January 30th was the start of tax season for many Americans, and IRS officials reminding tax-payers about credits and deductions to be aware of this season. For WYSO, Jerry Kenney reports.
Jennifer Jenkins with the IRS says several tax deductions got a two year extension during the latest so-called fiscal cliff deal. Among those getting a two year extension are the State and local sales tax itemized deduction for Schedule A [Form 1040] filers, and a Teacher-Educator Expense deduction.
An Ohio legislator thinks the state should offer taxpayers the option of getting their Ohio refunds on prepaid debit cards.
State Sen. Eric Kearney says his proposal could save the state money and benefit low-income residents who don't have bank accounts. The Cincinnati Democrat says the option would give them a safe and easy way to get their refunds, avoiding check-cashing fees.
A federal survey found that about 414,000 Ohio households didn't have a checking or savings account last year.
This election season the nation's eyes are on Ohio - and not just the presidential battlefront. They're also watching the hot contest between Democrat Sherrod Brown and Republican Josh Mandel. It's one of a handful races that could determine whether the Democrats hold onto their slim majority in the U.S. Senate. Like most campaigns the candidates are either short on details or sing only one song about what they'd do to fix things. That's particularly true on the issue of taxes. Bill Rice of Ohio Public Radio Station WCPN reports.