Shows
The Concierge CPA35 - A Fireside Chat with Forbes' Tax Girl, Kelly Phillips ErbKelly Phillips Erb is bringing the heat today! Get ready for an engaging conversation that covers a wide range of topics, from mental health to the value of your time. We dive into Kelly's unique perspective as a mom working at the crossroads of the accounting and law industries. She reminds us that behind those numbers, there are people with real stories and needs.Kelly shares how her career took a fascinating turn from litigation to tax law and her journey sheds light on the pivotal role mentors play in shaping our professional paths. There's so much...2023-11-2358 min
Sports Gumbo with Eric PierreWomen in Accounting Series Featuring Kelly Phillips ErbIn this episode, the Huddle Guys continue their Women in Accounting series by featuring Kelly Phillips Erb, a writer for Bloomberg Tax & Accounting. Kelly received her BA in History from Meredith College and her JD/LLM in Taxation from Temple University. Previously, Kelly was a Senior Contributor & Tax Writer for Bloomberg. She is also a tax attorney, business owner, and podcaster, under the name Taxgirl. Kelly is all things tax!
Listen as Kelly describes how she navigated her career, and how one professor was key to the path that she chose to travel. We hope that this...2022-07-091h 11
Taxgirl Podcast90: US Expat Taxes for Americans Living AbroadFiling taxes can be a complex process involving different rules and stipulations for American citizens living outside of the United States.What do Americans citizens living abroad need to know about US taxes?On today's episode of the Taxgirl podcast, Kelly is joined by Nathalie Goldstein to talk about expat taxes for Americans living outside the United States. Nathalie is the founder and CEO of MyExpatTaxes. As an IRS Enrolled Agent, she specializes in US expat taxes, helping the 9 million Americans like herself living abroad required to file US taxes based on citizenship-based taxation.2022-04-0539 min
Taxgirl Podcast89: Gender and Equality in the Tax ProfessionSupporting gender equality within the global tax accounting and legal industries is essential. This month, female representation takes on even more meaning, as it is Women's History Month. What is the importance of gender equality within the tax profession?On today's episode of the Taxgirl podcast, Kelly is joined by Kate Barton to talk about gender equality in the tax profession. Kate is EY Global Vice Chair - Tax, where she oversees all aspects of EY’s tax strategy and operations, people development, client relations, quality control, risk management, thought leadership, knowledge, and learning. She als...2022-03-2929 min
Taxgirl Podcast88: The Impact of Inflation in 2022Recently, Americans have experienced rising prices. But when it comes to economic inflation, how does this affect the taxes you are expected to pay?How could the impact of inflation affect your tax bill?On today's episode of the Taxgirl podcast, Kelly is joined by Tim Speiss to talk about the impact of inflation and rising prices on taxes in 2022. Tim is the CPA and partner of EisnerAmper LLC's wealth advisory group. He has over 30 years of experience providing comprehensive tax planning and related investment, compensation, and financial planning services.Listen to Kelly...2022-03-2250 min
Taxgirl Podcast87: Shedding Light on the New Requirements for Information ReportingOver the past few years, the IRS has increased its compliance and enforcement efforts focused on payment transactions between US and foreign persons. However, these new information reporting requirements for compliance can be confusing and intimidating for taxpayers.What changes has the IRS made to tax information reporting requirements?On today's episode of the Taxgirl podcast, Kelly is joined by Tara Ferris to talk about the new requirements for tax compliance. Tara is a Principal in the Financial Services Office of Ernst & Young LLP. In this role, Tara advises multinational financial institutions and asset managers...2022-03-1538 min
Taxgirl Podcast86: What CEOs Think About The Economy and New Challenges AheadThe world seems to be finally recovering as we come out of the pandemic. The global economy has rebounded and the global GDP is projected to increase. But will this trend continue?What do CEOs think about the economy and next steps?On today's episode of the Taxgirl podcast, Kelly is joined by Kathryn Kaminsky to talk about global economic trends and their effects on tax professionals. Kathryn is Vice Chair - Trust Solutions Co-Leader of PwC. In this role, she oversees the largest Trust platform in the world, bringing together the firm’s combined Au...2022-03-0834 min
Taxgirl Podcast85: Making Sense of the Child Tax Credit in 2022Over the past year, there have been significant changes to the child tax credit. So what exactly do taxpayers need to know about the differences from last year to this year, and how will those changes affect them?What do people need to know about changes to the Child Tax Credit?On today's episode of the Taxgirl podcast, Kelly is joined by David Newville and Gabriel Zucker to talk about the mechanics of these tax changes.David Newville is Senior Program Director for Tax Benefits at Code for America. David has spent the...2022-03-0138 min
Taxgirl Podcast84: Education and Student Loan SurvivalEducation has become less affordable in recent years leading many to take out student loans. Unfortunately, new borrowers often find it challenging to navigate the complex processes surrounding student loans and payments.What information do borrowers need to make wise student loan decisions?On today's episode of the Taxgirl podcast, Kelly is joined by Bobby Matson to talk about student loan debt. Bobby is the CEO of Payitoff, which provides technology solutions for producing positive financial outcomes for student loan borrowers. It was founded with the goals of streamlining the complicated student loan system and...2022-02-2241 min
Taxgirl Podcast83: Making Sense of Tax Season in 2022The pandemic has brought on many changes in the last few years, and these changes have impacted the tax season in 2022.What challenges and updates should people be aware of this tax season?On today's episode of the Taxgirl podcast, Kelly is joined by Amber Gray-Fenner to talk about challenges impacting taxpayers and tax professionals this filing season.Amber is an Enrolled Agent and owner of Tax Therapy, LLC, in Albuquerque, New Mexico. Amber considers herself a tax "general practitioner" who prepares returns for individuals and (really) small businesses and represents individuals before...2022-02-1538 min
Financial ReconTalkin Taxes with the TaxGirl! Kelly Phillips ErbIt's Tax Time! and who better to discuss this with than the TaxGirl! Kelly Phillips Erb!Where we dive into a wide array of topics: changes in 2022, the infamous Enhanced Child Tax Credit Letters, and why burnout amongst tax professionals is very real...Follow Kelly at:Twitter: @taxgirlhttps://www.taxgirl.com/https://news.bloombergtax.com/tax-insights-and-commentary Hosted on Acast. See acast.com/privacy for more information.2022-02-0856 min
Taxgirl Podcast82: Tax Preparation - What Taxpayers Need to KnowWith tax season starting, many taxpayers are considering the best ways to file their returns and prepare their tax documents. But, with so many methods and room for confusion, what knowledge should taxpayers have to make the process go smoothly?What information should taxpayers know to prepare themselves for this tax season?On today's episode of the Taxgirl podcast, Kelly is joined by Mark Steber to talk about everything that taxpayers should know and expect this tax season. Mark is a Senior Vice President and Chief Tax Information Officer at Jackson Hewitt Tax Service.2022-02-0840 min
Taxgirl Podcast81: Impacts on the Tax Profession in 2022It comes as no surprise that recent events have had significant effects on the economy and businesses as a result. But with inflation causing soaring prices, many tax practitioners have experienced significant impacts on their professions.What challenges are tax practitioners experiencing in 2022, and how can they successfully navigate the effects on their professions?On today's episode of the Taxgirl podcast, Kelly is joined by Tony Novak to talk about the impact of inflation on the tax practitioner profession. Tony is a serial small business entrepreneur in the Philadelphia area. He founded MedSave, a first-generation...2022-02-0143 min
