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Attention Gig Economy Workers: You Have to Pay Taxes!

You’ve probably heard that the gig economy is overtaking the ways we work. But, how extensive is this phenomenon that smashes the standard of the 9-to-5 job?

How to Track Self-Employed Expenses All Year Long

Numerous advantages come with being your own boss. For starters, you can set your own hours and vacation schedule. It gives you the flexibility to work remotely and spend some time enjoying a nomadic lifestyle. In fact, you may not have to change out of sweatpants for an entire day! But, those perks aside, there […]

The Basics of the Simplified Home Office Deduction

If you have a small business and work at home, you probably know you can take a deduction for the expenses of your home office. However, it’s surprising how many people don’t take this deduction when it comes time to file their tax return. All too often, taxpayers pass it up because it seems like […]

How to Start a Side Hustle and Stop Stressing about Saving

Pay yourself first. Set financial goals. Automate your savings. It doesn’t matter which version of this personal finance mantra you’ve heard, it all means the same thing: saving money is an important part of your financial health.

3 things to know about our Price Lock Guarantee

At TaxAct, we believe in pricing transparency. Our goal is to ensure every customer knows upfront what they’ll pay to file their taxes. One important way we make that happen is by offering a Price Lock Guarantee on any of our online tax filing products. To help you better understand how it works, here are […]

Love it or leave it? It’s time to review your healthcare plan

For many Americans, the struggle to save enough money to cover unexpected expenses – like high medical bills – is real. In fact, unpaid medical bills is one of the leading causes of personal bankruptcy in the United States. That’s why having the right health insurance in place is a smart move.

The keys to home ownership when you’re self-employed

People who choose to work for themselves tend to like a certain amount of independence. It takes a lot of gumption to cut ties with the traditional 9-5, and the kind of person willing to take that leap is usually in search of an independent lifestyle. But, it’s hard to be truly independent when you’re chained to […]

The playbook for fantasy football and your taxes

Week one of the 2016 NFL season officially kicked off this past Sunday, but preparation for game day started quite a while ago. And I’m not just talking about those who strap on a helmet and rush the field each week. I’m talking about the millions of Americans who spent the past month relentlessly mulling […]

Five Big Tax Mistakes Small Business Owners Make

How you handle your recordkeeping and taxes can make a big difference in your success as a small business owner. Make sure to avoid these common tax mistakes small business owners make: