Taxes


 

Dakota residents have biggest federal tax bills, says study

Nobody likes to owe taxes at filing time. And if you owe too much, you could face added penalties for not having enough money withheld or underpaying estimated taxes throughout the year. But every year, lots of folks find they have to write a check to the U.S. Treasury or set up a payment plan with the Internal Revenue Service. The financial technology company SmartAsset.com recently took a look at where the U.S. taxpayers have the biggest tax bills. High plains tax bills: Sorry, Dakotans. Yo...
Tags: Taxes, California, North Dakota, New Hampshire, South Dakota, North, District Of Columbia, Sam, Irs, U S Treasury, Internal Revenue Service, Dakota, SmartAsset


Taxes on your St. Patrick's Day green beer

Happy St. Patrick's Day! March 17 is one the top days for beer drinkers, ranking up there with New Year's Eve and Mardi Gras celebrations. Guinness says 13 million pints of its stout will be consumed worldwide today in celebration of the Emerald Isle's patron saint. The average number of drinks is just more than 4 per person. The folks making all the Erin go Bragh toasts and the establishments selling the drinks aren't the only ones celebrating St. Patrick's Day. Here in the United States, al...
Tags: Taxes, Congress, Britain, United States, Philadelphia, District Of Columbia, Guinness, Erin, Don, Emerald Isle, Tax Foundation, National Conference of State Legislatures NCSL, TCJA


More than $1.4 billion in tax refunds awaiting claims by taxpayers who didn't file in 2016

Photo by GotCredit via Flickr CC Most of the focus on tax refunds this year has been on how many people are unpleasantly surprised by how small they are. In many (probably most) cases, the relatively small refunds are because people didn't adjust their payroll withholding last year to account for the Tax Cuts and Jobs Act (TCJA) changes to income tax rates and earnings brackets. Now we have another refund situation that also can be blamed on filers, or actually on nonfilers. Yes, I'm talk...
Tags: Taxes, Massachusetts, Time, North Dakota, Idaho, Maine, Wisconsin, Ira, District Of Columbia, Irs, Don, Internal Revenue Service, Uncle Sam, EITC, Charles Rettig, GotCredit



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