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Tag: tax

IRS Announces 2014 Standard Mileage Rates

Kelly Phillips ErbDecember 6, 2013July 23, 2020

Gas prices are on their way down… and so are the standard mileage rates. The IRS has announced the standard mileage rates for business, moving and medical expenses for the calendar year 2014.

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Will Congress Drive Up Gas Taxes In 2014?

Kelly Phillips ErbDecember 4, 2013July 23, 2020

It could be a whole lot more expensive to drive your car in 2014 if one member of Congress successfully pushes through a proposal to raise the gas tax by 15 cents. But how much support does the bill have? You might be surprised.

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Cyber Monday: It’s The Most Wonderful Tax Evasion Day Of The Year!

Kelly Phillips ErbDecember 2, 2013July 23, 2020

Cyber Monday may break records – and state treasuries.

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12 Days Of Charitable Giving Starts Soon

Kelly Phillips ErbDecember 1, 2013July 23, 2020

The 12 Days of Charitable Giving starts soon!

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This Man’s Nuts: Plan To Sell Testicle For New Car Is Taxable

Kelly Phillips ErbNovember 26, 2013July 18, 2020

What would you give up for a new car? Would you sell a kidney? One man has made it clear that he would… and I ponder the tax consequences.

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Chrysler Slows But Doesn’t Put Brakes On IPO Amid Questions Over Taxes

Kelly Phillips ErbNovember 26, 2013July 18, 2020

American based – but Italian owned – car manufacturer Chrysler was hoping to go public by the end of 2013. That’s now not likely to happen as questions about the company’s car issues are causing the company to slow the brakes.

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Not Too Young, Not Too Old: Aaron Carter Hopes For Fresh Start Following Chapter 7 Bankruptcy Filing

Kelly Phillips ErbNovember 22, 2013July 18, 2020

Aaron Carter, little brother of the Backstreet Boys’ Nick Carter, burst onto the spotlight just over ten years ago. Today, facing more than $2 million in debt, he’s ready to put the past behind him and move on. At age 25, can he make a comeback?

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When Mom & Dad Move In: The ‘Granny-Flat Tax Exemption’ For The Sandwich Generation

Kelly Phillips ErbNovember 21, 2013July 18, 2020

What happens when you have to take care of your parents and your children? The “sandwich generation” is learning the hard way that it can take a toll, both emotionally and financially. Are there affordable options available? Florida may have the answer.

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Tax Revenues On Pace To Reach Record $3 Trillion In 2014

Kelly Phillips ErbNovember 19, 2013July 18, 2020

Tax revenues are on track to hit a historic $3 trillion in 2014. Why are tax revenues increasing? And what does it mean going forward?

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Fourth Largest Tax Prep Business In The Country Shut Down By Feds

Kelly Phillips ErbNovember 10, 2013July 18, 2020

The pool of tax preparation services just got a little smaller: a federal court judge has ordered Instant Tax Service (“ITS”), the fourth-largest tax preparation business in the United States, to stop all operations permanently for “extensive and egregious, indeed appalling” harm to taxpayers.

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