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Money Matters

Some Refunds Delayed As IRS Battles Against Fraud Intensifieds

By CAROLE FELDMAN Associated Press WASHINGTON (AP)  The Internal Revenue Service’s battle against fraud and identity theft is intensifying as the tax filing season opens, and some of the neediest taxpayers are getting caught in the middle. The agency is barred from issuing refunds ...

When Filing, Mind New Law

By ALEC BERRY Staff Writer WHEELING — While 2016 did not usher through any new, major tax legislation, Jeff Yourkovich of Yourkovich and Associates in Wheeling, said filers should pay attention to at least one significant change. He said there is now a federal law which accelerates the ...

Pay the IRS Late?

By JOYCE M. ROSENBERG AP Business Writer NEW YORK (AP)  The idea of paying taxes late and incurring IRS interest charges elicits a stern “Don’t do that!” from many tax professionals. Yet some business owners decide that it’s cheaper and more convenient than taking out a loan. So ...

Tax Advocate: Use Tax Breaks You’re Entitled To

By CAROLE FELDMAN Associated Press WASHINGTON (AP)  Donald Trump’s acknowledgement last fall that he had not paid federal income tax in years left some questioning why they should have to pay taxes. “I think you pay taxes because it’s the right thing to do,” National Taxpayer ...

Financial Professionals Discuss Proposed Trump Policy

By JANELL HUNTER For Money Matters MARTINS FERRY — President Donald Trump has promised to cut taxes and simplify the system, lessen federal regulation, tighten borders, invest in infrastructure and create manufacturing jobs. Many professionals in the local financial industry are seeing ...

Power of Attorney Is Key Document to Have in Estate Plan

Life is full of the unexpected. But just because the future is unpredictable does not mean adults cannot prepare for what lies ahead. Estate planning is important, and establishing power of attorney can be essential for men and women looking to protect their financial resources and other ...