[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/Federal_Standard_Deduction_Explained.mp4"][/video] Unlike itemizing deductions, which lets you pick and choose which expenses get deducted from your taxable income, the standard deduction is…
Tips for Claiming Miscellaneous Deductions on Your Income Tax Return Itemizing your deductions (as opposed to claiming the standard deduction) means that you may…
Learn How the New Health Care Law Impacts Your Taxes Beginning in 2014, the Individual Shared Responsibility provision of the Affordable Care Act takes…
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2021/12/Tax_Extension_Guide_2023.mp4"][/video] Spring has arrived and April 15 will be here before we know it, but many of us won’t be ready to…
Tax Information for Individual Retirement Arrangements (IRAs) Saving for your retirement through individual retirement accounts (IRAs) can have a significant impact on your taxes. IRAs…