[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/Federal_Standard_Deduction_Explained.mp4"][/video] Unlike itemizing deductions, which lets you pick and choose which expenses get deducted from your taxable income, the standard deduction is…
Roughly one in three Americans files their own taxes online, rather than using a professional tax preparer. If you're going to file electronically, there are…
Information for Self-Employed Persons For Federal income tax purposes, it is important to know whether you are an employee or an independent contractor. Employee…
Tips for Claiming Miscellaneous Deductions on Your Income Tax Return Itemizing your deductions (as opposed to claiming the standard deduction) means that you may…
Learn How the New Health Care Law Impacts Your Taxes Beginning in 2014, the Individual Shared Responsibility provision of the Affordable Care Act takes…
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2021/12/Tax_Extension_Guide_2023.mp4"][/video] Spring has arrived and April 15 will be here before we know it, but many of us won’t be ready to…