Personal Finance and Tax Tips You Can Actually Use. It’s how we ACT.
TaxACT’s Weekly Favorites: May 17, 2013 Where The Mortgage Deduction Really Pays via CNN Money The mortgage interest deduction is one of the most expensive tax breaks on the books, but its benefits are distributed unevenly across the country, according to a new report by the Pew Charitable Trusts. Continue reading… Family Loans: Does The IRS [...]
Weekly Favorites: May 10, 2013 Online Sales Tax closer via Bankrate Collection of sales tax on all online purchases is halfway done. On May 6, the Senate passed the Marketplace Fairness Act, which would force online retailers nationwide to collect sales tax on purchases based on the rates in the buyer’s home city, county and [...]
Weekly Favorites: May 3, 2013 Homeowner Tax Breaks Seem Safe via Bankrate Homeownership is one of the best, and biggest, tax breaks out there. You can deduct mortgage interest, property taxes, even make changes to your home that could help reduce any possible future tax bill. After a Ways and Means committee hearing April 25, [...]
Weekly Favorites: April 26, 2013 How To Survive A Tax Audit via CNN Money Tax season has finally wrapped up, but audit season is just about to begin. The chances of being dealt an audit are low — about one in 100. But if you happen to be selected, you can take certain steps to make the [...]
Weekly Favorites: April 12, 2013 3 (Good) Ways to Teach Kids About Taxes via LearnVest Nobody enjoys paying taxes, but next time you’re out with your kids and you encounter a fire truck rushing to the rescue, point it out to your children and say, Look! There goes our tax money being used to help [...]
Weekly Favorites: April 5, 2013 Investment Spending: How to Spend Tax Refunds and Unexpected Checks via Ellie Kay The biggest question most Americans have when they get their income tax refund is: where do I spend it? I believe that you can make a wise choice on how to use your tax refund that will [...]
Weekly Favorites: March 29, 2013 Don’t Fall for These Dirty Dozen Tax Scams of 2013 via Don’t Mess With Taxes It’s tax-filing season, so you know what that means. It’s also peak tax scam season. In addition to collecting Americans’ tax returns (and money) this time of year, the Internal Revenue Service also keeps an eye [...]
