States To Tax Deadbeats: Let’s Make A Deal
Thrilled to be interviewed for a piece in Forbes, out today:
States To Tax Deadbeats: Let’s Make A Deal – Forbes.com
Thrilled to be interviewed for a piece in Forbes, out today:
States To Tax Deadbeats: Let’s Make A Deal – Forbes.com
Kelly Phillips Erb, known as Taxgirl, is a tax attorney, writer, and speaker who explains tax news, IRS updates, scams, financial crime, and money in plain English.
Every year about this time, I get a lot of questions about deducting sales tax paid versus state and local income tax paid on your federal income taxes. Mostly, this comes up because your pockets are stuffed with receipts and you’re wondering whether you should keep them. First, the important part: this option has been…
I filed my taxes today. Yeah, they are late. I almost always file with an extension because I’m so busy in April – I’m not recommending it, I’m just saying it happens. Anyhow, this year, it really hit me how much being middle class in American sucks. And as the words were coming out of…
As interest in alternative currencies like Equal Dollars and BerkShares grows, the tax implications of using currencies for goods and services become more relevant. We know that IRS has its eye on digital currencies like Bitcoin and previously, Liberty Reserve, but what about local currencies?
The Supreme Court has held that the Patient Protection and Affordable Care Act, sometimes called “Obamacare,” authorized federal health care tax credits for taxpayers living in states with exchanges and taxpayers living in states without exchanges who rely on the federal exchange. The final decision was 6-3 with Chief Justice Roberts delivering the opinion. Justices Kennedy,…
With very little fanfare, a tax case in New York may shake up the online world as we know it. In April 2008, New York passed a new law targeting online sales and requiring that online retailers collect and remit sales tax to the state. Amazon.com balked at the new law and later filed suit…
Welcome to my fifth in a series on state taxes! For information about what I’m trying to do, read my introductory bit. Next on the agenda, the state that we’ve all heard a lot about this year when it comes to taxes: California! CALIFORNIA Population: 36,756,666 (1st) Capital: Sacramento Largest City: Los Angeles Gross Domestic…