TaxSlayer Review for 2019: Easy to Use and Fast Refund

  It’s true--most people don’t enjoy doing their taxes. But with the right tax filing software, it can at least be quick and straightforward. If you’re searching for an accurate and inexpensive solution, TaxSlayer is a good option. If you've thought about doing your own taxes this year, you’ve probably looked at different tax preparation software. Before deciding on how you will file your taxes, it’s good to take a look at … [Read more...]

7 Strategies to Save You Thousands Each Year in Taxes (Year-End Tax Planning)

It's time once again to start giving some thought to paying taxes. Who's excited? Okay, even though it may feel like a chore it's wise to do a little analysis at the end of the year to see if there are any year-end tax planning moves you need to make. Remember, corporate returns are due on March 15, 2019. Personal tax returns are due on Monday, April 15, 2019, the last day to file taxes. But you can file your taxes with the IRS … [Read more...]

File Your Taxes at Home with Expert Help [TurboTax Live Review]

This post is brought to you by TurboTax. While this is a sponsored post, all content and opinions expressed here are my own. If you're like me, you probably have a long history with TurboTax. They were the program I used back when I was filing taxes as a single graduate student in 2006, and they helped me throughout the life changes that followed as I got married, bought a house, had kids, and moved to two different states. This … [Read more...]

New Tax Rules and Law Changes You Need to Know [Updated for 2019]

Getting psyched to do your taxes? I suppose if you're expecting a refund you might be. Or if you're kind of a tax nerd like me, you might take some pleasure in breaking down the tables and watching the software do its thing. Or you might be interested to see how the new tax rules behind the Tax Cuts and Jobs Act of 2017 will affect your tax burden. In any of these cases, here are the tax law changes that apply to the 2018 tax … [Read more...]

Turbo Tax Review: Get Your Best Tax Return In 2019

TurboTax is one of the most popular tax preparation software programs out there and for very good reason. It offers a step-by-step process for preparing your taxes so you can rest assured that every I is dotted, every T is crossed, and every eligible deduction is taken. They take care of yearly tax updates, making sure that their customers comply with the confusing and constantly changing tax code. This TurboTax review will help … [Read more...]

H&R Block Tax Software 2019 Review

  H&R Block is one of the biggest names in tax preparation, responsible for preparing a whopping one out of every seven tax returns that are filed in the United States. Their huge command of the market is due to the fact that they have both 10,000 physical branches all around the U.S., as well as tax software that you can use at home to prepare your return. If you need a local branch, odds are there is one within five miles of you right now. For … [Read more...]

10 Ways to Give More to Charity in 2019

Ever heard of the “James Bond of philanthropy,” otherwise known as Chuck Feeney? He made it his life’s mission to give away his entire $7.5 billion fortune while he was still living. At the end of 2016 he gave away his last $7 million to Cornell University, leaving him only $2 million to live on for the rest of his life. Over his lifetime his contributions totaled 420,000% of his net worth. He was the founder of The Atlantic Philanthropies, which supported … [Read more...]

How Long Will it Take To Get Your Tax Refund?

According to the IRS, they will issue "most refunds in 21 days or less." Every year it is a constant debate on what to do with my tax refund. Should I go on a trip? Should I pay off my student loans? Or should I invest the money? With a few calculations, I discovered that if I have a tax refund of $2,000 each year and invest it in the market for 15 years at 8%, I will yield about $54,000. So, this year, I invested my tax return. … [Read more...]

The Last Day to File Taxes in 2019 (Don’t Forget!)

No big surprises this year. The last day to file taxes in 2019, for the 2018 tax year, is April 15, 2019. Last year we got a few extra days thanks to the 15th falling on a Sunday and the following Monday being a holiday in Washington D.C. (Emancipation Day). But no such luck this year! Head's up...many post offices stay open later on tax day to ensure you get your return filed. See this list of post office hours by state on tax day. Tax Penalty if You Don't File … [Read more...]

How to File Your Taxes for Free This Year!

  It's that time again: Tax Time! Luckily, if you meet certain criteria, you may just be able to file your federal taxes--and your state taxes--without spending a penny! Here are nine ways you might be able to file your taxes for free this year: 1. TurboTax® Free Edition (TurboTax.com) With TurboTax® Free Edition you can file a 1040EZ and other "simple" returns for free. You can also file State taxes for free. I … [Read more...]

Your Flexible Spending Account [FSA] “Use It or Lose It” Rule – What You Need to Know

This is our annual reminder about spending your Flexible Spending Account dollars and setting your allotment for next year. Based on a Treasury Department modification of the “use it or lose it” rule, some employers are allowing $500 to carry-forward from 2017 to 2018. That means you can carry over up to $500 in unused FSA funds from this year to the next. For example, if you funded your FSA with $1,000 this year and only spent $500 from your FSA before the end of … [Read more...]

5 Tax Breaks for First Time Homebuyers

Ready to jump into homeownership? Is owning a home a financial milestone that you have been dreaming about your entire life? Many people dream of becoming homeowners. They dream their entire lives of getting the keys to their first home. But it can be overwhelming trying to figure out how to handle all the costs of purchasing a home. Things like, saving up the down payment, handling closing costs, and dealing with the necessary incidental costs of new … [Read more...]