Today, we've got a topic that hits close to home for many of us - how to navigate the tricky waters of taxes when you're going through a divorce. Divorce is never easy, both emotionally and financially. And guess what? It can also have a big impact on your taxes. But don't worry, we've got your back with some crucial tips to help you through it. Number one, it's crucial to figure out the right way to file your taxes post-divorce. The key here is whether your divorce is finalized by the end of the tax year or not. Depending on your situation, this decision can make a significant difference in your financial outcome. Moving on to tip number two. If possible, consider selling assets jointly with your spouse before the divorce is finalized. This move can actually come with some surprising tax benefits, especially if it involves your primary residence. It's all about maximizing those benefits while you still can. Next up, tip number three. It's time to talk about the kids. Decide who will claim them for those all-important tax benefits. Filing jointly might be the way to go, as it can help split those advantages. For more details watch the complete video. If you want to read our blog on Filing IRS Taxes During Divorce then click the link below: https://www.houston.tax/blog/filing-irs-taxes-during-break-up-important-blog-for-dallasites

Video Topic: IRS Tax Prep and Filing 2023 | IRS Tax Season 2023 Update | Income Tax Preparer in Houston In Houston, there's just one name to know when it comes to finding reliable tax prep services. Having trouble locating a reliable Tax preparation and auditing service? Don't stress over it. Everyone who receives a letter from the Internal Revenue Service (IRS) should be concerned about a potential tax audit. Due to intense competition, there are likely several tax preparation services to choose from. But not all of them have to give you the same results. But if you keep your wits about you, you can find the right service provider. In light of this, we've written a blog post with some useful tips that will help you choose the right Tax Services firm in Houston. Professionalism Now more than ever, in our highly technological society, reaching out to a wide internet audience is a need. If you are looking for a reputable tax consultant in Houston, you may get a sense of them via their online presence. Would you consider it to be of professional quality? Every business or individual taxpayer values the services of a reputable tax preparation firm. Identify The Right Income Tax Preparer in Houston By searching using terms like "Tax Preparation Services," "IRS in Houston TX," "Houston tax services," "tax preparation service Houston, TX," or "something similar," you may be able to get the finest IRS audit help in your area. You may reach us at (281) 404-0443 even if you're not a local of the Houston area. With our extensive background, Houston.Tax can ensure stress-free income tax filing services for you. For more details watch the complete video. If you want to read our blog on IRS Tax Prep and Filing 2023 then click the link below: https://www.houston.tax/blog/tax-preparation-services-houston-houston-tax-inexpensive-offer-for-texians-and-houstonites ---------------------------- For requesting a Tax Service: https://www.carts.houston.tax/first-touch/steps/intro-landing/ --------------------------- For Requesting a bookkeeping Service: https://www.carts.houston.tax/bookkeeping/steps/books-landing/ -------------------------- For more query Contact Us thru our email address: contact@houston.tax -------------------------- Call Us: (281) 404-0443 ------------------------ For more information visit our website: https://www.houston.tax/ ------------------------- Below is the Timestamp of this video content: 00:00 - IRS Tax Prep and Filing 2023 | IRS Tax Season 2023 Update | Income Tax Preparer in Houston 00:56 - Professionalism 01:33 - Identify The Right Income Tax Preparer in Houston #irs #irstaxes #taxpreparation #taxpreparer #taxpreparationservices #usa #unitedstates #texas #houston #houstontx #houstontexas

Video Topic: IRS Most Common Tax Forms 2022 - Wage and Tax Statement Form W 2 - W 4 Tax Form Learn about the IRS tax forms you'll need to fill out next tax season to save yourself some time. This webpage will serve as a reference for the most typical tax return forms. Wage and Tax Statement (Form W-2) For employed taxpayers, the W-2 is one of the most typical IRS tax forms. This form keeps track of how much you made and how much you paid in taxes during the year. By the start of tax season, employers who withhold income for Medicare and Social Security are supposed to furnish a W-2 (no later than January 31). Employee's Withholding Certificate (Form W-4) Form W-4 will be sent to you to calculate how much federal income tax should be withheld from your paycheck. Substantial life changes occur that will influence your filing status, you should update this form (such as marriage). Miscellaneous Income Form 1099-MISC The miscellaneous income form is for taxpayers who earn money from rent, royalties, or other sources of income involving big payments from individuals or companies. The IRS will issue Form 1099-MISC to you. Individual Income Tax Return (Form 1040) in the United States This form establishes your filing status, basic deductions, credits, and, most crucially, how much you owe the IRS. For more detail watch the complete video. If you want to read a blog on IRS Most Common Tax Forms 2022 - Wage and Tax Statement Form W 2 - W 4 Tax Form then click the link below: https://www.houston.tax/blog/the-2022-guide-to-help-you-understand-most-common-irs-tax-return-forms For requesting a Tax Service: https://www.carts.houston.tax/first-touch/steps/intro-landing/ For Requesting a bookkeeping Service: https://www.carts.houston.tax/bookkeeping/steps/books-landing/ We are Xero Partners and offer free bookkeeping software with service or get 50% off for six months: https://www.xero.com/us/partnerships/houston-tax/ For more query Contact Us thru our email address: contact@houston.tax Call Us: (281) 404-0443 For more information visit our website: https://www.houston.tax/ Below is the Timestamp of this video content: 00:00 - IRS Most Common Tax Forms 2022 - Wage and Tax Statement Form W 2 - W 4 Tax Form 00:15 - Wage and Tax Statement (Form W-2) 00:39 - Employee's Withholding Certificate (Form W-4) 00:53 - Miscellaneous Income Form 1099-MISC 01:17 - Individual Income Tax Return (Form 1040) in the United States 01:31 - U.S. Tax Return for Seniors, Form 1040-SR 01:55 - Certain Government Payments Form 1099-G 02:13 - Tuition Statement, Form 1098-T #irs #tax #taxes #taxreturns #incometax #incometaxreturn #taxform #unitedstates #texas #houston