Solutions to Make Better Decisions with Your Money

Weekly Favorites: Taxes From A To Z (2014): B Is For Basis, and more

TaxACT Weekly Favorites - 3/7/2014

TaxACT Weekly Favorites:  March 7, 2014 7 Tricky Tax Return Questions—Answered! via Bottom Line Publications Each new year brings tricky changes in the tax code, creating confusion when it comes time to fill out tax forms and do tax planning. Last year’s soaring stock prices and rising real estate values could further complicate these tasks […]

You Got This Weekly Series: Do I Have to Pay Capital Gains Tax on the Sale of My Home?

You Got This - TaxACT

Each week we will answer one of the most frequently asked questions on Facebook, Twitter and TaxACT’s Blog in the “You Got This” Weekly Series. Question: I have used TaxACT for five years and prepaid for 2013 taxes. I live on a fixed income (Social Security/Disability) and had to sell my home or it would have been foreclosed on. I did […]

Weekly Favorites: Beware These 5 Terrible Tax Surprises, and more

TaxACT Weekly Favorites

TaxACT Weekly Favorites:  February 28, 2014 Beware These 5 Terrible Tax Surprises via Bankrate You’ve always followed the sage advice of the late singer-songwriter Jim Croce: You don’t tug on Superman’s cape, you don’t spit into the wind, and you don’t try to pull a fast one on the Internal Revenue Service. OK, maybe that last […]

You Got This Weekly Series: Can I Write-Off Dental Payments?

You Got This - TaxACT

Each week we will answer one of the most frequently asked questions on Facebook, Twitter and TaxACT’s Blog in the “You Got This” Weekly Series. Question: Can I use dental payments as a tax write-off and how much would I have to pay in for this to make a difference? Susie via Facebook

You Got This Weekly Series: Will I Get a Tax Refund This Year?

You Got This - TaxACT

Each week we will answer one of the most frequently asked questions on Facebook, Twitter and TaxACT’s Blog in the “You Got This” Weekly Series. Question: I worked part-time all year and I also collected unemployment. I get $100 each week for unemployment and $180 each month for my part-time job. I have two dependents […]

Weekly Favorites: IRS Takes a Bite Out of U.S. Olympic Medalists’ Winnings, and more

TaxACT Weekly Favorites

TaxACT Weekly Favorites:  February 14, 2014 The Pros and Cons of Tax Refunds By Kay Bell Here’s a quick look at some pros and cons of having Uncle Sam hold onto your money for months and then getting it back in a lump sum when the Internal Revenue Service gets around to it. Continue reading… Understanding […]

Our Top Ten Most Read Blog Posts of 2013

Top Ten Post

From the very first post in 2013 (The Difference Between Form 1040, 1040A and 1040EZ) to the most recent (Persisting Myths About Health Care Reform), the TaxACT blog has touched a wide variety of topics. Though with varying topics, they all point back to one consistent theme; providing personal finance and tax tips you can actually […]

IRS Accepting 2013 Returns Beginning January 31, 2014

IRS Accepting 2013 Returns Beginning January 31, 2014 - TaxACT

The IRS announced they will begin processing individual income tax returns starting on January 31, 2014. That doesn’t mean you need to wait. TaxACT is now accepting e-filed tax returns! Here are 4 tips for getting your guaranteed max refund fast with TaxACT:

10 Year-End Tax Tips to Maximize Your 2013 Refund

10 Year End Tax Tips - TaxACT

Although the year is winding down, there’s still time to maximize your 2013 refund. Here are 10 tips for saving more on your taxes before December 31: 10. Drain your Flexible Spending Account (FSA). If you still have money left in your FSA, don’t let it go to waste. Check with your employer to verify […]

Weekly Favorites: Year-end Tax Tips For Retirees and Preretirees, and more

Weekly Favorites November 22, 2013 TaxACT

TaxACT Weekly Favorites:  November 22, 2013 Year-End Investment Tax Issues via Kay Bell – Bankrate Portfolios get a lot of attention as year-end approaches. It’s even more intense now that the Dow is flirting with 16,000. Regardless of which way the stock market is heading, the end of the year is a perfect time to […]

Weekly Favorites: With stock market soaring, your 401(k) may need a tune-up, plus more

TaxACT Weekly Favorites: November 15, 2013

TaxACT Weekly Favorites:  November 15, 2013 With stock market soaring, your 401(k) may need a tune-up via Mark Miller Stocks are in record territory, which probably is great news for your 401(k). Fidelity Investments reported Thursday that average account balances hit a new high in the third quarter, propelled mainly by surging equities markets. Continue […]

Weekly Favorites: Your November Financial To-Dos, plus more

Weekly Favorites November 8 2013 - TaxACT

TaxACT Weekly Favorites:  November 8, 2013 Your November Financial To-Dos via LearnVest The holidays, end-of-year tax planning, winter travel … for many of us, this will be the busiest season of the year. All the more reason to make sure your finances are in good shape through the next few weeks. Who wants to worry […]

Weekly Favorites: The Big Capital Gains Tax Mistake Homeowners Make, plus more

Weekly Favorites October 25, 2013 - TaxACT

TaxACT Weekly Favorites:  November 1, 2013 Losing Your Identity In Five Easy Steps. Step One: Go To The Doctor. via Kelly Phillips Erb – Forbes I had just been transferred to radiology when I found myself in front of yet another receptionist with a computer. She cheerfully entered most of my information and then asked […]