taxgirl
Because paying taxes is painful... but reading about them shouldn't be.
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2003
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taxgirl
It’s Fix the Tax Code Friday! This week, there has been a lot of discussion across the internet about “going Dutch” a la the pay-per-kilometer system recently passed in Amsterdam. So t...
taxgirl
And here I thought my days of reporting on Joe Francis were over… It turns out that the Girls Gone Wild founder hasn’t quite put his tax woes behind him. A...
taxgirl
Taxpayer asks: Several elderly friends have asked me to help them with administratrive work in there home. I would probably do this on an ongoing basis and I am sure each would end up paying me more that $600 a year...
Mary Kay Foss
Mary Kay Foss
I agree with you. Her "clients" are not paying her for trade or business services so Form 1099 is not required. And I'm sure she will report all of her income on Schedule C - even if it's less than $600 per payor.
Thu at 7:25pm
taxgirl
Great piece by Joe Kristan at Roth & Company PC about FBAR reporting… Tax Update Blog: ‘Cheat’? I don’t think the word means what they think it means.: “” Similar Posts: Ask the taxgirl: Foreign Accounts and FBAR Ask the tax...
taxgirl
It was a question posed to US taxpayers by the IRS in the wake of the UBS scandal: do you feel lucky? The US offered US taxpayers the opportunity to voluntarily disclose offshore bank accounts as part of an amnesty program earlier this year. The choice...
taxgirl
Source: www.walletpop.com
Headlines across the country are blasting that millions of taxpayers may owe come tax time because "the government was too generous with their new Making Work Pay tax credit," as the New York Daily News put it.It sure makes for dramatic news coverage... ...
Desmond Hudson
Desmond Hudson
This is a great read Taxgirl! I've been trying to figure out how this whole MWP Credit issue was really a problem. Expecially after the new schedule M came out. It actually seems like most taxpayers are going to get twice the benefit since they got extra money in their pay and will get a refundable credit at tax time.

I got 99 problems, but MWP ain't one. :-)

Great Article!!
November 17 at 2:48pm
taxgirl
Who says that a little pressure doesn’t work these day? Singapore and Liechtenstein have both apparently decided that they wanted to be one of the cool kids after all. ...
taxgirl
The Dutch are well known for Delft pottery, wooden shoes, legalized prostitution and windmills. Perhaps not surprisingly, many of those things haven’t caught on in all areas of the world (oh c’mon, tell me that you have a pair of wooden shoes in your closet). I ...
Nick Barrile
Nick Barrile
Big brother is watching (In the Netherlands at least).
November 17 at 5:42am
taxgirl
taxgirl
The GPS bit is actually disconcerting... Think of all of the other uses (Plaintiff's lawyers now salivating).
November 17 at 6:39pm
taxgirl
The woman who claims that she “never hated a man enough to give him diamonds back” may have to change her mind when it comes to Bernie Madoff. Zsa Zsa Gabor claims to have lost between $7-$10 million as part of Madoff’s scheme, leaving her with some substantial tax woes. The ...
taxgirl
Source: www.walletpop.com
Soccer fans across the world can collectively offer up a sigh of relief: there will be no strike for soccer players in Spain. At least for now.Spain's Professional Football League, the governing body that ...
taxgirl

taxgirl Tax Tips... Hello all! I'm seeking end of the year tax tips for a couple of posts in December. If you have any, sneak 'em in below for consideration (and please, you don't have to be a tax pro to have a useful tip!).

November 13 at 11:43am
taxgirl
taxgirl
Keep 'em coming!
November 16 at 5:47pm
Denise
Denise
Small business owner? Consider funding a retirement plan for the year. Qualified plans, such as 401(k)ss, profit sharing and pension plans must be established by 12/31, if operating on a calendar year...but can be funded by tax filing deadline, including extensions.
November 18 at 8:09am
taxgirl
IRS Commish Doug Shulman has not been shy about talking about targeted enforcement. Targeted enforcement – the idea of cherry picking certain target groups to investigate or examine – is nothing new: it’s happened for years. In ...
taxgirl
As part of the continuing discussions about health care reform, the spectre of how to pay for it has risen again. Yeah, cause that’s how it apparently works in Congress. ...
taxgirl
The IRS announced that it has awarded nearly $8 million in matching grants to support its Volunteer Income Tax Assistance (VITA) program. The funds will be divided between 147 organizations in all 50 states and the District of Columbia...
taxgirl
Suddenly, it’s not so fashionable to have your money in Swiss banks. That’s sooo February 2009. This season, all of the trendy tax evaders are heading somewhere else. In...