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How Are Bonuses Taxed? A Quick Explanation
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2021/12/Understanding_Bonus_Taxation.mp4"][/video] How are bonuses taxed? It's a valid question since, after a year’s worth of hard work helping your company meet…
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…
How To Know What Tax Rate To Use In Your Return
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2024/12/tax-rate-return.mp4"][/video] With different brackets, deductions, and credits to consider, it’s easy to feel overwhelmed. But don't worry, you'll find everything you need…
Irs Code 971: What the Notice Means & How to Respond
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/Understanding_IRS_Code_971.mp4"][/video] A big part of the work that the IRS does is cross-checking information. As you can imagine, that means they’ll often…
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…
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…
