NORTHLAND'S FAVORITE HITS » taxes

IRS Follows You On The Internet

Steve Tanko — Thu, 11 Apr 2013 19:30:51 +0000

Here’s something to think about before you go online and before the upcoming April 15th tax deadline: The Internal Revenue System has gone high-tech in the digital age, tracking your movements online in an effort to snuff out tax evaders. Consumers are already familiar with Internet “cookies” that track their movements and send them targeted [...]

Little Known Facts About Something Everyone Dreads or Hates, TAXES

Chris Allen — Thu, 11 Apr 2013 06:31:58 +0000

A tax (from the Latin taxo; "I estimate") is a financial charge or other levy imposed upon a person by a state or governing body. According to Black's Law Dictionary, a tax is a "pecuniary burden laid upon individuals or property owners to support the government. In one place I read that it is not a "voluntary donation, but a forced payment".

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

Chris Chaberski — Fri, 15 Mar 2013 13:23:29 +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.

You Might Be Getting Scammed Out Of Your Tax Return Right Now, Shockingly Easy

Chris Allen — Wed, 06 Mar 2013 05:42:43 +0000

You could be getting scammed out of your tax returns, and your identity. A new gang that started in Florida has been stealing social security numbers and using them to fill out fake tax returns and collecting the money. The worst part is, it was easy. According to the government, the reason it worked for [...]

How to Stop Identity Thieves From Stealing Your Tax Refund

Chris Chaberski — Wed, 13 Feb 2013 16:30:54 +0000

Last week, the Internal Revenue Service announced that it had targeted about 400 identity thieves across the country. The thieves were using stolen Social Security numbers to file false tax returns and then claim the refunds.

How To Reduce The Impact Of The Social Security Tax Increase

Steve Tanko — Mon, 11 Feb 2013 16:00:10 +0000

At the end of 2012, President Obama increased the Social Security Tax by 2% – meaning that your take-home paychecks in 2013 are less than they once were. The move happened without much fanfare, but many Americans have been wondering what they can do to counter the loss of income. The experts at the Dollar [...]

Free Tax Preparation For Qualifying Northwestern Wisconsin Residents

Steve Tanko — Thu, 31 Jan 2013 17:46:06 +0000

Residents who live in Northwestern Wisconsin and meet certain income guidelines can get free tax preparation help from the Northwest Wisconsin Community Services Agency, Inc. To qualify for the free service, you must be a full year Wisconsin resident making less than $49,000 a year. For more information, contact 715-392-5127 or email taxassistance@northwest-csa.org For

Obama's News Taxes Expected To Hurt The Restaurant Industry In A Major Way

Steve Tanko — Wed, 16 Jan 2013 22:50:35 +0000

Observers close to the food and restaurant industry are watching their bottom line shrink, with profits expected to be lost due to new taxes that went into effect on January 1st. With Obamacare putting a halt to hiring and forcing some managers to cut staff and hours, the industry was already forecasting a pale 2013. But now with the reversal of the payroll tax holiday that eats an additional 2% from employees take-home check, the companies and supervisors that manage the nations biggest restaurant chains are fearful for what that will mean for their bottom line. Rising gas prices don't help, either.

Volunteers Needed To Provide Tax Prepation Services In Northwestern Wisconsin

Steve Tanko — Mon, 10 Dec 2012 17:40:31 +0000

The Tax Assistance Program in Northwestern Wisconsin is looking for volunteers to staff their free tax return services in the coming tax year. Prior experience is preferred, but not necessary; Training is provided. The agency is also looking for greeters and interviewers as well. Interested individuals should contact Jo at 715-392-5127. The Tax Assistance Program [...]

Not So Fast: Obama's Spending Plans Will Raise Middle Class Taxes According To Watchdog Group

Steve Tanko — Fri, 09 Nov 2012 23:35:48 +0000

It may have sounded good in theory, but a non-partisan watchdog group has released their findings that Obama’s pledge to not raise taxes on the middle class doesn’t hold water. A new study by Douglas Holtz-Eakin of the American Action Forum finds that President Barack Obama’s spending plan would raise taxes on the middle class. [...]

