Friday, August 1 2014 5:34 AM EDT2014-08-01 09:34:07 GMT
A three-day cease-fire in the Gaza Strip has gone into effect following heavy Israel-Hamas fighting.Full Story >
A three-day Gaza cease-fire that began Friday quickly unraveled, with Israel and Hamas accusing each other of violating the truce as four Palestinians were killed in a heavy exchange of fire in the southern town of Rafah.Full Story >
Friday, August 1 2014 5:33 AM EDT2014-08-01 09:33:44 GMT
Ukrainian authorities said Friday that at least 10 government troops were killed in an ambush by pro-Russian separatists in an area near the wreckage of Malaysia Airlines Flight 17, but international inspectors...Full Story >
A team of several dozen international investigators descended Friday on the Malaysia Airlines Flight 17 crash site in eastern Ukraine to begin combing an area now designated as a crime scene.Full Story >
Friday, August 1 2014 5:15 AM EDT2014-08-01 09:15:08 GMT
The United Nations says 1,737 people, mostly civilians, were killed in Iraq in July, marking a dramatic decline from the previous month, when some 2,400 people were killed as Sunni militants swept across large...Full Story >
The United Nations says 1,737 people, mostly civilians, were killed in Iraq in July, marking a dramatic decline from the previous month, when some 2,400 people were killed as Sunni militants swept across large parts of the...Full Story >
With the complicated tax changes from the fiscal cliff agreement, the IRS changed the start date to filing season to January 30th.
That date is pushed back from the traditional mid-January date.
The IRS said the late changes to the Federal Tax laws means they need more time to prep before they process anyone's 2012 tax returns.
Financial planner Derieck Hodges said you can mail in your tax forms sooner than January 30th, but the IRS won't look at them until that date.
If you plan to file online, he said you most likely won't be able to press submit until the 30th.
And if you have a more complicated file like specific deductions or credits, you might have to wait until late February or March so the agency can update and test its systems.
He said the big thing people might notice is that since you're sending in your forms later, the tax return check is most likely to get to you later than years past.
"The IRS predicts right now that most tax filers are not really going to be impacted that substantially by this change, many tax filers with more complicated they usually wait till later in the tax filing season anyway to submit their returns, I think it's just the person who may be banking on the refund to pay some bills, they need to reexamine that, because chances are that refund is going to come in much later than it did last year," said Hodges. "For many people it's not going to be that much of a change, but if you're someone who files very early and you want to get your tax return, refund early, this is going to slow you down."
Hodges said people tend to get their tax forms, like a W-2 in late January anyway, so he doesn't think it will have a huge impact on tax payers.
Hodges said the later start date will make some challenges for tax preparers to get everyone's forms done on time.
"The IRS right now feels pretty confident that they're going to be okay in this process, I think most of us in the planning world are a little concerned because there were a lot of tax changes that are put into place because of the fiscal cliff change, we're all a little suspect how quickly those computer systems can handle that," said Hodges.
Just because the start date of filing season is pushed back, Hodges said it isn't likely the April 15th deadline will be moved.
If you don't want to wait for your tax return check to come in the mail, Hodges suggests using direct deposit for your tax return money.
"I think for many tax filers, especially if they're paying tax, it's probably not going to matter a bit, but certainly for the folks who are waiting for the refunds it's just one more thing that they have to put in their planning process because that money's not coming as fast," said Hodges.
Thursday, July 31 2014 9:48 PM EDT2014-08-01 01:48:50 GMT
Green Township Police are looking for a suspect after a man robbed Kroger while wielding a butcher knife. Police say the man entered the store on North Bend Road with the knife around 10:30 p.m. Wednesday.Full Story >
Green Township Police are looking for a suspect after a man robbed Kroger while wielding a butcher knife.Full Story >
Wednesday, July 30 2014 9:12 PM EDT2014-07-31 01:12:13 GMT
The tattoo has not previously been seen widely by the public because cameras are not allowed inside Indiana courtrooms. The Indiana Office of the Courts released the photo on July 30 as part of evidence logged in by police and presented to the court by the Floyd County Prosecutor's Office.Full Story >
The tattoo has not previously been seen widely by the public because cameras are not allowed inside Indiana courtrooms. The Indiana Office of the Courts released the photo on July 30 as part of evidence logged in by police and presented to the court by the Floyd County Prosecutor's Office.