News

Request state tax filing extensions before the May 15 filing deadline

Source: rev.louisiana.gov - May 1, 2012

BATON ROUGE - Louisiana taxpayers who need more time to file their 2011 state individual income tax returns must request an extension on or before the May 15, 2012, due date. Visit... Read more >

Category: Louisiana

The Deadline's Passed. Now What?

Source: irs.gov - Apr 18, 2012

The tax filing and paying deadline has come and gone, but many people may have leftover business to sort out. Click on the underlined items for additional information. [NOTE FROM LARRY'S: IF YOU... Read more >

Category: IRS

Taxmageddon coming? Answer could cost Americans $500 billion

Source: foxnews.com - Apr 18, 2012

As many Americans were scrambling to get this year's taxes done, analysts were warning about a bigger tax day -- what some call a tax Armageddon, or "Taxmageddon," to characterize its potential... Read more >

Category: IRS

Last minute tax filers get curbside service at main post office

Source: fox8live.com - Apr 15, 2012

New Orleans, La. - Last minute tax filers will have the convenience of curbside service at the main post office in New Orleans. The deadline for filing tax returns is midnight on Monday, April... Read more >

Category: General Business

Last-Minute Reminder to Parents and Students; Don’t Overlook College Tax Benefits

Source: irs.gov - Apr 15, 2012

IR-2012-46, April 11, 2012 WASHINGTON — The Internal Revenue Service today reminded parents and students rushing to meet this year’s April 17 deadline to be sure and check out several... Read more >

Category: IRS

E-Pay Options Available to People Facing April 17 Deadline; Penalty Relief for Unemployed Taxpayers; Expanded Payment Plans for Those Who Can’t Pay

Source: irs.gov - Apr 15, 2012

IR-2012-47, April 13, 2012 WASHINGTON — The Internal Revenue Service today reminded taxpayers that 2011 federal income tax returns, extension requests and tax payments are due by April 17, 2012.... Read more >

Category: IRS

IRS Has Backlog In Offers Of Compromise

Source: tax-news.com - Apr 15, 2012

by Mike Godfrey, Tax-News.com, Washington 15 April 2012 The Treasury Inspector General for Tax Administration (TIGTA) has found that efforts by the United States Internal Revenue Service (IRS)... Read more >

Category: IRS

5 signs of a lousy tax preparer

Source: money.msn.com - Apr 10, 2012

You don't always get what you pay for when you hire someone to do your taxes. Here's how to avoid the likely lemons. Taxes are hard enough without having to deal with a lousy -- or worse,... Read more >

Category: General Business

Texas jury slaps $195 million penalty on TaxMasters, CEO Cox

Source: news.yahoo.com - Apr 5, 2012

(Reuters) - A Texas jury voted to slap $195 million in civil penalties on Friday against the tax advisory firm TaxMasters and its CEO Patrick Cox, who were accused by the state of defrauding... Read more >

Category: IRS

Taxable events you didn't know you were creating

Source: wlox.com - Apr 5, 2012

By Angie Mohr Even if your tax situation is fairly mundane and you have your taxes withheld at source, there are some events in your life that can generate taxes. Understanding the tax... Read more >

Category: IRS

IRS YouTube Videos Offer Last-Minute Help for Taxpayers

Source: irs.gov - Apr 5, 2012

Thought this was kind of interesting: IR-2012-41, April 4, 2012 WASHINGTON — The Internal Revenue Service reminds taxpayers that IRS YouTube videos can help them with their taxes before the... Read more >

Category: IRS

Will BP Oil Spill Victims Pay Tax On $7.8B Settlement?

Source: forbes.com - Mar 25, 2012

The news release that BP reached a $7.8 billion settlement over its Deepwater Horizon oil spill could mean cash for many victims soon. It’s good news for BP too, although BP must still deal with... Read more >

Category: General Business

Standard deduction works well for some

Source: nola.com - Mar 25, 2012

Published: Sunday, March 25, 2012, 6:43 AM The Times-Picayune By The Times-Picayune I'm working on my taxes and am trying to figure out if it's in my best interest to itemize. Any thoughts?... Read more >

Category: IRS

Audit rates of millionaires nearly double

Source: money.cnn.com - Mar 25, 2012

NEW YORK (CNNMoney) -- The more money you have, the more the IRS wants you. Millionaires were nearly twice as likely to receive a tax audit last year as they were the previous year, according to... Read more >

Category: General Business

Just the facts about taxes

Source: money.cnn.com - Mar 25, 2012

Much of the debate in this election is about taxes -- how much we pay, who pays it, is the burden shared fairly. MONEY magazine separates truth from spin. Do half of us really pay no taxes?... Read more >

Category: IRS