Monthly Archives: September 2011

The TaxSlayer.com Bowl?

I enjoy college football. Today, my school won a thrilling game in overtime. Way back when, there were only a few college bowl games. And their names were simple: Rose, Sugar, Cotton, and Orange. The second tier games also had … Continue reading

Posted in Tax Preparation | Comments Off on The TaxSlayer.com Bowl?

California Collections Improve in August

California revenues slightly surpassed budgeted amounts in August. Revenues were ahead of plan by $134.9 million. For the 2011-2012 fiscal year, revenues remain $403.8 million below estimates. The good news, though is just slight. The budget counted on $4 billion … Continue reading

Posted in California | Tagged | Comments Off on California Collections Improve in August

Amazon and California Legislators Strike a Deal

Yesterday, Amazon.com and key California legislative leaders of both parties struck a deal. Assuming this deal passes the state legislature and is signed by Governor Brown, Amazon.com will begin collecting sales tax in California on September 12, 2012. However, if … Continue reading

Posted in California, Sales Tax | Tagged | Comments Off on Amazon and California Legislators Strike a Deal

Snipes Loses Another Appeal

The Eleventh Circuit Court of Appeals denied Wesley Snipes’ appeal of his convictions of willfully not filing tax returns. Mr. Snipes has about 26 months left on his three-year sentence.

Posted in Tax Evasion | Tagged | Comments Off on Snipes Loses Another Appeal

Four Pinocchios to President Obama

At a Labor Day speech in Detroit, President Obama stated, “We said working folks deserved a break, so within one month of me taking office, we signed into law the biggest middle-class tax cut in history, putting more money into … Continue reading

Posted in Legislation | Tagged | Comments Off on Four Pinocchios to President Obama

Same Old Song and Dance

Governor Jerry Brown would like to increase taxes. That appears to be his message to voters. Voters have rejected several income tax increases over the past few years. It’s as if no one seems to care about the voters. I … Continue reading

Posted in Legislation | Tagged , | Comments Off on Same Old Song and Dance

Nonexistent Inspectors Lead to a Real Cell at ClubFed

Jay Vincent was a standout player at Michigan State. He was part of the squad that featured Ervin “Magic” Johnson that won the NCAA Championship over Indiana State in 1979. Mr. Vincent played in the NBA with stops in Dallas, … Continue reading

Posted in Scams, Tax Fraud | Tagged | Comments Off on Nonexistent Inspectors Lead to a Real Cell at ClubFed

I’m Shocked to Find that Record Tax Increases Impact Job Losses

I hope you detected the sarcasm in the headline. The Illinois Policy Institute reports that following the record tax increase in Illinois, Illinois lost more jobs in July than any other state. There’s a wonderful chart in the article: You … Continue reading

Posted in Illinois | Comments Off on I’m Shocked to Find that Record Tax Increases Impact Job Losses