Podcast appearances and mentions of kelly phillips erb

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Best podcasts about kelly phillips erb

Latest podcast episodes about kelly phillips erb

HR{preneur}
Your top small business tax questions... answered

HR{preneur}

Play Episode Listen Later Jan 13, 2025 14:37 Transcription Available


Are you prepared for tax season? Get answers to the most common questions small business owners have from our guest, Kelly Phillips Erb, a recognized tax attorney and writer. We'll dive into how to leverage an accountant's expertise as a partnership, helping you from preparation to long-term planning. Listen in as we cover: [02:16] Tax preparation & what businesses can provide up front to their CPA [03:56] Most common mistakes that small businesses make during tax season [07:26] Common tax deductions or credits [10:06] Partnering with your CPA for long-term business goals This content is based on generally accepted HR practices, is advisory in nature, and does not constitute legal advice or other professional services. ADP does not warrant or guarantee the accuracy, reliability, and completeness of the content. Employers are encouraged to consult with legal counsel for advice regarding their organization's compliance with applicable laws. This content is current as of the published date.  Copyright © 2025 ADP, Inc. All Rights Reserved. The ADP logo, ADP, RUN Powered by ADP, and HR{preneur} are registered trademarks of ADP, Inc. and its affiliates. All other marks are the property of their respective owners.  Privacy at ADP

Forbes Newsroom
IRS Warns Taxpayers About Hurricane Relief Scams: What You Need To Know

Forbes Newsroom

Play Episode Listen Later Oct 16, 2024 16:11


As the southeastern U.S. continues to recover from the devastating effects of Hurricanes Milton and Helene, the IRS is warning taxpayers about relief scams. Forbes senior writer and tax attorney Kelly Phillips Erb joined Forbes senior editor Maggie McGrath to break down the legitimate forms of help and what to do if you've fallen victim to a scam.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Tax Notes Talk
What to Expect in the 2024 Filing Season

Tax Notes Talk

Play Episode Listen Later Jan 26, 2024 33:14


Kelly Phillips Erb, known online as Taxgirl, discusses the 2024 filing season's challenges and considerations in light of the IRS's post-IRA funding changes and the potential for congressional action on a tax deal. For additional coverage, read these articles in Tax Notes:IRS Hasn't Been Idle During ERC MoratoriumIRS Launches Direct-File PlatformHopes for Senate Markup of Tax Deal Complicated by TimingIRS Unveils Sleeker Notices Ahead of Filing SeasonTax Deal Puts a Damper on Filing Season OptimismWerfel: Shutdown During Filing Season Could Be ‘Very Disruptive'Filing Season Tax Changes Could Be Challenging for Direct FileFollow us on Twitter:Jonathan Curry: @jtcurry005David Stewart: @TaxStewTax Notes: @TaxNotes**This episode is sponsored by the University of California Irvine School of Law Graduate Tax Program. For more information, visit law.uci.edu/gradtax.This episode is sponsored by TaxBandits. For more information, visit taxbandits.com and use promo code TaxNotes5.***CreditsHost: David D. StewartExecutive Producers: Jasper B. Smith, Paige JonesShowrunner: Jordan ParrishAudio Engineers: Jordan Parrish, Peyton RhodesGuest Relations: Alexis Hart

Forbes Talks
Should You Report Your Ex To The IRS Like The TikTok Trends Say?

Forbes Talks

Play Episode Listen Later Jan 17, 2024 12:14


Kelly Phillips Erb, a senior writer for Forbes, joins ‘Forbes Talks' to discuss IRS whistleblower laws after a TikTok video went viral about reporting your ex to the IRS.Stay ConnectedForbes newsletters: https://newsletters.editorial.forbes.comForbes on Facebook: http://fb.com/forbesForbes Video on Twitter: http://www.twitter.com/forbesForbes Video on Instagram: http://instagram.com/forbesMore From Forbes: http://forbes.comForbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Forbes Talks
How To Avoid High Interest Rates With The Bank Of Grandma

Forbes Talks

Play Episode Listen Later Dec 26, 2023 12:09


Kelly Phillips Erb, a senior writer for Forbes, joins ‘Forbes Talks' to discuss avoiding high interest rates using intrafamily loans.Stay ConnectedForbes newsletters: https://newsletters.editorial.forbes.comForbes on Facebook: http://fb.com/forbesForbes Video on Twitter: http://www.twitter.com/forbesForbes Video on Instagram: http://instagram.com/forbesMore From Forbes: http://forbes.comForbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Forbes Talks
Maximizing Year-End Tax Opportunities

Forbes Talks

Play Episode Listen Later Dec 25, 2023 22:05


Kelly Phillips Erb, a Forbes senior writer, joins ‘Forbes Talks' to discuss end of year tax tips.Stay ConnectedForbes newsletters: https://newsletters.editorial.forbes.comForbes on Facebook: http://fb.com/forbesForbes Video on Twitter: http://www.twitter.com/forbesForbes Video on Instagram: http://instagram.com/forbesMore From Forbes: http://forbes.comForbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The Concierge CPA
35 - A Fireside Chat with Forbes' Tax Girl, Kelly Phillips Erb

The Concierge CPA

Play Episode Listen Later Nov 23, 2023 58:39


Kelly 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 to be learned from Kelly, from the challenges she's faced to common myths in tax law. Looking ahead, we discuss the evolving landscape of tax preparation and why value pricing is crucial for delivering top-notch services to clients. We also dive into the often-overlooked topic of gender inequality in business writing, as well as gender disparities in the law profession.Stay tuned for Kelly's insights on how women can achieve career growth and mentorship in the tax profession. Our discussion is packed with valuable advice and actionable tips. We wrap it up by talking about courage, building a supportive community, and leveraging social media platforms for professional growth and networking. Don't miss out on this dynamic episode that's sure to inspire!What you'll hear in this episode:[1:30] Law, writing, and personal branding.[7:40] Personal and professional growth, with a focus on veterans and mental health.[11:30] Tax law career path and mentorship.[15:25] Career choices, challenges, and tax law myths.[22:35] Tax accounting, communication, and teamwork.[27:20] Teamwork, communication, and AI in accounting and law professions.[32:15] AI in legal practice, resistance, and efficiency.[37:20] The future of tax preparation and the importance of value pricing.[41:00] Gender inequality in business writing.[43:50] Gender inequality in law profession.[48:05] Career growth and mentorship in the tax profession.[53:25] Courage, community, and social media platforms.[57:00] Tax planning and accounting industry insights.Connect with Kelly on LinkedIn https://www.linkedin.com/in/taxgirl/recent-activity/all/Read Kelly's work on Forbes https://www.forbes.com/sites/kellyphillipserb/?sh=1e98b0679cbaConnect with Jackie on Instagram @jackiemCPACheck out more of Jackie's work at https://www.jackiemeyercpa.com/

How to Cover Money
Who lost this year's Super Bowl? It could be the taxpayers.

