Tax Lounge Blogs

During the first few months of the year, individuals may be busy collecting the information they need to claim certain benefits or are sifting through mailed documents they will need to file certain f
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
Filing taxes requires individuals to collect a great deal of documents and information that displays their personal and financial details. W-2s, bank records, investment statements, student loan paper
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
Most individuals spend January and February awaiting their W-2 and 1099 forms from employers, lenders and other entities, and March organizing their supporting tax documents, such as invoices, receipt
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
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 Lounge By: Tax Ranger on Thursday, December 04, 2014
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 Lounge By: Tax Ranger on Thursday, December 04, 2014
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 Lounge By: Tax Ranger on Thursday, December 04, 2014
After the paperwork gathering and meeting with the tax preparer is over and done with, most Americans happily anticipate their refund from the IRS.
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
While the unemployment crisis has made modest improvements in recent months, joblessness in the United States remains stubbornly high. Filing season can exacerbate the hardship under which many unempl
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
Deductions are one of the most common allowances Americans use to lower their tax liability during filing season, and these write-offs exist in several categories. Many taxpayers are aware of the most
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
Jobless Americans may be facing several financial obstacles while they seek a new job, and the prospect of owing a tax bill can be stressful for unemployed individuals. Although individuals will be ta
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014