X

TaxAct Blog: Explore All Articles

7 Organizational Tips to Make Tax Filing Easy

There are often two types of tax filers: Those who neatly file their tax information and receipts away in color-coded…

TaxAct

16 Business Finance and Tax Terms You Should Know

Running a business or a side hustle isn’t for the faint of heart. Whether you’re just starting out or you’ve…

Meghen Ponder

Can an LLC Write Off a Car Purchase? How to Write Off a Car for Business Tax Deductions

If you recently started an LLC or small business, you’ve probably heard you can write off a vehicle for tax…

Meghen Ponder

7 Tax Credits and Deductions Parents Need to Know

Updated for tax years 2024 and 2025. Your little bundle of joy may tap into your pocketbook throughout the year,…

TaxAct

5 Affordable Ways to Spend Summer Vacation

Is your tax refund still sitting in your savings account, waiting to be spent? Summer vacation and tax refunds can…

TaxAct

The Tax Benefits of Contributing to an IRA

I-R-A. Just three little letters, but they can have a big impact on your retirement savings — and your taxes.…

Meghen Ponder

What to Do After Filing a Tax Extension

If you didn’t quite e-file your tax return by the April 15 tax filing deadline on Tax Day, filing for…

TaxAct

What is the Child Tax Credit (CTC)?

If you're a parent or caregiver, you've probably heard about the Child Tax Credit (CTC). It’s one of the biggest…

Meghen Ponder

What is the Additional Child Tax Credit (ACTC)?

As a parent or guardian filing taxes, you’ve likely claimed the Child Tax Credit (CTC). But what happens if the…

Meghen Ponder

Child Tax Credit vs. Additional Child Tax Credit: What’s the Difference?

The Child Care Tax Credit and the Additional Child Care Tax Credit are different, but you can take advantage of…

Meghen Ponder

How Your Summer Plans Could Impact Next Year’s Tax Return

There’s no need to pretend — we know tax planning wasn’t exactly at the top of your summer to-do list.…

Meghen Ponder

Comprehensive Guide to Filing Taxes as a Gig Worker

Welcome to the exciting world of the gig economy, where flexibility meets opportunity — and more tax obligations. The gig…

Meghen Ponder