IRS.com is a privately owned website that is not affiliated with any government agencies.

Taxes and Investments

7 Year-End Tax Tips

During the month of December, consider these year-end tax tips that could save you money when April 15th comes around.1) Give to CharityIf you plan on…


What Is a Tax Levy?

Information About Federal Tax LeviesIf you owe back taxes, the IRS may place a tax levy on your property and/or assets. A tax levy is…


Tax Tips for Retired Persons

Special Tax Considerations for When You RetireMany people believe that once they retire, they will pay less in taxes due to a lower income. While…


Are You Subject to the Alternative Minimum Tax (AMT)?

Learn About AMT Rules & GuidelinesThe Alternative Minimum Tax (AMT) is basically an income tax system that runs parallel to the regular income tax. For…


IRAs and Your Taxes

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 are…


Taxable vs. Non-Taxable Income

What Types of Income Are Subject to Tax?Are you trying to determine whether or not all of your income is taxable? While the IRS considers…


What Is Taxable Income?

Learn the Differences Between Taxable and Non-Taxable IncomeAs many are still recovering from the Great Recession, the idea of having income (or even excess income)…


What happens in your IRA stays in your IRA

Whether your IRA goes up or down, your accountant does not need to know about it during tax season.NEW YORK (MainStreet) — We’ve all heard…