It's the eighth day of my 12 Days of Charitable Giving for 2018. Today's charity is The Children's Organ TransplantAssociation (COTA) Read More

With a showdown looming in Washington over border security, there’s no federal budget in place and the government may shut down. Here's what that means for taxpayers and the IRS Read More

It's the seventh day of my 12 Days of Charitable Giving for 2018. Today's charity is The International Rescue Committee (IRC) Read More

It's the sixth day of my 12 Days of Charitable Giving for 2018. Today's charity is Rise Against Hunger Read More

It's the fifth day of the 12 Days of Charitable Giving. Today's charity is Cure Alzheimer's Fund Read More

The Internal Revenue Service (IRS) is warning about an uptick in phishing emails involving payroll direct deposit and wire transfer scams Read More

It's the fourth day of my 12 Days of Charitable Giving for 2018. Today's charity is The Grey Muzzle Organization Read More

Spanish tax authorities have charged pop singer Shakira with tax evasion for the years 2012, 2013 and 2014 Read More

The Internal Revenue Service (IRS) has issued the 2019 standard mileage rates Read More

It's the third day of my 12 Days of Charitable Giving for 2018. Today's charity is First Book Read More

The Internal Revenue Service (IRS) has made the new form 1040 available, together with new schedules Read More

The IRS has announced that some taxpayers will have a couple of extra days to file in April. For most taxpayers, Tax Day will be April 15, 2019, but taxpayers who live in Maine or Massachuse… Read More

It's the second day of my 12 Days of Charitable Giving for 2018. Today's charity is America’s VetDogs Read More

Tax planning is best done at the beginning of the year, but don't despair: There are still options available at year-end to help you save come tax time. Here are ten year-end moves to make t… Read More

It's the first day of the 12 Days of Charitable Giving for 2018. Today's charity is The Womens Tax Resolution Center, Inc Read More

A tax deduction for charitable giving isn't guaranteed just because you're feeling generous. As with everything in tax law, it's important to follow the rules and with tax reform, those rule… Read More

I received an email allegedly from the Internal Revenue Service (IRS) regarding tax transcripts. It wasn’t actually from IRS: It was a scam. Here's how to tell and what to do if it hap… Read More

President Donald Trump has ordered the federal government to close Wednesday, December 5, 2018, in a National Day of Mourning for former President George H.W. Bush. The Internal Revenue Serv… Read More

The Cincinnati Reds may not have had a winning record in Major League Baseball this year, but they were big winners in court. The Ohio Supreme Court ruled 5-2 that the Cincinnati Reds aren't… Read More

The Internal Revenue Service (IRS), state tax agencies and the nation’s tax industry are warning taxpayers to be on the lookout for scams at this time of year. The call follows what th… Read More

It will cost you more to buy all of the gifts in the classic carol, "The Twelve Days Of Christmas" in 2018. Here's the list according to the 35th PNC Christmas Price Index Read More

With the launch of OhioCrypto.com, Ohio will become the first state in the nation to accept tax payments using cryptocurrency Read More

The days of sales-tax-free Cyber Monday shopping are disappearing for most consumers. In 2018 more retailers are charging sales tax on online purchases Read More

If you're looking for some charitable inspiration - or hoping to inspire someone on your own - you're in luck: The 12 Days Of Charitable Giving are coming! Read More

The Internal Revenue Service (IRS) is warning about a new “tax transcript” scam. In the scam, taxpayers are tricked into opening emails that look like they are from the IRS - but… Read More

The Internal Revenue Service (IRS) has announced the annual inflation adjustments for more than 60 tax provisions for the year 2019, including tax rate schedules, tax tables, and cost-of-liv… Read More

The New Jersey Division of Taxation has announced the launch of their Tax Amnesty program. The program is intended to provide individuals and businesses with the opportunity to pay back taxe… Read More

Last year, the nation was captivated by the seemingly heartwarming tale of a good Samaritan who helped a young woman out of a jam. This week, the story took an even more startling turn: It w… Read More

If you don’t think what you post on social media matters, think again. France has announced that it will begin searching social media accounts next year in an effort to crack down on t… Read More

The Internal Revenue Service (IRS) has issued a reminder to taxpayers with expiring an Individual Taxpayer Identification Number (ITIN) to submit their renewal applications Read More

Tomorrow, voters across America will head to the polls to cast ballots in local, state and federal elections. Voting in America has never been without controversy - going all the way back to… Read More

The Internal Revenue Service (IRS) has announced that it has reached an agreement with the Free File Alliance that will continue the program and make it better for the 2019 tax filing season… Read More

Actor Wesley Snipes still owes the Internal Revenue Service (IRS) millions after the U.S. Tax Court has rejected his bid to reduce his tax debt Read More

Here are 13 uses for leftover Halloween candy—complete with the tax consequences Read More

Just weeks after the Social Security Administration (SSA) warned about an Office of the Inspector General (OIG) impersonation scheme, the Acting Inspector General of Social Security, Gale St… Read More

