Brass Tax Lady - Demystifying US taxes and have fun doing it

Name: Brass Tax Lady - Demystifying US taxes and have fun doing it
Rating: 4.6 (41 reviews)

Save time and your sanity by knowing the ins and outs of your income and how it is being taxed!

Created byEmily Churchill EA

Last updated 2/2022

English

What you'll learn

Learn how to understand your Income
Demystify the scaring process of doing Income and Corporate taxes preparation
Save time and Money by knowing how your money is being taxed and what you can do to lower the bill
Save your sanity, because you will know what the tax laws mean for you and your money

Course content

13 sections • 27 lectures • 3h 42m total length

Welcome to Brass Tax Lady!5:06
Welcome to Brass Tax Lady! I am going to break down and demystify US taxes for you! After doing client tax preparation for many years, I have learned that most people have the same questions, concerns and confusion regarding their taxes and how their income is being taxed. I am here to help!

Understanding your INCOME!9:45
The #1 think in taxes is Understanding your Income! This is huge! Because once you understand your income, you will understand how its being taxes, what expenses you can take, and what credit may apply to your tax situation!
1099 Misc/NEC explained, who needs to file one, and deadlines for 1099's7:53
What is 1099 NEC? What does 1099 Misc and 1099 NEC mean?
There's more 1099's??!!9:09
There's more 1099's? Yes, there is. I break down the additional 1099's that you may receive. And yes, you do need to report them.
1099 DIV and INT and where they go on the tax return7:58
Let's get into the 1099 DIV and INT. And yes you need to report it!
W-2 Withholdings, You need to know this!14:29
This one is HUGE! I walk through what taxes are being withheld on your W-2(s) and also which ones you actually need to pay attention to for your income tax returns.
Frantically texting a friend on what to put on that W-4, Here you go!8:58
As a tax preparer, I get this all time. I go over the new W-4 so you can fill it out for yourself and feel confident doing it.

Walk you through the IRS 1040 tax return20:10
Once you know your income, this will be a breeze. I walk you through the 2020 IRS form 1040, so you can see where your income goes, where your expenses go, and more.
The Schedule C - Business income, but I don't have a business?!13:44
This is a big one and the one I get asked the most. What can I write off? And what happens when I am an independent contract/have my own business/have cash income.
The Schedule E - It's just a Rental7:36
Similar to the Schedule C, we walk through the Schedule E so you know where those rents and expenses go.
The Schedule A - Can I write off dog food?12:56

Requirements

No prior tax knowledge needed, but a willingness to learn about your money and how it is taxed.

Description

I am an Enrolled Agent with the IRS and I have been preparing client tax returns, both personal and corporate, for many years. As a tax professional, I see the turmoil that taxes cause most people and I want to correct that course, so you can have a positive experience when working with your taxes and a tax professional. No MORE crying in taxes!

I have done workshops through Los Angeles, including IATSE (The Editors Guild), SAG-AFTRA, The Actors Fund, CCI and more, on tax laws and tax preparation and I am bringing that expertise to you here!

You will get all the information and more that I have shared over the years that has helped ease the tax preparation process for many and to demystify your unique tax situation.

Why take this course:

Get the monkey off your back!
Yes taxes are stressful for everyone, but let's demystify them so you can understand what is going on.
Taking responsibility for your taxes will alleviate the constant worry that is weighing you down!
Once you take control of your taxes, your money will be able to flow easier to you.
You need to show you can handle your money to receive more money
By taking responsibility you are saying to the universe “I know how to respectively treat my money, I am ready for more money to flow in”
Everyone pays taxes! Know the ins and outs of your income and taxes, so your life and your tax prep are less stressful, time saving and MONEY saving!

What is an Enrolled Agent?

IRS Definition of Enrolled Agent: An enrolled agent is a person who has earned the privilege of representing taxpayers before the Internal Revenue Service by either passing a three-part comprehensive IRS test covering individual and business tax returns, or through experience as a former IRS employee. I received my credentials through the IRS. In the eyes of the IRS, I am on the same lines as a CPA, Tax Attorney where I can represent clients in front of the IRS but what sets me apart is I am strictly educated in taxes.

***A CPA is regulated on the state level and the EA is regulated on the federal level***

This course if for Educational purposes only. It is not legal or tax advice.

Who this course is for:

Anyone who wants to know more about their tax situation, while also saving time, money and their sanity.

Brass Tax Lady - Demystifying US taxes and have fun doing it

What you'll learn

Explore related topics

Course content

Welcome to Brass Tax Lady!1 lecture • 5min

Get the monkey off your BACK!2 lectures • 9min

Understanding your INCOME!6 lectures • 58min

Walk through the IRS 1040 and Schedule here!4 lectures • 54min

Business Expenses: What you can write off and what you can't!1 lecture • 9min

I need to file Quarterly!! What does this mean?1 lecture • 10min

Congratulations, you just got married!1 lecture • 12min

City Taxes: Oh I can just throw that letter away. NO, STOP, DONT DO THAT!1 lecture • 6min

Selling Things Online: I don't make enough to pay taxes1 lecture • 3min

I need to Incorporate or Create an LLC!!!2 lectures • 15min

Requirements

Description

Who this course is for: