Solutions to Make Better Decisions with Your Taxes and Money

Archives for March 2014

5 Questions Typically Asked about Filing an Amended Tax Return

Everybody makes mistakes – there are no exceptions. If you discover an error or something you missed on your return after you filed it, don’t panic. Fortunately, most mistakes in life can be fixed, and your tax return is no exception.

How Much of My Mortgage Payment is Tax Deductible?

How much of your monthly mortgage payment is tax deductible? The short answer is more than you might think, but not as much as you might hope. Depending on how your mortgage is set up, your monthly payment likely includes principal, interest, taxes, and insurance, also known by the acronym PITI. Let’s take a look […]

10 Essential Tips to Make Filing a FAFSA Easy

Before venturing off to college, filing a FAFSA (Free Application for Federal Student Aid) is a necessary step in order to qualify for federal student aid. The FAFSA (Free Application for Federal Student Aid) is administered by the Federal Student Aid, an office of the U.S. Department of Education. This office provides more than $150 billion in […]

Check Your Tax Return Status Anytime, Anywhere

The hard part is done. You’ve filed your taxes. Now you want to know – was your return accepted and when should you expect that refund from the IRS? TaxACT has a free app for that – Tax Return Status by TaxACT. Who Can Use Tax Return Status by TaxACT?

6 Things to Know About Pre-Existing Conditions and Health Insurance

You’ve heard by now that health insurance companies can no longer deny you coverage because you have a pre-existing condition, thanks to the Affordable Care Act (ACA). That sounds like good news, and for many people it is. It’s not quite that simple, however. Make sure you understand the new rules for pre-existing conditions:

7 Homeowner Tax Breaks

Owning a home has long been a great way to save on your taxes. That’s still true. Take a look at the following ways that owning a home can still give you a break on your taxes.