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Tax Lounge Blogs

Is This Your First Father’s Day?

I think the sweet grandmother in the movie Parenthood said it best, “Your grandpa took me on a roller coaster… Up, down. Up, down – oh what a ride. It was just interesting to me that a ride could make me so frightened, so scared, so sick, so excited and so thrilled all together.

Posted To: Tax Mommy's Blog By: Stephanie Brenneman on 6/13/2013 12:43:18 PM

Summer Camp, it not only keeps them busy, it could be a tax deduction as well!

As the school year winds down, many parents may be arranging child care for their young children. The summer months can be a particularly challenging time for cash-strapped parents, because the costs of summer camps or day care can be expensive.

Posted To: Ramblin Randall By: Ramblin Randall on 6/12/2013 3:12:43 PM

Prepare yourself for the tax implications of forgiven debt

Borrowers who are struggling to pay off mounting credit card bills, loans or their mortgage may consider debt forgiveness programs, bankruptcy or foreclosure as a last resort. These options - some

Posted To: Tax Ranger's Blog By: Tax Ranger on 5/30/2013 9:45:49 AM

The tax rules of renting your home for the summer

Many Americans with a second home enjoy the flexibility they have traveling between the two properties and spending certain seasons in their favorite locations. During off-seasons, however, ho

Posted To: Tax Ranger's Blog By: Rachel on 5/28/2013 8:58:54 AM

Remember, Reflect, and Respect

Yes … Memorial Day may be known for its great retail sales, family cookouts, and the day the pool opens, but the holiday itself deserves the utmost respect and honor. Coming from a family of war veterans spanning 3 generations, Memorial Day holds a special place in my heart.

Posted To: Ramblin Randall By: Ramblin Randall on 5/24/2013 11:12:45 AM

Deciding what to do with an old 401(k)

When individuals leave a company for a new opportunity, many leave their employer-sponsored 401(k)s behind. The reasons for doing so may range from confidence in the company's investment strate

Posted To: Tax Ranger's Blog By: Tax Ranger on 5/24/2013 9:22:52 AM

Nearly a third of Americans enjoy tax season(2)

Tax season is commonly regarded as a period of dread and anxiety for Americans, and many people admittedly say that filing their taxes brings on a great deal of stress. However, a large percentage

Posted To: Tax Ranger's Blog By: Internal on 5/15/2013 10:05:44 AM

Should you keep old tax returns?(2)

After the end of filing season, many people receive a copy of their returns from their tax preparer and file them away in a

Posted To: Tax Ranger's Blog By: Internal on 5/15/2013 10:05:43 AM

Do teens have to pay taxes on summer job earnings?

Most high school and college students anticipate the money they will earn working typical summer jobs, which range from babysitting and moving lawns to working part-time at their local restaur

Posted To: Tax Ranger's Blog By: Rachel on 5/13/2013 10:25:49 AM

Tax Deductions for Educators

The school year is almost over, and most schools have set aside this week to honor the hard work and dedication of our educators.  The work of a teacher never ends so this recognition is well deserved.

Posted To: Tax Mommy's Blog By: Stephanie Brenneman on 5/10/2013 10:32:48 AM