I’ve received a lot of feedback about notifications for my weekly column on Bloomberg Tax. I agree that it would be much more useful if you could get a ping every time it goes live. Unfortunately, that functionality is not yet available (though, sit tight, because some things are in the works).I have been posting the links on Twitter (@taxgirl), Facebook (@taxgirl), and LinkedIn (@taxgirl). I would encourage you to consider a follow on one of the social media platforms – the tax communities on social are so fantastic – but I appreciate that not everyone has the bandwidth, mentally or otherwise, to participate. As a workaround, I’ll be posting the link to my column each week here – on Taxgirl – so that my readers can easily find my column. The column does live on Bloomberg Tax, but it is outside of the paywall. You don’t have to be…
https://player.captivate.fm/episode/18524b1a-01dd-4345-a003-7dba63751e23/ In September, there were still about 17.6 million tax returns awaiting processing, and the IRS anticipates receiving over 4 million more returns in October. The delay has resulted in a lot of frustrated taxpayers, especially those grappling with error notices and being charged penalties and interest for alleged mistakes. Those penalties add up. For the fiscal year 2020, the IRS assessed nearly $31.4 billion in civil penalties. But are those penalties fair? Are there claims or defenses that can get taxpayers out of those penalties? There’s a lot that can go wrong while filing a tax return because the tax code is so huge and increasingly complicated. How can taxpayers seek accessible tax advice, and even defend tax penalty notices if necessary? On today’s episode of the Taxgirl podcast, Kelly is joined by Andrew Gradman to chat about the general scope of tax penalties and what taxpayers can do…
https://player.captivate.fm/episode/bc85ecc8-ff05-4e47-9f25-5756134d1703/ At age 26 in 2008, pop star Britney Spears was put under a court-sanctioned conservatorship. That meant that other people (including her father) that had been named as a conservator were allowed to make decisions about her career and her money. The story has attracted so much attention that it has its own New York Times documentary, and its own hashtag on Twitter, known as the #freeBritney movement. Recently, after 13 years of acting as a conservator, Britney Spears’ father finally agreed to step down from his position managing his daughter’s estate and career. Britney Spears’ conservatorship and the associated #freeBritney movement has brought a lot of attention to these legal scenarios, but what do guardianships and conservatorships actually entail? On today’s episode of the Taxgirl podcast, Kelly is joined by Alexandra “Sasha” Golden to explain more about conservatorships and why Britney Spears’ case has folks so captivated. Sasha…