How to Cover Money

Play Episode Listen Later Feb 21, 2023 13:27


The Phoenix Valley was packed with visitors for Super Bowl LVII, but does a packed city equal extra economic activity? Janaé Bradford interviews Kelly Phillips Erb, an expert on tax law who has written for and been interviewed by a variety of media outlets. She is currently a tax contributor for Forbes and a Tax Counsel for White & Williams, LLP. Phillips Erb breaks down how local taxpayers contribute to big sporting events but may not be seeing the dividends they were promised. From tax offsets and exemptions, there are a lot of ways that sporting leagues negotiate with local districts before awarding an Olympic, World Cup, or Super Bowl bid. To keep up with Phillips Erb's work, visit taxgirl.com and read her recent work for Forbes titled 'The Super Bowl doesn't always produce super-sized revenues for local taxpayers.'

Money
7 Year-End Tax Tips That Could Save You Thousands

Money

Play Episode Listen Later Dec 14, 2022 41:31 Transcription Available


Episode 173 webpage with all the links. Death and taxes. They say they are the only certain things in life. Certain or not, though, taxes are definitely stressful, which is probably why 1/3 of Americans procrastinate when tax time rolls around. And that can be an expensive mistake. Example: Now's the time to focus on year-end tax moves and take advantage of strategies that could save you thousands and will disappear on December 31st. Let's make sure that doesn't happen to you. As usual, host Stacy Johnson is joined by financial journalist Miranda Marquit. Listening in and sometimes contributing is producer Aaron Freeman. This week's special guest is tax attorney Kelly Phillips Erb, the founder of Taxgirl and an editor at Bloomberg Tax.Become a member: https://www.moneytalksnews.com/members/See omnystudio.com/listener for privacy information.

Talking Taxes In a Truck Podcast
Tax Girl Talks Taxes in a Truck

Talking Taxes In a Truck Podcast

Play Episode Listen Later Oct 7, 2022 56:42


Our latest podcast guest is Kelly Phillips Erb, managing shareholder at the Erb Law Firm, Team Lead for Insights and Commentary at Bloomberg Tax and Accounting, and the face behind the excellent @TaxGirl Twitter account and taxgirl.com blog. Kelly kicks things off with an overview of the ENABLERS Act, and explains how the broadly-written bill could put millions of law-abiding businesses and employees in the Treasury Department's crosshairs. Later, Kelly and Brian do a deep dive on the $80 billion in new IRS funding, discuss the issues keeping Kelly's clients up at night, and lay out the prospects for a lame duck tax package. 

Sons of CPAs
Licensed to Tax (feat. Adam Markowitz, EA)

Sons of CPAs

Play Episode Listen Later Sep 12, 2022 63:12


Accounting High (aka Sons of CPAs Podcast) Season 3 Episode 11 | Recorded March 21, 2022 Guest: Adam Markowitz, EA Hosts: Jason Ackerman and Scott Scarano Sponsor: Karbon - Karbon firms are connected firms - check em out at https://karbonhq.com/ Join Scott, Jason, and Adam as they talk about tax, branding, software apps, social issues, #TaxTwitter, finding your purpose, and everything in between. Find out how Adam, a Bachelor of Arts who majored in Music and History ended up in the Tax/Accounting space and why he's here to stay. It's about keeping in mind what's really important to each of us, and finding our purpose. What's yours? For Adam, it's to help out his local community and really help out those who need it the most. 3 - Dad started the business back in 1993 5 - The best thing that ever happened to me was telling me they couldn't give me an extra buck and 50 an hour. 7 - I was into sports gambling and it was a miserable, miserable crutch for a college kid who thought he knew much more about sports than he did Shoutout to Mike Rose 8 - You're not paying me because I'm dressed in a suit. You're paying me because I've got a good brain on my shoulders 11 - A writer disguised as an accountant 13 - Having done maybe 20 returns and probably f*cked up half of them, that's when Adam decided he's buying into the family business 17 - I'll promise you, the name Markowitz, it ain't going to be in there anywhere. I want this business to be a lot bigger than me and I want this business to live on a lot longer Shoutout to AJ Campo 21 - How the f*ck do we think we're going to help these people when we don't offer them any help? Shoutout to Netflix, Adam Project, WeCrashed, Adam Newman, TV+ 25 - Does any accountant or tax preparer love themselves on March 21st? Shoutout to Karbon 28 - Why is Adam using Karbon? It keeps his team on task and its automators are absolutely the secret sauce 29 - Adam and his dad's only argument in the 15 years they've been working together was overpaying him Shoutout to Jim Costello 32 - #TaxTwitter Shoutout to Kelly Phillips Erb aka @taxgirl, Jason Staats aka @jstaatscpa, Andrea @andreacpa0, Ed Zollars aka @edzollars, Glen Birnbaum 38 - So what really is an EA? Shoutout to Drake Software, KanyeTax, EasyACCT 42 - Adam's horrible confession re: general ledger Shoutout to Intuit QuickBooks, Xero 44 - By doing the actual manual entry, even though it took more time, I have a lot better understanding about what the client has going on in their business 49 - 2020 was about helping everyone, 2021 was about survival, and 2022 is about the last push of growth 53 - We're headed to a firm that is going to be less about me and more about the community 57 - What is your purpose? 60 - Adam's advice? treat the person on the other side of the table like they're your grandmother --- Send in a voice message: https://anchor.fm/sonsofcpas/message

CPA Huddle
Women in Accounting Series Featuring Kelly Phillips Erb

CPA Huddle

Play Episode Listen Later Jul 8, 2022 71:03


In 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 episode will inspire students of all ages to embrace opportunities to become subject matter experts in areas that are unconventional. Calling all college students! If you are unsure of what to major in or career to pursue, consider opportunities in accounting. Catch up on episodes of this podcast as a resource. You can also follow Kelly, aka Taxgirl, across the various social platforms. It's time to Huddle Up!

Talking Tax
Student Loan Interest Deduction Needs a New Look

Talking Tax

Play Episode Listen Later May 12, 2022 12:15


Some or all of the interest paid on student loans can be deducted from your taxes. But despite the proliferation of these types of loans over the years, many taxpayers don't see a real benefit. That's because, unlike with home mortgage interest, the student loan interest deduction has significant limitations and has changed numerous times over the years. Bloomberg Tax columnist Kelly Phillips Erb says Congress needs to rethink how the tax code treats student loans—especially if President Biden forgives a huge swath of them, as he's discussed doing. Kelly also talks about the struggles of paying for higher education and about her family's decision whether to borrow money for her kids, even though she's still paying off her own student loans. Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.

