Tom Herman

San Diego

Columnist at The Wall Street Journal

Tax columnist, The Wall Street Journal Reports. Taught at Yale for 12 semesters. Now teaches at Univ. of San Diego. Tennis fanatic.

Articles

You Haven’t Filed Your Tax Returns in Recent Years? The IRS Is Coming

Aug 11, 2024 | wsj.com | Tom Herman

The Internal Revenue Service is turning up the heat on high-income individuals who haven’t filed tax returns in some years. Early this year, the IRS began sending compliance letters to people who made $400,000 or more in years for which they didn’t file a return. Some of those people made $1 million or more. The IRS recommends either filing those missing returns pronto, or explaining why you don’t need to do so.
A Checklist of What Taxpayers Need to Keep in Mind as They Prepare Their Tax Returns

Feb 9, 2024 | wsj.com | Tom Herman

Cookies, device or similar online identifiers (e.g. login-based identifiers, randomly assigned identifiers, network based identifiers) together with other information (e.g. browser type and information, language, screen size, supported technologies etc.) can be stored or read on your device to recognise it each time it connects to an app or to a website, for one or several of the purposes presented here.
A Checklist of What Taxpayers Need to Keep in Mind as They Prepare Their Tax Returns

Feb 9, 2024 | wsj.com | Tom Herman

Cookies, device or similar online identifiers (e.g. login-based identifiers, randomly assigned identifiers, network based identifiers) together with other information (e.g. browser type and information, language, screen size, supported technologies etc.) can be stored or read on your device to recognise it each time it connects to an app or to a website, for one or several of the purposes presented here.
Sell Your Loser Stocks—and Other Year-End Tax Moves to Consider

Oct 26, 2023 | wsj.com | Tom Herman

Journal Reports: Wealth ManagementAnti-ESG Funds Face Obstacles to Broad Investor AcceptanceBy Suzanne McGeeAugust 20, 2023 at 3:00 PM ETOne problem is defining exactly what these funds actually invest in.
So, You Want to Be a Tax Whistleblower

Aug 16, 2023 | msn.com | Tom Herman

Whistleblowers rarely win popularity contests. But in the tax world, whistleblowing sometimes can lead to handsome rewards. The Internal Revenue Service offers rewards for information on tax evasion and other noncompliance and that enables the government to collect additional revenue. Getting a reward, however, generally requires enormous patience and persistence as well as a deep understanding of tax-law intricacies, IRS rules and procedures.
So, You Want to Be a Tax Whistleblower

Aug 16, 2023 | wsj.com | Tom Herman

It takes a lot of time and determination, but the payoff from the IRS could be huge. Here’s how to do it. Aug. 16, 2023 10:00 am ETA claim should have good, credible information that the IRS doesn’t already possess. Illustration: Chris GashWhistleblowers rarely win popularity contests. But in the tax world, whistleblowing sometimes can lead to handsome rewards. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved.
So, You Want to Be a Tax Whistleblower

Aug 16, 2023 | wsj.com | Tom Herman

It takes a lot of time and determination, but the payoff from the IRS could be huge. Here’s how to do it. Aug. 16, 2023 10:00 am ETA claim should have good, credible information that the IRS doesn’t already possess. Illustration: Chris GashWhistleblowers rarely win popularity contests. But in the tax world, whistleblowing sometimes can lead to handsome rewards. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Already a WSJ subscriber?
Foundation Interview: Tom Brokaw

Jun 22, 2023 | emmys.com | Tom Herman
Filing an Amended 2022 Tax Return? Here’s What to Know

May 18, 2023 | wsj.com | Tom Herman
Dont Forget These Tax Changes as You Prepare Your 2022 Returns

Feb 18, 2023 | iqfin.net | Tom Herman