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Governor Steve Bullock Releases 2012 Tax Returns

Associated Press — Thu, 02 May 2013 14:48:39 +0000

Governor Steve Bullock and his wife Lisa made $176,000 last year and paid $32,000 in state and federal income taxes. The Democratic governor recently released his 2012 tax returns to the public like other governors before him. The couple had typical deductions like real estate taxes and mortgage interest. The Bullocks also reported giving [...]

Opponents Call Montana Tax Cut Proposals "Wealth Redistribution"

Associated Press — Wed, 13 Mar 2013 17:38:55 +0000

A Helena Democrat is asking the Republican-led Legislature to consider a tax hike for those earning more than $150,000. The proposal from state Sen. Christine Kaufmann would reduce state income taxes for all wage earners below that threshold. Kaufmann told the Senate Taxation Committee Wednesday her plan needs to be part of the broad discussion [...]

Broadwater County Raises Taxes to Make Up for 6 Year Shortfall

Associated Press — Tue, 12 Mar 2013 16:57:20 +0000

Broadwater County officials have increased property taxes to make up for shortfalls in its accounts for the Townsend and Three Forks school districts. County treasurer Doug Ellis says the county has collected the wrong amount of taxes for six years due. He says the county levied $256,750 less than it should have between 2006 [...]

Your Taxes Will Almost Certainly Go Up in January, and Congress Won't Stop It — Dollars and Sense

Mike Adams — Tue, 23 Oct 2012 14:36:02 +0000

Regardless of who wins the presidential election, starting January 2013 some 163 million workers across the United States will be slapped with a significant tax increase. That is because the temporary reduction in the Social Security payroll tax will expire at the end of the year, and there does not seem to be a lawmaker around interested [...]

How To File an Extension For Your 2010 Taxes

96.7 Kiss FM — Mon, 18 Apr 2011 21:43:28 +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

96.7 Kiss FM — Fri, 15 Apr 2011 14:29:22 +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

96.7 Kiss FM — Tue, 12 Apr 2011 18:15:56 +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 [...]

5 Helpful Tips for a Successful Tax Return

96.7 Kiss FM — Fri, 08 Apr 2011 19:43:32 +0000

It’s tax time! It can get overwhelming to file all alone. Here are a few resources that might help.
The IRS Website
The IRS’s website, while written in legalese, is the ultimate guide to everything you’ll need to know about your taxes. Here, you can download tax forms and find out which items are deductible. The site is a valuable resource if you’re filing your own taxes.

5 Great Ways to Spend Your Tax Refund

96.7 Kiss FM — Thu, 07 Apr 2011 20:06:24 +0000

It’s tax season, but that also means it's tax return season, too. In 2010, the average return was $3,036. That’s a lot of money to get at one time. With all that extra cash, you might be asking yourself, "How should I spend it?"

Here are few ideas.

Seven Celebrities Who Cheated on Their Taxes

96.7 Kiss FM — Fri, 01 Apr 2011 17:57:12 +0000

With tax day just around the corner, the IRS is readying itself to spot this year's round of tax evaders. Given the lack of impulse control and sense of entitlement among the celebrity set (we're looking at you, Charlie Sheen), it should be no surprise that the famous and the powerful are among the worst tax cheats out there. Here are seven celebrities who didn't pay the tax man, and ended up paying the price:

Obama Saves All Tax Payers Billions

96.7 Kiss FM — Tue, 01 Mar 2011 21:30:20 +0000

Wow, we have been wasting billions of dollars in tax payers’ money. Obama called for a detailed report to discover areas of spending that may be redundant or just plain dumb. What they found–546 such programs that fell into one of these categories. Even republicans are stating the obvious, “[This] makes us all look like [...]