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

EAGLE RIVER - Seven veterans from across the country landed in Wisconsin on Friday for the 2nd annual Eagle River Muskie CHal-Lunge.

+ Read More

GERMANTOWN - Officials say three people were burned when gasoline was thrown onto a burning fire pit in Germantown, causing an explosion.

+ Read More
Trump set to visit Waukesha Submitted: 09/24/2016

MADISON - Republican presidential hopeful Donald Trump is set to visit Wisconsin again.

+ Read More

Play Video

MINOCQUA - The 52nd year of Beef-a-Rama has come and gone.

One Beef-a-Rama roaster has participated in Minocqua's iconic event every year since its inception.

That's Bill Ross, owner of Ross Sportswear and Ross' Plus. He says he and his family change up the recipe up a bit from year to year.

+ Read More

BURLINGTON, WASHINGTON - The latest on a fatal shooting at a mall in Washington state:

8:36 a.m.

A gunman who fatally shot five people at a Washington state mall remained at large as authorities said the motive for the slaying was unknown, but there was no indication the shootings were a terrorist act.

+ Read More

WAUSAU - A farewell ceremony helped family and friends say goodbye to members of the Wausau-based 376th Finance Detachment on Friday.

 Almost 25 soldiers from northcentral Wisconsin will soon be on the ground in Kuwait. 

Although the soldiers will be serving their country proudly, they can't help but remember those they'll leave behind.

+ Read More

EAGLE RIVER - Northland Pines District Administrator Dr. Mike Richie likes people to know what's happening in the school district. That's why he holds coffee socials throughout year.

Richie held a Veteran's Coffee Social at Eagle River Roasters Thursday morning.

+ Read More
+ More General News
Search: 




Click Here