Loading

20°F

21°F

23°F

20°F

21°F

23°F

23°F

24°F

21°F

21°F

24°F

16°F

23°F
NEWS STORIES

Last minute tax adviceSubmitted: 04/14/2014
Lauren Stephenson
5 p.m. Anchor/Reporter
lstephenson@wjfw.com


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
What We're Working OnSubmitted: 11/26/2014

- The Northwoods teaching assistant accused of having sex with an underage teen reached a plea deal. Find out more tonight on Newswatch 12.

- Sen. Tom Tiffany (R-Hazelhurst) wants a spot on the legislature's powerful budget committee. Find out which Northwoods lawmaker beat him to it.

- It's a double whammy for cranberry growers in the Northwoods " a smaller harvest, and lower cranberry prices. What the U.S. government is doing about it, tonight on Newswatch 12.

- Your organization can get some free help solving a challenge or working on a project. 16 members of the Leadership Oneida County program are spending 9 months getting to know the services and organizations in the county.

- And success keeps coming for a musician native to Eagle River. Autumn Skibinski and her band "Only on Tuesdays" started a Kickstarter campaign back in July to help fundraise for an Extended Play (EP) album. Lac Vieux Desert Resort Casino in Watersmeet, Michigan donated the full amount to Autumn's band. The band completed work on the project, and released the EP Tuesday. We'll have reaction from Autumn on her group's success coming up tonight.

We'll have the details on these stories and more tonight on Newswatch 12 - news from where you live.

+ Read More
Small Business Saturday: why stores want you to shop localSubmitted: 11/26/2014

RHINELANDER - Following Thanksgiving Day shopping and after Black Friday, Northwoods businesses hope you'll stick around for one more shopping day- Small Business Saturday.

The day encourages shoppers to stay local and help businesses in the community.
Small Business Saturday first began in 2010.

Last year consumers spent about $5.7 billion at independent stores.

Shops like Imaginuity in Rhinelander have jumped on board to bring in customers.

+ Read More
Milwaukee students protest Ferguson shooting caseSubmitted: 11/26/2014

MILWAUKEE - The family of a black man fatally shot by a white police officer in Milwaukee is showing solidarity with the family of Michael Brown.

More than 100 protesters gathered in Red Arrow Park in downtown Milwaukee and then marched through the streets Tuesday demanding justice for both Brown and for Dontre Hamilton, a Milwaukee man killed by Officer Christopher Manney earlier this year.

+ Read More
Wetland restoration plan broadens options for DNR, permit seekersSubmitted: 11/26/2014

WISCONSIN - The Wisconsin DNR puts an emphasis on keeping the state's wetland system healthy.

People and organizations now have a new option for addressing wetland damage because of construction.

When people or businesses fill in wetlands, they have to get a permit.

Before, they could restore other wetlands or buy credits from what are called wetland mitigation banks.

+ Read More
Balanced plate could be best option for Thanksgiving mealSubmitted: 11/26/2014

- Americans will eat more than 40 million turkeys Thursday, and that won't be the only delicious food on the table.

Thanksgiving can start weight gain for many people across the country. Dieticians like Jennifer Mikulich with Aspirus say this is the time of year when some patients avoid their dieticians. She believes the key to a healthy day is a balanced plate.

"You know have a balance between those foods that have some carbohydrates and those foods that don't," Mikulich said. "If you're somebody that is a really big sweet eater and you know there is pecan pie and pumpkin pie, well maybe you won't have the dinner roll and the mashed potatoes."

+ Read More
Bakeries in the Northwoods prepare for ThanksgivingSubmitted: 11/26/2014

ST. GERMAIN - Not many "made from scratch" bakeries exist in the Northwoods.

But, the ones that do are busy preparing treats for Thanksgiving tomorrow.

+ Read More
Torgerson pleads not guilty for murder & disappearance of Stephanie Low; more information about informants Submitted: 11/26/2014

Play Video

WAUSAU - The case against a Wausau man facing murder charges will move forward. Thirty-five-year-old Kristopher Torgerson pled not guilty in court during his preliminary hearing Tuesday.

Torgerson didn't admit to the murder in September, but he led police to Stephanie Low's burial site in the woods of Forest County. She had been missing for nearly four years.

Torgerson faces charges of intentional homicide, armed robbery, and hiding a body related to Low's disappearance and death.

+ Read More
+ More General News
Search: 




Click Here