Radio Smart Talk: Tax questions

Radio Smart Talk for Wednesday, January 30:

Preparing a tax return is usually an annual chore that most people don’t look forward to. The process has been made somewhat easier in recent years though as more taxpayers abandon the paperwork and file electronically or have tax preparers or accountants do all the dirty work. It all may seem worth it if it’s determined a refund is on the way.

Preparing your taxes may not be a simple this year and you have the Congress of the United States to thank. The last-minute deal that avoided the so-called fiscal cliff also resulted in some delays and a few changes as well.

For example, Wednesday is the first day the IRS will accept tax returns electronically.

Other changes this year include exemptions for dependents, standard deductions have increased, and the child tax credit is now permanent.

On Wednesday’s Radio Smart Talk, Certified Public Accouncant John Steffee joins us to answer your tax questions.

Do you have a tax question? Put it in the comments section below.

Wednesday’s program is part of witf’s Moneyworks series.

Listen to the program: {mp3remote}http://witf.vo.llnwd.net/o35/smarttalk/radiosmarttalk/RST_January302013.mp3{/mp3remote}