Monthly Archives: May 2009

I Need Your Advice (PowerBlogs Shutting Down)

Posted on May 30, 2009 by Russ

This blog has been hosted by PowerBlogs since its inception. I’ve enjoyed their service, but I discovered today that I’ll need to find a new home for Taxable Talk. PowerBlogs is shutting down. Please email me directly at rcfox [at] … Continue reading →

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ClubFed Is In Their Future

Posted on May 28, 2009 by Russ

Two corporate tax fraud stories crossed the wires today. In one case the participant will spend over 20 years at ClubFed; the other will almost certainly spend significant time there too. Frank Amadeo bragged that one day he’ll rule the … Continue reading →

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Proposition 8 Upheld

Posted on May 26, 2009 by Russ

Back in November California voters passed Proposition 8. This constitutional amendment to California’s constitution declared that the only legal marriage is between a man and a woman. The California Supreme Court upheld Proposition 8 today. The impact of this is … Continue reading →

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Koosman Pleads Guilty

Posted on May 26, 2009 by Russ

Jerry Koosman pleaded guilty last week to failing to file a federal tax return. It wasn’t a surprise that the former pitcher for the New York Mets and several other major league teams pleaded guilty; I reported on this earlier … Continue reading →

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Back to the Drawing Board

Posted on May 26, 2009 by Russ

After attending continuing education last week at the CSEA SuperSeminar in Las Vegas I expected a boring week to follow. After all, it’s a short week (Memorial Day was yesterday). Instead comes news that the IRS has scrapped its computer … Continue reading →

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What’s Next for California

Posted on May 21, 2009 by Russ

California voters rejected Propositions 1A-1E yesterday. Voters told Sacramento in no uncertain words it’s time to cut programs, and spend only the money you have. It will be interesting to see if the Democrats in control of both houses of … Continue reading →

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IRS Looking at Millionaires

Posted on May 21, 2009 by Russ

As I tell my clients the IRS is a collection agency. Generally, they look to collect money where there’s money to be found. Clearly, that’s individuals who make a lot of money. Douglas Shulman, the IRS Commissioner, told a House … Continue reading →

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Lies in Sin City

Posted on May 21, 2009 by Russ

I’ve covered Bozo tax preparers before, but since I’m in Las Vegas (to attend the annual CSEA SuperSeminar for continuing education) I’ll look at a resident of Sin City. Caroline Reyes operated Carol’s Tax Service (also called Central Tax Service). … Continue reading →

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Special Election on Tuesday

Posted on May 17, 2009 by Russ

On Tuesday Californians will vote in a special election on six initiatives that, even if they pass, will still leave the state with a $15 billion deficit. The Flash Report quotes Americans for Tax Reform: The California government has lived … Continue reading →

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Hatch Halfway Home

Posted on May 15, 2009 by Russ

Survivor winner and tax felon Richard Hatch was released to a halfway house in Pennsylvania from the Martinsburg, West Virginia prison where he was serving his 51 months for tax evasion. Mr. Hatch was scheduled to be released in October … Continue reading →

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