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Five companies or individuals claimed $100 million in Oklahoma tax credits for 2008 Published: Mon, May 7, 2012 In the 2008 tax year, five Oklahoma income tax returns claimed nearly $104.6 million in tax credits, an analysis of data published by the Oklahoma Office of State Finance shows. Read More
2011 tax filing requirements for seniors Published: Mon, Feb 6, 2012 Dear Savvy Senior: What are the 2011 IRS income tax filing requirements for seniors? I had to file and pay federal income taxes last year, but my income dropped and I’m wondering if I’m exempt this year. -- Recently Retired Dear Retired: According to the Tax Policy Center, 56 percent of retirees... Read More
How to save money on tax prep Published: Thu, Mar 11, 2010 If you do your taxes yourself, you're in the minority, according to Consumer Reports Money Adviser. The IRS estimates that about 60 percent of taxpayers used a preparer last year. Do-it-yourselfers can take advantage of many online tax-prep tools that offer free trials -- just type "tax-prep software" into a... Read More
How to turn your castoffs into cash Updated: Thu, Mar 4, 2010 Ah, the glories of spring: twittering birds, blue skies, returning winter coats to storage and the start of spring-cleaning. This year, before you simply throw away your unwanted stuff, why not pay yourself back, compliments of Uncle Sam? Do you usually just give your things to the nearest Goodwill and politely... Read More
2009-2010 Federal Housing Tax Credit Fact Sheet Updated: Wed, Jan 13, 2010 Who is Eligible First-time homebuyers, who are defined by the law as buyers who have not owned a principal residence during the three-year period prior to the purchase, may be eligible for a tax credit of 10 percent of the purchase price, up to a maximum of $8,000. Repeat buyers – existing homeowners who... Read More
Tax resources available online at state’s official Web site Updated: Wed, Mar 4, 2009 The tax season deadline is fast approaching and the Oklahoma Tax Commission and OK.gov want to remind Oklahomans that help is available online. Visit http://www.OK.gov, Oklahoma’s official Web site, to gain access to valuable tax information and resources. “Oklahomans have many options available to them on... Read More
Time running out for stimulus checks Published: Tue, Oct 7, 2008 More than 63,000 Oklahoma recipients of Social Security or veterans' benefits must file a federal income tax return by Oct. 15 to request an economic stimulus payment, the Internal Revenue Service said Monday. The deadline is for retirees and disabled veterans who normally don't file a tax return, but who might... Read More
Wesley Snipes petitions court to leave country Updated: Thu, Jun 26, 2008 OCALA, Fla. (AP) -- Lawyers for Wesley Snipes are asking a Florida judge to let the 45-year-old actor leave the country while they appeal his three federal tax convictions. Snipes wants to work on two films, "Gallowwalker" and "Chasing the Dragon," in London and in Bangkok, Thailand, according to... Read More
Taxing issue: Today's the day Updated: Mon, Apr 17, 2006 Today is the deadline to file 2005 income tax returns. The U.S. Postal Service will be open late at these Oklahoma City locations for last-minute filers. Oklahoma City Processing and Distribution Center, 320 SW 5, until midnight. Stamps are available on site, but no other retail services are provided. Center City... Read More
Procrastination can be a taxing issue Updated: Sat, Apr 15, 2006 1-in-4 delay filing returns, IRS says 8Tax The extra two days to file tax returns this year will do little to slow the flood of last-minute returns from Oklahomans, an Internal Revenue Service official said. "It's following form," said David Stell, IRS spokesman in Oklahoma City. About one in four Oklahomans... Read More
Sentence given in U.S. tax case Updated: Fri, Apr 14, 2006 An Edmond woman was sentenced Thursday to 15 months in prison for lying about her income on her 2000 income tax return. Joni Fike must pay more than $500,000 in restitution to Wal-Mart. Fike, 49, was accused of claiming only $79,000 in income on her 2000 tax return, even though she actually took in more than that,... Read More
Post office tax deadline Updated: Thu, Apr 13, 2006 Monday is the deadline to file 2005 income tax returns. The U.S. Postal Service will be open late at these Oklahoma City locations for last-minute filers: Oklahoma City Processing and Distribution Center, 320 SW 5, until midnight. Stamps are available on site, but no other retail services are provided. Center... Read More
Bill seeks '08 deadline for campaign reports Updated: Thu, Apr 13, 2006 A House committee approved legislation that would push back the deadline for candidates and political groups to file their campaign reports electronically. The deadline is set for July 1, but Senate Bill 1815 would push the deadline back to 2008. The bill, by Sen. Daisy Lawler, D-Comanche, would require political... Read More
Tax Tips: Davids Stell of the IRS Updated: Thu, Apr 13, 2006 It's down to days before your taxes are due. Our friend David Stell is here from the IRS. Your tax papers are due postmarked by midnight Monday, April 17. Read More
Tax Tips: David Stell of the IRS Updated: Thu, Apr 6, 2006 There's a little more than a week to go before your taxes are due. David Stell from the IRS joined Ed Murray to answer your tax questions.. Read More
Tax Q&A Updated: Thu, Mar 16, 2006 Coming up on about a month until your taxes are DUE! David Stell from the IRS here to help you get the most out of your return. Read More
Tax Q&A Updated: Thu, Mar 9, 2006 Coming up on about a month until your taxes are DUE! David Stell from the IRS here to help you get the most out of your return. Read More
Hurricane losses are tax-deductible Updated: Wed, Feb 15, 2006 Taxpayers suffering disaster-related losses in certain areas of Florida, Alabama, Mississippi, Louisiana and Texas because of the hurricanes can choose to claim those losses on their current or previous year return. The original deadline for choosing this option is the due date of the taxpayer's current year... Read More
Low-income taxpayers in line for refunds Updated: Sun, Feb 5, 2006 If your household income last year was $38,000 or less, you're most likely eligible for a federal tax refund of up to $4,400. Go to a volunteer tax preparer who can help you claim the money -- for free. Tax refund loans can cost you plenty That's the message consumer advocates are hoping to get out to... Read More
Volunteers offer free tax assistance Updated: Wed, Feb 1, 2006 NORMAN - The Retired and Senior Volunteer Program of Cleveland and McClain Counties is offering free tax assistance services. The program will be offered on Monday and Wednesday mornings, beginning next Monday by appointment at the program's office, 1141 E Main St. in the Community Services Building. Assistance... Read More
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