https://www.forbes.com/sites/kellyphillipserb/ en-us https://secure.gravatar.com/avatar/e8bc935b76c1deaa34ea856ea8a1f96f?s=400&d=mm&r=g https://www.forbes.com/sites/kellyphillipserb/ Kelly Phillips Erb's stories. Copyright 2026 Forbes Media LLC https://www.forbes.com/sites/tax-breaks/2026/06/13/tax-breaks-the-world-cup-crosses-all-kinds-of-borders-edition/ Plus: Writing off your AI subscriptions, SpaceX’s IPO and taxes, withholding agents, IRS exchanges info with ICE, tax trivia and more Kelly Phillips Erb, Forbes Staff Kelly Phillips Erb, Forbes Staff https://www.forbes.com/sites/kellyphillipserb/ content_6a2c84cd98d240363acb7152 Sat, 13 Jun 2026 10:00:00 -0400 2026-06-13T10:00:00-04:00 Plus: Writing off your AI subscriptions, SpaceX’s IPO and taxes, withholding agents, IRS exchanges info with ICE, tax trivia and more Getty Images Newsletters /newsletters-old Newsletters /newsletters-old Money /money Personal Finance /personal-finance Taxes /taxes Editors' Pick editors-pick Newsletter newsletter Tax Breaks tax-breaks premium https://www.forbes.com/sites/kellyphillipserb/2026/06/12/employee-retention-credit-refund-suit-survives-but-challenge-to-irs-notice-does-not/ A federal judge ruled that a taxpayer can continue efforts to collect a 2021 Employee Retention Credit claim as a refund suit, not a separate challenge to IRS guidance. Kelly Phillips Erb, Forbes Staff Kelly Phillips Erb, Forbes Staff https://www.forbes.com/sites/kellyphillipserb/ content_6a2c51e3662e6945be3eb839 Fri, 12 Jun 2026 19:03:54 -0400 2026-06-12T19:04:11-04:00 A federal judge ruled that a taxpayer can continue efforts to collect a 2021 Employee Retention Credit claim as a refund suit, not a separate challenge to IRS guidance. getty Taxes /taxes Money /money Taxes /taxes Small Business /small-business Editors' Pick editors-pick money taxes premium https://www.forbes.com/sites/kellyphillipserb/2026/06/10/the-world-cup-crosses-borders-so-do-the-tax-issues/ With 48 teams, 104 matches, and games across the U.S., Canada, and Mexico, the tournament highlights how sporting events can trigger tax issues for athletes and teams. Kelly Phillips Erb, Forbes Staff Kelly Phillips Erb, Forbes Staff https://www.forbes.com/sites/kellyphillipserb/ content_6a29997cbf5c342ccc111a61 Wed, 10 Jun 2026 18:31:02 -0400 2026-06-12T15:18:50-04:00 With 48 teams, 104 matches, and games across the U.S., Canada, and Mexico, the tournament highlights how sporting events can trigger tax issues for athletes and teams. Getty Images Taxes /taxes Money /money Taxes /taxes Personal Finance /personal-finance Business /business SportsMoney /sportsmoney Policy /policy Billionaires /worlds-billionaires money taxes premium https://www.forbes.com/sites/kellyphillipserb/2026/06/09/irs-shared-addresses-for-nearly-47000-people-with-ice-watchdog-says/ The IRS said it did not disclose full tax returns, bank information, or dependent information, but a watchdog found that the data-sharing process still had flaws. Kelly Phillips Erb, Forbes Staff Kelly Phillips Erb, Forbes Staff https://www.forbes.com/sites/kellyphillipserb/ content_6a284c598b4d2ff6c6086b93 Tue, 09 Jun 2026 14:43:29 -0400 2026-06-09T14:43:37-04:00 The IRS said it did not disclose full tax returns, bank information, or dependent information, but a watchdog found that the data-sharing process still had flaws. getty Taxes /taxes Money /money Taxes /taxes Business /business Policy /policy Personal Finance /personal-finance Editors' Pick editors-pick money taxes premium https://www.forbes.com/sites/kellyphillipserb/2026/06/09/the-100000-h-1b-trump-fee-case-is-really-a-tax-case/ A federal court blocked Trump’s H-1B fee, but the bigger fight is about whether the President can use broad immigration authority to impose what looks like a tax. Kelly Phillips Erb, Forbes Staff Kelly Phillips Erb, Forbes Staff https://www.forbes.com/sites/kellyphillipserb/ content_6a27855d7c3668ed6ff938da Tue, 09 Jun 2026 07:05:43 -0400 2026-06-09T07:06:01-04:00 A federal court blocked Trump’s H-1B fee, but the bigger fight is about whether the President can use broad immigration authority to impose what looks like a tax. getty Taxes /taxes Money /money Taxes /taxes Business /business Policy /policy Innovation /innovation Editors' Pick editors-pick money taxes premium https://www.forbes.com/sites/tax-breaks/2026/06/06/tax-breaks-the-taxpayer-advocate-walks-into-a-conference-edition/ Plus: The Supreme Court looks at home tax sales, ERC claims are back in the news, the alternative minimum tax (AMT), the federal gas tax, vacation home tax rules, tax trivia and more Kelly Phillips Erb, Forbes Staff Kelly Phillips Erb, Forbes Staff https://www.forbes.com/sites/kellyphillipserb/ content_6a2326590e7b8e0685e5e873 Sat, 06 Jun 2026 10:00:00 -0400 2026-06-12T18:14:29-04:00 Plus: The Supreme Court looks at home tax sales, ERC claims are back in the news, the alternative minimum tax (AMT), the federal gas tax, vacation home tax rules, tax trivia and more getty Newsletters /newsletters-old Newsletters /newsletters-old Money /money Taxes /taxes Personal Finance /personal-finance Small Business /small-business Editors' Pick editors-pick Newsletter newsletter Tax Breaks tax-breaks premium https://www.forbes.com/sites/kellyphillipserb/2026/06/06/erin-collins-on-the-taxpayer-advocate-service-taxpayer-rights-and-a-strained-irs/ National Taxpayer Advocate Erin Collins talked IRS strain, taxpayer rights, legislative reforms and the importance of fairness in voluntary compliance at a tax conference. Kelly Phillips Erb, Forbes Staff Kelly Phillips Erb, Forbes Staff https://www.forbes.com/sites/kellyphillipserb/ content_6a230a678b8d0f8ed6201944 Sat, 06 Jun 2026 07:00:00 -0400 2026-06-06T08:30:04-04:00 National Taxpayer Advocate Erin Collins talked IRS strain, taxpayer rights, legislative reforms and the importance of fairness in voluntary compliance at a tax conference. Courtesy of Adam Watson, Tax Retreat Taxes /taxes Money /money Taxes /taxes Business /business Policy /policy Personal Finance /personal-finance Editors' Pick editors-pick money taxes premium https://www.forbes.com/sites/kellyphillipserb/2026/06/05/supreme-court-to-rule-on-how-much-equity-homeowners-can-lose-in-a-tax-sale/ A Michigan tax foreclosure case will decide whether homeowners get only the cash left after auction or compensation for the equity that was erased by a forced sale. Kelly Phillips Erb, Forbes Staff Kelly Phillips Erb, Forbes Staff https://www.forbes.com/sites/kellyphillipserb/ content_6a218a95227ebeefd57281db Fri, 05 Jun 2026 10:12:43 -0400 2026-06-05T13:06:03-04:00 A Michigan tax foreclosure case will decide whether homeowners get only the cash left after auction or compensation for the equity that was erased by a forced sale. Jason Dixson Photography 2026 (courtesy of Pacific Legal Foundation) Taxes /taxes Money /money Taxes /taxes Personal Finance /personal-finance Business /business Policy /policy Real Estate /real-estate Residential Real Estate /residential-real-estate Editors' Pick editors-pick money taxes premium https://www.forbes.com/sites/kellyphillipserb/2026/06/03/the-gas-tax-debate-is-back-and-so-are-concerns-about-infrastructure-funding/ With pump