S Corp vs. C Corp: What’s Best for Your Business in 2018?
In the wake of the Tax Cuts and Jobs Act, business owners nationwide are looking closely at whether incorporating as…
TaxAct Blog: Explore All Articles
2018 Child Tax Credit Under Tax Reform
A tax credit reduces your total tax liability, and there are several types of credits available to help taxpayers do…
1040EZ or 1040A: What’s the difference?
When it comes time to file your taxes, it can feel like there are an endless amount of forms, options,…
The Skinny on Freelancer Taxes
As a freelancer, you get to be your own boss, work with clients on projects you’re passionate about, set your…
W-4 Withholdings After Tax Reform: Things to Know About the New Version
Most changes under the new tax bill signed into legislation in December of 2017 took effect this past January for…
4 Tax Scams to Avoid This Season
Tax season is knocking at our door. And while you may be among the many taxpayers across the country busy…
How to Host a Party for the Big Game on a Budget
That time of year is here again - the time when everyone gathers around the big screen to cheer on…
Bitcoin and Taxes: What You May Not Know
You might be aware that your Bitcoin or other cryptocurrency transactions have a possible taxable impact. However, you might not…
How to Pay Off Credit Card Debt Without Getting Crushed by Rising Interest Rates
When most of us open a credit card account, we undoubtedly have every intention of using it responsibly and paying…
Student Loan Refinancing: 6 Things to Know
One of the biggest obstacles to paying down student loans can be the interest charges that pile up each month.…
How to Prioritize Your Finances When You’re Self-Employed
Freelancing is growing in popularity, largely in part to the amount of freedom it offers. Being self-employed, you have the…
Top Tax Deductions for Personal Trainers
As a personal trainer, you have a lot of expenses depending on how you run your business. For example, if…