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Taxgirl

Taxgirl

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

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Month: October 2020

Imposter Nurse Sentenced To Prison After Conviction On Tax Charges

Imposter Nurse Sentenced To Prison After Conviction On Tax Charges

Kelly Phillips ErbOctober 30, 2020January 10, 2021

A woman who faked her resume for years in exchange for high-paying executive gigs is finally going to prison. That was the word out of

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The Stock Market Is Not The Economy: A Quick And Dirty Explanation

The Stock Market Is Not The Economy: A Quick And Dirty Explanation

Kelly Phillips ErbOctober 29, 2020October 29, 2020

I often say that the stock market is not the economy. That’s been especially apparent in 2020 as indicators like unemployment rates, consumer confidence, and

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IRS Updates Penalty Amounts For 2021 Tax Year

IRS Updates Penalty Amounts For 2021 Tax Year

Kelly Phillips ErbOctober 28, 2020January 10, 2021

The Internal Revenue Service (IRS) has announced the annual inflation adjustments for the tax year 2021 – and that includes penalty amounts. Here’s a quick look

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What Taxpayers Need To Know About Changing Sales Tax Laws

What Taxpayers Need To Know About Changing Sales Tax Laws

John LuckenbaughOctober 26, 2020January 5, 2022

Since the pandemic, there has been a lot of uncertainty about the economy, especially for taxpayers and business owners. But as governments seek to make

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What Business Owners Need To Know About Taxes When Customers Won’t Pay

What Business Owners Need To Know About Taxes When Customers Won’t Pay

Kelly Phillips ErbOctober 23, 2020January 10, 2021

Are your accounts receivables piling up? With so many people out of work, many businesses are experiencing slow payers and (gulp) non-payers. If you’re not

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What To Know About Taxes When You Can’t Pay Your Credit Card & Other Bills

What To Know About Taxes When You Can’t Pay Your Credit Card & Other Bills

Kelly Phillips ErbOctober 23, 2020January 10, 2021

There was an article that circulated recently suggesting that bankruptcies didn’t peak as expected. If the folks who are reaching out to me are any

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Renew Your PTIN Now For 2021

Renew Your PTIN Now For 2021

Kelly Phillips ErbOctober 22, 2020October 22, 2020

It feels like the last tax season just ended (okay, it kind of did), but the Internal Revenue Service (IRS) is already sending out reminders

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Got A Sec? Take The Taxgirl Podcast Poll

Got A Sec? Take The Taxgirl Podcast Poll

Kelly Phillips ErbOctober 20, 2020October 21, 2020

I’m looking for your quick feedback… [forminator_poll id=”54111″]

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Bookkeeping Is More Than Just Numbers: Understanding Why It Matters

Bookkeeping Is More Than Just Numbers: Understanding Why It Matters

John LuckenbaughOctober 19, 2020January 5, 2022

Bookkeeping is an important factor of properly running a business. Many people tend to think that bookkeeping and accounting are one and the same. However,

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Al Capone On His Way To Jail In 1931 After Bragging: They Can’t Collect Legal Taxes From Illegal Money

Al Capone On His Way To Jail In 1931 After Bragging: They Can’t Collect Legal Taxes From Illegal Money

Kelly Phillips ErbOctober 17, 2020January 10, 2021

On this day in 1931, Al Capone was found guilty of tax evasion. The gangster who had reportedly boasted, “They can’t collect legal taxes from

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