Take Part in Duluth City Government; City Finance Forum Set For Tuesday November 6th

Steve Tanko — Tue, 30 Oct 2012 18:00:34 +0000

The 2013 budget for the City of Duluth is being locked in and this is your chance to make your concerns heard. Join Mayor Don Ness at a forum to discuss the cities finances. At the center of the debate will be a proposed $230,000 increase to fund two additional staff in the business development [...]

Higher Taxes and Higher Prices Are Coming in 2013 — Dollars and Sense

Mike Adams — Mon, 29 Oct 2012 17:15:16 +0000

Regardless of the American economy’s checkered enthusiasm, it appears as if consumers are currently aboard the fast track to higher taxes and rising prices on things like health care and grocery items scheduled to come around at the turn of the new year.

Shred-A-Thon Event Helps Destroy And Recycle Your Old Papers And Documents

Steve Tanko — Thu, 25 Oct 2012 17:14:18 +0000

It’s a safety issue. If you have old papers, receipts, bank statements, medical records, checks, tax returns, etc – you shouldn’t just throw them in the trash — they need to be shredded to prevent criminals from obtaining your personal information. An event that’s coming on Saturday, November 3rd will help to make it easy [...]

Prince Runs Into Tax Trouble With IRS

Rayman — Thu, 20 Sep 2012 17:45:36 +0000

I'm going to take what I'm sure is an unpopular view on this story and defend Prince. Songwriters, musicians, actors etc. are just that. Their call in life is to perform and entertaine period. If you asked Prince (or any other major star) what his net worth is, or what he owes in taxes, he wouldn't have a clue. What he would do is make an appointment with his managers, and accountants to find out.

Low Tax Rate, Refund For Obama

Steve Tanko — Thu, 19 Apr 2012 15:36:28 +0000

I thought that millionaires were supposed to pay more in taxes? Barack Obama’s tax returns are public information and inquiring eyes have noticed two things: His effective tax rate is lower than the 30% he proposes and he’s also getting a very large tax refund! That’s right, the Internal Revenue Service owes Barack and Michelle [...]

7 Red Flags For Government Audit

Chris Allen — Thu, 05 Apr 2012 19:04:02 +0000

I’m busy finishing my taxes and looking for anything that will help me. I read that most people don’t turn in their taxes till the last few days, so if you are like me and still working on them. Here’s some tips. Taxpayers overall face a low audit risk: The IRS audited 1.1% of all [...]

What Do You Plan On Doing with Your Tax Refund? — Survey of the Day

Jeremy Taylor — Wed, 14 Mar 2012 14:45:23 +0000

The good news is that 67 percent of Americans expect to to get a refund from the IRS this year. The bad news is that much of this money is going to be spent taking care of other debts, rather than be used for something fun. According to a Taxsoftware.com survey of 1,005 adults, 29 [...]

10 Crazy Work Expenses Employees Tried to Write Off

Shauna Wright — Fri, 20 Jan 2012 19:24:25 +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 [...]

Obama Taxes Christmas Trees

Steve Tanko — Wed, 09 Nov 2011 17:36:36 +0000

With a feeble economy that’s threatening to derail the Christmas plans of many families across America comes this piece of news: The Obama administration has imposed a 15-cent tax on Christmas trees. According to the Obama administration this “board” is to run a ‘“program of promotion, research, evaluation, and information designed to strengthen the Christmas [...]

Higher Taxes Could be Used To Curb America's Junk Food Obsession

Steve Tanko — Mon, 25 Jul 2011 20:56:02 +0000

…Or, so says a new study published by the New York Times. File this under the current “Far-Reaching-Scope” of the U.S. Government. The answer, for New York Times food columnist Mark Bittman, is obvious: Put the government in charge of what people eat. And not just any government: Our diet dictator, he writes, “should be [...]