How To Use Your Bank Statements To File Your Tax Returns (WITHOUT QuickBooks)

[@carolinacabrera9022]

I love this video!!! As someone who's barely started a business this format is a huge help in keeping my books organized and filing taxes alot easier!! Thank you

[@alphadogsk9training908]

How do you get the info from your bank statement to excel? Do you have to input it yourself one by one?

[@AlexMorales-s6d]

I had a house fire and lost all of our documentations for my business - this helped out so much thank you!!

[@EfrosFinancial]

Thank you for watching! I'm sorry to hear about the fire but I'm glad that the video was helpful! :D

[@robertschelly]

This is truly awesome. Thank you!

[@wakeywakey8603]

I wish u would have shown how to find the CSV file from the online banking profile and then how to import the raw data. I'm gonna call the help line at Wells Fargo.

[@TVSCDN]

Thanks a lot.. This eases the classification job a thousand times🎉🎉🎉❤❤❤😊

[@EfrosFinancial]

Hey there, you're welcome! Glad it was helpful. Be sure to subscribe to the channel for more videos! :D

[@jonathanalas987]

How do I get my bank statement into excel if it’s 10 times longer than the one showed?

[@abbygreenwood09]

This is exactly what I was looking for! Thank you so much.

[@EfrosFinancial]

You're welcome -- thank you for watching! :D Be sure to subscribe for more great videos!

[@ammadhabib7099]

hello , hope you're doing well, just want to say great work ,, love it , also a quick question ? can we use the expenses of schedule C in preparing small entity bookkeeping and tax calculations ?

[@NotToShabbyTV]

this video is amazing. as someone whos never done their taxes ever or used excel often lol

[@HarryLKingJr-j2o]

Thank you!! Great information!!

[@bayareaelectical]

Wonderfully explained. 🎉

[@EfrosFinancial]

Glad it was helpful -- thanks for watching! :D

[@katjafreeman9307]

Wow best method around!! Thank you so much

[@chitrasubramanian4505]

Thanks 🎉🎉🎉

[@MoonlightGuardian9]

Thank you for changing my life!!!❤ it's very help, indeed. 😊

[@luxurytaxprep]

This video really shows the power of excel.

[@EfrosFinancial]

Sure does -- thanks for watching! :D

[@faheemshakoor1204]

Best & Amazing Lesson,

[@EfrosFinancial]

Thanks for watching and for your feedback! :D

[@wakeywakey8603]

I'm a Lyft driver who has been renting hybrid cars long term from Lyft to do rideshare driving. I can't believe how many people say u must own the car in order to take the standard mileage deduction. I disagree. IRS doesn't care if "your" car is financed, leased or rented. In all 3 cases, nobody actually owns the car. We make payments weekly or monthly under contract to drove the "car" (suv, van, etc.). As a renter, obviously I won't be taking extra deductions for loan interest & depreciation. But Tesla drivers can also take the standard mileage deduction even though their car doesn't require gas or oil changes. The entire point is vehicle expenses for business use. Few people actually own the car & possess the pink slip. Unbelievable how many people get stuck on semantics & miss the point entirely esp regarding standard mileage deduction. Leasing a car & renting a car are both vehicle expenses & all the other costs involved in operating the vehicle.

[@JruTxAgnt]

Good method.

[@missyf108]

Thank you