Taxgirl Podcast80: Ask The Taxgirl - Answering Listener QuestionsThe Taxgirl Podcast discusses tax news, tax info, and tax policy. With so many taxation-related rules, facts, and updates, it's easy to be left with questions about tax processes. Luckily, the Taxgirl mailbag allows readers and listeners to submit their tax questions for Kelly to address. What questions do listeners want to ask the Taxgirl?Can people make money "under the table" that is not reported to the IRS or recorded as a form of employment? Is this wrong, and what are the repercussions of choosing not to report this income?How do Social S...2022-01-2529 min
Taxgirl Podcast79: The OECD Global Minimum Tax Deal and What to ExpectThe Organization for Economic Cooperation and Development (OECD) recently released details and proposed legislation on its global minimum tax plan. However, questions still linger regarding the details of the plan and the practicality of its proposed timeline.What future developments could we expect to occur as a result of the OECD global minimum tax deal?On today's episode of the Taxgirl podcast, Kelly is joined by George Salis to talk about the OECD’s proposed global minimum tax plan. George is the principal economist and tax policy advisor of Vertex Inc. George has over 25 years of...2022-01-1133 min
Taxgirl Podcast78: Navigating the Ever-Changing World of Sales Tax in 2022In the world of taxes, change is to be expected. This is especially true when it comes to sales tax. Since the pandemic, there have been many changes to laws and regulations, and the rules regarding sales taxes are no exception. What significant sales tax changes have occurred due to COVID-19, and how are business owners and tax practitioners supposed to keep up with all of these ongoing developments?On today's episode of the Taxgirl podcast, Kelly is joined by Liz Armbruster to talk about the changes we have experienced since the start of the C...2022-01-0434 min
Taxgirl Podcast77: IRS Service Problems, Funding, and Returning to “Normal”While many may have complained about long call wait times and difficulty seeking IRS help in the past, the pandemic has exacerbated service problems such as these for the federal agency. As a result, today, it takes longer for claims to be addressed, and for taxpayers and practitioners alike, the process of reaching an IRS service representative seems nearly impossible.Who is to blame for the IRS's service issues, and what can be done to resolve them?On today's episode of the Taxgirl podcast, Kelly is joined by Bill Smith to talk about the IRS's...2021-12-2837 min
Taxgirl PodcastBusting Financial Crime after Panama Papers ScandalIn response to the Panama Papers scandal, the EU agreed to regulations mandating the publication of beneficial ownership registries. It should follow, then, that the more information is accessed about individuals and corporate identities, the easier it is for financial and related entities to assist with legitimate businesses. Daniel Wager argues that increased transparency would help improve trust in financial services; something that is critical to an industry which relies on public confidence to operate. On today’s episode of the Taxgirl podcast, Kelly is joined by Daniel Wager to chat about fight...2021-12-2135 min
Taxgirl PodcastThe Hidden Underbelly of Sin TaxesWe all think we understand sin taxes, but do we really? Sin taxes are typically excise taxes that target behaviors that we want to discourage. Common examples include taxes on booze, sugar, and cigarettes. Do we legalize certain activities and substances just so we can tax them? What’s the intention behind sin taxes, and are they really working as intended?On today’s episode of the Taxgirl podcast, Kelly is joined by Thomas Shohfi to chat about the nuances of sin taxes. Thomas is an assistant professor in the Lally School of Man...2021-12-1430 min
Taxgirl PodcastWorking Moms & Parents Finding Balance Post-PandemicAlmost 1.5 million fewer moms of school age children were actively working in March 2021 compared to February 2020. The pandemic has certainly taken its toll on working parents. Kelly loves all things tax. She’s an attorney, and she’s a mom. She strongly believes it’s important for her kids to see her working, and for them to know that their mom loves what she does. Kelly says that being a working parent has made her a better tax attorney: from planning, keeping organized, multitasking, and cultivating an abundance of patience and empathy. Professi...2021-12-0743 min
Taxgirl PodcastHow to Improve Company CultureWhen you hear the words “company culture,” what comes to mind? Workplace culture is a hot issue these days, especially as it relates to jobs and the so-called “Great Resignation.” What do employees really want: freedom, tangible perks, a more inviting company culture? CEO and Entrepreneur Jay Steinfeld shares his story of success and expertise when it comes to corporate culture. “If you want to do things of consequence, if you want to build consequential things, I think you must first help people become consequential.” - Jay Steinfeld, on improving company culture.On today’s ep...2021-11-3035 min
Taxgirl PodcastAll About the Tax Competitiveness IndexThe recent agreement on a global minimum tax, and other changes to tax rules around the world, have called into question the future of tax competition. Each year, The Tax Foundation puts out their International Tax Competitiveness Index. The Index seeks to measure the extent to which a countries’ tax system adheres to important aspects of tax policy. Among so many changes and the global minimum agreement, is the annual index still relevant today? International tax policy is heating up in the wake of the OECD’s global minimum tax agreement. Listen to Kelly and Daniel Bunn tease...2021-11-2334 min
Taxgirl PodcastHow to Beat Burnout & Boost Staff WellbeingThe past year has taken a huge toll on both tax professionals and taxpayers, something Taxgirl talks about frequently. According to a 2021 survey from Robert Half, more than 44% of employees say they are more burned out on their jobs today than they were a year ago. Employers and employees are seeking all kinds of solutions to burnout and the labor shortage. “People want to work in peace, not in pieces.” In today’s age of workplace burnout, retaining happy and healthy employees is more important than ever.On today’s episode of the Taxgirl podcast, Kelly is...2021-11-1636 min
Taxgirl PodcastDo Work Anywhere Policies Attract New Tax Talent?Big Four accounting firm PwC made waves earlier this year when it introduced a “work anywhere” policy for its 55,000 US employees, allowing them to choose an all-virtual work option. The policy is intended to help PwC attract new talent and retain top talent in a competitive market. The tax profession isn’t always leading the charge when it comes to workforce changes, but some big firms, like PwC, are adopting new flexible “work anywhere” policies to attract and retain top talent.On today’s episode of the Taxgirl podcast, Kelly welcomes back Kathryn Kamin...2021-11-0932 min
Taxgirl PodcastWinners of Student Tax Writing ContestIn April, Kelly announced the first Bloomberg Tax & Accounting Insights student writing competition. The contest sought to highlight the very best of student writing. A panel of judges from the Bloomberg Tax team scored and reviewed every entry, and the winners from schools around the globe represent the best young talent in the tax profession.The best and brightest young tax students submitted topical writing to Bloomberg Tax earlier this year. Today, Kelly speaks with two of the winners about their tax writing and commentary.On today’s episode of the Taxgirl podcast, Kelly is jo...2021-11-0222 min
Taxgirl PodcastLegal Pros & Cons of Working from Home Post-PandemicPWC recently announced it’s allowing its 40,000 client-facing employees to work remotely from anywhere in the US. Joining companies like Facebook and Allstate, more and more employers are shifting to permanently remote models to attract and retain top talent. But what are the tax and legal implications of additional jurisdictions, employee schedule flexibility, and changes to company infrastructure?91% of job-seeking Americans now expect flexibility to work from home. But what are the long term impacts of a large scale remote workforce, for both the employee and the employer?On today’s episode of t...2021-10-2637 min
Taxgirl PodcastAll About State and Local TaxesFrom work from home, to deductions, to Wayfair, it’s clear that state and local taxes (SALT) have become critical in the tax world. While the larger focus used to sit squarely on federal taxes, the industry lens seems to be shifting toward SALT more and more.State and local taxes can seem complicated, especially in a nearly post-pandemic economy where so many taxpayers are still working remotely. How does the federal tax realm compare to SALT?On today’s episode of the Taxgirl podcast, Kelly is joined by Jamie Szal to chat about why this...2021-10-1936 min
Taxgirl PodcastHow to Understand, Mitigate, and Defend Tax PenaltiesIn September, there were still about 17.6 million tax returns awaiting processing, and the IRS anticipates receiving over 4 million more returns in October. The delay has resulted in a lot of frustrated taxpayers, especially those grappling with error notices and being charged penalties and interest for alleged mistakes. Those penalties add up. For the fiscal year 2020, the IRS assessed nearly $31.4 billion in civil penalties. But are those penalties fair? Are there claims or defenses that can get taxpayers out of those penalties?There’s a lot that can go wrong while filing a tax re...2021-10-1237 min
Taxgirl PodcastSmall Business Tax ComplianceIt’s been a long 18 months for tax professionals–deemed #marchternity on Twitter. But is there light at the end of the tunnel?According to the 2021 Accountants Confidence Report, tax and accounting professionals are confident their clients’ finances will improve over the next 12-18 months. However, the same report shows industry professionals are also pessimistic about the overall health of small businesses and the US economy within the same time period.The puzzle of tax compliance is complicated, especially for small businesses. In the midst of ever-evolving tax codes and changing technology, how can business owners...2021-10-0528 min
Taxgirl PodcastHow to Start Your Tax CareerOver the past year, Kelly has talked a lot about “the profession.” Broadly, that refers to the tax world. However, tax as a career isn’t always easy to categorize, and not all tax professionals are accountants or preparers. Kelly is often asked how to get started in tax, and since the answer can be so nuanced, she was inspired to start an occasional series highlighting nontraditional tax careers.There are so many careers in tax besides accounting and preparing. For those who find data, legislature, and current events most exciting, tax reporting could be the perfect career...2021-09-2832 min
Taxgirl PodcastUnpacking Britney Spears’ ConservatorshipAt age 26 in 2008, pop star Britney Spears was put under a court-sanctioned conservatorship. That meant that other people (including her father) that had been named as a conservator were allowed to make decisions about her career and her money. The story has attracted so much attention that it has its own New York Times documentary, and its own hashtag on Twitter, known as the #freeBritney movement. Recently, after 13 years of acting as a conservator, Britney Spears’ father finally agreed to step down from his position managing his daughter’s estate and career.Britney Spears’ conservatorship and the associ...2021-09-2138 min
The Growth Minded AccountantEpisode 5: Marketing Your Tax Brand feat. Kelly Phillips Erb, aka TaxGirlCountingWorks PRO CEO/Founder Lee Reams II and Kelly Phillips Erb, known across the web universe as TaxGirl, dive into the state of the industry, the effects of COVID-19 on the tax profession, tax law, writing, branding, education, the future, and MORE. 2021-09-171h 11
Taxgirl PodcastBusinesses Can Still Claim ERCIn March of 2020, Congress introduced a new tax credit: the Employee Retention Credit (ERC) as part of the CARES Act. The ERC was a direct response to the pandemic and was designed to help businesses keep employees on the payroll. But the ERC got off to a rocky start and was quickly overshadowed by its pandemic cousin, the Paycheck Protection Program (PPP). Nearly a year and a half later, the IRS is still issuing new guidance on the program, even as Congress is considering phasing it out. Business owners have dealt with a lot over the past y...2021-09-1440 min
Taxgirl PodcastKeeping Up with New Tax Technology Amid the Changing Tax CodeWhile the subject of partnerships has brought Kelly many headaches, many tax professionals are drawn to them because of their notorious detail and nuance. It may come as no surprise that new tax technology innovations often find their way into the world of partnerships before other areas of the tax practice. As the complexity of business and partnerships grows, so does the challenge of tax compliance. For this reason, tax professionals are excited about the boom of technology and data tools in the field.Tax professionals are staying ahead of the ever-changing tax code by embracing innovative...2021-09-0727 min
Taxgirl PodcastHow Intellectual Property is Valued After Death: The Michael Jackson Estate CaseMichael Jackson’s death on June 25th 2009 shocked the world. And the legal drama that followed shocked many tax attorneys. At the time of his death, Jackson was clearly worth millions, but the exact value of his estate was unclear. The matter eventually ended up in court with a ruling that Michael Jackson’s image and likeness, at the time of his death, were worth considerably less than the IRS estimated. How this happened, and what it means for other estates, became a big question mark in the tax world. Calculating the value of someone’s intellectual propert...2021-08-3134 min
Taxgirl Podcast59: Going Freelance: How to Navigate the Gig Economy and Self Employment TaxIn 2017, the Bureau of Labor Statistics found that over 36% of Americans are a part of "the gig economy," a dramatic increase from 2-4% in 2005. This is the most recent data available and does not account for pandemic numbers. Those jobs aren’t just paid differently, there are different tax consequences too, from Form 1099 reporting requirements to paying self-employment taxes. Contractor and freelancer taxes can feel complex, so how do you sort it all out for your unique circumstances?Self-employment taxes don’t have to be intimidating. In today’s episode of the Taxgirl podcast, Kelly is joi...2021-08-2436 min
Taxgirl Podcast58: Financial Psychology: How the Mind Influences Money ManagementAs we come out of the pandemic, many taxpayers find that they are not in the same financial situation as they were before. Some lost jobs or businesses, while others took on extra debt. Many of the expenses, from healthcare to mortgage payments, remained on the table, even if they were delayed or deferred. Now that we seem to be turning a corner, it’s time to talk about paying down debt, saving money, and planning next steps. In the wake of a global pandemic, changing your money management strategy can feel daunting. Today’s guest is an expe...2021-08-1745 min
Taxgirl PodcastDo Billionaires Pay Income Tax? Unpacking that Viral Tax Leak from ProPublicaEarlier this month, ProPublica made waves when it published what it said was verified IRS information showing that billionaires, like Jeff Bezos and Warren Buffett, pay little in income tax compared to their massive wealth. ProPublica described the info as “an unprecedented look inside the financial lives of America’s titans.” The article caused quite a stir, both because of how they got the data and the larger discussion regarding wealth and taxes. Recent discussions of taxing the rich or even proposing a wealth tax have sparked plenty of philosophical conversations-- but what would that realistically look like for Am...2021-08-1040 min
