IRS.com is not affiliated with any government agencies

Tax Strategies

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…


If You Have No Income Can You Get a Tax Refund?

[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/Tax_Refunds_Without_Income_Explained.mp4"][/video]   Believe it or not, you can qualify for a tax refund and actually receive it even if you have no…


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…


Updated Tax Extension Deadline for US Citizens Abroad

The IRS recently reported the guidelines and instructions on when and how to file if you were living or working abroad. Here is an outline…