Income tax http://wmub.org en Income Tax Rules and Regulations http://wmub.org/post/income-tax-rules-and-regulations <p><span style="line-height: 1.5;">&nbsp;&nbsp;</span>If the winter weather isn’t enough to worry about, remember the April 15 tax filing deadline is now just six weeks away. Instructions for Form 1040 run 206 pages, the 1040EZ instruction booklet is 42 pages long. If you’ve already completed your return, congratulations, but if not, there are several changes to watch for this year. Wed, 05 Mar 2014 11:30:00 +0000 Mark Heyne 23744 at http://wmub.org Income Tax Rules and Regulations Tax strategies for individual and businesses http://wmub.org/post/tax-strategies-individual-and-businesses <p></p><p><strong style="line-height: 1.5;">Larry Baker</strong><span style="line-height: 1.5;">, senior partner at </span><a href="http://www.grantthornton.com/portal/site/gtcom/menuitem.a8ee697a92b73ac9b217bfae633841ca/?vgnextoid=b17acbbdad9c4010VgnVCM100000368314acRCRD&amp;vgnextfmt=default" style="line-height: 1.5;"><strong>Grant Thornton</strong></a><span style="line-height: 1.5;"> in Cincinnati, is </span><a href="http://www.wvxu.org/programs/money-chris-desimio" style="line-height: 1.5;"><strong>On the Money with Chris DeSimio</strong></a><span style="line-height: 1.5;"> to discuss tax strategies for individuals and businesses for the 2012 -2013 tax season.</span></p><p></p><p> Fri, 05 Apr 2013 05:30:05 +0000 Chris DeSimio 11031 at http://wmub.org Tax strategies for individual and businesses Report: Kentucky's tax system unbalanced http://wmub.org/post/report-kentuckys-tax-system-unbalanced <p>A new report by the Institute on Taxation and Economic Policy shows a big gap between Kentucky’s income levels on who pays taxes.</p><p>The report says Kentucky’s top 1 percent income bracket pays roughly 5 percent of the state’s income tax, while the bottom 20 percent pays 9 percent.</p><p>Middle income levels are saddled with a higher percent, according to the report.</p><p>Jason Bailey, director of the Kentucky Center for Economic Policy, says the numbers show tax reform needs to happen quickly in Kentucky to better balance the burdens.</p> Wed, 30 Jan 2013 19:13:15 +0000 Kenny Colston Kentucky Public Radio 8619 at http://wmub.org Cincinnati Council could end tax reciprocity http://wmub.org/post/cincinnati-council-could-end-tax-reciprocity <p>Cincinnati residents who work outside the city limits could soon lose their income tax reciprocity. &nbsp;<br><br>City Council could vote this week to approve the Manager's recommendation the credit be eliminated next year. &nbsp;<br><br>Ohio local income tax is assessed primarily to the municipality where it's earned and secondarily to where an individual lives.<br><br>&nbsp;Cincinnati has always allowed residents who work outside the city to reduce their city income tax by the amount they pay to other municipalities. &nbsp;<br> Mon, 10 Dec 2012 09:00:00 +0000 Jay Hanselman 6852 at http://wmub.org Cincinnati Council could end tax reciprocity Kearney proposes debit cards for tax refunds http://wmub.org/post/kearney-proposes-debit-cards-tax-refunds <p>A state senator from Cincinnati is introducing a bill that would let taxpayers get their income tax refund on a prepaid debit card.&nbsp;</p><p>Sen. Eric Kearney said the state needs to adjust to the marketplace.</p><p>“This prepaid debit card program will benefit those citizens that do not have a bank account for direct deposit, or for those who wish to avoid the hassle with paper checks and check cashing fees,” Kearney said in a statement.&nbsp; “They will also be able to use their prepaid debit cards in stores, online, over the phone, or anywhere that accepts debit cards.”</p> Wed, 22 Aug 2012 19:20:55 +0000 Jay Hanselman & Ohio Public Radio 2912 at http://wmub.org Kearney proposes debit cards for tax refunds