Tax Lounge Blogs

Americans who serve in the military often face travel and moving costs due to frequent relocations, experience long stints overseas and incur job-related costs. Although members of the armed forces ar
Posted To: Tax Ranger By: Tax Ranger on Monday, September 10, 2012

We get it Money is tight, the economy is bleak, and you are looking to make ends meet and pay off some debt. So, you have considered renting a room out and want to know the tax consequences.  You’ve come

Posted To: David Rocci Tax Rants By: David Rocci on Friday, September 07, 2012

Football season is near and that bring out the rookie and pro alike when it comes to sports gambling.  Whether it is fantasy football or your Super Bowl pool, you need to know that the IRS has some rules when

Posted To: David Rocci Tax Rants By: David Rocci on Wednesday, August 29, 2012
Many individuals who fell on hard times may have struggled to pay their mortgage or spent hours negotiating their credit card debt with their lender. If these scenarios resulted in a foreclosure or ca
Posted To: Tax Ranger By: Tax Ranger on Friday, August 24, 2012
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 Ranger By: Tax Ranger on Thursday, August 23, 2012
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 Ranger By: Tax Ranger on Friday, August 17, 2012

The Olympics has wrapped up and it caught the attention of most of my friends, even if only for a minute. My friend’s four year old daughter was even wrapped up into the Olympics especially gymnastics.  I found myself watching

Posted To: David Rocci Tax Rants By: David Rocci on Thursday, August 16, 2012

November is quickly approaching and we are approaching Election Day as citizens will have an opportunity to vote on their presidential choice. The election will ultimately play a big role in our economic policy and we are nearing what Fed

Posted To: David Rocci Tax Rants By: David Rocci on Wednesday, August 15, 2012
Beginning in calendar year 2012, all Registered Tax Return Preparers (Individuals who have a PTIN) and RTRP candidates must obtain 15 hours of continuing education annually. The programs should include two hours of ethics, three hours of federal tax law updates, and ten hours of other federal tax law.
Posted To: Tax Mommys Blog By: Stephanie Brenneman on Tuesday, August 14, 2012

So, you’re thinking of doing a ROTH IRA conversion, you might want to take into consideration changes that may happen over the next few years with the tax code. I’m not saying it will happen, but only something to take

Posted To: David Rocci Tax Rants By: David Rocci on Sunday, August 05, 2012