Tag Archive: taxes

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May 10

When corporations get too big to tax: The drive to scrap the corporate income tax won’t stop at zero.

Wouldn’t it be nice if the government paid you on Tax Day? I’m not referring to getting a tax refund because you overpaid the federal government or a safety-net benefit labeled as a tax refund under the “Earned Income Tax Credit” rules. I mean an actual payment from the U.S. Treasury. Done laughing? Great. This …

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Permanent link to this article: http://www.easttexasreview.com/when-corporations-get-too-big-to-tax-the-drive-to-scrap-the-corporate-income-tax-wont-stop-at-zero/

May 05

Comptroller announce cost website

 Texas Comptroller Susan Combs today announced the launch of a new online database that details public school construction costs since 2007, giving taxpayers more insight into how Texas public school districts have accumulated a third of all outstanding debt issued by local governments. The Texas Public Schools Construction database can be found at http://www.texastransparency.org/Special_Features/Your_Money/School_Construction/. It …

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Permanent link to this article: http://www.easttexasreview.com/comptroller-announce-cost-website/

May 04

Social Security:Foundation to build upon

National Family Month takes place each year from Mother’s Day in May to Father’s Day in June, and coincides with the end of the school year when families are able to spend even more time together. It is the perfect time to spend more time focusing on each member of your family. Social Security has …

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Permanent link to this article: http://www.easttexasreview.com/social-securityfoundation-to-build-upon/

Apr 01

Doling out money: IRS has $760 million for people who have not filed a 2010 tax return

Refunds totaling almost $760 million may be waiting for an estimated 918,600 taxpayers who did not file a federal income tax return for 2010, the Internal Revenue Service announced today. However, to collect the money, a return for 2010 must be filed with the IRS no later than Tuesday, April 15, 2014. The IRS estimates …

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Permanent link to this article: http://www.easttexasreview.com/doling-out-money-irs-has-760-million-for-people-who-have-not-filed-a-2010-tax-return/

Mar 16

Do not forfeit past tax refunds

Does this sound familiar? A few years back your yearly earnings were pretty low so you figured you wouldn’t owe any income tax. Thus, when April 15 rolled around the following year you didn’t bother filing a tax return, knowing you wouldn’t be penalized. Big mistake. Even if your income fell below the threshold at …

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Permanent link to this article: http://www.easttexasreview.com/do-not-forfeit-past-tax-refunds/

Mar 12

Can someone please cancel this pity party for the rich?: Billionaire Tom Perkins wants you to feel the pain of those poor 1-percenters.

The über rich are full of ideas. Not ideas to help humanity, unfortunately. They’ve thought up new ways to help themselves grab more money and power at our expense. Take Tom Perkins. He’s one of a growing number of the put-upon rich — billionaires who grabbed a fabulous fortune by hook or crook but now …

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Permanent link to this article: http://www.easttexasreview.com/can-someone-please-cancel-this-pity-party-for-the-rich-billionaire-tom-perkins-wants-you-to-feel-the-pain-of-those-poor-1-percenters/

Mar 04

Self-employed:Don’t forget tax-filing tips

Calculating income taxes is a royal pain, even when your situation is uncomplicated enough that you can file a 1040EZ Form. And if you’re self-employed, be prepared for extra layers of complexity.Not only must you file an annual return with numerous additional forms and schedules, you’re also responsible for paying quarterly estimated taxes, which can …

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