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Kelly Phillips Erb

Kelly Phillips Erb

Forbes

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Tax Breaks: The Trust The Tax Process Edition

Tax Breaks: The Trust The Tax Process Edition

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...

saturday 5

Forbes

Kelly Phillips Erb

Tax Breaks: The Old Tax Ideas Are New Again Edition

Tax Breaks: The Old Tax Ideas Are New Again Edition

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...

18.07.2026 3

Forbes

Kelly Phillips Erb

Watchdog Finds Serious Gaps In IRS Contractors' Taxpayer Data Security

Watchdog Finds Serious Gaps In IRS Contractors' Taxpayer Data Security

The IRS’s effort to convert paper tax documents into digital records is supposed to make tax administration faster and less dependent on manual...

17.07.2026 2

Forbes

Kelly Phillips Erb

Top Treasury Tax Official’s Departure Deepens Leadership Crisis At IRS

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...

15.07.2026 4

Forbes

Kelly Phillips Erb

IRS Announces Increase In Standard Mileage Rates For The Second Half Of 2026

The IRS is increasing its standard mileage rates midyear, citing recent increases in fuel prices. Beginning July 1, 2026, the optional standard...

13.07.2026 7

Forbes

Kelly Phillips Erb

Tax Breaks: The Penalties, Postage And Paperwork Edition

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...

11.07.2026 7

Forbes

Kelly Phillips Erb

Scammers Aren’t Just Targeting Taxpayers. They’re Targeting Tax Pros.

Scammers are not just targeting taxpayers. Increasingly, they are targeting the tax professionals who hold taxpayer data. That’s the message behind...

09.07.2026 5

Forbes

Kelly Phillips Erb

IRS Announces Automatic Penalty Relief For Eligible Taxpayers

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...

08.07.2026 6

Forbes

Kelly Phillips Erb

IRS Opens Online Portal For Kwong Refund Claims Ahead Of Friday Deadline

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...

07.07.2026 7

Forbes

Kelly Phillips Erb

Can A World Cup Red Card Cost A Player More Than A Match?

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...

06.07.2026 10

Forbes

Kelly Phillips Erb

America At 250: The Tax Fight That Helped Launch A Nation

July 4, 2026, marks 250 years since the Continental Congress adopted the Declaration of Independence. That milestone—the semiquincentennial, if you...

03.07.2026 10

Forbes

Kelly Phillips Erb

What Bobby Bonilla Day Can Teach Us About Deferred Compensation

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...

01.07.2026 10

Forbes

Kelly Phillips Erb

Must Trump Account Donors File Gift Tax Returns? Here’s The IRS Answer

Beginning July 4, taxpayers may begin making contributions to Trump accounts, the new child-focused savings vehicle created under Code section 530A as...

30.06.2026 10

Forbes

Kelly Phillips Erb

Tax Breaks: The What’s Fair In Tax And What Happens Next Edition

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...

27.06.2026 10

Forbes

Kelly Phillips Erb

IRS Reminds Tax Pros AI Should Not Replace Human Judgment

Artificial intelligence (AI) is quickly becoming part of everyday tax practice. It can help sort documents, speed up research, draft client letters,...

25.06.2026 10

Forbes

Kelly Phillips Erb

Supreme Court Leaves IRS Free To Chase Taxpayers Forever Over Preparer Fraud

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...

25.06.2026 10

Forbes

Kelly Phillips Erb

Supreme Court Rejects Fair Market Value In Tax Sale Case, But Keeps Challenge Alive

24.06.2026 10

Forbes

Kelly Phillips Erb

Chatbots Were Supposed To Help Taxpayers But IRS Can’t Prove They Work

24.06.2026 10

Forbes

Kelly Phillips Erb

Tax Breaks: The Betting On Tech And Modernization Edition

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...

20.06.2026 10

Forbes

Kelly Phillips Erb

California Man Gets 27 Months For Tax Evasion, Illegal Gambling Business

A California man who admitted operating an illegal offshore gambling business, laundering cash proceeds, and evading federal income taxes on more than...

18.06.2026 10

Forbes

Kelly Phillips Erb

IRS Advisory Committee Pushes For Better Tech, AI Transparency And Less Paper

The IRS Electronic Tax Administration Advisory Committee (ETAAC) has released its 2026 Annual Report to Congress. ETAAC acknowledges that the IRS has...

18.06.2026 10

Forbes

Kelly Phillips Erb

Tax Breaks: The World Cup Crosses All Kinds Of Borders Edition

13.06.2026 20

Forbes

Kelly Phillips Erb

Employee Retention Credit Refund Suit Survives, But Challenge To IRS Notice Does Not

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...

