TAX
Making the Case against Receiving a Federal Income Tax Refund
Millions of Americans celebrate receiving an income tax refund each year. Many of these same people live each month under the burden of financial hardship, struggling to make ends meet, often falling ...
Posted on 3/8/13 at 12:43 PM
How to use your tax refund to get ahead this year
For many of us, tax season means money in the bank. Well, at least for a little while...until we spend it, right? If you are anticipating a refund this year, do you have a plan for what you will do wi...
Posted on 2/25/13 at 12:32 PM
Shrinking Paychecks?
There has been a reduced Social Security payroll tax rate for the past 2 years. It was reduced from 6.2% to 4.2%. At this time it is scheduled to revert back to 6.2% January 1, 2013, unless Congress...
Posted on 11/30/12 at 8:54 PM
Beijing Means Business
Here's a picture book for your eyes and minds highlighting some illegal entrepreneurs, the business district of bustling Beijing and Walmart in China. Enjoy! A common sight in Chinese cities are the...
Posted on 7/14/12 at 9:03 AM
Financial impact of Measure 2 debated
BISMARCK About $812 million in property taxes for 2012 would be eliminated if North Dakota voters approve Measure 2 in June, a state research analyst said Monday. Kathy Strombeck of the state Tax Co...
Posted on 4/2/12 at 2:28 PM
Level the sales-tax playing field
Greg Danz, proprietor of Zandbroz, faces an invisible wall that he and many other merchants face, whether located downtown or in a mall. His store in Fargo must charge its customers 7.5 percent in state and local sales taxes. In Moorhead, the state sales tax takes a bite of 6.875 percent.By The Forum of Fargo-Moorhead , May 07, 2013
GOP says House tax plan hurts Minnesota
Minnesota House Democrats say it is time to balance the state budget and make new investments, but Republicans argue the tax plan they are expected to vote on today does so at the expense of taxpayers.By Danielle Killey, Forum News Service , April 24, 2013
Senate tax plan ups income tax
Married Minnesota couples who make about $140,000 or more taxable income would pay higher income taxes under a tax plan offered by senators today.By Associated Press , April 23, 2013
Put part of oil-tax fund into stocks like Alaska does
A billion here, a billion there. And pretty soon, you’re talking about the Alaska Permanent Fund, which reached a new high of about $45 billion at the end of March. North Dakota may have topped Alaska in oil production, but North Dakota’s oil tax “Legacy Fund” has a long way to go before it catches up with its Alaskan sibling.By Grand Forks Herald , April 23, 2013
Psst. Tax deadline not much of a deadline for most
Here's a little secret for all you procrastinators on Tax Day: The Internal Revenue Service doesn't like to talk about it, but as long as you don't owe any additional taxes, there is no penalty for filing a few days late.By Associated Press , April 15, 2013
Snowbound ND taxpayers get break from IRS
U.S. Sen. John Hoeven says the Internal Revenue Service has agreed to extend the deadline for filing tax returns in North Dakota, and waive penalties for late returns.April 15, 2013
ND Tax Dept. open late on filing deadline day
It's April 15 — the deadline to file taxes. North Dakota Tax Commissioner Cory Fong says his office at the state Capitol will be open until 9 p.m. to accommodate last-minute filers.By Associated Press , April 15, 2013
Officials: ND oil tax distribution falls short
City, county and school officials have told the North Dakota Senate Appropriations Committee that more than $200 million should be restored in a measure that distributes oil and gas tax revenue.By Associated Press , April 09, 2013
Cut in state oil tax rejected in House
House lawmakers shot down a proposal to restructure the state’s oil tax structure, a bill many were worried would have threatened the long-term financial impact of oil production.By TJ Jerke, Forum News Service , March 21, 2013
House DFL would add tax surcharge on rich
House Democrats today said they want to not only permanently raise income taxes on wealthy Minnesotans, but also add a temporary surcharge on the richest of the rich to repay schools.By Don Davis, Forum News Service , March 19, 2013
Letter to the editor: N.D. doesn’t need to cut its oil production taxes
I see where our illustrious Republican-controlled Senate approved a bill to lower production taxes for big oil. Who votes for these buffoons? Exxon’s profits in 2012 were $44.9 billion, just short of the world record, according to CNNMoney.By By Cory Christofferson, Hamar, N.D. , March 09, 2013
NY tailor to celebs pleads guilty to tax fraud
A tailor who counted star athletes including Rickey Henderson and Wilt Chamberlain among his clients has pleaded guilty to skirting about $2 million in sales and income taxes.March 05, 2013
Tax bills for rich families approach 30-year high
The poor rich.March 04, 2013
More oil taxes targeted for oil counties
A House proposal would change a current state funding formula to give counties affected by oil production a larger share of oil production revenue than the state.By By TJ Jerke, Forum News Service , March 01, 2013
ND oil tax "Legacy Fund" hits $850M in assets
North Dakota's oil tax fund now has about $850 million in assets.February 25, 2013
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