UnYielded: Thriving No Matter What
From Prison to Calling

UnYielded: Thriving No Matter What

Play Episode Listen Later Mar 30, 2022 48:52


Life is full of unexpected twists and turns. Also, Life can be fraught with numerous drawbacks. However, regardless of what happens, the most critical aspect is rising again. My guest for today has a life story that is worth discussing. After developing an addiction to prescription opioids and serving nearly fourteen months in federal prison (2006–07) for a white-collar crime committed in 2001 while working as a lawyer, he began his reentry by earning a Master of Divinity in Social Ethics from New York City's Union Theological Seminary. After graduating from divinity school, he was invited to serve as Associate Minister and Director of Prison Ministries at an inner city church in Bridgeport, Connecticut. He later co-founded Progressive Prison Ministries, Inc., the world's first ministry solely dedicated to white-collar crime. Jeff Grant, Private General Counsel/White Collar Attorney at GrantLaw, joins today's episode to share the insights he has learned on his journey from prison to calling.Jeff's First Life – Jeff tells his journey of various twists and turns, none of which he could have predicted would result in such a great life.Being a Sober – Jeff discusses what he believes helped him stay sober when everything seemed to be collapsing around him.Isolation and Community - Jeff provides a comprehensive explanation about his saying, "Isolation damages us, and the answer is community."Comeback Story – Whatever the worst-case scenario occurs in our lives, we must have a story of redemption. Jeff explains how he assists someone is preparing to write their comeback story.Jeff's advice – Jeff delivers some suggestions for individuals who self-sabotage on how to move ahead.Resources:Connect with Jeff: LinkedIn: linkedin.com/in/revjeffgrantWebsite: grantlaw.comBusiness Insider: A lawyer who went to prison for 9/11-related fraud just got his law license back, and became an ordained minister along the way, by Peter Coutu, July 2021: https://www.businessinsider.com/jeff-grant-lawyer-prison-minister-disbarred-911-law-license-reinstated-2021-7Reuters: Jeff Grant 'Let Go of the Outcome': How this Felon Beat Addiction and Won Back his Law License, by Jenna Greene, May 2021: https://www.reuters.com/business/legal/i-let-go-outcome-how-this-felon-beat-addiction-won-back-his-law-license-2021-05-21/American Bar Association Criminal Justice Magazine, "A Rising Tide Lifts All Boats: Progressive Diversion & Reentry," by Jeff Grant and Chloe Coppola, Spring 2021: https://www.grantlaw.com/american-bar-association-criminal-justice-magazine-springp21-issues-a-rising-tide-lifts-all-boats-progressive-diversion-recovery-by-jeff-grant-chloe-coppola-2/Forbes: As Law Enforcement Pursues SBA/PPP Loan Fraud, A Story Of Redemption, by Kelly Phillips Erb, July 2020: https://www.forbes.com/sites/kellyphillipserb/2020/07/14/as-law-enforcement-pursues-sba-loan-fraud-jeff-grant-talks-redemption/#7a4f70cc4483 

Financial Recon
Talkin Taxes with the TaxGirl! Kelly Phillips Erb

Financial Recon

Play Episode Listen Later Feb 8, 2022 56:29


It'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 Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

taxes tax time kelly phillips erb
Talking Tax
Tax Season Is Here, But IRS Isn't Yet 'Back to Normal'

Talking Tax

Play Episode Listen Later Feb 3, 2022 18:05


The tax filing season that just kicked off is the third that is being affected by the coronavirus pandemic. Kelly Phillips Erb, Bloomberg Tax editor and host of the Tax Girl podcast, says we haven't yet returned to the way things worked pre-pandemic. In addition to a paper return backlog and understaffed IRS, this year's returns will also be complicated by stimulus checks and advance child tax credit payments. Erb joins our weekly podcast, Talking Tax, to talk about what filers and tax pros can expect in the coming weeks and about why, this year, it may not necessarily be a good idea to file early. Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.

Check Your Balances
Talking Taxes with the Tax Girl

Check Your Balances

Play Episode Listen Later Dec 1, 2021 36:41


This week we talk taxes with Kelly Phillips Erb, aka the Tax Girl.  Together we discuss the challenges of navigating the tax landscape, and Kelly offers some controversial takes on home ownership and Roth IRAs.You can find Kelly's podcast, blog, and more by visiting: https://www.taxgirl.com/If you'd like to submit questions or air grievances you can contact us at checkyourbalances@outlook.com.

girl taxes roth iras kelly phillips erb
The Growth Minded Accountant
Episode 5: Marketing Your Tax Brand feat. Kelly Phillips Erb, aka TaxGirl

The Growth Minded Accountant

Play Episode Listen Later Sep 17, 2021 71:56


CountingWorks 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. 

covid-19 marketing brand kelly phillips erb
Taxgirl
58: Financial Psychology: How the Mind Influences Money Management

Taxgirl

Play Episode Listen Later Aug 17, 2021 45:46


As 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 expert in financial psychology and teaches financial literacy.   On today's episode of the Taxgirl podcast, Kelly is joined by Jacquette Timmons to chat about how we can change our mindset and decision-making around money. Jacquette focuses on the “human side” of money in the field of financial psychology. As a financial behaviorist, she believes “you don't manage money, you manage your choices around money.” On top of being an author and frequent blogger, Jacquette is also the creator of Pricing Made Human, and The Comfort Circle, a dinner series where she hosts sessions about money, business, psychology, and life, over food and wine. She is also the host of the podcast More Than Money. Listen to Kelly and Jacquette talk about money management and financial literacy: Debt, child tax credit, and financial obligations in the wake of the pandemic: how can families have confidence in their money management during the rest of 2021 and beyond? What should people think about when they're getting an additional check this year with the child tax credit? There's a lot of judgmental attitudes out there based on how folks talk about their money or spend their money. How can tax and finance professionals work to further understand financial psychology, without placing judgment on those families for the way they spend? What keeps people from talking about money when there's sometimes a stigma around certain spending patterns? Jacquette talks about how financial literacy and decision making are like muscles, and it takes practice and openness to find a healthy balance. Jacquette says it's important to have “a willingness to experiment” with the way you handle your money and finances, but that can be difficult when you're deeply overwhelmed by your financial circumstances. How can you work on shifting your mindset toward money management during times of financial stress? Small and consistent changes can have a “profound” impact on both results and the new habits you're creating around your finances. It doesn't happen overnight, and a lot of the changes happen in the mind; practice working on small, incremental changes and focus on the long term to flex your financial psychology knowledge. What is the harm with the popularized “coffee” analogy around saving money? Kelly and Jacquette discuss how restrictive examples like this can be, and what some more useful examples would be for making many small investments over time. What's the best strategy for paying off debt? Jacquette says to work on paying down a little at a time with consistency, and paying off the smallest sum first, even if it sounds counterintuitive. At the same time, she suggests investing or saving a small amount every month at the same time to see a bit of growth while you're paying off debt. Something that comes up often in talks of financial literacy is the idea of prioritizing debt. If you owe five different creditors, where do you start if, hypothetically, every sum was equal? Jacquette says to list everything out by category: loans, tax debt, mortgage or car, credit debt, etc. And then, she explains how to sort those debts into her “debt matrix.” In the lives of families or the health of small businesses, in many cases finances are tighter than they were before the pandemic. Kelly and Jacquette discuss how this can have an impact psychologically, and how to encourage people to seek out help to talk about money in a more healthy way.  Hopefully the events and conflation of 2020 won't come back any time soon, but Jacquette reminds listeners that there will be another crisis eventually. How can folks prepare and learn as much as they can to be better equipped down the road? What's the difference between financial intimacy and financial transparency? How do they both fit into financial psychology and money management? Jacquette explains what they both are, why they're important, and how to bring both into your daily life. As a culture, we crave these financial conversations to be comfortable and “easeful.” However, Jacquette suggests that's something we should work on as a community, and instead embrace any discomfort in exchange for financial transparency and intimacy.  What are Jacquette's tips for listeners for becoming more transparent and intimate about these financial literacy conversations? Get comfortable with the idea of having questions, not knowing everything, and learning something new outside your wheelhouse. Then, get specific on the questions you have. Who is the ideal “team” of finance professionals that people should surround themselves with and have in their corner? Jacquette says everybody should have a CPA, and an attorney, and maybe a fiduciary financial professional to manage their money.   More about Kelly Phillips Erb:   Kelly is the creator and host of the Taxgirl podcast series. Kelly is a practicing tax attorney with considerable experience and knowledge. She works with taxpayers like you every day. One of the things that she does is help folks out of tax jams, and hopefully, keep others from getting into them. Links mentioned: Kelly's Website – TaxgirlFollow Jacquette's -- Instagram Jacquette's Website -- The Financial Wheel

