96.9 KISS FM » taxes

Is Your Unclaimed Tax Refund Among the $1 Billion Being Held by the IRS?

Chris Chaberski — Fri, 15 Mar 2013 12:23:29 +0000

There are still a few weeks left to file your 2012 tax return, but April 15 of this year marks another important deadline for taxpayers: it's your last chance to file for a refund on your 2009 taxes.

Why You Should Beware of Tax-Refund Loans

Chris Chaberski — Thu, 07 Mar 2013 13:47:27 +0000

It takes at least a few days, sometimes longer, to receive your refund after you’ve filed your taxes with the IRS. Some people, though, just can’t seem to wait. This almost certainly is a bad decision. Not long ago, banks offered something called refund-anticipation loans, which basically meant that a bank would immediately lend you [...]

Do You Support the Buffett Rule? — Survey of the Day

Jeremy Taylor — Tue, 17 Apr 2012 12:41:18 +0000

Named for billionaire investor Warren Buffett, who has argued that he shouldn’t pay a lower tax rate than his secretary, the Buffett Rule would mandate a minimum 30 percent tax rate for any household which makes over $1 million a year.

But is the rest of country onboard with such an idea?

10 Signs That You Have Improperly Filed Your Taxes

Billy Goforth — Wed, 11 Apr 2012 12:26:17 +0000

Everyone knows that filing your taxes can be a huge headache. While it can be a pain, it’s definitely not something you want to take lightly. Most people get them mailed out way before the deadline ever gets close. Others have a bit more complicated tax system they have to file. For those who think [...]

Taxpayers Upset Over Paying Security Bill for Whitney Houston's Funeral

Trent Fitzgerald — Mon, 09 Apr 2012 13:00:16 +0000

Taxpayers in Newark, N.J. are not too happy to learn that they will have to pay the bill for extra security that was provided for Whitney Houston‘s funeral last February. According to CBS 2, the city racked up $187,000 in police overtime during the pop icon’s funeral service.

Should Soda and Other Sugary Drinks Be Taxed? — Survey of the Day

Jeremy Taylor — Thu, 22 Mar 2012 13:49:49 +0000

Much like cigarettes and alcohol are taxed, there is a movement afoot to levy similar charges on soda and other sweetened beverages. As it stands, 33 states have some form of sales tax that is added to soda and other sugar-based drinks. And more and more places are trying to jump on the “soda tax” train, including New York [...]

What Do You Plan On Doing with Your Tax Refund? — Survey of the Day

Jeremy Taylor — Wed, 14 Mar 2012 13:13:23 +0000

The good news is that 67 percent of Americans expect to to get a refund from the IRS this year. The bad news is that much of this money is going to be spent taking care of other debts, rather than be used for something fun. According to a Taxsoftware.com survey of 1,005 adults, 29 [...]

Chris Tucker Owes Over $12 Million In Back Taxes

Angel Dee — Tue, 21 Feb 2012 18:44:45 +0000

Just when you think that celebrities should learn from other celebrities, more decide not to pay their taxes. Chris Tucker has not only made the list, but leads it with over $12 million in tax debt. It seems that Chris Tucker feels he doesn’t have to pay his taxes. He didn’t pay in 2001, 2002, [...]

MC Hammer Reportedly Owes $700,000 in Unpaid Taxes

Scott Shetler — Tue, 13 Dec 2011 14:00:53 +0000

MC Hammer‘s money woes just will not go away. TMZ says the U.S. government is suing the ‘U Can’t Touch This’ rapper and his wife for $779,585 in back taxes. The taxes are reportedly from 1996 and 1997, a time when Hammer was famously struggling with debt. TMZ adds that the government could attempt to [...]

'Jersey Shore' Costs New Jersey Taxpayers $420,000

Shauna Wright — Fri, 16 Sep 2011 12:30:54 +0000

‘Jersey Shore’ doesn’t just rot brains — it drains tax coffers, too.

MTV’s hit reality show, which depicts the exploits of a group of raisin-tanned 20-somethings as they live and party along the New Jersey coastline, has just had $420,000 of its 2009 production costs covered by the state’s Economic Development Authority.