The Edmond Sun

Business

Discussion

October 2, 2009

10-3 Business: in brief

EDMOND — Intro to Sustainable Energy Solutions Seminar set for Oct. 13

Enroll in the Introduction to Sustainable Energy Solutions seminar, featuring Bob Willis of Sunrise Alternative Energy set for Oct. 13 from 6:30-8:30 p.m. at OCCC’s John Massey Center.

Willis will discuss key aspects to ensuring new energy sources for today and for future generations. As well, the seminar will cover the three E’s of sustainability — environmental quality, economic vitality and equal opportunity.

To learn more first-hand, register through Corporate Learning at OCCC by calling 682-7562 or by e-mailing rbeam@occc.edu. The cost for the seminar is $25.



‘Dollars and $ense for Today and Tomorrow’ topic of free workshop

Learn the essentials about financial matters for your business, your family and your life at a free workshop scheduled from 9 a.m. to noon Oct. 14 at the Moore Norman Technology Center, Room P210, South Penn Campus, 13301 S. Pennsylvania, Oklahoma City.

In this interactive workshop, participants will learn the difference between cash flow and balance statements, the importance of developing personal and business budgets and how to responsibly prepare for your future and your family’s financial future.

Featured workshop presenters are Carol Hagar, AXA Advisors, Greg Kieson, Moore Norman Business Development Center, and Teresa Malzahn, Edward Jones.

Registration is encouraged and may made be made online at www.ruralenterprises.com.



Taxpayers have until Oct. 15 to file extended 2008 tax returns

The Oct. 15 deadline is fast approaching for millions of taxpayers who requested a six-month extension to file their 2008 tax returns.

It’s also the deadline for special voluntary disclosures by taxpayers with assets in previously undisclosed offshore financial accounts.

In most cases, Oct. 15 is the last day taxpayers may timely file their 2009 federal tax returns. The IRS expects to receive as many as 10 million tax returns from taxpayers who used Form 4868 to request a six-month extension to file their returns. Some taxpayers, for example, may have requested a filing extension to claim the first-time homebuyer credit for a home purchase that closed after the April 15 deadline.

Some taxpayers can wait until after Oct. 15 to file. This includes those serving in Iraq, Afghanistan or other combat zones and people affected by recent natural disasters.

First-time homebuyers may be able to receive this credit of up to $8,000 for home purchases that closed since the beginning of the year. A credit of up to $7,500 that must be repaid over 15 years is available for first-time homebuyers who purchased in 2008. The credit is claimed on Form 5405. See the First-Time Homebuyer Credit page at IRS.gov for more details.

The IRS encourages taxpayers to e-file. E-file with direct deposit results in a faster refund than a paper return. Electronic returns also have fewer errors than paper returns. Oct. 15 is the last day to take advantage of e-file or the Free File program.

Taxpayers with questions on the offshore issue may call the IRS Voluntary Disclosure Hotline (215-516-4777) or visit www.irs.gov.

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