Taxgirl PodcastDiversity and Inclusion in Finance & How to Boost the MomentumWhat did you do in 2020 to make a change for the better? Last year, companies were asked to be accountable and actionable about their diversity and inclusion efforts. The results have been mixed. As Derrick Coleman of Creative Financial Staffing has written, “Improving diversity at an organization does not happen overnight. It will take time and effort for companies to make progress and begin building a more diverse workplace.” Young professionals and recent grads are eager to see themselves represented in a company’s leadership. Diversity and inclusion initiatives are helping to reshape representation across the accounting world. ...2021-08-0327 min
Taxgirl PodcastWhat You Need To Know About The G20 & A New Global Minimum Tax RateThe current G20 countries account for more than 80% of the world’s GDP, 75% of global trade, and 60% of the world’s population. This summer, all eyes will be on the G20 summit as they tackle issues related to the global minimum corporate tax and profit reallocation of multinational enterprises. In early June, members of the G7 reached an agreement that would establish a global minimum tax rate of at least 15% on multinational corporations. The intent of the deal is to stop the so-called “race to the bottom” in the international tax corporate world. Now, the G20 will meet and discuss...2021-07-2725 min
Taxgirl PodcastTax Basics on TikTok: How Tax Professionals Can Grow a Social Media FollowingIn June, Taxgirl wrote a story referencing a bad tax take on TikTok. It was a case of tax advice going viral for all the wrong reasons, and a lack of understanding of tax basics. Shortly after publishing the story, Taxgirl received a message from Duke Moore who wrote, “TikTok generally gets a bad rep for misinformation, but I, on the other hand, use the platform to educate others about taxes in a concise and entertaining manner.” Misinformation can spread easily on social media, so tax professionals are using their viral platforms to educate users about tax basics. 2021-07-2029 min
Taxgirl PodcastHow Technology in Finance Provides Job Security to Tax ProfessionalsWhen it comes to tax and technology, our understanding of the implementation often ends at, “My clients upload their data to the cloud.” But there’s so much more to technology in finance than just “the cloud.” There are many ways people in the tax profession can benefit from embracing today’s revolutionary accounting technology. Sometimes tax professionals can be resistant to change, but embracing accounting technology doesn’t have to be scary. On today’s episode of the Taxgirl podcast, Kelly is joined by Jody Padar to talk about technology and what it can bring to the tax...2021-07-1339 min
Taxgirl PodcastChild Tax Credit Explained: 2021 Tax Changes Affecting American FamiliesThere are important tax changes coming this summer for families. Specifically, the child tax credit will enable families to get advanced payments. This is a change from prior years where the credit was calculated and paid out at tax time. The credit is not a new credit, it’s an enhanced credit as part of President Biden’s American Rescue Plan, signed into law in March 2021. The purpose of the child tax credit is to help lift families out of poverty, but like many tax provisions, it can be complicated. On today’s episode of the Taxg...2021-07-0631 min
Taxgirl PodcastMarriage Finances and Matrimonial Law: Family Asset Planning After DivorceFrom Bill and Melinda Gates, to Ben Affleck and JLO, we love the gossip surrounding celebrity weddings, almost-weddings, and divorces. But often, the real life consequences of those weddings, almost-weddings, and divorces are anything but Hollywood glam. Matrimonial Law Professionals Know Family is Complicated, so it’s Best to Be Prepared When it Comes to Marriage Finances On today’s episode of the Taxgirl podcast, Kelly is joined by Mela Garber to discuss marriage, taxes, and estates. Mela is a Tax Principal at Anchin. She has extensive experience handling all aspects of taxation and planning for hi...2021-06-2931 min
Taxgirl PodcastHow Women in Leadership are Shaking Up the Tax and Accounting LandscapeAccording to the Financial and Accounting Women's Alliance, women represent 50% of all full time staff at CPA firms, but make up just 27% of partners and principals. Even though more and more women are entering the tax and accounting professions, women are still vastly underrepresented in management and leadership roles. What will it take to buck that trend? There are many women in finance these days, but there’s still a huge gap in the amount of women in leadership roles. On today’s episode of the Taxgirl podcast, Kelly is joined by Kathryn Kaminsky to discuss the gap...2021-06-2234 min
Taxgirl PodcastHow Family Wealth Planning is Evolving to Benefit Every American FamilyAll too often, wealth planners focus only on the dollars. From annual monetary gifts to conditional clauses in inheritance documents, the subject of family wealth planning isn’t always the most flexible or the most broadly accessible for the everyday American family. Richard and Claudia explain the importance of factoring in the family’s “well-being” when considering generational wealth and inheritance tax. With added flexibility, innovative wealth planning can benefit every family, not just the uber wealthy. On today’s episode of the Taxgirl podcast, Kelly is joined by Claudia Tordini and Richard S. Franklin to discuss...2021-06-1536 min
Taxgirl PodcastTransfer Pricing: Digital Transformations and TransparencyTransfer pricing may be one of the most talked-about and least understood tax topics right now. The underlying concept is simple: it’s the method for pricing transactions between related parties. But what qualifies as “related parties” and how those transactions are valued have become increasingly complicated in a more global and more digital world. Companies facing international taxation are navigating transfer pricing in an ever-changing business landscape. On today’s episode of the Taxgirl podcast, Kelly is joined by Andrew O’Brien-Penney and Tamara Levin to tackle the intricacies of transfer pricing. Andrew is the Director of Economi...2021-06-0833 min
Taxgirl PodcastHow Virtual Tax Prep Can Be A Better Experience For Tax Pros and TaxpayersMany tax accounting firms were busy in 2020 despite the challenges of the pandemic, but not all of them experienced record-breaking positive growth. By staying on top of new technology and offering online tax services with the best tax software, preparers spend more time with clients, and taxpayers have a more streamlined, stress-free filing season. A virtual tax preparation service can be a better experience for both clients and tax professionals On today’s episode of the Taxgirl podcast, Kelly is joined by Donald Nelson, EA, Senior Partner and Tax Advisor at DBN Tax. After getting his accounting deg...2021-06-0141 min
Taxgirl PodcastHow To Utilize The Foreign Earned Income ExclusionOver 9 million Americans live outside of the United States. Sometimes, living outside of the United States can be advantageous on your taxes. Under the Foreign Earned Income Exclusion, taxpayers may be able to exclude income from their United States taxes. The FEIE can make living and working remotely abroad a tax-free experience Joining Kelly on this episode of the Taxgirl podcast is Allyson Lindsey, a managing partner at Bright Tax. Allyson has experience advising international clients with a wide variety of compliance issues, making her the perfect partner to talk about the FEIE. Kelly and Allyson break...2021-05-2534 min
Taxgirl PodcastWomen In Business: The Road To The Top Of The Tax ProfessionDespite the inroads women have made in the tax profession, it’s still a very male-dominated profession, especially at the top. In 2019, only about 20% of all equity partners were female, according to the National Association of Women Lawyers. Thankfully, it’s an issue that is starting to garner more discussion as more people recognize the lack of high-ranking women in business. It can be tough for women in business Industry leader Kate Barton - global vice chair at EY - joins Kelly on this episode of the Taxgirl podcast. Kate and Kelly talk about their experiences as wome...2021-05-1831 min
