Tax Tip

The income tax filing deadline has passed. Some time ago now, in fact. What's that you say? You didn't file?! Well, the Internal Revenue Service says, first, don't panic. Second, they say, it's important to know what steps to take. IRS spokesperson Luis Garcia tells WBCK more than 80 percent of Americans are getting a refund...

"Emancipation Day" in Washington, D.C. on Friday, April 15 means federal offices there weren't on the job, which means tax filers get an extra day to get their collective acts together. April 15 being a Friday means that extra day turns into an extra three days, including the weekend...

So we are mere days from this year's tax deadline (Monday, April 18 - a few days later this year). But, even with a few extra days this year, some still won't have their tax forms filed by the deadline. First of all, don't panic - yet...

You know the old cliche "don't sweat the small stuff," right? Well the Internal Revenue Service says inattention to the small stuff when preparing tax returns can actually trip up a taxpayer enough that their refund is delayed. IRS Michigan spokesperson Luis Garcia tells WBCK there are several ways this happens: Wrong or Missing Social Security Numbers... Read More ...

The Internal Revenue Service tells WBCK an amazing number of folks who qualify for the Earned Income Tax Credit (EITC) don't claim it on their taxes - simply because they don't know they qualify. Others may think they don't qualify, but a change in their tax status or income over the previous year means they actually do...