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Short-Term Capital Gains Tax: A Quick Guide

[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2021/12/Understanding_Short-Term_Capital_Gains.mp4"][/video] A Quick Guide To The Short-Term Capital Gains Tax Capital gains taxes apply in different ways to different types of profits…

How Are Bonuses Taxed? A Quick Explanation

[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2021/12/Understanding_Bonus_Taxation.mp4"][/video]   How are bonuses taxed? It's a valid question since, after a year’s worth of hard work helping your company meet…

Claiming Dependents On Taxes: A Complete Guide

[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2021/12/Tax_Benefits_of_Claiming_Dependents.mp4"][/video] What is Claiming Dependents on Taxes? For tax purposes, a dependent is anyone who relies on you for financial support and…

How To Know What Tax Rate To Use In Your Return

[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2024/12/tax-rate-return.mp4"][/video] With different brackets, deductions, and credits to consider, it’s easy to feel overwhelmed. But don't worry, you'll find everything you need…

Irs Code 971: What the Notice Means & How to Respond

[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/Understanding_IRS_Code_971.mp4"][/video] A big part of the work that the IRS does is cross-checking information. As you can imagine, that means they’ll often…

Earned Income Tax Credit (EITC): How To Qualify & File

Overview of the Earned Income Tax Credit (EITC) The Earned Income Tax Credit (EITC), also known as the Earned Income Credit (EIC), was established in…

IRS Code 766: What it Means on Your Transcript

[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/Understanding_IRS_Code_766.mp4"][/video] Taxes and good news seldom come together, but that doesn’t mean it never happens. Case in point, you might one day…

How To Qualify for the $4000 Used EV Tax Credit

It's easy being green, especially when you get a tax credit for it. The time has come for you to buy a new vehicle, at…