Taxgirl
57: Do Billionaires Pay Income Tax? Unpacking that Viral Tax Leak from ProPublica

Taxgirl

Play Episode Listen Later Aug 10, 2021 40:43


Earlier 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 America's uber-wealthy?   On today's episode of the Taxgirl podcast, Kelly is joined by Steve Rosenthal to chat about tax and wealth and how they intersect. Steve is a senior fellow in the Urban-Brookings Tax Policy Center at the Urban Institute, where he researches, speaks, and writes on a range of federal income tax issues, with a particular focus on business taxes. In 2013, he also was the staff director of the DC Tax Revision Commission.   Before joining Urban, Rosenthal practiced tax law in Washington, DC, for over 25 years, most recently as a partner at Ropes and Gray. He was a legislation counsel with the Joint Committee on Taxation, where he helped draft tax rules for financial institutions, financial products, capital gains, and related areas. He is the former chair of the Taxation Section of the District of Columbia Bar Association.   Listen to Kelly and Steve talk about billionaires and taxes: The ProPublica piece mentioned has been criticized for supposedly conflating wealth with income. Steve shares the difference between earned income and unearned income, and why we tax them differently. Simply: income tax only taxes income, not wealth. We often assume that billionaires and millionaires are in the highest tax bracket, but that's not always the case. Income is the basis of tax liability in the American system, so wealth without income is not taxed as heavily. In 2007, Jeff Bezos famously said he paid no income tax, even though Amazon stock more than doubled in the same year. Steve says about the 16th amendment, “We have an income tax, not a wealth tax.” How do these tax principles apply to all taxpayers? Kelly and Steve discuss taxable events and how investments like stocks and real estate aren't considered taxable income until those assets are sold. What the Biden Proposal says about gains-at-death for the mega wealthy, and what the threshold really is. As a W-2 earner, all income is reported to the IRS, and many of these folks are not reliant on investments or asset growth for their wealth. But the wealthy are usually not reliant on a wage or salary. How are investment sales taxed differently than income? What are the arguments that the tax system isn't “fair,” versus the arguments that it is fair? Should the wealthy be taxed more heavily? Would changing the top tax rate alter how much the uber wealthy would realistically pay in overall taxes? In the philosophical discussion of whether billionaires should be taxed more, what would that even look like? There is so much opportunity in the U.S. for financial success, although recently wealth inequality has been “exacerbated.” What would happen to dynastic wealth if assets were taxed upon death? The 25 richest Americans are collectively worth over $1 Trillion. It would take over 14 million working class Americans to match that kind of wealth. Does taxing appreciated assets target small business and upper middle class more than it does the billionaires? The top 1% of Americans own 50% of the stock market. Most Americans would identify themselves as middle class, and a lot of folks don't have an abundance of assets. Addressing wealth inequality is complicated with the way the tax code sits right now. Does Steve think the ProPublica story helped or harmed the odds of Biden's proposal going through? What would the next steps potentially look like for the proposal?   More about Kelly Phillips Erb:   Kelly is the creator and host of the Taxgirl podcast series. Kelly is a practicing tax attorney with considerable experience and knowledge. She works with taxpayers like you every day. One of the things that she does is help folks out of tax jams, and hopefully, keep others from getting into them. Links mentioned: Kelly's Website – TaxgirlSteve's Twitter -- stevertax

On Record PR
Bloomberg Tax Journalist Kelly Phillips Erb, aka @Taxgirl, Talks Media Relations, Diversity and How Taxes are Fun

On Record PR

Play Episode Listen Later Aug 9, 2021 41:22


Gina Rubel goes on record with Kelly Phillips Erb, attorney, writer, and blogger, to discuss industry trends, the advice she would give lawyers when they pitch the media, how she sources stories, and what it has been like being a woman in a predominantly male sector of the industry. Learn More Kelly Phillips Erb is a Team Lead for Insights & Commentary at Bloomberg Tax. Her job is to tell stories about tax and help tax professionals share their stories. She is also a managing shareholder at The Erb Law Firm, P.C., where she focuses on tax law. She earned her J.D. and LL.M. in Taxation from Temple University School of Law. While at law school, Kelly interned at the estates attorney division of the Internal Revenue Service, where she participated in the review and audit of federal estate tax returns. Kelly's articles and interviews have appeared in a wide range of media outlets including CNN Money, National Public Radio's Marketplace, BBC, Time, Forbes Magazine, Esquire, Martha Stewart's Living, the Philadelphia Inquirer, the New York Times, and the ABA Journal. In 2012, she was named to the Philadelphia Business Journal's '40 Under 40' class; the award recognizes people who have made significant accomplishments in their profession and who are involved in their community. She is a member of the bars of Pennsylvania and New Jersey and is licensed to practice in front of the U.S. Tax Court.

