(CNN)Sean Gilliam was scrolling through his Facebook feed after putting his kids to bed when he saw friend after friend fretting over the government shutdown, "anxious about how to keep a roof over their heads or food on the table for their kids." It only took the Memphis chef about five minutes to come up with a plan to help. Gilliam, who owns a catering business and a food truck, posted online asking people to help him help those in need. "I woke up the next morning and I had a lot of messages," he said. So he made a menu, went shopping and drafted a delivery schedule for volunteers to help hand out his Tuscan spinach chicken dishes. The meals can feed a family of four for two days. Gilliam at work in his Memphis kitchen. As the bills began stacking up, Gilliam "reluctantly" set up a GoFundMe campaign to help cover the cost of all of the cooking and mileage on his vehicle. He estimates he'd spent about $700 of his own money before taking in over $1,000 from online donors. … [Read more...] about From meals to free tax returns, how everyday people are helping federal workers affected by the shutdown
Free tax return
A federal judge on Monday rejected a bold argument from President Trump that sitting presidents are immune from criminal investigations, allowing the Manhattan district attorney’s office to subpoena eight years of the president’s personal and corporate tax returns. Lawyers for Mr. Trump were expected to appeal the ruling from Judge Victor Marrero of Manhattan federal court. The president’s could not immediately be reached for comment. In a 75-page ruling, Judge Marrero said called president’s argument “repugnant to the nation’s governmental structure and constitutional values.” Presidents, their families and businesses are not above the law, the judge ruled. The judge’s decision came a little more than a month after the Manhattan district attorney subpoenaed Mr. Trump’s accounting firm, Mazars USA, for his personal and corporate returns dating to 2011. The demand touched off a legal showdown that raised new constitutional … [Read more...] about Trump Ordered to Turn Over 8 Years of Tax Returns to the Manhattan D.A.
Louisiana state personal income tax filings are due Tuesday. The state Department of Revenue says anyone who wants an extension, to have more time to prepare and file the tax return, needs to request it ahead of the deadline to avoid late-filing penalties. An extension doesn’t give someone additional time to pay any taxes due. Tax payments received after the return due date still will be subject to interest and late-payment penalties. Taxpayers can submit an extension request electronically and get more information online at: www.revenue.louisiana.gov/extensions . To sign up for free CityBusiness Daily Updates, click here. … [Read more...] about Louisiana state personal income tax returns due Tuesday
Most people who have an income are required to file income tax return aka ITR. Filing income tax returns in India is a fairly simple process for many people. You can file ITR online for free easily via the Income Tax Department's official website or third-party IT return filing websites as well. The deadline for returns online this year is August 31, 2019. The process for filing income tax returns is different for different people in India.Before we begin the part where we tell you how to file income tax return online in India, let's take a quick look at which ITR to file.Which ITR to fileFor individuals looking to file income tax returns in India there are four types of income tax return (ITR) forms to consider. These are: ITR-1: Salaried people with income under Rs. 50 lakhs per year should file ITR-1. Here you're allowed to declare income from one house property, agricultural income up to Rs. 5,000, and income from other sources. ITR-2: Normally ITR-2 applies only to people whose … [Read more...] about How to File Income Tax Returns aka ITR Online in India
If you can't quite put your finger on copies of your tax returns, the IRS can help you out. marcnorman/iStockphoto/ThinkStock We all know it's important to save your tax returns after you've filed them. There are any number of reasons you could need a copy of your return later on: a mortgage or refinancing application, loan applications, tax preparation for the next year. Worst-case scenario, you'd definitely want to have them handy if you happen to be audited by the IRS. How long should you hang on to your returns — do you need to have stacks of papers going back decades? The IRS recommends that you keep them for three years. That's the statute of limitations on audits, assuming you've actually filed returns, haven't committed fraud and declared all of your income. (If you haven't filed returns at all, the IRS can come after you at any time; if you've neglected to report 25 percent or more of your income, it's six years.) But nobody's perfect. Sure, there are … [Read more...] about How IRS Tax Return Transcripts Work
Filing your taxes doesn't have to cost you money. Even though the new Form 1040 that all tax filers will file this year is a one-page document with just 23 lines, preparing taxes can be daunting for some. The new Form 1040 replaces the old 1040 as well as the Form 1040A and Form 1040EZ. For most tax filers with simple situations, such as income from one job, no children, one Form W-2 and no other deductions or credits to claim, the new Form 1040 is what they'll need to file their taxes. In many cases, taxpayers can file their returns for free. Here are a few of the free options available:IRS FreeFileQualified taxpayers can use FreeFile to file their federal taxes via TurboTax, H&R Block and 10 other private software providers. It's generally open to anyone earning less than $66,000, although software providers have their own eligibility criteria.The IRS estimates about 70 percent of Americans are eligible for FreeFile. There are options for free state preparation as … [Read more...] about 2019 tax returns: How to file your taxes for free