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Taxgirl

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Month: July 2018

Trump Administration Considers Indexing Capital Gains

Kelly Phillips ErbJuly 31, 2018July 10, 2022

Think we’re finished with tax breaks in 2018? Not so fast. Hot on the heels of tax cuts from the Tax Jobs and Cuts Act (TJCA),

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Combat-Injured Veterans May Be Owed Tax Refunds

Kelly Phillips ErbJuly 30, 2018July 10, 2022

The Internal Revenue Service (IRS) has announced that tax relief is available – retroactively – for veterans who received disability severance pay after January 17,

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House Committee Introduces Tax Reform 2.0

Kelly Phillips ErbJuly 25, 2018July 10, 2022

Think that we’re done with tax reform? The Tax Cuts and Jobs Act (TCJA) was passed in December of 2017, with many of the provisions

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ABA Reveals Theft Of More Than A Million Dollars

Kelly Phillips ErbJuly 23, 2018July 10, 2022

The American Bar Association (ABA) has revealed that a staff member had diverted about $1.3 million from the organization over a period of eight years.

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21 IRS Phone Scammers Finally Face Sentencing

21 IRS Phone Scammers Finally Face Sentencing

Kelly Phillips ErbJuly 22, 2018July 10, 2022

Why can’t the government catch these guys? That was the sentiment echoed in my inbox over and over as those Internal Revenue Service (IRS) impersonation

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Social Security Issues Warning About Scams

Social Security Issues Warning About Scams

Kelly Phillips ErbJuly 20, 2018July 10, 2022

It may be summer, but the bad guys aren’t taking a vacation. The Acting Inspector General of Social Security, Gale Stallworth Stone, has issued a warning about

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Argument Falls Flat As PA Supreme Court Rules Soda Tax Legal

Argument Falls Flat As PA Supreme Court Rules Soda Tax Legal

Kelly Phillips ErbJuly 18, 2018July 10, 2022

The Pennsylvania Supreme Court handed the City of Philadelphia a win today when it upheld a previous ruling that the tax on sweetened beverages is

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States Sue IRS To Strike Down SALT Cap

States Sue IRS To Strike Down SALT Cap

Kelly Phillips ErbJuly 18, 2018July 10, 2022

In the days following tax reform, leaders in some states complained loudly about feeling targeted by deduction caps imposed on state and local taxes (SALT).

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Sánchez Sits Out: Tax Issues May Be To Blame

Sánchez Sits Out: Tax Issues May Be To Blame

Kelly Phillips ErbJuly 17, 2018July 10, 2022

Manchester United was missing Alexis Sánchez at the start of its US tour. The forward was reportedly denied access to the United States due to a tax fraud conviction.

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Ask The Taxgirl: Can You Save Taxes By Treating Your Home As A Rental?

Kelly Phillips ErbJuly 14, 2018July 10, 2022

Ask The Taxgirl. Today, I tackle whether it makes sense to treat your home as a rental to save on taxes following tax reform.

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