prices still well above last year’s levels, lawmakers are again weighing a temporary gas-tax cut. But the Highway Trust Fund is already under strain. Kelly Phillips Erb, Forbes Staff Kelly Phillips Erb, Forbes Staff https://www.forbes.com/sites/kellyphillipserb/ content_6a205c26958226a45e7582e3 Wed, 03 Jun 2026 13:51:45 -0400 2026-06-03T13:51:45-04:00 With pump prices still well above last year’s levels, lawmakers are again weighing a temporary gas-tax cut. But the Highway Trust Fund is already under strain. Getty Images Taxes /taxes Money /money Taxes /taxes Personal Finance /personal-finance Business /business Policy /policy Editors' Pick editors-pick money taxes premium https://www.forbes.com/sites/tax-breaks/2026/05/30/tax-breaks-the-tortured-taxpayer-department-edition/ Plus: Estate planning abroad, AI isn’t your lawyer, Trump Accounts launches an app, OECD updates, new jobs and moving expenses, Taxes from A to Z, tax trivia and more. Kelly Phillips Erb, Forbes Staff Kelly Phillips Erb, Forbes Staff https://www.forbes.com/sites/kellyphillipserb/ content_6a1a0c01f72b8132a989cefd Sat, 30 May 2026 10:00:00 -0400 2026-05-30T10:00:00-04:00 Plus: Estate planning abroad, AI isn’t your lawyer, Trump Accounts launches an app, OECD updates, new jobs and moving expenses, Taxes from A to Z, tax trivia and more. Getty Images for TAS Rights Management Newsletters /newsletters-old Newsletters /newsletters-old Money /money Taxes /taxes Personal Finance /personal-finance Editors' Pick editors-pick Newsletter newsletter Tax Breaks tax-breaks premium https://www.forbes.com/sites/kellyphillipserb/2026/05/30/why-taylor-swift-and-travis-kelce-need-a-prenup-and-you-might-too/ Even if you’re not a billionaire, you can avoid trouble later by signing a prenup that settles some money issues before marriage. If you fail to plan, you plan to fail. Kelly Phillips Erb, Forbes Staff Kelly Phillips Erb, Forbes Staff https://www.forbes.com/sites/kellyphillipserb/ content_6a19bcd8850d63fa51c47da8 Sat, 30 May 2026 06:30:00 -0400 2026-05-30T06:30:00-04:00 Even if you’re not a billionaire, you can avoid trouble later by signing a prenup that settles some money issues before marriage. If you fail to plan, you plan to fail. Hero Image Gregory Shamus/Getty Images Taxes /taxes Money /money Taxes /taxes Daily Cover daily-cover Editors' Pick editors-pick money taxes premium https://www.forbes.com/sites/kellyphillipserb/2026/05/29/treasury-launches-trump-accounts-app-as-funding-date-approaches/ The accounts still can’t accept contributions until July 4. Amid fears scammers could target the rollout, Treasury warned families to use only official channels. Kelly Phillips Erb, Forbes Staff Kelly Phillips Erb, Forbes Staff https://www.forbes.com/sites/kellyphillipserb/ content_6a199594c81b6dade4a43f34 Fri, 29 May 2026 12:37:41 -0400 2026-05-29T12:37:41-04:00 The accounts still can’t accept contributions until July 4. Amid fears scammers could target the rollout, Treasury warned families to use only official channels. Getty Images Taxes /taxes Money /money Taxes /taxes Policy /policy Editors' Pick editors-pick money taxes premium https://www.forbes.com/sites/tax-breaks/2026/05/23/tax-breaks-the-death-and-taxes-edition/ Plus: Not reporting foreign gifts can cost you, U.S. Tax Court, the new car loan interest deduction, and Shakira’s latest residency tax win in Spain. Kelly Phillips Erb, Forbes Staff Kelly Phillips Erb, Forbes Staff https://www.forbes.com/sites/kellyphillipserb/ content_6a1080f3c7061859491da014 Sat, 23 May 2026 10:00:00 -0400 2026-05-24T16:19:41-04:00 Plus: Not reporting