IRS

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Newlywed? Whether To File Separately Or Jointly

Newlyweds are often confused about the best type of filing for their particular situation as well as the legalities involved. If you want to enjoy the lowest tax rate possible, you’ll need to do your homework, starting with these considerations.

03/03/2014

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Should You E-File Or See A Tax Specialist For Your Returns?

When it comes to figuring your taxes, should you rely on software or turn to a pro?

03/03/2014

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Tax Tips For Retirees

With careful planning, you may find yourself paying the IRS much less than you have in years past.

03/03/2014

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Good Question: Who’s Looking At Our Taxes?

Every year, the IRS receives 240 million tax returns. The Minnesota Department of Revenue processes 2.7 million returns. On Friday, WCCO viewer Brian from Shakopee was surprised when both the state and federal governments approved his filing within hours. He has a Good Question for us: Does an actual person actually read over tax forms, or does a computer program scan it for errors? According to Terri Steenblock, the assistant commissioner of individual taxes with the Minnesota Department Revenue, the answer can be both.

02/24/2014

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Should You File Your Own Taxes?

We are just a few days into tax filing season. Though most people probably haven’t gotten their taxes done quite yet, WCCO took look into answering one of the most common questions. Tax season was delayed a few weeks, but the deadline is still April 15.

02/04/2014

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Good Question: How Long Should We Keep Financial Documents?

This time of year, many of us talk about getting our finances in order. A WCCO-TV viewer named Rachael from St. Joseph wrote us asking how long she should keep her financial documents.

12/26/2013

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Email Mishap Has MNsure Under Scrutiny…Again

MNsure is under fire, again. This time it’s because of an employee accidentally sent out an email containing the personal information of thousands of Minnesotans.

09/13/2013

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2 Boston Parking Spots Go For $560K

Parking can be very expensive in metro areas, but you won’t believe how much one woman was willing to pay. Two parking spots were being auctioned off in Boston’s Back Bay neighborhood, after they were seized by the IRS for back taxes.

06/14/2013

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Paulsen Comments On National Security And Government Trust

U S Congressman Erik Paulsen joined John Hines on the WCCO Morning News Friday

06/07/2013

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Dahl Trucking Owner Indicted For Avoiding Paying Taxes

The owner of Dahl Trucking in Elmore, Minn., was indicted Tuesday in federal court for avoiding payment of taxes on the wages of his employees from 2007 to 2010. Marlin Dahl was specifically charged with 13 counts of failure to collect and pay Federal Insurance Contribution Act (FICA) taxes.

06/04/2013

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Talking Points: White House Dealing With Scandal Mess

More hearings are scheduled in Washington this week as Members of Congress continue investigating the IRS targeting of conservative and Tea Party groups.

05/19/2013

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Esme’s Blog: Is The IRS Corrupt Or Incompetent?

In a congressional hearing into revelations that the IRS targeted conservative groups, one congressman pounced on the agency’s fired chief’s insistence that the targeting was not politically motivated.

05/18/2013

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Bachmann Wants White House Investigated Over IRS Flap

Rep. Michele Bachmann is joining the calls for a thorough investigation as President Obama prepares to answer further questions about the growing controversy at the IRS. The acting commissioner resigned on Wednesday after the agency admitted it targeted conservative groups.

05/16/2013

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Avoid These Common Tax Day Mistakes

It’s crunch time to file your taxes. This Monday is April 15 — Tax Day. The Internal Revenue Service says 97 million American taxpayers had already submitted their tax forms by the first of the month.

04/15/2013

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Mailing Services Available Until Midnight On April 15 At MSP

To help out last-minute tax filers, the Post Office at the Minneapolis-St. Paul International Airport will offer retail and collection services until midnight on April 15.

04/12/2013

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Tax Fraud Trio Pleads Guilty

The third and final member of a tax fraud trio pleaded guilty Wednesday in federal court to one count of conspiracy to defraud the United States.

03/27/2013

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What Triggers an IRS Tax Audit?

The odds of an audit can increase substantially depending on your income, types of income, deduction amount and changes you have made since filing your last tax return.

03/25/2013

Refund Money

Good Question: Is Getting A Refund The Best Deal?

The IRS anticipates 75 percent of federal filers will get refunds in 2013. The average last year was slightly more than $2,800.

03/20/2013

Refund Money

Where’s My Refund? IRS Tool Answers That Question

The Internal Revenue Service has a message for taxpayers eager to learn the status of their tax refund: Please don’t check the IRS website every five minutes — once a day is enough.

03/18/2013

Filling Out Forms

Plenty Of Changes For Tax Filers This Year

Experts recommend using some type of guidance to navigate forms and maximize your returns.

03/18/2013

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What To Do If You Owe Taxes But Can’t Pay

So you’ve prepared your tax return and found that you owe. What should you do if you can’t pay?

03/11/2013

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Basic Errors That Can Delay Your Tax Refund

Millions of people are getting a jump on filing their tax returns now that they have received their W-2s and 1099 forms. And for most, the incentive to get moving is to get that tax refund in their bank account as soon as possible.

03/11/2013

1040 Form Images

As The Tax Man Cometh, Tips For Getting Ready

The IRS expects 75 percent of all 2012 returns will get a refund, so if you haven’t started preparing your taxes yet, do it.

03/04/2013

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How To Avoid Tax Scams & Make The Most Of Credits

It may be hard to believe, but April 15 will be here before we know it.

02/20/2013

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