Tax Lounge Blogs

Homeownership is not only considered a smart financial investment, but also a satisfying personal aspiration. However, owning property is one of the most significant monetary moves most people make du
Posted To: Tax Ranger By: Tax Ranger on Monday, December 10, 2012

The IRS just released its standard mileage rates for 2013, which show slight increases from the current 2012 rates. These rates are made available so that employees, self employed individuals, and other taxpayers can calculate their tax deductible transportation costs

Posted To: David Rocci Tax Rants By: David Rocci on Sunday, December 09, 2012
After the largest Powerball lottery in history ended last week, many Americans may be wondering how much those lucky winners will walk away with. The final jackpot totaled $587.5 million, with two win
Posted To: Tax Ranger By: Tax Ranger on Monday, December 03, 2012

President Obama is active pitching his plan to preserve current rates for the middle class while raising them for the wealthy. Congress and President Obama are actively trying to avoid the “fiscal cliff” which is a series of tax increases

Posted To: David Rocci Tax Rants By: David Rocci on Wednesday, November 28, 2012
For the thousands of victims who were affected by Hurricane Sandy, coming up with the funds to cover daily costs or start rebuilding their homes can be challenging. While many may have homeowners and
Posted To: Tax Ranger By: Tax Ranger on Tuesday, November 20, 2012
Many Americans are concerned about the potential tax changes that may take place by the end of the year. While lawmakers have yet to make concrete changes to current rules, several proposed alteration
Posted To: Tax Ranger By: Tax Ranger on Monday, November 19, 2012

We are heading down the final stretch of 2012 and for many that means that it is time to review their benefits including medical, 401k and other fringe benefits.  One of those areas that are offered is the health savings

Posted To: David Rocci Tax Rants By: David Rocci on Sunday, November 18, 2012
As the holiday season approaches, many people get caught up in making travel plans, purchasing gifts and hosting events. However, this can leave little time for individuals to organize their finances
Posted To: Tax Ranger By: Tax Ranger on Thursday, November 15, 2012

There is a certain attraction that comes to a character like James Bond and with the latest Bond movie, Skyfall, hitting the cinemas now, we are set to ponder, exactly how much would it cost to be James Bond? The

Posted To: David Rocci Tax Rants By: David Rocci on Wednesday, November 14, 2012

I happen to live near Chicago and we have a saying here that says Chicago has two seasons—winter and construction. It seems like the country has two seasons as well Election time and preparation for election time The Presidential election

Posted To: David Rocci Tax Rants By: David Rocci on Thursday, November 08, 2012