Solutions to Make Better Decisions with Your Money

Why Your Credit Report Matters When It Comes to Your Home and Auto Insurance

Why Your Credit Report Matters When It Comes to Your Home and Auto Insurance - TaxACT

It's no secret that your credit report plays a big role in how much you pay for your car or home. The better your credit score, the lower the interest rate on your mortgage or car loan and the lower your payments. That makes sense. But did you … [Continue reading]

CEO Mom: What a Mom’s Time is Really Worth

CEO-Mom-What-A-Moms-Time-is-Really-Worth

Do you consider yourself a working mom? When I married my husband we had five babies in seven years and moved 11 times in 13 years. I left a nice job as a broker to have a more rewarding career as a SAHM (stay at home mom). One of the questions … [Continue reading]

How Staying in Shape Directly Impacts Your Wallet

How Staying in Shape Directly Impacts Your Wallet - TaxACT

As the weather finally begins to warm up and the layers of clothes decrease, people anxiously throw on their gym shoes or do a few crunches before bed. Who hasn’t seen dozens of magazine covers proclaiming a quick way to get your body “beach … [Continue reading]

9 Ways to Use Your Tax Refund to Get Ahead

9 Ways to Use Your Tax Refund to Get Ahead - TaxACT

Your taxes are done, and let's hope you're getting a refund. Now the big question is: What's the best use of your tax refund? Being the savvy money manager you are, you're looking for ways that your tax windfall can help you get ahead. You may … [Continue reading]

Becoming Smarter About Money Doesn’t Have to be Boring

Becoming Smarter About Money Doesn’t Have to be Boring - TaxACT

Money isn’t the root of all evil. That title truly belongs to ignorance. Ignorance can leave intelligent people crippled with fear about what to do with their savings account or prevent them from understanding how to properly use/utilize credit … [Continue reading]

5 Reasons You Overspend—And How to Avoid Them

5 Reasons You Overspend—And How to Avoid Them - TaxACT

Have you ever checked your bank balance partway through the month and wondered where all your money went? Spending as much money (or more) than you make each month won't lead to long-term financial security, but many people do it. If you … [Continue reading]

Miss the Deadline to Purchase Health Insurance? Maybe Not!

Miss the deadline to purchase health insurance? Maybe not! - TaxACT

April 15th marked the no-kidding-around end of the first open enrollment period for signing up for a new health care plan via the Affordable Care Act (ACA). The Obama administration (and several states) extended two weeks of wiggle room to those … [Continue reading]

Filed an Extension? What to Do Now

Filed an Extension? What to Do Now - TaxACT

April 15 has come and gone. If you didn't quite finish your tax return, you should have filed Form 4868, Application for Automatic Extension of Time to File, to the IRS. This automatic extension gives you another six months to file your tax return … [Continue reading]

Track Your Charitable Donations to Save You Money at Tax Time

Track Your Charitable Donations to Save You Money at Tax Time

To view the Donation Assistant by TaxACT infographic, click here. Making charitable donations makes a difference to those in need and can save you money at tax time. Donation Assistant by TaxACT is a free mobile app that helps track goods and … [Continue reading]

5 Last-Minute Tips for Beating the April 15 Tax Filing Deadline

5 Last-Minute Tips for Beating the April 15 Tax Filing Deadline

Ideally, we'd all keep perfect records all year long. By January 31, our tax documents would be in order and we'd start working on taxes with weeks or months to spare. In the real world, it doesn't work that way. We get busy and next thing we … [Continue reading]

4 Frequently Asked TaxACT TaxPayer Support Questions

4 Frequently Asked TaxACT TaxPayer Support Questions

How do I amend my federal return? First, be sure to PRINT a copy of the original return that you filed (this will be your only record of the return as it was when you filed it once you make the corrections for the amendment). Next, you’ll need to … [Continue reading]

5 Ways to Use Your Tax Refund

5 Ways to Use Your Tax Refund - TaxACT

Are you expecting a tax refund this year? You're in good company, as millions of Americans are in the same boat. As of early March, the IRS reported an average tax refund of just over $3,000, up three percent compared to the average refund at the … [Continue reading]

7 Common Questions about Cost Basis

7 Common Questions about Cost Basis - TaxACT

What is cost basis, and how do you go about finding it? You're making great progress on your tax return, when suddenly you need to enter something called a "cost basis" for an asset. If only that were as simple as remembering what you paid for the … [Continue reading]