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Tax Ranger's Blog- December 2011

Have the necessary documentation before claiming these deductions

Tax deductions are a common and financially advantageous method individuals use to lower their tax liability, but certain tax breaks may attract the attention of the IRS more so than others. This is l

Posted To: Tax Ranger's Blog By: Tax Ranger on 12/19/2011 1:04:41 PM

Forgiven debt may impact your income taxes

Consumers who negotiate a debt forgiveness deal with their credit card lender may feel a sense of relief after the agreement is finalized, but many may find that they have a larger tax bill during fil

Posted To: Tax Ranger's Blog By: Tax Ranger on 12/14/2011 1:18:58 PM

Helpful tax deductions for young adults

Many young adults struggle to make ends meet their first few years after graduating college. Some may be making an entry-level salary and trying to carry the costs of rent, auto payments and student l

Posted To: Tax Ranger's Blog By: Tax Ranger on 12/12/2011 1:53:37 PM

Make sure tax contact and identification details are accurate

Most taxpayers go through the details of their income tax returns with a fine-tooth comb before submitting them to the IRS. But many individuals are less diligent when it comes to reviewing the basic

Posted To: Tax Ranger's Blog By: Tax Ranger on 12/6/2011 1:00:02 PM
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