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Tax season — and tax refunds — can be a financial lifeline for many Americans. But the season can pose challenges for those who owe money to the IRS.Over 18 million Americans owed taxes in September 2014, according to the most recent data from the IRS. Meanwhile, an estimated 10 million face tax penalties each year, the IRS found.Here are three tips to help you handle your tax debt to lessen penalties and properly resolve your obligation.1. Act now 460

The American Hockey League is targeting a Feb. 5 start date for next season. The AHL's board of governors determined that projected start date during a call Wednesday. The AHL is the top minor league affiliate of the NHL, which is targeting a Jan. 1 start for the season. A typical AHL season usually starts after the NHL gets underway. NHL deputy commissioner Bill Daly says he doesn't expect the AHL announcement to affect the NHL's planning. Daly adds the AHL has kept the NHL informed during its decision-making process and those general managers were briefed last week. 582

TAMPA, Fla. — Many parents are opting to keep their kids home to give distance learning a try amid the pandemic.With many districts pushing back the first day of school, you got time to get in line."Now that we have time to plan it’s a beautiful thing," Anne Flenner with Florida Virtual School said.She recommends parents making a dedicated space for your child. It can be a desk, the kitchen table, or an empty guest room.You also want to get them involved in making the space functional."Whether that’s adding some posters that inspire them or whether it’s just getting color-coded notebooks that they’re going to use," Flenner said. "That actually can bring some excitement for them for this new school year when it’s a really hard time for them."Once you got that figured out, it is time to set up what Flenner calls a “pace chart.” It’s basically the agenda your kid is familiar with, but for you too. Some parents put it on a big whiteboard or just a piece of paper attached to the fridge."Parents can really do that important part of organizing them so that they can really focus on their job which is to learn the content," Flenner said.She also suggests after getting access to the virtual learning platform, go in and click on everything. Then, organize different binders or folders for each course.If your kids are sharing devices with each other or you, make a folder on the desktop for their own work. Or buy each child their own flash drive."The biggest help that will get you in gear for virtual learning… is to throw out what you know about the traditional school day. We call it chunking their time together," Flenner said. "Most students will work three to four hours like on one course alone to get everything done before they move on."Flenner and the crew at Florida Virtual School have been doing this for more than 20 years. They are professionals and they understand we are far from that. And that is okay."I want to tell parents to take a deep breath and do the best you can," Flenner said.This story was originally reported by Jasmine Styles at WFTS. 2084

Tax procrastinators, your time is running out.As the coronavirus pandemic took hold this spring, the federal government postponed the traditional April 15 filing deadline until July 15.The move provided some economic and logistic relief for taxpayers dealing with the disruptions and uncertainty brought on by lockdowns, school closures and shuttered businesses. But now that new deadline is a day away.Taxpayers must file or seek an extension by the new deadline or face a penalty.The IRS is expecting about 150 million returns from individuals and as of last count, it had received almost 142 million.IRS suggests filing electronically to avoid common errorsOfficials say filing electronically and choosing direct deposit remains the fastest and safest way to file an accurate income tax return and receive a refund.Filing electronically reduces tax return errors as the tax software does the calculations, flags common errors and prompts taxpayers for missing information.An inaccurate tax return can delay a refund. In most cases, tax software helps to reduce or eliminate common errors.How to pay taxesTaxpayers can pay online, by phone or with their mobile device in the IRS2Go app. When paying federal taxes electronically taxpayers should remember:Electronic payment options are the optimal way to make a tax payment.They can pay when they file electronically using tax software online. If using a tax preparer, taxpayers should ask the preparer to make the tax payment through an electronic funds withdrawal from a bank account.IRS Direct Pay allows taxpayers to pay online directly from a checking or savings account for free.Taxpayers can choose to pay with a credit card, debit card or digital wallet option through a payment processor. The processor may charge a fee. No fees go to the IRS.The IRS2Go app provides the mobile-friendly payment options, including Direct Pay and payment processor payments on mobile devices.Taxpayers may also enroll in the Electronic Federal Tax Payment System (EFTPS) and have a choice of paying online or by phone by using the EFTPS Voice Response System.File tax return by July 15 even if you can’t pay in fullThe IRS says everyone should file their 2019 tax return by the July 15 tax filing deadline regardless of whether or not they can pay in full.Taxpayers who owe and can't pay all taxes due have options including:Online Payment Agreement — Most individual taxpayers and many business taxpayers may qualify to use Online Payment Agreement to set up a payment plan. Taxpayers can setup a plan on IRS.gov/paymentplan in a matter of minutes. Setup fees may apply for some types of plans.Delaying Collection — If the IRS determines a taxpayer is unable to pay, it may delay collection until the taxpayer's financial condition improves. In light of COVID-19, IRS postponed many compliance efforts until July 15 or later under the People First Initiative.Offer in Compromise (OIC) — Taxpayers who qualify enter into an agreement with the IRS that settles their tax liability for less than the full amount owed.Need an extension? File for one by July 15Those who need more time to prepare their 2019 federal tax return can apply for an extension of time to file. An extension of time to file does not grant an extension of time to pay taxes owed. File an extension request, estimate and pay any owed taxes by the July 15 deadline to avoid possible penalties.Individual tax filers, regardless of income, can use Free File to electronically request an automatic tax-filing extension. Filing this form gives the taxpayer until October 15 to file a return. To get the extension, the taxpayer must estimate their tax liability on this form and pay any amount dueMost refunds issued in less than 21 daysThe IRS is processing electronic and paper tax returns and issuing refunds. They’re normally issued in less than 21 days. Taxpayers who mailed a tax return will experience a longer wait time. There is no need to mail a second tax return or call the IRS.Where's My Refund? is the most convenient way to check the status of a refund. It has a tracker that displays progress through three phases: (1) Return Received; (2) Refund Approved; and (3) Refund Sent. 4207

