The Post Podcast

H&RBlock of North Platte and Ogallala Tax Tip (Week of Mar.6th)

Filing your taxes can be a daunting task, but checking the status of your e-filed tax return shouldn't be. Once you've submitted your tax return to H&R Block, they'll review it and then send it to the IRS for processing. The IRS will then either accept or reject your tax return, and there are several ways to check the status of your e-filed tax return.

One way to check your e-file status is by visiting the H&R Block Where's My Refund page. Here, you can check the status of your tax return by entering your social security number, filing status, and refund amount. You can also create or sign in to your MyBlock account or download the free H&R Block mobile app for iPhone, iPad, or Android to check your refund status.

If your e-file return status is accepted, this means that the IRS has started processing your tax return. You can expect to receive your refund within 21 days from the date of acceptance. However, if your tax return is rejected, this means that the IRS has identified an error on your return, and you'll need to take immediate action to correct the mistake.

If you filed your taxes with a tax professional, you'll need to work with them to fix the error. If you used H&R Block's online or software program to file your taxes, you can easily fix the error yourself and then resubmit your tax return. Keep in mind that your state tax return won't be processed until the IRS accepts your federal tax return, and it may also be put on hold if the IRS is taking longer than expected to process your federal return.

In conclusion, checking the status of your e-filed tax return is easy with H&R Block's Where's My Refund page, MyBlock account, or mobile app. If your tax return is accepted, you can expect to receive your refund within 21 days. However, if your tax return is rejected, take immediate action to correct the error to avoid any further delays in receiving your refund.

North Platte Post Outdoor Report with Julie Geiser (March 2, 2023)

Julie Geiser is a Public Information Officer and NEBRASKAland Regional Editor based out of North Platte, where she was born and still happily resides. Geiser worked for the commission previously for over 10 years as an outdoor education instructor – teaching people of all ages about Nebraska’s outdoor offerings. She also coordinates the Becoming an Outdoors Woman program for Nebraska Game and Parks Commission (NGPC). She loves spending time outdoors with her family and getting others involved in her passions of hunting, fishing, camping, boating, hiking and enjoying Nebraska’s great outdoors. 

North Platte Community College presents ”The Skin of Our Teeth” this week

Mid-Plains Community College's spring play, "The Skin of Our Teeth," starts Wednesday at the McDonald-Belton Theater and continues through Saturday. The curtain goes up at 7:30 p.m. each night.

The play combines farce, burlesque, satire and elements of the comic strip as characters in the show narrowly escape one end-of-the-world disaster after another, from the Ice Age to a flood to war.

Admission is $10 at the door. College students and employees will be admitted free with ID. 

Members of the cast joined Derek Beck on "Good Morning North Platte" last week

Wallace 7th grader excelling at Livestock Judging

North Platte, Ne – Wallace 7th grader Cauy Robinson wants to take over his family ranch someday. He’s off to a good start when it comes to understanding the beef industry. Robinson and the 4H Livestock Judging team he competed for from Scottsbluff county placed second over the weekend at the Kearney Classic. Robinson has also been involved with the Chase County 4H team in the past, who’s team placed 1st at the Kearney Classic over the weekend. Cauy explained how most livestock judging competitions go “almost every contest we go to there's 12 classes with four calves or goats or sheep or hogs in it and you pretty much place it how you like them and then they'll (judges) be questions that you have to answer after the contest . They'll sit you down and they'll ask questions to everybody in the group and then mark your card 1 through 4 or you'll have to give a set of reasons to them (judges) of why you placed them that way.” 

Robinson was in the Eagle studio’s in North Platte to talk about 4H Livestock Judging, but what we noticed immediately was Cauy’s passion for not only the livestock judging competition but his eagerness to learn, and also speak up about what he loves about it. He was in studio with Caitlyn Jacobson who is the Extension Educator for 4H in Lincoln, Logan and McPherson counties. Jacobson was also impressed as Robinson spoke. “in 4H, we talk about learn by doing, and this is a great example of a hands on learning experience.” she went on to say “when they (4H’ers) go into a show ring they have a good idea of what kind of animal they have, and how to make improvements. That’s part of the learning aspect of the project. You learn what makes a good steer, what makes a good pig, so when you talk to a judge you can tell him hey yeah you know what; this is what's good about my animal and even in the showmanship you can kind of situate some of those good qualities about your animal. It’s just a all around good hands-on learning experience and you get to learn, you get to meet a lot of different people along the way." 