Taxgirl PodcastThe Increasing Importance Of Data SecurityAs society continues to do more online, data security is more important than ever before. That goes for your taxes and the IRS as well. In their annual report, the IRS identified $2.3 billion in tax fraud schemes in 2020. With the 2021 tax season continuing, it’s something businesses and individuals need to pay attention to. Are you protected from data security issues? On this episode of the Taxgirl podcast, Kelly is joined by Robert Capps, the vice president of emerging technologies for NuData -- a Mastercard company. Kelly and Robert discuss the increasing importance of data security, as we...2021-05-1139 min
Taxgirl PodcastNFTs And The Tax Implications Of Using An NFT MarketplaceThe evolution of cryptocurrency and the blockchains that power it has taken yet another step forward with the creation of NFTs or non-fungible tokens. NFTs have been in the news quite a lot lately, garnering support from some of the biggest names in art, sports, and technology. However, with NFT marketplaces come potential tax liabilities. NFTs aren’t just for art anymore On this episode of the Taxgirl podcast, Kelly is joined by Ben Weiss, the CEO of Coinflip -- the world’s leading Bitcoin ATM operator -- to talk about NFTs. Kelly and Ben discuss NFT mean...2021-05-0428 min
Future-ProofTax pros are people too, with Kelly Phillips ErbKelly Phillips Erb runs a very popular Twitter account under the handle, TaxGirl. She has written a regular Forbes column for years under the moniker, and now she’s doing the same for Bloomberg. She’s been interviewed by every big-name media company in the business about all things tax: CNN, Reuters, Time, NPR, ABC, CBS, MarketWatch, and more. She is also a managing attorney with ErbLaw, based in Glenmoore, Pennsylvania.We talk about the state of tax professionals more than a year into the pandemic, how the industry has changed due to it, and of course the...2021-05-0336 min
Taxgirl PodcastEverything You Need To Know About R&D Tax CreditsIf innovation is instrumental in moving the country forward, then the R&D tax credit is helping to pave the way. While you might think you’ll need lab coats and microscopes to qualify, the R&D tax credit is broad enough to fit a variety of industries. And with more than $18 billion in research and tax credits reported in 2019, it’s clear there are potentially huge savings to be had. Don’t miss out on the massive R&D tax credit To talk more about the specifics of the R&D tax credit and how it works...2021-04-2731 min
Taxgirl PodcastCrypto Taxes: Cryptocurrency Compliance In 2021Cryptocurrency is once again making big waves in the news thanks to Bitcoin and Dogecoin riding high, Tesla accepting payment in the form of Bitcoin, and the IRS asking about it on your tax forms. But without proper guidance from the IRS, there are still plenty of questions surrounding crypto taxes and the specifics of cryptocurrency compliance. Crypto taxes are once again a hot-button topic this tax season On this episode of the Taxgirl podcast, Kelly is joined by Wendy Walker. As the solution principal at Sovos Compliance, Wendy has helped lead the go-to-market strategy focused on g...2021-04-2038 min
Taxgirl Podcast40: Working at the IRS: How (and Why) You Should ApplyEveryone understands the IRS is responsible for collecting taxes but those aren’t the only IRS jobs that exist. The IRS generates approximately 96% of the funding that supports the federal government’s operations, playing a massive part in everything from Homeland Security to helping disadvantaged citizens. But what is it like to work for the IRS? IRS jobs can be varied and rewarding On this episode of the Taxgirl podcast, Kelly is joined by Robin Bailey Jr., the Human Capital Officer at the IRS to discuss working for the IRS. Kelly and Robin discuss his experience working for...2021-04-1336 min
Taxgirl PodcastAccidental Tax Residents: Covid-19’s Impact On The Substantial Presence TestWith the pandemic creating travel restrictions, plenty of people have been stranded from home. In addition to the career and family implications of being stuck away from home, there are potentially large tax complications as well. For those stuck in the United States, you could be considered a tax resident and have certain filing requirements you don’t even realize. You could be a tax resident if you pass the substantial presence test On this episode of the Taxgirl podcast, Kelly is joined by Diane Nobile, a partner at the Miami office of Saul Ewing Arnstein & Lehr. Di...2021-04-0632 min
Taxgirl PodcastNanny Taxes: What To Know About Being A Household EmployerWhile the coronavirus pandemic only further grew the industry, many families already used nannies to help take care of their children and elderly relatives. Whether it’s the potential savings, uncertainty about returning to a shared environment, or a multitude of other reasons; in-home care provides parents and caretakers a ton of benefits. However, it also comes with hurdles as well, with nanny taxes being one of the chief concerns for those interested. Nanny taxes don’t have to be complicated On this episode of the Taxgirl podcast, Kelly is joined by Jay Schulze, the president of Home...2021-03-3040 min
Taxgirl PodcastThe Tax Hurdles Of Moving AbroadMore Americans are considering moving abroad, a trend that equated to a record number of Americans giving up their citizenship in the first half of 2020. While movies might paint it as a whimsical trip, there are significant challenges and potential pitfalls involved. There are serious tax challenges to moving abroad On this episode of the Taxgirl podcast, Kelly is joined by Virginia La Torre Jeker. Virginia has over 35 years of US tax and international experience, including spending 15 years in Hong Kong and Dubai. Kelly and Virginia talk about the difficulties of moving abroad, including tax requirements and c...2021-03-2339 min
Taxgirl PodcastCombatting Economic InequalityDuring the pandemic, those at the top continued to make money while those at the bottom struggled. That’s especially true among minority households with the average white family having as much as eight times the wealth of people of color. That economic inequality hasn’t gone unnoticed, however, with many Americans agreeing it’s gone too far. But with legislation pending, help could be on the way. The coronavirus pandemic is only growing economic inequality Rebecca Thompson of Prosperity Now joins Kelly on this episode of the Taxgirl podcast to discuss how to shrink that disparity. From t...2021-03-1629 min
Taxgirl PodcastDigital Taxes: Are they a workable solution?With states needing to fill budget holes, politicians are looking for new sources of revenue. Maryland recently became the first in the United States to pass a digital advertising tax, taxing the revenue made from digital advertisements on online services like Facebook and Google. Other states are watching closely, with a few introducing similar tax bills. Is Maryland’s digital advertising tax a workable solution? To find out more about Maryland’s digital advertising tax and the potential ramifications, Kelly is joined by George Salis on this episode of the Taxgirl podcast. George is a principal economist and...2021-03-0937 min
Taxgirl PodcastHow To Save And Spend A Lump Sum Of Money, Including Your Stimulus CheckChances are, you’re about to come into some money soon -- whether it’s your tax refund or the 2021 stimulus check. But what do you do with it now that you have it? For many people, getting a lump sum of money is new to them and they don’t want to blow the opportunity. That’s where this sound advice comes in handy. How to use and save your stimulus check effectively On this episode of the Taxgirl podcast, Kelly is joined by Tania Brown, a certified financial planner, author at Saver Life, and the founder...2021-03-0236 min
