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Taxes

Town of Bedford moves forward with annexation despite outrage

Come July 1, hundreds of Bedford County residents will fall under the town's jurisdiction.

Montgomery County approves new tax rate, budget

The Montgomery County Board of Supervisors approved a new tax rate of $0.70 per $100 of assessed value.

Bedford County leaders consider raising real estate taxes

People in Bedford County may have to pay more in real estate taxes and county leaders are planning $55,000,000 worth of improvement projects they say will attract more people to the area.

Montgomery County leaders hold public hearing for real estate tax increase

Montgomery County leaders want to hear from the public about how money is spent, and the board of supervisors is holding a public hearing.

Lynchburg citizens speak out after city council passes real estate tax cuts

Nearly 40 people are set to speak at Tuesday night's Lynchburg City Counsel meeting in opposition to real estate tax cuts.

You’ve filed your taxes -- now, what should you do with those documents?

If you’ve finally gotten your taxes filed, you’re probably ready to put it all away and move on. Have you considered which documents you should keep? And for how long?

That time when Willie Nelson made an album just to pay his IRS debt

Willie Nelson owed millions in taxes, so the IRS came up with an idea to help.

Montgomery County leaders propose real estate tax

Leaders in Montgomery County are looking to propose a 73 cent real estate tax.

SOUND OFF | How do you feel about the proposed increase in Montgomery Co. real estate taxes?

Montgomery County is looking to possibly raise real estate taxes, and we want to hear from you.

10 celebrities busted for tax issues

These 10 celebrities found out the hard way not to mess with the IRS.

What is the difference between tax planning and tax compliance?

Did you know when you’re getting ready for tax season, there are two types of preparation methods?

Get tax-ready for 2023 with the Ultimate Guide to Taxes Bundle for under $20

Get expert tax knowledge with the Ultimate Guide to Taxes Bundle — now only $19.99

Montgomery County board members approve cigarette tax

In a 4-3 vote, the Montgomery County Board of Supervisors approved a measure allowing the county to collect 40 cents on cigarettes sold in “unincorporated areas” outside the towns.

5 things you should know if you’re filing taxes for the first time

If you grew up watching your parents get stressed around tax season, then you're probably not looking forward to filing yourself for the first time.

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Better Business Bureau warns of popular IRS scams during tax season

The BBB says the best way to avoid tax scams to is file early and watch out for red flags.

IRS changes to impact 2022 tax returns

The IRS has made several changes for the 2022 returns, which include lowering tax credits.

It’s the first day of tax season: What you should know before filing

The IRS has made several changes to tax credits for this year's tax filing season.

Roanoke property values are up nearly 10%, officials say

It is projected that the increased property value will bring in $112 million in tax revenue for the Star City.

Bedford County extends property tax deadline to January 31, 2023

In Bedford County, that tax is $2.35 per every $100 of the assessed value of your property, like your car.

Virginia’s individual income tax filing extension deadline set for Nov. 1

Virginia Tax is reminding taxpayers that the individual income tax filing extension deadline is days away on Nov. 1.

Lynchburg homeowners could receive a real estate tax rebate

Because of the $43 million budget surplus, one Lynchburg City Councilman is proposing to give some of the money back to taxpayers.

Pulaski County officials approve reduction in personal property taxes

Some drivers can let out a sigh of relief in Pulaski County.

Are you eligible for this one-time tax rebate?

Pulaski County administrator responds to claims of fraud in recent audit

Pulaski County Administrator, Jonathan Sweet said there was no evidence of fraud from the 2021 audit.

Virginia Senators weigh in on proposed federal gas tax holiday

As President Joe Biden continues to push his proposal for a federal gas tax holiday, Virginia State Senators Tim Kaine and Mark Warner have some concerns.

Roanoke City leaders to discuss personal property tax rebates

Roanoke City’s leaders will be discussing giving a rebate to those who have paid their personal property taxes, according to Roanoke City Councilwoman Stephanie Moon Reynolds.

Virginia’s General Assembly passes two-year spending budget

The bipartisan $224 Billion total package includes nearly $4 Billion in tax cuts.

Roanoke City leaders hold public hearing on personal property tax bills

Roanoke City Council held a public meeting to hear many concerns and frustrations you all shared: the increase in personal property taxes.

Finished your taxes? Take these steps to get ahead for next year

Are you knee-deep in receipts, 1099 forms and W2s? Or are you all done?

Filing your tax at the last minute? Here are a few things you need to know

The deadline is Monday, April 18.

From Homer Simpson to Al Bundy, how TV has had fun with tax season

Tax season can be a reason to laugh, as these famous TV episodes showed.

Inflation and car prices: What’s going on? How did this happen?

It seems like you hear about it more and more these days: The extreme lengths people are going to in order to buy a new house; how much it costs to fill up the gas tank; and what we’re spending at the grocery store.

Everything you need to know about filing a tax extension

If you already anticipate needing some extra time to file your federal tax return, there’s some good news. You can always file for an extension.

Here’s what Virginians can expect from the General Assembly’s special session

Virginia’s General Assembly will reconvene in Richmond on Monday, April 4 for a special session.

University of Lynchburg professor says most pet owners can’t claim animals on their taxes

The IRS does not allow people to claim pets as dependents on their taxes, despite piling food and vet bills.

Thinking about accounting, but hoping to avoid tax-related jobs? Consider these 5 fun careers

When you hear someone say that he or she is an accountant, do you think of taxes right away?

Top 20 money-saving tips for stay-at-home moms and dads

Have you ever seen this quote floating around the internet? “Impossible only means you haven’t found the solution yet.”

5 situations in which pets can be used for tax breaks

For those animal lovers who spend so much money on their pets and hope to recoup some of that cash spent when tax season arrives, this is the cold, hard reality: For the most part, you can’t.

Is it time to switch to paying quarterly taxes? Here’s when to decide, and how to get it done.

There’s one day each year that sticks out to American taxpayers everywhere, and this year is April 18: Tax Day. But to another group of people -- the ones who make quarterly payments -- there are three other times a year to pay up.

Getting a big tax refund this year? How to make your money go further

If you’re expecting a generous refund this season, you’ll want to make that money work as hard as you do.

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