Worried about your tax refund during the government shutdown? The White House Office of Management and Budget says that tax refunds will be paid even if the federal shutdown drags on through the filing season. Traditionally, the Internal Revenue Service (IRS) has not issued refunds to taxpayers while the government is shut down. That appeared…
According to Shawshank Redemption’s Red, “In prison, a man will do most anything to keep his mind occupied.” That apparently includes doing income taxes. A real-life Andy Dufresne has been accused of receiving special treatment in exchange for advice on taxes and other matters. Robert Potchen was initially sentenced to 15 years in prison for holding his…
The federal government officially kicked into partial shutdown mode on December 20, 2018. Two weeks later, the Internal Revenue Service (IRS) and other government agencies remain mostly closed. While that makes it difficult for those taxpayers seeking refunds or abatements, paying bills and attempting to stave off collections, there’s a side effect that you probably…
It’s a wrap! Thanks to everyone who submitted charities for my 12 Days Of Charitable Giving 2018. If you submitted your favorite charity this year and you don’t see it on the list, please try again next year. Here’s the complete list for 2018: The Women’s Tax Resolution Center, Inc. America’s VetDogs First Book The…
You didn’t have to look hard in 2018 to find folks talking about tax – especially on social media. Thanks to tax reform, SALT became a common term outside of the culinary world. Section 199A made headlines (and headlines and headlines). And, the complexities of sales tax were debated at the Supreme Court and in your Twitter…
It’s the final 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 National Center on Addiction and Substance Abuse (“The Center”). Forty million Americans ages 12 and…
The Queen of Soul, Aretha Franklin, died of pancreatic cancer on August 16, 2018. She left behind a musical legacy, an estate worth $80 million, and, according to court filings, millions of dollars in unpaid taxes. Franklin, who died without a will, already had a messy estate: her four sons filed documents in the Oakland…
It’s the eleventh 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 beGirl.world (bGw). beGirl.world was founded as a vehicle to teach and expose the…
The United States Tax Court has announced that it will shut down beginning Friday, December 28, 2018, at 11:59 p.m. and will remain closed until further notice.
It’s the tenth 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 National Constitution Center. I’m admittedly a little biased here, and not just because the…