It’s the first day of my 12 Days of Charitable Giving for 2020. Readers have suggested deserving charities over the past few weeks, and I’ll
Read MoreAuthor: Kelly Phillips Erb
Kelly Phillips Erb is a tax attorney, tax writer, and podcaster.
Senators Ask IRS To Work With Taxpayers To Provide COVID-Related Relief
Remember the flurry of Internal Revenue Service (IRS) notices that got sent out in mid-November? Many of those notices – especially those notices of intent
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PNC Says ’12 Days Of Christmas’ Will Be A Little Bit Different Due To COVID
For 37 years, PNC has calculated the prices of the 12 gifts from the classic holiday song, “The Twelve Days of Christmas.” This year, the
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IRS Releases Form 1040 For 2020 Tax Year
The Internal Revenue Service (IRS) has released the very-probably-unless-Congress-does-something-soon final version of Form 1040, U.S. Individual Income Tax Return for 2020 (downloads as a PDF). There are
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New Covid Stimulus Bill Has PPP Expansion, But No Stimulus Checks
Congress is making some progress on a COVID relief package. If it advances, it would be the first significant stimulus action from Congress since the
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A Quick Primer On How A Case Gets To The Supreme Court And What Happens When It Does
The Supreme Court of the United States – sometimes called SCOTUS – has been in the news a lot lately. As a result, one of my most popular questions is: How does a case get to the Supreme Court?
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Bill To Decriminalize Marijuana For Federal Purposes Passes House
As more and more states legalize marijuana, pressure has been growing for Congress to take some action. This week, the House passed legislation that would
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Forms W-2 And Some Forms 1099 Due By February 1 In 2021
Employers must file Form W-2 and other wage statements by February 1 in 2021 to avoid penalties. The Protecting Americans from Tax Hikes Act of 2015
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Don’t Forget About The New Tax Break That Allows More People To Deduct Donations In 2020
The Internal Revenue Service (IRS) is reminding taxpayers about a temporary tax break that will allow more people to deduct up to $300 in donations
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Share Your Favorite Charity For The 12 Days Of Charitable Giving
At year-end, taxpayers are often looking for ways to make charitable gifts to whittle down taxable income and save dollars come tax time. This year,
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