Tax Lounge Blogs

DEADLINE APPROACHING   We got that out of the way.  Here’s the deal my friends.  The tax filing and payment deadline runs out on October 15th   That is coming up quick If you have filed an extension, we urge

Posted To: David Rocci Tax Rants By: David Rocci on Thursday, October 04, 2012

Congress held a meeting recently to discuss the capital gains taxes and how they might be reformed.  This is one of the great American debates and has major impacts, specifically on the wealthy, and can take a lot of time

Posted To: David Rocci Tax Rants By: David Rocci on Thursday, September 27, 2012

Is it interesting that when a “big bad corporation” does something to save on taxes being paid, we as the general public end up in rage. I truly find it humorous.  We, at Liberty Tax, spend countless hours each year

Posted To: David Rocci Tax Rants By: David Rocci on Sunday, September 23, 2012
When households are struggling to make ends meet, build savings and plan for retirement, being hit with a tax bill can hinder their goals. While Americans should never shirk their tax responsibilities
Posted To: Tax Ranger By: Tax Ranger on Thursday, September 20, 2012

Keeping up with identity theft requires diligence on the point of financial institutions, but it also helps when the average taxpayer uses some common sense as well. As tax related identity theft continues to increase, keeping thieves away is

Posted To: David Rocci Tax Rants By: David Rocci on Monday, September 17, 2012
A person's retirement years can be relaxing when they have planned accordingly and amassed enough wealth to keep them comfortable. However, one of the most overlooked aspects of retirement plannin
Posted To: Tax Ranger By: Tax Ranger on Wednesday, September 12, 2012
Americans who serve in the military often face travel and moving costs due to frequent relocations, experience long stints overseas and incur job-related costs. Although members of the armed forces ar
Posted To: Tax Ranger By: Tax Ranger on Monday, September 10, 2012

We get it Money is tight, the economy is bleak, and you are looking to make ends meet and pay off some debt. So, you have considered renting a room out and want to know the tax consequences.  You’ve come

Posted To: David Rocci Tax Rants By: David Rocci on Friday, September 07, 2012

Football season is near and that bring out the rookie and pro alike when it comes to sports gambling.  Whether it is fantasy football or your Super Bowl pool, you need to know that the IRS has some rules when

Posted To: David Rocci Tax Rants By: David Rocci on Wednesday, August 29, 2012
Many individuals who fell on hard times may have struggled to pay their mortgage or spent hours negotiating their credit card debt with their lender. If these scenarios resulted in a foreclosure or ca
Posted To: Tax Ranger By: Tax Ranger on Friday, August 24, 2012