Tax Lounge Blogs

One common way for families to lower their tax burden at filing season is through deductions for children and other dependents. With that in mind, the Internal Revenue Service is offering some guidanc...
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
The various provisions in last year's economic stimulus bill will command the attention of many tax preparers this filing season, and the Internal Revenue Service is working to provide people with the...
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
Taxpayers who are wondering about the daunting task facing the Internal Revenue Service during any given filing season can take a look at some recently released statistics from the tax agency. Accordi...
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
The Internal Revenue Service is reminding people with disabilities that there may be a number of strategies they can follow to minimize their tax obligations for any given filing season. According to ...
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
Taxpayers who are rushing to get through filing season may find that even small errors can cost them valuable deductions or even put them at a higher risk for an audit. A recent reminder from the Int...
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
Taxpayers who have difficulty getting their returns in order by April 15 have the option of filing for an extension, as do business owners who may have far more paperwork and regulatory matters to go ...
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
The Internal Revenue Service has taken a number of steps this filing season to make things as easy as possible for taxpayers who may be rushing or experiencing stress as they try to finish up in time ...
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
The Internal Revenue Service has announced a new tax credit aimed at helping more employees of small businesses get health insurance coverage. The credit is part of the sweeping health care reform leg...
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
When tax filing season comes around, many people scramble to get their personal documents together, including the previous year's return and in many cases, older ones. However, this can also invite qu...
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
When filing season comes around, people often find out that the decisions they make about retirement savings can also have tax implications. The most common example in this area is the question of whe...
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014