Monthly Archives: May 2010

Leggoland, Tae Bo and Tax Evasion

Salinas Valley Engineering used to be a successful company dealing in agricultural equipment. Curtis Parry was the sole stockholder from 1977 to 2003. And then trouble came. Mr. Parry wanted to increase his income without paying taxes. So beginning in … Continue reading

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The Abyss Beckons

The immovable object and the unstoppable force need to get ready: California’s annual budget woes are heating up. The Bronze Golden State is facing a $19 billion deficit, and Governor Schwarzenegger has proposed a new budget that has no chance … Continue reading

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Traficant Running

My friend Scott reminded me that I should let everyone know that Jim Traficant has thrown his hat in the ring. He’s running as an independent in Ohio’s 17th Congressional District. Tim Ryan, a Democrat, currently is the Congressman in … Continue reading

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Forgetting the “Charitable” In Charitable Poker Leads to Trouble

Stanley Combs allegedly had a nice little business in West Carollton, Ohio. He owned and operated a Fraternal Order of Orioles lodge. But it appears the side business he supposedly ran was the real money maker. He ran poker tournaments. … Continue reading

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Selling W-2s

At year-end, most of us get a W-2 showing our wages earned. Most of us don’t purchase a W-2. There’s a good reason for that: Our employers complete it and send it to us (with a copy to the IRS). … Continue reading

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SuperSeminar Time

I’m heading to the annual CSEA SuperSeminar. Posting will be light to non-existent until next Thursday, May 13th.

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It Was Only Unexpected for the Legislature…

The Los Angeles Times story starts, State tax collections plummeted unexpectedly in April, wiping out months of steady gains that legislators hoped would ease their budget troubles and restore California’s economy faster than experts predicted. Perhaps the Legislature or newspaper … Continue reading

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Pennsylvania Goes for Big Brother

Via the TaxProf Blog and others comes this horrendous advertisement from Pennsylvania: I have nothing against Pennsylvania’s tax amnesty. I have everything against Big Brother-like methods for collecting taxes…even in a commercial.

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Bad Medicine

Taxes are always tough to stomach. A group of doctors in North Platte, Nebraska thought they found the perfect solution: A California CPA’s phony Nevada Corporations to shield taxes. This was definitely a case where the prescription was worse than … Continue reading

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Of Strip Clubs, Doormen, Taxi Drivers, and Ca$h

I’ve made plenty of posts on strip clubs and how some owners of these clubs manage to “forget” to report all of their cash income. Well, I’m heading to Las Vegas next week for the annual California Society of Enrolled … Continue reading

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