Solutions to Make Better Decisions with Your Taxes and Money

Spring Clean Your Finances and Reach Your Money Goals

As the itch to shake off the winter doldrums sets in, you’re likely ready to jump head first into spring cleaning. But, while you are busy purging closets and cleaning out drawers this spring, it’s important to remember your finances may need a little sprucing as well. With the tax filing deadline past us, this […]

4 Reasons You Should Have an IRA

Contributing to an Individual Retirement Arrangement (IRA) is an excellent way to grow your financial wealth over time. In fact, if you don’t have an IRA, you may be missing out.

6 Ways to Maximize Your 401(k) or IRA Plan Contributions

One of the best presents you can give yourself this year is to maximize contributions to your deductible or nondeductible retirement plan. Whether you’ve been contributing all year or have yet to start, here are a few tips to get the most from tax advantaged retirement plans.

4 Ways to Lower Your Taxes Before the New Year

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, now is a great time to make small adjustments that […]

The College Conversation Every Parent Must Have With Their Kids — Your Complete Guide

Is a 401(K) Really the Right Way to Save for Retirement?

The 401(k) retirement plan, first popularized in the 1980s, is an excellent way to put aside money for retirement. Like other retirement plans — traditional IRA or Roth IRA — a 401(k) invests your money in a customized mix of individual stocks, money-market funds and bonds to maximize your return. But which type of retirement […]

Set Your Own Financial Limits (And Stick to Them) – TaxAct Blog

Many money guidelines are helpful tools, but generic personal finance advice can end up hurting your wallet. For obvious reasons, your budgeting strategy needs to be tailored to your specific financial goals. Tips to help divide your budget into specific spending categories can help get you started, but it’s often easier said than done. For example, what […]

10 Job-Related Tax Benefits That Could Save You Some Serious Money

There’s more to a good job than a steady paycheck. Full-time employment can earn you all sorts of perks — from employer-sponsored health insurance to generous deductions on your tax return. Here are 10 job-related tax benefits that could save you some serious money.

Investing vs. Paying Off Deb: 6 Rules to Follow

You know you need to pay off debt. But you also know you need to save for emergencies, education, a house and retirement. There’s only so much money to go around, however. And, if you try to pay off 100 percent of your debt before you start to save, that could a really long time. […]