Solutions to Make Better Decisions with Your Money

5 Quick and Easy Budgeting Tips to Finance Your Lower Paycheck

5 Quick and Easy Budgeting Tips to Finance Your Lower Paycheck - TaxACT

Elimination of the payroll tax credit that went into effect on January 1, 2013 has more than likely affected your take-home pay. For most Americans, it’s to the tune of about 2%. The payroll tax credit for 2011 and 2012 effectively replaced the Making Work Pay Credit that expired in 2010. If you don’t think […]

To Itemize or Not to Itemize: 4 Questions to Ask Yourself

To Itemize or Not to Itemize: 4 Questions to Ask Yourself - TaxACT

Have you ever itemized your tax deductions? In 2009, almost two-thirds of tax filers claimed the standard deduction, which for married couples filing jointly, was $11,400. Those who itemized in that category, however, averaged a whopping $32,000 in deductions. While you may not personally enjoy an increase that large, it’s worth investigating. To itemize your […]