foreign gifts can cost you, U.S. Tax Court, the new car loan interest deduction, and Shakira’s latest residency tax win in Spain. C.J. Burton/Getty Images Newsletters /newsletters-old Newsletters /newsletters-old Money /money Taxes /taxes Personal Finance /personal-finance Editors' Pick editors-pick Newsletter newsletter Tax Breaks tax-breaks premium https://www.forbes.com/sites/kellyphillipserb/2026/05/23/death-and-taxes-forbes-practical-guide-for-families/ Advice for survivors on everything from state inheritance and estate taxes, to inherited IRAs, to sorting through a lifetime of possessions and papers. Kelly Phillips Erb, Forbes Staff Kelly Phillips Erb, Forbes Staff https://www.forbes.com/sites/kellyphillipserb/ content_69fe1338192706d340311e30 Sat, 23 May 2026 06:30:00 -0400 2026-05-23T17:37:31-04:00 Advice for survivors on everything from state inheritance and estate taxes, to inherited IRAs, to sorting through a lifetime of possessions and papers. Hero Image C.J. Burton/Getty Images Hero Image Mobile Illustration by C.J. Burton Taxes /taxes Money /money Taxes /taxes Personal Finance /personal-finance Wealth Management /wealth-management Business /business Policy /policy Daily Cover daily-cover Editors' Pick editors-pick money taxes premium https://www.forbes.com/sites/kellyphillipserb/2026/05/21/how-long-to-keep-your-tax-and-financial-records-and-your-parents/ A guide to what receipts, documents and forms must be saved, and for how long, to satisfy the IRS. Plus, tips for storing, scanning and shredding all that paper. Kelly Phillips Erb, Forbes Staff Kelly Phillips Erb, Forbes Staff https://www.forbes.com/sites/kellyphillipserb/ content_6a074f135ee6b777f33a4cad Thu, 21 May 2026 07:30:54 -0400 2026-05-23T17:40:04-04:00 A guide to what receipts, documents and forms must be saved, and for how long, to satisfy the IRS. Plus, tips for storing, scanning and shredding all that paper. Hero Image Illustration by C.J. Burton for Forbes Taxes /taxes Money /money Taxes /taxes Personal Finance /personal-finance Wealth Management /wealth-management Business /business Policy /policy Editors' Pick editors-pick money taxes premium https://www.forbes.com/sites/kellyphillipserb/2026/05/19/shakira-wins-spanish-tax-residency-fight-worth-more-than-55-million/ A court found that Spain failed to prove the singer was a tax resident in 2011. The case is a reminder that where you live—and how you document it—can matter at tax time. Kelly Phillips Erb, Forbes Staff Kelly Phillips Erb, Forbes Staff https://www.forbes.com/sites/kellyphillipserb/ content_6a0bd72d66e18a4a52b22a08 Tue, 19 May 2026 10:26:14 -0400 2026-05-19T10:26:14-04:00 A court found that Spain failed to prove the singer was a tax resident in 2011. The case is a reminder that where you live—and how you document it—can matter at tax time. Getty Images Taxes /taxes Money /money Taxes /taxes Business /business Personal Finance /personal-finance Hollywood & Entertainment /hollywood-entertainment Editors' Pick editors-pick money taxes premium https://www.forbes.com/sites/kellyphillipserb/2026/05/19/after-death-income-tax-filing-and-irs-debts-live-on/ The final 1040 could be just the beginning. What estate executors and survivors need to know about retirement accounts, refunds, back taxes, liens and Form 1041. Kelly Phillips Erb, Forbes Staff Kelly Phillips Erb, Forbes Staff https://www.forbes.com/sites/kellyphillipserb/ content_6a06133e619e24d861ccdff3 Tue, 19 May 2026 06:30:00 -0400 2026-05-23T17:38:37-04:00 The final 1040 could be just the beginning. What estate executors and survivors need to know about