WAMU 88.5
: News
By Matt McCleskey
The Internal Revenue Service opened the 2011 tax season Wednesday. The IRS says most taxpayers can go ahead if they want to get an early jump on their taxes. But some will need to wait until mid-February so the IRS can reprogram its systems to accomodate changes in tax law enacted by Congress and signed by President Obama in December.
Taxpayers affected include those who itemize deductions on Schedule A and any who claim deductions for educator expense or higher education and fees.
Of course, many taxpayers put off doing their taxes until much nearer the deadline anyway. This year, those late filers will have three extra days due to the D.C. Emancipation Day holiday, which falls on Friday, April 15 this year.
D.C. holidays affect tax deadlines as if they were federal holidays, so federal tax returns this year need to be postmarked by Monday, April 18.
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Did a 10-pound bag of potatoes really cost $15 back in 2008? We get to the bottom of some puzzling numbers in the lawsuit alleging America's potato growers have become a spud cartel.House Passes Bill That Would Ban Abortions After 20 Weeks
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Amazon ends the contracts of people and businesses that are paid for sending customers to the retailer. The company has taken similar steps in other states that have passed laws like Minnesota's new sales tax legislation.Leave a Comment
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