You didn’t have to look hard in 2018 to find folks talking about tax – especially on social media. Thanks to tax reform, SALT became a common term outside of the culinary world. Section 199A made headlines (and headlines and headlines). And, the complexities of sales tax were debated at the Supreme Court and in your Twitter…
It’s the final day of my 12 Days of Charitable Giving for 2018. Readers have suggested deserving charities over the past few weeks, and I’ll be posting one a day for—well, 12 days (I’m clever that way). Today’s charity is The National Center on Addiction and Substance Abuse (“The Center”). Forty million Americans ages 12 and…
The Queen of Soul, Aretha Franklin, died of pancreatic cancer on August 16, 2018. She left behind a musical legacy, an estate worth $80 million, and, according to court filings, millions of dollars in unpaid taxes. Franklin, who died without a will, already had a messy estate: her four sons filed documents in the Oakland…
It’s the eleventh day of my 12 Days of Charitable Giving for 2018. Readers have suggested deserving charities over the past few weeks, and I’ll be posting one a day for – well, 12 days (I’m clever that way). Today’s charity is beGirl.world (bGw). beGirl.world was founded as a vehicle to teach and expose the…
The United States Tax Court has announced that it will shut down beginning Friday, December 28, 2018, at 11:59 p.m. and will remain closed until further notice.
It’s the tenth day of my 12 Days of Charitable Giving for 2018. Readers have suggested deserving charities over the past few weeks, and I’ll be posting one a day for—well, 12 days (I’m clever that way). Today’s charity is the National Constitution Center. I’m admittedly a little biased here, and not just because the…
Taxpayer asks: Dear Taxgirl: So I was trying to figure out how screwed we (my wife and I ) are because of the new 2018 “tax cuts” and it looks like we lost about 16k worth of deductions. we paid approx. 22k in state, local and property tax (Paul Ryan would call this the SALT…
It’s the ninth day of my 12 Days of Charitable Giving for 2018. Readers have suggested deserving charities over the past few weeks, and I’ll be posting one a day for—well, 12 days (I’m clever that way). Today’s charity is Truth Be Told. Truth Be Told’s programs, which are designed by women, provide a safe, healing…
It’s the eighth day of my 12 Days of Charitable Giving for 2018. Readers have suggested deserving charities over the past few weeks, and I’ll be posting one a day for – well, 12 days (I’m clever that way). Today’s charity is The Children’s Organ Transplant Association (COTA). Currently, nearly 2,000 children under the age of 18 are…
Millions of taxpayers expect to be ready in January when tax season opens, but will the Internal Revenue Service (IRS) be ready? With a showdown in Washington over border security, there’s no federal budget in place. That means that funding for many government agencies has run out, resulting in a partial shutdown. Among those affected?…
