Solutions to Make Better Decisions with Your Taxes and Money

New Affordable Care Act tax scam: what you need to know

New ACA tax scam: what you need to know

Every year scam artists devise new schemes to defraud millions of people.  In recent years, it seems one of the most popular systems to target is the IRS.

Unfortunately, fraudsters are at it once again – posing as the IRS in an attempt to steal taxpayers’ hard-earned money.

To keep your bank account and private information safe, here’s what you need to know about the latest Affordable Care Act (ACA) tax scam.

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4 Ways to Lower Your Taxes Before the New Year

20160906_refundsdelayed_blog

It’s easy to only think of taxes during tax season. However, anyone who is financially savvy knows making changes throughout the year can give you the best chance to make a difference in your tax bill. With more than a quarter of the year left, … [Continue reading]

Refunds delayed for some early filers this tax season

Refunds delayed for some early filers this tax season - TaxAct Blog

Are you among the many Americans who file your taxes early so you can get your refund sooner? If you claim the Earned Income Tax Credit (EITC) or Additional Child Tax Credit (ACTC) and expect to receive a refund, you’ll have to wait until after … [Continue reading]

The playbook for fantasy football and your taxes

The playbook for fantasy football and your taxes – TaxAct Blog

Week one of the 2016 NFL season officially kicked off this past Sunday, but preparation for game day started quite a while ago. And I’m not just talking about those who strap on a helmet and rush the field each week. I’m talking about the millions … [Continue reading]

Back to school: a tax break for teachers

tax breaks for teachers

Teachers are always on the hunt for creative ways to enhance their students’ learning experience. Unfortunately, tight school budgets stifle many of those efforts, and educators are often forced to dive into their own pockets to purchase … [Continue reading]

Tax facts for members of the Sharing Economy, including Uber and Lyft drivers

Tax facts for Uber and Lyft Drivers – TaxAct Blog

The business of sharing your car with a total stranger or using it to run various errands is becoming a multi-billion dollar marketplace and many people are taking advantage of this new-age way to earn a buck. In fact, between 2012 and 2015, 10.3 … [Continue reading]

Are political contributions tax deductible?

Are political contributions tax deductible? - TaxAct Blog

As this year’s presidential election season hums along, campaign contribution totals have well exceeded 800 million dollars – and they continue to rise. With this level of fundraising, one question is sure to come to mind – are political … [Continue reading]

Top Money-Saving Tips for College Graduates

Top Money-Saving Tips for College Graduates - TaxAct Blog

A few months ago the thought of walking across that commencement stage may have left you feeling anxious with anticipation over the prospect of leaving your protected college bubble. And now, as you’re quickly becoming acclimated with the “real … [Continue reading]

Cheap Summer Activities for Adults and Families

Cheap Summer Activities for Adults and Families - TaxAct Blog

Summer is the season of doing. Household projects, vacations, exercise and all varieties of entertainment tend to take center stage from June to August. But, how do you pay for it all? Short of taking out a loan, you may need to cut some expenses … [Continue reading]