Avoid IRS Penalties and 6 More Reasons Not to Wait Until the Last Minute to File
The last day to file your 2024 federal tax return is April 15, 2025. If you’ve procrastinated on completing your…
Articles
How to File a Tax Extension
Do you need more time to file your income tax return? Don’t sweat it — with TaxAct®, it’s easy for…
Filing Taxes for Married Couples: Benefits and Tips
Getting married changes many aspects of your life, including how you file your taxes. Choosing the right tax filing status…
How to Calculate and Make Estimated Tax Payments
Updated for tax year 2024. If you’re like most taxpayers, you receive salary and wages from your employer and never…
Guide to Adjusting Your Self-Employed Estimated Tax Payments
Updated for tax year 2024. If you are a taxpayer who makes quarterly estimated tax payments to the Internal Revenue…
How to Calculate the Self-Employment Tax
Updated for tax year 2024. No matter what self-employment looks like for you, you’re responsible for ensuring the taxes on…
A Complete Guide to Inheritance Tax and How It Works
When someone close to us passes away, sorting through the financial side can feel overwhelming. The good news is most…
10 FAQs About Estate Taxes and Inheritance Planning
Planning for what happens after you are gone is never an easy topic, but it's an important one. Whether you're…
Can You Claim Your Parents as Dependents?
Updated for tax year 2024. You know you can claim your kids on your income tax return. But what if…
The Tax Benefits of Donating to Animal Shelters and Caring for Rescue Pets
When it comes to charitable donations and taxes, it pays to be generous. Helping shelter pets by donating to your…
Why Did the IRS Reject My Tax Return?
The IRS rejecting your tax return can be a scary thing. Thankfully, it’s usually nothing to be overly concerned about.…
Head of Household vs. Married Filing Jointly: Which Tax Status is Right for You?
When it comes to taxes, picking the right tax filing status can make a big difference in what you owe…