99.9 KTDY » income tax

Undocumented Workers Receive Millions In IRS 'Loophole'

JayCee — Fri, 26 Apr 2013 10:00:18 +0000

When I first watched this video, I was shocked. Half-way through the second viewing, I was seething. Via a ‘loophole’ in the IRS tax code, undocumented workers are able to use the “Additional Child Tax Credit” to claim children WHO ARE NOT EVEN LIVING IN THE UNITED STATES on their taxes!! Sometimes these ‘loopholes’ allow [...]

Last-Minute Tax Tips: Filing an Extension, Payment Plans, What Happens if You Don't Pay

Chris Chaberski — Mon, 15 Apr 2013 18:55:41 +0000

Today, April 15, is Tax Day, and while most of you have filed your 2012 returns, surely some of you out there are going down to the very last minute … or maybe even a bit beyond. Here are a few important reminders: You can file for an extension, but you still have to pay [...]

IRS Warning — 12 Scams to Watch Out For This Tax Season

Chris Chaberski — Fri, 29 Mar 2013 05:21:07 +0000

The IRS has issued its annual warning about the “Dirty Dozen” schemes out there—ways that certain disreputable folks will try to steal your money or methods people use to hide financial information from the tax agency. Here’s what IRS Acting Commissioner Steven T. Miller had to say: This tax season, the IRS has stepped up its efforts to [...]

IRS Apologizes for Pricey Star Trek Training [VIDEO]

Debbie Ray — Mon, 25 Mar 2013 18:43:27 +0000

The Internal Revenue Service apologized on Friday after being questioned about the use of taxpayer money to produce a video parodying 'Star Trek.'

Is Your Unclaimed Tax Refund Among the $1 Billion Being Held by the IRS?

Chris Chaberski — Sun, 17 Mar 2013 05:23:29 +0000

There are still a few weeks left to file your 2012 tax return, but April 15 of this year marks another important deadline for taxpayers: it's your last chance to file for a refund on your 2009 taxes.

Do You Have Unclaimed Money Coming To You?

Steve Wiley — Wed, 15 Aug 2012 15:50:21 +0000

The Louisiana Department of Revenue says there is $4.4 million in unclaimed tax refunds. Officials say they’ve notified more than 7,000 taxpayers that they have until Aug. 24 to claim their refund. Money not claimed by that date will revert to the Unclaimed Property Division of the state treasurer’s office. Taxpayers who wish to claim [...]

How Dangerous Is It to Drive on Tax Day?

Shauna Wright — Sun, 15 Apr 2012 09:33:40 +0000

Benjamin Franklin once wrote, “In this world nothing can be said to be certain, except death and taxes.” And the two may be even more closely linked than we thought — a new study shows fatal car crashes rise on April’s annual tax deadline day.

Does the IRS Owe You Money? Find Out!

Debbie Ray — Tue, 24 Jan 2012 13:25:00 +0000

Louisiana State Treasurer John Kennedy is reaching out to Louisiana residents whose income tax refunds from years past are waiting to be claimed. Kennedy is advising Louisiana residents to check out the refund list at facebook.com/LouisianaTreasury. He says just over a million dollars in refunds are still owed to more than 1300 Louisiana taxpayers. It’s [...]

This Day in History for July1 – Sony Walkman Introduced and More

Shauna Wright — Fri, 01 Jul 2011 07:00:32 +0000

Here’s a look at some interesting events that took place on this day in history:

1863 – The Battle of Gettysburg begins (More info)

1943 – Income tax withholding begins in the United States (More info)

12 Common Tax Filing Mistakes to Avoid in 2011

CJ — Wed, 23 Mar 2011 03:14:51 +0000

Knock Knock...Uncle Sam Calling

Let's face it: For many taxpayers, Tax Day is a major source of stress. Worries over whether you can file your return on time, pay what you owe and avoid an audit can rattle even the calmest of nerves and cause you to make a mistake. Mistakes on your tax return can cause a delay in processing your return, which may result in a delay in getting your refund.