Some Find Pennsylvania’s Tax Amnesty Ads Too Scary
Some find Pennsylvania’s tax amnesty ads too scary – featuring interviews with the fabulous Joe Kristan and well, me.
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The Rich Pay Less In The UK, Too?
Apparently, it’s not just the US taxpayers who are complaining that those in lower tax brackets actually pay a higher percentage of tax overall. UK taxpayers are making a similar claim. According to the Sunday Times, the UK’s richest people are paying 4p in the pound less in tax than any other section of the…
Got Stock? Cost Basis Rules May Impact Taxes
There’s a reason that the stock market continues to make news: over half of Americans own individual stocks, mutual funds, or stocks in a 401(k) or IRA. According to a 2011 Gallup poll, 54% of Americans hold stocks in some form despite fears of a shaky market. While reasons for investing in the stock market…
Ask The Taxgirl: My Ex-Employer Committed Fraud
Taxpayer asks: 3 years ago I worked for a company and was W2’d, I quit after 3 months. And just yesterday the IRS sent me a notice tht I owed them $4200. I have never owed $ to anyone or have been late on anything in my life so I was shocked, I called them…
Fix The Tax Code Friday: Child Related Exemptions & Credits
It’s the return of Fix the Tax Code Friday! Since there’s been some discussion on the blog lately about whether or not parents should receive tax “benefits” in the form of exemptions and credits, I thought I would make it the Fix the Tax Code Friday question: Should parents be entitled to exemptions and credits…
Good News For Widow Who Lost Her Home Over $6.30 Tax Bill
There’s some good news for a Pennsylvania woman this week: she can keep her home. A decision from the Pennsylvania Supreme Court has put an end to litigation involving the sale of her home due to an alleged underpayment. The woman, Eileen Battisti, allegedly failed to pay $6.30 (downloads as a pdf) in interest on a late payment of property taxes…
Ask The Taxgirl: When Is It Income?
Taxpayer asks: Hi Taxgirl, Hi, I’m a blogger and had a question about advertising income and taxes. I read your guest post on ProBlogger about deductible items for bloggers and am finding it VERY useful! My question is this — I belong to a few advertising network who charge advertisers to run ads on my…