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Death & Taxes: Elvis Presley Topped Charts And Tax Brackets
On this day in 1977, the world learned that Elvis Presley had died. A successful entertainer, Elvis made millions – and paid millions in taxes – during his lifetime. Even after death, Presley’s legacy – as well as his ability to make money – lives on.
Why Justice Matters (Revisited)
Today, we celebrate the life of Martin Luther King, Jr. I’m working on a post about service. But in the meantime, I am reposting something that I wrote around this time last year. It remains one of my favorite posts. Enjoy! — I’ll be frank. I don’t always love being a lawyer. When I was…
Snakes In A Tax Office
It’s not unusual to hear reports of corruption in tax offices in some states in India. Taxpayers have come to understand that it’s a way of life, including regular demands by public officials to pay bribes, sometimes holding tax records hostage until the bribes were paid. Well, some taxpayers. Two farmers in Basti, located in…
Taxes From A To Z (2013): G Is For Government Debt
Practically every year, I get a query or two about how to make a donation to the federal government to pay down the debt. Apparently, it’s keeping some of you up at night. It’s a complicated issue because most of us can’t explain, at any given time, what the debt is and how it’s calculated….
Fix The Tax Code Friday: E-filing
Following up on my post yesterday, today’s Fix the Tax Code Friday question is: Do you think that the IRS should be allow to select which providers offer electronic tax filing? Kelly Phillips Erb Kelly Phillips Erb, known as Taxgirl, is a tax attorney, writer, and speaker who explains tax news, IRS updates, scams, financial…
What's Mine Is Yours: IRS Issues Estate Tax Portability Guidance
Last December, Congress pushed through a whole set of changes meant to make them look good on Election Day things easier for taxpayers. One of the changes was the new portability provision which allows spouses to “share” their federal estate tax exclusion amounts with each other. Each person is allowed an exclusion for federal estate…
