The Internal Revenue Service (IRS) has issued its 2023 standard mileage rates. Beginning on January 1, 2023, the standard mileage rates for the use of a car,
Read MoreAsk The Taxgirl: Mitigating Tax By Investing
Taxpayer asks: Can I reduce or eliminate taxes from civil suit and punitive damages winnings by immediately investing in a home? Taxgirl says: Unfortunately, no.
Read MoreCan I Wait Out the IRS?
There are two parts to settling up with the IRS: assessment and collections. I took a look at what you need to know about IRS
Read MoreTaxpayers Can Learn From GoFundMe Scam
Recently, a New Jersey woman was sentenced for her involvement in an infamous GoFundMe scam. The saga is a good reminder that you should take
Read MoreAvoiding Ending Up on Tax Debt Lists
Tax agencies have a variety of ways of encouraging tax compliance, including publishing taxpayer delinquency lists and filing liens. The rules—and your options—can vary between
Read MoreUS Expat Taxes for Americans Living Abroad
Filing taxes can be a complex process involving different rules and stipulations for American citizens living outside of the United States. What do Americans citizens
Read MoreGender and Equality in the Tax Profession
Supporting gender equality within the global tax accounting and legal industries is essential. This month, female representation takes on even more meaning, as it is
Read MoreThe Impact of Inflation in 2022
Recently, Americans have experienced rising prices. But when it comes to economic inflation, how does this affect the taxes you are expected to pay? How
Read MoreShedding Light on the New Requirements for Information Reporting
Over the past few years, the IRS has increased its compliance and enforcement efforts focused on payment transactions between US and foreign persons. However, these
Read MoreWhat CEOs Think About The Economy and New Challenges Ahead
The world seems to be finally recovering as we come out of the pandemic. The global economy has rebounded and the global GDP is projected
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