Loading
Search
NEWS STORIES

Last minute tax adviceSubmitted: 04/14/2014
Story By Lauren Stephenson

Last minute tax advice
RHINELANDER - Almost 100 million people have already filed their income tax returns.

If you haven't, you have until 11:59 p.m. Tuesday.

If you feel like you're scrambling to get them done, you're not alone.

Local accountants have had many clients coming in at the last minute to sign their income tax returns.

February is actually the busiest month for accountants.

That's because it's right before corporate tax returns are due in March, and income tax returns are due shortly thereafter in April.

But the busiest day of the year was Monday.

"April 14th is the busiest. It's just a crazy day. You've got last minute people coming in trying to get their returns filed, trying to accumulate everyone who needs to file an extension, getting people in for signatures, to review returns. It's just kind of a chaotic day because we have more people in and out of that door on April 14th than probably any other day of the year," said Mandy Hein of Northland Accounting, LLC.

Northland Accounting in Rhinelander prepares as many as 1,100 individual income tax returns a year.

They also do about 200 corporate tax returns.

Accountants say the biggest way to avoid issues with your individual income tax returns is to double check them.

"The biggest mistake is generally they're done by hand and math errors are probably among the biggest, or omitted information: full name, social security number, address, signatures, making sure that everything that needs to be filled in is filled in and your figures are correct, double-checking numbers against your source documents, and your math," Hein said.

If you haven't been able to finish your tax returns, you can file for a 6-month extension until Tuesday night.

More than 11 million people filed for extensions in 2013.

The extension gives you until October 15th to file your 2013 tax returns.

But if you think you'll owe the government money, you need to pay by Tuesday night to avoid penalties.

"Even though you get an extension to file, your tax is still technically due on April 15th. So if you are anticipating a tax liability, you should make a payment along with your extension that you mail in," explained Hein.

To file your returns or an extension request, you can go to any tax preparer or go to IRS.gov.

Related Weblinks:
IRS

Text Size: + Increase | Decrease -
| Print Story | Email Story
Sponsored in part by HodagSports.com





 IN OTHER NEWS

Play Video

CRANDON - Terri Burl wanted to ask more questions than make comments during Congressman Sean Duffy's town hall in Crandon on Thursday.

"Everybody's in the state of the unknown right now," Burl said.

Burl, a Republican, was thinking of her 26-year-old son in Oshkosh as she asked Duffy (R-Wausau) about health care concerns.  She worries about tax penalties for her uninsured son and the GOP's lack of solid ideas to replace the Affordable Care Act.

+ Read More

Play Video

RHINELANDER - When Debby Glebke's friends were going back to the south to escape the Northwoods winter, they asked her to watch their home.

"It makes me feel good to help people, I just want to make their life easier," said Glebke. 

That favor sparked an idea that's lasted more than 20 years Glebke's business Snow Bird Home Watch.

"I have all this ambition or I have a lot of energy," said Glebke. 

When Glebke's husband died about fourteen years ago she turned her energy into an outlet.

"You know we always learn something from a crisis you always learn something good," said Glebke. 

Glebke also got a lot of firsts out of the situation too.

"It feels good just to own your own business, I've never really been in my own business," said Glebke. 

While creating something of her own she gave her grandchildren a new role model.

+ Read More

RHINELANDER - One Rhinelander man's love for drumming started in 6th grade.

That passion led him to start making his own drums.

Northland Music Center owner Will Roffers recently started hand-building custom snare drums.

Some of the shells he works with are pre-made, but his "stave" shells are shaped and sanded.

He used to build and race stock cars, so he knew how to weld and mold, but drum making was a bit more challenging.

"Working with wood is tough for me. You cut something wrong and there's not putting it back together ," says Will.

Will eventually wants to hand-build snare drums to sell to the public.

In the meantime, he restores and customizes sets for customers.

+ Read More

Play Video

MERRILL - The Merrill Police Department need helping finding anyone involved in several acts of vandalism that happened earlier this week.

Brian Schwartz has lived in his home on River Street in Merrill for almost 10 years. His garage, his neighbor's garage, and the public service building down the street were vandalized. Schwartz reported the vandalism to police on Monday. 

Schwartz says this is the first time anyone has vandalized his property.

+ Read More

Play Video

CRANDON - "It was scary," Kadan Otter said bluntly Thursday, talking about his experience last Friday night at the Crandon football game.

Otter, a sixth grader in Crandon, was playing pickup football behind the bleachers when, he says, he became the victim of a serious threat from a classmate.

"He found me, then he pushed me on the ground, and took out a knife, and then he pointed it at me and he said he's going to kill me," Otter said.

Not long after, Otter said, another threat came from the student.

+ Read More

Play Video

MERRILL - Tucked away in the southwest corner of Merrill you can find one of only 19 World War One memorials in Wisconsin. 

People from Lincoln County who died during the war are honored there. 
 
Wednesday, a group of volunteers paid their respects to those service men with some soap, water, and hard work. 

"It's a good opportunity to pay back that service," said Church Mutual employee Sheila Severt. 

Church Mutual employees get one day a year to volunteer in the community, Severt wanted to do something to help veterans.

+ Read More

MADISON - The Senate judiciary committee is set to vote on four bills that would impose tougher drunken driving penalties.

The Republican proposals would create a five-year minimum prison sentence for homicide by intoxicated use of a vehicle and raise the minimum incarceration period for fifth and sixth offenses from six months to 18 months.

+ Read More
+ More General News
Search: 





Click Here