Tax Lounge Blogs

There are many different levels to an audit, and some may be cleared up by simply mailing supporting documents to the Internal Revenue Service. Others, however, may be comprehensive, and if this is th...
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
Most Americans organize their tax documents well in advance of filing season, and try to formulate how many credits and deductions they may claim to reduce their liability. Knowing the total amount of...
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
Many Americans fear receiving a tax bill during filing season, but a recent study reveals less than half of taxpayers actually have to pay Uncle Sam.Data compiled by the Joint Committee on Taxation re...
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
College is becoming more expensive for Americans, leading many families to turn to outside resources, such as loans, scholarships and grants to help cover the costs. However, it’s important to k...
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
Undergoing a divorce can be financially and emotionally draining. In order to complete the process properly, it’s imperative the former couple consider the tax implications of their decision.Man...
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
It’s hard enough to start a small business, and a microbrewery seems even more complicated. With the recession of the last few years and stiff competition in the marketplace, all the alcohol-rel...
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
Wedding season is upon us! If you’re in the throes of planning your big day, with all of the other details and expenses to work through, tax return preparation is probably the last thing on your...
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
We know you don’t have to worry about your income tax preparation and tax filing until next year, but be aware of these common tax scams so you don’t fall victim in the future. If you let ...
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
A recent study shows that more Americans are loosening their purse strings and making charitable contributions to qualified organizations. However, tax professionals are urging individuals who plan to...
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
No one enjoys receiving a bill from Uncle Sam at the end of tax filing season, and the results of a new study show fewer Americans will have to worry about owing the government during the 2011 tax yea...
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014