residents left confused by tax changes under new law – Fayetteville
On Jan. 1, income tax rates were reduced and standard tax
deductions were increased by 250percent. With the tax reductions, taxpayers
should already see more take-home pay on their paychecks than they did in
December. When they fill out their 2014 income tax forms early next year, they
should find they have smaller tax bills. But some tax credits were eliminated.
Sales taxes on some items rose Jan. 1, and taxes will rise again on electricity
and natural gas in the summer.
Babies creator Ty Warner gets 2 years probation for tax evasion – Chicago
A federal judge on Tuesday sentenced Beanie Babies founder
Ty Warner to two years of probation for failing to pay income taxes on millions
of dollars he hid for years in a Swiss bank account.
has $16M in returned income tax refunds – The Press-Enterprise
The Franchise Tax Board is holding more than $16 million in
returned-to-sender state income tax refunds and wants to know: Is some of it
yours? The U.S. Postal Service had nearly 48,000 personal income tax refunds
that were sent in 2013 to California taxpayers that were worked back to the
mail delivery service.
Identity Theft: 5 Tips to Help You Not Get Got This Year – The Huffington
Tax Identity Theft is on the rise. Stay informed to avoid tax cam nightmares.
Get Complicated for Same-Sex Couples in Utah – Christian Science Monitor
While courts hash out the legality of Utah’s same-sex
marriages, gay couples who married in Utah must file state income tax returns
as individuals but federal returns as married.