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Paying Taxes

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What Are Dividends Now Taxed At? A Comprehensive Guide for 2025

As we’ve explained before, dividends are a form of income distribution given to a corporation’s shareholders, and are a popular choice for investors seeking passive…


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Do Minors Have To Pay Taxes?

This should come as no surprise to anyone, but the IRS sees little difference between minors and adults when it comes to filing and paying…


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How Do I File Back Tax Returns?

How To File Back Tax Returns Key points in this article: Filing back taxes requires you to use all applicable IRS forms used on their…


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Is Social Security Taxed After Age 70?

Do You Stop Paying Taxes On Social Security At Any Age? Article summary: Social Security benefits becoming non-taxable after you turn 70 is a myth. …


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Powerball After Taxes: How Much Will The IRS Take?

Lottery Winnings After Taxes: How Much Do You Have To Pay? Key points in this article: The federal government taxes all lottery prizes over $5,000…


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How Are Bonuses Taxed? A Quick Explanation

Are Bonuses Taxed Higher Than Your Wages? A Quick Explanation Key takeaways in this articles: The IRS considers any form of additional compensation to your…


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Claiming Dependents On Taxes: What You Need To Know

Claiming Dependents On Taxes Article summary: A tax dependent is a qualifying child (or relative) that you can claim for tax deductions and credits on…


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How To Know What Tax Rate To Use In Your Return

How To Know What Tax Rate To Use In Your Return Key points in this article: The higher your income is, the higher tax bracket…