Taxgirl
56: Diversity and Inclusion in Finance & How to Boost the Momentum

Taxgirl

Play Episode Listen Later Aug 3, 2021 27:39


What 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.   On today's episode of the Taxgirl podcast, Kelly is joined by Derrick Coleman to talk about how a diverse workforce is good for both the culture and the bottom line of an organization. Derrick is the Managing Director for Creative Financial Staffing of Los Angeles, where he serves as a practiced leader of GHJ's recruiting division. CFS specializes in the placement of accounting and finance professionals into temporary and permanent positions across a broad range of industries.   Listen to Kelly and Derrick talk about companies' diversity and inclusion efforts in a post-pandemic world: Why is it important to have diversity in the workplace, especially in the world of tax and finance?  Research shows that a diverse workforce is more profitable at the end of the day, why don't we see more companies making more of an effort to improve right now? The tax and accounting fields are notoriously resistant to change. Derrick says education is key; companies need to start having open dialogues about these topics, and really listen to their staff. As a young professional new to the workforce, there's such an advantage to seeing yourself and your identity represented in your field. Derrick shares how companies can begin to make representation more of a priority.  When hiring, how can professionals learn to look beyond their internal biases, from sharing an alma mater with an applicant, to tackling race and gender biases? Search engines, technology, and online recruiting software have already widened the field and can help companies cast a broader net when seeking to hire. But how can firms teach their staff to overcome their biases when it comes to interviews and offers of employment? Derrick encourages teams to go through mandatory unconscious bias training, with an emphasis on retention just as much as recruitment. He says firms have to make the effort to mentor and develop diverse professionals on a daily basis, long after they've recruited them to the team. The demographics numbers regarding who is graduating versus who is managing teams do not match up at all. In other words, it can be hard for new grads to find an influential mentor in their field that looks like them.  Diversity and inclusion commitments start with the leadership of the company, Derrick says. And it's up to the leadership teams to keep the DEI strategy at high priority, and to assign mentors and sponsors throughout their ranks and across all demographics.  How can staff members practice being supportive allies once new diverse employees are in place, without putting the pressure onto that new staff member to educate the rest of the team? What are Derrick's recommended resources for companies just getting started with putting diversity and inclusion initiatives into place? How can staff members work on speaking up on behalf of creating more diversity equity and inclusion efforts, without causing accidental harm or offense in the meantime? Derrick says that everyone will make mistakes along the way; it's important to create a safe space and stay dedicated to your own further education into the subject. Where does Derrick see diversity and inclusion initiatives going in the future, and how can companies keep expanding upon them for a more diverse and inclusive workplace environment?   More about Kelly Phillips Erb:   Kelly is the creator and host of the Taxgirl podcast series. Kelly is a practicing tax attorney with considerable experience and knowledge. She works with taxpayers like you every day. One of the things that she does is help folks out of tax jams, and hopefully, keep others from getting into them. Links mentioned: Kelly's Website – TaxgirlDerrick's Website -- CF StaffingDerrick's Team -- GHJ Advisors

Future-Proof
142. Tax pros are people too, with Kelly Phillips Erb

Future-Proof

Play Episode Listen Later May 3, 2021 36:46


Kelly 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 ways it will continue to evolve moving forward. To learn more, and for the complete show notes, visit https://blionline.org/blog (blionline.org/blog). Resources: https://www.taxgirl.com/ (taxgirl.com) Twitter: https://twitter.com/taxgirl (@taxgirl) Instagram: https://www.instagram.com/therealtaxgirl (@therealtaxgirl) Future-Proof is a production of http://crate.media (Crate Media)

White Collar Week with Jeff Grant
White Collar Week, Ep. 09: Small Business

White Collar Week with Jeff Grant

Play Episode Listen Later Aug 19, 2020 74:16


White Collar Week with Jeff Grant, A Podcast Serving the White Collar Justice Community. Limited 10 Show Run: Summer 2020It's the Isolation that Destroys Us. The Solution is in Community.____________Podcast Ep. 09: Small Business, with Guest Kelly Phillips Erb, also known as TaxgirlToday on the podcast we have my colleague and friend, Kelly Phillips Erb.Kelly is a tax attorney, business advisor and host of the Taxgirl Podcast. I reached out to Kelly after reading her column in Forbes about SBA PPP loans. She read my article on Entrepreneur.com (over 350,000 views folks!) on the same subject, and she invited me to be on her podcast. She followed up the podcast up with an article in Forbes: "As Law Enforcement Pursues SBA Loan Fraud, Jeff Grant Talks Redemption."It was one of my favorite interviews ever.Today's podcast continues our conversation, and broadens it to include good, solid business and tax strategies that small businesspeople can use to get through these distressing economic times. While many small businesses will unfortunately certainly go under during this pandemic, others will reset, repurpose and flourish. Of course, we also go into updated information about SBA PPP and EIDL loans.So, coming up - our Small Business Edition. With Kelly Phillips Erb. On White Collar Week. I hope you will join us.- JeffRev. Jeff Grant, J.D., M.Div. (he, him, his)Co-founder, Progressive Prison Ministries, Inc., Greenwich CT & NationwideCo-host, The Criminal Justice Insider PodcastHost, White Collar WeekMailing: P.O. Box 1, Woodbury, CT 06798Website: prisonist.orgEmail: jgrant@prisonist.orgOffice: 203-405-6249Donations (501c3): bit.ly/donate35T9kMZNot a prison coach, not a prison consultant.

Sage Advice Podcast
Thought Leader - Kelly Phillips Erb what comes next now that the extended tax season is over

Sage Advice Podcast

Play Episode Listen Later Aug 18, 2020 10:19


Kelly Phillips Erb is a tax attorney, writer, and podcaster. She authors the popular 'Taxgirl' blog, which has been consistently recognized by the ABA Journal as one of the top blogs written by lawyers. Kelly has regular columns with Forbes and Bloomberg and is the host of the newly re-launched Taxgirl podcast. Kelly's practice focuses on tax law including tax planning, compliance, and controversy.  You can subscribe to her podcast on these platforms: Apple: https://podcasts.apple.com/us/podcast/taxgirl/id1523075095 Google: https://podcasts.google.com/feed/aHR0cHM6Ly90YXhnaXJsLmxpYnN5bi5jb20vcnNz Spotify: https://open.spotify.com/show/1D2FkhkOP1KzwLwDGByie9?si=xbT0acHeS9SoeSolZss0Fg

Tax Notes Talk
The Taxing 2020 Tax Season

Tax Notes Talk

Play Episode Listen Later Jul 10, 2020 33:28 Transcription Available


Kelly Phillips Erb, the managing shareholder of Erb Law Firm PC, known as @taxgirl on Twitter, talks to Tax Notes reporter Jonathan Curry about the abnormal 2020 tax season.For additional coverage, read these articles in Tax Notes:COVID-19 Shaped Tax Pros’ Business Through Filing SeasonNo Extension of July 15 Filing Deadline, IRS AnnouncesWork-From-Home Technology Comes With New Privilege ConcernsSome Tax Pros Wary of Another Return Filing ExtensionPreparers Scramble in Pandemic Adapt-to-Survive MomentBusiness of Tax: All COVID-19, All the Time for Tax WonksIn the segment “In the Pages Sneak Peek,” Tax Notes State Editor in Chief Jéanne Rauch-Zender talks with Robert Plattner about his recent piece, "Part 2: The Commerce Clause Strikes Back."***CreditsHost: David D. StewartExecutive Producers: Jasper B. Smith, Faye McCrayShowrunner: Paige JonesAudio Engineers: Derek Squires, Jordan ParrishGuest Relations: Nicole White

time tax season taxing kelly phillips erb tax notes jonathan curry
The Colin McEnroe Show
Coronavirus Is Surging; Tax Refunds Will Be Delayed; Fireworks Inspire Conspiracy Theories

The Colin McEnroe Show

Play Episode Listen Later Jun 29, 2020 49:00


There are just over 10 million cases of coronavirus globally and almost 500,000 deaths. U.S. deaths recently rose to 125,000. Yet, the Trump Administration continues to downplay the seriousness of this pandemic. The White House Coronavirus Task Force met Friday for the first time in two months, with Vice-President Pence acknowledging the surge in several states but insisting, "We're in a much better place," than we were two months ago. Also this hour: The estimated backlog of unopened mail at the IRS is about eleven million. And that doesn't include the one million pieces of mail that continue to come in every day. It may take a while to get your tax refund. Lastly, fireworks are a rite of summer. In this summer of pandemic, police brutality, and overall mistrust, fireworks have attracted darker conspiracies. GUESTS: Rebecca Katz is a Professor and Director of the Center for Global Health Science and Security at Georgetown University Medical Center. (@rebeccakatz5) Kelly Phillips Erb is a managing shareholder at the Erb Law Firm, a Senior Contributor at Forbes, regular columnist for Bloomberg Tax, and author of the “Taxgirl” blog. (@taxgirl) Kaitlyn Tiffany is a staff writer for The Atlantic. (@kait_tiffany) Support the show: http://www.wnpr.org/donateSee omnystudio.com/listener for privacy information.

