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Despite Delays, Taxes Still Due April 15: St. Louis Tax Expert Lance Weiss

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(via Flickr/Tax Credits)
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Last year, Congressional negotiations over the so-called fiscal cliff put year-end tax considerations in flux.

A deal was reached, and though the filing acceptance date was delayed a couple of weeks, the Internal Revenue Service is now accepting most 2012 tax returns.

The IRS did not, however, change the tax due date of April 15, 2013.

Host Don Marsh talked with St. Louis-based tax expert Lance Weiss, CPA, of SFW Partners, LLC.

“The 2012 tax issues have been nailed down now. The IRS is not quite ready to receive all the forms electronically that changed because of that late last-minute tax law - general business credit or some of the new market type tax credits,” Weiss said.

When do you taxes become too complicated for using a program such as Turbo Tax?

Weiss is a fan of such programs, though using them, he says, is a personal decision.

“It’s really going to depend on the comfort level of the individual. I know people who manage their own money up to very high dollars of wealth and then I know some other people who, as soon as they get a thousand dollars ready to invest, hire someone to help them do that. 

When I see people really having the need to hire a tax professional, is when they start to get into some areas related to purchasing rental properties or entering into a business venture.” – Lance Weiss, CPA

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Alex is the executive producer of "St. Louis on the Air" at St. Louis Public Radio.
Mary Edwards came to St. Louis Public Radio in 1974, just after finishing her Bachelor of Music degree at the University of Missouri-St. Louis. She has served the station in a number of capacities over the years. From 1988-2014 she also taught an undergraduate class in radio production at Webster University. Mary was inducted into the St. Louis Media History Foundation Media Hall of Fame in April, 2017 and received the Gateway Media Literacy Partners' Charles Klotzer Media Literacy Award in 2012. Mary retired from St. Louis Public Radio in 2018, but still serves the station as a St. Louis Symphony Producer.
Don Marsh served as host of St. Louis Public Radio’s “St. Louis on the Air" from 2005 to 2019, bringing discussions of significant topics to listeners' ears at noon Monday through Friday. Don has been an active journalist for 58 years in print, radio and television. He has won 12 Regional Emmy Awards for writing, reporting, and producing. He is the recipient of a Lifetime Achievement Award from the National Academy of Television Arts and Sciences, was inducted into the St. Louis Media Hall of Fame in 2013, and named “Media Person of the Year” by the St. Louis Press Club in 2015. He has published three books: his most recent, “Coming of Age, Liver Spots and All: A Humorous Look at the Wonders of Getting Old,” “Flash Frames: Journey of a Journeyman Journalist” and “How to be Rude (Politely).” He holds an honorary Doctor of Arts and Letters degree from the University of Missouri-St. Louis.

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