Sunday, January 12, 2020

Looking To Get Started On Your Taxes? IRS Says Free File Is Open

Free File is available to taxpayers whose adjusted gross income (AGI) was $69,000 or less in 2019. You can find your AGI by looking at line 8b on form 1040. The amount includes income less any adjustments (sometimes called above-the-line deductions) and is calculated before claiming the standard or itemized deductions. That means that it applies to most taxpayers.

If you use Free File, you can do your taxes now. The Free File provider will then submit the return once the IRS officially opens tax season and starts processing tax returns. For 2020, the Free File partners are: 1040Now, Inc., ezTaxReturn.com (English and Spanish), FileYourTaxes.com, Free tax Returns.com, H&R Block, Intuit, Online Taxes, Inc., Tax ACT, TaxHawk, Inc., and TaxSlayer (English and Spanish).

Publisher: Forbes
Date: 2020-01-11
Author: Kelly Phillips Erb
Twitter: @forbes
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In case you are keeping track:

Iowa taxes: 2018 overhaul was great, but Iowans still deserve more

In 2018, Iowa's robust tax reform took a giant step toward reducing burdensome taxes on families and businesses.

Iowa currently boasts a solid balance sheet. The state has participated in the nation's recent economic growth, and prudent spending has meant budget surpluses in Des Moines. Now — not later — is the time to pursue additional pro-growth strategies and allow Iowans to keep more of their hard-earned money.

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Publisher: Des Moines Register
Twitter: @DMRegister
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How to File Your 2019 Taxes If It's Your First Time

Filing your taxes for the first time can be intimidating. It's true, there are strict rules to follow, and making a mistake can be costly.

But millions of people do their taxes every year and get through it just fine — and once you know the rules, you'll be one of them.

Here's our no-stress guide to filing your taxes — and getting it right — if you've never done it before.

Publisher: MoneyWise
Author: Esther Trattner
Twitter: @MoneyWise
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Coloradans Could Vote To Steeply Raise Taxes on Tobacco, Vape Products This Year | Colorado


Colorado residents may get a chance to vote to raise tobacco taxes this fall, as a way to put the brakes on the nation's worst teen vaping rate.

Backers of the citizens' initiative delivered paperwork to the state's Legislative Council late Friday. If approved the proposal would raise hundreds of millions of dollars annually for tobacco prevention and cessation, and the bulk going to early childhood education.

Publisher: Colorado Public Radio
Date: 2020-01-10T19:59:14-07:00
Author: John Daley
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Were you following this:

Owe Under $5 In Property Taxes? You're In Luck. - The Rhino Times of Greensboro

Former Guilford County Tax Director Francis Kinlaw used to get upset whenever the Rhino Times wrote that he was the "nicest person in county government" because he wanted people to believe that the tax director was very mean so that citizens would be more likely to pay their taxes.

While current tax officials may also want to maintain a stern "no love" image, a move expected this month by Guilford County government will mean that the department would start cutting a break to those who owe less than $5 in property taxes.

Publisher: The Rhino Times of Greensboro
Date: 2020-01-11T20:58:05-05:00
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What to know when filing taxes in 2020 -

SAN DIEGO (KUSI) – CEO of Growth 1030, Lance Growth joins KUSI with information on finance and taxes in 2020.

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Opportunity zones are designed to spur economic development by providing tax benefits to investors.

Publisher: McKinnon Broadcasting
Date: 2020-01-11T18:04:45 00:00
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Reader Opinion: Taxes | Brainerd Dispatch
Publisher: Brainerd Dispatch
Twitter: @Brainerd Dispatch
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No need for new taxes - Anchorage Daily News

Our august Assembly is proof positive. Almost out of the blue, it is mulling two versions of a 5% retail alcohol tax and a six-year, 3% general sales tax offered by Chugiak-Eagle River Assemblyman Fred Dyson, all aimed at funding public safety and/or the battle against homelessness.

That does not even include a Johnny-come-lately "temporary" 3% general sales tax waiting in the wings. Pushed by something called "Project '20s Anchorage," it would aim to raise $375 million over five years to pay for nine specific capital projects – many of them downtown and geared for tourism.

Publisher: Anchorage Daily News
Date: 2020-01-11T21:17:25.995Z
Twitter: @${siteTwitterUser}
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