Video Topic: Guide to Filing IRS Taxes 2023 - Taxes 2023 Update - Form W2 IRS Tax season 2023 has started and every individual is filing taxes. Houston.Tax brings the Beginners Guide to Filing Taxes 2023 for Texans and Houstonians. One of the duties of life that cannot be avoided is tax filing. Individual tax returns are required to be filed by everyone at some stage. The tax return filing process might be difficult for a first-time filer. If this is your first time doing taxes, this article will help you avoid making some of the most typical filing errors. Determine if You Must File a Tax Return Although this may have been your first year working, you should still check whether or not you need to file a tax return. You should include all of your earnings, even if they came from unconventional sources like gigs or freelancing. Filing is mandatory if you fall into one of the following categories; however, there are several exceptions to these laws: You filed as a single person and made over $12,950 in 2022. If you and your spouse are under 65 years old, you have married filing jointly, and making at least $25,900 in 2022. With one partner being under 65 and the other over 65, you filed as a married couple and made at least $27,300 in 2022. You were the head of your household in 2022 and made at least $19,400. If your parents help pay for your financial needs, and education or give you a monthly allowance, different rules apply. If this is true, your parent might be able to put you on their tax return as a dependent. Before you fill out your own tax return, you should ask your parents if they plan to put you on theirs as a dependent. For more details watch the complete video. If you want to read our blog on Guide to Filing IRS Taxes 2023, then click the link below: https://www.houston.tax/blog/beginners-guide-to-filing-taxes-2023-houston-tax-step-by-step-guide-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 - Guide to Filing IRS Taxes 2023 - Taxes 2023 Update - Form W2 00:37 - Determine if You Must File a Tax Return 01:01 - Figure out How to File 01:22 - Gather Your All Tax Info 02:27 - Do Not Miss the Deadline for Filing 03:01 - Houston.Tax Help Desk for First-Time Taxpayers #irs #irstaxes #taxfiling #taxhelp #taxservices #usa #unitedstates #texas #houston #houstontexas #houstontx

Video Topic: IRS CP 14 Notice-CP14 Notice-CP14 Notice Explained For more information visit our website: https://www.houston.tax/ Notice CP14 is sent by the IRS to people who still owe money on their federal tax accounts. It acts as a bill for taxes that haven't been paid and includes information like the amount due, any interest that has built up, and any fines that have been incurred. Even though the IRS promised tax relief, some people who live in a marked disaster area may be shocked to find a CP14 in their mailbox, even though the IRS said they would get help. Don't worry if you are one of these people who got IRS Notice CP14 by mistake but are in a disaster area. The IRS has sent out a lot of wrong CP14s. Here is the information you need. Where Do Automatic Tax Extensions Apply, and What Kinds of Disasters Qualify? People who have been affected by natural disasters in different parts of the country and its territories have continued to get automatic tax extensions from the IRS. Counties in the following 12 states have been affected by this: • California • Florida • Oklahoma • Indiana • Tennessee • Arkansas • Mississippi • New York City • Georgia • Alabama It also covers the parts of Guam and the Mariana Islands that have been affected. On the IRS website, you can find a full list of the qualifying disaster areas that have been affected. All taxpayers in the affected areas were immediately given until October 16, 2023, to file their taxes and pay them, or another form of relief from taxation. For more details watch the complete video. If you want to read our blog on IRS CP 14 Notice then click the link below: https://www.houston.tax/blog/irs-cp14-notice-what-you-need-to-know-in-2023-houston-tax-explanatory-blog-post ---------------------------------- 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/ #irs #irshelp #irsnews #irstaxes #taxes #taxation #usa #unitedstates #texas #houston #houstontx #houstontexas

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