Taxgirl PodcastMinority Representation In Business: Overcoming Bias and Finding SuccessInclusivity has always been a hot-button topic but it has been pushed to the forefront recently through social justice concerns. To further the discussion of minorities in business, Kelly invites Wil Reynolds to talk about his own experiences with bias, minority representation in business, and what he believes is the best path forward. Minorities in business have to overcome biases to find the same level of success and create change Wil Reynolds is the founder of Seer Interactive. Starting the company after failing to find the type of opportunities he wanted elsewhere, Wil has been a pioneer...2021-02-2337 min
Taxgirl PodcastHow To Shrink The $1.4 Trillion Tax GapThe IRS estimates that around 85% of taxes are paid voluntarily and on time. But the tax gap, the difference between the taxes paid on time and those still owed, means hundreds of billions of dollars are missing every year. While politicians often look to increase or decrease taxes as a part of their platform, simply shrinking this gap by collecting the taxes due could solve problems and is fair to everyone. There’s an estimated $574 billion tax gap per year Charles Rossotti, the former IRS Commissioner, joins Kelly on this episode of the Taxgirl podcast to discuss ho...2021-02-1627 min
Taxgirl PodcastCannabis Taxes: How The IRS Is Handling The Cannabis IndustryThe cannabis industry has been growing rapidly over the last few years as more states begin to make it either medically or recreationally legal. That means cannabis taxes are the next major impact point for the cannabis industry. With stricter guidelines and tax code 280E, cannabis taxes are far from simple and they present potential pitfalls to the professionals owning and working with cannabis businesses. How legalization has impacted cannabis taxes Katye Maxson-Landis joins Kelly on this episode of the Taxgirl podcast to talk about cannabis taxes and how they relate to both companies and preparers. Katye i...2021-02-0957 min
Taxgirl PodcastWorking From Home Tax Issues: How The Coronavirus Complicates Tax FilingThe coronavirus pandemic has impacted everyone in different ways. While it has been difficult over the last year, filing your taxes could prove to be yet another hurdle in this pandemic. For those that have been telecommuting, there are likely going to be working from home tax complications. Potential working from home tax problems On this episode of the Taxgirl podcast, Kelly is joined by Timothy Speiss, the co-leader of EisnerAmper’s personal wealth advisors group. Kelly and Timothy break down some of the biggest potential problems people will face when filing their taxes this year. Whether yo...2021-02-0243 min
Taxgirl PodcastTax Whistleblowers: How To Report Tax Fraud & Tax CheatsTax fraud is serious business and the IRS is looking for help to crack down on it. Paying IRS whistleblowers a reward is one of the tools the government uses to find and prosecute those cheating on their taxes. And it can be a lucrative business for both the IRS and the whistleblowers as they helped the government recover more than $6 billion in 2020. Becoming an IRS whistleblower On this episode of the Taxgirl podcast, Kelly is joined by Gregory Krakower. Gregory is a former senior advisor and counselor for the New York State Attorney General’s office, as...2021-01-2646 min
Taxgirl PodcastIRS Criminal Investigation: Talking Taxes And The Law With Chief Jim LeeIRS Criminal Investigation started a little over 100 years ago as an intelligence unit within the IRS, with nothing more than a few Post Office inspectors. Over the years, IRS-CI has become world-renowned for its ability to investigate abusive tax schemes, financial fraud, and many other crimes. With COVID-19 and PPP loans among the newest areas of focus, IRS-CI is heading into a new decade with even more to handle. What IRS Criminal Investigation is doing in 2021 Kelly is joined by Chief Jim Lee on this episode of the Taxgirl podcast. Chief Lee is the new head of...2021-01-1939 min
Taxgirl PodcastHealth Savings Accounts (HSAs) & TaxesWhat’s the best tax deduction or tax break? That’s a question I hear all the time and I often point people to their healthcare and HSA tax deductions for the biggest benefit. While many people believe health expenses are the biggest deductions they can claim, thinking about your HSA account as a large tax deduction and even a potential retirement account can maximize your tax savings. With HSA tax deductions, health savings accounts can be used for more than just healthcare Megan Gorman, a senior contributor at Forbes and the founder of Chequers Financial Management, join...2021-01-1235 min
Taxgirl PodcastLearning From Celebrity Tax Problems To Save You Time And MoneyMost people love a little gossip and celebrities are often the best source, especially when they get into financial troubles. However, with the help of a good business manager and a little financial literacy, people can keep their names out of the newspaper, off the internet, and off the radar of auditors. Business managers aren’t just for celebrities but you can learn from them Joining us on this episode of the TaxGirl podcast is Greg Zbylut, in-house counsel and tax manager with Singer Burke. Greg has represented a variety of clients, including celebrities, athletes, and Fortune 500 co...2021-01-051h 01
Taxgirl PodcastWhat are FATCA and FBARs?Foreign bank accounts aren’t necessarily for mustache-twirling villains and the superwealthy, but they do trip up plenty of people when it’s time to file their taxes. With foreign accounts becoming more common among everyday people and the minimum amount required to file being so low, it can be easy to not even realize you need to file an FBAR. Not complying with FATCA can result in hefty fines. But what are FATCA and FBAR, and what happens if you don't properly report? What are FATCA and FBAR? How foreign accounts are taxed in the U.S. On...2020-12-2948 min
Taxgirl PodcastYear-End Taxes: What You Need To Be Thinking About At The End Of 20202020 is nearly done. While that brings a sense of joy as the year has been difficult in so many ways, there might also be some anxiety when thinking about your year-end taxes. Whether you’re an individual concerned about how a new president and recovering economy will impact you, or you need to find some last-minute tax deductions, there’s plenty to be thinking about as the new year ticks over. Preparing for end-of-year taxes, estate planning, and maximizing tax deductions On this week’s episode, Kelly is joined by Lisa Colletti, a managing director in planning strate...2020-12-2246 min
Taxgirl PodcastPNC Christmas Price Index: The True 12 Days Of Christmas Cost In 2020Everyone knows the 12 Days Of Christmas lyrics but with some pretty outlandish presents being given in the song, it’s the 12 Days Of Christmas cost that most people want to know about. The PNC Christmas Price Index measures the price of those 12 presents, pitting it against previous years to not only be a fun little anecdote but to help measure inflation. This year with the coronavirus pandemic impacting everyone and every business, the PNC Christmas Price Index looks quite a bit different. What the PNC Christmas Price Index means for you On this week’s episode, Kelly is j...2020-12-1532 min
Taxgirl PodcastManaging Risk With Tax Insurance: What Is Tax Insurance And How Can It Help You?You likely have some type of insurance -- whether that is auto, home, or health insurance. But did you know tax insurance is also available? What is insurance but a way to buy a little protection from catastrophe? Just like other types of insurance help mitigate risk, tax insurance allows companies and individuals to be protected from audits and judgments on specific stances. Managing risks with tax insurance On this week’s episode of the TaxGirl podcast, Kelly talks with Justin Berutich of Euclid Transactional about tax insurance. From who might need tax insurance to deductibles, tax in...2020-12-0840 min
