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TaxAct Blog: Explore All Articles

Common eBay Seller FAQs Explained

CON-15-TY21-490-eBay Infographics 4_Common Seller FAQs and Unique Scenarios Explained - FINALDownload

Meghen Ponder

Top 7 Tax Tips for College Athletes

If you’re a college athlete profiting from your name, image, and likeness (NIL), your tax situation can be a complicated…

Meghen Ponder

The Tax Reality of NIL Income

In the past, NCAA rules prohibited college athletes from profiting from their name, image, and likeness (NIL). But in 2021,…

Meghen Ponder

Inflation Rate Calculator

High inflation got your stress levels up? Here are some savings and investment strategies you can use as an inflation…

Meghen Ponder

Earning Passive Activity Income and What It Means for Your Taxes

If making money with minimal effort is a financial goal of yours, passive income just might be the answer. But…

Meghen Ponder

The Complete Definition of Capital Gains Tax

You’ve heard the term capital gains tax. But what is that exactly? Is that something you pay? If so, when?…

TaxAct

Can You Deduct Facebook Donations from Your Taxes?

Facebook fundraisers have become a popular, easy way to raise money for worthy causes. With the social media platform boasting…

James Frazier

Four Ways to Manage Old Employer-Sponsored Retirement Plans

If you’re like most Americans, you’ve changed employers a few times throughout your working career. In fact, the average person…

TaxAct

The Best Tax Deductions on Home Improvement Projects

Want to spruce up your home? You’re not alone. More than one-third of Americans are planning to remodel their homes…

Abby Quillen

I made a mistake on my return. What do I do?

Learn how to fix a mistake after you filed your return.

Mark J.

Why Should I File My Own Taxes Online?

Hey, you. Did you know you don’t have to be a tax genius to file your own taxes? How to…

Meghen Ponder

Why You Should Be Separating Your Personal & Business Finances

It doesn’t matter if you’re just starting out as a small business owner or you’ve been doing it for a…

Meghen Ponder