Tax Lounge Blogs

Many Americans make the very wise choice to seek tax advice at some point in the year, usually once filing season rolls around. However, what they may not know is that there are many rules related to what constitutes tax advice in certain situations, and as such, the Internal Revenue Service is often quite careful in issuing guidance on this front.

Posted To: Tax Ranger By: Tax Ranger on Tuesday, June 17, 2014

These days, many Americans may do a lot of business within the borders of the U.S., but also outside them as well. As a consequence, these people may have many different types of income, coming to them from various parts of the world, and they may need to keep in mind that all income is taxed in this regard, no matter what.

Posted To: Tax Ranger By: Tax Ranger on Tuesday, June 17, 2014
Father’s Day is much different than Mother’s Day in the way that people find it hard to shop for gifts for their mother and shopping for their father is a piece of cake.
Posted To: Madelyn Lewis Insley By: Madelyn Lewis Insley on Friday, June 13, 2014

We all witnessed the unpredictable weather this winter – including storms that left inches of snow on the ground and the kids out of school for days at a time.

Posted To: Tax Mommys Blog By: Stephanie Brenneman on Friday, June 13, 2014

These days, many Americans take part in the stock market and other types of investment in a number of different ways, and the fact of the matter is that no one approaches these efforts the same way. As such, it might be wise for most to take a careful look at the ways in which their investments will impact their tax liabilities at the end of every year, and see what they can do to reduce them going forward.

Posted To: Tax Ranger By: Tax Ranger on Saturday, June 07, 2014
Summer Solstice is almost here - the official first day of summer - June 21. Kids are out of school, days are longer, nights are warmer, leaving plenty of time for some outdoor fun.
Posted To: Madelyn Lewis Insley By: Madelyn Lewis Insley on Friday, June 06, 2014

Many people recognize Memorial Day weekend as the beginning of summer, as the beaches are filled up with lawn chairs, coolers, and a constant mist of sunscreen. But as everyone celebrates the end of the school year and the start of summer, we should also remember the true meaning of Memorial Day – which is often forgotten and sometimes not even known. 

Posted To: Tax Ranger By: Tax Ranger on Friday, May 23, 2014
We all witnessed the unpredictable weather this year – including storms that left inches of snow on the ground and the kids out of school for days at a time. I’m so thankful that I stocked up on much-needed emergency items last year because they were a lifesaver for me and my family. 
Posted To: Tax Mommys Blog By: Stephanie Brenneman on Thursday, May 22, 2014

When it comes to tax planning, the way in which most Americans seem to approach it these days is by simply waiting until the next year rolls around, and then starting to work at a furious pace from January to March or even April. However, the more judicious option is the one most people learn when they're young: Slow and steady wins the race.

Posted To: Tax Ranger By: Tax Ranger on Wednesday, May 14, 2014
You read that right. If you really want to give mom something she’ll remember for the rest of her life, take all of her motherly duties (which are oh-so glamorous) out of her day. If you live at home, wash your clothes, clean the kitchen, make breakfast and lunch AND dinner. 
Posted To: Tax Ranger By: Tax Ranger on Friday, May 09, 2014