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Columbia's Leading Local News: Weather, Traffic, Sports and more | Columbia, South Carolina | WLTX.com
Money
Yes, some U.S. states are sending out ‘inflation relief’ tax rebate checks
Money
Fact-checking if gas stations can charge different prices for different payment methods
Some gas stations offer discounts to customers who use cash instead of credit to fuel up because credit cards come with processing fees for retailers.
Taxes
Fact-checking if the NRA does have tax-exempt status
A VERIFY viewer asked if the NRA is tax-exempt. As a 501(c)(4) organization, which is a tax status for “social welfare organizations,” it is.
Money
No action needed to get check from TurboTax settlement
Eligible customers will automatically receive notices and checks in the mail.
Money
No action required to receive money from TurboTax settlement
Eligible customers will automatically receive notices and checks in the mail.
Taxes
Yes, you can check the status of a delayed tax refund
The IRS has an online tool that tells taxpayers the status of their tax refund. We explain how it works.
Vaccines
Yes, a Rhode Island bill aims to fine, tax eligible residents if they aren’t vaccinated against COVID-19
Under a recently proposed Rhode Island Senate bill, eligible residents would have to get the COVID-19 vaccine or face a monthly fine and pay double their income tax.
Money
Yes, you still have to pay taxes even if you don’t have a bank account
During a civil trial, Blac Chyna said she didn’t pay taxes or have a bank account. The IRS says not having a bank account doesn’t preclude you from taxes.
Taxes
No, filing a tax extension doesn’t increase your risk of being audited
If you need more time to file your 2021 taxes, a tax extension won’t increase your risk of being audited, the IRS and two tax professionals told VERIFY.
Money
Yes, if the deficit shrinks by $1.3 trillion it would be the largest one-year reduction ever
President Biden projected the federal budget deficit will decrease by more than a trillion dollars in 2022. If it does, that would set a record.
Taxes
Yes, you do have to pay taxes on cryptocurrency
If you sell or exchange cryptocurrency, you’ll have to pay capital gains taxes. If you receive crypto as payment or if you mine it, it’s taxable income.
Taxes
Yes, you have to pay taxes on the sale of NFTs
The IRS treats NFTs, short for non-fungible tokens, the same as it does for any other real-world investment.
Money
Fact-checking if gas stations can charge different prices for different payment methods
Some gas stations offer discounts to customers who use cash instead of credit to fuel up because credit cards come with processing fees for retailers.
Taxes
Fact-checking if the NRA does have tax-exempt status
A VERIFY viewer asked if the NRA is tax-exempt. As a 501(c)(4) organization, which is a tax status for “social welfare organizations,” it is.
Money
No action needed to get check from TurboTax settlement
Eligible customers will automatically receive notices and checks in the mail.
Money
No action required to receive money from TurboTax settlement
Eligible customers will automatically receive notices and checks in the mail.
Taxes
Yes, you can check the status of a delayed tax refund
The IRS has an online tool that tells taxpayers the status of their tax refund. We explain how it works.
Vaccines
Yes, a Rhode Island bill aims to fine, tax eligible residents if they aren’t vaccinated against COVID-19
Under a recently proposed Rhode Island Senate bill, eligible residents would have to get the COVID-19 vaccine or face a monthly fine and pay double their income tax.
Money
Yes, you still have to pay taxes even if you don’t have a bank account
During a civil trial, Blac Chyna said she didn’t pay taxes or have a bank account. The IRS says not having a bank account doesn’t preclude you from taxes.
Taxes
No, filing a tax extension doesn’t increase your risk of being audited
If you need more time to file your 2021 taxes, a tax extension won’t increase your risk of being audited, the IRS and two tax professionals told VERIFY.
Money
Yes, if the deficit shrinks by $1.3 trillion it would be the largest one-year reduction ever
President Biden projected the federal budget deficit will decrease by more than a trillion dollars in 2022. If it does, that would set a record.
Taxes
Yes, you do have to pay taxes on cryptocurrency
If you sell or exchange cryptocurrency, you’ll have to pay capital gains taxes. If you receive crypto as payment or if you mine it, it’s taxable income.
Taxes
Yes, you have to pay taxes on the sale of NFTs
The IRS treats NFTs, short for non-fungible tokens, the same as it does for any other real-world investment.
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