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Waiver of Penalty and Interest Offered for Payment of Delinquent Taxes

The Oklahoma Tax Commission (OTC) has announced that it is offering a limited-time program to encourage the filing and payment of delinquent taxes. The program provides for waiver of all penalty and interest if certain types...more

Gavel to Gavel: Tax-refund fraud – a growing problem

As tax season is now upon us, taxpayers should know that tax-refund fraud is increasingly occurring. This kind of fraud happens when someone uses a stolen Social Security number to file a fraudulent tax return and obtain...more

Win for Wind on Taxes: Federal Income Tax Wind Farm Production Credit Extended for 2015 through 2019 - "Phase-Out" Limits Credit...

Wind farm electric generation facilities in Oklahoma have received a favorable federal income tax credit extension. The federal income tax credit for production of electricity by a qualified facility from wind...more

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