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Tax Refund

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NEWS
Lynn Little | March 31, 2011
A tax refund is always a welcome bonus. Whether its $300 or $3,000, the way you use that money can have a real impact on your personal and financial well-being. Plan ahead before spending your tax refund. Without a plan, you may use the money on the first thing that comes to mind and later realize something else was more important. Try to think about all your options, even ones that aren't very glamorous. Planning ahead and involving the family increases the chances you will identify all the possibilities and think about which are most important.
NEWS
by Lynn Little | February 4, 2005
A tax refund always is a welcome bonus. Whether it's $300 or $3,000, the way you use that money can have a real impact on your personal and financial well-being. Plan ahead before spending your refund. Without a plan, you might use the money on the first important thing that comes to mind, and then later realize something else was more important. Planning ahead and involving the family increases the chances you will identify all the possibilities, and think about which are most important.
NEWS
by LYNN F. LITTLE | March 3, 2006
A tax refund is always a welcome bonus. Whether it's $300 or $3,000, the way you use that money can have a real impact on your personal and financial well-being. Tax refund dollars should not be considered free money or a gift. Your refund dollars have been earned, taxed and provided by you to the government as a no-interest loan. Before you spend your tax refund, try to think through all the options - even the ones that aren't especially exciting or glamorous. Do plan ahead before spending your refund.
NEWS
by LYNN F. LITTLE | February 2, 2007
A tax refund is always a welcome bonus. Whether it's $300 or $3,000, the way you use that money can have a real impact on your personal and financial well-being. It's tempting to think about buying that big screen TV, but a rush to spend your income tax refund can erode the value of the refund. Before you spend your refund, try to think through all your options, even ones that aren't very glamorous. Use the waiting time to plan how you can use your tax refund to improve your financial situation.
NEWS
By LAURA ERNDE | June 27, 1998
Imagine getting a $104,000 tax refund. That's what C.M. Offray & Son Inc., also known as Maryland Ribbon, will get shortly from the city of Hagerstown. The ribbon manufacturing company overvalued its personal property on tax returns for 1995, 1996 and 1997, said Edward Muth, administrator at the Maryland Department of Assessments and Taxation. The company corrected its error in late 1997 by filing an amended tax return, he said. The adjustment dramatically lowered Maryland Ribbon's personal property assessment.
NEWS
April 5, 2001
April 05, 2001 Make a plan for using tax refunds before you file Many of us hustle this time of year to get our taxes together, especially if we're expecting a refund. Have you planned how you will use your tax refund? continued Using your refund to pay off bills is generally a great idea, especially if the bills carry a high interest rate. Do you carry a balance on your credit cards from month to month? The average credit card debt for cardholders with a monthly balance is $3,000.
NEWS
By KERRY LYNN FRALEY | March 9, 1998
More Marylanders file electronically More Maryland residents are filing both their federal and state income tax returns electronically, tax officials said during a stop in Hagerstown. They're also opting in greater numbers to have their federal refund checks deposited directly into their checking or savings accounts, officials said last week. More than 285,000 of the more than 788,000 federal returns filed in Maryland and the District of Columbia so far this year were filed electronically, said Dominic LaPonzina, chief of communications for the Internal Revenue Service's Delaware-Maryland District.
NEWS
June 13, 2003
How volatile are the talks aimed at creating a new West Virginia workers' comp system? Gov. Bob Wise says it's as if everyone sitting at the negotiating table had a hand grenade and could destroy the deal at any minute. The only thing that may restrain them is the knowledge that, in this case, a bad deal is better than no deal at all. With the system facing possible bankruptcy by 2006, the legislature is looking for a fix this week in a special session. The clash of interests is a classic political divide, with Democrats arguing that the proposal asks injured workers to give up too much, while Republicans declare that the proposed solutions burden businesses too heavily.
NEWS
By Lynn F. Little | June 30, 1998
Have trouble saving? Many families have little or no savings and find the advice "be thrifty," "be disciplined," and "save regularly" is far easier given than taken. Successful savers usually have devised a game, call it "savemanship," to siphon off extra money here and there. Here is a roundup of the savings games people play, or have used successfully in the past, to help save money. Learning to save is the tricky part - these games may help you get started! HEIGHT="6" ALT=" " NATURALSIZEFLAG="0" ALIGN="BOTTOM"> The Branded Money Game : This is the method of emptying all your change into a jar. Every other month or so, fill wrappers with the pennies, nickels, dimes and quarters and deposit them into a savings account.
