Solutions to Make Better Decisions with Your Taxes and Money

Archives for September 2015

How to File Taxes? — The Ultimate Tax Guide for College Students

Whether you’re heading off to college for the first time or well on your way to finishing your degree, being a college student presents special financial challenges. Knowing how college might affect your taxes can help you plan ahead and identify tax benefits that may make your finances a little easier while you’re hitting the […]

7 Best Tax Deductions, Exemptions, and Credits for Families

While your children are young you have plenty of expenses. Fortunately, some of those expenses can directly or indirectly turn into deductions, exemptions or credits that may mean big savings on your tax bill. Take a look at the following tax benefits to see which ones could be beneficial for you.

5 Tax Advantages of Getting Hitched – TaxAct Blog

If you plan to get married this year, don’t forget about the tax implications that come along with tying the knot. For instance, are you aware of the “marriage tax”? It’s an unofficial term for various parts of the tax code that mean you may pay more as a married couple than you would as two individuals. But, while […]

Tips to Meet the Small Business Tax Filing Extension Deadline

The deadline for filing 2014 extended corporate and partnership tax returns is Tuesday, September 15, 2015. If you took an extension to file your corporate or partnership income tax returns, the deadline is almost here. By Tuesday, you must finish and file your return or face penalties for late filing.

Tax Information Same-Sex Married Couples Need to Know

The Supreme Court has decided that the constitution gives same-sex couples the right to marry in all 50 states. If you are in a same-sex relationship, this change may have tax consequences for you now and in the future. Before this ruling, some states already allowed same-sex marriage. Since 2013, the Internal Revenue Service enabled […]

12 Things Business Owners Need to Know about the ACA

If you have employees, you know that you may be required to provide health insurance for your employees or pay a fine under the Affordable Care Act (ACA). Providing health insurance coverage is just one facet of the ACA requirements you may have to meet. As the ACA becomes more fully implemented, additional reporting requirements […]

Financially Preparing to be a Stay-at-Home Parent

Do you have plans to live on one income while you or your spouse stays home with the kids? This used to be commonplace, but now many households include two working parents. Interestingly though, stay-at-home parenting is no longer mainly women’s work.