Family and Taxes
The Inheritance Tax: What You Should Know and What To Do About It
Inheritance tax is an important consideration for individuals who receive assets from a deceased person’s estate. While the United States does not have a federal…
Married Filing Separately: What It Means and When It Makes Sense
When you’re married and preparing to file your taxes, you generally have two filing status options: married filing jointly or married filing separately. While most…
Tax Benefits of Marriage: How Tying the Knot Can Lower Your Tax Bill
Marriage is often viewed as a romantic and personal milestone, but it also comes with financial implications—especially when it comes to taxes. For American couples,…
Is Social Security Disability Income Taxable by the IRS?
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/Understanding_SSDI_Tax_Implications.mp4"][/video] Social Security Disability Income (SSDI) provides crucial financial support to people unable to work due to a disability. While the benefits…
How to Know If You Owe Taxes: The Complete Guide
How will you know if you owe taxes? Well, the IRS makes it no secret, truth be told. In fact, they’re supposed to inform you…
Claiming Parents as Dependents: How it Works
Who doesn’t want to help their parents? Claiming an elderly parent as a tax dependent is not only caring for them as they enter the…
The Consequences of Filing Taxes Late
Filing your tax return late is not going to put you on the IRS’s good side, and they could penalize you with both late-filing penalties…
Babies And Tax Returns: A Real (If Unlikely) Pair
[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…
