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taxes

Getty Images, photo by Chris Hondros
Getty Images, photo by Chris Hondros

Beanie Babies Billionaire Gets Two Years Probation for Tax Evasion

The billionaire behind the Beanie Babies craze was in Federal Court on tax evasion charges for stocking away $25 million in a Swiss bank account and hiding it from the IRS. Ty Warner is one the highest profile Americans to be brought up on charges for filing false tax returns which he did for at least 11 years.

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Getty Images, photo by Joe Raedle
Getty Images, photo by Joe Raedle

Congressman from Oregon Wants to Double the Federal Gas Tax

Gas prices are something we all keep an eye on: are they going up, are they going down? The last I saw was $3.44 a gallon with the average in Maine at $3.47. Democratic Congressman Earl Blumenaurer is pushing to double the gas tax to .33 cent a gallon. There is currently an 18.5 cent federal gas tax on every gallon of gas we buy and the Representative from Oregon says it’s time to raise it.

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Category: News, Politics Tags: , , ,
Mark Wilson, Getty Images
Mark Wilson, Getty Images

Proud of Some of What My Tax Dollars Fund: National Weather Service + Plowed Roads + Public Libraries

Just looking at my paycheck. Taxes! Yes,  it would be nice to have that money in my check to support my life. BUT, I think I must be the only person who thinks that being in a position where I do earn enough to pay taxes is not a bad thing. Taxes do some great things!

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Category: Lifestyle, Offbeat Tags:
Photo from Facebook
Photo from Facebook

Maine Tax Reform Plan: A Quick Breakdown

The Maine tax code could be drastically overhauled if LD 1496 gets passed by the Maine Legislature and signed by Governor LePage. The plan is estimated to raise between $150 to $200 million in new revenue. Here's a quick breakdown of what the bill would do.

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Renee and her extension forms

This is Where to Get Your Federal Tax Extension Form

Ok, I have the info. It is ready to be done. I just have not done it. I am getting money back, so I am sure this is not a big deal to the government. But I need to make it legit. I have NOT filed my taxes and I need to file an extension.

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Category: Lifestyle Tags: ,
Taxes, Tax Day, I.R. S.
Justin Sullivan, Getty Images

No Relief on Filing Taxes Because of Patriot’s Day This Year – Still Due April 15

In year's past, if Patriot's Day landed on the day taxes were due, Mainer's would get an extra day to file. That's not the case this year.

Last year, there was even a bigger delay. Remember April 15, 2012, jus

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Category: News Tags: , ,
photo from facebook
photo from facebook

Lewiston School Board Approves School Budget

The Lewiston School Committee voted unanimously Monday night on the school budget that would increase property taxes 5.4 percent. That would translate for a home valued at $150,000 in Lewiston to a tax increase of $72.

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IRS dirty dozen tax scams
iStockphoto

IRS Warning — 12 Scams to Watch Out For This Tax Season

The IRS has issued its annual warning about the "Dirty Dozen" schemes out there—ways that certain disreputable folks will try to steal your money or methods people use to hide financial information from the tax agency.

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Category: AC, Country, Lists, News, Rhythmic, Rock, TSM Tags:
tax returns
iStockphoto

Is Your Unclaimed Tax Refund Among the $1 Billion Being Held by the IRS?

There are still a few weeks left to file your 2012 tax return, but April 15 of this year marks another important deadline for taxpayers: it's your last chance to file for a refund on your 2009 taxes.

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Category: AC, Country, News, Rhythmic, Rock Tags: ,
tax refund loan shark
Hemera/iStockphoto

Why You Should Beware of Tax-Refund Loans

It takes at least a few days, sometimes longer, to receive your refund after you've filed your taxes with the IRS. Some people, though, just can't seem to wait. This almost certainly is a bad decision.

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Category: AC, Country, News, Rhythmic, Rock Tags: , ,

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