Taxes

VITA program offers free tax preparation

As your W-2s roll in this year, the clock is ticking down to file your taxes and you may qualify for free tax preparation. The volunteer income tax assistance, or VITA Program, offers free tax prep and electronic filing for…

Free tax filing services offered through VITA program

The Jackson County Civic Action Volunteer Income Tax Assistance (VITA) program is open and ready to do your taxes. The VITA program offers free tax preparation services for individuals and families who make up to $56,000 per year. The service…

Consequences of tax fraud

It will cost you more than a guilty conscience if you’re misleading on your tax return. News 25’s Victoria Bailey spent the day with a certified tax preparer to find out just what that means. "They're just waiting on you…

Filing homestead exemption

Today is the first day of tax season. The IRS will now begin accepting paper and electronic tax returns until April 15th. While you’re filing, the Harrison County Tax Assessor’s Office wants to remind you to update your homestead application…

Pascagoula officials to propose two new taxes

There has been a lot of confusion on social media on recent legislative proposals for the City of Pascagoula. City officials recently asked the state legislature’s permission to propose two new taxes. One is the hotel/motel tax which allows a…

Government shutdown: how it will affect tax returns

As tax season approaches, the government shutdown can also affect returns. If the shutdown continues through late January, tax refunds could be delayed as well. According to Businessinsider.com, the IRS is currently operating on about 12 percent of its employees.…

Benefits of filing income taxes early

A new year means tax season is right around the corner and it is never too early to start looking at your return information. Getting your finances in order for your taxes early can have multiple benefits. Early filers often…

Pascagoula city officials consider raising taxes

In two weeks, Pascagoula city leaders will convene to discuss a plan of attack dealing with the city’s recently discovered budget shortfall. A July audit revealed a $14 million deficit to the city’s budget. Pascagoula citizens are concerned their property…

Ocean Springs Board of Alderman meeting

An important board of alderman meeting will take place in Ocean Springs Tuesday to discuss audits and other financial things within the city. Ocean Springs Mayor Shea Dobson tells News 25 his intent is to make sure they are spending…

Simplifying tax reform

Listen up small business owners, if you do your own taxes things are changing this year. Last year’s passage of a new tax code is the first major reform since 1986 and some unexpected changes could make filing your taxes…

Tax Day is here

The annual deadline to file your taxes has now been moved to tomorrow because of IRS technical difficulties. By law, the IRS may assess penalties to taxpayers for both failing to file a tax return and for failing to pay…

Cigarette tax legislation is dead

An effort by Mississippi lawmakers to raise tobacco taxes is on its deathbed. Senate Bill 3048, which could have been used to raise taxes, is dead after the House Ways and Means Committee didn’t take it up before Tuesday’s deadline.…

Free tax assistance programs

The AARP Tax Aides will begin free assistance services at the Kiln Public Library every Thursday from 9 a.m. to 1 p.m. beginning February 1st. The programs will also take place at the Waveland Public Library every Tuesday and Saturday…

Tax Season 2018 begins today

Today marks the official start of tax season for 2018. While the deadline to file your taxes is only a day earlier than last year, the IRS recommends filing sooner rather than later due to today’s start date being later…

Tax Season Preparation

It’s officially tax season, but before you start to collect receipts and check boxes, there are a few changes to be aware of. This year, early filers may see a delay in their tax refund. According to the IRS, the…

IRS to Delay Tax Refunds

The start of tax season is less than two weeks away and more than 40 million low-income families could experience a two-week delay in tax refunds. News 25’s Kendra Turley explains the reason for the delay and who it will…

Lawmakers Vague on Tax Proposals

Mississippi lawmakers passed a substantial tax-cut package in 2016 with reductions phasing in over several years. Leaders are vague about whether they will propose other tax changes during the 2017 legislative session that begins January 3rd. An economist with the…

Pre-Legislative Briefing

The 2017 legislative session begins in one month. This session is one that is sure to be pivotal considering over $100 million in BP settlement funds is up for grabs in the state’s general fund. Coast lawmakers are ready to…

Legislative Leaders Appoint Tax Study Group

Mississippi legislative leaders are appointing groups to study tax policies and examine state spending. Lieutenant Governor Tate Reeves and House Speaker Philip Gunn announced that they are co-chairmen of the tax study group. The goal is to make recommendations for…

Budget Cuts at the Department of Revenue Could Lead to Tax Delays

Possible delays could be in store for Mississippians waiting on their tax returns as a second round of midyear budget cuts hit the Mississippi Department of Revenue. This happened just as they are swamped with thousands of individual income tax…