retirement accounts, refunds, back taxes, liens and Form 1041. Hero Image Illustration by C.J. Burton for Forbes Hero Image Mobile Illustration by C.J. Burton for Forbes Taxes /taxes Money /money Taxes /taxes Personal Finance /personal-finance Wealth Management /wealth-management Editors' Pick editors-pick money taxes premium https://www.forbes.com/sites/kellyphillipserb/2026/05/18/inherited-retirement-accounts-what-you-need-to-know-now/ Congress changed the rules for when beneficiaries must take money from inherited IRAs, 401(k)s, and other retirement accounts. Here’s how to avoid the most common traps. Kelly Phillips Erb, Forbes Staff Kelly Phillips Erb, Forbes Staff https://www.forbes.com/sites/kellyphillipserb/ content_6a061082d45ce5f9f0929ff8 Mon, 18 May 2026 06:30:00 -0400 2026-05-23T17:38:55-04:00 Congress changed the rules for when beneficiaries must take money from inherited IRAs, 401(k)s, and other retirement accounts. Here’s how to avoid the most common traps. Hero Image Illustration by C.J. Burton for Forbes Hero Image Mobile Illustration by C.J. Burton for Forbes Taxes /taxes Money /money Taxes /taxes Personal Finance /personal-finance Wealth Management /wealth-management Business /business Policy /policy Editors' Pick editors-pick money taxes premium https://www.forbes.com/sites/kellyphillipserb/2026/05/17/what-to-do-with-your-parents-stuff-selling-donating-charity-taxes/ A guide to disposing of all the things your parents accumulated over a lifetime. Plus, 10 tips for organizing your own stuff to spare your kids trouble o conflict. Kelly Phillips Erb, Forbes Staff Kelly Phillips Erb, Forbes Staff https://www.forbes.com/sites/kellyphillipserb/ content_69fdf855570e58eb31db3588 Sun, 17 May 2026 06:30:00 -0400 2026-05-23T17:39:13-04:00 A guide to disposing of all the things your parents accumulated over a lifetime. Plus, 10 tips for organizing your own stuff to spare your kids trouble o conflict. Hero Image Illustration by C.J. Burton for Forbes Hero Image Mobile Illustration by C.J. Burton for Forbes Taxes /taxes Money /money Taxes /taxes Personal Finance /personal-finance Wealth Management /wealth-management Lifestyle /lifestyle Daily Cover daily-cover Editors' Pick editors-pick money taxes premium https://www.forbes.com/sites/tax-breaks/2026/05/16/tax-breaks-the-taxes-and-playing-the-long-game-edition/ Plus: Baby names, Social Security, gas prices, card skimmer fraud, safe harbors, tax trivia and more. Kelly Phillips Erb, Forbes Staff Kelly Phillips Erb, Forbes Staff https://www.forbes.com/sites/kellyphillipserb/ content_6a078a52b41f0035f399a14d Sat, 16 May 2026 10:00:00 -0400 2026-05-16T10:00:00-04:00 Plus: Baby names, Social Security, gas prices, card skimmer fraud, safe harbors, tax trivia and more. Getty Images Newsletters /newsletters-old Newsletters /newsletters-old Editors' Pick editors-pick Newsletter newsletter Tax Breaks tax-breaks premium https://www.forbes.com/sites/kellyphillipserb/2026/05/16/state-estate-inheritance-taxes-probate-costs-2026/ How much your heirs inherit depends on where you lived. Here’s a state-by-state guide to estate and inheritance taxes and onerous probate fees. Kelly Phillips Erb, Forbes Staff Kelly Phillips Erb, Forbes Staff https://www.forbes.com/sites/kellyphillipserb/ content_69fdf817709a5e1f2b62277a Sat, 16 May 2026 06:30:00 -0400 2026-05-23T17:38:19-04:00 How much your heirs inherit depends on where you lived. Here’s a state-by-state guide to estate and inheritance taxes and onerous probate fees. Hero Image Illustration by C.J. Burton for Forbes Hero Image Mobile Illustration by C.J. Burton