Solutions to Make Better Decisions with Your Taxes and Money

10 Tax Benefits for College Students

College can be expensive, but the IRS offers a number of tax benefits for college students to make higher education more affordable for more Americans. Whether you’re a parent of a college student or paying your own way through school, here are 10 important things to know about college and taxes:

How Itemized Deductions Work

Don’t worry – the IRS doesn’t want to tax every last cent you earn.

How to Maximize Your Tax Deduction for Charitable Contributions

Choosing to donate to a charity typically isn’t solely driven by the potential tax break, but the chance to save a few bucks on your taxes  as a result is a nice perk. If you itemize deductions on your income tax return, the IRS allows you to write off the cash value of any contributions or […]

Tips for Filing Taxes for the First Time

You can’t fully understand many important things in life until you do them for the first time: riding a bike, getting your first job, and doing your taxes. Filing your income tax return is one of those adult rites of passage that can seem shrouded in mystery until you sit down to file for the […]

10 Common Tax Mistakes That Could Cost You

The U.S. tax code is nearly 4 million words. That’s a lot of complicated tax jargon. However, even though the rules are complex, most of the mistakes taxpayers make on their returns are fairly simple.

You Still Have Time to Maximize Your Refund with These Six Year-End Moves

Regardless of the outcome of the IRS open date, you still have time to maximize refunds, and get a head start on your return to be first in line to get your refund. Here are six things you can do now to increase your tax savings:

Track Your Charitable Donations to Save You Money at Tax Time

To view the Donation Assistant by TaxACT infographic, click here. Making charitable donations makes a difference to those in need and can save you money at tax time. Donation Assistant by TaxACT is a free mobile app that helps track goods and money you donated to charitable organizations. Your donations can then be easily imported […]

Check Your Tax Return Status Anytime, Anywhere

The hard part is done. You’ve filed your taxes. Now you want to know – was your return accepted and when should you expect that refund from the IRS? TaxACT has a free app for that – Tax Return Status by TaxACT. Who Can Use Tax Return Status by TaxACT?