Taxgirl
1: Desperation and Loans in a Time of Crisis 

Taxgirl

Play Episode Listen Later Jun 17, 2020 54:10


Join 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 is able to share 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.   Listen to Kelly and Jeff talk loans, as well as:  The impact of Small Business Administration (SBA) loans   How SBA Loans should support businesses and not lifestyles  How to properly handle loan money and the loan process  Why you shouldn’t lie - even if it feels small - to qualify for loans  How taking on debt should be handled and used as a business strategy  The Justice Department’s crackdown on loans  The importance of understanding challenges to create znspiration  Challenges and misunderstandings that you should be aware of during this time  More About Kelly Phillips Erb:  Kelly is the creator and host of the new Taxgirl podcast series. Kelly is a practicing tax attorney with considerable experience and knowledge. She works with taxpayers like you every day. One of the things that she does is help folks out of tax jams, and hopefully, keep others from getting into them.   Links Mentioned:  Kelly’s Website – Taxgirl   Jeff’s Website - Prisonist

Simply Tax
Tax Season Not Normal with Taxgirl #097

Simply Tax

Play Episode Listen Later May 4, 2020 49:45


Host Damien Martin continues a multi-episode look at the tax season with Kelly Phillips Erb, popularly known as Taxgirl. Here’s what’s covered: Who is Taxgirl? @ 1:16 Why tax? @ 2:51 Challenges and changes @ 5:20 Watch out for scammers! @ 12:49 The experience of writing and reporting on the tax season @ 16:44 The most important and overlooked provisions @ 19:32 Tips for the current environment @ 21:56 Tips for a career in tax and writing about tax @ 27:09 How Taxgirl started writing @ 32:39 Closing thoughts on the tax season and a career in tax @ 37:51 Parenting advice @ 43:39 Learn more about Kelly and get additional resources here. GET MORE “SIMPLY TAX” We’re excited to also provide video content to strengthen your tax mind! Check it out on our YouTube channel. A complete archive of our episodes is available on our website and YouTube playlist. We’d love to hear from you! Email feedback and questions to SimplyTax@bkd.com. Connect with Damien on social media! LinkedIn | Twitter | Instagram | YouTube

Simply Tax
Tax Season Not Normal with Taxgirl #097

Simply Tax

Play Episode Listen Later May 4, 2020 49:45


Host Damien Martin continues a multi-episode look at the tax season with Kelly Phillips Erb, popularly known as Taxgirl. Here's what's covered: Who is Taxgirl? @ 1:16 Why tax? @ 2:51 Challenges and changes @ 5:20 Watch out for scammers! @ 12:49 The experience of writing and reporting on the tax season @ 16:44 The most important and overlooked provisions @ 19:32 Tips for the current environment @ 21:56 Tips for a career in tax and writing about tax @ 27:09 How Taxgirl started writing @ 32:39 Closing thoughts on the tax season and a career in tax @ 37:51 Parenting advice @ 43:39 Learn more about Kelly and get additional resources here. GET MORE “SIMPLY TAX” We're excited to also provide video content to strengthen your tax mind! Check it out on our YouTube channel. A complete archive of our episodes is available on our website and YouTube playlist. We'd love to hear from you! Email feedback and questions to SimplyTax@bkd.com. Connect with Damien on social media! LinkedIn | Twitter | Instagram | YouTube

Trashy Divorces
S5E12: They Can’t Take That Away From Me | Anna Nicole Smith & Natalie Wood and Robert Wagner

Trashy Divorces

Play Episode Listen Later Mar 22, 2020 82:36


Welcome to the end of Season 5 and another host’s choice edition of Trashy Divorces! Stacie has the surprising and sad tale of model Anna Nicole Smith, whose Playboy notoriety, marriage to a billionaire octogenarian, and sometimes inexplicable life choices made her catnip to the tabloids and someone who was relatable to millions when she died. Then Alicia has the story of Natalie Wood and Robert Wagner. They divorced, but found a way to put it all back together again – at least until Natalie’s untimely death at the age of 43. This week’s promo: We Love You (And So Can You) and BetterHelp Need some extra distraction? Each week, we’re opening up a few hours of bonus content on Patreon for your listening enjoyment. Down with paywalls! Check out bit.ly/trashcandyquarantine for this week’s story selection. Stacie’s Receipts Anna Nicole Smith’s tragic real-life story, by Mike Redmond. NickiSwift.com, January 9, 2018. Ex-Baby Sitter to Get Default Judgment from Anna Nicole Smith, AP, August 18, 1995. Anna Nicole Smith Weds J. Howard Marshall II. People Magazine. August 1, 1994. Anna’s Unprinted Interviews Revealed, by Amy Bonawitz. CBS News, April 30, 2007. Anna Nicole Book Details Childhood Abuse, Sex Life, by Matt Mitovich. TV Guide, April 30, 2007. Judge In Decades Old Anna Nicole Smith Case Announces He’s Had Enough, by Kelly Phillips Erb. Forbes, January 30, 2017. Alicia’s Receipts Second Time’s the Charm, by Barbara Wilkins. People. December 13, 1976.

Cloud Accounting Podcast
Tax Deadline Extended, IRS Yet to Confirm

Cloud Accounting Podcast

Play Episode Listen Later Mar 21, 2020 46:35


We're joined by tax expert, tax attorney, author, and Forbes columnist Kelly Phillips Erb AKA @taxgirl. Kelly gives us the rundown of what's been going on in Congress with tax deadline extensions, small business relief due to coronavirus, and more. We also discuss the Senate stock sale scandal, potential job losses in accounting due to the recession we have almost certainly entered, accounting firms going remote, the challenges of remote work, and how we can more effectively communicate clients about COVID-19.

