tax lounge Blog - Page 3

Many individual tax filers are adjusting their approach now that the realities of the TCJA (Tax Cuts & Jobs Act) of 2017 are in sharper focus; some trusted deductions are harder to take advanta…

With so many forms to complete and numbers to keep track of, tax preparation can quickly become a stressful, time-consuming activity—testing the limits of your patience and taking time away from what’…

Tired of asking ‘Where’s My Refund?’ If you’ve filed your federal tax return and would like to stay updated on your IRS refund status, we can help.  Here are 5 tips for tracking your 2019 refund…

Ever ask yourself: how do I calculate my tax refund? If you’re wondering how much the IRS owes you, it’s best to start collecting information—particularly on what you’ve made (income), what you’ve pa…

If you’re self-employed, you’re probably all-too-aware of the pain that comes with filing business taxes. As an independent contractor, you not only face a significant tax burden from the IRS, but als…

Spring 2019 marked the first tax season where individual filers had to negotiate some different rules regarding investment-specific interest and taxes. Did you see an impact or a change? As a refreshe…

Figuring out how to minimize the amount Uncle Sam will take from your retirement money is a cornerstone of your retirement planning. Yes, you will likely be in a much lower tax bracket as a retiree, b…

Extreme weather on the rise? Hurricanes in Florida. Hailstorms in Colorado. Fires in California. If it seems like severe weather is on the rise, you’re not imagining things: NOAA’s National Centers …

Tax time should be a checkpoint to assess your long-term financial plans No matter what stage of life you’re in, tax time can be more than an opportunity to maximize a refund; it’s also a good time t…