12.06.2026 20

Forbes

Kelly Phillips Erb

IRS Shared Addresses For Nearly 47,000 People With ICE, Watchdog Says

The IRS provided Immigration and Customs Enforcement (ICE) with last-known address information for nearly 47,000 people under a controversial...

09.06.2026 10

Forbes

Kelly Phillips Erb

The $100,000 H-1B Trump Fee Case Is Really A Tax Case

A federal judge in Massachusetts has blocked the Trump administration’s $100,000 H-1B fee. While the case is important for employers, universities,...

09.06.2026 10

Forbes

Kelly Phillips Erb

Tax Breaks: The Taxpayer Advocate Walks Into A Conference Edition

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...

06.06.2026 10

Forbes

Kelly Phillips Erb

Erin Collins On The Taxpayer Advocate Service, Taxpayer Rights, And A Strained IRS

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,...

06.06.2026 10

Forbes

Kelly Phillips Erb

Supreme Court To Rule On How Much Equity Homeowners Can Lose In A Tax Sale

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....

05.06.2026 10

Forbes

Kelly Phillips Erb

Supreme Court To Rule On How Much Equity Homeowners Can Lose In A Tax Sale

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....

04.06.2026 10

Forbes

Kelly Phillips Erb

The Gas Tax Debate Is Back, And So Are Concerns About Infrastructure Funding

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...

03.06.2026 10

Forbes

Kelly Phillips Erb

Tax Breaks: The Tortured Taxpayer Department Edition

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....

30.05.2026 20

Forbes

Kelly Phillips Erb

Why Taylor Swift And Travis Kelce Need A Prenup And You Might Too

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...

30.05.2026 40

Forbes

Kelly Phillips Erb

Treasury Launches Trump Accounts App As Funding Date Approaches

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...

29.05.2026 20

Forbes

Kelly Phillips Erb

Tax Breaks: The Death And Taxes Edition

Death and taxes may be inevitable, but the paperwork, decisions, and surprises that follow can feel anything but predictable. I’ve been thinking...

23.05.2026 30

Forbes

Kelly Phillips Erb

Death And Taxes: Forbes’ Practical Guide For Families

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...

23.05.2026 60

Forbes

Kelly Phillips Erb

How Long To Keep Your Parents’ Tax And Financial Records–And Your Own

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,...

21.05.2026 20

Forbes

Kelly Phillips Erb

Shakira Wins Spanish Tax Residency Fight Worth More Than €55 Million

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...

19.05.2026 20

Forbes

Kelly Phillips Erb

After Death, Income Tax Filing And IRS Debts Live On

19.05.2026 20

Forbes

Kelly Phillips Erb

What To Do With All Your Parents’ Stuff–And Your Own

When people think about settling a parent’s estate, they usually think about selling the house and distributing what’s in their bank and...

18.05.2026 20

Forbes

Kelly Phillips Erb

Inherited Retirement Accounts: What You Need To Know Now

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,...

18.05.2026 20

Forbes

Kelly Phillips Erb

What To Do With All Your Parents’ Stuff–And Your Own

When people think about settling a parent’s estate, they usually think about selling the house and distributing what’s in their bank and...

17.05.2026 40

Forbes

Kelly Phillips Erb

Tax Breaks: The Taxes And Playing The Long Game Edition

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...

16.05.2026 20

Forbes

Kelly Phillips Erb

Where Not To Die In The U.S. In 2026

The middle-aged Pennsylvania couple had lived together for more than a decade, buying a home together and sharing other assets. They never got...

16.05.2026 100

Forbes

Kelly Phillips Erb

The PGA Championship Payday Is Big, But So Are The Taxes And Expenses

14.05.2026 10

Forbes

Kelly Phillips Erb

Card Skimming Fraud Costs More Than $1 Billion At The Gas Pump Each Year

14.05.2026 30

Forbes

Kelly Phillips Erb

Tax Breaks: The Tax Law Is Having A Constitutional Moment Edition

The Supreme Court tackled another tax-related case this term, ruling that a New Jersey nonprofit could immediately challenge a state subpoena seeking...

09.05.2026 20

Forbes

Kelly Phillips Erb

Liam And Olivia Are The Most Popular Baby Names In The U.S. Once Again

08.05.2026 20

Forbes

Kelly Phillips Erb

Scams Are Booming. The Latest Numbers, And How To Protect Yourself

08.05.2026 20

Forbes

Kelly Phillips Erb

Supreme Court Says Nonprofits Can Challenge Government Requests For Donor Information

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...

07.05.2026 20

Forbes

Kelly Phillips Erb

World Cup Tipping Practices Could Undercut ‘No Tax On Tips’ Break

04.05.2026 20

Forbes

Kelly Phillips Erb