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Tag: tax

Senate GOP Passes Tax Reform Bill After Late-Night Vote

Kelly Phillips ErbDecember 2, 2017July 29, 2022

Senate Republicans got a win last night when the final version of their tax reform bill passed, 51-49. The vote was largely along party lines: only one Republican, Sen. Bob Corker (R-TN), voted against it, and no Democrat voted in favor.

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10 Ways To (Mostly) Avoid An IRS Audit

10 Ways To (Mostly) Avoid An IRS Audit

Kelly Phillips ErbFebruary 23, 2017September 29, 2020

It’s tax season. If you have anxiety about your tax return, here are 10 ways to lower the odds of getting audited this tax season.

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Facebook Could Owe IRS Billions, Continues To Ignore Tax Summons

Facebook Could Owe IRS Billions, Continues To Ignore Tax Summons

Kelly Phillips ErbJuly 29, 2016November 19, 2020

The IRS has alleged that Facebook has failed to comply with a 7th summons isn’t the only tax issue for the social media giant. On the same day that Facebook announced second-quarter profits of $2.06 billion, the company indicated that could be subject to additional federal income taxes of $3 billion to $5 billion.

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Understanding Your Tax Forms 2016: Form 1099-INT, Interest Income

Understanding Your Tax Forms 2016: Form 1099-INT, Interest Income

Kelly Phillips ErbFebruary 16, 2016January 20, 2022

Trying to figure out your tax forms? Here’s the next in my handy-dandy forms primer: 1099-INT, Interest Income.

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Tax Questions? Ask The Taxgirl.

Kelly Phillips ErbJanuary 4, 2016January 20, 2022

If you have questions about the upcoming tax season, you can Ask the taxgirl®! Yes, there are rules and caveats. What did you expect? I

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Looking For Updated Tax Rates?

Kelly Phillips ErbJanuary 4, 2016January 20, 2022

With tax season on the way (more info here), you can find the 2015 tax rates here. Remember that these are the rates that you’ll

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Virtual Heads Or Tails: EU Says Bitcoin Is Currency For Tax Purposes While US Disagrees

Kelly Phillips ErbOctober 23, 2015

Bitcoin is money. That was the gist of a ruling this week from the European Court of Justice (ECJ), the highest court in Europe. The

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Starbucks, Fiat Tax Deals Ruled Illegal, Ordered To Repay Millions In Back Taxes

Kelly Phillips ErbOctober 22, 2015

In 2014, the European Commission announced that it would formally investigate the tax structures and practices of a handful of companies including Apple (Ireland), Fiat

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Our Current Tax v. The Flat Tax v. The Fair Tax: What's The Difference?

Kelly Phillips ErbAugust 7, 2015

The GOP Debate last night was big on drama but short on specifics – especially when it came to the economy. Almost all of the

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Man Visits 15 Banks Collecting Pennies To Pay Property Taxes – And Still Falls Short

Kelly Phillips ErbAugust 1, 2015

Calling property taxes “unethical, unchristian-like and above all, it is thievery,” tax protester Steven Piotrowski finally paid off his 2013 Montgomery County property taxes this

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