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Local 5 - weareiowa.com | Des Moines Local News & Weather | Des Moines, Iowa
Money
Fact-checking if gas stations can charge different prices for different payment methods
Taxes
Fact-checking if the NRA does have tax-exempt status
A VERIFY viewer asked if the NRA is tax-exempt. As a 501(c)(4) organization, which is a tax status for “social welfare organizations,” it is.
Money
No action needed to get check from TurboTax settlement
Eligible customers will automatically receive notices and checks in the mail.
Taxes
No, filing a tax extension doesn’t increase your risk of being audited
If you need more time to file your 2021 taxes, a tax extension won’t increase your risk of being audited, the IRS and two tax professionals told VERIFY.
Taxes
NFTs: Do you owe taxes if you make a profit?
The IRS treats NFTs, short for non-fungible tokens, the same as it does for any other real-world investment.
Government
No, the Build Back Better bill does not include a methane tax on livestock
The methane fee outlined in the Build Back Better bill only applies to petroleum and natural gas systems, not to the agricultural industry.
Money
Yes, South Dakota is a tax haven, but it's not the only state that offers protection and privacy
The Pandora Papers release shone a spotlight on South Dakota as a tax haven. VERIFY researched why the state and others have that reputation.
Taxes
Fact-checking if the NRA does have tax-exempt status
A VERIFY viewer asked if the NRA is tax-exempt. As a 501(c)(4) organization, which is a tax status for “social welfare organizations,” it is.
Money
No action needed to get check from TurboTax settlement
Eligible customers will automatically receive notices and checks in the mail.
Taxes
No, filing a tax extension doesn’t increase your risk of being audited
If you need more time to file your 2021 taxes, a tax extension won’t increase your risk of being audited, the IRS and two tax professionals told VERIFY.
Taxes
NFTs: Do you owe taxes if you make a profit?
The IRS treats NFTs, short for non-fungible tokens, the same as it does for any other real-world investment.
Government
No, the Build Back Better bill does not include a methane tax on livestock
The methane fee outlined in the Build Back Better bill only applies to petroleum and natural gas systems, not to the agricultural industry.
Money
Yes, South Dakota is a tax haven, but it's not the only state that offers protection and privacy
The Pandora Papers release shone a spotlight on South Dakota as a tax haven. VERIFY researched why the state and others have that reputation.
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