Understanding Tax Form 1040 and Adjustments to Income Tax Preparation 2023-2024
"Unlock the mysteries of Tax Form 1040 and master adjustments to your income for smoother tax preparation in 2023-2024! Join us for a concise breakdown of essential tax concepts and learn how to navigate your taxes with confidence. Whether you're a seasoned taxpayer or new to the process, this video will provide valuable insights to help you maximize deductions and minimize stress during tax season. Subscribe now for expert guidance on understanding and optimizing your tax filings!" ... https://www.youtube.com/watch?v=-bzHWZdvG_s
IRS Tax Tip
People can stay connected to the IRS through social media and e-news subscriptions
https://www.irs.gov/newsroom/people-can-stay-connected-to-the-irs-through-social-media-and-e-news-subscriptions
https://accountinginstruction.info/
Taxpayers can stay in the know on all things tax-related by following the IRS verified social media accounts and subscribing to the agency's e-news services. Here are some details about these valuable information resources.
IRS social media platforms
Twitter: Taxpayers, businesses and tax professionals can follow the IRS handles for up to the minute announcements, tips and alerts in English and Spanish.
Facebook: News and information for everybody. Also available in Spanish.
Instagram: The IRS Instagram account shares taxpayer-friendly information.
YouTube: The IRS offers three video channels − English, Multilingual and American Sign Language.
LinkedIn: The IRS shares key agency communications and job opportunities.
The agency continues to increase multilingual outreach on social media. For example, IRS has created individual Twitter Moments in six languages, highlighting key messages in Spanish, Vietnamese, Russian, Korean, Haitian Creole and Simplified Chinese.
The IRS also has a free mobile app, IRS2Go, where taxpayers can check their refund status, pay taxes, find free tax help, watch IRS YouTube videos, and get daily tax tips. The IRS2Go app is available from the Google Play Store for Android devices, or from the Apple App Store for Apple devices. It is available in both English and Spanish.
Taxpayers should not reply to an IRS direct message on social media asking for personal or financial information. These are common scams that try to lure taxpayers on social media platforms or with unsolicited emails, texts, or calls.
Get automatic updates by email
The IRS e-News subscription service issues tax information by email for many different audiences. It provides tips, tools, and helpful materials of interest to taxpayers and organizations. The IRS offers subscription services tailored to tax exempt and government entities, small and large businesses as well as individuals. The service is easy to use. Anyone can sign up by visiting IRS e-News Subscriptions.
IRS e-News options include:
IRS Outreach Connection − This subscription offering delivers up-to-date materials for tax professionals and partner groups inside and outside the tax community. The material for Outreach Connection is specifically designed so subscribers can share the material with their clients or members through email, social media, internal newsletters, e-mails or external websites.
IRS Tax Tips – These brief, concise tips in plain language cover a wide-range of topics of general interest to taxpayers. They include the latest on
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Income Statement or Profit & Loss Analysis After Two Months of Data Input
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Playlist: https://www.youtube.com/playlist?list=PL60SIT917rv5CNsiaWRWIs91vU_X6pJm6
Google Classroom: https://classroom.google.com/c/NTA5MDIzODQxMTc2?cjc=a27ebm4
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Resource: transcripts and language options: https://1drv.ms/u/s!Ap8mLpFX7uo9g6pA2PQy0eWKaZzIzw?e=sY3lEH
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Standard Deduction Overview Tax Preparation 2023-2024
? Dive into the world of tax deductions with our comprehensive Standard Deduction Overview! ? Whether you're a seasoned taxpayer or a newcomer to the tax game, this video breaks down the basics of standard deductions, helping you navigate through the intricacies of tax season.
? In this video, we cover:
? What is the Standard Deduction?
? Who qualifies for the Standard Deduction?
? How does it differ from itemized deductions?
? Current standard deduction amounts for individuals and families.
? Tips for maximizing your tax savings using the standard deduction.
? Understanding your tax benefits is crucial for financial planning, and our Standard Deduction Overview simplifies the complexities, ensuring you're equipped with the knowledge to make informed decisions.
? Don't forget to like, share, and subscribe for more insightful content on personal finance, taxes, and navigating the world of money!
? For more in-depth resources and tax-related content, visit our website [YourWebsite.com].
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