IRS.com is not affiliated with any government agencies

Tax Strategies

The Child Tax Credit

A Tax Break for People Who Have a Qualifying Child One of the most valuable and popular federal tax credits is the Child Tax Credit. For tax…


6 Tips to Help You Avoid an IRS Tax Audit

Although the IRS only audits about 1.1% of the over 140 million returns it receives each year, for those people who do receive an audit…


Tax Deductions for Medical Expenses

Medical expenses, especially if they are unexpected, can take a bite out of your savings. However, you may be able to find some tax relief…


Understanding the Standard Deduction

How the Standard Deduction Can Reduce Your Federal Tax Bill   It’s the age-old question: Should you take the standard deduction, or should you itemize…


Top 10 Tax Tips If You Sold Your Home in 2023

Have you heard of this? You might not have to pay taxes on the gain if you sell your home and make a profit. Yes,…


Where To Go If You Need Tax Help

Know Your Options for Tax Preparation Assistance Are you looking for an expert to help you with your income tax return? When it comes to…


7 Facts About Miscellaneous Deductions

Tips for Claiming Miscellaneous Deductions on Your Income Tax Return   Itemizing your deductions (as opposed to claiming the standard deduction) means that you may…


Tax Tips for the Affordable Care Act (ACA)

Learn How the New Health Care Law Impacts Your Taxes   Beginning in 2014, the Individual Shared Responsibility provision of the Affordable Care Act takes…