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Tax Lounge Blogs

Does the IRS owe me money?

Is it possible that the IRS owes me money?  They could if you forgot to file a 2008 tax return and you were to be paid a refund.  Refunds totaling more than $1 billion may be waiting for one million

Posted To: Tax Rants by David Rocci By: David Rocci on 2/28/2012 8:51:49 AM

What is the Dirty Dozen? Part II

Last week we introduced the Dirty Dozen and gave a little information regarding the top tax scams that the IRS will be watching out for this year.  You can read Dirty Dozen Part I to make sure you are up

Posted To: Tax Rants by David Rocci By: David Rocci on 2/25/2012 2:28:03 PM

What is the Dirty Dozen? Part I

WASHINGTON –– The Internal Revenue Service today issued its annual “Dirty Dozen” ranking of tax scams, reminding taxpayers to use caution during tax season to protect themselves against a wide range of schemes ranging from identity theft to return preparer

Posted To: Tax Rants by David Rocci By: David Rocci on 2/17/2012 3:35:23 PM

Mitigate the risk of an audit with a few simple moves

Most taxpayers have mixed feelings about filing season, with some dreading the stress of gathering and organizing their records and paperwork but also looking forward to receiving a refund when it'

Posted To: Tax Ranger's Blog By: Tax Ranger on 2/13/2012 3:10:57 PM

Political candidate’s tax returns—do they matter?

Over the last several weeks many of the candidates for the Republican Party have released their tax returns to be analyzed by the public as they determine who will be the eventual nominee for the Presidential race. As I read

Posted To: Tax Rants by David Rocci By: David Rocci on 2/13/2012 6:56:00 AM

Bonus miles may be taxable

Determining what is taxable and what is off limits to Uncle Sam during filing season can be difficult sometimes when it comes to lesser-known sources of income or gifts. And a new move from Citibank m

Posted To: Tax Ranger's Blog By: Tax Ranger on 2/7/2012 2:49:20 PM

IRS cracks down on Identity Theft

When your information is stolen it can be time consuming, freighting and downright aggravating.  Identity Theft crimes have skyrocketed since the invention of the internet. Identity Theft also comes in the form of tax crimes and the Internal Revenue Service

Posted To: Tax Rants by David Rocci By: David Rocci on 2/3/2012 11:07:25 PM

How do I get paid for dancing?

Have you seen that Liberty Tax guy? ? Did you see Miss Liberty dancing on the street today? ? These and many other similar sayings have been said about our Liberty Tax wavers.  They have has much fun as anyone

Posted To: Tax Rants by David Rocci By: David Rocci on 2/3/2012 10:20:33 PM

Tuition bills may carry tax implications

College costs represent a significant expense to parents and students, and once tuition, room and board, books and fees are factored in, the final price tag can reach tens of thousands of dollars. How

Posted To: Tax Ranger's Blog By: Tax Ranger on 2/2/2012 3:08:51 PM

Do you want more MONEY?!

The current state of the economy has left so many of our clients in need of fast refunds and, it's fair to say, no one knows the plight of the average American better than the staff at Liberty Tax. We

Posted To: Miss Liberty Tax By: Miss Liberty Tax on 1/27/2012 10:42:24 AM