IRS

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Tax Season This Year Brings Some Big Changes

The tax filing season officially opens on Tuesday, and this year there are a number of potentially big changes of which citizens need to be aware. For the first time under the Affordable Care Act, most Americans will have to certify that they had health insurance coverage in 2014 to avoid a tax penalty.

01/20/2015

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Minnesota Tax Filing Season Opens Jan. 20

The Minnesota Department of Revenue says taxpayers can start filing their Minnesota tax forms on Jan. 20. That’s the same day that the IRS says taxpayers can start filing their 2014 returns.

01/05/2015

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Man Gets 9 Years For Swindling Friend Out Of Life Savings

A Minneapolis man was swindled out of his life savings when he tried to help a friend in need. Investigators say Thomas Syzdek was going through a divorce and asked his friend, William Meredig, if he could stay with him.

08/29/2014

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Good Question: Why Can Companies Use Tax Inversion?

Burger King’s stock jumped 21 percent Monday on the news the company is in talks to merge with Canadian-based Tim Horton’s. The move is called tax inversion, a change in the location of its headquarters that would let the fast-food company pay fewer taxes in the U.S.

08/25/2014

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Man Pleads Guilty To Embezzling Army Funds To Buy Car, Tropical Home

A man pleaded guilty in a St. Paul federal court Thursday to theft and laundering of more than $400,000 from the United States Military, which he used to buy a car and a home in the Philippines. According to the U.S. Attorney’s office, Michael Craig Miller admitted to embezzling the money in 2006 from the United State Military Medical Material Agency while an employee of EXP Pharmaceutical in Fremont, Cali., a company which returns unused medicine back to vendors and manufacturers.

05/01/2014

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Countdown To Taxes Begins As April 15 Deadline Looms

The countdown is on. Taxpayers have until midnight Tuesday to get their taxes done. The IRS will receive about 135 million tax returns by the April 15 deadline. About 90 percent of those are now filed electronically. In a roundabout way, that’s helped cut down on the number of audits the IRS can conduct.

04/14/2014

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What Procrastinators Need To Know About Filing Their Taxes

According to the IRS, 20 to 25 percent of Americans wait until the last two weeks before the deadline to file their taxes. If tax time snuck up on you this year, here are a few tips to help you file.

04/07/2014

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Good Question ‘Reply All’: Apples, Donations & Escalators

Becca from Sartell asked: Why do we give an apple to a teacher? Some believe the apple is a symbol is knowledge. But others suggest that back in the 1800s, frontier families were responsible for feeding teachers and apples happened to be plentiful. The tradition continues even after families no longer fed teachers.

04/04/2014

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Reality Check: The Consequences Of Not Signing Up For MNsure

In Minnesota, at least one group opposed to Obamacare encouraged Minnesotans not to enroll and encouraged them to refuse to sign up on any website. Gov. Mark Dayton calls it inexplicable. “It’s been a barrage of criticism all the way. It’s been people cheering when it has problems. It’s been telling people not to enroll, which i think was very ill-advised,” Dayton said.

04/02/2014

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Advice For Successfully Getting A Small Business Loan

Even during challenging times, a small business with a sound strategy can obtain a loan.

03/17/2014

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Advice For Successfully Getting A Small Business Loan

Even during challenging times, a small business with a sound strategy can obtain a loan.

03/17/2014

(Photo credit: Thinkstock)

Buyer’s Guide: What To Look For In A New Digital Camera

When it comes to cameras, there is a wide array from which to choose. Consider these factors before making your next camera purchase.

03/17/2014

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Buyer’s Guide: What To Look For In A New Digital Camera

When it comes to cameras, there is a wide array from which to choose. Consider these factors before making your next camera purchase.

03/17/2014

(Photo credit: Thinkstock)

Tax Advice: Common Small Business Tax Filing Mistakes

Small businesses can innocently make tax mistakes that wind up racking up steep penalties. Consider these common mistakes before filing your taxes.

03/10/2014

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Tax Advice: Common Small Business Tax Filing Mistakes

Small businesses can innocently make tax mistakes that wind up racking up steep penalties. Consider these common mistakes before filing your taxes.

03/10/2014

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