Paying Taxes
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…
What Are Dividends Now Taxed At? A Comprehensive Guide for 2025
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/Understanding_Dividend_Taxation.mp4"][/video] As we’ve explained before, dividends are a form of income distribution given to a corporation’s shareholders, and are a popular…
Do Minors Have To Pay Taxes?
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/Minors_and_Tax_Filing_Explained.mp4"][/video] This should come as no surprise to anyone, but the IRS sees little difference between minors and adults when it…
How Do I File Back Tax Returns?
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/Filing_Back_Taxes_Made_Easy.mp4"][/video] Let’s say you didn’t file your tax return for a year (or a couple of years, maybe even three). The…
Is Social Security Taxed After Age 70?
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/Social_Security_Tax_Myths_Explained.mp4"][/video] Is social security taxed after age 70? In life there are many myths that people keep believing despite them having no…
Powerball After Taxes: How Much Will The IRS Take?
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/powerball.mp4"][/video] You know how it goes, one person becomes a millionaire overnight, and the rest of America turns into financial analysts.…
