Loading

61°F

58°F

60°F

58°F

56°F

60°F

63°F

58°F

53°F

63°F

60°F

62°F
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

ARBOR VITAE - Fire destroyed a home in Arbor Vitae early Thursday morning but everyone inside got out safely.

A 911 call came into the Vilas County Sheriff's Department at 4:00 a.m., reporting a fire at 2075 Soik Road.

People in the home woke up to the smell of smoke.

They told police they found flames coming from one of the walls.

After trying to put out the fire, they got out of the home.

No one was hurt, but the home was a total loss.

+ Read More

PHILLIPS - Dozens of manufacturing workers in Phillips could face hard times in the next few months. The Georgia-Pacific plant in town will close on October 27, and 53 employees will be laid off.

Georgia-Pacific told us the workers are great, but a poor market for specialty wood board products is forcing the closure.

The plant closure could be a challenge for those laid-off workers, but it could also be an opportunity for a new career.

+ Read More

RHINELANDER - This year the PotatoFest in Rhinelander will still have the favorites, like the French Fry Frenzy and Polka Sunday.

But there will also be a few new additions like a beanbag toss tournament, and potato pantyhose bowling.

"The pantyhose bowling that's where you wear a pantyhose on your head and it's filled with a potato, and then you have to swing your head to knock pins, or knock the ball down to knock the pins over," said DRI Executive Director Maggie Steffen.

+ Read More

Play Video

GREEN BAY - The Packers won't have Jordy Nelson this season. Other players are still hurt to some level as well.

However, some packer fans aren't worried. They have faith Aaron Rodgers and the team have what it takes to make it all the way to the Super Bowl.

+ Read More

WAUSAU - A Marathon County inmate who ran away finds himself back in jail.

Sheriff's deputies arrested Matthew Hornung at the Wausau American Legion Golf Course Thursday morning.  Someone saw the 31-year-old man hiding in the woods near the golf course and called police.  

Hornung disappeared Wednesday.

He was cleared to go to an off-site meeting, but cut off his GPS tracker and vanished.

He is in custody on an Alernative to Revocation for his probation.

Court records show Hornung was convicted of misdemeanor battery in 2012.

+ Read More

Play Video

SUGAR CAMP - A one-car crash northwest of Sugar Camp sent a woman to the hospital Thursday.

A Chevy Silverado ran off Highway D not far from where it meets Highway H.  It happened just before noon.

+ Read More

Play Video

MINOCQUA - Heading back to school makes many students stress about what they are going to wear, especially when it comes to that first day look. And educators at one Northwoods school want their students to know that dressing for success, is more important than dressing to fit in.

At Lakeland Union High School, the dress code is designed to promote making wise fashion choices. Administrators say they want students to get in the routine of dressing, as if they're going to work.

"We're teaching them how to get ready for college and how to get ready for a career that they're going to be going into, 'career and college readiness', we want to make sure that they understand 'dressing for success', and a lot of times we spend a lot of time talking from that point of view," said Lakeland Union High School principal Jim Bouche.

Lakeland Union High School doesn't require uniforms, but they do have specific guidelines in place. They don't spell out what students can wear, but instead tell them what they can't. The overall goal is to keep kids focused in class.

+ Read More
+ More General News
Search: 




Click Here