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Taxes

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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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Get Your Taxes In Order Now For Next Year

Get a jump-start on next year’s taxes by setting up a filing system now. You can use a folder system where you label the each folders according to your needs.

04/02/2014

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Revenue Dept. Highlights Tax Cuts, Says Wait Until April 3 To File

Minnesota tax officials are scrambling to put in place new tax cuts passed by the legislature just six days ago. In a rare move, they’re asking taxpayers who might qualify for tax cuts to wait until April 3 to file. The department needs until then to program the tax cuts into its computers and instruction forms.

03/27/2014

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What Tax Related Papers Can You Toss Out?

Most of us fall into one of three categories; we keep too much of the paper that comes into our homes or there those that try to throw out everything. And of course those that fall in between.

03/27/2014

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Give Your Personal Finances A Spring Cleaning, Too

Now that we’re finally getting out of winter, a lot of us will start our spring cleaning. That includes getting your finances tied up. However, it’s also tax season, so the last thing you may feel like doing is crunching more numbers.

03/26/2014

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Invest That Tax Refund In Yourself

What is your largest asset? It’s your ability to earn a living!

03/25/2014

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Tax Breaks Coming To Many Minnesotans

Hundreds of thousands of Minnesotans will be getting a break on their taxes. Gov. Dayton signed $443 million of income and sales tax cuts into law Friday, after lawmakers passed the bill. The changes will take effect over next 15 months.

03/24/2014

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Dayton Signs $434 Million Tax-Relief Measure

Gov. Mark Dayton has signed a bill providing hundreds of thousands of Minnesota taxpayers with extra deductions and exemptions they can claim on this year’s tax forms. Dayton signed the $434 million relief package Friday, soon after both the House and Senate approved it by lopsided margins. In a statement, Dayton says the tax cuts will put “more money in the pockets of Minnesota families and businesses” and “make taxes simpler for Minnesotans.”

03/21/2014

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Tax Audit Red Flags To Be Aware Of

What may trigger an audit from your tax filing?

03/20/2014

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Minn. Tax-Relief Bill Put In Higher Gear; Vote Due Soon

A tax relief measure put on a fast track in the Minnesota Senate on Wednesday could mean immediate breaks for at least 300,000 people. The Democratic-crafted proposal was unveiled a day after Gov. Mark Dayton implored lawmakers to speed up. The bill could get a floor vote as soon as Thursday.

03/19/2014

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PODCAST PAGE: The Morning News With Dave Lee …… 3-19-14

Miss something from today’s show? Click the above link to listen back to some of the highlights!

03/19/2014

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Minn. Senate Plans Tax Relief Vote On Thursday

Leaders of the Minnesota Senate say they hope to pass a $434 million tax relief measure on Thursday, though it’s not clear if differences with a House version will delay its path to Gov. Mark Dayton.

03/18/2014

Taxes

Tax Chief Warns Tax Bill Delay Has Consequences

Minnesota Revenue Commissioner Myron Frans said Tuesday his agency is fast approaching an internal deadline for alerting income tax preparers and software vendors of new tax breaks that filers might qualify for this year.

03/18/2014

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BILL PENDING! Freshman Legislator 3/18/14

St Patrick’s Day adventures turn into an early morning at the Capitol on this week’s edition of BILL PENDING, INDEPENDENT FRESHMAN LEGISLATOR. Click the link above to listen.

03/18/2014

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PODCAST PAGE: The WCCO Morning News With Dave Lee 3-18-14

Miss something from Tuesday? CLICK THE LINK ABOVE to listen back to highlights from THE MORNING NEWS WITH DAVE LEE!

03/18/2014

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