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NEWS
April 28, 2013
Have you filed your tax returns and not received your refunds in a timely manner? Still wondering when your refunds will arrive? Peggy Riley, spokeswoman for the Internal Revenue Service, said a resource is available on the IRS website to easily check the status of your federal refund and find out when it is scheduled to arrive. After logging on to www.irs.gov , users can click on a link toward the right of the page that reads: “Where's My Refund?” There, tax filers need to input their Social Security number, filing status (i.e.
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NEWS
Lynn Little | April 4, 2013
Each year around tax time, many of us anticipate an income tax refund. A tax refund is not free money or a gift from the government. It is the return of earned income to you. Whether your tax refund is $500 or $3,500, it can mean an impact on your personal and financial well-being.  Before you spend your refund on a flat-screen TV or an iPad, get the most out of your tax refund by developing a plan. Make a commitment to enjoy part of the money. Be smart, and use the rest for practical purposes.
OPINION
By GEORGE MICHAEL | April 14, 2011
Today is Tax Day. Well, usually. The Internal Revenue Service gave taxpayers a bit of a break this year when it made the filing deadline April 18. Some of you likely are happy with your refund, while others might be fuming about what you had to fork over. Last year, a Pew Research poll found that the popularity of the much-maligned IRS had surged more than any government agency over the past 15 years. While most government agencies are declining in the public's opinion, the IRS rating was up 9 percentage points since 1997, according to the poll.
NEWS
By MATTHEW UMSTEAD | February 25, 2008
MARTINSBURG, W.Va. - Legislation that could refund property tax increases to West Virginia seniors who have low or fixed incomes is expected to be voted on today in the state Senate, which bucked leadership on Friday and amended Gov. Joe Manchin's version of the bill. In a bipartisan 19-11 vote Friday, senators amended Senate Bill 239 with a proposal introduced by state Sen. John Unger, D-Berkeley/Jefferson, that would refund any increase in property taxes for residents ages 65 and older who make $25,000 or less per year.
NEWS
by JANET HEIM | February 22, 2007
Editor's note - There are a lot of people you see around town that you recognize, but don't know anything about. People like... Roger Collins Age - 62. Occupation - Co-owner of Howard's Art Supplies & Frames. Hometown - Toulon, Ill. Where would you see Collins? - During tax season, Collins volunteers through the Washington County Commission on Aging as a tax preparer. He has been doing this for 11 years, not long after he and his wife, Ellen, moved to Hagerstown.
NEWS
by LYNN F. LITTLE | February 2, 2007
A tax refund is always a welcome bonus. Whether it's $300 or $3,000, the way you use that money can have a real impact on your personal and financial well-being. It's tempting to think about buying that big screen TV, but a rush to spend your income tax refund can erode the value of the refund. Before you spend your refund, try to think through all your options, even ones that aren't very glamorous. Use the waiting time to plan how you can use your tax refund to improve your financial situation.
NEWS
July 18, 2006
Here are some of the calls we have received lately: "Once again, Pennsylvania's Democrats are looking for ways to go after the law-abiding gun owner. What they need to do is do something about the noisy motorcycles, which amounts to about 100 percent of the motorcycles. They're now equipped with aftermarket exhaust systems, to make as much noise as possible. I don't understand why these people don't simply buy a Briggs & Stratton and sit in their backyards making noise. " - Waynesboro, Pa. "Every hummingbird feeder must be hung by chain or rope, or supported by a pole.
NEWS
by BOB MAGINNIS | July 6, 2006
Odds and ends from a columnist's notebook: We haven't had a letter-writing contest in a while, so try this one if you'd like to do so. The Washington County government recently issued $150 property tax rebate checks to many local citizens. Tell me, in about 100 words, what you did with your rebate and I'll give the one who writes the best letter a $25 gasoline card from the retailer of my choice. Because of some "creative" entries in our last contest, to win you must agree to allow me to check to see whether you did in fact, receive a rebate.
NEWS
by LYNN F. LITTLE | March 3, 2006
A tax refund is always a welcome bonus. Whether it's $300 or $3,000, the way you use that money can have a real impact on your personal and financial well-being. Tax refund dollars should not be considered free money or a gift. Your refund dollars have been earned, taxed and provided by you to the government as a no-interest loan. Before you spend your tax refund, try to think through all the options - even the ones that aren't especially exciting or glamorous. Do plan ahead before spending your refund.
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