The Internal Revenue Service (IRS) has issued its 2023 standard mileage rates. Beginning on January 1, 2023, the standard mileage rates for the use of a car,
Read MoreAuthor: Kelly Phillips Erb
Ask The Taxgirl: Mitigating Tax By Investing
Taxpayer asks: Can I reduce or eliminate taxes from civil suit and punitive damages winnings by immediately investing in a home? Taxgirl says: Unfortunately, no.
Read MoreCan I Wait Out the IRS?
There are two parts to settling up with the IRS: assessment and collections. I took a look at what you need to know about IRS
Read MoreTaxpayers Can Learn From GoFundMe Scam
Recently, a New Jersey woman was sentenced for her involvement in an infamous GoFundMe scam. The saga is a good reminder that you should take
Read MoreAvoiding Ending Up on Tax Debt Lists
Tax agencies have a variety of ways of encouraging tax compliance, including publishing taxpayer delinquency lists and filing liens. The rules—and your options—can vary between
Read MoreIRS Puts Hold on Some Automated Return and Collection Notices
Earlier this month, the IRS announced that it would put a temporary hold on automated collection notices, unfiled tax return notices, and balance due notices
Read MoreA Look at the (Very) Unpopular Federal Gas Tax
We are feeling the pain at the pump. According to AAA, the national average price of gas is $3.498. It was just $2.507 a year
Read MoreReturns and Refunds During the 2022 Tax Filing Season
Next week, hopeful taxpayers will begin checking bank accounts for tax refunds. Tax season opened Jan. 24, 2022, and the IRS says most taxpayers who
Read MoreIRS Confirms Stop on Selfie Technology, So What Happens Now?
At the start of tax season, I reported that the IRS was using new technology focused on photo identification for verification. Specifically, taxpayers who wanted
Read MoreWhat You Need to Know About Setting Up Your Business
Small businesses are still considered the backbone of our country. According to the latest information from the Small Business Association, there are 31.7 million small
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