Nevada Pops New Tax On Burning Man, iHeartRadio, Other Music Festivals

Heading to Nevada to catch your favorite entertainer this year? Better book a ticket for summer. Beginning in October 2015, tickets to live entertainment may be subject to a new 9% tax on admissions. All events held in venues capable of holding 15,000 or more concertgoers are subject to the new tax. The tax is … Read more

Numerous FIFA Officials Arrested In Massive Corruption Scheme Tied To World Cup, Other Tournaments

The soccer world was rocked this morning to learn 14 defendants have been charged with racketeering, wire fraud, money laundering conspiracies, and other offenses, in a wide-ranging corruption scheme. The defendants include two current FIFA Vice Presidents as well as the current and former Presidents of the Confederation of North, Central American and Caribbean Association … Read more

Taxpayer’s Call To IRS Accidentally Broadcast On Howards Stern’s Radio Show

Coming to terms with your tax issues can be intimidating and sometimes, embarrassing. It’s even more embarrassing when your private information is broadcast to millions of people. That’s exactly what a woman from Cape Cod, Massachusetts, says happened to her. The woman says she called the Internal Revenue Service (IRS) to talk about her tax … Read more

I’m Going Back To The Movies!

It’s ba-a-ack! Back by popular demand, this summer, Taxgirl is going back to the movies! That’s right, with Memorial Day blockbusters waiting in the wings, I’m reviving my “Taxgirl Goes To The Movies” feature. Here’s how it works: From time to time, beginning after Memorial Day, I’ll choose a movie to review. It may be … Read more

It’s No Joke: Colbert Announces Funding For All SC Public School Requests On DonorsChoose

Earlier this month, South Carolina public school teachers received some good news when Stephen Colbert announced that he would fund all of their existing grant requests on the web site DonorsChoose.org. The announcement, made at a surprise event at Alexander Elementary School, means that nearly 1,000 projects totaling more than $800,000 in 375 schools will … Read more

Widow Of Former Pacers Owner Sues IRS For $21 Million, Says Team Became An ‘Embarrassment’

Last year, the Indiana Pacers found themselves in a National Basketball Association (NBA) showdown with the Miami Heat. As the regular season was winding down, a game hyping the #BeastsoftheEast would determine the Eastern Conference’s top seed. The Pacers took the game with a narrow 84-83 victory. This season tells a different story. With a … Read more

Wahlberg And Diddy Bet $250,000 On Mayweather & Pacquiao Fight

On May 2, “The Fight of the Century” is happening in Vegas. If you have somehow missed out on the hype, the fight features star boxers Floyd Mayweather and Manny Pacquiao. American boxer Mayweather is currently undefeated as a professional. He has 47 wins and five division world championships. Last year, Forbes put him at the … Read more

4/20: The Blunt Truth About Marijuana & Taxes

There was a time when the term 4/20 drew either blank stares or giggles. The term, which refers to marijuana, has become more mainstream in recent years and April 20, once considered a counterculture holiday, is actually trending on Twitter. The reality is that marijuana doesn’t have the same taboo as it did before. That’s … Read more

10 Notorious Tax Cheats: Al Capone, Public Enemy Number One

“They can’t collect legal taxes from illegal money.” Those infamous words would eventually come back to haunt Alphonse Gabriel Capone, better known as Al Capone, Public Enemy Number One. Born in Brooklyn, New York in 1899, Al Capone quickly became acquainted with street gangs. He dropped out of school in the sixth grade at age … Read more

After BBC Sacks Top Gear’s Clarkson, Viewers Say They Won’t Pay Tax

I am not a car person. I never have been. My first car was my parents’ old Buick, I now drive a practical but boring Honda. I’ve never been to the Philadelphia Car Show. And I’d rather have a root canal than go to a car dealer. Despite this, I managed to raise a car … Read more