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Kelly Phillips ErbForbes |
This week, Mom and I tackled some paperwork—she needs her own library card and transit card—to pretty much make it official that she’s going to...
This week, I hit the road for the National Association of Tax Professionals 2026 Taxposium conference. It was in Cleveland this year, and it did not...
The IRS’s effort to convert paper tax documents into digital records is supposed to make tax administration faster and less dependent on manual...
Ken Kies, the Treasury Department’s top tax policy official who has also been serving as acting chief counsel of the IRS, is expected to leave the...
The IRS is increasing its standard mileage rates midyear, citing recent increases in fuel prices. Beginning July 1, 2026, the optional standard...
If you noticed that lines at the post office were a little longer than normal this week, it wasn’t just because folks were hoping to stock up on...
Scammers are not just targeting taxpayers. Increasingly, they are targeting the tax professionals who hold taxpayer data. That’s the message behind...
The IRS is making a change that could save some taxpayers from having to ask for penalty relief that they already qualify to receive. The agency...
The IRS has added an online filing option for some taxpayers seeking refunds tied to the Kwong court decision, but the window to act is short. The IRS...
Folarin Balogun’s red card was already controversial. FIFA’s decision to let him play in the next match made it even more so. Balogun, who plays...
July 4, 2026, marks 250 years since the Continental Congress adopted the Declaration of Independence. That milestone—the semiquincentennial, if you...
Every year on July 1, Bobby Bonilla collects a check for $1,193,248.20 from the New York Mets. He has done so every July 1 since 2011 and will...
Beginning July 4, taxpayers may begin making contributions to Trump accounts, the new child-focused savings vehicle created under Code section 530A as...
Almost every week, I hear from taxpayers who fear losing their homes when they owe a tax debt. My answer is almost always the same: taxpayers do not...
Artificial intelligence (AI) is quickly becoming part of everyday tax practice. It can help sort documents, speed up research, draft client letters,...
The Supreme Court declined to hear Murrin v. Commissioner, leaving a Third Circuit ruling in place that significantly expands when the IRS can go back...
Have you checked out the IRS website lately? The IRS has made progress toward a more digital tax system, but the latest report from the Electronic Tax...
A California man who admitted operating an illegal offshore gambling business, laundering cash proceeds, and evading federal income taxes on more than...
The IRS Electronic Tax Administration Advisory Committee (ETAAC) has released its 2026 Annual Report to Congress. ETAAC acknowledges that the IRS has...
More than five years after Congress rushed COVID relief for employers into law, courts are still sorting out who gets paid. In a recent Employee...
The IRS provided Immigration and Customs Enforcement (ICE) with last-known address information for nearly 47,000 people under a controversial...
A federal judge in Massachusetts has blocked the Trump administration’s $100,000 H-1B fee. While the case is important for employers, universities,...
I’m on the road again! It’s tax conference season, and my first stop in June was San Antonio, Texas, for The Tax Retreat. It’s been a terrific...
When Erin Collins sat down with Terry Lemons, former IRS Chief of Communications and Liaison, at The Tax Retreat in San Antonio on Thursday, June 4,...
When the government takes your home to collect a tax debt and sells it, how much does it actually owe you? That’s a question now before the U.S....
When the government takes your home to collect a tax debt and sells it, how much does it actually owe you? That’s a question now before the U.S....
Gas prices are no longer climbing as fast as they were a few weeks ago, but they remain much higher than they were last summer — a fact that is...
It’s been a love story for nearly three years, and now Taylor Swift and Travis Kelce may be entering their most romantic era yet: asset planning....
It’s been a love story for nearly three years, and now Taylor Swift and Travis Kelce have to deal with some champagne problems, including how...
The U.S. Department of the Treasury has launched the Trump Accounts app, giving families a new way to activate and manage accounts for eligible...
Death and taxes may be inevitable, but the paperwork, decisions, and surprises that follow can feel anything but predictable. I’ve been thinking...
You expect the death of a spouse, parent or other close relative to be emotionally wrenching. What catches many survivors by surprise are the daunting...
After my dad died, my siblings and I began sorting through the things he left behind. That included the expected things, like clothes and photographs,...
Shakira is in line to receive more than €55 million (about $64 million U.S.) after a Spanish court ruled in her favor in a long-running dispute over...
When people think about settling a parent’s estate, they usually think about selling the house and distributing what’s in their bank and...
Retirement accounts are among the most significant financial assets many Americans hold at death. At the end of 2025, IRAs alone held $19.2 trillion,...
When people think about settling a parent’s estate, they usually think about selling the house and distributing what’s in their bank and...
I am excellent at mini-golf, but not so terrific at golf-golf. To be fair, despite the fact that I grew up not so far from a number of golf courses, I...
The middle-aged Pennsylvania couple had lived together for more than a decade, buying a home together and sharing other assets. They never got...
The Supreme Court tackled another tax-related case this term, ruling that a New Jersey nonprofit could immediately challenge a state subpoena seeking...
A recent U.S. Supreme Court decision suggests that sensitive donor information may be protected—for now. On April 29, 2026, the Supreme Court ruled...