Apparently Being Middle Class In The UK Sucks As Well…
At least according to one of my colleagues across the pond. You can read the reaction to my post about being middle class in America at Tax the Fish.
At least according to one of my colleagues across the pond. You can read the reaction to my post about being middle class in America at Tax the Fish.
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.
In about a week, I’ll be on stage to receive an award from the Philadelphia Business Journal as one of their “40 Under 40” for 2012. Fortunately, my seven year old daughter (one of my three great kids) will be along to help perform my “hidden talent”: I know all of the words to Supercalifragilisticexpialidocious…
As a result of the recent volatility on the stock market, I’ve received a bunch of questions about claiming losses on individual tax returns. What’s been made clear is that there are a lot of misperceptions floating about… I thought I’d try and set some things straight. To keep it simple, I’m going to focus…
Some members of Congress have proposed a “war tax” to fight the increasing costs of the wars in Iraq and Afghanistan. Opponents are crying “no more taxes” while others scramble to reconcile a budget spiraling out of control. So today’s question is: Should Congress impose a war surtax in order to pay for the war?…
It’s my annual Taxes from A to Z series! If you’re wondering how to figure basis for cryptocurrency or whether you can claim home office expenses during COVID, you won’t want to miss a single letter. M is for Mark-To-Market. One of the big buzz phrases from 2019 was “mark-to-market” taxation. That implies that it’s…
Tax Day has come and gone. That doesn’t mean that the filing season is over: now is the time that taxpayers inevitably panic over mistakes on previously filed returns. Missed forms 1099. Overlooked deductions. Incorrect Social Security numbers. Here’s what you need to know to fix your mistakes.
So as the dust settles in the Congressional tax bill, you knew it would only be a matter of time before the hyperbole started. And there it was. Just a day after the tax deal was passed, the headlines were all over the place: TAXES ARE GOING UP! Taxes will rise for most Americans! Higher…