Tax Lounge Blogs

Millions of Americans have taken advantage of a popular $8,000 government tax credit aimed at encouraging home purchases, and there are still several months left to benefit from it. However, not all t...
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
Taxpayers got a reminder of how helpful a professional preparer can be this week when the commissioner of the IRS, Douglas Shulman, acknowledged in a televised interview that he uses one himself at fi...
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
A professional tax preparer can help people navigate the intricacies of the tax system, especially when it comes to certain deductions and procedures that may not be widely understood by many. For ex...
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
Each filing season, many taxpayers find themselves nervously wondering about whether they could end up facing an audit from the IRS. Fortunately, it turns out the odds are vastly against this happenin...
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
One of the benefits of working with a professional tax preparer is that people are far less likely to miss out on new deductions and other changes they may be able to boost their refund with. With tha...
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
With tax filing season now here, consumers have a variety of different strategies that can help increase their deductions and maximize their returns. A recent report from Bankrate.com laid out some of...
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
People don't have to wait until tax filing time to take a simple step that could put more money in their pocket throughout the year. A recent report from Motley Fool notes that about 75 percent of Ame...
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
Millions of Americans have donated generously to help out with earthquake relief efforts in Haiti, and members of Congress are now trying to take some steps to reward their generosity while encouragin...
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
Many Americans had a difficult 2009 because of factors like the recession and unemployment. However, various provisions in the federal stimulus bill are aiming to give people a hand this filing season...
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
For millions of taxpayers, the coming filing season is a complex process that can be stressful without help from a skilled tax preparer. For those who own their own businesses or are self-employed, th...
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014