Tax Credits
Is Social Security Disability Income Taxable by the IRS?
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/Understanding_SSDI_Tax_Implications.mp4"][/video] Social Security Disability Income (SSDI) provides crucial financial support to people unable to work due to a disability. While the benefits…
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…
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…
Understanding The EITC: Who Gets Earned Income Credit?
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/EITC_Eligibility_Explained.mp4"][/video] For taxpayers who are low- to moderate income workers, the earned income tax credit (EITC) can be a highly valuable…
Claiming Dependents On Taxes: A Complete Guide
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2021/12/Tax_Benefits_of_Claiming_Dependents.mp4"][/video] What is Claiming Dependents on Taxes? For tax purposes, a dependent is anyone who relies on you for financial support and…
Earned Income Tax Credit (EITC): How To Qualify & File
Overview of the Earned Income Tax Credit (EITC) The Earned Income Tax Credit (EITC), also known as the Earned Income Credit (EIC), was established in…
IRS Code 766: What it Means on Your Transcript
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/Understanding_IRS_Code_766.mp4"][/video] Taxes and good news seldom come together, but that doesn’t mean it never happens. Case in point, you might one day…
How To Qualify for the $4000 Used EV Tax Credit
It's easy being green, especially when you get a tax credit for it. The time has come for you to buy a new vehicle, at…
