92.9 The Bull » tax

Hidden Taxes Make School Supplies Cost More!

tomreddick — Tue, 02 Aug 2011 17:20:33 +0000

Everyone knows there are federal taxes on tobacco and alcohol, but did you know your candy bar is taxed too? Plenty of unexpected taxes raise the price of goods and services; so-called sin taxes, import duties, user fees and excise taxes on things as varied as gas guzzlers, firearms, communications services and air travel. There’s [...]

How To File an Extension For Your 2010 Taxes

92.9 The Bull — Mon, 18 Apr 2011 17:23:48 +0000

Because of Emancipation Day, a little known Washington D.C. holiday that this year is being celebrated on April 15, US taxpayers had until April 18 to file their taxes.

For some people that still won't be enough time to get all their papers in order. If you find yourself in that boat, you can file for an extension with the IRS.

It's important to remember that filing an extension doesn't extend the due date for any money you owe the IRS, and you will have to pay interest and possibly penalties on any money you send to the government after the April 18 deadline.

Read on for advice, from the IRS website, on who should and shouldn't file for an extension.

Seven Ridiculous State Taxes

92.9 The Bull — Fri, 15 Apr 2011 16:03:50 +0000

While doing (and paying) your taxes is the opposite of a good time, there are some taxes that are so ridiculous, they’re actually kind of fun. Well, maybe not so fun if you actually live in one of these states. Check out our list of seven ridiculous state taxes: Illegal Drug Tax – Tennessee In [...]

Five Forbidden Tax Deductions

92.9 The Bull — Wed, 13 Apr 2011 19:29:17 +0000

One of the few joys of tax preparation is making deductions and watching your bill from Uncle Sam get lower and lower. Here’s a list of five expenses that might be tempting to deduct, but are strictly forbidden by the IRS. 1. First Land Line If you happen to be one of the increasing number [...]