Monthly Archives: July 2008

The “Tax Man” Heads to ClubFed

Sometimes you read a story and wonder how in the world it can be true. How can people be so gullible and how can someone do such a stupid scheme and expect to get away with it. Robert Doyle of … Continue reading

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Attorneys Who Speak English Are a Good Idea in Court

Last year we covered the trial of Wisconsin dentist Frederick Kriemelmeyer. Dr. Kriemelmeyer argued at trial that the indictment was faulty because it was in English; that the American flag should not be in the courtroom; and that as long … Continue reading

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Rhode Island is the 18th

Rhode Island has joined 17 other states including California to mandate that state tax returns prepared by professionals be electronically filed. The mandate goes into effect in January. Under Rhode Island’s new law individual taxpayers can opt-out of e-filing. Additionally, … Continue reading

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If You’re Going to Hide the Cash, Don’t Keep a Logbook

Perhaps it was the holiday weekend, or perhaps it’s the start of summer, but the tax evaders weren’t that busy last week. Still, there are some amusing tales of evasion gone wrong. First, we head to White Plains, New York. … Continue reading

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This Will Go Over Well…

I’m not particularly familiar with the Australian Taxation Office and how they compare to the IRS. Yet I suspect that telling them, “Come and get me, you miserable bastards,” is not the way to their hearts. But that’s exactly what … Continue reading

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K-1 Extension Deadline Changes in 2009

One of the more vexing problem tax professionals have is preparing returns for individuals who have a partnership interest where the partnership extends the deadline for filing their K-1s. The extension currently is six months, so a partnership can legally … Continue reading

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Congratulations, Chicago, You’re #1!

Today is July 1st and Chicago has earned a dubious distinction. The Windy City now has the highest sales tax rate in the country, 10.25%. The old “winner,” Memphis, has a 9.25% rate. The sales tax will likely help suburban … Continue reading

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What’s a Lawsuit When You Face a Tax Fraud Case

That’s the question that Joe Francis, founder of Girls Gone Wild, must answer. Francis already faces tax charges; he’s accused of hiding income through the use of foreign accounts and over $20 million of improper deductions on his corporate tax … Continue reading

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