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What Is Taxable Income?
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2021/12/Understanding_Taxable_Income_Guide.mp4"][/video] As you know, U.S. citizens are subject to taxes based on their annual income. There are, however, distinct definitions of...
How Do I File Back Tax Returns?
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/Filing_Back_Taxes_Made_Easy.mp4"][/video] Let’s say you didn’t file your tax return for a year (or a couple of years, maybe even three). The...
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...
What Happens If You Don’t File Taxes?
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/Consequences_of_Not_Filing_Taxes.mp4"][/video] Failure to file your taxes, or filing them late even if you get a tax extension, can bring about bothersome and...
Is It Worth Claiming Medical Expenses On Taxes?
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/Claiming_Medical_Expenses_Explained.mp4"][/video] Is it worth claiming medical expenses on your taxes? Well, for most Americans, medical expenses take up a big chunk of...
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....
Understanding The EITC: Who Gets Earned Income Credit?
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/EITC_Eligibility_Explained.mp4"][/video] For taxpayers who are low- to moderate income workers, the earned income tax credit (EITC) can be a highly valuable...
Short-Term Capital Gains Tax: A Quick Guide
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2021/12/Understanding_Short-Term_Capital_Gains.mp4"][/video] A Quick Guide To The Short-Term Capital Gains Tax Capital gains taxes apply in different ways to different types of profits...
