94.5 KATS » tax

Texas Strip Clubs Now Have a $5 'Pole Tax'

Mike Adams — Fri, 29 Jun 2012 19:19:05 +0000

Strip club patrons in Houston, Texas are getting the shaft – or the pole. At any rate, they are going to have to pay because the city council just passed a $5-per-customer fee on strip clubs. Unfortunately, we are unclear if this extra fee is to be paid at the door, or just randomly tucked [...]

10 Crazy Work Expenses Employees Tried to Write Off

Shauna Wright — Thu, 19 Jan 2012 18:24:25 +0000

Expense reports usually have the standard boring stuff — hotel rooms, gas, cab fares, client dinners and the like. But Robert Half Management Resources has evidence of creativity within the work force. Paul McDonald, senior executive director at RHMR, said that the more outrageous items highlight the need for companies to be clear about what [...]

How To File an Extension For Your 2010 Taxes

94.5 KATS — Mon, 18 Apr 2011 17:23:54 +0000

Because of Emancipation Day, a little known Washington D.C. holiday that this year is being celebrated on April 15, US taxpayers had until April 18 to file their taxes.

For some people that still won't be enough time to get all their papers in order. If you find yourself in that boat, you can file for an extension with the IRS.

It's important to remember that filing an extension doesn't extend the due date for any money you owe the IRS, and you will have to pay interest and possibly penalties on any money you send to the government after the April 18 deadline.

Read on for advice, from the IRS website, on who should and shouldn't file for an extension.

Seven Ridiculous State Taxes

94.5 KATS — Fri, 15 Apr 2011 16:04:00 +0000

While doing (and paying) your taxes is the opposite of a good time, there are some taxes that are so ridiculous, they’re actually kind of fun. Well, maybe not so fun if you actually live in one of these states. Check out our list of seven ridiculous state taxes: Illegal Drug Tax – Tennessee In [...]

Five Forbidden Tax Deductions

94.5 KATS — Wed, 13 Apr 2011 19:29:09 +0000

One of the few joys of tax preparation is making deductions and watching your bill from Uncle Sam get lower and lower. Here’s a list of five expenses that might be tempting to deduct, but are strictly forbidden by the IRS. 1. First Land Line If you happen to be one of the increasing number [...]