KCTR: We’re Montana’s Own » taxes

Where Is My Montana Tax Refund?

Andy West — Fri, 17 May 2013 22:09:46 +0000

Like most people I wait until April 15th to file my taxes. I usually use tax software and file my federal and state taxes through e-file. According to the Montana Department of Revenue's website, since I e-filed I should have received my refund within 2 weeks of them accepting my tax return meaning I should have got my refund on May 1st

Why Waiting Until The Last Minute To Do Your Taxes Is A Bad Idea

Andy West — Mon, 15 Apr 2013 23:51:52 +0000

I avoided preparing my taxes until yesterday. First, I thought I would owe the government this year. Second, I hate paying for tax software. There is something about paying for the right to find out that I have to pay the government more tax money that rubs me the wrong way. Plus, since I lived [...]

Just One Page Of Instructions…Seriously!

The Breakfast Flakes — Mon, 15 Apr 2013 16:19:53 +0000

The Internal Revenue Service received a package recently addressed to its headquarters on Constitution Avenue in the nation’s capital. It was not a tax return. No, Mr. Haynes’ history students at JFK Middle School in Florence, Massachusetts, all sent birthday cards to the federal income tax – because Form 1040, the document most taxpayers fill [...]

Simplifed Taxes…

The Breakfast Flakes — Fri, 29 Mar 2013 13:18:01 +0000

Our Montana House is backing a plan to simplify state income taxes…wouldn’t that be nice!House Bill 581 would reduce the number of different rates and get rid of most credits and deductions. Overall, the measure is expected to reduce state tax collections by as much as $20 million a year. So…does that mean we pay [...]

Don't Count On That Refund Yet

The Breakfast Flakes — Thu, 14 Mar 2013 13:17:44 +0000

If you claimed the education tax credit, don’t count on that tax refund just yet. Due to a software snafu 600,000 tax returns will be delayed. You may not see your tax refund for four to six weeks due to a glitch in the software for some companies including H&R Block. A variety of problems [...]

So what is it with these Baldwin Brothers?

Mark Wilson — Mon, 11 Mar 2013 13:48:12 +0000

A defense lawyer says prosecutors aren't seeking jail time for actor Stephen Baldwin, who is accused of not paying his New York income taxes for three years! There is a meeting today regarding the case against the youngest of the Baldwin brothers. The Rockland County District Attorney's office said it is hoping for a resolution today. It is likely the case can be resolved wit

The IRS Needs To Simplify My Tax Returns – The Breakfast Flakes

Mark Wilson — Thu, 21 Feb 2013 15:00:18 +0000

Paul and I got to talking about the overly complicated system that is your annual tax return. I think we can all agree that the stupid thing is more complicated than it ever should have to be. Luckily Paul has a great idea for a simple and highly visual system. Listen to his idea:

Property Taxes VS Sales Taxes – The Breakfast Flakes

Paul Mushaben — Wed, 28 Nov 2012 01:30:58 +0000

Did you know that there are only four states in the union that don't have a sales tax?! Mark and I were discussing the topic on this morning's show. It came to me right after I got down writing a check for my stinkin property taxes!

Hit the player to hear what I had to say this morning about it

The Democrats Are Coming! The Democrats Are Coming! – The Breakfast Flakes

JP — Wed, 14 Nov 2012 13:00:25 +0000

Paul and I were discussing the ramifications of what President Obama's Healthcare program is going to mean for us citizens. One of the biggest problems I have with it is the Tax "fine" that they plan to levy on anyone with out health insurance. Both Paul and I disagreed that this is unfair and very strong armed. Paul however had an interesting take on it, see what he has to say in this clip from our show.

Higher Taxes and Higher Prices Are Coming in 2013 — Dollars and Sense

Mike Adams — Mon, 29 Oct 2012 15:30:16 +0000

Regardless of the American economy’s checkered enthusiasm, it appears as if consumers are currently aboard the fast track to higher taxes and rising prices on things like health care and grocery items scheduled to come around at the turn of the new year.

Toby Keith Weighs In on Taxes: 'I Expect the Wealthy to Write a Check'

Jeff Giles — Thu, 22 Sep 2011 13:00:00 +0000

The fight over taxes and the public debt is never far from the headlines lately, and Toby Keith has never been shy about speaking his mind on political matters, so it’s only natural that he offered his thoughts about taxes when speaking with the Boston Herald.

What might be surprising — at least for folks who consider Keith just another red state-residing good ol’ boy — is the way he responded to the question.

Raise Taxes Higher Group Strikes Back

Cat Country — Fri, 22 Apr 2011 15:46:23 +0000

The Breakfast Flakes (Mark and Paul) are known for speaking their mind. This week with Federal and State income taxes due, the subject was taxes. Monday, there was a group of people supporting the idea that need to pay MORE taxes, not less. Paul responded with his opinion in a classic rant that aired on [...]

What If There Was NO Income Tax

Cat Country — Mon, 18 Apr 2011 19:55:30 +0000

You knew income tax was prohibited by the U.S Constitution right? The forefathers of our country specifically banned income tax as a way to raise money to fund the government. It took a war and a hastily passed and somewhat contro

How To File an Extension For Your 2010 Taxes

Cat Country — Mon, 18 Apr 2011 18:16:10 +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

Cat Country — Fri, 15 Apr 2011 17:37:26 +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

Cat Country — Tue, 12 Apr 2011 18:12:25 +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 [...]

5 Great Ways to Spend Your Tax Refund

Cat Country — Fri, 08 Apr 2011 18:37:40 +0000

It’s tax season, but that also means it's tax return season, too. In 2010, the average return was $3,036. That’s a lot of money to get at one time. With all that extra cash, you might be asking yourself, "How should I spend it?"

Here are few ideas.

Get Your Taxes Done–Free

Cat Country — Fri, 28 Jan 2011 16:02:09 +0000

Getting your taxes done free and by someone other than Uncle Earl has a certain appeal. Kathy Shandera of United Way of Yellowstone County visited Cat Country Friday morning to talk about VITA. It’s a United Way sponsored, IRS approved free tax preparation program. There are multiple locations for the program across town. Listen for [...]