As part of those preparations, the IRS is reminding tax professionals that they must renew their Preparer Tax Identification Numbers (PTINs) for 2019 Read More

Al Capone reportedly boasted, "They can't collect legal taxes from illegal money." He found that wasn't true on this day in 1931 when he was sentenced to prison for tax evasion Read More

The Internal Revenue Service (IRS) has announced tax relief for victims of Hurricane Michael. Those taxpayers in parts of Florida and elsewhere who have been affected by the storm have until… Read More

Rising interest rates may be wreaking havoc on the markets, but they mean good news for those relying on Social Security: More than 63 million Americans will see an increase in their Social… Read More

Nearly three years ago, 'Real Housewives of New Jersey' star Teresa Giudice was headed home after being released from prison. Giuseppe “Joe” Giudice, won’t have the same op… Read More

The Social Security Administration issued a warning today about an ongoing Office of the Inspector General impersonation scheme. The scheme echoes a pattern where thieves pretend to be from… Read More

Taxpayers still have just about a week to file 2017 tax returns with an extension. Here are the answers to some of the most popular questions about extensions Read More

Earlier this year, reality TV star Mike "The Situation" Sorrentino and his brother, Marc Sorrentino, pleaded guilty to violating federal tax laws. Today, the Sorrentinos learned their fate Read More

As part of the Tax Cuts and Jobs Act (TCJA), there have been changes to the treatment of certain business-related expenses, including business meals and entertainment. The Internal Revenue S… Read More

Every year, there are updates to per diem rates to reflect cost-of-living adjustments.The new per-diem numbers are now out, effective October 1, 2018 Read More

Taxpayers got a bit of a break this week when the Internal Revenue Service (IRS) offered guidance for taxpayers who moved in 2017, but expenses weren’t reimbursed or paid until 2018 Read More

The IRS issued a statement confirming that it will not release a 2019 form W-4 which is significantly different from the current form Read More

As the Carolinas scramble to recover after Hurricane Florence, the Internal Revenue Service (IRS) has issued a reminder to taxpayers that criminals and scammers will try to take advantage of… Read More

Wondering how you can assist victims of Hurricane Florence? Here's what you need to know Read More

The Internal Revenue Service (IRS) hasannouncedtax relief for victims of Hurricane Florence Read More

Wondering what the 2019 tax rates will look like? Here's a quick look at the projected rates for next year Read More

This week, House Republicans introduced legislation, referred to as Tax Reform 2.0, that would expand the Tax Cuts and Jobs Act (TCJA). Here's what's in the proposals Read More

As Hurricane Florence moves this way, the Internal Revenue Service (IRS) is reminding individuals and businesses in other parts of the country that it’s a good time to create or update… Read More

As football season kicks off, be sure to note changes under tax reform that might affect your gambling winnings and losses Read More

We all love a good social media-driven charitable story. But what happens when things don't go as planned? Read More

The clock continues to tick down for taxpayers hoping to take advantage of the Offshore Voluntary Disclosure Program (OVDP). The Internal Revenue Service (IRS) will close the program on Sept… Read More

Some families are saying goodbye to summer this weekend as they gear up for school, but what's the reason for back-to-school start dates across the country? Could it be money? Read More

This summer, the form W-4 got a little bit smaller. But, tax practitioners warn, smaller doesn’t mean easier. Simple, it turns out, is still hard Read More

Today, the Internal Revenue Service (IRS) announced that it intended to issue proposed regulations to clarify who is a qualifying relative for the new $500 credit for dependents and head of… Read More

The Internal Revenue Service has announced that combat-zone contract workers may now qualify for the foreign earned income exclusion Read More

The Internal Revenue Service (IRS) has released proposed regulations intended to address the workaround proposed by a handful of states in response to the Tax Cuts and Jobs Act (TCJA). Here'… Read More

In my Back To School Myths series, I’ll help you sort out truths from myths when it comes to school and taxes. Today’s myth: Federal tax breaks exist for homeschooling Read More

In my Back To School Myths series, I’ll help you sort out truths from myths when it comes to school and taxes. Today’s myth: School uniforms are deductible Read More

President Trump’s former personal lawyer, Michael Cohen, pleaded guilty today to a total of eight counts of tax evasion, making false statements, and campaign finance violations. Here… Read More

The jury reached a partial verdict inUSA v. Manaforttoday. Paul J. Manafort, Jr., President Donald Trump’s former campaign chairman, was found guilty of five counts of tax fraud, two c… Read More

In my Back To School Myths series, I’ll help you sort out truths from myths when it comes to school and taxes. Today’s myth: You can deduct private school tuition on your taxes Read More

In my Back To School Myths series, I’ll help you sort truths from myths when it comes to school and taxes. The first myth I’ll tackle: There is no longer a deduction for student… Read More

Figuring out Social Security and Medicare taxes and benefits can be confusing for taxpayers. Unfortunately, the Social Security Administration (SSA) warns, some taxpayers seeking information… Read More

There are a lot of changes in the Tax Cuts and Jobs Act which may affect your overall tax picture - especially for families. The Internal Revenue Service (IRS) encourages families to check t… Read More