Taxgirl PodcastEverything You Need To Know About Student Loan Repayment And Student Loan DebtStudent loan debt is simply a part of college life now. With college tuition skyrocketing as wages stagnate, more and more people are turning to student loans to get an education. But that doesn’t stop the bill from eventually coming due, which is burying people under student loan debt for decades. Many people simply don’t understand how student loan repayment really works and what their options are when things go wrong. Student loan repayment and debt Joining Kelly this week is Jay Fleischman, a lawyer who has been helping people with debt problems, especially student loan...2020-12-0153 min
Taxgirl PodcastOrganizing Tips To Keep Your Life, Business, And Tax Information In Better ShapeThe difference between being organized or not can be thousands of dollars when it comes to your taxes and finances. This week on the Taxgirl podcast, Kelly talks to Karen Rosenberg Caccavo about how to properly organize your tax documents throughout the year so they’re ready to go when you actually need them. Whether you do your taxes online, go to a certified tax professional, or even have your own accountant, being organized is an important step to keeping your finances in proper order. Karen has a wealth of organizing tips to help you declutter your li...2020-11-2544 min
Taxgirl PodcastHow Low Income Taxpayer Clinics (LITCs) Can Help With Tax DisputesAll taxpayers deserve quality taxpayer support and representation. However, this can be a costly avenue to achieve. Many taxpayers who stumble upon a tax dispute are unaware of the assistance out there. In this week’s podcast, Kelly talks about options for taxpayer help. LITCs, also known as Low Income Taxpayer Clinics, are independent organizations in place to help taxpayers in need fight their disputes. Educating Taxpayers on LITC Kelly invites William Schmidt, clinic director at Kansas Legal Services, to better explain the ins and outs of LITC and taxpayer assistance programs. Will has also co...2020-11-1739 min
Taxgirl PodcastWhat's Next for Recipients Of The Paycheck Protection ProgramTo keep the economy afloat, Congress introduced the Paycheck Protection Program, also known as PPP. The Paycheck Protection Program consists of potentially forgivable loans to keep employees on payroll. The long-term purpose is to help the overall economy. Several issues and questions about PPP are still up in the air for both taxpayers and business owners. What is next for businesses who accepted money from the Paycheck Protection Program? With the many layers of the Paycheck Protection Program and the ever-changing rules, the frustration business owners and taxpayers have continued to rise. This episode’s purpose is to give lis...2020-11-0942 min
Taxgirl PodcastThe Basics of BankruptcyWhat is bankruptcy exactly? Kelly helps to break down and define bankruptcy by, a legal process for obtaining debt relief for those unable to repay obligations. A lot of bankruptcy problems relate to corporations, but most cases are actually by individuals. Majority of bankruptcy cases are related to medical injuries or expenses. Other reasons for bankruptcy might be losing your job, going through a divorce, or simply taking on too much debt. Of course, especially currently with this pandemic, corporations and small businesses also struggle. When hearing the word bankruptcy, most jump to assume this is the end, or...2020-11-0240 min
Taxgirl PodcastWhat Taxpayers Should Know About Constantly Changing Sales Tax LawsSince the pandemic, there has been a lot of uncertainty about the economy, especially for taxpayers and business owners. But as governments seek to make up lost revenue, that raises concerns about tax compliance. An easy target? Sales tax. There has been and probably will continue to be a shift in the economy and tax enforcement of sales taxes. Tax Laws for Taxpayers How will taxpayers and business owners keep up or stay informed with the evolving shifts? Kelly invites Scott Peterson, the Vice President of Avalara, with over 30 years of experience with tax policy a...2020-10-2646 min
Taxgirl PodcastBookkeeping Is More Than Just Numbers: Understanding Why It MattersEpisode 15 - Bookkeeping Is More Than Just Numbers: Understanding Why It Matters Bookkeeping is an important factor of properly running a business. Many people tend to think that bookkeeping and accounting are one and the same. However, they can be very different. Bookkeeping is the recording of all financial transactions within a business. Kelly invites Nicole Davis to cover everything you need to know on how to properly take care of your business’s books. Whether you are wondering how to keep up with your own bookkeeping, looking to hire someone, or have any general questions about the...2020-10-1940 min
Taxgirl PodcastAn Offer You Can't Refuse: A Look At The Mob MuseumSome of the biggest criminal cases in history involve financial disputes and tax evasion. Kelly introduces her favorite museum, The Mob Museum, in Las Vegas, Nevada. The museum focuses on mob crime history including the St. Valentine's Day Massacre in Chicago involving Al Capone. Capone refused to file a tax return claiming that "They can’t collect legal taxes from illegal money.” The Internal Revenue Service's new crime-fighting division (now, IRS-CI) was ordered to "Get Capone" - and they did. You'll find the story, along with artifacts, in the Mob Museum. The museum also does a great job at show...2020-10-1237 min
Taxgirl PodcastWhat You Need To Know About Cryptocurrency & TaxCryptocurrency is a digital or virtual currency. Essentially, it was created to offer a system to enable peer to peer payments without the need of a third party, offering security and a measure of anonymity. For federal income tax purposes, it's treated as a capital asset. And what you don't know could hurt you since recently the IRS has made it a priority to keep up with cryptocurrency transactions. Kelly invites David Kemmerer to help guide taxpayers who are using or may be interested in using cryptocurrency. Staying Up to Date on Cryptocurrency Regulations David...2020-10-0535 min
Taxgirl PodcastPreparing and Managing for a Sandwich Generation HouseholdEpisode 12 - Preparing and Managing for a Sandwich Generation Household Kelly acknowledges the statistics of life expectancy rapidly increasing, which seemingly results in more sandwich generation households. Sandwich generations are when a parent generation with children, also find themselves caring for elderly. Ultimately, these situations can lead to many challenges, including financial and emotional concerns, and everything else that comes with juggling two generations. This week’s podcast is incredibly beneficial in providing guidance, tips, and advice to help navigate the journey of living in sandwich generations. Learn Everything You Need to Know from the El...2020-09-2844 min
Taxgirl PodcastBeing a Minority in the Tax IndustryKelly shares her research on the minorities in the tax industry. While she found that women only make up one-third of the CPA population, the numbers for people of color came out to be even more scarce. Kelly found that the tax firm industry is made up of 80% white people, less than 8% black people, 6% Latino, and 6% Asian American. Those numbers aren't encouraging. Kelly invites Eric Pierre, an African American who has more than successfully beat the odds, to talk about how the numbers show that there is still work to be done. How Eric Obtained Vast Success...2020-09-2142 min
Taxgirl PodcastThe Original Survivor’s Big Win And What Happened When He Was Charged With Tax EvasionIn the 1990s and early 2000s, reality television as we know it today was still relatively new. And leading the pack was a CBS series called Survivor. The first season, Survivor: Borneo, was initially broadcast on May 31, 2000. The show dropped a group of strangers on an island where they had to find or create food, fire, and shelter and work together in teams. Along the way, they competed in challenges and were voted out by their fellow contestants, until only one remained and won the $1 million prize. The first ever winner of Survivor was Richard Hatch. But after his w...2020-09-1444 min
