Tax Ranger

Every year, consumers are likely on the lookout for many different ways in which they can reduce their ongoing tax liabilities, and one of the best they can usually find is by making sure to take advantage of the charitable donation deductions made available by the Internal Revenue Service.
Posted To: Tax Ranger By: Tax Ranger on Tuesday, October 28, 2014
When it comes time to pay their taxes, many Americans are always trying to find ways to reduce their liabilities, and the most common way to do this is often via deductions. However, there are many kinds of deductions for which the average person may be eligible that they don't even know about, and as such it might be wise for them to take some time to think about whether they should itemize.
Posted To: Tax Ranger By: Tax Ranger on Tuesday, October 28, 2014
Tax filing season can be a trying time for many Americans, often because they're concerned about filing all their documents correctly. And while many may catastrophize the impact of a mistake on their documents to an extreme degree, the fact is that there can be some serious fallout for those who are particularly cavalier.
Posted To: Tax Ranger By: Tax Ranger on Tuesday, October 28, 2014

Many Americans are fully aware that getting married will have a profound impact on their lives in a large number of ways, but one which they might not always consider is that it typically reduces a person's tax liabilities significantly. 

Posted To: Tax Ranger By: Tax Ranger on Wednesday, August 20, 2014
If the IRS decides to audit a taxpayer, the first thing that usually happens is an audit letter is received in the mail. Some taxpayers may feel that an audit is a personal attack from the IRS, when the reality is their selection could be as simple as a computer pulling their number.
Posted To: Tax Ranger By: Tax Ranger on Wednesday, July 02, 2014

Many Americans make the very wise choice to seek tax advice at some point in the year, usually once filing season rolls around. However, what they may not know is that there are many rules related to what constitutes tax advice in certain situations, and as such, the Internal Revenue Service is often quite careful in issuing guidance on this front.

Posted To: Tax Ranger By: Tax Ranger on Tuesday, June 17, 2014

These days, many Americans may do a lot of business within the borders of the U.S., but also outside them as well. As a consequence, these people may have many different types of income, coming to them from various parts of the world, and they may need to keep in mind that all income is taxed in this regard, no matter what.

Posted To: Tax Ranger By: Tax Ranger on Tuesday, June 17, 2014

These days, many Americans take part in the stock market and other types of investment in a number of different ways, and the fact of the matter is that no one approaches these efforts the same way. As such, it might be wise for most to take a careful look at the ways in which their investments will impact their tax liabilities at the end of every year, and see what they can do to reduce them going forward.

Posted To: Tax Ranger By: Tax Ranger on Saturday, June 07, 2014

Many people recognize Memorial Day weekend as the beginning of summer, as the beaches are filled up with lawn chairs, coolers, and a constant mist of sunscreen. But as everyone celebrates the end of the school year and the start of summer, we should also remember the true meaning of Memorial Day – which is often forgotten and sometimes not even known. 

Posted To: Tax Ranger By: Tax Ranger on Friday, May 23, 2014

When it comes to tax planning, the way in which most Americans seem to approach it these days is by simply waiting until the next year rolls around, and then starting to work at a furious pace from January to March or even April. However, the more judicious option is the one most people learn when they're young: Slow and steady wins the race.

Posted To: Tax Ranger By: Tax Ranger on Wednesday, May 14, 2014