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Category: individual

With Job Losses Soaring, Ten Tax Tips For The Unemployed

Kelly Phillips ErbJuly 10, 2011

The Department of Labor released its jobs report for June this week and the results weren’t pretty. Only 18,000 new jobs were created in June,

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Ask The Taxgirl: Voluntary Spousal Support

Kelly Phillips ErbJuly 7, 2011May 19, 2020

Taxpayer asks: My husband and I went through a mediator instead of a divorce lawyer.  Our MSA specifies a certain spousal support amount each month.

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Giveaway Helps Taxpayers Stay On Track

Kelly Phillips ErbJuly 5, 2011

(Note: We have our winners! Thanks for playing!) New mileage rates go into effect this week for business, moving and medical travel expenses. To help keep

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Midyear Mileage Rate Changes Offer Relief, Likely To Cause Confusion

Kelly Phillips ErbJuly 5, 2011

After months of speculation and roller coaster oil prices, the IRS finally announced an increase in the optional standard mileage rates. The IRS generally only updates

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Deduct This: History Of The Casualty, Disaster & Theft Deduction

Kelly Phillips ErbJuly 2, 2011May 19, 2020

As I sat on my parents’ deck last week, I could see huge plumes of smoke in the distance. The fire in Pender County, NC,

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Ten Tips For Claiming Summer Camp Expenses On Your Taxes

Kelly Phillips ErbJune 29, 2011May 18, 2020

If your household is anything like mine, you’re in full summer camp mode right now…  With school out, summer becomes a whirlwind of vacations and

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Deduct This: History Of The IRA Deduction

Kelly Phillips ErbJune 27, 2011

Remember Studebaker? Studebaker was a manufacturing company that started in 1852 in South Bend, Indiana, making wagons for farmers, miners, and the military. Ten years

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Deduct This: History Of The Tax Attorney’s Fees Deduction

Kelly Phillips ErbJune 25, 2011May 19, 2020

Wait? You mean that you didn’t know that there was such a thing as the tax attorney’s fees deduction? Well, perhaps that’s because it’s not

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Fix The Tax Code Friday: Lesser Of Tax Evils?

Kelly Phillips ErbJune 25, 2011

This month, Philadelphia voted to raise property taxes rather than impose a controversial sales tax on soda and sugary drinks, while New York won another

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FBAR Deadline Looming

Kelly Phillips ErbJune 21, 2011

Donna (not her real name, of course) has been breaking the law for years. The funny thing is she doesn’t look like your stereotypical criminal:

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