have to pay it? (1:46)
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What is payroll tax? (3:34)
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Why you need books and financials (3:39)
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Which financials should you look at? (7:41)
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Why you need a budget (1:47)
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Why you need a bookkeeper (2:16)
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Why you need an accountant (2:00)
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What kind of insurance do I need? (2:56)
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Myth-Busting Taxes (4:18)
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Does filing an extension raise a red flag with the IRS? (2:25)
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Can I go to jail after being audited? (2:09)
Let's Talk Entities: Sole Proprietor
Let's Talk Entities: Single-Member LLCs (SMLLC)
Let's Talk Entities: Partnership
Let's Talk Entities: S-Corporation
Let's Talk Entities: C-Corporation
Help Me Understand a Form 1040 Individual/Personal Income Tax Return
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Form 1040 : Individual/Personal Income Tax Return (13:05)
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Schedule A : Itemized Deductions (3:55)
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Schedule C : Profit and Loss from Business (Sole Proprietor and Single-Member LLC) (7:33)
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Schedule D : Capital Gains and Losses (3:38)
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Schedule E : Supplemental Income from Rental Real Estate, Partnerships and S-Corps (2:06)
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Schedule 1 : Additional Income and Adjustments to Income (6:33)
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Schedule 2 : Additional Taxes (2:47)
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Schedule 3 : Additional Credits and Payments (2:22)
