Monthly Archives: May 2009

Sweet for Me, But Not for You

Posted on May 14, 2009 by Russ

With a name like Sweeties you can probably guess what the business was in. If the government is correct, your first instinct would be right. The Department of Justice is accusing Douglas Ketcher and Christina Wypych of Oakland Park, Florida … Continue reading →

Posted in Payroll Taxes, Tax Fraud | 1 Comment

Proposition 1A: Budget Process

Posted on May 11, 2009 by Russ

Proposition 1A is the last of the six initiatives that Californians will vote on next Tuesday. The title of this initiative states, “STATE BUDGET. CHANGES CALIFORNIA BUDGET PROCESS. LIMITS STATE SPENDING. INCREASES “RAINY DAY” BUDGET STABILIZATION FUND.” If only it … Continue reading →

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BOE Staff At Work

Posted on May 11, 2009 by Russ

Bill Leonard, who I just linked to, is one of the five elected members of the Board of Equalization. The BOE directly administers California sales taxes, and hears appeals of various tax rulings. A few years ago a gentleman declared … Continue reading →

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April Sales Tax Collections 12% Below Projection

Posted on May 11, 2009 by Russ

What happens when tax rates increase? Tax Collections decrease. That’s been shown time after time. So what has happened when California raised sales tax rates statewide on April 1st? Bill Leonard is reporting that collections fell 12% in April. Of … Continue reading →

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Three Strikes and You’re Out

Posted on May 10, 2009 by Russ

Quite a bit more on the tax evasion front this last week. As a Cubs fan I’m used to seeing strike outs (Cubs pitchers have led the league in strike outs recently). Here are two individuals that have struck out … Continue reading →

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Jimenez Gets Three Years

Posted on May 10, 2009 by Russ

Earlier this year I reported on Thomas Jimenez. Mr. Jimenez, of Plantation, Florida, created a company, and then generated a $2.8 million capital gain in the stock of that company. Unfortunately, he forgot to report that gain on his tax … Continue reading →

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Deja Vu All Over Again for Strip Club Owner

Posted on May 10, 2009 by Russ

When I last wrote about former strip club owner Jon Adams, he had been convicted of two counts of tax evasion. Mr. Adams received eighteen months at ClubFed. One of the two counts was later thrown out by an Appeals … Continue reading →

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Proposition 1B: Education Funding Plan

Posted on May 10, 2009 by Russ

At least the title isn’t deceiving. And that’s about the only good thing to say about this measure. The impartial analysis by the Legislative Analyst notes, “Because there is uncertainty over how the Constitution would be interpreted in its current … Continue reading →

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But Did They Remember the 46th Quarter?

Posted on May 8, 2009 by Russ

The Pruzan Law Firm began in 1938 in Brooklyn, New York. That’s about the only thing you’ll find on their web page. Even that may be a thing of the past soon. The Department of Justice has filed a lawsuit … Continue reading →

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Proposition 1C: Lottery “Modernization”

Posted on May 8, 2009 by Russ

If any of the ballot initiatives pass this month—and that’s not likely—expect lawsuits challenging the wording of the initiatives. The language used is supposed to be non-partisan, neutral, and to accurately represent the matter being voted on. By far the … Continue reading →

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