Monthly Archives: May 2007

Some Good News for California…But Will the Legislature Spend the Money?

State tax collections in April have exceeded projections, a pleasant change for California fiscal authorities. As of April 19th, the Central Valley Business Times reported that California has a $1.9 billion surplus compared to a $1 billion deficit in January. … Continue reading

Posted in California | Comments Off on Some Good News for California…But Will the Legislature Spend the Money?

Why I Haven’t Been Covering the Conrad Black Trial

Because Mark Steyn is. You haven’t hear of Mark Steyn? You haven’t read Mark Steyn? His daily column is available on his web site. His column is carried by many newspapers, including the Orange County Register. He appears weekly on … Continue reading

Posted in Tax Fraud | Tagged | Comments Off on Why I Haven’t Been Covering the Conrad Black Trial

Holy Housing in Los Angeles?

Back in 2005, I reported on the Orange County Sewage District’s hiring of a spiritual counselor. The idea of spiritual sewage made me laugh…at least, I’m not in the OCSD so the tax dollars didn’t come out of my pockets. … Continue reading

Posted in California | Tagged , | Comments Off on Holy Housing in Los Angeles?

Tax & Spend Doesn’t Have to Happen

The Presidential election in still 18 months away, but campaigning is in full swing. I haven’t decided who I’m going to vote for, but I have decided on one candidate I won’t vote for. Former Senator John Edwards (D-NC) is … Continue reading

Posted in Legislation | Comments Off on Tax & Spend Doesn’t Have to Happen

Los Angeles Cell Phone Tax Increase Invalid

The California Court of Appeals upheld a District Court ruling that the City of Los Angeles increase in their tax on cellular phone service was invalid. The City will likely appeal the decision to the State Supreme Court. The case … Continue reading

Posted in California | Tagged | Comments Off on Los Angeles Cell Phone Tax Increase Invalid

IRS Mailing Incorrect CP2000 Notices

The IRS announced that they have mailed some incorrect CP2000 notices. The notices state that the impacted individuals are not including their state tax refund as income when they were impacted by the AMT in the prior year; the notices … Continue reading

Posted in IRS | Comments Off on IRS Mailing Incorrect CP2000 Notices

A Bad Story with (Hopefully) a Good Ending

In February, Steven Green pleaded guilty to not filing tax returns from 2001 to 2003 and to using a fake social security number when applying for a loan. He was sentenced to 2 years and nine months in prison, with … Continue reading

Posted in New York, Tax Evasion | Comments Off on A Bad Story with (Hopefully) a Good Ending

Some Rather Blatant Fraud

If you were going to commit tax fraud, would you and your partner in crime exchange checks for the same exact amount to the penny? That’s among the evidence that caused Inn-Chung Chen (aka Daniel Chen) to plead guilty to … Continue reading

Posted in Tax Fraud | Comments Off on Some Rather Blatant Fraud

A Horror Story (Averted) From Bill Leonard

Once a week I receive the Leonard Letter. Bill Leonard, a member of California’s Board of Equalization, each week states his views on what’s going on in the tax world in California. It’s essential reading for anyone in California concerned … Continue reading

Posted in California | Tagged , | Comments Off on A Horror Story (Averted) From Bill Leonard

Where the Wealth Is (In California)

The Franchise Tax Board released county income statistics for 2005 last week. Not surprisingly, the San Francisco Bay Area had the wealthiest individuals (as measured by tax returns), with Marin County leading the way with a median income of $48,854 … Continue reading

Posted in California | Comments Off on Where the Wealth Is (In California)