Tax Information for Individual Retirement Arrangements (IRAs) Saving for your retirement through individual retirement accounts (IRAs) can have a significant impact on your taxes. IRAs…
Learn the Differences Between Taxable and Non-Taxable Income As many are still recovering from the Great Recession, the idea of having income (or even…
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/Understanding_Windfall_Tax_Impacts.mp4"][/video] The windfall tax is deceptively simple. When you receive a windfall — whether it’s an inheritance from a relative, winnings…