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Tax Lounge Blogs

Decode the Income Tax Code By Attending Tax School

Navigating the federal tax code can be a bewildering experience for the taxpayer. Pages of complex verbiage and multiple scenarios jumble together to create confusion and frustration as well as missed opportunities for tax breaks.

Posted To: Tax Mommy's Blog By: Stephanie Brenneman on 7/2/2012 2:17:07 PM

After your honeymoon—review your tax situation

 Wedding season is upon us and there is a ton of planning to do and one of the items that are probably pretty far down on the checklist is to prepare for tax season.  Uncle Sam has a plan and

Posted To: Tax Rants by David Rocci By: Rachel on 7/2/2012 1:12:34 PM

Are your documents safe in the case of an emergency?

 With the early start of this year’s hurricane season, the Internal Revenue Service encourages individuals and businesses to safeguard themselves against natural disasters by taking a few simple steps.   Create a Backup Set of Records Electronically  Taxpayers should keep a

Posted To: Tax Rants by David Rocci By: David Rocci on 7/2/2012 1:09:46 PM

Affordable Care Act = More Taxes per the Supreme Court

 Are you ready for the new taxes coming from the Supreme Court ruling on Obamacare?  If not, you need to get ready  The Affordable Care Act, also known as Obamacare, has been one of the heated aspects of President Obama’s

Posted To: Tax Rants by David Rocci By: David Rocci on 7/2/2012 1:03:55 PM

Summer Projects to Enhance Next Year's Tax Return

With the 2011 tax season now in the books, it's time to start thinking about maximizing tax deductions for next year's personal income tax return.

Posted To: Ramblin Randall By: Rachel on 6/19/2012 3:51:53 PM

Pay attention to capitals gains and losses

Investing in the stock market is one of the most common strategies individuals rely on to grow their wealth and bolster their retirement savings. However, when tax filing season rolls around, they hav

Posted To: Tax Ranger's Blog By: Tax Ranger on 6/12/2012 3:56:30 PM

School’s out for summer! Top 6 tax tips for starting a new job!

Summer vacation is finally here For some that means travelling with the family and for others it means that it is time to get to work   Summer jobs might be hard to come by, but if you are lucky

Posted To: Tax Rants by David Rocci By: Application on 6/11/2012 12:26:28 AM

Consider all your options when it comes to an old retirement account

Retirement planning is a lifelong process that most Americans take seriously. Shortfalls during an individual's golden years can make it difficult to cover basic needs, such as housing and food co

Posted To: Tax Ranger's Blog By: Tax Ranger on 6/8/2012 1:14:18 PM

IRS reduces office space to save $40 million

WASHINGTON — The Internal Revenue Service today announced a sweeping office space and rent reduction initiative that over the next 2 years will close 43 smaller offices and reduce space in many larger facilities. These measures will save more than

Posted To: Tax Rants by David Rocci By: Application on 5/25/2012 7:04:35 PM

Facebook wasn’t the only winner with its IPO

I don’t know if you have heard of this website called Facebook.  It is really quite simple in that people mingle to share photos, updates on their lives, play games, and oh, by the way, there are a few advertisements.

Posted To: Tax Rants by David Rocci By: David Rocci on 5/25/2012 6:48:52 PM