Tax Relief
Can I Roll My Taxes into Next Year?: A Last Resort For Tax Debt
When tax season rolls around and the numbers don’t quite work in your favor, it’s natural to start asking questions like, can I roll my…
Tax Benefits for Buying a Car
Buying a car can come with some surprising tax perks, depending on how and why you purchase it. This article covers the tax benefits of…
The Tax Penalty for No Health Insurance
Health insurance is an essential aspect of financial and medical security for many Americans. However, for those who choose to go without health insurance, there…
Energy Efficient Home Improvement Credit
With rising energy costs and growing environmental concerns, many homeowners are looking for ways to improve their homes' energy efficiency. The Energy Efficient Home Improvement…
What is the Fresh Start Program And How Can it Benefit You?
The Fresh Start Program is an initiative by the Internal Revenue Service (IRS) designed to help taxpayers struggling with unpaid taxes. Originally launched in 2011…
Can I Claim My Girlfriend as a Dependent?
When tax season rolls around, many people start looking for ways to maximize their deductions and reduce their taxable income. One common question that comes…
Depreciation Recapture: What It Is and How It Affects Your Taxes
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/04/Mastering_Depreciation_Strategies1.mp4"][/video] What Is Depreciation Recapture? When you own property or assets used for business or income-generating purposes, you can claim depreciation on…
Your 401(k) Tax Benefits
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/Understanding_401_k_Tax_Benefits.mp4"][/video] By taking advantage of your 401(k) tax benefits, you’re not only helping yourself to build a more financially secure future, but…
