Kelly Phillips Erb, known as Taxgirl, is a tax attorney, writer, and speaker who explains taxes, IRS news, financial crime, scams, and the law in plain English.
Similar Posts
IRS Says Bitcoin, Other Convertible Virtual Currency To Be Taxed Like Stock
The IRS has finally issued some guidance on the tax treatment of Bitcoin and certain other virtual currency. What did they decide?
Walmart To Offer Free Tax Prep Services
Occasionally, a news item will come across my desk that will cause me to do a double take. This story, reported on the PR Newswire, was one of those items: Wal-Mart will offer free tax filing services to eligible taxpayers in its parking lots. Just let that sink in for a minute. In fairness, it…
Back to School.
Monday marks the official “back to school” date of many schools here in the US. My oldest daughter started last Tuesday and my youngest daughter starts on Monday. It is a busy time. Around this time, there are a lot of questions that come up about tax deductions for tuition, 529 plans, teacher expenses, education…
Beware Of Fresh Tax Scams!
Scammers are at it again. I just received another email earlier today which leads to a fairly official looking web site here. Be advised that this is not a legitimate email and this is not a legitimate web site. The site has as its source, cjpowers.com, a web site owned by Christoper Powers of Orlando,…
Top 10 Most Expensive Real Estate Tax Bills Found In Just 2 States
There is some good news to be found in the real estate market these days. While home prices aren’t generally on the rise, neither are real estate taxes. In 2013, the median U.S. real estate tax bill was $2,132. That’s according to a Zillow analysis that used the most recent data available. That number is…
Is Taxing Non-Profits The Solution To Balancing Budgets?
The mayor of Providence, Rhode Island, Mayor Angel Taveras, made national headlines last week when details emerged about his plan to tax nine tax-exempt hospitals, colleges and universities in an effort to raise revenue. If the tax stands, the city could collect millions from previously untapped sources. Providence, like many U.S. cities, is struggling to…