for Forbes Taxes /taxes Money /money Taxes /taxes Personal Finance /personal-finance Business /business Policy /policy Wealth Management /wealth-management Daily Cover daily-cover Editors' Pick editors-pick money taxes premium https://www.forbes.com/sites/kellyphillipserb/2026/05/14/the-pga-championship-payday-is-big-but-so-are-the-taxes-and-expenses/ Professional golfers lead complicated financial lives, with prize money, endorsements, taxes owed to multiple states, and expenses ranging from travel to caddies. Kelly Phillips Erb, Forbes Staff Kelly Phillips Erb, Forbes Staff https://www.forbes.com/sites/kellyphillipserb/ content_6a06632c4215cdc94f58393e Thu, 14 May 2026 21:37:00 -0400 2026-05-15T09:30:14-04:00 Professional golfers lead complicated financial lives, with prize money, endorsements, taxes owed to multiple states, and expenses ranging from travel to caddies. Getty Images Taxes /taxes Money /money Taxes /taxes Personal Finance /personal-finance Business /business SportsMoney /sportsmoney Editors' Pick editors-pick money taxes premium https://www.forbes.com/sites/kellyphillipserb/2026/05/14/card-skimming-fraud-costs-more-than-1-billion-at-the-gas-pump-each-year/ Thieves use card skimmers to steal debit and credit card information at gas pumps. Here’s what to look for and how to protect yourself from becoming a victim. Kelly Phillips Erb, Forbes Staff Kelly Phillips Erb, Forbes Staff https://www.forbes.com/sites/kellyphillipserb/ content_6a0639904215cdc94f583938 Thu, 14 May 2026 17:38:19 -0400 2026-05-14T17:38:19-04:00 Thieves use card skimmers to steal debit and credit card information at gas pumps. Here’s what to look for and how to protect yourself from becoming a victim. getty Taxes /taxes Money /money Taxes /taxes Personal Finance /personal-finance Editors' Pick editors-pick money taxes premium https://www.forbes.com/sites/tax-breaks/2026/05/09/tax-breaks-the-tax-law-is-having-a-constitutional-moment-edition/ Plus: Best places to retire, fraud keeps growing, more on 1031 exchanges, the childcare crisis, Revenue Rulings and other IRS guidance, tax trivia and more. Kelly Phillips Erb, Forbes Staff Kelly Phillips Erb, Forbes Staff https://www.forbes.com/sites/kellyphillipserb/ content_69fe5917d0301718a8570c31 Sat, 09 May 2026 10:00:00 -0400 2026-05-09T11:43:44-04:00 Plus: Best places to retire, fraud keeps growing, more on 1031 exchanges, the childcare crisis, Revenue Rulings and other IRS guidance, tax trivia and more. AFP via Getty Images Newsletters /newsletters-old Newsletters /newsletters-old Money /money Taxes /taxes Personal Finance /personal-finance Business /business Policy /policy Editors' Pick editors-pick Newsletter newsletter Tax Breaks tax-breaks premium https://www.forbes.com/sites/kellyphillipserb/2026/05/08/liam-and-olivia-are-the-most-popular-baby-names-in-the-us-once-again/ The Social Security Administration has released its latest baby name data and the usual favorites are on top. But babies also need a Social Security number for parents to claim some tax-related breaks and Trump account money. Kelly Phillips Erb, Forbes Staff Kelly Phillips Erb, Forbes Staff https://www.forbes.com/sites/kellyphillipserb/ content_69fe52a95ac4fb8eb4461e65 Fri, 08 May 2026 18:14:17 -0400 2026-05-15T17:53:12-04:00 The Social Security Administration has released its latest baby name data and the usual favorites are on top. But babies also need a Social Security number for parents to claim some tax-related breaks and Trump account money. getty Taxes /taxes Money /money Taxes /taxes Editors' Pick editors-pick money taxes premium