The defense rested in USA v. Manafort yesterday following 11 days of court proceedings. Paul J. Manafort, Jr., President Donald Trump’s former campaign chairman, has been charged with… Read More

Earlier this week, the Internal Revenue Service (IRS) issuedproposed regulationsfor Section 199A, a key element of the Tax Cuts and Jobs Act. The section 199A deduction, sometimes called the… Read More

The Internal Revenue Service (IRS) has finally issued proposed regulations for Section 199A, the tax reform deduction which applies to sole proprietorships and pass-through entities. Here&rs&hell…Read More

It's hurricane season across the U.S., which also means it's peak time for charitable scams. You can be charitable following a natural disaster without becoming a victim. Here's what you nee… Read More

The Tax Jobs and Cuts Act (TCJA) was signed into law last year, with the promise that most taxpayers would get a tax break. However, the General Accounting Office (GAO) is warning that, unle… Read More

According to the courts, Congress never gave the Internal Revenue Service (IRS) the authority to license tax preparers, and the IRS can’t give itself that power. However, Senator Rob P… Read More

Think we’re finished with tax cuts in 2018? Not so fast. The Trump administration is considering what’s being touted by some as another tax cut Read More

The Internal Revenue Service (IRS) has announced that tax relief is available - retroactively - for veterans who received disability severance pay after January 17, 1991, and included that a… Read More

Think that we’re done with tax reform? The Tax Cuts and Jobs Act (TCJA) was passed in December of 2017, with many of the provisions taking effect in 2018. Now, Congress is pushing for… Read More

The American Bar Association has revealed that an employee had diverted about $1.3 million from the entity over a period of eight years. The theft was made public via the company’s ann… Read More

Why can’t the government catch these guys? That was the sentiment as those Internal Revenue Service (IRS) impersonation phone scams exploded. Arrests were finally made, and this week… Read More

The Acting Inspector General of Social Security, Gale Stallworth Stone, has issued a warning about a phone scam from thieves pretending to be from the Social Security Administration (SSA). I… Read More

The Pennsylvania Supreme Court handed the City of Philadelphia a win today when it upheld a previous ruling that the tax on sweetened beverages is legal Read More

Leaders in some states have complained about feeling targeted by deduction caps imposed on state and local taxes (SALT). Today, four states (Connecticut, Maryland, New Jersey, and New York)… Read More

Manchester United was missing Alexis Sánchez at the start of its US tour. The forward was reportedly denied access to the United States due to a tax fraud conviction Read More

Ask The Taxgirl. Today, I tackle whether it makes sense to treat your home as a rental to save on taxes following tax reform Read More

Headed to the gym this summer? You may soon be able to claim a tax benefit for the trip. The House Ways and Means Committee has advanced a bill which would grant taxpayers a break on gym mem… Read More

Exactly how big a bite does the tax man take from players? Depending on the country, top tax rates can range from 13% to over 50%. Here's a glimpse at the top tax rates for each of the count… Read More

It's Ask The Taxgirl! Today I tackle what to do with your tax refund Read More

Supreme Court justices typically don't cut their teeth on tax cases and nominee Brett Kavanaugh is no exception. There is one tax-related case, though, in his career that stands out. Here's… Read More

The Large Business and International of the Internal Revenue Service (IRS) has announced five additional compliance campaigns. The campaigns target AMT credits carryforwards, S corporation d… Read More

Whether you're considering serving up slices, mowing lawns or ringing up groceries, here's what kids - and their parents - should know about summer jobs and taxes Read More

On July 4, 1776, in Philadelphia, Pennsylvania, the Continental Congress formally adopted the Declaration of Independence. Here's how the story began - with taxes, tea, and tariffs Read More

Earlier this year, the Uganda Parliament approved a tax on access to over the top (OTT) services - a tax on the use of social media. Critics argue that the tax is an unreasonable attempt to… Read More

Leaders of tax enforcement authorities - including the IRS - have announced that they have created a united operational alliance, the Joint Chiefs of Global Tax Enforcement, known as the J5… Read More

The IRS has released an early release draft of the 2018 IRS Form 1040. Here's a look, as well as a summary of how it's like the current form - and how it's different Read More

"The IRS doesn’t have enough employees to provide basic taxpayer service." That was the message coming from National Taxpayer Advocate (NTA) Nina E. Olson in her mid-year report to Con… Read More

On June 14, 2018, soccer's World Cup, kicked off. With 32 teams each boasting a squad of 23 players, there are more than 700 players making an appearance. Of those, here are eight soccer pla… Read More

There may be tax consequences for repaying - or not repaying - what you owe. When it comes to paying back student loans, here's what you need to know Read More

As retailers pushed back, the question of what's fair game became more important. Today, the Supreme Court offered an answer: States have broad authority to require online retailers to colle… Read More

The Republicans promised that tax reform would yield a new, postcard-sized form 1040, and now, Treasury Secretary Steven Mnuchin says they will deliver Read More