Tax Lounge Blogs

Deductions are one of the most common allowances Americans use to lower their tax liability during filing season, and these write-offs exist in several categories. Many taxpayers are aware of the most
Posted To: Tax Ranger By: Tax Ranger on Thursday, March 15, 2012
While the unemployment crisis has made modest improvements in recent months, joblessness in the United States remains stubbornly high. Filing season can exacerbate the hardship under which many unempl
Posted To: Tax Ranger By: Tax Ranger on Thursday, March 08, 2012
After the paperwork gathering and meeting with the tax preparer is over and done with, most Americans happily anticipate their refund from the IRS.
Posted To: Tax Ranger By: Tax Ranger on Wednesday, March 07, 2012

Is it possible that the IRS owes me money?  They could if you forgot to file a 2008 tax return and you were to be paid a refund.  Refunds totaling more than $1 billion may be waiting for one million

Posted To: David Rocci Tax Rants By: David Rocci on Tuesday, February 28, 2012

Last week we introduced the Dirty Dozen and gave a little information regarding the top tax scams that the IRS will be watching out for this year.  You can read Dirty Dozen Part I to make sure you are up

Posted To: David Rocci Tax Rants By: David Rocci on Saturday, February 25, 2012

WASHINGTON –– The Internal Revenue Service today issued its annual “Dirty Dozen” ranking of tax scams, reminding taxpayers to use caution during tax season to protect themselves against a wide range of schemes ranging from identity theft to return preparer

Posted To: David Rocci Tax Rants By: David Rocci on Friday, February 17, 2012
Most taxpayers have mixed feelings about filing season, with some dreading the stress of gathering and organizing their records and paperwork but also looking forward to receiving a refund when it'
Posted To: Tax Ranger By: Tax Ranger on Monday, February 13, 2012

Over the last several weeks many of the candidates for the Republican Party have released their tax returns to be analyzed by the public as they determine who will be the eventual nominee for the Presidential race. As I read

Posted To: David Rocci Tax Rants By: David Rocci on Monday, February 13, 2012
Determining what is taxable and what is off limits to Uncle Sam during filing season can be difficult sometimes when it comes to lesser-known sources of income or gifts. And a new move from Citibank m
Posted To: Tax Ranger By: Tax Ranger on Tuesday, February 07, 2012

When your information is stolen it can be time consuming, freighting and downright aggravating.  Identity Theft crimes have skyrocketed since the invention of the internet. Identity Theft also comes in the form of tax crimes and the Internal Revenue Service

Posted To: David Rocci Tax Rants By: David Rocci on Friday, February 03, 2012