How to File Taxes for Content Creators and Influencers
Have you joined the ranks of Instagram® influencers, bloggers, and content creators on platforms like YouTube® and TikTok®? If so,…
TaxAct Blog: Explore All Articles
Should I Itemize or Take the Standard Deduction?
Quickly determine if you should take the standard deduction or choose to itemize on your tax return.
Working Families Tax Cut Act (Formerly OBBB): What’s Changing For You
The One Big Beautiful Bill Act — also known as the Working Families Tax Cut Act, Big Beautiful Bill, or…
How to File Taxes After Divorce or Separation
Divorce and legal separation are never just an emotional split for married couples — it also changes your entire financial…
What Is IRS Form 1041: U.S. Income Tax Return for Estates and Trusts
Updated for tax year 2025. As the baby boomer generation ages, more taxpayers are handling estate and trust taxes for the first…
6 Tax Moves to Make Before the Summer’s Over
Updated for tax year 2025. Summertime — the days of sun-kissed skin, juicy slices of watermelon, flip-flops, and … taxes? Taxes…
Guide to Social Security Taxes
Social Security benefits are crucial to many Americans' retirement plans, providing a safety net to ensure financial stability during your…
Is Child Support Taxable? Child Support Tax Law Explained
If you're filing your taxes and have paid or received child support in the last year, you likely have some…
How a Summer Job Affects Your Taxes
A summer job is a great way to add extra money to your bank account. Whether you’re a cash-strapped student, a…
Mid-Year Review for Tax-Savvy Business Owners
Now is the perfect time to perform a mid-year review of your business activity, including your tax liability. Staying on…
8 Changes You Can Make Now to Prepare for Next Tax Season
Let’s all breathe a collective sigh of relief — this year’s tax return has been filed. But now that tax…
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…