Tax Lounge Blogs

Common knowledge tells most taxpayers that if they are receiving a large refund at the end of filing season, they did not withhold enough from their paychecks and essentially provided an interest-free
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
The April 17 tax filing deadline is quickly approaching, and Americans who haven't yet filed their taxes may be scrambling to do so. Others who have already completed their returns, but owe a bill
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
A home is one of the largest investments an individual makes during his or her lifetime, and one of the benefits homeowners are privy to is a mortgage interest deduction during filing season. However,
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
An individual's employment status plays a pivotal role in their income taxes during filing season. In some cases, however, determining how to classify a worker can be difficult, and individuals wh
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
Retirement planning is a lifelong process that most Americans take seriously. Shortfalls during an individual's golden years can make it difficult to cover basic needs, such as housing and food co
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
Investing in the stock market is one of the most common strategies individuals rely on to grow their wealth and bolster their retirement savings. However, when tax filing season rolls around, they hav
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
When it comes to paying Uncle Sam, there are very strict rules about what can and cannot be written off on income tax returns. However, there are several costs that many individuals and business owner
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
Millions of Americans fall into what has been labeled the "sandwich generation." This demographic is defined as those individuals who are providing care or financial assistance to both their
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
Many working families who struggle to make ends meet find that housing and living costs are not the highest burdens they face. Instead, a new study shows that the rising costs of reliable child care i
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
Owning a home can be a great asset for Americans, and many view it as an investment into their futures. Having a stake in property not only enables consumers to build equity, but it may also qualify t
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014