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 […]
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.
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 […]
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 […]