Robinson agreed, “my family shows cattle, we’re at the barn every day, all year round working them and getting them ready. And livestock judging is also a yearly deal, there’s contests in the summer, and winter.” He went on to say that he thinks judging and showing livestock go hand in hand. “not only do you learn how to talk your calf into the judge if they (judge) has questions, but you learn personally how you like to see cattle, or sheep or goats. You don’t wanna look at cattle from just here, you want to step back and get a good view, which helped me win showman ship at the state fair last year.” 

 

To hear the entire conversation with this 13 year old from Wallace, Click Play. Thank me later! 

H&R Block of North Platte and Ogallala Tax Tip (Week of Feb. 28)

Do IRS Payment Plans Affect Your Credit?

 

Dealing with an IRS tax bill can be a stressful and daunting experience. If you are unable to pay the full amount upfront, setting up a payment plan with the IRS can be an effective solution. However, many taxpayers are concerned about the impact that payment plans may have on their credit score. The good news is that setting up a payment plan with the IRS does not directly affect your credit score.

 

The IRS is prohibited from sharing any personally identifiable information about taxpayers, including information about their payment plans, with credit bureaus. This means that the establishment of a payment plan with the IRS will not trigger any reports to the credit bureaus that could potentially lower your credit score.

 

It is important to note that while the establishment of a payment plan itself does not directly impact your credit score, a Notice of Federal Tax Lien may appear on your credit report. This is a public record that indicates the IRS has a legal claim against your property due to unpaid taxes. A lien may affect your ability to obtain credit, as lenders may be less willing to approve a loan or extend credit to someone with a tax lien on their record.

 

If you are unable to pay your tax bill in full, it is essential to consider setting up a payment plan with the IRS to avoid more serious consequences, such as wage garnishments or levies on your bank account. The IRS offers several payment plan options, including short-term plans and long-term plans, to help taxpayers manage their tax debt. By setting up a payment plan and making regular payments, you can satisfy your tax debt and avoid any negative effects on your credit score.

 

In conclusion, if you are struggling to pay your tax bill, setting up a payment plan with the IRS is a viable solution. While a Notice of Federal Tax Lien may appear on your credit report, the establishment of a payment plan itself will not directly impact your credit score. It is important to explore all available IRS payment options and work with a tax professional to ensure that you are meeting all tax obligations and avoiding any potential negative consequences.

Nebraska Cattlemen Report (February) Western Nebraska Bank

Sponsored: Western Nebraska Bank sponsors The Nebraska Cattlemen Report with Nebraska Cattleman President Steve Hanson. In this episode, Hanson recaps a big month for Nebraska's official beef organization. 

Outdoor Report with Julie Geiser

Julie Geiser joins us to talk all things outdoors on todays edition of the Outdoor Report

North Platte Catholic School Irish Fest This Sunday

The North Platte Catholic Schools IRISH FEST is this Sunday at North Platte St. Patricks. Wendy Dodson the Executive Director of the North Platte Catholic Schools Foundation stopped by the Eagle studios this week and talked about the event this Sunday.

North Platte City Council Meeting Recap (February 22, 2023)

North Platte Mayor Brandon Kelliher joined Derek Beck on Good Morning North Platte on FM98.1/AM 1410 on Wednesday morning, February 22, 2023 to recap the North Platte City Council Meeting from Tuesday night. 

H&R Block of North Platte and Ogallala Tax Tip (Week of Feb. 20)

Supplemental income refers to money earned outside of an individual's regular payroll paycheck. Examples include passive rental income, employee bonuses, extra commissions, and side income. While supplemental income provides an opportunity to earn additional income, it is important to understand that each type of supplemental income is subject to different tax treatments.

Typically, as an employee, the taxes for most wages are taxed the same way based on your W-4 tax withholding. However, for employee benefits like bonuses, commissions, and other types of income, the taxation is different. Income from real estate, trusts, and other types of income fall under the IRS designation of supplemental income. These are subject to specific tax treatments, which can include self-employment taxes and passive activity losses.

Additionally, while bonuses, commissions, and freelance income may not technically fall under the category of supplemental income, they are often referred to as such in everyday language. It is crucial to understand how this additional income is taxed, as the tax treatment may differ from regular income. This can have an impact on an individual's overall tax liability and can affect their financial planning.

In conclusion, supplemental income can provide a source of additional income for individuals. However, it is essential to be aware of the different tax treatments for each type of supplemental income. Understanding these tax implications can help individuals better plan their finances and minimize their tax liabilities. It is important to seek the advice of a tax professional or financial planner to ensure that all tax obligations are met and to take advantage of any potential tax benefits.

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