taxgirl
@taxgirl.bsky.social
10K followers 670 following 1.4K posts
I share tax and law stories for Forbes. Lawyer, writer, plant lover, sports fan, proud mom. Happiest with coffee ☕ and my kids. Originally from NC, moved to Philly for school, stayed for snow and pretzels. Have a tip for me? I'm on Signal @taxgirl.1040
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taxgirl.bsky.social
If you have a confidential tip, you can reach me via Signal: taxgirl.1040 

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taxgirl.bsky.social
The IRS has announced the annual inflation adjustments for 2026, including tax rate schedules, tax tables, and cost-of-living adjustments. Here’s what you need to know, including new and increased deductions created by the One Big Beautiful Bill Act.

www.forbes.com/sites/kellyp...
IRS Announces 2026 Tax Brackets, Standard Deductions And Other Inflation Adjustments
Here are the tax rate schedules, tax tables and cost-of-living adjustments for 2026, including new and increased deductions created by the 2025 One Big Beautiful Bill Act.
www.forbes.com
taxgirl.bsky.social
It was last week, even when they were open... 😂

But PPS isn't on the exempt list so far as I can tell.
taxgirl.bsky.social
Every year, I decorate for Halloween.
And every year, I am still startled to walk into a room in my own house and see Halloween decorations.
"A skeleton! How did that get there?"
taxgirl.bsky.social
Oh, we just went through this oven issue, too! I make bread and cookies every week, so that alone justifies the cost.
taxgirl.bsky.social
"Why are grapes $6.50? What has society come to?"

Actual text from my child in college, who, while grocery shopping, is realizing that it's expensive to eat.
taxgirl.bsky.social
Incredibly interesting thought... I guess since we have an "Acting Commissioner," it still works but if that position goes away, it does raise some interesting questions.
taxgirl.bsky.social
U.S. Secretary of the Treasury and Acting Commissioner of the IRS Scott Bessent announced that Commissioner of the Social Security Administration Frank Bisignano will serve as Chief Executive Officer (CEO) of the IRS.

www.forbes.com/sites/kellyp...
Bisignano To Do Double-Duty As Social Security Commissioner And New IRS ‘CEO’
Secretary of the Treasury and Acting IRS Commissioner Scott Bessent announced that Social Security Commissioner Frank Bisignano will serve as new IRS "CEO."
www.forbes.com
taxgirl.bsky.social
The latest edition of our free @forbes.com tax newsletter is out!
This week, it’s the life of a taxpayer edition.
Plus: IRS will stay open during the shutdown (for a little while), installment agreements, retirement, Medicare & Medicaid, tax trivia, and more.

www.forbes.com/sites/tax-br...
The Life Of A Taxpayer Edition
Plus: IRS will stay open during the shutdown (for a little while), installment agreements, retirement, the difference between Medicare & Medicaid, tax trivia and more.
www.forbes.com
taxgirl.bsky.social
Pumpkin waffles for the win this morning!
How is your day going so far?
taxgirl.bsky.social
Gorgeous day in SEPA!
I hope you can enjoy some sunshine in your part of the world today!
taxgirl.bsky.social
Depends on what you're looking for... as a volunteer or a taxpayer?
taxgirl.bsky.social
As the government shutdown continues, Congress can’t come to terms on spending, including on healthcare. As the stalemate continues, there's been considerable confusion between Medicare and Medicaid. It’s easy to confuse the two, but there are several key differences.

www.forbes.com/sites/kellyp...
As Congress Fights Over Benefits, Here’s A Quick Look At Medicare And Medicaid
As the government shutdown continues, Congress can’t come to terms on spending. It’s easy to confuse Medicare with Medicaid, but there are several key differences.
www.forbes.com
taxgirl.bsky.social
ICYMI, IRS says there will be no changes to its operations for the first five days of the shutdown, thanks to a reallocation of money from the Inflation Reduction Act. That means that IRS will stay open through midnight on Tuesday, October 7. Here’s what we know.

www.forbes.com/sites/kellyp...
IRS Plans To Stay Open For The First Five Days Of A Government Shutdown
The IRS says there will be no changes to its operations for the first five days of a government shutdown, thanks to a reallocation of money from the Inflation Reduction Act (IRA).
www.forbes.com
taxgirl.bsky.social
The government may be shut down, but IRS remains open.
The IRS says there will be no changes to its operations for the first five days of a government shutdown, thanks to a reallocation of funds from the Inflation Reduction Act (IRA). Here’s what we know.
www.forbes.com/sites/kellyp...
IRS Plans To Stay Open For The First Five Days Of A Government Shutdown
The IRS says there will be no changes to its operations for the first five days of a government shutdown, thanks to a reallocation of money from the Inflation Reduction Act (IRA).
www.forbes.com
taxgirl.bsky.social
The latest edition of our free @forbes.com tax newsletter is out!
This week: The IRS says no to more paper tax refund checks.

Plus: Disappearing 401(k) matches, capital gains & housing, a possible government shutdown, an FBAR shakeup, tax trivia and more.

www.forbes.com/sites/tax-br...
The “Who Writes Checks Anymore?” Edition
Plus: Disappearing employer 401(k) matches, retirement plan contributions, capital gains and housing, a possible government shutdown, FBAR shakeup, tax trivia and more.
www.forbes.com
taxgirl.bsky.social
Earlier this month, citing the economic slowdown and tariffs, Sherwin-Williams announced that it would suspend 401(k) matches for employees.
While employees might be unhappy, it’s not illegal. Companies can make changes to 401(k) plans. Here’s what you need to know.

www.forbes.com/sites/kellyp...
How To Navigate Retirement Savings If Your Company Suspends 401(k) Plan Matches
Earlier this month, citing the economic slowdown and tariffs, Sherwin-Williams announced that it was suspending 401(k) matches to employees. Here’s what you need to know.
www.forbes.com
taxgirl.bsky.social
On Sep. 30 at midnight, the government will run out of money for the next fiscal year.

For some perspective on how a shutdown might impact the IRS this time around, I turned to someone who is very familiar with the workings of the agency: Terry Lemons.

www.forbes.com/sites/kellyp...
The Hidden Cost Of Government Shutdown Threats: Wasted Taxpayer Resources
Painful preparation for possible funding lapses inside agencies like the IRS creates headaches, and distracts from essential duties, writes former IRS communications director Terry Lemons.
www.forbes.com
taxgirl.bsky.social
It could also be labor.
I have things delivered when possible, and the shopper at my local Target recently reported she couldn't find things. When she asked, she was told that items are in the back, not on shelves, because they cannot find people to stock them.
taxgirl.bsky.social
“Tax strategy isn’t a cost, it’s a wealth vehicle,” says Ashia Thompson, founder of Top Tier Accounting in Dubai, United Arab Emirates.

Ashia is the latest tax professional to be featured in our "Getting To Know You" series. Learn more here:

www.forbes.com/sites/kellyp...
Getting To Know You Tuesday: Ashia Thompson
“Tax strategy isn’t a cost, it’s a wealth vehicle,” says Ashia Thompson, founder of Top Tier Accounting in Dubai, United Arab Emirates.
www.forbes.com