Wealth of Knowledge
Ep. 21 – The Best of Wealth of Knowledge Part 2

Wealth of Knowledge

Play Episode Listen Later Apr 1, 2019 35:47


This week, Antonio picks some of the best nuggets of financial advice from the previous 10 episodes of Wealth of Knowledge. Hear about office etiquette scenarios with etiquette expert Daniel Post Senning, tax-filing advice from tax lawyer Kelly Phillips Erb, investing guidance from financial advisor Douglas Boneparth, car-buying suggestions from The Car Coach Lauren Fix as well as thoughts on 21st century leadership from our Leaders Talk Series. See acast.com/privacy for privacy and opt-out information.

wealth douglas boneparth kelly phillips erb daniel post senning
Wealth of Knowledge
Ep. 13 – The Tax Guide With Tax Lawyer Kelly Phillips Erb

Wealth of Knowledge

Play Episode Listen Later Feb 18, 2019 41:45


With 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.

guide news lawyers tax cuts jobs act kelly phillips erb susannah snider
Congressional Dish
CD183: Tax Cuts... For Some of US

Congressional Dish

Play Episode Listen Later Oct 28, 2018 130:10


Taxes: We all hate them but we all have to pay them. In December 2017, the Republicans in Congress rushed major changes to our tax policy into law. In this episode, host Jen Briney and her accountant friend, Alexis Claypool, explain the most significant changes to how our tax payments are going to be calculated and how these changes are likely to affect us. You will also learn about a major dingleberry that hitchhiked its way into law attached to this bill. Joe Briney joins Jen for the Thank Yous. Please Support Congressional Dish - Quick Links Click here to contribute a lump sum or set up a monthly contribution via PayPal Click here to support Congressional Dish for each episode via Patreon Send Zelle payments to: Donation@congressionaldish.com Send Venmo payments to: @Jennifer-Briney Use your bank’s online bill pay function to mail contributions to: 5753 Hwy 85 North Number 4576 Crestview, FL 32536 Please make checks payable to Congressional Dish Thank you for supporting truly independent media! H.R. 1: An Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018.   Subtitle A - Individual Tax Reform Part I - Tax Rate Reform Sec. 11001. Modification of Rates Married Individuals Filing Joint Returns Heads of Households Unmarried Individuals Inflation Adjustment Part II - Deduction for Qualified Business Income of Pass-Thru Entities Sec. 11011. Deduction for Qualified Business Income Phase-In of Limit for Certain Taxpayers Qualified Business Income Exception for specified service businesses based on taxpayer's income Threshold Amount Application to partnerships and S Corporations Part III - Tax Benefits for Families and Individuals Sec. 11021. Increase in Standard Deduction Sec. 11022. Increase in and Modification of Child Tax Credit. Sec. 11027. Temporary Reduction in Medical Expense Deduction Floor. Special Rules for Use of Retirement Funds with Respect to Areas Damaged by 2016 Disasters Part IV - Education Part V - Deductions and Exclusions Sec. 11042. Limitation on Deduction for State and Local, etc. Taxes Sec. 11043. Limitation on Deduction for Qualified Residence Interest Sec. 11045. Suspension of Miscellaneous Itemized Deductions Sec. 11047. Suspension of Exclusion for Qualified Bicycle Commuting Reimbursement Sec. 11048. Suspension of Exclusion for Qualified Moving Expense Reimbursement Sec. 11049. Suspension of Deduction for Moving Expenses Sec. 11051. Repeal of Deduction for Alimony Payments Part VI - Increase in Estate and Gift Tax Exemption Sec. 11061. Increase in Estate and Gift Tax Exemption Part VII - Extension of Time Limit for Contesting IRS Levy Part VIII - Individual Mandate Sec. 11081. Elimination of Shared Responsibility of Payment for Individuals Failing to Maintain Minimum Essential Coverage Subtitle B - Alternative Minimum Tax Sec. 12001. Repeal of Tax for Corporations Sec. 12003. Increased Exemption for Individuals Subtitle C - Business-related Provisions Part I - Corporate Provisions Sec. 13001. 21-Percent Corporate Tax Rate Part II - Small Business Reforms Sec. 1301. Modifications of Rules for Expensing Depreciable Business Assets Part III - Cost Recovery and Accounting Methods Sec. 13201. Temporary 100-Percent Expensing for Certain Business Assets Sec. 13202. Modifications to Depreciation Limitations on Luxury Automobiles and Personal Use Property Part IV - Business-Related Exclusions and Deductions Sec. 13301. Limitation on Deduction for Interest Sec. 13304. Limitation on Deduction by Employers of Expenses for Fringe Benefits Qualified Transportation Fringes Transportation and Commuting Benefits Sec. 13306. Denial of Deduction for Certain Fines, Penalties, and Other Amounts Sec. 13307. Denial of Deduction for Settlements Subject to Nondisclosure Agreements Paid in Connection with Sexual Harassment or Sexual Abuse Sec. 13308. Repeal of Deduction for Local Lobbying Expenses Sec. 13311. Elimination of Deduction for Living Expenses Incurred by Members of Congress Part V - Business Credits Sec. 13403. Employer Credit for Paid Family and Medical Leave Termination Part VI - Provisions Related to Specific Entities and Industries Sec. 13531. Limitation on Deduction for FDIC Premiums Part VII - Employment Sec. 13602. Excise Tax on Excess Tax-Exempt Organization Executive Compensation Part VII - Exempt Organizations Sec. 13702. Excise Tax Based on Investment Income of Private Colleges and Universities Part IX - Other Provisions Sec. 13802. Reduced Rate of Excise Tax on Beer Sec. 13804. Reduced Rate of Excise Tax on Wine Sec. 13807. Reduced Rate of Excise Tax on Certain Distilled Spirits Subtitle D - International Tax Provisions Part 1 - Outbound Transactions Sec. 14101. Deduction for Foreign-Source Portion of Dividends Received by Domestic Corporations from Specified 10-Percent Owned Foreign Corporations Sec. 14202. Deduction for Foreign-Derived Intangible Income and Global Intangible Low-Taxed Income Sec. 14211. Elimination of Inclusion of Foreign Base Company Oil Related Income Part II - Inbound Transactions Part III - Other Provisions Title II Sec. 20001. Oil and Gas Program Sec. 20003. Strategic Petroleum Reserve Drawdown and Sale Additional Reading Article: Tax reform eliminates deduction for moving expenses by Brittany Benson, H&R Block, October 24, 2018. Article: What are political or lobbying expenses and are they deductible? by Jean Murray, The Balances MB, October 23, 2018. Article: What changes has the IRS made to moving expense reimbursement? by Terry Sheridan, Accounting Web, October 3, 2018. Article: How the Trump tax law passed: GOP adds sweeteners by The Hill Staff, The Hill, September 28, 2018. Article: Repatriated profits total $465 billion after Trump tax cuts - leaving $2.5 trillion overseas by Jeffry Bartash, MarketWatch, September 19, 2018. Article: Foreign-derived intangible income deduction: Tax reform's overlooked new benefit for U.S. corporate exporters by Frank J. Vari, The Tax Adviser, August 2, 2018. Article: Will the Tax Act set back private equity? by David Dayen, The American Prospect, July 2, 2018. Article: The new tax form is postcard-size, but more complicated than ever by Jim Tankersley, The New York Times, June 25, 2018. Article: Four key changes for depreciation deductions by Bobby M. Bragg, Jamison Money Farmer PC, May 29, 2018. Article: New: IRS announces 2018 tax rates, standard deductions, exemption amounts and more by Kelly Phillips Erb, Forbes, March 7, 2018. Article: New excise tax on excess executive compensation by tax-exempt organizations by Christine Faris and Stephen Sutten, Baker Tilly, January 29, 2018. Article: Tax credit aims to boost availability of paid family leave, but will it work? by Michelle Andrews, NPR, January 23, 2018. Article: Corporate America celebrated tax cuts by laying off workers by David Dayen, Vice, January 10, 2018. Article: Andy Blunt joining in lobbying venture wtih long-time confidant of his father by Chuck Raasch, St. Louis Post-Dispatch, January 10, 2018. Article: Bonus tucked into GOP tax bill for those aiming to deduct medical expenses by Michelle Andrews, Kaiser Health News, December 22, 2017. Article: Final tax bill includes huge estate tax win for the rich: The $22.4 million exemption by Ashlea Ebeling, Forbes, December 21, 2017. Article: Newly passed Tax Cuts and Jobs Act eliminates employers' commuter benefits deductions by Matt Gerard, NBS, December 21, 2017. Article: Beer, wine, and spirits industries toast passage of GOP tax bill by Victor I. Nava, Washington Examiner, December 20, 2017. Article: A quick guide to the GOP tax plan, Bloomberg News, December 18, 2017. Article: CEOs aren't waiting for the tax bill to pass - they've already started pocketing the windfall by David Dayen, The Intercept, December 18, 2017. Article: Have you ever felt sorry for the I.R.S.? Now might be the time by Patricia Cohen, The New York Times, December 18, 2017. Article: File your taxes on a postcard? A G.O.P. promise marked undeliverable by Jim Tankersley, The New York Times, December 16, 2017. Article: Special giveaways in tax cut bill benefit family members and colleagues of key GOP senators by Lee Fang, The Intercept, December 1, 2017. Article: CBO: Senate tax bill would hurt poor by Mallory Shelbourne, The Hill, November 27, 2017. Article: Republican plan delivers permanent corporate tax cut by Jim Tankersley, Thomas Kaplan, and Alan Rappeport, The New York Times, November 2, 2017. Article: The GOP Tax Bill is out - and now we know why it was secret for so long by David Dayen, The Nation, November 2, 2017. Article: BP's $20.8 billion gulf spill settlement nets $15.3 billion tax write-off by Robert W. Wood, Forbes, October 6, 2015. Resources CDC: Alcohol and Public Health Govtrack: H.R. 1: Tax Cuts and Jobs Act Institute on Taxation and Economic Policy: Who Pays? Joint Committee on Taxation Publication: JX-67-17 OpenSecrets.org: Dan Sullivan OpenSecrets.org: Don Young OpenSecrets.org: Lisa Murkowski OpenSecrets.org: Rep. Mike Kelly OpenSecrets.org: Rep. Peter DeFazio OpenSecrets.org: Sen. Rob Portman OpenSecrets.org: Sen. Roy Blunt Treasury.gov: Unified Framework for Fixing Our Broken Tax Code Turbo Tax: What Are Standard Tax Deductions? USGS: ANWR Maps Sound Clip Sources Congressional Record of the 115th Congress; House of Representatives, Wednesday, September 27, 2017. Congressional Record of the 115th Congress; House of Representatives, Thursday, September 28, 2017. Congressional Record of the 115th Congress; House of Representatives, Wednesday, October 4, 2017. Congressional Record of the 115th Congress; House of Representatives, Monday, December 18, 2017. Congressional Record of teh 115th Congress; House of Representatives, Tuesday, December 19, 2017. Community Suggestions See more Community Suggestions HERE. Cover Art Design by Only Child Imaginations Music Presented in This Episode Intro & Exit: Tired of Being Lied To by David Ippolito (found on Music Alley by mevio)

