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Kelly Phillips ErbForbes |
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...
Ready to mail your tax return—or your request for an extension? Before you pop that envelope into the mailbox, you’ll want to do a little...
Ready to file your tax return? While Tax Day often means settling up with the IRS, it also comes with a small consolation prize: a wave of deals,...
After more than 30 years with IRS Criminal Investigation (CI), Chief Guy Ficco is stepping down, closing out a tenure marked by transition within the...
The most recent tax filing statistics from the IRS tell largely the same story as we’ve heard for most of the tax filing season: filing and...
Tipped workers can deduct up to $25,000 from their taxable income under the “No Tax on Tips” provision of the One Big, Beautiful Bill Act (OBBBA),...
After more than three decades of service with IRS Criminal Investigation (CI), CI Chief Guy Ficco is leaving the agency. His last day is today....
When I was a kid, I was fascinated by space. I think most kids in my generation were. All the coolest movies, like the original Star Wars and The...
Last October, my mother walked into the family room of her rural North Carolina house and found my dad, her husband of nearly 60 years, sitting...
Taxpayers are taking advantage of provisions in the One Big Beautiful Bill Act (OBBBA)—as are scammers and opportunists. The IRS is warning...
(Author’s note: On March 31, South Carolina lawmakers voted not to make changes to state tax law. The article has been updated to reflect the vote.)...
The gig economy has changed how taxpayers earn money, turning spare hours into income sources that didn’t exist even a decade or so ago. Whether...
We’re nearing the home stretch for the tax filing season, and the most recent IRS data shows a mixed bag as the April 15 deadline nears. Refunds are...
A federal appeals court has handed Intuit a significant procedural win in its long-running fight with the Federal Trade Commission (FTC) that could...
A Texas family’s effort to turn fake trusts into legitimate tax refunds ended with federal prison sentences, concluding a multimillion-dollar fraud...
Tax refunds are a bright spot for many filers. This year, they’re also a bit of a puzzle. Early IRS data show tax refunds are running higher than...
A lawsuit filed in the Eastern District of Texas has upended another Treasury reporting rule—this time targeting residential real estate...