Taxgirl PodcastHow The Pandemic Has Impacted Job Growth In The Tax & Accounting FieldsOne of the biggest fears of employment, is being able to find a decent job. Job opportunities drastically vary based on the economy. Recently, the projected job outlook for 2018-2028 was expected to be at six percent, which was a slowdown from a previous bracket. However, now the numbers are expected to be altered even more due to the Corona Virus Pandemic. Where do we stand today with employment growth and opportunities? The unknown might leave many employees and employers in fear. Kelly invites a master’s student, Ryan O’Keefe, who is currently interning in the tax and acco...2020-09-0724 min
Taxgirl PodcastWhat Successful People Have Learned About Money What's your relationship with money like? Financial challenges are often tied to mental stigma and what we are conditioned to believe about money - even as children. Often, being conditioned to believe a certain way or having expectations about money can lead business owners to carry shame about their current business or financial situations, which can lead to poor business or financial choices. This week’s episode is all about learning to have a relationship with money that allows you to create success. Solutions for Small Business Struggles or Shames Joining Kelly this week is Nic...2020-08-3141 min
Taxgirl PodcastTrademark & The Cost Of Protecting Your Brand All professionals will stumble upon the struggle of balancing costs with deductibility. When is the proper time to spend money on your company or product? Will the money spent be beneficial with the return? Branding your company, service, or product is key to obtaining a successful business platform. Sometimes, this process can be costly, but it could potentially cost you more if you choose to ignore it. Protecting Brand and Trademarks This week, Kelly brings Kelley Keller, founder and president of the Keller Law Firm which focuses on domestic and intellectual property issues. Kelley discusses the...2020-08-2451 min
Taxgirl PodcastLet’s Talk About Addiction, Mental Illness & StigmaIt's been a long and stressful tax season. Mix long hours together with COVID, and there's real worry about mental health for tax professionals. More often than not, one of the barriers to seeking help is stigma: it is difficult for any professional to admit that they are suffering. This week’s episode focuses on the steps you need to take to confront personal mental struggles. Turning Struggles into Success as a Professional Joining Kelly this week is Brian Cuban, a lawyer who has faced his share of struggles. Brian is a lawyer, the brother of...2020-08-1746 min
Taxgirl PodcastFollowing The Money: All About IRS Criminal InvestigationToday, the IRS Criminal Investigation Agency, also known as CI, works to better our community by tackling tax fraud and other financial crimes. This week, Kelly invites Don Fort, the Chief of Criminal Investigation with the IRS to explore the crucial work and educate listeners on the work of CI. Learn From the Chief of Criminal Investigation Don has been with the IRS for 29 years now, holding roughly nine leadership positions. If anyone can explain the ins and outs of the IRS CI, it's Don. In this episode, Don and Kelly talk about the organization...2020-08-1034 min
Taxgirl PodcastWhat You May Not Know About Civil Forfeiture We all know that the Constitution says that the government cannot deny anyone of life liberty or property without due process of law. But did you know that the government may be able to seize your property even if you're not accused of a crime? It's true. Federal and state statutes allow authorities to take your property through a process called civil forfeiture. In this week’s podcast, Kelly and her guest Dan Alban, a litigator with experience in these kinds of cases, discuss civil forfeiture. Hope for Civil Forfeiture Progression and Reform Dan discusses what...2020-08-0348 min
Taxgirl PodcastPaying & Managing Sales Taxes In A Post-Wayfair WorldThis week, Kelly really dives into the recent ruling in 2018 that online businesses must pay taxes and the effect on smaller, primarily online businesses. Brad Scott joins Kelly for an inside look at how the Kill Quill ruling affects small businesses. Brad is the Director of Finance at Halstead Bead, Inc., a jewelry component wholesaler supplying jewelers across the United States and around the globe. Halstead is a second-generation, family-owned, small business. Scott has been with Halstead since 2002. Since May 2019, Scott has led Halstead’s Wayfair legislative advocacy efforts to achieve uniformity, simplification, clarity, and liability limitations for small bu...2020-07-2730 min
Taxgirl PodcastLearn To Relax During A Stressful Tax Season - Or AnytimeJoin Kelly this week for a podcast focused on something we all dread: stress. Tax season and deadlines mean that stress is a concern for many taxpayers and professionals. There are so many changes in the tax world this year due to COVID-19 - with more to follow. We need to recognize if these factors are causing stress in our lives, and how to take control. Stress Prevention Jeena Cho is the author of The Anxious Lawyer, an 8-week guide for lawyers on mindfulness and resiliency. She is also a partner at the JC Law Group, a cont...2020-07-2044 min
Taxgirl PodcastDesperation and Loans in a Time of CrisisJoin us in kicking off our new and informative podcast hosted by Kelly Phillips Erb. During this episode, Kelly invites a guest host, Jeff Grant to discuss his experience with applying for a small business loan - and what followed. Taking On Business Loans Jeff Grant is someone who has followed through with a business loan in a time of desperation. He shares with Kelly some real-life experiences when applying for a loan and how you can be tempted to go too far. Kelly also discusses the alignment with today’s current economic crisis. Liste...2020-06-1754 min
Wealth of KnowledgeEp. 13 – The Tax Guide With Tax Lawyer Kelly Phillips ErbWith tax-filing season in full swing, tax expert Kelly Phillips Erb and U.S. News senior editor for personal finance Susannah Snider join Antonio to discuss how the Tax Cuts and Jobs Act has impacted tax filing, which tax tools are best, how to protect your personal information when filing and what to do with your refund. See acast.com/privacy for privacy and opt-out information.2019-02-1800 min
The Gen Y Lawyer PodcastHow a blawg led to a Forbes editor position with Kelly Phillips ErbKelly Phillips Erb is a Senior Editor at Forbes where she writes about tax and tax policy; she also serves as editorial lead for Bankable by Forbes. She was previously a managing shareholder at The Erb Law Firm, P.C., where she focused on tax law for businesses and families. Kelly is also a mom to three children, so she can add "dinosaur expert," "cupcake baker" and "hockey mom" to her resume. In this episode, she shares her story about how spending time developing her craft, writing about tax law, finding her unique voice and making tax law accessible...2018-02-1936 min
Let’s Get RadicalTax Talk with Kelly Phillips ErbTax season is right around the corner! Join us in this episode as we talk with Kelly Phillips Erb aka Taxgirl and senior editor at Forbes all about tax! We’ll touch upon what small business owners need to know, changes under the new administration, and what to expect in 2017 and beyond. Tune in!2017-01-2455 min
Philadelphia Bar Association - Speaker ProgramsKelly Phillips Erb on how legal blogs can help level the playing field for solo to mid-size firms at the Sept. 22, 2011 meeting of the Bar-News Media Committee.Kelly Phillips Erb on how legal blogs can help level the playing field for solo to mid-size firms at the Sept. 22, 2011 meeting of the Bar-News Media Committee.2011-09-2200 min
Tax Foundation's Tax Policy PodcastKelly Phillips Erb of the TaxGirl Blog: Expiring Tax Cuts and Obama's Budget<p> This week's podcast guest is <a href="http://www.erblaw.com/attorneys/kperb.php">Kelly Phillips Erb</a>, also known as <a href="http://www.taxgirl.com/">Tax Girl</a>, a Philadelphia-based tax attorney and blogger. Erb discusses the pending expiration of provisions in the 2001 and 2003 tax cuts and what to expect from President Obama's budget, which is scheduled to be released next week.</p><p style="text-align: center;"> </p>2010-01-2734 min