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Kelly Phillips ErbForbes |
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...
There’s finally some good news for taxpayers who have been waiting to hear from the IRS. Years after the Employee Retention Credit (ERC) program...
KPMG is shaking up its practice with announcements that it is laying off 4% of its staff in its US advisory business, shuttering its federal audit...
Years after the COVID-19 pandemic era Employee Retention Credit (ERC) program officially ended, the fight over who qualified for it drags on. Now, the...
The Treasury Department and the IRS have announced plans to revise Form 990, the primary disclosure form for tax-exempt organizations. The stated goal...
Now that Tax Day is (mostly) behind us, some taxpayers may be looking at the next step with a bit of dread: paying your tax bill. After you file,...
That collective exhale you heard this week? It was the sound of tens of millions of taxpayers and tax professionals finally taking a breath after an...
Now that April 15 is in our rearview mirror, it’s a wrap on the regular tax season—but the IRS is still processing returns and sorting through...
About now, some taxpayers may be shaking, stirring or pouring out a cocktail to celebrate today’s end of the official tax filing season today...
With gas prices topping $4 per gallon at the pump (AAA reports that the national average is $4.108 as of today), drivers are increasingly focused on...
Ready to sign your tax return? That feels like an easy lift—but some quirks and exceptions can make it challenging for some taxpayers. Here’s what...