Tax Lounge Blogs

Thousands of Americans receive audit notices from the Internal Revenue Service each year, some more serious than others. However, many people who go over their documents closely with a

Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014

When individuals gets a bonus at work, win money through gambling or receive a small inheritance, the last thing they often think about is how the windfall will affect their taxes, if at all. Getti

Posted To: Tax Lounge By: Internal on Thursday, December 04, 2014

Homeowners may pay thousands in property taxes, and the amounts owed each year may fluctuate based on a variety of factors. However, in recent years, more people are experiencing a steep hike in th

Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014

Many employers are changing their health benefit plans in anticipation of the employer mandate provision included in the Patient Protection and Affordable Care Act. As a result, some workers may be

Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014

The individual mandate provision of the Patient Protection and Affordable Care Act requires that all Americans have a health insurance policy in place by January 1, 2014. Those who are not covered

Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014

Each year, thousands of people adopt children from both inside and outside the United States. This process can be one of the most meaningful experiences new parents undergo, but it can also be cost

Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
Few households are alike, and individuals may have a number of different people residing with them at some point. From young kids or adult children that have moved back after college to elderly par
Posted To: Tax Lounge By: Rachel Dionisio on Thursday, December 04, 2014

The government shutdown may be over and federal operations have resumed, but many agencies are still reeling from the effects of the suspension, including the Internal Revenue Service. As a re

Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014

Most people have heard of end-of-year tax planning, but there is still a large percentage of Americans who wait until the last minute each filing season to start gathering their forms and setting u

Posted To: Tax Lounge By: Internal on Thursday, December 04, 2014

Employees who are enrolled in a flexible spending account may have more leeway and discretion when it comes to using the money they have contributed to the tax-advantaged fund.

The U.S. Depar

Posted To: Tax Lounge By: Internal on Thursday, December 04, 2014