Tax Strategies
Tax Benefits of Marriage: How Tying the Knot Can Lower Your Tax Bill
The Tax Advantages of Marriage Marriage is often viewed as a romantic and personal milestone, but it also comes with financial implications—especially when it comes…
Depreciation Recapture: What It Is and How It Affects Your Taxes
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/04/Mastering_Depreciation_Strategies1.mp4"][/video] What Is Depreciation Recapture? When you own property or assets used for business or income-generating purposes, you can claim depreciation on…
Are Home Repairs Tax Deductible? A Complete Guide for U.S. Homeowners
Are Home Repairs Tax Deductible? [video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/04/Home_Repair_Tax_Deductions_Explained.mp4"][/video] If you’re a homeowner, you’ve probably wondered: Are home repairs tax deductible? Also, whether the money…
Your 401(k) Tax Benefits
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/Understanding_401_k_Tax_Benefits.mp4"][/video] By taking advantage of your 401(k) tax benefits, you’re not only helping yourself to build a more financially secure future, but…
Are Political Donations Tax Deductible?
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/Untitled_video.mp4"][/video] Election season brings out the patriot in all of us, but while you might want to support your candidate, party, or…
Should I Hire a CPA? What You Should Know
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/Hiring_a_CPA_Key_Considerations.mp4"][/video] CPA’s can definitely help you file your taxes, but that’s really not taking full advantage of what they can offer; hiring…
How Long to Keep Your Tax Forms
If you’re like most Americans, then the fact that you’re keeping your old tax forms is incidental because they’re just a part of the towering…
About Paying Taxes on Your Winnings From Gambling
Gambling winnings are fully taxable and must be reported on your tax return. However, there are a few key differences on how you might have…
