On Bauer Business Focus — A conversation on tax time with Andrew Schneider, business reporter for KUHF 88.7 FM.
The countdown to Tax Day has begun. As the April 17 deadline to file federal income tax returns approaches, taxpayers and accountants may find themselves crunching more numbers than usual.
Janet Meade, associate professor of Accountancy and Taxation at the C. T. Bauer College of Business, stopped by Bauer Business Focus recently to discuss tips for filing taxes.
“If you’re filing your taxes last minute, I would say to e-file to get your refund faster,” Meade said. “If you’re not expecting a refund and you want to delay having that check cashed, then I would file by paper.”
Whether filing online or by paper, be cautious with the personal information found on returns, Meade warns.
“Identity theft is a big problem right now. All someone needs is your social security number and they can file a tax return and your refund. It’s an unfortunate thing to experience, so the best thing is to guard all of your tax information that you are receiving in the mail.”
Click here to hear the full interview.