Loading
Search
NEWS STORIES

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


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

MINOCQUA - Things don't always go well out on the water. That's why Oneida County has a specialized dive team ready to respond whenever there's an emergency.

But funding the dive team is expensive. Saturday, community groups came together to help raise money for the team at the Minocqua Swim Challenge.

+ Read More

Play Video

CRANDON - Pounding rain, howling winds, and flashing lightning�"not the most ideal conditions for camping on Saturday night.

In fact, Saturday night's bad weather couldn't have picked a worse time for thousands of people to set up camp at the Crandon Race Track.

"We were holding onto the awning last night," said Keegan Kincaid, a racer from Crandon. ."It was pouring."

"Our canopy [got] rained [on] so much we had to keep pushing it up so it wouldn't collapse," said Paul Posbrig, a fan from Green Bay.

"It was coming in all over," said Jessie Braden, a fan from Richfield.

But for Crandon fans, the rain certainly didn't dampen the weekend.

"But we made the best of it," said Braden, who comes to Crandon every summer for the Brush Run.

"We had a canopy at one point and put up tarps on the walls as we got downpoured on and it was all windy," Braden said. "If we're going camping, it's going to rain!"

The fans also got their fair share of noise because the rain didn't really affect the race schedule.

"We just had to wait a little bit longer before we could put crews out on the track," said the raceway's announcer, Dave Mullins. "So needed it to dry off a little bit first. But really it was only about a half hour."

But it certainly changed the racers' strategy.

"And so you'll see a lot of changes in trucks and driving styles," Kincaid said.
"Figure out the track, sort out where the grip is, where it's wet, where it's dry," said Arie Luyendyk, Jr., a racer from Arizona.

But Crandon's track is pretty resilient.

"Most tracks we wouldn't be able to race on it the next day, but Crandon has a lot of clay," Kincaid said.

"Because this is a clay track, it doesn't absorb the water as much, it makes it more like a mud pit," Mullins said.

Sunday's nice weather quickly brought the track's conditions back to normal.

"I thought we were going to be racing in the mud, but turns out because of the sun and wind we're actually going back to our setup we had yesterday," Luyendyk, Jr., said. 

+ Read More

PRICE COUNTY - A truck versus train crash killed a woman late Saturday morning.

According to the Price County Sheriff's Office, it happened at the intersection of County Road D and the Canadian National Railroad tracks in the Township of Knox.

Police think a 76-year-old man was driving the truck with a 76-year-old woman in the passenger seat, and the truck and the train collided.

Several different agencies responded, including Canadian National Railroad investigators.

Crews took the man to St. Joseph's Hospital in Marshfield, and they took the woman to Aspirus Hospital in Wausau where she later died.

Police are still investigating and will not yet release the names.

+ Read More

Play Video

RHINELANDER - Lumberjacks returned to Rhinelander Saturday for the 3rd annual Boom Lake Log Jam.

The event celebrates the city's logging history while showing off both old and new lumberjack skills.

+ Read More

Play Video

RHINELANDER - This week, a 7-year-old put his life in danger to save his baby sister and little brother from a house fire near downtown Rhinelander.

On Friday, the Rhinelander Fire Department honored that little boy for his bravery.

Rhinelander firefighters now call Adam Granger, 7, a hero.

"He tells me over and over how he wasn't scared and just wanted to save his sister's life and didn't want her to die," said Jenny Schroeder, Adam's mother.

+ Read More

Play Video

BUTTERNUT - When sheep farmers Paul and Judy Canik checked on their pasture on the morning of May 31, their curiosity soon turned to shock.

Wolves had killed 17 of the couple's most valuable sheep. They had slaughtered 17 bighorn ewes.

"It was terrible to see them laying there dead like that, torn apart and stuff," Paul said. "They killed them all and never ate [anything]. Just killed them for the fun of it."

+ Read More

WAUSAU - Police in Wausau expect to forward forgery charges to the Marathon County District Attorney against four people after finding counterfeit money in the area.

Patrick J. Eppolite Jr., 22; Michael A. Beck, 27; Jeremy J. Hess, 36; and Amanda M. Bender, 32, are currently in jail on probation holds, but investigators believe they're connected to some counterfeit $20 bills in the area, according to the Wausau Police Department.

+ Read More
+ More General News
Search: 




Click Here