TAMPA, Fla. -- Business is booming at the Florida Gun Show at the Florida State Fairgrounds. But as doors open there is a buzz in the air over the possibility of stricter gun laws.In response to the Parkland school shooting, Florida Gov. Rick Scott says no to bump stocks, no guns for the mentally ill and yes to raising the age you can buy legally buy one.You won’t find an AR-15 ban or extended background checks in Scott's plan. But in a break from the National Rifle Association, of which Scott is a member, he does not want to arm teachers.At the gun show, Scripps station WFTS in Tampa found a split in support from his own constituents.“Change needs to happen and I don’t see why not try something," said Jason Walker said, long-time gun owner and an Air Force member.When it comes to Scott's plan, Walker said he supports it overall.Eric Oyola on the other hand said he does not. He is the owner of Class 3 Outbreak, a gun manufacturer."I think the laws that we have in place right now are good enough to prevent any crime," said Oyola. “They’re just taking the rights from the law abiding citizens for people that are going to do it anyways.”Oyola is talking about the bump stock ban. As an AR-15 dealer, he especially rebuffs any plans that would target these types of guns. No worries for him under Scott’s proposal. The governor also rejects banning them.Scott does, however, want to raise the age you can buy from 18 to 21-years-old.“If you can fight for your country, come home and not be able to have an AR-15 or even buy a rifle, I think it’s not fair," Oyola said.“I don’t believe you should be able to buy a long gun at age 18," said Walker.Sen. Bill Nelson (D-Fla.) said believes without an AR-15 ban the proposal does not have any teeth.“It’s a step in the right direction, but it doesn’t get at the core problem of how you are going to stop a person with an assault weapon of walking into a crowded place," Sen. Nelson said.What about Scott’s plan to keep guns out of the hands of the mentally ill?“It’s going to be a hard thing to do because people at any time can flip out whether they are under the radar or not," said Walker.Neither Walker nor Oyola are convinced it will work. What about the so-called gun show loophole where private sellers aren’t required to conduct a background check?“Absolutely, everybody should have a background check," said Walker.“I’m a licensed dealer," said Oyola, "If you can’t pass a gun background check, you shouldn’t have a gun.”A consensus? Still, background checks aren’t in Scott’s plan either. The governor is also calling for a 0 million plan to increase school security. It includes placing police officers in every school in the state. Plus, hiring more mental health professionals.The Florida House and Senate have until the end of session on March 9 to pass any new gun legislation. 2891