It’s true: Simple is hard. In an effort to make things easier for taxpayers and tax forms issuers, the Internal Revenue Service (IRS) is bringing
Read MoreYear: 2019
IRS Is Hiring More Employees
Hear that noise? It’s the collective sighs of tax professionals around the country upon learning that the Internal Revenue Service (IRS) is in the midst
Read MoreIRS Confirms That Making Large Gifts Won’t Adversely Impact Estates
Ready to do some estate planning, but worried that the rug could be pulled out from under your feet once the Tax Cuts and Jobs
Read MoreWhat You Need To Know About Divorce, Retirement Accounts And Taxes
In law school, one of our professors noted the irony of divorce settlements. It’s funny, she remarked, that two people who often found it difficult
Read MoreAsk The Taxgirl: Are Home Equity Loans Still Deductible?
Taxpayer asks: In September 2017 we refinanced our house to pay off crushing credit card debt we incurred during the recession and could not hope
Read MoreIRS: Take Steps To Ensure A Smooth Tax Filing Season In 2020
Ready for tax season? The Internal Revenue Service (IRS) is urging taxpayers to take steps now to make sure that all goes well in 2020.
Read MoreHow To Nominate Your Favorite Charity For The 12 Days Of Charitable Giving
As the calendar year winds down, savvy taxpayers are looking for ways to make year-end gifts that can whittle down taxable income and save dollars come tax
Read MoreAsk The Taxgirl: Paying Taxes On Bitcoin Transactions
Taxpayer asks: I paid short term and long term capital gains on my Bitcoin when I moved it from Coinbase into my hardwallet. Do you
Read MoreIRS Commissioner Reminds Taxpayers To Protect Data
Internal Revenue Service (IRS) Commissioner Chuck Rettig has a message to taxpayers about personal data security. Rettig reminds taxpayers that while the IRS is working
Read MoreFormer Tax Fugitive & Tax Fraud Promoter Back In Custody
Winston Shrout has been apprehended. The former fugitive and tax fraud promoter had been on the run from law enforcement for months, but he was caught
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