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Taxes : article

Advice for choosing a tax preparer

If you pay someone to do your taxes, be careful. Most tax return preparers are professional and honest, but some are not.

Avoid identity theft during tax season

COLUMBIA, Mo. – Identity thieves thrive during tax filing season. Take steps to prevent those electronic criminals from lining their pockets with your refund and personal information, says University of Missouri Extension personal finance specialist Andrew Zumwalt.

Beware of tax scams

Learn how to spot tax scams, avoid return preparer fraud, identity theft, and false tax claims to protect your finances and personal data.

Choose your tax preparer wisely

COLUMBIA, Mo. – Exercise caution if you pay someone to do your taxes, says University of Missouri Extension personal finance specialist Andrew Zumwalt. Most tax return preparers are professional and honest, but not all, he says.

File a tax return even if you don't have to

COLUMBIA, Mo. – University of Missouri Extension personal finance specialist Andrew Zumwalt offers three reasons why you should file a tax return even if it is not required.

How to replace lost documents after a disaster or loss

Learn how to replace lost or destroyed documents like IDs, deeds, and certificates after a disaster or personal loss.

Initiative connects rural working families with valuable tax credit info

COLUMBIA, Mo. – Starting in the 2020 tax season, more rural Missourians in need will be able to learn about their eligibility for the federal earned income tax credit (EITC), one of the nation’s largest anti-poverty tools targeting low- and moderate-income working families.

MU Extension specialists on coping with COVID-19's financial impact

Get expert advice on managing the financial impact of COVID-19, including budgeting, debt relief, and financial planning strategies.

Paying to borrow your own money is a bad deal

Payday loans often trap borrowers in cycles of debt due to high interest rates and fees, making them a costly option for covering expenses.

Property loss from disasters may be tax deductible

Unreimbursed property damage in federally declared disaster zones may qualify for a tax deduction, with limits applied.

Questions about the ACA? MU Extension can help you get answers

COLUMBIA, Mo. – Recent news may have some consumers confused about the status of the Affordable Care Act, also known as Obamacare.

Record-keeping for income taxes

COLUMBIA, Mo. – Do-it-yourself tax preparation, for complicated returns, means shuffling though statements, receipts and other records. Your record-keeping system for tax-related documents can be as simple or complex as you want.

Tax refund advice: Save some, spend some

COLUMBIA, Mo. – Income tax refunds are ready to roll out. You might want to hold on to some of that cash. Refunds are wages you earn throughout the year and should be thought of as hard-earned money rather than found money, says Andrew Zumwalt, personal finance specialist with University of…
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