99.9 KTDY » taxes

Tax Free Weekend for Hurricane Prep Supplies

Debbie Ray — Wed, 22 May 2013 11:04:19 +0000

Saturday May 25 and Sunday May 26 are days when you will not have to pay the four-percent state sales tax on items ranging from batteries to generators

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 [...]

What's More Important To Lawmakers – Tax Reform Or The La. Budget?

Brandon Comeaux — Wed, 10 Apr 2013 05:10:30 +0000

Now that La. Gov. Bobby Jindal (R) has scrapped his tax swap plan, instead leaving it up to legislators to figure out how to handle getting rid of the personal income tax, what's next?

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.

Louisiana Second Amendment Sales Tax Holiday is This Weekend

Debbie Ray — Thu, 06 Sep 2012 09:48:38 +0000

This Friday, Saturday and Sunday, September 7-9, 2012, residents can buy guns, ammunition and hunting gear without paying any state sales tax during the Louisiana Second Amendment Sales Tax Holiday. The full list of eligible items is available on the Louisiana Department of Revenue's website.

Pay 1 Dollar, Get 10 Back From The US Government

CJ — Thu, 09 Aug 2012 21:47:58 +0000

Only in the United States can a person pay 1 dollar into the system and get 10 back from our government. And guess where the money comes from…YOU! Being poor in the US is big business these days. A whooping 47% of Americans are now dependent on federal help in some way. This video from [...]

'Bar Stool Economics' Helps Explain American Taxes

JayCee — Wed, 25 Jul 2012 20:00:16 +0000

This ‘Bar Stool Economics’ story, in a very, very simplified manner, helped me to understand our tax system. I do understand that there are so many codes/laws/loopholes/deductions/brackets and other what-nots that there is NO simple way to explain ALL of our tax system, but this ‘story’ helped me see the “big picture” of how things [...]

Louisiana Sales Tax Holiday is August 3 – 4

Debbie Ray — Tue, 24 Jul 2012 18:05:02 +0000

Make plans now to do some back-to-school shopping next weekend. Louisiana’s upcoming state sales tax holiday will be Aug. 3-4, 2012! The exemption applies to the first $2500 of the purchase price of each eligible item. Most retail purchases are eligible. Click here to learn more about the sales tax holiday, visit the Department of Revenue’s [...]

California Mulls a $1 Tax on Cigarettes — Do You Support the Idea? [VIDEO]

Carl Pettit — Tue, 05 Jun 2012 09:21:02 +0000

Some people really like to smoke, while most who do are simply addicted to nicotine and can’t stop. And then there are those who hate cigarettes, smokers, smoke and the smell that comes with smoking, not to mention the enormous health problems and financial costs associated with this vice. As far as smokers go, the [...]

IRS Loophole Will Make Some Rich, Are You One Of The Lucky? [VIDEO]

CJ — Fri, 11 May 2012 04:05:16 +0000

An IRS loophole is making some people rich, but where does the money come from? From those of us who don't get to cash in, that's where.

There is an enormous amount of people here in the United States getting rich off the American government, and this video will either explain to you how to do it or make you flamin' mad.

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.

Eight Things To Know If You Get a Letter from the IRS

Debbie Ray — Sun, 15 Apr 2012 09:10:04 +0000

First of all, if you haven't filed yet, don't panic! You have until Tuesday, April 17, to file your 2011 tax returns and pay any tax due because April 15 falls on a Sunday, and Emancipation Day, a Washington D.C. holiday, falls this year on Monday, April 16, so we have two extra days to file this year.

12 Ways You Can Tell That You Need a New Accountant

Danny Gallagher — Sun, 08 Apr 2012 20:00:46 +0000

The deadline to pay for your taxes is just a couple of weeks away and if that’s a surprise to you, perhaps you should stop reading now and start looking in the phone book for an accountant who owns a calendar (or at least gives you a free one when you pay him). Fortunately, it’s [...]

Taxpayers Upset Over Paying Security Bill for Whitney Houston's Funeral

Trent Fitzgerald — Sun, 08 Apr 2012 16:00:16 +0000

Taxpayers in Newark, N.J. are not too happy to learn that they will have to pay the bill for extra security that was provided for Whitney Houston‘s funeral last February. According to CBS 2, the city racked up $187,000 in police overtime during the pop icon’s funeral service.

Should Soft Drinks and Other Sugary Drinks Be Taxed? — Survey of the Day

Jeremy Taylor — Thu, 22 Mar 2012 06:49:49 +0000

Much like cigarettes and alcohol are taxed, there is a movement afoot to levy similar charges on soft drinks and other sweetened beverages. As it stands, 33 states have some form of sales tax that is added to soda and other sugar-based drinks. And more and more places are trying to jump on the “soda tax” train, including New [...]

IRS Releases List of States in America With Most Millionaires

Mithun Divakaran — Sun, 18 Mar 2012 09:00:41 +0000

In case you ever wondered where all the rich people lived, for hunting purposes, here is a handy little list released by our friends at the Internal Revenue Service. The list factors in the number of individuals with a minimum net worth of $2 million and also the percentage of millionaires in proportion to each [...]

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 [...]

10 Crazy Work Expenses Employees Tried to Write Off

Shauna Wright — Thu, 19 Jan 2012 21:24:25 +0000

Expense reports usually have the standard boring stuff — hotel rooms, gas, cab fares, client dinners and the like. But Robert Half Management Resources has evidence of creativity within the work force. Paul McDonald, senior executive director at RHMR, said that the more outrageous items highlight the need for companies to be clear about what [...]

Louisiana Law Says You Must Pay Tax on Online Purchases

Debbie Ray — Wed, 30 Nov 2011 18:09:06 +0000

Did you know that if a website doesn’t charge you tax, you are supposed to pay it yourself when you file your taxes? It’s true. The Louisiana Department of Revenue reminds shoppers that ‘online’ does not mean ‘tax-free’. Louisiana’s Consumer Use Tax applies to transactions in which the retailer does not charge sales tax. This [...]