Monthly Archives: March 2009

My New Website

My new website, http://www.claytontax.com/, is finally up. Believe it or not this has been in progress for several months, and everything is now working. It’s still, to a degree, a work in progress. I’ll be adding some links to articles … Continue reading

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Two From the Bozo Tax Preparer Front

Suppose you’re a tax “professional” and a client comes in who needs to file back tax returns. He presents his record of income for those years. You look at it and realize your client is going to owe a lot … Continue reading

Posted in Tax Fraud, Tax Preparation | Tagged | 1 Comment

You Can’t Get Off the Mailing List

I remember an old Peanuts where Snoopy asks to get off the IRS’ mailing list. It just doesn’t happen, and Barry Lusk of Easley, South Carolina may have learned his lesson. This story begins back in 2000. Mr. Lusk was … Continue reading

Posted in Tax Evasion | 1 Comment

Swamplands Looking at a Tax Hike?

California isn’t the only state that’s looking to raise taxes during a recession. The swamplands (aka New Jersey) are also looking at this tactic. Governor Jon Corzine (a Democrat), who coincidentally is up for reelection this fall, is proposing a … Continue reading

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Weekend Mailbag

Three questions of interest this weekend. The first deals with moving to Nevada, the second with the requirement to report foreign financial accounts, and the third deals with deducting clothing. First, a reader asks: I want to move to Nevada. … Continue reading

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That’s a Strange God to Pray For

There are many religions in this world. But one you won’t see is the Church of the IRS. Somehow, that just doesn’t seem right. Well, from Oklahoma comes the antithesis of this. Lindsey Springer and Oscar Stilley formed the Bondage … Continue reading

Posted in Tax Fraud | 3 Comments

Online Gambling Addresses

The IRS and Department of the Treasury recently stated that online gambling sites are foreign bank accounts that must be reported. There’s a problem, though. Most of these entities don’t broadcast their addresses. Some individuals sent email inquiries to one … Continue reading

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Doctor Penis Guilty of Tax Fraud

Dr. Jørn Ege had a thriving plastic surgery practice in Copenhagen. Apparently it was very successful—successful enough that he took 12.6 million kroner and didn’t disclose that on his 2005 income tax returns. Denmark isn’t known as a low tax … Continue reading

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A Billion Here and a Billion There…

A billion here, a billion there, pretty soon it adds up to real money.—Senator Everett Dirksen Well, a billion dollars is just about the amount that February collections by California were under budget. It’s going to get worse. April is … Continue reading

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Just Below the Surface

As a tax professional I get to observe first-hand what taxpayers think of the current tax climate. I think Howard Beale put it well: Somewhere between 8,000 and 15,000 protested in nearby Fullerton yesterday. These weren’t the usual left-wing protesters … Continue reading

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