Following up on my earlier post about the IRS taxation of cell phones, I’m curious to know what the average cell phone bill is for
Read MoreIRS Talks Cell Phones Again
Some of us consider employer-provided cell phones a much-appreciated necessity. Some of us consider them a burden. The Internal Revenue Service (IRS) considers them income.
Read MorePA, NC, ME Sign On To Higher Taxes
It’s not just NJ facing higher taxes these days. Nearly 20 other states are considering raising or adding more taxes and fees to close gaping
Read MoreNJ Taxes On the Rise
NJ is not exactly known for affordable living – especially when it comes to taxes. It appears that will only get worse in 2009 as
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IRS Announces Additional Tax Breaks For New Car Buyers
The good news under ARRA (American Recovery and Reinvestment Act of 2009): if you buy a qualifying new vehicle after February 16, 2009, and before
Read MoreHolocaust Museum Shooter Believed Income Tax Linked To Jews
Editor’s Note: I’ve given a lot of thought to whether I believe this post is appropriate. I’ve decided that it is. History is important. Context
Read MoreFormer Jenkens & Gilchrist Tax Attorneys Indicted
I know, I know. This doesn’t even feel like news. We’ve seen it coming for a while now, ever since Jenkens & Gilchrist made an
Read MoreBanks Get Approval To Repay TARP Funds
Earlier today, ten of the nation’s largest banks received permission from the Treasury to repay a fraction of the amounts loaned out. I know, it’s
Read MoreAsk The Taxgirl: Who Gets The Deduction?
Taxpayer asks: If I pay my son’s huge medical expenses can he deduct same as if he paid them himself?Thanks for your reply. Taxgirl says:
Read MoreAsk The Taxgirl: Birth Control Costs
Taxpayer asks: I have a weird question. My insurance doesn’t cover the cost of my birth control pills. Can I deduct them on my taxes?
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