Solutions to Make Better Decisions with Your Money

About Sally Herigstad

Sally Herigstad is a certified public accountant and personal finance columnist and author of Help! I Can't Pay My Bills, Surviving a Financial Crisis (St. Martin's Griffin). She writes regularly at CreditCards.com, Bankrate.com, Interest.com, RedPlum, and MSN Money. She is an experienced speaker and a member of Toastmasters International. Follow Sally on Twitter.

Read These 4 Last-Minute Tax Tips before You File

Read These 4 Last-Minute Tax Tips Before You File - TaxACT Blog

Whether you’re just getting started on your tax return or if it’s almost complete, it pays to take a few minutes to read these last-minute tax tips:

Owe Too Much Tax? 4 Ways to Lower and Pay Your Tax Bill

Owe Too Much Tax? 4 Ways to Lower and Pay Your Tax Bill - TaxACT Blog

For some people, not getting a big income tax refund is a terrible disappointment. The only thing worse is having to pay even a small amount to Uncle Sam at the end of the year. When you finish your taxes and discover you owe a small amount of tax, however, you should consider that you’ve […]

Where’s My Refund? Step-by-Step Timeline of your Tax Refund

Where’s My Refund? Step-by-Step Timeline of your Tax Refund - TaxACT Blog

From the time you prepare and file your tax return, to the day you find your tax refund in your mailbox or your bank account, you’re never alone. Here is a timeline of your tax refund and where you can find help when you need it. Where’s my refund?

4 Ways to Deduct Interest on Your Tax Return

4 Ways to Deduct Interest on Your Tax Return - TaxACT

For many people, home mortgage interest is the most important tax deduction they take. It’s not the only type of interest that can be deducted, however. If you look a little further, you may find other types of interest that can save you money on your tax return. It’s important to know not only what […]

What Are Capital Gains? A Guide to When These Taxes Apply

What Are Capital Gains? - TaxACT Blog

If you sold something – a house, a car, some stock, or even gold or silver coins – you may have a capital gain or loss. When we think of taxable income, most of us primarily think of our earned income, such as wages or self-employment income. We don’t always consider the car we sold […]

6 Things You Should Know About Investing vs. Paying Off Debt

6 Things You Should Know About Investing vs. Paying Off Debt - TaxACT Blog

You know you need to pay off debt. You also need to save for emergencies, education, a house, and retirement. There’s only so much money to go around, however. If you try to pay off 100% of your debt before you start to save, that could take too long. If you try to put money […]

Taxes and the Sharing Economy — Here’s What You Need to Know

Taxes and the Sharing Economy—Here’s What You Need to Know - TaxACT Blog

It’s so easy to make a little cash now. Rent a room on Airbnb. Drive someone around town by Uber or Lyft. Sell used books and DVDs on Amazon, or a piano on eBay™. Tweet this It’s all good – until you get a tax bill you weren’t expecting. Then you get a Form 1099-MISC […]

6 Essential Items Military Families Should Know About Taxes

6 Things Military Families Should Know About Taxes - TaxACT Blog

As a member of the U.S. Armed Forces, you have special situations that may affect your tax return. For instance, you may be able to take special deductions, and not all of your income may be taxable. In addition, you may have different state residency rules. When you use TaxACT as a member of the […]

How the Affordable Care Act May Impact Your 2014 Tax Return

How the Affordable Care Act May Impact Your 2014 Tax Return - TaxACT Blog

The 2014 tax year brings some new changes, thanks to the Affordable Care Act, or ACA. You may need to answer more questions as you prepare your return, and you may have to pay more – or less – tax based on the provisions of the ACA. Here’s how the ACA may affect your 2014 […]

7 FAQs about Form 1095-A — Health Insurance Marketplace Statement

7 FAQs about Form 1095-A — Health Insurance Marketplace Statement - TaxACT Blog

If you bought health insurance through the government health insurance marketplace in 2014, you should receive Form 1095-A in the mail. This January, you could receive a new form, in addition to the usual tax documents that show up in your mailbox. You should expect to receive Form 1095-A by January 31, 2015 if you […]

6 Tips for Organizing Your Tax Information to Make Tax Filing a Breeze

6 Tips for Organizing Your Tax Information - TaxACT Blog

Do you know where your tax forms, receipts and notes are? Use these tips to organize them easily. Maybe you’ve been filing your tax information away neatly in color-coded file folders all year, or scanning and saving them where you can find them in a second. All you need now is your Form W-2 and […]

How to Fill out Form W-4 to Keep More Money in Your Pocket

How to Fill out Form W-4 - TaxACT Blog

One of the smartest things you can do for your personal finances is to make sure you are having the right amount of tax withheld from your paycheck. If you have too much withheld, as most Americans do, you’re not making the best use of your money. If you have too little withheld, you’ll face […]

You Still Have Time to Make Retirement Plan Contributions

Retirement Plan Contributions - TaxACT Blog

If you’ve been planning to put money into a retirement plan for 2014, but it hasn’t quite happened yet, take heart. You still have time. The most convenient way to make retirement plan contributions is throughout the year. If you can have retirement plan contributions deducted from your regular paycheck, it can be quite painless. […]

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