Monthly Archives: June 2010

Taxes and Online Gambling: General Presentation on June 15th

Posted on June 8, 2010 by Russ

I’ll be presenting a one-hour continuing education talk on Taxes and Online Gambling at the monthly meeting of the Orange County Chapter of the California Society of Enrolled Agents next Tuesday, June 15th. If you’re near the Phoenix Club (1340 … Continue reading →

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2011 Doesn’t Look Bright

Posted on June 8, 2010 by Russ

Arthur Laffer, the noted economist, penned an op-ed in the Wall Street Journal. An excerpt: But at the tax boundary of Jan. 1, 1983 the economy took off like a rocket, with average real growth reaching 7.5% in 1983 and … Continue reading →

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Election Day

Posted on June 8, 2010 by Russ

Today is primary election day in California, Nevada, and Arkansas. While Californians don’t have many tax-related propositions to vote on today, there are numerous individuals running for office in the primary: Every state Assemblyman, half of the State Senate, one … Continue reading →

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The Sky Is Not Falling (Yet)

Posted on June 2, 2010 by Russ

For online gamblers, yesterday was the day that banking regulations relating to the Unlawful Internet Gambling Enforcement Act (UIGEA) of 2006 went into effect. The legislation itself passed in 2006 (it was attached to the Safe Ports Act). Kay Bell … Continue reading →

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Your Tax Return May Cost More

Posted on June 1, 2010 by Russ

Something that all economists know is that all tax increases on businesses are passed on to consumers. All of them. There is no such thing as a free lunch. The Tax Extenders Bill, HR 4213, would impose a new tax … Continue reading →

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