Tag

Tax Extension

All articles tagged with #tax extension

sports-community1 year ago

"Assessing the Impact: Royals' Community Benefits Agreement and Stadium Sales Tax Endorsements"

The Kansas City Royals and Chiefs have announced a Community Benefits Agreement (CBA) for their proposed stadium projects, but community organizations have criticized the lack of substantial benefits for the community. The agreement includes vague promises and lacks concrete details on how the funds will be used to improve the lives of citizens. Critics argue that the teams' proposals seem to prioritize their own interests and lack a strong commitment to improving living and working conditions in Kansas City. The secretive nature of the negotiations and the close ties between the Royals and one of the remaining community organizations have raised suspicions. The upcoming vote on the tax extension for the projects has sparked debate about the potential impact on the community and the need for a more transparent and equitable outcome.

finance1 year ago

"Essential Tips for Navigating the 2024 Tax Filing Season"

Tax season has officially started, with the IRS accepting and processing 2023 tax returns. The deadline to file taxes is April 15, with exceptions for certain states and disaster areas. Taxpayers can apply for an individual tax extension using Form 4868, but filing for an extension does not delay tax payments. To receive a tax refund quickly, file electronically and request direct deposit. Taxpayers can track their refund status using the IRS' tool. The IRS has delayed a controversial tax reporting requirement for online payment apps like Venmo and PayPal until 2024.

finance2 years ago

"Last-minute tips for filing your taxes before the deadline"

Tax Day is on April 18, and taxpayers who fail to file by the deadline face hefty penalties. The IRS has processed more than 101 million returns, with the average refund to taxpayers at $2,878, down from $3,175 at the same time a year earlier. Taxpayers can file for a tax extension for free, but it only extends the deadline to file the return, not to pay any owed taxes. There are several services that offer free tax return prep, including IRS Free File, to file your federal return for free.