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Taxgirl

Because paying taxes is painful… but reading about them shouldn’t be.

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Month: June 2018

A Quick Look At North Korea From History To Taxes

Kelly Phillips ErbJune 12, 2018July 11, 2022

Earlier this week, the world turned its eyes on North Korea as President Trump met with the country’s leader, Kim Jong Un, in Singapore. Here’s a brief look at the country’s history, economy – and why the government claims its people don’t pay taxes.

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IRS Announces Interest Rates For Late Payments And Tax Refunds

Kelly Phillips ErbJune 11, 2018July 11, 2022

The Internal Revenue Service (IRS) has the interest rates for the third calendar quarter. Here’s what it means for taxpayers who owe money – and for those who are owed money.

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A $3.3 Million Lunch With Warren Buffett Could Be A Good Tax Move

Kelly Phillips ErbJune 7, 2018July 11, 2022

Earlier this week, a charity auction to have lunch with Warren Buffett resulted in a winning bid of $3,300,100.
When you have the means to spend $3 million on lunch, you might not be looking for a tax break. But here’s why it could make good tax sense this year.

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Trustees Report That Social Security Benefits Could Be At Risk

Kelly Phillips ErbJune 5, 2018July 11, 2022

Each year, the Trustees for Social Security release an annual report on the financial outlook for Social Security and Medicare. The key takeaway this year: Both face long-term financing shortfalls.

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More Tax Guidance Is Needed On Cryptocurrency

More Tax Guidance Is Needed On Cryptocurrency

Kelly Phillips ErbJune 5, 2018July 11, 2022

As cryptocurrency continues to grow and evolve, more tax guidance is needed, not only to clarify questions from the IRS’ initial notice but also to address unexpected events like forks and splits.

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IRS Warns Taxpayers To Watch Out For Scams

Kelly Phillips ErbJune 3, 2018July 11, 2022

Now that tax season is over, the Internal Revenue Service (IRS) is warning taxpayers to remain on alert for phishing emails and telephone scams.

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Sales Tax Trivia On National Doughnut Day

Sales Tax Trivia On National Doughnut Day

Kelly Phillips ErbJune 1, 2018July 11, 2022

It’s National Doughnut Day. Here’s what you need to know about free doughnuts and sales tax.

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