The Joe Piscopo Show
7AM Hour 3-26-18, Kelly Phillips Erb, Senior Editor for Forbes Media

The Joe Piscopo Show

Play Episode Listen Later Mar 26, 2018 53:44


See omnystudio.com/listener for privacy information.

senior editor forbes media kelly phillips erb
The Gen Y Lawyer Podcast
How a blawg led to a Forbes editor position with Kelly Phillips Erb [GWL133]

The Gen Y Lawyer Podcast

Play Episode Listen Later Feb 19, 2018 36:49


Kelly 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 to everyone didn't go unnoticed.      What You'll Learn in this Episode:     How Taxgirl got started with her career and writing her blog, How she found her unique voice and unique writing style and how she managed to make tax law understandable and accessible to most people, How she thought her blawg went unnoticed for a while until she started winning ABA awards and then got an offer from Forbes, Her book "Home, Sweet Rental: Busting the Hype Of Homeownership” and how home ownership is declining with Millennials, and how home ownership might not make financial sense to everyone, How her family factors into the mix, and how she always knew that she wanted to be a mom and also wanted to work. How it was important for her to have the two co-exist.       Resources:   Home, Sweet Rental: Busting The Hype Of Homeownership Kindle Edition by Kelly Phillips Erb  (Author),‎ J. Christopher Erb  (Author) http://amzn.to/2BEs32E      Contact Information:   Kelly can be found on various platforms and her handle is @taxgirl Twitter  Facebook LinkedIn Instagram   Thanks for Checking Out the Show Notes and for Listening! I really hope you enjoyed this episode. I would really appreciate it if you shared this episode with a friend who could benefit from listening to this particular episode.   Also, please don't forget to subscribe to the GWL Podcast in Apple Podcasts or in Stitcher Radio. That way, every time I prepare a new episode for you, it'll automatically show up in your phone. Once last thing: I would truly appreciate it if you could leave an honest review for The Gen Why Lawyer Podcast in Apple Podcasts. Positive ratings and reviews help boost the visibility of the show and help me in reaching more lawyers.

HWTP SPORTS TALK
6.21.17 Podcast: Ronaldo's tax issues, Trump Wrestler, O’Callaghan coming out

HWTP SPORTS TALK

Play Episode Listen Later Jun 21, 2017 60:00


David was joined by Forbes reporter Kelly Phillips Erb (aka The Tax Girl), Yahoo Sports reporter Eric Adelson and Outsports writer Cyd Zeigler.

Market Wrap with Moe - Business Financial Analysis on Investing, Stocks, Bonds, Personal Finance and Retirement Planning

- Kelly Phillips Erb, "The Tax Girl" - Please call 1-800-388-9700 for a free review of your financial portfolio

Philadelphia Bar Association - Speaker Programs
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.

Philadelphia Bar Association - Speaker Programs

Play Episode Listen Later Sep 21, 2011 32:52


Solo Practice University® Guest Lectures
Audio: Expenses and Deductions for Professionals Who Work From Home on a Full or Part-time Basis

Solo Practice University® Guest Lectures

Play Episode Listen Later Sep 28, 2010


Kelly Phillips Erb is a tax lawyer focused on tax law for businesses and families. She provided a guest lecture Wednesday, October 6th about expenses and deductions for professionals who work from home on a full or part-time basis. Kelly Phillips Erb is an attorney and shareholder with the Erb Law Firm, PC. She has […]Written by Susan Cartier Liebel

Tax Foundation's Tax Policy Podcast
Kelly Phillips Erb of the TaxGirl Blog: Expiring Tax Cuts and Obama's Budget

Tax Foundation's Tax Policy Podcast

Play Episode Listen Later Jan 27, 2010