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Paying Taxes

Is Social Security Taxed After Age 70?

[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/Social_Security_Tax_Myths_Explained.mp4"][/video] Is social security taxed after age 70? In life there are many myths that people keep believing despite them having no…


Powerball After Taxes: How Much Will The IRS Take?

[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/powerball.mp4"][/video]   You know how it goes, one person becomes a millionaire overnight, and the rest of America turns into financial analysts.…


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…


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…


How Do I Pay Estimated Tax Payments to the IRS?

 Paying the IRS isn’t fun, but unfortunately it is something we all have to do, and especially around tax season. The good news is…


How Do Taxes on Gambling Winnings Work?

Gambling activities can be thrilling and potentially lucrative, but it's important to understand the implications of taxes on gambling winnings. By staying informed, you can…