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TaxGirl

Years ago, I found myself sitting in law school in Moot Court wearing an oversized itchy blue suit. It was a horrible experience. In a desperate attempt to avoid anything like that in the future, I enrolled in a tax course. I loved it. I signed up for another. Before I knew it, in addition to my JD, I earned an LL.M Taxation. While at law school, I interned at the estates attorney division of the IRS. At IRS, I participated in the review and audit of federal estate tax returns. At one such audit, opposing counsel read my report, looked at his file and said, "Gentlemen, she’s exactly right." I nearly fainted. It was a short jump from there to practicing, teaching, writing and breathing tax. Just like that, Taxgirl® was born.

IRS Announces Taxpayer Relief For Victims Of California Wildfires

CalFire firefighter Brandon Tolp uses a drip torch during a firing operation while battling the Tubbs Fire on October 12, 2017 near Calistoga, California. (Photo by Justin Sullivan/Getty Images)

As deadly wildfires continue to ravage parts of California, the Internal Revenue Service (IRS) has announced that victims of those fires now have until January 31, 2018, to file certain individual and business tax returns and make certain tax payments.… Read more

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Ask The Taxgirl: Should I Cancel A Form W-9?

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Taxpayer asks:

I’m a contractor who signed a w-9 form but am no longer gonna do the work, am I okay or how do I cancel the w-9 form????

Taxgirl says:

You should be fine. Here’s why.

A form W-9 is used to provide your taxpayer identification number (such as your Social Security Number (SSN) or your Employer Identification Number (EIN)) to certain payers.… Read more

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ACA: Tax Reform Should Tackle The Worldwide Tax System

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Often overlooked and misunderstood by the Congress, US citizens living and working overseas now appear to be poised to benefit from the Administration and Congress’ desire for tax reform. There is a real possibility that new international tax rules will be passed in a greater tax reform overhaul and these rules will no doubt address tax policy for individuals as well as corporations.… Read more

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IRS Announces New Per Diem Rates For Taxpayers Who Travel For Business

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Business travelers have a lot of expenses to keep up with from hotels to taxis to tips. To keep things simple, the Internal Revenue Service (IRS) allows the use of per diem (Latin meaning “for each day”) rates. Per diem rates are the equivalent of a fixed amount paid to employees to compensate for lodging, meals, and incidental expenses incurred when traveling on business rather than using actual expenses.… Read more

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