Tax Lounge Blogs- Posts Tagged with Tiffany Dodson

Let’s start with the basics, like what is a W-4? A W-4 is a Federal forms that tells your employer how much federal tax to with-hold.  You can adjust your with-holding by changing your fil...
Several options exist for getting a tax break from education expense.  And, there is even a new one!  Sometimes with all of the options, it feels like you need a PhD to find the right educ...
So you are an employee (receive a W-2) and you have some business expenses required for your job, but your employer does not pay you for them.  Can you take them off of your taxes? For expenses ...
Once more, the government has extended the First Time Homebuyer's Credit.  What is important about this extension is that a taxpayer must have purchased the home before May 1, 2010- that portion ...
I remember my first visit to a tanning bed.  I was a sophomore in college and did not want my skin to appear day-glow white during spring break.  So, a few visits to the tanning bed turned...
Ahhh, school supplies, the smell of fresh books, and yellow buses on the road mean one thing....it is time for Tax School to start!  I know, most people say that there is no way that they would l...
Roth IRAs (Individual Retirement Arrangement) is a popular savings tool as it allows flexibility when withdrawing funds.  Additionally, a Roth IRA allows your money to grow tax deferred, or tax...
So you have a passion for shoes, panache for fixing things, or joy from cooking grandma's dessert recipes.  And you decide to fuel your passion/panache/joy, and pay your bills, by selling or sh...
Do you like jumping through hoops?  Filling out itemized deductions on a Schedule A is very similar.  Trying to figure out if you can itemize your taxes (Schedule A) is like jumping throug...
Ask any taxpaying adult one of their worst nightmares, and they will tell you it is an IRS Audit.  IRS Audits are the one lottery that no one wants to win.  Yet, every year, tax payers ar...