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

RHINELANDER - A mound of boxes full of things like canned goods, toiletries, and clothing stunned LeRoy Eades when he walked into Peoples State Bank in Rhinelander on Monday morning.

"It blew my mind out," Eades said, with a smile.

Eades, his wife Shirley, and Cheryl Zastrow came to Anderson Street branch to pick up donations for their Rhinelander Military Support Group.

"I would have to say, it's probably one of our largest [collections ever]," Eades said.

+ Read More

Play Video

RHINELANDER - A Rhinelander man allegedly told his girlfriend he "wanted to slit her from ear to ear and stab her in the face." That sparked a nearly six hour standoff last Thursday.

According to a criminal complaint, 21-year-old Mathew Smith threatened to kill himself and others with a knife inside of a home on Highway 8. 

+ Read More

ST. GERMAIN - After your big Thanksgiving meal later this week, you might be looking for a way to get active.

St. Germain will be hosting its holiday light parade and Jingle Bell 3K Race this Saturday.

People will pull out their lawn chairs and wool blankets to watch floats take over downtown.

The St. Germain A-T-V club will also be collecting food along the parade route for the Vilas County Food Pantry.

"St. Germain has always had the tradition of the town tree lighting and caroling and stuff like that. We just amped it up and taken it one step further. It is really neat to be a part of and kick off the Christmas season," says special events coordinator Judy Jurries.

You can still register for the Jingle Bell 3K Race.



+ Read More

Play Video

MINOCQUA - Cities and towns in Wisconsin only get so many liquor licenses for restaurants and bars.
 
All 30 of Minocqua's are currently filled and have been for quite a few years. 

Town Clerk Roben Haggart says Minocqua has had to turn away potential businesses because of the lack of Class B liquor licenses. 

+ Read More

MADISON - The Wisconsin Elections Commission has voted to hire three additional staff after Gov. Scott Walker eliminated five positions with a veto in September.

The commission voted unanimously Monday for the authority to seek hiring three additional staff, with two focused on security issues.

+ Read More

Play Video

MERRILL - Getting a real Christmas tree to decorate your home can really bring the smells and sights of the holidays right to your living room.

Trinity Lutheran Church in Merrill sells Christmas trees and wreaths in the lot next to the Trinity Lutheran School.

Tree lot organizer Dan Frick says he has been selling trees there for a decade.

+ Read More

Play Video

EAGLE RIVER - Today marks day three of the gun deer season.

Many Northwoods hunters have already filled their tags and are ready to process their deer meat.

+ Read More
+ More General News
Search: 





Click Here