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Fleecing the rich and famous is new trend

Los Angeles County police are investigating accusations that Justin struck a photographer, which, if true, would violate California Penal Code 242 even if the striking blow was, well, glancing. Detectives want you to call them if you saw the brawl or if Justin attacked you, as well.
06/07/2012 | Comments 0

Roses popular, easy to grow in Oklahoma

Roses are one of the most popular plants in Oklahoma gardens, and many are relatively easy to grow, especially the newer varieties like the Knock Out® rose. Roses offer color and fragrance in the garden, and many make wonderful cut flowers. If you have a garden, you should try your hand at growing roses!.
03/22/2012 | Comments 0

From ‘Long Black Limousine’ to Elvis

That would change years later. For the next seven years, band members came and went. Finally, Black put together a group of musicians that have been with him for more than 20 years. They include guitarist Graham Pugh, bass player Rick Alongi, drummer Bob Gorley and keyboard player Phil Sapper, formerly of Harvey and the Wallbangers.
03/01/2012 | Comments 0

Young artist generates new ideas for veterans memorial expansion

“This will not be done with any public money,” said Howe, an Air Force pilot who flew B-52s during the Vietnam war. “Each statue will cost $40,000, but this type of art puts us in a different realm. It will take us into the world of art, which opens new avenues for giving.
02/23/2012 | Comments 0

Fleck and Flecktones to perform April 10 at Rose State

The extraordinary initial line-up of his incredible combo are touring to support their latest recording, “Rocket Science.
02/17/2012 | Comments 0

Real Life

In my presentation, I told the club members about the importance of supporting their local newspaper. After all, we received numerous compliments about our publication and its new appearance, content and local ownership. In this business, compliments can be few and far between, so we enjoyed all of the positive remarks.
02/17/2012 | Comments 0

‘General’-ly speaking

In fact, every night when he goes home, the general’s hat comes off – if only temporarily – and suddenly the commander of one of the most critical U.S. Air Force bases turns into father, husband, scuba diver and avid fan of New England sports teams..
02/10/2012 | Comments 0

Longtime MWC fire department spokesman Jerry Lojka retires

Lojka spent 29 years at the Midwest City Fire Department and served in several roles, including firefighter, inspector, investigator, public education officer, public information officer and fire marshal.

His favorite job was that of department spokesman as he answered questions from the press, and conveyed important fire prevention tips to the public.

02/03/2012 | Comments 0

Real Life: Lojka will be missed at fire department

This week’s retirement of Midwest City Fire Marshal Jerry Lojka reminded me how an effective and well-intentioned PIO does his job. During the past 14 months I’ve discovered that he knows his job and he understands the role reporters play in the world of news and information.
02/03/2012 | Comments 0

MWC grad, Hudson to receive national awards

Midwest City School graduate Lester Claravall will receive the prestigious Lewis Hines Award for Service to Children and Youth during a ceremony in New York City on Monday.

The award will be presented by the National Child Labor Committee, which serves as the sponsor for the Lewis Hines awards...

01/26/2012 | Comments 0
Home / Articles / News / Business / Tips given for avoiding tax-time headaches
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March 22nd, 2012

Tips given for avoiding tax-time headaches


By
 

Tax preparation doesn’t need to give you a headache. There are several ways to make it easier on yourself. Reed’s Tax Service offers four tips to help make your tax-filing experience a breeze this year.

Don’t procrastinate.

Resist the temptation to put off your taxes until the very last minute. Rushing to meet the filing deadline may cause you to overlook potential sources of tax savings and will likely increase your risk of making an error.

Try e-file.

Last year, 79 percent of tax payers - 106 million people - used e-file, which is the safest, easiest and most common way to file a tax return. If you owe taxes, you can file immediately and pay later (by the April 17 tax deadline). Best of all, when you combine e-file with direct deposit the IRS can generally issue your refund in as few as 10 days.

Don’t panic if you can’t pay.

If you can’t pay the full amount of taxes you owe by the mid-April deadline, you should still file your return by the deadline and pay as much as you can to avoid penalties and interest. More than 75 percent of taxpayers eligible for an Installment Agreement can apply using the web-based Online Payment Agreement.

Request an extension of time to file – but pay on time.

If the deadline clock is ticking, you can get an automatic six-month extension through Oct. 15. However, this extension of time to file, which must be filed or postmarked by the April 17 deadline, does not give you more time to pay any taxes due. If you have not paid at least 90 percent of the total tax due by the April deadline you may also be subject to an estimated tax penalty. You can obtain an extension at Reed’s Tax Service. Or, file Form 4868, Application for Automatic Extension of Time to File U.S. Individual Income Tax Return.

If you have any questions regarding this tax tip or past tax tips call Reed’s Tax Service at 405-732-2446.

 
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