Solutions to Make Better Decisions with Your Taxes and Money

Tax Cuts and Job Act Tax Reform Calculator

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Tax Cuts & Job Acts Tax Reform Calculator

At the beginning of November, the House Republican leaders released their version of the tax reform bill called Tax Cuts and Jobs Act. Estimate how those proposed changes could impact your tax situation using the Tax Cuts and Job Acts Tax Reform Calculator.

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Are Expense Reimbursements Considered Taxable Income?

Man receiving his reimbursements from his employer.

The IRS considers some employee benefits to be taxable income. But, do employee expense reimbursements fall into that category? … [Continue reading]

Five self-employed IRS tax forms for 2017

Man looking at the top self-employed tax forms.

If you're even a moderately successful freelancer, you likely know you have to file a tax return and pay taxes on your income. But, which tax forms do you need to file? … [Continue reading]

Top 9 IRS Tax Forms You Need to Know

Top IRS forms laid out on a table.

If you're like most people who have to file annual tax returns, there's a dizzying array of forms. Here are nine of the top Internal Revenue Service (IRS) tax forms you might need to know about. … [Continue reading]

The Guide to Renewing Your ITIN in 2017

From social security and drivers license numbers to employee identification and passport numbers, a variety of digits and letters identify people who live in the U.S. And when it comes to abiding by the U.S. federal tax laws, some individuals also … [Continue reading]

Are Your Quarterly Estimated Tax Payments Correct?

Man reviewing his quarterly estimated tax payments to see if they're still correct.

If you make quarterly estimated tax payments to the Internal Revenue Service (IRS), you probably determined at the beginning of the year how much you should pay each quarter. You may have even used TaxAct to estimate your tax payments and print … [Continue reading]

5 ways to choose the right healthcare coverage

Woman talks to her doctor about how to choose the right healthcare coverage.

Finding the right healthcare coverage every year is no small feat if you don't have access to an employer-sponsored plan. Not only does the plan need to provide enough coverage, but it also needs to be affordable. No one likes to bust their budget … [Continue reading]

2017 Top Tax Deductions for Bloggers

Lady blogger working on her computer.

Tax deductions are a great way to keep more of your hard-earned money. They reduce the amount of taxable income earned through your business all year long. … [Continue reading]

2018 Tax Changes You Need to Know

2018 tax documents spread out on a desk.

The Internal Revenue Service (IRS) recently announced several tax changes for 2018. And like most years, these changes include updates to the income tax brackets and standard deduction amounts along with adjustments to the retirement contribution … [Continue reading]