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Tag Archive: penalty

Aug 16 2015

Attorney General Paxton to RadioShack: Don’t Short-Change Consumers

The Texas Attorney General’s Office today asked a U.S. bankruptcy court to compel the former RadioShack to provide notice of bankruptcy proceedings to 2.9 million customers holding approximately $46 million in unredeemed gift cards. This would allow consumers to meaningfully participate in the bankruptcy plan process, as they are entitled by law. “Due to RadioShack’s …

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Permanent link to this article: http://www.easttexasreview.com/attorney-general-paxton-to-radioshack-dont-short-change-consumers/

Aug 07 2015

Student Loans: Pitfalls to Avoid

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By Charlene Crowell/NNPA Columnist If you are a college student, a recent college graduate or even a college drop-out, student loan debt is not only likely, but probable. Among Black families, more than half – 52 percent – borrow for college costs, according to the Center for Responsible Lending (CRL). Additionally, paying off college loans …

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Permanent link to this article: http://www.easttexasreview.com/student-loans-pitfalls-to-avoid/

May 06 2013

Escape tax surprises

Many taxpayers have more taxes withheld from their pay than necessary. You should try to have your income tax withholding match your actual tax liability, especially if you normally get a large refund and you would like more money in your paycheck. If not enough tax is withheld, you will owe tax at the end …

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Permanent link to this article: http://www.easttexasreview.com/escape-tax-surprises/

Jul 31 2012

Is the IRS' 'marriage penalty' real?

By Jason Alderman If your spouse-to-be is considering postponing the wedding because of fears about the so-called “marriage penalty,” you two probably have bigger issues than whether you’ll have to pay higher taxes as a married couple than when you were single. Having said that, marriage does indeed have many financial ramifications – both good …

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Permanent link to this article: http://www.easttexasreview.com/is-the-irs-marriage-penalty-real/

Jul 21 2012

Personal financial change: adjust withholdings

According to Clay Sanford, IRS spokesman one should try to have their income tax withholding match actual tax liability. If not enough tax is withheld, you will owe tax at the end of the year and may have to pay interest and a penalty. If too much tax is withheld, you will lose the use …

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Permanent link to this article: http://www.easttexasreview.com/personal-financial-change-adjust-withholdings/

Jun 11 2012

Tax amnesty deadline looms

Texas Comptroller reminds businesses of upcoming tax amnesty period Texas Comptroller Susan Combs is reminding businesses they can soon begin clearing up their tax records without penalty and interest when the state’s Fresh Start tax amnesty period begans June 12. The tax amnesty covers taxes and fees that were originally due before April 1, 2012. Businesses …

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Permanent link to this article: http://www.easttexasreview.com/tax-amnesty-deadline-looms/

Mar 20 2012

Tax amnesty through June 17

Texas Comptroller Susan Combs has announced the opportunity for businesses to clear up their tax records without any penalty. The state’s Fresh Start tax amnesty period is set for June 12 through August 17, 2012. “The amnesty is a chance for businesses to set their tax records straight and save money by not having to …

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Permanent link to this article: http://www.easttexasreview.com/tax-amnesty-through-june-17/

Mar 07 2012

College Tax: Beware of bogus refund schemes

The Internal Revenue Service has warned senior citizens and other taxpayers to beware of an emerging federal tax refund scam tempting victims to file tax returns claiming fraudulent refunds. Bogus refund claims have been identified across the nation with significant pockets of activity in at least six states, including California, Georgia, Michigan, Louisiana, Alabama and …

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Permanent link to this article: http://www.easttexasreview.com/college-tax-beware-of-bogus-refund-schemes/

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