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 is…
Quick, close your eyes. Now open them. You know, cause you can’t read the blog with your eyes closed. But remember how it looked. It was dark, right? Unfortunately, due to technical issues, I can’t actually make the site go dark for SOPA (the Stop Online Piracy Act). But I want you to get the…
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…
Today, we celebrate the life of Martin Luther King, Jr. To honor the day, I am reposting something that I wrote around this time three years ago. It remains one of my favorite posts. Enjoy! — I’ll be frank. I don’t always love being a lawyer. When I was a little girl, I used to watch…
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…
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…
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…
“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…
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…
With just a few days to go before the IRS starts to accept e-filed returns, my inbox is chock full of Ask The Taxgirl® emails. Here are some things to remember: I get a lot of emails and I read every single one. I’m not ignoring you but you’re also not the only email I’ll…