Solutions to Make Better Decisions with Your Money

7 Personal Spending Pitfalls and How to Avoid Them

7 Personal Spending Pitfalls and How to Avoid Them - TaxACT

When it comes to controlling spending, sometimes everything seems to be working against us. There are so many ways to spend money – and so many reasons it’s difficult not to. It’s possible to take control of your spending, however. Many people have done it. Take a look at these personal spending pitfalls and how […]

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 […]

The Secret to Financial Success

Thinking Long Term: The Secret to Financial Success by Sally Herigstad | TaxACT

Do you think about your future? Where you’ll be (want to be) in 5, 10 or 15 years? The biggest secret to financial success – or success in any endeavor – is to think farther ahead than most people do. To illustrate how that works, think about kids growing up. They gradually become able to […]

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 […]