Tax Deductions
IRS Pub 596: What You Need To Know About
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/596.mp4"][/video] Are you looking for an easy way to file your taxes? If so, IRS Pub 596 is the publication for you!…
Can I Claim my Adult Child as a Dependent?
Parents who have adult children who still depend on them financially may wonder if they can claim them as dependents on their tax returns. In…
2022 Federal Income Tax Brackets, Rates, & Standard Deductions
What are tax brackets? The United States has what is called a progressive income tax system, meaning the greater your income, the more you pay.…
Tax Preparation Tips for Filing Your 2021 Return in 2022
Get Ready to File Your 2021 Federal Tax Return By April 18, 2022 The 2022 tax filing season us coming up, so it’s time to…
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…
The Standard Tax Deduction: 6 Key Points To Know
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2021/12/Understanding_Standard_Tax_Deductions.mp4"][/video] Claim the Standard Tax Deduction on Your 1040 Return to Lower Your Income Tax Liability Are you going to take the…
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…
