Tax Lounge Blogs

You’ve done it again   You did it in college.  You probably made your mother miss her due date and people tell you all the time that you “will be late to your own funeral ” You procrastinated and put

Posted To: David Rocci Tax Rants By: David Rocci on Saturday, April 14, 2012

I went on a binge this week catching up on past episodes of “Shark Tank,” ABC’s hit show that has investors, The Sharks, listening to pitches from entrepreneurs seeking investment into their companies. The entrepreneurs are coming from all walks

Posted To: David Rocci Tax Rants By: David Rocci on Monday, April 09, 2012

Did you receive a home buyer tax credit and it is time for you to repay it?  The Internal Revenue Service has a tool to help you determine how to handle repayment on your tax return. You may have to

Posted To: David Rocci Tax Rants By: David Rocci on Sunday, April 08, 2012

The average tax refund this year is approximately $3,000 and many Americans don’t typically enjoy such a financial windfall. That leads to interesting and sometimes difficult financial decisions.  Some will run out and purchase entertainment items such as big screen

Posted To: David Rocci Tax Rants By: David Rocci on Sunday, April 08, 2012
The April 17 tax filing deadline is quickly approaching, and Americans who haven't yet filed their taxes may be scrambling to do so. Others who have already completed their returns, but owe a bill
Posted To: Tax Ranger By: Tax Ranger on Wednesday, April 04, 2012
Common knowledge tells most taxpayers that if they are receiving a large refund at the end of filing season, they did not withhold enough from their paychecks and essentially provided an interest-free
Posted To: Tax Ranger By: Tax Ranger on Tuesday, April 03, 2012

Winner winner That’s right a double winner The potential winner for the Mega Millions tickets being sold in stores (or online in  Illinois), isn’t the only one hoping for a winner.  The state where that resident lives is also hoping

Posted To: David Rocci Tax Rants By: David Rocci on Friday, March 30, 2012

April 17th is near April 17th doesn’t nearly strike as much fear into most as April 15th, but this year you get two extra days to file your returns as the 15th is a Sunday. Those extra 48 hours aren’t

Posted To: David Rocci Tax Rants By: David Rocci on Tuesday, March 27, 2012

WASHINGTON — With business tax filing deadlines fast approaching, the Internal Revenue Service today encouraged small employers that provide health insurance coverage to their employees to check out the small business health care tax credit and then claim it if

Posted To: David Rocci Tax Rants By: David Rocci on Tuesday, March 27, 2012
Jobless Americans may be facing several financial obstacles while they seek a new job, and the prospect of owing a tax bill can be stressful for unemployed individuals. Although individuals will be ta
Posted To: Tax Ranger By: Tax Ranger on Monday, March 19, 2012