96.5 KVKI » tax

You May Not Be Friends With the IRS, But They May Be Looking at Your Facebook Profile

Steve King — Tue, 09 Apr 2013 20:44:58 +0000

So let's just say that your went on a vacation and you MAY have written it off as a business expense. After all, you did tell your wife or girlfriend that you like your job. If that's the case, you may not want to post those pictures of you and her on the Tea Cups at Disneyland. It looks like someone finally told Uncle Sam about Facebook.

Tax Tip: Extensions and Payment Options

Mary Martin — Mon, 16 Apr 2012 21:15:56 +0000

With the income tax season winding down, the IRS wants to remind taxpayers how to request some extra time to file their return and the options they have to pay their tax bill.

If you need more time to file your return, you can get an automatic six-month extension of time to file from the IRS. You must file for an extension by the April 17 deadline. An extension will give you extra time to get your paperwork to the IRS, but it does not extend the time you have to pay any tax due. You will owe interest on any amount not paid by the deadline, plus you may owe penalties. To get an extension:

Less People are Spending Their Tax Returns on Vacations

Mary Martin — Mon, 19 Mar 2012 16:15:51 +0000

Getting extra cash from Uncle Sam should mean you get to do something extra special right? Maybe even go on a vacation. Sadly only 10% of American's are planning to use their federal or state tax refunds to pay for a vacation. That's down from 20% just last year.

United Nations Supports Junk Food Tax

Mary Martin — Mon, 12 Mar 2012 20:10:06 +0000

The United Nations in the past has been mostly concerned with the distribution of food to where there is starvation and famine. Now, the UN is supporting a junk food tax that could effect those countries where food is in abundance.

MC Hammer Reportedly Owes $700,000 in Unpaid Taxes

Scott Shetler — Mon, 12 Dec 2011 20:22:53 +0000

MC Hammer‘s money woes just will not go away. TMZ says the U.S. government is suing the ‘U Can’t Touch This’ rapper and his wife for $779,585 in back taxes. The taxes are reportedly from 1996 and 1997, a time when Hammer was famously struggling with debt. TMZ adds that the government could attempt to [...]

Countdown To April 18th, Tax Day

Rick Taylor — Tue, 12 Apr 2011 14:59:21 +0000

Remember when your mother scolded you for running up the stairs two steps at a time? “Slow down,” she would say. “You’re going to trip and hurt yourself.” Taking it step by step will get you there almost as quickly with much less chance of a painful fall.

As usual, mom was right. And her wise words are just as applicable to your tax filing tasks.