It?s March Madness on taxgirl! If you read the blog regularly, you know that I was born and raised in North Carolina. And in North Carolina, we take our basketball seriously. Very seriously. So seriously, in fact, that, as a kid, I could count on spending long hours in church every Sunday ? except during ...

pubblicato il: 14/03/2012 - 15:53

Day One - As the three day Supreme Court marathon to determine the constitutionality of Obamacare got underway this morning, it appeared clear that the Court is anxious to get to the merits of the case and is unlikely to allow an arcane, 19th century jurisdictional statue???one that could have barred the court from hearing ...

pubblicato il: 27/03/2012 - 02:57

?Because I said so.? As a parent, I?ve grown to love the power of those words. But as a professional? Not so much. At work, I like to have rules. And I like to think we have those rules for a reason. I don?t like it when rules don?t make sense, appear arbitrary or aren?t ...

pubblicato il: 13/03/2012 - 19:55

Celebrity chef turned talk show host Mario Batali has been in pasta-hot water up to his orange Crocs, but not for over-salting the water or undercooking the pesto.??Nope, the primavera scandal was over allegations he illegally confiscated tips from his employees.??Talk about eating off of someone else?s plate! According to a lawsuit brought by over ...

pubblicato il: 17/03/2012 - 14:54

I is for Injured Spouse. Injured spouse is perhaps one of the most misunderstood tax terms in the Tax Code. It just carries with it all kinds of baggage and associated terms, most of which have zero to do with actually being an injured spouse. So forget all of the things you think it means. ...

pubblicato il: 13/03/2012 - 15:53

J is for Job Search Expenses. Despite recent news that seems to hint that the job market might be recovering, many Americans are still out of work. The prospects, however, of finding a job seem a little brighter as the U.S. continues to add jobs. If you?re one of those still searching, take heart. And ...

pubblicato il: 14/03/2012 - 14:54

K is for Kiddie Tax. It?s no secret that Congress is concerned about tax fraud. With loopholes and exceptions galore (all, ahem, actually created by Congress), Congress believes that taxpayers are trying to evade taxes left and right. And who among these thieving schemers are the worst offenders? These folks: That?s right, kids. In 1986, ...

pubblicato il: 15/03/2012 - 16:53

L is for Levy. In God we trust; all others must pay cash. The IRS, like most creditors, wants to get paid. And if you owe money to the IRS, they?re going to do all they can to make sure that happens. One of the ways that the IRS works to make sure they get ...

pubblicato il: 17/03/2012 - 05:25

M is for Making Work Pay Credit. Doh! This is kind of a trick post. There is no Making Work Pay Credit for 2011. That also means no Schedule M. The Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act which was signed into law on December 17, 2010, did not renew the Making Work ...

pubblicato il: 18/03/2012 - 04:53

N is for Non-Citizen Spouse. Remember the movie ?The Proposal? with and the dreamy Ryan Reynolds? Bullock played a high level executive from Canada (eh) whose visa had expired. The only way that she could stay in the country legally was to marry a U.S. citizen (Reynolds? character). Problem solved. Only real life doesn?t quite ...

pubblicato il: 19/03/2012 - 00:53