Why Was My Refund Delayed Last Year?
If you waited several months to receive your tax refund last year, you aren’t alone. In November of 2020, the…
TaxAct Blog: Explore All Articles
Top 7 Tax Changes You Should Know About for 2021
Changing tax laws can be confusing in the best of times. Add on the complications brought about by COVID-19? Suddenly…
Your Sunday Confessions Answered
I have no idea how to fill out a W-2, or wait, is it a W-4? We get it. Form…
Everything You Need to Know About the Gift Tax
Now that the holidays are rapidly approaching, many of us are brainstorming what gifts to give our loved ones. Instead…
Clean Out Your Closet for Charity to Maximize Your Itemized Deductions
While the end of the year is a time to relax and make precious memories with loved ones, it’s also…
The Gift That Keeps on Giving: How to Gift a 529 Plan
Holiday shopping for young children can be tricky — especially when you’re shopping for newborns or toddlers who seem to…
How to Write Off Buying Items for Charity on Your Taxes
We all tend to feel a little more generous over the holidays — that’s why it’s called the season of…
What You Need to Know About College Donation Deductions
If you’ve been seeing more university flyers in your mailbox lately, it’s no coincidence. Many businesses ramp up their donation…
How the Child Tax Credit Payments Could Impact Your 2021 Tax Return
If you are one of the millions of American taxpayers receiving advance Child Tax Credit payments from the IRS this…
The New Business Owner’s Guide to Filing a Tax Return
If you’ve always worked as an employee and had a relatively uncomplicated income tax return, you may wonder how much…
Guide to Stop Living Paycheck to Paycheck
Living paycheck to paycheck is stressful. You may struggle to pay the bills, be in debt, and not have any…
5 Misconceptions about the Child Tax Credit Monthly Payments
The families of roughly 60 million children received their first installment of the enhanced Child Tax Credit payments on July…