Posts tagged as:

tax

Sunday Mailbag: The Edition Where I Talk About Tax Pros

22 January 2012

I had a great time on Friday with our “Ask the taxgirl LIVE” segment. I know there wasn’t a lot of notice about it and yes, I heard about it (thanks for your emails and messages). This was my first time live blogging on Forbes and we had some technical pieces to work out. That [...]

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Tax Season in Full Swing, E-File Now Open

21 January 2012

It’s cold and snowy out today in [entity display="Philadelphia" type="place" active="true" key="pa/philadelphia"]Philadelphia[/entity] and across much of the country. It’s the kind of day where you really should stay inside and get things done… like maybe your taxes. The IRS previously declared that the 2012 tax season has officially kicked off and this week, the IRS [...]

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Ask the taxgirl LIVE

20 January 2012

Tax season has started which means two things: 1, You have questions; and 2, The IRS is only going to answer 70% of them. So I’m going to take a stab at answering some of your questions LIVE. We’ll give it a whirl via CoverItLive on the blog on January 20, 2012, at 1:00 pm. [...]

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Quelle Horreur! Mitt Romney Pays ‘About 15% Tax Rate’

18 January 2012

Under growing pressure from other GOP candidates, GOP presidential hopeful and frontrunner Mitt Romney has released some limited information about his finances this week. It turns out *gasp* that Romney has done pretty well for himself over the years. But, really, we already knew that . While we don’t know the specifics, Romney’s net worth [...]

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My Best Tax Advice Ever, Part III: Make Friends With a Tax Pro

17 January 2012

So I’m going to let you in on a little secret: I don’t prepare my own tax returns. Completely true. It is how I stay married. You see, I used to prepare my own returns for my business and for my household. And I did just fine for a bit. But then I had three [...]

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As South Carolina Goes, So Does the Nation?

15 January 2012

This week, the eyes of the nation turn to South Carolina. No, not for the 37th Annual South Carolina Square and Round Dance Convention (though who among us doesn’t enjoy a good line dance?). They’ll be watching the South Carolina Republican primary, to be held on January 19, 2012. I know what you’re thinking: why [...]

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Tax Talk 2012: Lee Wrights

14 January 2012

As I noted before, in terms of what affects voters the most, I feel strongly that it’s important to understand what it is that each candidate hopes to bring to the table in terms of tax incentives, tax policy and tax proposals. With that in mind, I contacted each of the candidates who has officially [...]

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Credit Card Reporting for Tax Purposes Debuts This Month

13 January 2012

Form W-2, check. Form 1099-Misc, check. Form 1098, check. Form 1099-K… wait, what? Yep, there’s a new form from the IRS out this year and one might be landing in your mailbox soon. The federal form 1099-K, Merchant Card and Third Party Network Payments, will debut early this year: forms 1099-K are due to merchants [...]

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Are You Ready for Government Prepared Tax Returns?

13 January 2012

“The income tax has made more liars out of the American people than golf has.” – Will Rogers But what if it were easier? And what if the IRS made it nearly impossible to lie? What then? Last year, IRS Commissioner Doug Shulman hinted that one way to reduce the potential for tax fraud was [...]

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Where The Heck Are My Tax Forms?

12 January 2012

Dear overeager taxpayers: As an employer and a tax professional, I am asking you in the nicest way possible: please be patient. I know you want to file your tax return already. Apparently you’re one of the lucky folks getting a refund this year. And I know you want your money. But give us some [...]

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