Solutions to Make Better Decisions with Your Taxes and Money

How to Avoid Owing Money to the IRS

How to Avoid Owing Money to the IRS - TaxACT

Are you wondering why you owe so much in taxes this year? Want to make sure you never owe a big tax bill – or any bill at all – when you file your income taxes? Judging by the amount the average American has over withheld from his or her pay, we’re scared to death […]

Long-Term Capital Gains: How Much Tax Will I Owe?

Long-Term Capital Gains: How Much Tax Will I Owe?

Did you sell a house, some investments, or even a car this year that you may need to report as the sale of a capital asset? If you sold an asset, possibly at a profit, you’ll generally pay less tax on the gain than you would pay on ordinary income, such as wages. You must […]

Payroll Tax Cut: How to Bump Your Take-Home Pay Back Up

Payroll Tax Cut Heres How to Help

Are you feeling the pain from your reduced paycheck as of the beginning of the year? When the temporary payroll tax deduction ended in December, our social security tax deductions went back up to 6.2% of our gross pay. It was only 4.2% when the temporary reduction was in effect. 2% more of your pay […]

Weekly Favorites: 5 Tips for First Time Filers, Steps to Become Debt Free, Organize Tax Records Now

Weekly Favorites: February 1, 2013 by TaxACT

Weekly Favorites: February 1, 2013 5 Tips for Filing Your Taxes for the First Time by TaxACT Are you feeling a bit overwhelmed about the whole process? Filing a tax return for the first time can be intimidating. Here are 5 tips to help you through the process. Continue reading… 10 Steps to Become Debt […]

TaxAct Ready Regardless of Tax Law Changes


TaxAct is Prepared Regardless of what tax laws change and when, TaxAct is ready to guide you so you can file and get your guaranteed maximum IRS refund the fastest way possible. TaxAct has dealt with similar delays in the past, and we’ve been working with the IRS to prepare for this year’s delayed legislation. […]

The Best Gifts Don’t Come With Price Tags


The best gifts don’t come with price tags and they don’t require batteries. A class of 2nd graders received the exact toys they listed on their Christmas list to Santa—except for one little girl who didn’t ask for a single toy. She only asked for one thing, to see her father who has been in […]

I’m Married, What Filing Status Should I Choose?

Going to the Chapel of Love and Filing Taxes

Did this year take you down an aisle saying “I Do”? Did you think about how you are going to file your income taxes while walking down the aisle? Probably not (in fact, I sure hope not). But now you may be wondering what the advantages and disadvantages are for the specific filing options the […]