Tools & Forms
Taxable vs. Non-Taxable Income
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/Taxable_vs_Non-Taxable_Income_Explained.mp4"][/video] Generally speaking, the IRS considers almost every type of income under the sun to be taxable income. No surprises there, right?…
Refundable Tax Credits vs. Non-Refundable Tax Credits
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/refund_vs_no_refundable.mp4"][/video] Sometimes credits can be too much, and we mean that in every sense of the word. Thankfully, tax credits offer…
Should You Itemize Your Deductions?
Tax Tips for Claiming Itemizing Deductions vs. the Standard Deduction When you are filing your 1040 tax return, right before you compute your final taxable income, you…
IRS Warning About Tax Scams for 2021
The Annual “Dirty Dozen” Tax Scams List The IRS announced its "Dirty Dozen" list for 2021 with a warning for taxpayers, tax professionals, and financial…
Which Tax Form Should You File?
Federal Tax Returns Have Undergone Several Changes Over the Past Few Years There used to be several different versions of the federal individual income tax…
5 Top Tax Deductions for Individuals
Don’t Miss Out on Deductions That Reduce Your Income Tax Liability One of the best ways to reduce your income tax liability (and possibly increase…
Tax Preparation Tips for Your 2020 Return
Your 2021 Tax Guide for Filing a Return, Paying Taxes, & COVID-Related Tax Relief This past year has brought many changes for individuals, families, and…
What Tax Bracket Am I In?: How To Find Your Income Tax Bracket
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2021/12/Understanding_Your_Tax_Bracket.mp4"][/video] Finding Your Income Tax Bracket, Rate, and Filing Status "What tax bracket am I in?" is probably a question that pops…
