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.
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It’s Your Last Day To Vote!
Today is the last day to vote in the “Taxgirl Goes to the Movies” series! Vote for your favorite(s) by leaving comments at the post (links below). The most commented movie review will result in a prize for the person who made the nomination. Ratatouille Trading Places Casablanca Blow The Shawshank Redemption As of this…
12 Days Of Charitable Giving 2020: Halftime Gear
It’s the last day of my 12 Days of Charitable Giving for 2020. Readers have suggested deserving charities over the past few weeks, and I’ll be posting the results here. Today’s charity is Halftime Gear. Okay, confession time and full disclosure: for years, all of the charities on the 12 Days lists have been nominated…
It’s a Twitter Party!
This evening, I’ll be live tweeting tax questions on twitter as part of SentrySafe’s Twitter Party. To participate, follow me on twitter (@taxgirl) and SentrySafe (@SentrySafe). Then, pop into twitter.com tonight between 8:00p.m. and 9:00p.m. EST. Use the hashtag #Taxsavvy If you’ve never tweeted before, here’s your chance to try it out. I promise I…
Tax Trivia Giveaway #2: Prostitution & Tax Evasion
Our next tax trivia question is: Cristina Warthen (née Cristina Schultz), now married to Ask Jeeves founder David Warthen, is a Stanford Law School grad who grossed more than $300,000 working as a hooker in California under the name “Brazil.” She escaped prosecution for prostitution but admitted to hiding money from the taxing authorities by stashing funds…
An Inconvenient Tax Giveaway
(Editor’s note: We have our winners! Congrats to Jeremy Nabors and Mary Sublette. I’ll be contacting you both.) Yes, I know the post title sounds awkward. But it’s also kind of funny, all things considered, and it’s accurate, so I’m keeping it. You see, a couple of years ago, I had the privilege of appearing…
Ask The Taxgirl: Reporting Roth IRA Conversions
Taxpayer asks: In 2010 I converted 40K from a traditional IRA to a Roth IRA. According to the rules I was allowed to defer payment of taxes on this until 2011 and 2012. How and where do I report income on my 2011 and 2012 returns?Thank you, taxgirl says: The rules for converting to a…
