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All assets associated with the tag: income tax

Income tax Coverage

It's Tax Day, the final day to fill out your federal income tax return. Here are the important things to know if you still need to file.

<p>ASSISTANT WITH THE ARREST HASKINS WAS PLACED UNDER A $5,000. SECURE BOND. WE HAVE JUST A LITTLE OVER. 24 HOURS TO GET THOSE TAX RETURNS IN WRAL'S. CHARLIE HAYES JOINS US LIVE NOW IN RALEIGH AND CARLY. THERE ARE SOME IMPORTANT THINGS WHERE PEOPLE TO KNOW IF THEY STILL HAVEN'T FOUND THOSE TAXES &gt;&gt; YEAH, DOING AND WE ARE EXPECTING A LOT OF PEOPLE TO COME HERE TO THE POST OFFICE TOMORROW TO FILE THEIR TAXES AND A LOT OF US LIKE TO PUSH IT OFF UNTIL THE LAST POSSIBLE MINUTE. BUT I'M HERE TO TELL YA, THE TIME IS NOW THE IRS HAS ALREADY SEEN 100 MILLION RETURNS SO FAR. THAT'S A LITTLE MORE THAN HALF OF WHAT THEY'RE EXPECTING. THE AVERAGE REFUND THIS YEAR IS ABOUT $3,000. IF YOU ARE NOT READY BY TOMORROW, THAT'S OKAY. THERE ARE SOME THINGS YOU CAN DO FIRST FILE AN EXTENSION THAT'S GOING TO GET YOU AN EXTRA 6 MONTHS. YOU DON'T EVEN NEED TO EXPLAIN WHY YOU NEED IT. BUT KEEP IN MIND, THAT EXTENSION IS ONLY TO FILE YOUR RETURN. YOU'LL STILL HAVE TO PAY ANY OUTSTANDING BALANCE TO THE IRS. IF YOU DON'T, YOU'LL GET A 5% PENALTY ON YOUR UNPAID TAXES EACH MONTH THAT YOU'RE LATE. SO FOR THAT REASON, EVEN IF YOU CAN'T PAY THAT OUTSTANDING BALLOTS IN FULL BY TOMORROW, YOU'RE GOING TO WANT TO STILL AT LEAST PAY SOMETHING. JULIAN, A GREAT TIPS</p>

Tax Day: Monday is deadline to file tax return, request extension

Taxes, tax forms, tax day, file taxes, IRS

Even though the vast majority of people file their federal tax returns electronically, the IRS still receives millions of paper tax returns a year, along with other kinds of forms and correspondence sent via snail mail.

As tax season begins, the IRS faces a monumental task: Digitizing a billion pieces of paper

Private taxpayer data shared with Google and Meta, according to congressional report

In a Sept. 25 interview with WBT-FM radio, state Rep. Tricia Cotham of Mecklenburg County said the budget includes "the largest cut in our personal income tax that we've ever seen."

Fact check: Cotham says NC budget includes 'largest' ever income tax cut

NC. Rep Tricia Cotham switching parties, giving GOP super majority

Revenues have been higher than projected under previous tax cuts pushed by Republicans. Democrats worry the economic growth won't last forever.

NC public schools could lose billions under proposed state tax cuts, governor's office says

money generic, cash generic

Those who are paid by the hour or who earn a bonus could be in for a raise if some state lawmakers have their way.

More pocket money: Bill would eliminate state income taxes for overtime, bonus pay

New bill in the state legislature is passed

Do you rent out your home a few weekends a year through Airbnb? Sell stuff on Etsy? Get paid for pet-sitting? If you, like many Americans, make at least US$600 a year with a side hustle of any kind, the way you pay taxes may soon change.