Tax Deductions
IRS Options If You Cannot Pay Your Taxes
How to Resolve Your Federal Tax Debt When tax time comes around, inevitably there are people who are not able to pay everything they owe.…
Top 5 Most Popular Itemized Deductions for U.S. Taxpayers
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2015/10/Top_5_Tax_Deductions_Explained1.mp4"][/video] Itemizing your tax deductions can decrease your taxable income by a sizable amount, but you can’t just choose whatever expenses…
Tips for Filing a Late Tax Return
File Your Past Due Tax Return to Avoid Further Penalties It is recommended that you file any tax returns that are due, whether or not…
Life Events That Can Impact Your Taxes
A change in life circumstances, whether good or bad, can affect your tax return. >> Start Your FREE E-file Here are some instances where you will…
How Does a Health Savings Account (HSA) Work?
Offset Health Care Costs With an HSA Health Savings Accounts (HSAs) are designed to help individuals offset the health care costs associated with High…
Tax Tips To Report Your Hobby Income
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/hobby.mp4"][/video] Is your favorite pastime classified as a business or a hobby? Here’s how the IRS sees it. Millions of people enjoy…
Are You Subject to the Alternative Minimum Tax (AMT)?
Learn About AMT Rules & Guidelines The Alternative Minimum Tax (AMT) is basically an income tax system that runs parallel to the regular income…
What To Do If You Get a Notice From the IRS
Tips for Responding to a Federal Tax Notice Every year, the IRS sends millions of letters and notices to taxpayers for various reasons. There are…
