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Monthly Archives: December 2010
Tax Bill Passes: What This Means for You
After huffing and puffing and bloviating some more, Congress passed the compromise measure extending the Bush Tax Cuts for two years. It will be signed by President Obama in the next few days. Here’s what’s in and out and what … Continue reading
Posted in Legislation
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Just What You Need for the Holidays: The Wesley Snipes Jail Breaker App
The world of cellphones has changed markedly over the past 20 years. I remember my first cellphone: It was a carphone, and it must have weighed 15 pounds. The service on it wasn’t that great, but it was a necessary … Continue reading
Posted in Tax Evasion
Tagged Snipes
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What Next for California?
Jerry Brown will soon (again) be California’s governor. When he became governor in the 1970s, California was in excellent financial shape. When Jerry Brown becomes governor again on January 3rd, California will face something like a $25 to $30 billion … Continue reading
Posted in California
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Will They or Won’t They?
I’m in Las Vegas (I have an audit here tomorrow morning), and it’s definitely a good locale given the fight over the Obama/GOP compromise on the Bush Tax Cuts. The 111th Congress has but a couple of weeks left, but … Continue reading
Posted in Legislation
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Compromise Reached on Taxes; Will It Pass Congress?
Senate negotiators and President Obama reached an agreement on temporarily extending the Bush Tax Cuts for two years. Included with this will be two years of a $5 million estate tax exclusion with estates over this amount taxed at 35%. … Continue reading
Posted in IRS, Legislation
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Bush Tax Cuts Likely Will be Temporarily Extended
It appears that there will be a temporary extension of the Bush Tax Cuts for two years. At least, that’s the direction Congress is moving in from news reports. While the House passed a motion to only approve an extension … Continue reading
Posted in Legislation, Uncategorized
1 Comment
Will Online Poker Legalization Come Out of the 111th Congress?
The poker world is abuzz with word that Senate Majority Leader Harry Reid (D-NV) is circulating legislation that would legalize online poker in the United States. Poker newsgroups, such as 2+2, have long threads on the proposed legislation. Here’s what’s … Continue reading
Posted in Gambling, Legislation
1 Comment
Blade: Pennsylvania Coming Soon
Wesley Snipes will soon be reporting to prison in Lewis Run, Pennsylvania. Mr. Snipes was ordered to report to the Federal Correctional Institution McKean by noon on December 9th. I’d expect that Mr. Snipes will be in FCI McKean’s satellite … Continue reading
Posted in Tax Evasion
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Shaming in Income Tax for the Fourth Quarter
Not only has the BOE updated their list, but California’s Franchise Tax Board has updated its list of the top 250 delinquent in income tax. It took just $290,965 to make this list, but leading the way are Halsey and … Continue reading
Posted in California
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Shaming in Sales Tax for the Fourth Quarter
The Board of Equalization posted its fourth quarter 2010 list of the 250 most delinquent taxpayers. The BOE collects sales and use tax in California. (Now, if you’re asking me how the fourth quarter results can be posted at the … Continue reading
Posted in California, Sales Tax
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