We have a mountain, let’s get a big lake to go with it. As part of the Southern Delivery System, a new water storage reservoir is in the plans. Projections are that by 2018 there will be a 760-acre reservoir 14 miles southeast of town. This lake would be more than 10 times the size [...]
Continue reading …Millions of citizens and non-citizens will apply for tax refunds that they don’t deserve, according to the Social Contract Press. A 51-page report, The Earned Income Tax Credit and Illegal Immigration: A Study in Fraud, Abuse, and Liberal Activism is available at www.thesocialcontract.com. “The Earned Income Tax Credit (EITC) is the largest anti-poverty program in [...]
Continue reading …The first tea party in Boston signaled the colonists’ dissatisfaction with British taxes and government interference, and gatherings scheduled for Wednesday seek to do the same thing – protest excessive taxes and too many government bailouts. Hundreds of protests are scheduled to take place simultaneously in a number of cities on April 15, Tax Day. While [...]
Continue reading …As if filing personal income taxes weren’t tough enough, limited liability corporation and other partnership returns also are due April 15. But if the thought of more Internal Revenue Service forms and tables, rules and regulations, puts you in a tizzy, it’s actually safe to relax and take the time to inhale slowly and deeply. [...]
Continue reading …The National Association for the Self-Employed is encouraging small business owners to get an early jump on their taxes with top tax tips for 2008. Among the tips are: Visit www.NASE.org or www.IRS.gov to determine whether you should have your taxes calculated professionally. Determine whether cash or accrual accounting is best for your business. Always [...]
Continue reading …Americans are filing their tax returns earlier this year. The National Retail Federation’s Tax Returns Consumer Intentions survey found that 61.2 percent of consumers have already filed their tax returns or will file a return by the end of the month. The survey also found that consumers filed earlier this year than they did last [...]
Continue reading …The Associated Press WASHINGTON – Don’t be alarmed. More than 130 million households will get letters from the IRS starting next week – and it’s good news. The letters are part of an extensive outreach effort to make sure people don’t miss out on their share of the recently passed $168 billion economic stimulus plan. [...]
Continue reading …The Internal Revenue Service has released additional information about the economic stimulus payments on its Web site. The site gives answers for recipients of Social Security, Railroad Retirement benefits and certain veterans’ or survivors’ benefits. Millions of people in these groups who normally don’t file will need to file a 2007 tax return in order [...]
Continue reading …Colorado residents can now pay their state taxes online. The Colorado Department of Revenue reported this week that Coloradans now can pay individual income tax and estimated individual income tax, as well as past due amounts by using an electronic check, MasterCard or Visa on the department’s Web site. The service also allows estimated payments [...]
Continue reading …About 12,000 free tax preparation sites are available this year for low-income and elderly taxpayers. The Internal Revenue Service has expanded its partnerships with nonprofit and community organizations that perform tax preparation services. The IRS Volunteer Income Tax Assistance Program offers free tax help to people who earn less than $40,000. The Tax Counseling for [...]
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