The Taxgirl Podcast discusses tax news, tax info, and tax policy. With so many taxation-related rules, facts, and updates, it’s easy to have questions about tax processes. Luckily, the Taxgirl mailbag lets readers and listeners submit tax questions for Kelly to address. What questions do listeners want to ask the Taxgirl? On today’s episode of…
The Organization for Economic Cooperation and Development (OECD) recently released details and proposed legislation on its global minimum tax plan. However, questions still linger about the plan’s details and the practicality of its proposed timeline. What future developments could we expect to occur as a result of the OECD global minimum tax deal? On today’s…
In the world of taxes, change is to be expected. This is especially true for sales tax. Since the pandemic, laws and regulations have changed significantly, and sales tax rules are no exception. What significant sales tax changes have occurred due to COVID-19, and how are business owners and tax practitioners supposed to keep up…
While many have complained about long call wait times and difficulty getting IRS help in the past, the pandemic has exacerbated these service problems for the federal agency. As a result, claims take longer to address, and for taxpayers and practitioners alike, reaching an IRS service representative seems nearly impossible. Who is to blame for…
In response to the Panama Papers scandal, the EU agreed to regulations mandating the publication of beneficial ownership registries. It follows, then, that the more information is available about individuals and corporate identities, the easier it is for financial and related entities to support legitimate businesses. Daniel Wager argues that increased transparency would help improve…
We all think we understand sin taxes, but do we really? Sin taxes are typically excise taxes that target behaviors that we want to discourage. Common examples include taxes on booze, sugar, and cigarettes. Do we legalize certain activities and substances just so we can tax them? What’s the intention behind sin taxes, and are…
Almost 1.5 million fewer moms of school-age children were working in March 2021 than in February 2020. The pandemic has certainly taken its toll on working parents. Kelly loves all things tax. She’s an attorney, and she’s a mom. She strongly believes it’s important for her kids to see her working and to know that…
When you hear the words “company culture,” what comes to mind? Workplace culture is a hot issue these days, especially as it relates to jobs and the so-called “Great Resignation.” What do employees really want: freedom, tangible perks, a more inviting company culture? CEO and Entrepreneur Jay Steinfeld shares his story of success and expertise…
The recent agreement on a global minimum tax and other changes to tax rules worldwide have called into question the future of tax competition. Each year, The Tax Foundation puts out its International Tax Competitiveness Index. The Index measures the extent to which a country’s tax system adheres to key aspects of tax policy. Among…
The past year has taken a huge toll on both tax professionals and taxpayers, a point Taxgirl discusses often. According to a 2021 Robert Half survey, more than 44% of employees say they are more burned out on their jobs today than a year ago. Employers and employees are seeking all kinds of solutions to…