Are Scholarships Taxable? [video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/04/Understanding_Scholarship_Taxes.mp4"][/video] For many students and their families, receiving a scholarship can be a huge financial relief. Whether it’s a…
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/Babies_and_Income_Tax_Returns1.mp4"][/video] The IRS doesn’t discriminate on the basis of age, not even babies. It’s one of those things that sound funny but…
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/Minors_and_Tax_Filing_Explained.mp4"][/video] If minors don't get taxes taken out, can I be 18 again? Yes, if a dependent child earns income, they will…
What is the New Federal Student Loan Forgiveness Plan? As of August 24, 2022, the Biden Administration announced a three-part plan to cancel certain amounts…
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/Maximize_Student_Loan_Deductions.mp4"][/video] By making a federal student loan payment, you’re eligible to deduct a portion of the interest paid in your federal tax…
Offset the Cost of Education By Claiming These Tax Breaks on Your 1040 Return Everyone knows that education costs money and tuition is expensive. However,…