tax lounge Blog - Page 11

Owing money for taxes is tough. It’s even worse when they add insult to injury by making you owe even more in IRS penalties. There are a number of such tax penalties out there, most of which can be av…

Are Uber drivers employees or independent contractors? This question is being debated lately in a number of court cases throughout the country. According to Uber, their drivers are independent contrac…

For a lot of people, getting bonuses at work is a blessing that also comes mixed with confusion. Anyone will agree that getting extra money from your employer is a welcome occurrence. However, the tax…

Did you know that if you don’t agree with a decision made by the Health Insurance Marketplace concerning you and the Affordable Care Act (ACA), you may be able to file an ACA appeal? Here are types of…

Although few people would admit they look forward to tax season, most of them do appreciate receiving their tax refund. In general, taxpayers receive their refunds within three weeks of filing their t…

According to the U.S. Department of Labor, 46.8 percent of the U.S. workforce in 2015 were women. Of the mothers who worked, 76 percent with children under 18 had full-time jobs. So in honor of Intern…

In 2015, Congress passed the most recent version of a bill for Protecting Americans Against Tax Hikes (PATH Act). Primarily known as tax extender bills, PATH Acts are generally used to extend tax cred…

The 2015 PATH Act implemented many important changes to the tax code that will have long-lasting effects. Here’s a list of frequently asked questions about the PATH Act along with answers.  Q: What…

The 2017 Open Enrollment Period (OEP) ended on January 31, 2017. For most people, this was the last day to enroll in an ACA-qualified health insurance policy for 2017. However, if you missed open enro…