Tax Lounge Blogs- Posts Tagged with Deduction

Every year, millions of Americans fret over the ways in which they're going to have to deal with their tax obligations as they get everything in order and fill out all the necessary documents. But in the rush to get everything done, many may also overlook potentially valuable deductions for which they are eligible but do not actually claim, and that can cost them as much as thousands of dollars per year.
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
Millions of Americans know that there can be significant tax benefits available to them if they know what they qualify for, but the knowledge gap is often a difficult one to overcome, and many taxpayers could leave large amounts of money on the table. One of the things that might benefit people most is looking into any deductions that are available for people of their station in life, because there might be more than a few.
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
Millions of people nationwide are in the final stages of putting together their tax information for 2013, but many maybe worried about the ways in which they will be able to reduce their liabilities. This certainly includes military families many, of whom may be living on relatively tight budgets, and could therefore use any tax break available to them. 
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
These days, many Americans are in the final stages of getting their annual tax filings together and want to make sure they're taking full advantage of the benefits being made available to them. Fortunately, there are many tax deductions consumers can claim no matter how much money they make.
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
When it comes to annual tax filings, this is officially crunch time, but Americans who are still scrambling to get all their documents in order and mailed in on time may want to take an extra hour or two to examine whether they're doing all they can to reduce their liabilities as much as possible, or maximize the size of their returns.
Posted To: Tax Lounge By: Tax Ranger on Thursday, December 04, 2014
The school year is almost over, and most schools have set aside this week to honor the hard work and dedication of our educators.  The work of a teacher never ends so this recognition is well deserved.
Posted To: Tax Lounge By: Stephanie Brenneman on Thursday, December 04, 2014
Commonly-overlooked tax deductions can be costly. Did you know you can deduct the fees you paid to a tax preparer? Did you know breast pumps may qualify for a tax deduction?
Posted To: Tax Lounge By: Stephanie Brenneman on Thursday, December 04, 2014
When you are the parent of two energetic boys, summer day camp can often become your best friend. There’s just one thing – the costs associated with camp can be extra challenging on the wallet. 
Posted To: Tax Lounge By: Stephanie Brenneman on Thursday, December 04, 2014
Getting a jump start on your next year’s taxes requires thought and planning. I know that taxes may be the last thing that you want to think about right now since April 15 just passed. However, it is the smartest move you could make.
Posted To: Tax Lounge By: Stephanie Brenneman on Thursday, December 04, 2014
I can’t believe that it’s time for Halloween again! I’m reminded every time I step into a retail store, get on my Facebook page, or drive by yards filled with carved pumpkins.
Posted To: Tax Lounge By: Miss Liberty Tax on Wednesday, December 03, 2014