Solutions to Make Better Decisions with Your Money

Money-Saving Tips for Wedding Season (When You’re the Guest)

Money-Saving Tips for Wedding Guests - TaxACT Blog

Receiving wedding invitations is exciting – the first two or three times. (Other than bills, it’s really the only way you receive snail mail anymore).

But once you get four (or more!) wedding invites per season, the financial burden starts to add up. With multiple weddings in a short period of time come numerous expenses.

It can feel like a crushing weight as you add up all of the costs and look at how those factor into your money goals for the year.

And now some good news.

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ACA Advance Premium Tax Credits Continue

ACA Advance Premium Tax Credits Continue - TaxACT Blog

On Thursday, June 25, 2015, the Supreme Court ruled in favor of tax subsidies for qualified taxpayers who purchase insurance through federally-run exchanges. In short, advance premium tax credits will continue. This is good news for millions of … [Continue reading]

6 Ways to Deal with High Medical Bills

6 Ways to Deal with High Medical Bills - TaxACT Blog

If you have high medical bills, it can be hard to know where to turn. Medical bills usually show up when people are least equipped to deal with them – when they or a member of their family is sick or injured. They may even be off work due to … [Continue reading]

6 Tips for Planning Next Year’s Taxes Now

6 Tips for Planning Next Year’s Taxes Now - TaxACT Blog

Smart taxpayers plan their tax year. They don’t wait until the year is over, and then prepare their taxes and see how much damage was done. The farther ahead you look to plan your tax situation, the better your chances of significantly reducing … [Continue reading]

Owe Taxes This Year? Here Are 5 Ways to Lower Next Year’s Tax Bill

Owe Taxes This Year? Here Are 5 Ways to Lower Next Year’s Tax Bill - TaxACT Blog

You’ve finished your taxes. You may have expected a refund, or maybe you knew you’d have taxes to pay when you filed your return. Either way, writing more than a small check to the Internal Revenue Service is an experience you’d rather not … [Continue reading]

3 Hacks to Pay down Student Loan Debt Faster and with Less Interest

3 Hacks to Pay down Student Loan Debt Faster and with Less Interest - TaxACT Blog

A few years ago a co-worker of mine suddenly proclaimed, “Well that can’t be right!” Naturally assuming she meant something to do with work, a few of us turned around and inquired what she was talking about. “I just did the math and I think that … [Continue reading]

5 Shortcuts to Creating a Budget That Sticks

5 Shortcuts to Creating a Budget That Sticks - TaxACT Blog

We know we need budgets. They’re absolutely essential to good management of our finances. Creating a budget is also the last thing most of us want to do. We may have no idea where to start. The idea of budgeting sounds like the stuff of ledger … [Continue reading]

Financial Advice All High School and College Graduates Must Know

Financial Advice All Recent Graduates Must Know

Graduation is a thrilling and terrifying time for high school and college graduates alike. Even with four significant years separating those monumental moments, five basic pieces of financial wisdom hold true for both sets of … [Continue reading]

10 Things to Consider Before Buying Your First Home

10 Things to Consider Before Buying Your First Home - TaxACT Blog

For most individuals and families, buying a home represents the biggest purchase they will ever make. While buying a house can be a terrific investment, it should be done with great prudence, planning and comparison shopping. When is the best … [Continue reading]

10 Smart Tips for Repaying Student Loans

10 Smart Tips for Repaying Student Loans - TaxACT Blog

With the cost of college increasing every year, tens of millions of students rely on loans to cover the rising expense of tuition, fees, books, and room and board. The average 2014 college graduate has $33,000 in student loan debt, more than any … [Continue reading]

The College Conversation Every Parent Must Have With Their Kids — Your Complete Guide

The Tough College Conversation Every Parent Must Have With Their Kids - TaxACT

One of the reasons parents put off critical conversations, in this case the tough college conversation, is because they feel the conversations may jeopardize the relationship. That’s why the “how” of the chat is essential. When I discuss hard … [Continue reading]

Small Business Week — 7 Strategies for Saving and Tax Planning

Small Business Week - TaxACT Blog

National Small Business Week Edition. National Small Business Week, organized by the Small Business Administration, recognizes the contributions of entrepreneurs and small business owners across the nation for the critical impact they have on … [Continue reading]

How to Start a Side Hustle and Stop Stressing about Saving

How to Start a Side Hustle and Stop Stressing about Saving - TaxACT Blog

Pay yourself first. Set financial goals. Automate your savings. It doesn’t matter which version of this personal finance mantra you’ve heard, it all means the same thing: saving money is an important part of your financial health. But with the … [Continue reading]