IRS

Northwest lawmakers push federal marijuana bills

Matt Laslo — Thu, 06 Jun 2013 16:49:23 +0000

Some Democrats in the US Congress are pushing measures to bring marijuana dispensaries in the Northwest under the federal tax code. Since federal law prohibits possession and sale of marijuana, dispensaries can't take advantage of any federal tax deductions.

Several members of Congress have introduced legislation that would allow the IRS to recognize pot businesses in states where marijuana is legal.

Obama: IRS acting commissioner has resigned

The Associated Press — Wed, 15 May 2013 23:06:00 +0000

President Barack Obama says the acting commissioner of the Internal Revenue Service, Steven Miller, has submitted his resignation in the aftermath of an investigation that found the agency improperly targeted conservative groups.

Teen helps taxpayers file returns by extended deadline this year

Charla Bear — Fri, 15 Apr 2011 13:00:00 +0000

http://stream.publicbroadcasting.net/production/mp3/kplu/local-kplu-963391.mp3

Tax day is later than usual this year. The deadline to file federal returns is Monday, April 18^th.

The IRS didn't extend the cutoff just to give procrastinators more time. It did so to allow its employees to observe Emancipation Day, a holiday in Washington, D.C. to honor when Abraham Lincoln signed a law that ended slavery in the District.

A lot of taxpayer still dread filing their returns, even with a few extra days. That’s not the case for one local teenager. She’s the youngest person out of 650 people to volunteer with United Way of King County to help people prepare their taxes.