The Internal Revenue Service (IRS) is warning about an uptick in phishing emails involving payroll direct deposit, wire transfer, and W-2 scams. The emails, which are primarily targeted to businesses, are not limited to a particular industry or employer though the IRS has received reports that tax preparers are among those affected. Here’s how they typically work….
It’s the fourth 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 Grey Muzzle Organization. The Grey Muzzle Organization, sometimes just called Grey Muzzle, has…
It’s Ask The Taxgirl. Today’s question is whether shared expenses between spouses can result in taxable income.
The more you know about how to protect yourself, the better chance you have to not be a victim. Here are 13 tips help you protect yourself from identity theft, scams, and fraud:
For the past few years, the Spanish government has been accused of targeting footballers for tax evasion, racking up allegations against such superstars like Lionel Messi, Cristiano Ronaldo, and Javier Mascherano. This week, things took a slightly different turn when Spanish tax authorities set their sights on the partner of FC Barcelona footballer Gerard Piqué. Granted, this isn’t…
The Internal Revenue Service (IRS) has issued the 2019 standard mileage rates. Beginning on January 1, 2019, the standard mileage rates for the use of a car, van, pickup or panel truck will be: 58 cents per mile for business miles driven (up from 54.5 cents in 2018) 20 cents per mile driven for medical or moving…
It’s the third 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 First Book. First Book (Washington, D.C.) is a nonprofit social enterprise that provides new books, learning materials…
Remember those postcard-sized tax returns? They’re here. Sort of. They’re not exactly postcard-sized, but the new form 1040 is smaller than before. The Internal Revenue Service (IRS) has made the new form 1040 and the accompanying six new schedules for the 2018 tax year available on the IRS website. Here’s a peek at page one…
Despite rumors to the contrary, the Internal Revenue Service (IRS) has not announced an official start date to the 2019 tax filing season. However, the IRS has announced that some taxpayers will have a couple of extra days to file in April. For most taxpayers, Tax Day is April 15, 2019, but taxpayers who live in Maine…
It’s the second 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 America’s VetDogs. If the name America’s VetDogs sounds familiar, you’re likely thinking about Sully….