tax lounge Blog - Page 5

You’ve submitted your tax return for the year, so now what do you do? Instead of shoving all your records into a disheveled pile in a closet, now is a good time to get organized. Here are some tips on…

Tax Day 2019 is right around the corner! If you don’t know what Tax Day is, it’s the last day to file your 2018 income tax return without incurring a penalty if you owe taxes. It’s also a day where ma…

With April’s tax deadline so close now, many people are scrambling to make sure they have everything in order to pay their taxes. The IRS estimates that almost one third of American taxpayers file the…

This year’s IRS Dirty Dozen list is out, and it covers the most common tax scams of calendar year 2019. Considering the IRS’ resources and vigilance, these shortcuts, loopholes, and tricks aren’t wort…

Although nearly 200 million Americans file tax returns every year, not everyone has to. But new tax laws and other filing requirements may have changed whether some of these citizens who haven’t had t…

Right now, many of our favorite retailers are going out of business left and right and having massive liquidation sales — first Toys R’ Us, then Payless, and now most recently, Charlotte Russe. Whethe…

For the 2018 tax season, the deadline to submit your tax return is April 15, 2019. But what if that’s not enough time? What if you’re out of the country or have other reasons — such as illness, moving…

The Super Bowl is behind us, and March Madness is coming up fast, so we're smack in the middle of the two largest gambling-related events of the year. And with warmer days on the horizon, spring means…

Ever since the Tax Cuts and Jobs Act went into effect last year, there's been much speculation about how it would change taxpayers' take-home pay and tax refunds. Now that tax season is here, we're be…