Solutions to Make Better Decisions with Your Taxes and Money

New Affordable Care Act tax scam: what you need to know

Every year scam artists devise new schemes to defraud millions of people.  In recent years, it seems one of the most popular systems to target is the IRS. Unfortunately, fraudsters are at it once again – posing as the IRS in an attempt to steal taxpayers’ hard-earned money. To keep your bank account and private […]

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 playbook for fantasy football and your taxes

Week one of the 2016 NFL season officially kicked off this past Sunday, but preparation for game day started quite a while ago. And I’m not just talking about those who strap on a helmet and rush the field each week. I’m talking about the millions of Americans who spent the past month relentlessly mulling […]

Are political contributions tax deductible?

As this year’s presidential election season hums along, campaign contribution totals have well exceeded 800 million dollars – and they continue to rise. With this level of fundraising, one question is sure to come to mind – are political contributions tax deductible? The short answer? No.

6 Tax Moves to Make Before the Summer’s Over

Summertime – the days of sun-kissed skin, juicy slices of watermelon and flip-flops. The last thing you probably want to think about are your taxes. However, the summer months are actually the perfect time to do a mid-year checkup. So, in-between firing up the grill, splashing in the pool and taking family vacations, set aside […]

How Doing Your Own Taxes Makes You Smarter about Your Finances

As part of the TaxACT #DIYtaxes blog tour, personal finance bloggers and experts from around the web share stories and tips about doing your own taxes and how it makes you smarter about the overall health of your finances. Check out the stops made on the tour.

Weekly Favorites: Are Americans fleeing due to taxes? and more.

TaxACT Weekly Favorites:  September 27, 2013 Are Americans fleeing due to taxes? via Kay Bell (Bankrate) The State Department estimates that 7.6 million people no longer call the United States home. And while U.S. statisticians don’t track why people relocate, it’s a safe bet that lots of the moves are because of taxes. Continue reading… How the New […]

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

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 […]