Published: Sun, April 15, 2018
Entertaiment | By Lawrence Myers

Making False Claims to Avoid Paying Taxes Ends in Penalties

Making False Claims to Avoid Paying Taxes Ends in Penalties

About 80% of taxpayers are owed refunds - although some of it has to do with deductions - and about 6% of taxpayers face higher taxes this year compared to previous years.

Judging from the results our survey, tax refunds across the country will be utilized for a very serious objective: paying back credit card debt.

Be sure to take advantage of all possible tax credits.

A 2017 survey of Louisville taxpayers by the IRS Volunteer Income Tax Assistance program (VITA) showed low and moderate income families were more likely to be anxious about saving money for an emergency than they were about losing a job. The IRS also recommends keeping copies of your filed tax returns.

Syrian town attacked with sarin, killing 70 and affecting thousands
The European Union said earlier that evidence pointed to Syrian President Bashar al-Assad's forces being behind the attack. The ministry said the allegations have been planned beforehand to prolong the lives of the "terrorists" in Douma.

The deadline to file your taxes is just around the corner and as we get closer filing electronically likely seems the fastest way to go. University professors are offering their advice to students on how to file taxes and highlighting the resources available to them.

This can be a stressful time of year, if you're still procrastinating about doing your taxes, or just putting off filing them because you don't want to write that big check. According to the government tax agency, it has lost almost a third of its enforcement staff since its employee peak in 2010, when the federal agency audited about one in 90 individual returns.

Ever wonder why Tax Day falls in the middle of April? And scammers are upping their game, the IRS said in a warning this week.

You'll get slapped with one of two penalties if you don't file both of these, depending on which you fail to do. "Anyone convicted of filing a false return is subject to a prison term of up to three years and a fine of up to $250,000". The failure to file a timely return and the failure to pay will amount to $50, $1,000 times 5%.

Turkish presidential aide urges unity post Syria strike
In a written statement , Kalin said: "Using chemical weapons is a violation of worldwide law and a crime against humanity". Turkish Deputy Prime Minister Bekir Bozdag said the strikes had not been launched via Turkey's southern Incirlik air base.

The list also serves as a reminder that consumers are legally responsible for the information submitted on their tax return, even if it is prepared by someone else. The program is open to individuals and families with incomes of $66,000 or less.

"Once this money is gone, it's gone and it's going outside of the United States and it makes these cases extremely hard to prosecute and try to determine where they originated", Ivens said. "Another thing to keep in mind to do is state and local taxes". For the days and hours they are offering free tax prep, click or tap here. This practice has drawn scrutiny for what critics say is its unfair targeting of innocent small businesses.

Taxpayers should check only one filing status and the appropriate exemption boxes on the return.

Should you incur a failure-to-pay penalty, the charge is 0.5% per month or partial month that the charge is outstanding and is limited to 25% of the total taxes owed.

Crews respond to structure fire in White Hall
Seven people, including five children, were displaced by a house fire in east-central Fresno that started just after 4 p.m. The Midland County Volunteer Fire Department says they are aren't taking any chances the next two days.

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